Iowa Congolese Organization And Center For Healing
EIN: 824386292 · Des Moines, IA · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $385K |
| Total Expenses | $408K |
| Net Assets | $119K |
Is Iowa Congolese Organization And Center For Healing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Congolese Organization And Center For Healing
Iowa Congolese Organization And Center For Healing (EIN: 824386292) is a nonprofit organization based in Des Moines, IA, classified under NTEE code P84. The organization reported total revenue of $385K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Congolese Organization And Center For Healing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Congolese Organization And Center For Healing is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $446K |
| Total Expenses | $408K |
| Surplus / Deficit | +$38K |
| Total Assets | $171K |
| Total Liabilities | $53K |
| Net Assets | $119K |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 30.7% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Iowa Congolese Organization And Center For Healing reported a surplus of $38K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 30.7% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Iowa Congolese Organization And Center For Healing's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +136.4% | +86.1% | +112.0% |
| 2022 | -47.1% | +0.8% | -47.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Congolese Organization And Center For Healing 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 Congolese Organization And Center For Healing 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.7%.
Frequently Asked Questions about Iowa Congolese Organization And Center For Healing
Is Iowa Congolese Organization And Center For Healing a legitimate charity?
Iowa Congolese Organization And Center For Healing (EIN: 824386292) is a registered tax-exempt nonprofit based in Iowa. It has 3 years of IRS 990 filings on record. Total revenue: $385K. No red flags identified. Financial health grade: A.
How does Iowa Congolese Organization And Center For Healing spend its money?
Iowa Congolese Organization And Center For Healing reported $385K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Congolese Organization And Center For Healing tax-deductible?
Iowa Congolese Organization And Center For Healing is registered as a tax-exempt nonprofit (EIN: 824386292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Congolese Organization And Center For Healing located?
Iowa Congolese Organization And Center For Healing is headquartered in Des Moines, Iowa and files with the IRS under EIN 824386292. It is classified under NTEE code P84.
How many years of IRS 990 filings does Iowa Congolese Organization And Center For Healing have?
Iowa Congolese Organization And Center For Healing has 3 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 $385K in total revenue.
Filing History
IRS 990 filing history for Iowa Congolese Organization And Center For Healing showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Iowa Congolese Organization And Center For Healing's revenue has grown by 25.2%, moving from $356K to $446K. Total assets increased by 11.7% over the same period, from $153K to $171K. Total functional expenses rose by 87.6%, from $218K to $408K. In its most recent filing year (2023), Iowa Congolese Organization And Center For Healing reported a surplus of $38K, with revenue exceeding expenses. The organization holds $53K in liabilities against $171K in assets (debt-to-asset ratio: 30.7%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $446K | $408K | $171K | $53K | — | — |
| 2022 | $189K | $219K | $81K | $0 | — | — |
| 2021 | $356K | $218K | $153K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $446K, expenses of $408K, and assets of $171K (revenue +136.4% year-over-year).
- 2022: Revenue of $189K, expenses of $219K, and assets of $81K (revenue -47.1% year-over-year).
- 2021: Revenue of $356K, expenses of $218K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Congolese Organization And Center For Healing:
Data Sources and Methodology
This transparency report for Iowa Congolese Organization And Center For Healing 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.