Iowa Auctioneers Association
EIN: 421170631 · Des Moines, IA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $65K |
| Net Assets | $76K |
Is Iowa Auctioneers Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Auctioneers Association
Iowa Auctioneers Association (EIN: 421170631) is a nonprofit organization based in Des Moines, IA, classified under NTEE code S41. The organization reported total revenue of $43K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Auctioneers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Auctioneers Association is a micro nonprofit that has been operating for 25 years, with 2 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $65K |
| Surplus / Deficit | +$5K |
| Total Assets | $91K |
| Total Liabilities | $15K |
| Net Assets | $76K |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 16.3% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Iowa Auctioneers Association reported a surplus of $5K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 16.3% (very low leverage).
Financial Trends
Over 2 years of filings (2019–2023), Iowa Auctioneers Association's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.9% | +85.6% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Auctioneers Association 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 Auctioneers Association 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.3%.
Frequently Asked Questions about Iowa Auctioneers Association
Is Iowa Auctioneers Association a legitimate charity?
Iowa Auctioneers Association (EIN: 421170631) is a registered tax-exempt nonprofit based in Iowa. It has 2 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: A.
How does Iowa Auctioneers Association spend its money?
Iowa Auctioneers Association reported $43K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Auctioneers Association tax-deductible?
Iowa Auctioneers Association is registered as a tax-exempt nonprofit (EIN: 421170631). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Auctioneers Association located?
Iowa Auctioneers Association is headquartered in Des Moines, Iowa and files with the IRS under EIN 421170631. It is classified under NTEE code S41.
How many years of IRS 990 filings does Iowa Auctioneers Association have?
Iowa Auctioneers Association has 2 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 $43K in total revenue.
Filing History
IRS 990 filing history for Iowa Auctioneers Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2023), Iowa Auctioneers Association's revenue has grown by 60.9%, moving from $43K to $70K. Total assets increased by 19.7% over the same period, from $76K to $91K. Total functional expenses rose by 85.6%, from $35K to $65K. In its most recent filing year (2023), Iowa Auctioneers Association reported a surplus of $5K, with revenue exceeding expenses. The organization holds $15K in liabilities against $91K in assets (debt-to-asset ratio: 16.3%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $65K | $91K | $15K | — | — |
| 2019 | $43K | $35K | $76K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Auctioneers Association:
Data Sources and Methodology
This transparency report for Iowa Auctioneers Association 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.