Iowa Capital Investment Corporation
EIN: 371452496 · Oklahoma City, OK · NTEE: S300
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $9K |
| Net Assets | $-289,055 |
Is Iowa Capital Investment Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Capital Investment Corporation
Iowa Capital Investment Corporation (EIN: 371452496) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code S300. The organization reported total revenue of $75K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Capital Investment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Capital Investment Corporation is a micro nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $9K |
| Surplus / Deficit | +$66K |
| Total Assets | $21K |
| Total Liabilities | $311K |
| Net Assets | $-289,055 |
| Operating Margin | 88.7% |
| Debt-to-Asset Ratio | 1445.4% |
| Months of Reserves | 30.3 months |
Financial Health Grade: A
In 2023, Iowa Capital Investment Corporation reported a surplus of $66K with revenue exceeding expenses, holds 30.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1445.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Iowa Capital Investment Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -11.2% | -95.6% |
| 2022 | +0.0% | -4.0% | +15.7% |
| 2021 | +0.0% | -30.6% | +18.1% |
| 2020 | +0.0% | -49.4% | +1.3% |
| 2019 | +0.0% | -25.9% | +23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Capital Investment Corporation 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 Capital Investment Corporation 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1445.4%.
Frequently Asked Questions about Iowa Capital Investment Corporation
Is Iowa Capital Investment Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Capital Investment Corporation (EIN: 371452496) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Capital Investment Corporation spend its money?
Detailed spending breakdown data is not yet available for Iowa Capital Investment Corporation. Check back for updated IRS 990 analysis.
Are donations to Iowa Capital Investment Corporation tax-deductible?
Iowa Capital Investment Corporation is registered as a tax-exempt nonprofit (EIN: 371452496). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Capital Investment Corporation located?
Iowa Capital Investment Corporation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 371452496. It is classified under NTEE code S300.
How many years of IRS 990 filings does Iowa Capital Investment Corporation have?
Iowa Capital Investment Corporation has 14 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 $75K in total revenue.
Filing History
IRS 990 filing history for Iowa Capital Investment Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Iowa Capital Investment Corporation's revenue has declined by 50%, moving from $150K to $75K. Total assets decreased by 66.4% over the same period, from $64K to $21K. Total functional expenses fell by 94.9%, from $168K to $9K. In its most recent filing year (2023), Iowa Capital Investment Corporation reported a surplus of $66K, with revenue exceeding expenses. The organization holds $311K in liabilities against $21K in assets (debt-to-asset ratio: 1445.4%), resulting in net assets of $-289,055.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $9K | $21K | $311K | — | — |
| 2022 | $75K | $10K | $493K | $2K | — | View 990 |
| 2021 | $75K | $10K | $426K | $248 | — | — |
| 2020 | $75K | $14K | $361K | $0 | — | — |
| 2019 | $75K | $28K | $356K | $56K | — | View 990 |
| 2018 | $75K | $38K | $288K | $34K | — | View 990 |
| 2017 | $75K | $53K | $220K | $3K | — | View 990 |
| 2016 | $75K | $66K | $197K | $2K | — | View 990 |
| 2015 | $75K | $52K | $197K | $11K | — | View 990 |
| 2014 | $75K | $96K | $171K | $8K | — | View 990 |
| 2013 | $75K | $68K | $189K | $6K | — | View 990 |
| 2012 | $204K | $126K | $187K | $857K | — | View 990 |
| 2011 | $193K | $130K | $101K | $850K | — | View 990 |
| 2010 | $150K | $168K | $64K | $874K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $9K, and assets of $21K (revenue +0.0% year-over-year).
- 2022: Revenue of $75K, expenses of $10K, and assets of $493K (revenue +0.0% year-over-year).
- 2021: Revenue of $75K, expenses of $10K, and assets of $426K (revenue +0.0% year-over-year).
- 2020: Revenue of $75K, expenses of $14K, and assets of $361K (revenue +0.0% year-over-year).
- 2019: Revenue of $75K, expenses of $28K, and assets of $356K (revenue +0.0% year-over-year).
- 2018: Revenue of $75K, expenses of $38K, and assets of $288K (revenue +0.0% year-over-year).
- 2017: Revenue of $75K, expenses of $53K, and assets of $220K (revenue +0.0% year-over-year).
- 2016: Revenue of $75K, expenses of $66K, and assets of $197K (revenue +0.0% year-over-year).
- 2015: Revenue of $75K, expenses of $52K, and assets of $197K (revenue +0.0% year-over-year).
- 2014: Revenue of $75K, expenses of $96K, and assets of $171K (revenue +0.0% year-over-year).
- 2013: Revenue of $75K, expenses of $68K, and assets of $189K (revenue -63.2% year-over-year).
- 2012: Revenue of $204K, expenses of $126K, and assets of $187K (revenue +6.0% year-over-year).
- 2011: Revenue of $193K, expenses of $130K, and assets of $101K (revenue +28.3% year-over-year).
- 2010: Revenue of $150K, expenses of $168K, and assets of $64K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Capital Investment Corporation:
Data Sources and Methodology
This transparency report for Iowa Capital Investment Corporation 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.