Iowa College Access Network
EIN: 270915418 · Hiawatha, IA · NTEE: B02
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Net Assets | $174K |
Is Iowa College Access Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa College Access Network
Iowa College Access Network (EIN: 270915418) is a nonprofit organization based in Hiawatha, IA, classified under NTEE code B02. The organization reported total revenue of $1.4M and total assets of $728K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa College Access Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa College Access Network is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2K |
| Total Assets | $279K |
| Total Liabilities | $104K |
| Net Assets | $174K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 37.5% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Iowa College Access Network reported a surplus of $2K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 37.5% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Iowa College Access Network's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +0.1% | -8.9% |
| 2022 | -14.1% | -12.5% | +35.0% |
| 2020 | -1.9% | +2.5% | +259.3% |
| 2019 | +1.0% | -0.2% | +88.4% |
| 2018 | +5.9% | -4.3% | -52.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa College Access Network 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 College Access Network 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.5%.
Frequently Asked Questions about Iowa College Access Network
Is Iowa College Access Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa College Access Network (EIN: 270915418) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa College Access Network spend its money?
Detailed spending breakdown data is not yet available for Iowa College Access Network. Check back for updated IRS 990 analysis.
Are donations to Iowa College Access Network tax-deductible?
Iowa College Access Network is registered as a tax-exempt nonprofit (EIN: 270915418). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa College Access Network located?
Iowa College Access Network is headquartered in Hiawatha, Iowa and files with the IRS under EIN 270915418. It is classified under NTEE code B02.
How many years of IRS 990 filings does Iowa College Access Network have?
Iowa College Access Network has 12 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Iowa College Access Network showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Iowa College Access Network's revenue has declined by 29.7%, moving from $1.5M to $1.1M. Total assets decreased by 20.1% over the same period, from $348K to $279K. Total functional expenses fell by 37.4%, from $1.7M to $1.1M. In its most recent filing year (2023), Iowa College Access Network reported a surplus of $2K, with revenue exceeding expenses. The organization holds $104K in liabilities against $279K in assets (debt-to-asset ratio: 37.5%), resulting in net assets of $174K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $279K | $104K | — | View 990 |
| 2022 | $1.0M | $1.1M | $306K | $133K | — | View 990 |
| 2020 | $1.2M | $1.2M | $227K | $303K | — | View 990 |
| 2019 | $1.2M | $1.2M | $63K | $120K | — | View 990 |
| 2018 | $1.2M | $1.2M | $33K | $124K | — | View 990 |
| 2017 | $1.1M | $1.2M | $70K | $180K | — | View 990 |
| 2016 | $1.2M | $1.2M | $117K | $126K | — | View 990 |
| 2015 | $1.3M | $1.2M | $109K | $137K | — | View 990 |
| 2014 | $1.3M | $1.4M | $44K | $167K | — | View 990 |
| 2013 | $1.3M | $1.5M | $151K | $174K | — | View 990 |
| 2012 | $1.4M | $1.4M | $373K | $224K | — | View 990 |
| 2011 | $1.5M | $1.7M | $348K | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $279K (revenue +3.8% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.1M, and assets of $306K (revenue -14.1% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $227K (revenue -1.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $63K (revenue +1.0% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $33K (revenue +5.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $70K (revenue -5.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $117K (revenue -8.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $109K (revenue +0.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $44K (revenue -1.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.5M, and assets of $151K (revenue -2.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $373K (revenue -9.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.7M, and assets of $348K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa College Access Network:
Data Sources and Methodology
This transparency report for Iowa College Access Network 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.