Iowa Academy Of Science
EIN: 420865989 · Cedar Falls, IA · NTEE: A57Z
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $71K |
| Net Assets | $307K |
Is Iowa Academy Of Science Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Academy Of Science
Iowa Academy Of Science (EIN: 420865989) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code A57Z. The organization reported total revenue of $71K and total assets of $329K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Academy Of Science's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Academy Of Science is a micro nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $71K |
| Surplus / Deficit | +$6K |
| Total Assets | $318K |
| Total Liabilities | $12K |
| Net Assets | $307K |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 53.9 months |
Financial Health Grade: A
In 2023, Iowa Academy Of Science reported a surplus of $6K with revenue exceeding expenses, holds 53.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Academy Of Science's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.9% | +0.9% | -0.2% |
| 2022 | +17.8% | -3.4% | -4.9% |
| 2021 | -13.8% | -37.5% | +15.9% |
| 2020 | -27.9% | -11.1% | -4.6% |
| 2019 | +3.7% | -33.3% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Academy Of Science 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 Iowa Academy Of Science 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 surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Iowa Academy Of Science
Is Iowa Academy Of Science a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Academy Of Science (EIN: 420865989) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Academy Of Science spend its money?
Detailed spending breakdown data is not yet available for Iowa Academy Of Science. Check back for updated IRS 990 analysis.
Are donations to Iowa Academy Of Science tax-deductible?
Iowa Academy Of Science is registered as a tax-exempt nonprofit (EIN: 420865989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Academy Of Science located?
Iowa Academy Of Science is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 420865989. It is classified under NTEE code A57Z.
How many years of IRS 990 filings does Iowa Academy Of Science have?
Iowa Academy Of Science 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 $71K in total revenue.
Filing History
IRS 990 filing history for Iowa Academy Of Science showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Academy Of Science's revenue has declined by 67.1%, moving from $232K to $77K. Total assets decreased by 35.1% over the same period, from $490K to $318K. Total functional expenses fell by 71.9%, from $252K to $71K. In its most recent filing year (2023), Iowa Academy Of Science reported a surplus of $6K, with revenue exceeding expenses. The organization holds $12K in liabilities against $318K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $307K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $71K | $318K | $12K | — | — |
| 2022 | $103K | $70K | $319K | $18K | — | View 990 |
| 2021 | $88K | $73K | $335K | $68K | — | — |
| 2020 | $102K | $116K | $289K | $36K | — | — |
| 2019 | $141K | $131K | $303K | $36K | — | View 990 |
| 2018 | $136K | $196K | $300K | $43K | — | View 990 |
| 2017 | $152K | $166K | $354K | $36K | — | View 990 |
| 2016 | $158K | $198K | $357K | $25K | — | View 990 |
| 2015 | $218K | $206K | $402K | $30K | — | View 990 |
| 2014 | $213K | $259K | $389K | $29K | — | View 990 |
| 2013 | $193K | $236K | $425K | $19K | — | View 990 |
| 2012 | $257K | $259K | $456K | $7K | — | View 990 |
| 2011 | $232K | $252K | $490K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $71K, and assets of $318K (revenue -25.9% year-over-year).
- 2022: Revenue of $103K, expenses of $70K, and assets of $319K (revenue +17.8% year-over-year).
- 2021: Revenue of $88K, expenses of $73K, and assets of $335K (revenue -13.8% year-over-year).
- 2020: Revenue of $102K, expenses of $116K, and assets of $289K (revenue -27.9% year-over-year).
- 2019: Revenue of $141K, expenses of $131K, and assets of $303K (revenue +3.7% year-over-year).
- 2018: Revenue of $136K, expenses of $196K, and assets of $300K (revenue -10.8% year-over-year).
- 2017: Revenue of $152K, expenses of $166K, and assets of $354K (revenue -3.8% year-over-year).
- 2016: Revenue of $158K, expenses of $198K, and assets of $357K (revenue -27.2% year-over-year).
- 2015: Revenue of $218K, expenses of $206K, and assets of $402K (revenue +2.3% year-over-year).
- 2014: Revenue of $213K, expenses of $259K, and assets of $389K (revenue +10.1% year-over-year).
- 2013: Revenue of $193K, expenses of $236K, and assets of $425K (revenue -25.0% year-over-year).
- 2012: Revenue of $257K, expenses of $259K, and assets of $456K (revenue +10.7% year-over-year).
- 2011: Revenue of $232K, expenses of $252K, and assets of $490K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Academy Of Science:
Data Sources and Methodology
This transparency report for Iowa Academy Of Science 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.