Iowa Alliance For Choice In Education
Iowa Alliance For Choice In Education consistently grows assets with no reported officer compensation.
EIN: 204240578 · Bettendorf, IA · NTEE: B192 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $204K |
| Program Spending | 85% |
| Net Assets | $216K |
| Transparency Score | 90/100 |
Is Iowa Alliance For Choice In Education Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iowa Alliance For Choice In Education directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iowa Alliance For Choice In Education
Iowa Alliance For Choice In Education (EIN: 204240578) is a nonprofit organization based in Bettendorf, IA, classified under NTEE code B192. The organization reported total revenue of $88K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Alliance For Choice In Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Alliance For Choice In Education is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $204K |
| Surplus / Deficit | +$27K |
| Total Assets | $223K |
| Total Liabilities | $7K |
| Net Assets | $216K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Iowa Alliance For Choice In Education reported a surplus of $27K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Alliance For Choice In Education's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -3.5% | +13.0% |
| 2022 | +43.6% | +30.0% | +18.8% |
| 2021 | +21.4% | +22.3% | +3.5% |
| 2020 | -27.6% | -7.3% | +2.8% |
| 2019 | +35.6% | -31.3% | +41.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iowa Alliance For Choice In Education with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Iowa Alliance For Choice In Education allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and revenue, suggesting a volunteer-led or very lean operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Iowa Alliance For Choice In Education's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate minimal operational debt or a very conservative financial approach.
- No reported officer compensation, which while positive for efficiency, can sometimes indicate reliance on external support or a fully volunteer-run model that might face sustainability challenges if not properly structured.
Strengths
The following positive indicators were identified for Iowa Alliance For Choice In Education:
- Consistent asset growth, from $77,269 in 2014 to $223,151 in 2023, indicating strong financial management.
- Revenues consistently exceeding expenses in most years, demonstrating financial stability and sustainability.
- 0% officer compensation reported across all filings, suggesting a highly efficient operation with funds directed towards the mission.
- Robust filing history with 13 IRS 990 filings, indicating strong transparency and compliance.
- Low liabilities relative to assets, suggesting a healthy balance sheet and minimal financial risk.
Frequently Asked Questions about Iowa Alliance For Choice In Education
Is Iowa Alliance For Choice In Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Alliance For Choice In Education (EIN: 204240578) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Iowa Alliance For Choice In Education spend its money?
Iowa Alliance For Choice In Education directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iowa Alliance For Choice In Education tax-deductible?
Iowa Alliance For Choice In Education is registered as a tax-exempt nonprofit (EIN: 204240578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iowa Alliance For Choice In Education's spending goes to programs?
Iowa Alliance For Choice In Education directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iowa Alliance For Choice In Education compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Iowa Alliance For Choice In Education is above average for NTEE category B192 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iowa Alliance For Choice In Education located?
Iowa Alliance For Choice In Education is headquartered in Bettendorf, Iowa and files with the IRS under EIN 204240578. It is classified under NTEE code B192.
How many years of IRS 990 filings does Iowa Alliance For Choice In Education have?
Iowa Alliance For Choice In Education 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 $88K in total revenue.
Is Iowa Alliance For Choice In Education a good charity?
Based on the provided financial data, the Iowa Alliance For Choice In Education appears to be a well-managed charity. It consistently generates more revenue than expenses, builds assets, and reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has shown consistent improvement and growth. Assets have steadily increased from $77,269 in 2014 to $223,151 in 2023, and revenues have generally outpaced expenses, indicating a stable and growing financial position.
What is the trend in revenue and expenses?
Revenue and expenses have shown fluctuations but a general upward trend over the decade. For example, revenue grew from $132,928 in 2014 to $231,023 in 2023, with expenses also increasing but typically remaining below revenue, allowing for asset accumulation.
Filing History
IRS 990 filing history for Iowa Alliance For Choice In Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Alliance For Choice In Education's revenue has grown by 124.9%, moving from $103K to $231K. Total assets increased by 703.2% over the same period, from $28K to $223K. Total functional expenses rose by 94.2%, from $105K to $204K. In its most recent filing year (2023), Iowa Alliance For Choice In Education reported a surplus of $27K, with revenue exceeding expenses. The organization holds $7K in liabilities against $223K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $216K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $204K | $223K | $7K | — | — |
| 2022 | $239K | $211K | $197K | $9K | — | View 990 |
| 2021 | $167K | $163K | $166K | $5K | — | View 990 |
| 2020 | $137K | $133K | $161K | $3K | — | View 990 |
| 2019 | $190K | $143K | $156K | $3K | — | View 990 |
| 2018 | $140K | $209K | $111K | $4K | — | View 990 |
| 2017 | $458K | $407K | $180K | $5K | — | — |
| 2016 | $169K | $144K | $128K | $3K | — | View 990 |
| 2015 | $143K | $117K | $103K | $3K | — | View 990 |
| 2014 | $133K | $105K | $77K | $3K | — | View 990 |
| 2013 | $116K | $95K | $49K | $3K | — | View 990 |
| 2012 | $93K | $93K | $27K | $2K | — | View 990 |
| 2011 | $103K | $105K | $28K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $204K, and assets of $223K (revenue -3.4% year-over-year).
- 2022: Revenue of $239K, expenses of $211K, and assets of $197K (revenue +43.6% year-over-year).
- 2021: Revenue of $167K, expenses of $163K, and assets of $166K (revenue +21.4% year-over-year).
- 2020: Revenue of $137K, expenses of $133K, and assets of $161K (revenue -27.6% year-over-year).
- 2019: Revenue of $190K, expenses of $143K, and assets of $156K (revenue +35.6% year-over-year).
- 2018: Revenue of $140K, expenses of $209K, and assets of $111K (revenue -69.4% year-over-year).
- 2017: Revenue of $458K, expenses of $407K, and assets of $180K (revenue +171.0% year-over-year).
- 2016: Revenue of $169K, expenses of $144K, and assets of $128K (revenue +18.0% year-over-year).
- 2015: Revenue of $143K, expenses of $117K, and assets of $103K (revenue +7.6% year-over-year).
- 2014: Revenue of $133K, expenses of $105K, and assets of $77K (revenue +14.4% year-over-year).
- 2013: Revenue of $116K, expenses of $95K, and assets of $49K (revenue +25.5% year-over-year).
- 2012: Revenue of $93K, expenses of $93K, and assets of $27K (revenue -9.8% year-over-year).
- 2011: Revenue of $103K, expenses of $105K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Alliance For Choice In Education:
Data Sources and Methodology
This transparency report for Iowa Alliance For Choice In Education 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.