International Double Reed Society
EIN: 311020918 · Polk City, IA · NTEE: A68Z
| Metric | Value |
|---|---|
| Total Revenue | $324K |
| Total Expenses | $330K |
| Net Assets | $459K |
Is International Double Reed Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Double Reed Society
International Double Reed Society (EIN: 311020918) is a nonprofit organization based in Polk City, IA, classified under NTEE code A68Z. The organization reported total revenue of $324K and total assets of $560K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Double Reed Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Double Reed Society is a small nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $330K |
| Surplus / Deficit | $-32,384 |
| Total Assets | $558K |
| Total Liabilities | $98K |
| Net Assets | $459K |
| Operating Margin | -10.9% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 20.3 months |
Financial Health Grade: B
In 2023, International Double Reed Society reported a deficit of $32K with expenses exceeding revenue, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Double Reed Society's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | -21.4% | -5.7% |
| 2022 | +14.7% | +39.9% | -16.2% |
| 2021 | -1.3% | -3.1% | +7.4% |
| 2020 | -25.0% | -18.3% | -7.0% |
| 2019 | +14.2% | -5.3% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Double Reed Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Double Reed Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.6%.
Frequently Asked Questions about International Double Reed Society
Is International Double Reed Society a legitimate charity?
Based on AI analysis of IRS 990 filings, International Double Reed Society (EIN: 311020918) insufficient data. 0 red flags identified, 0 strengths noted.
How does International Double Reed Society spend its money?
Detailed spending breakdown data is not yet available for International Double Reed Society. Check back for updated IRS 990 analysis.
Are donations to International Double Reed Society tax-deductible?
International Double Reed Society is registered as a tax-exempt nonprofit (EIN: 311020918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is International Double Reed Society located?
International Double Reed Society is headquartered in Polk City, Iowa and files with the IRS under EIN 311020918. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does International Double Reed Society have?
International Double Reed Society has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $324K in total revenue.
Filing History
IRS 990 filing history for International Double Reed Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Double Reed Society's revenue has declined by 22.7%, moving from $385K to $298K. Total assets decreased by 28.3% over the same period, from $777K to $558K. Total functional expenses fell by 10.1%, from $367K to $330K. In its most recent filing year (2023), International Double Reed Society reported a deficit of $32K, with expenses exceeding revenue. The organization holds $98K in liabilities against $558K in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $459K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $298K | $330K | $558K | $98K | — | — |
| 2022 | $346K | $420K | $591K | $101K | — | View 990 |
| 2021 | $301K | $300K | $705K | $115K | — | View 990 |
| 2020 | $306K | $310K | $657K | $82K | — | View 990 |
| 2019 | $408K | $379K | $706K | $103K | — | View 990 |
| 2018 | $357K | $400K | $638K | $63K | — | View 990 |
| 2017 | $367K | $337K | $668K | $50K | — | View 990 |
| 2016 | $421K | $371K | $760K | $90K | — | View 990 |
| 2015 | $267K | $349K | $793K | $173K | — | View 990 |
| 2014 | $455K | $376K | $769K | $19K | — | View 990 |
| 2013 | $368K | $346K | $787K | $115K | — | View 990 |
| 2012 | $335K | $380K | $779K | $138K | — | View 990 |
| 2011 | $385K | $367K | $777K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $298K, expenses of $330K, and assets of $558K (revenue -13.8% year-over-year).
- 2022: Revenue of $346K, expenses of $420K, and assets of $591K (revenue +14.7% year-over-year).
- 2021: Revenue of $301K, expenses of $300K, and assets of $705K (revenue -1.3% year-over-year).
- 2020: Revenue of $306K, expenses of $310K, and assets of $657K (revenue -25.0% year-over-year).
- 2019: Revenue of $408K, expenses of $379K, and assets of $706K (revenue +14.2% year-over-year).
- 2018: Revenue of $357K, expenses of $400K, and assets of $638K (revenue -2.8% year-over-year).
- 2017: Revenue of $367K, expenses of $337K, and assets of $668K (revenue -12.8% year-over-year).
- 2016: Revenue of $421K, expenses of $371K, and assets of $760K (revenue +57.5% year-over-year).
- 2015: Revenue of $267K, expenses of $349K, and assets of $793K (revenue -41.2% year-over-year).
- 2014: Revenue of $455K, expenses of $376K, and assets of $769K (revenue +23.4% year-over-year).
- 2013: Revenue of $368K, expenses of $346K, and assets of $787K (revenue +9.8% year-over-year).
- 2012: Revenue of $335K, expenses of $380K, and assets of $779K (revenue -12.9% year-over-year).
- 2011: Revenue of $385K, expenses of $367K, and assets of $777K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Double Reed Society:
Data Sources and Methodology
This transparency report for International Double Reed Society is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.