Iowa Association Of Business And Industry Foundation
EIN: 421242565 · Des Moines, IA · NTEE: O53Z
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $520K |
| Net Assets | $958K |
Is Iowa Association Of Business And Industry 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 Association Of Business And Industry Foundation
Iowa Association Of Business And Industry Foundation (EIN: 421242565) is a nonprofit organization based in Des Moines, IA, classified under NTEE code O53Z. The organization reported total revenue of $323K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Association Of Business And Industry Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Association Of Business And Industry Foundation is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $530K |
| Total Expenses | $520K |
| Surplus / Deficit | +$11K |
| Total Assets | $1.1M |
| Total Liabilities | $123K |
| Net Assets | $958K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2023, Iowa Association Of Business And Industry Foundation reported a surplus of $11K with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Association Of Business And Industry Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | -0.9% | +7.6% |
| 2022 | +22.3% | +5.0% | -3.0% |
| 2021 | +14.8% | +13.3% | +9.1% |
| 2020 | -22.9% | -24.6% | +2.1% |
| 2019 | +12.4% | +13.2% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Association Of Business And Industry 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 Association Of Business And Industry 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Frequently Asked Questions about Iowa Association Of Business And Industry Foundation
Is Iowa Association Of Business And Industry Foundation a legitimate charity?
Iowa Association Of Business And Industry Foundation (EIN: 421242565) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: A.
How does Iowa Association Of Business And Industry Foundation spend its money?
Iowa Association Of Business And Industry Foundation reported $323K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Association Of Business And Industry Foundation tax-deductible?
Iowa Association Of Business And Industry Foundation is registered as a tax-exempt nonprofit (EIN: 421242565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Association Of Business And Industry Foundation located?
Iowa Association Of Business And Industry Foundation is headquartered in Des Moines, Iowa and files with the IRS under EIN 421242565. It is classified under NTEE code O53Z.
How many years of IRS 990 filings does Iowa Association Of Business And Industry Foundation have?
Iowa Association Of Business And Industry Foundation 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 $323K in total revenue.
Filing History
IRS 990 filing history for Iowa Association Of Business And Industry Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Association Of Business And Industry Foundation's revenue has grown by 96.2%, moving from $270K to $530K. Total assets increased by 633.2% over the same period, from $147K to $1.1M. Total functional expenses rose by 64.4%, from $316K to $520K. In its most recent filing year (2023), Iowa Association Of Business And Industry Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $123K in liabilities against $1.1M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $958K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $530K | $520K | $1.1M | $123K | — | View 990 |
| 2022 | $680K | $525K | $1.0M | $143K | — | View 990 |
| 2021 | $556K | $500K | $1.0M | $147K | — | — |
| 2020 | $485K | $441K | $950K | $117K | — | — |
| 2019 | $629K | $585K | $930K | $242K | — | View 990 |
| 2018 | $559K | $517K | $831K | $213K | — | View 990 |
| 2017 | $556K | $600K | $795K | $235K | — | View 990 |
| 2016 | $730K | $650K | $795K | $222K | — | View 990 |
| 2015 | $602K | $602K | $748K | $252K | — | View 990 |
| 2014 | $910K | $564K | $748K | $232K | — | View 990 |
| 2013 | $453K | $356K | $274K | $0 | — | View 990 |
| 2012 | $351K | $322K | $177K | $0 | — | View 990 |
| 2011 | $270K | $316K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $530K, expenses of $520K, and assets of $1.1M (revenue -22.0% year-over-year).
- 2022: Revenue of $680K, expenses of $525K, and assets of $1.0M (revenue +22.3% year-over-year).
- 2021: Revenue of $556K, expenses of $500K, and assets of $1.0M (revenue +14.8% year-over-year).
- 2020: Revenue of $485K, expenses of $441K, and assets of $950K (revenue -22.9% year-over-year).
- 2019: Revenue of $629K, expenses of $585K, and assets of $930K (revenue +12.4% year-over-year).
- 2018: Revenue of $559K, expenses of $517K, and assets of $831K (revenue +0.6% year-over-year).
- 2017: Revenue of $556K, expenses of $600K, and assets of $795K (revenue -23.7% year-over-year).
- 2016: Revenue of $730K, expenses of $650K, and assets of $795K (revenue +21.2% year-over-year).
- 2015: Revenue of $602K, expenses of $602K, and assets of $748K (revenue -33.8% year-over-year).
- 2014: Revenue of $910K, expenses of $564K, and assets of $748K (revenue +100.9% year-over-year).
- 2013: Revenue of $453K, expenses of $356K, and assets of $274K (revenue +28.9% year-over-year).
- 2012: Revenue of $351K, expenses of $322K, and assets of $177K (revenue +30.0% year-over-year).
- 2011: Revenue of $270K, expenses of $316K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Association Of Business And Industry Foundation:
Data Sources and Methodology
This transparency report for Iowa Association Of Business And Industry 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.