Iowa Engineering Society
EIN: 420331684 · Wdm, IA
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $88K |
| Net Assets | $15K |
Is Iowa Engineering Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Engineering Society
Iowa Engineering Society (EIN: 420331684) is a nonprofit organization based in Wdm, IA. The organization reported total revenue of $31K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Engineering Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Engineering Society is a micro nonprofit that has been operating for 87 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $88K |
| Surplus / Deficit | $-19,316 |
| Total Assets | $17K |
| Total Liabilities | $1K |
| Net Assets | $15K |
| Operating Margin | -28.0% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2024, Iowa Engineering Society reported a deficit of $19K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Iowa Engineering Society's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -56.1% | -32.9% | -52.4% |
| 2023 | +74.5% | +59.4% | +100.1% |
| 2022 | +88.7% | +17.3% | +179.1% |
| 2021 | -42.6% | -15.4% | -33.9% |
| 2020 | +47.0% | +21.2% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1939 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Engineering Society 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 Engineering Society 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.5%.
Frequently Asked Questions about Iowa Engineering Society
Is Iowa Engineering Society a legitimate charity?
Iowa Engineering Society (EIN: 420331684) is a registered tax-exempt nonprofit based in Iowa. It has 11 years of IRS 990 filings on record. Total revenue: $31K. No red flags identified. Financial health grade: C.
How does Iowa Engineering Society spend its money?
Iowa Engineering Society reported $31K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Engineering Society tax-deductible?
Iowa Engineering Society is registered as a tax-exempt nonprofit (EIN: 420331684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Engineering Society located?
Iowa Engineering Society is headquartered in Wdm, Iowa and files with the IRS under EIN 420331684.
How many years of IRS 990 filings does Iowa Engineering Society have?
Iowa Engineering Society has 11 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 $31K in total revenue.
Filing History
IRS 990 filing history for Iowa Engineering Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Iowa Engineering Society's revenue has declined by 14.8%, moving from $81K to $69K. Total functional expenses fell by 20.5%, from $111K to $88K. In its most recent filing year (2024), Iowa Engineering Society reported a deficit of $19K, with expenses exceeding revenue. The organization holds $1K in liabilities against $17K in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $69K | $88K | $17K | $1K | — | — |
| 2023 | $157K | $132K | $35K | $300 | — | View 990 |
| 2022 | $90K | $83K | $17K | $9K | — | View 990 |
| 2021 | $48K | $70K | $6K | $28K | — | — |
| 2020 | $83K | $83K | $9K | $10K | — | View 990 |
| 2019 | $57K | $69K | $10K | $11K | — | View 990 |
| 2016 | $118K | $91K | $31K | $31K | — | View 990 |
| 2015 | $96K | $90K | $20K | $43K | — | View 990 |
| 2014 | $102K | $91K | $20K | $50K | — | View 990 |
| 2013 | $85K | $74K | $21K | $63K | — | View 990 |
| 2012 | $81K | $111K | $-40,741 | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $69K, expenses of $88K, and assets of $17K (revenue -56.1% year-over-year).
- 2023: Revenue of $157K, expenses of $132K, and assets of $35K (revenue +74.5% year-over-year).
- 2022: Revenue of $90K, expenses of $83K, and assets of $17K (revenue +88.7% year-over-year).
- 2021: Revenue of $48K, expenses of $70K, and assets of $6K (revenue -42.6% year-over-year).
- 2020: Revenue of $83K, expenses of $83K, and assets of $9K (revenue +47.0% year-over-year).
- 2019: Revenue of $57K, expenses of $69K, and assets of $10K (revenue -52.1% year-over-year).
- 2016: Revenue of $118K, expenses of $91K, and assets of $31K (revenue +22.6% year-over-year).
- 2015: Revenue of $96K, expenses of $90K, and assets of $20K (revenue -5.8% year-over-year).
- 2014: Revenue of $102K, expenses of $91K, and assets of $20K (revenue +20.9% year-over-year).
- 2013: Revenue of $85K, expenses of $74K, and assets of $21K (revenue +4.5% year-over-year).
- 2012: Revenue of $81K, expenses of $111K, and assets of $-40,741.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Engineering Society:
Data Sources and Methodology
This transparency report for Iowa Engineering Society 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.