Iowa Council Of Foundations
EIN: 421476116 · Wdm, IA · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $496K |
| Net Assets | $323K |
Is Iowa Council Of Foundations Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Council Of Foundations
Iowa Council Of Foundations (EIN: 421476116) is a nonprofit organization based in Wdm, IA, classified under NTEE code B60. The organization reported total revenue of $511K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Council Of Foundations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Council Of Foundations is a small nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $580K |
| Total Expenses | $496K |
| Surplus / Deficit | +$84K |
| Total Assets | $333K |
| Total Liabilities | $11K |
| Net Assets | $323K |
| Operating Margin | 14.5% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, Iowa Council Of Foundations reported a surplus of $84K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Iowa Council Of Foundations's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +8.8% | +34.2% |
| 2022 | +5.2% | -1.4% | +26.7% |
| 2021 | +20.5% | +0.9% | -11.5% |
| 2020 | -19.2% | -5.6% | -12.6% |
| 2019 | -7.2% | -3.7% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Council Of Foundations 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 Council Of Foundations 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 $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Iowa Council Of Foundations
Is Iowa Council Of Foundations a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Council Of Foundations (EIN: 421476116) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Council Of Foundations spend its money?
Detailed spending breakdown data is not yet available for Iowa Council Of Foundations. Check back for updated IRS 990 analysis.
Are donations to Iowa Council Of Foundations tax-deductible?
Iowa Council Of Foundations is registered as a tax-exempt nonprofit (EIN: 421476116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Council Of Foundations located?
Iowa Council Of Foundations is headquartered in Wdm, Iowa and files with the IRS under EIN 421476116. It is classified under NTEE code B60.
How many years of IRS 990 filings does Iowa Council Of Foundations have?
Iowa Council Of Foundations 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 $511K in total revenue.
Filing History
IRS 990 filing history for Iowa Council Of Foundations showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iowa Council Of Foundations's revenue has grown by 66.3%, moving from $349K to $580K. Total assets increased by 35.5% over the same period, from $246K to $333K. Total functional expenses rose by 9.2%, from $454K to $496K. In its most recent filing year (2023), Iowa Council Of Foundations reported a surplus of $84K, with revenue exceeding expenses. The organization holds $11K in liabilities against $333K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $323K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $580K | $496K | $333K | $11K | — | View 990 |
| 2022 | $502K | $456K | $248K | $10K | — | View 990 |
| 2021 | $477K | $463K | $196K | $3K | — | — |
| 2020 | $396K | $459K | $221K | $43K | — | View 990 |
| 2019 | $490K | $486K | $253K | $12K | — | View 990 |
| 2018 | $528K | $504K | $243K | $5K | — | View 990 |
| 2017 | $403K | $526K | $228K | $13K | — | View 990 |
| 2016 | $361K | $416K | $354K | $18K | — | View 990 |
| 2015 | $457K | $463K | $222K | $4K | — | View 990 |
| 2014 | $433K | $411K | $241K | $16K | — | View 990 |
| 2013 | $344K | $380K | $212K | $9K | — | View 990 |
| 2012 | $349K | $454K | $246K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $580K, expenses of $496K, and assets of $333K (revenue +15.7% year-over-year).
- 2022: Revenue of $502K, expenses of $456K, and assets of $248K (revenue +5.2% year-over-year).
- 2021: Revenue of $477K, expenses of $463K, and assets of $196K (revenue +20.5% year-over-year).
- 2020: Revenue of $396K, expenses of $459K, and assets of $221K (revenue -19.2% year-over-year).
- 2019: Revenue of $490K, expenses of $486K, and assets of $253K (revenue -7.2% year-over-year).
- 2018: Revenue of $528K, expenses of $504K, and assets of $243K (revenue +30.9% year-over-year).
- 2017: Revenue of $403K, expenses of $526K, and assets of $228K (revenue +11.9% year-over-year).
- 2016: Revenue of $361K, expenses of $416K, and assets of $354K (revenue -21.1% year-over-year).
- 2015: Revenue of $457K, expenses of $463K, and assets of $222K (revenue +5.4% year-over-year).
- 2014: Revenue of $433K, expenses of $411K, and assets of $241K (revenue +26.1% year-over-year).
- 2013: Revenue of $344K, expenses of $380K, and assets of $212K (revenue -1.6% year-over-year).
- 2012: Revenue of $349K, expenses of $454K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Council Of Foundations:
Data Sources and Methodology
This transparency report for Iowa Council Of Foundations 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.