Iowa Association Of Oriental Medicine And Acupuncture
EIN: 270255405 · Ames, IA · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $785 |
| Total Expenses | $1K |
| Net Assets | $4K |
Is Iowa Association Of Oriental Medicine And Acupuncture 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 Oriental Medicine And Acupuncture
Iowa Association Of Oriental Medicine And Acupuncture (EIN: 270255405) is a nonprofit organization based in Ames, IA, classified under NTEE code B03. The organization reported total revenue of $785 and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Association Of Oriental Medicine And Acupuncture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Association Of Oriental Medicine And Acupuncture is a micro nonprofit that has been operating for 3 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | $-187 |
| Total Assets | $4K |
| Total Liabilities | $1 |
| Net Assets | $4K |
| Operating Margin | -18.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 39.2 months |
Financial Health Grade: B
In 2023, Iowa Association Of Oriental Medicine And Acupuncture reported a deficit of $187 with expenses exceeding revenue, holds 39.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Iowa Association Of Oriental Medicine And Acupuncture's revenue has declined at a compound annual growth rate (CAGR) of -11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.0% | -11.1% | -7.9% |
| 2022 | +50.8% | +200.0% | +33.5% |
| 2021 | +10.5% | +104.5% | +56.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Association Of Oriental Medicine And Acupuncture 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 Oriental Medicine And Acupuncture 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 $187, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Iowa Association Of Oriental Medicine And Acupuncture
Is Iowa Association Of Oriental Medicine And Acupuncture a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Association Of Oriental Medicine And Acupuncture (EIN: 270255405) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Association Of Oriental Medicine And Acupuncture spend its money?
Detailed spending breakdown data is not yet available for Iowa Association Of Oriental Medicine And Acupuncture. Check back for updated IRS 990 analysis.
Are donations to Iowa Association Of Oriental Medicine And Acupuncture tax-deductible?
Iowa Association Of Oriental Medicine And Acupuncture is registered as a tax-exempt nonprofit (EIN: 270255405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Association Of Oriental Medicine And Acupuncture located?
Iowa Association Of Oriental Medicine And Acupuncture is headquartered in Ames, Iowa and files with the IRS under EIN 270255405. It is classified under NTEE code B03.
How many years of IRS 990 filings does Iowa Association Of Oriental Medicine And Acupuncture have?
Iowa Association Of Oriental Medicine And Acupuncture has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $785 in total revenue.
Filing History
IRS 990 filing history for Iowa Association Of Oriental Medicine And Acupuncture showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Iowa Association Of Oriental Medicine And Acupuncture's revenue has declined by 30%, moving from $1K to $1K. Total assets increased by 92.7% over the same period, from $2K to $4K. Total functional expenses rose by 445.3%, from $223 to $1K. In its most recent filing year (2023), Iowa Association Of Oriental Medicine And Acupuncture reported a deficit of $187, with expenses exceeding revenue. The organization holds $1 in liabilities against $4K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $1K | $4K | $1 | — | — |
| 2022 | $2K | $1K | $4K | $1 | — | — |
| 2021 | $2K | $456 | $3K | $1 | — | — |
| 2020 | $1K | $223 | $2K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $1K, and assets of $4K (revenue -58.0% year-over-year).
- 2022: Revenue of $2K, expenses of $1K, and assets of $4K (revenue +50.8% year-over-year).
- 2021: Revenue of $2K, expenses of $456, and assets of $3K (revenue +10.5% year-over-year).
- 2020: Revenue of $1K, expenses of $223, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Association Of Oriental Medicine And Acupuncture:
Data Sources and Methodology
This transparency report for Iowa Association Of Oriental Medicine And Acupuncture 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.