Iowa Agriculture Literacy Foundation
EIN: 311672416 · Des Moines, IA · NTEE: K50
| Metric | Value |
|---|---|
| Total Revenue | $627K |
| Total Expenses | $688K |
| Net Assets | $174K |
Is Iowa Agriculture Literacy Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Agriculture Literacy Foundation
Iowa Agriculture Literacy Foundation (EIN: 311672416) is a nonprofit organization based in Des Moines, IA, classified under NTEE code K50. The organization reported total revenue of $627K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Agriculture Literacy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Agriculture Literacy Foundation is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $656K |
| Total Expenses | $688K |
| Surplus / Deficit | $-31,934 |
| Total Assets | $177K |
| Total Liabilities | $3K |
| Net Assets | $174K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 3.1 months |
Financial Health Grade: B
In 2023, Iowa Agriculture Literacy Foundation reported a deficit of $32K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Iowa Agriculture Literacy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | -8.3% | -17.2% |
| 2022 | -38.0% | +5.4% | -44.2% |
| 2021 | +57.9% | +19.7% | +252.8% |
| 2020 | -0.9% | -1.9% | -4.3% |
| 2019 | +15.1% | +11.7% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Agriculture Literacy Foundation 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 Agriculture Literacy Foundation 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: 1.4%.
Frequently Asked Questions about Iowa Agriculture Literacy Foundation
Is Iowa Agriculture Literacy Foundation a legitimate charity?
Iowa Agriculture Literacy Foundation (EIN: 311672416) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $627K. No red flags identified. Financial health grade: B.
How does Iowa Agriculture Literacy Foundation spend its money?
Iowa Agriculture Literacy Foundation reported $627K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Agriculture Literacy Foundation tax-deductible?
Iowa Agriculture Literacy Foundation is registered as a tax-exempt nonprofit (EIN: 311672416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Agriculture Literacy Foundation located?
Iowa Agriculture Literacy Foundation is headquartered in Des Moines, Iowa and files with the IRS under EIN 311672416. It is classified under NTEE code K50.
How many years of IRS 990 filings does Iowa Agriculture Literacy Foundation have?
Iowa Agriculture Literacy Foundation has 10 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 $627K in total revenue.
Filing History
IRS 990 filing history for Iowa Agriculture Literacy Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Iowa Agriculture Literacy Foundation's revenue has grown by 75.4%, moving from $374K to $656K. Total assets decreased by 23% over the same period, from $229K to $177K. Total functional expenses rose by 338.8%, from $157K to $688K. In its most recent filing year (2023), Iowa Agriculture Literacy Foundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $3K in liabilities against $177K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $174K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $656K | $688K | $177K | $3K | — | — |
| 2022 | $596K | $750K | $213K | $11K | — | — |
| 2021 | $963K | $712K | $383K | $18K | — | View 990 |
| 2020 | $610K | $595K | $108K | $327 | — | — |
| 2019 | $615K | $606K | $113K | $22K | — | View 990 |
| 2018 | $535K | $543K | $89K | $6K | — | View 990 |
| 2017 | $468K | $548K | $158K | $18K | — | — |
| 2016 | $407K | $489K | $189K | $19K | — | View 990 |
| 2015 | $486K | $459K | $256K | $4K | — | View 990 |
| 2014 | $374K | $157K | $229K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $656K, expenses of $688K, and assets of $177K (revenue +10.0% year-over-year).
- 2022: Revenue of $596K, expenses of $750K, and assets of $213K (revenue -38.0% year-over-year).
- 2021: Revenue of $963K, expenses of $712K, and assets of $383K (revenue +57.9% year-over-year).
- 2020: Revenue of $610K, expenses of $595K, and assets of $108K (revenue -0.9% year-over-year).
- 2019: Revenue of $615K, expenses of $606K, and assets of $113K (revenue +15.1% year-over-year).
- 2018: Revenue of $535K, expenses of $543K, and assets of $89K (revenue +14.1% year-over-year).
- 2017: Revenue of $468K, expenses of $548K, and assets of $158K (revenue +15.1% year-over-year).
- 2016: Revenue of $407K, expenses of $489K, and assets of $189K (revenue -16.3% year-over-year).
- 2015: Revenue of $486K, expenses of $459K, and assets of $256K (revenue +29.9% year-over-year).
- 2014: Revenue of $374K, expenses of $157K, and assets of $229K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Agriculture Literacy Foundation:
Data Sources and Methodology
This transparency report for Iowa Agriculture Literacy Foundation 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.