Iowa Choral Directors Association Endowment Fund Inc

Iowa Choral Directors Association Endowment Fund consistently grows assets with minimal expenses and no officer compensation.

EIN: 201198910 · Washington, IA · NTEE: A196 · Updated: 2026-03-28

$95KRevenue

$667KAssets

95/100Mission Score (Excellent)

A196

About Iowa Choral Directors Association Endowment Fund Inc

Iowa Choral Directors Association Endowment Fund Inc (EIN: 201198910) is a nonprofit organization based in Washington, IA, classified under NTEE code A196. The organization reported total revenue of $95K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Choral Directors Association Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Iowa Choral Directors Association Endowment Fund Inc. demonstrates strong financial health, primarily functioning as an endowment to support its parent organization. Its assets have shown consistent growth, reaching $246,672 in the latest filing period (202406) and a peak of $666,995 in its latest reported revenue period. The organization's expenses are consistently very low, often less than 10% of its revenue in most years, indicating efficient management of its endowment funds. For example, in 202406, expenses were only $1,099 against $8,619 in revenue, and in 202306, expenses were $881 against $5,982 in revenue. This suggests that the vast majority of its financial resources are retained and grown within the endowment, rather than being spent on operational overhead.

The organization exhibits excellent transparency regarding executive compensation, reporting 0% officer compensation across all available filing periods. This indicates that the endowment is managed by volunteers or that compensation is handled by the parent organization, not directly by the endowment fund itself. The low expense ratios and consistent asset growth point to a well-managed and financially stable entity focused on long-term support for its mission. The significant revenue spike in 202206 ($201,360) without corresponding expenses suggests a large contribution or investment gain that year, further bolstering its endowment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Iowa Choral Directors Association Endowment Fund Inc with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Iowa Choral Directors Association Endowment Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filing periods, indicating that officers are uncompensated or compensated by a related entity, which is highly favorable for an organization of this size and type.

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.

Strengths

The following positive indicators were identified for Iowa Choral Directors Association Endowment Fund Inc:

Consistent asset growth, from $132,647 in 201506 to $246,672 in 202406.
Extremely low expense ratios, often less than 10% of revenue (e.g., $1,099 expenses on $8,619 revenue in 202406).
0% officer compensation reported across all filing periods, indicating efficient use of funds.
No reported liabilities, suggesting strong financial stability.
Significant revenue event in 202206 ($201,360) without corresponding expenses, boosting endowment.

Frequently Asked Questions about Iowa Choral Directors Association Endowment Fund Inc

How does the endowment fund distribute its support to the Iowa Choral Directors Association?

The filings do not detail the specific mechanisms or amounts of distributions made from the endowment to the parent organization, only showing the endowment's internal financial activity.

What caused the significant revenue increase in 202206 to $201,360?

The filings do not specify the source of this large revenue spike, but it likely represents a substantial donation or investment gain, as expenses remained at $0 for that period.

Is the Iowa Choral Directors Association Endowment Fund Inc. a good charity?

Yes, as an endowment fund, it demonstrates excellent financial management, consistent asset growth, and extremely low overhead, making it an effective vehicle for long-term support of its mission.

Filing History

IRS 990 filing history for Iowa Choral Directors Association Endowment Fund Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Iowa Choral Directors Association Endowment Fund Inc's revenue has declined by 29.8%, moving from $12K to $9K. Total assets increased by 220.3% over the same period, from $77K to $247K. Total functional expenses rose by 292.5%, from $280 to $1K. In its most recent filing year (2024), Iowa Choral Directors Association Endowment Fund Inc reported a surplus of $8K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$9K	$1K	$247K	$0	—	—
2023	$6K	$881	$220K	$0	—	View 990
2022	$201K	$0	$200K	$0	—	View 990
2021	$4K	$25K	$7K	$0	—	View 990
2020	$22K	$7K	$217K	$0	—	View 990
2019	$22K	$7K	$212K	$0	—	View 990
2018	$21K	$1K	$195K	$0	—	View 990
2017	$15K	$5K	$168K	$0	—	View 990
2016	$20K	$3K	$148K	$0	—	View 990
2015	$14K	$941	$133K	$0	—	View 990
2014	$13K	$738	$126K	$0	—	View 990
2013	$15K	$640	$108K	$0	—	View 990
2012	$14K	$456	$91K	$0	—	View 990
2011	$12K	$280	$77K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $9K, expenses of $1K, and assets of $247K (revenue +44.1% year-over-year).
2023: Revenue of $6K, expenses of $881, and assets of $220K (revenue -97.0% year-over-year).
2022: Revenue of $201K, expenses of $0, and assets of $200K (revenue +4480.5% year-over-year).
2021: Revenue of $4K, expenses of $25K, and assets of $7K (revenue -79.9% year-over-year).
2020: Revenue of $22K, expenses of $7K, and assets of $217K (revenue -1.8% year-over-year).
2019: Revenue of $22K, expenses of $7K, and assets of $212K (revenue +7.1% year-over-year).
2018: Revenue of $21K, expenses of $1K, and assets of $195K (revenue +37.0% year-over-year).
2017: Revenue of $15K, expenses of $5K, and assets of $168K (revenue -23.0% year-over-year).
2016: Revenue of $20K, expenses of $3K, and assets of $148K (revenue +44.7% year-over-year).
2015: Revenue of $14K, expenses of $941, and assets of $133K (revenue +1.9% year-over-year).
2014: Revenue of $13K, expenses of $738, and assets of $126K (revenue -10.9% year-over-year).
2013: Revenue of $15K, expenses of $640, and assets of $108K (revenue +3.5% year-over-year).
2012: Revenue of $14K, expenses of $456, and assets of $91K (revenue +17.9% year-over-year).
2011: Revenue of $12K, expenses of $280, and assets of $77K.

Data Sources and Methodology

This transparency report for Iowa Choral Directors Association Endowment Fund Inc 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.