Iowa Food Systems Council
EIN: 273358002 · Elkhart, IA
| Metric | Value |
|---|---|
| Total Expenses | $57K |
| Net Assets | $4K |
Is Iowa Food Systems Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Food Systems Council
Iowa Food Systems Council (EIN: 273358002) is a nonprofit organization based in Elkhart, IA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Food Systems Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Food Systems Council is a micro nonprofit, with 3 years of IRS 990 filings on record (2013–2015). Revenue has grown at a compound annual rate of -30.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $57K |
| Surplus / Deficit | $-937 |
| Total Assets | $4K |
| Total Liabilities | $245 |
| Net Assets | $4K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2015, Iowa Food Systems Council reported a deficit of $937 with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 3 years of filings (2013–2015), Iowa Food Systems Council's revenue has declined at a compound annual growth rate (CAGR) of -30.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -52.7% | -51.6% | -14.9% |
| 2014 | +3.1% | +3.1% | -87.6% |
AI Analysis Pending
AI enrichment for Iowa Food Systems Council 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 Food Systems Council 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $937, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Frequently Asked Questions about Iowa Food Systems Council
Is Iowa Food Systems Council a legitimate charity?
Iowa Food Systems Council (EIN: 273358002) is a registered tax-exempt nonprofit based in Iowa. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Iowa Food Systems Council spend its money?
Iowa Food Systems Council reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Food Systems Council tax-deductible?
Iowa Food Systems Council is registered as a tax-exempt nonprofit (EIN: 273358002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Food Systems Council located?
Iowa Food Systems Council is headquartered in Elkhart, Iowa and files with the IRS under EIN 273358002.
How many years of IRS 990 filings does Iowa Food Systems Council have?
Iowa Food Systems Council has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Iowa Food Systems Council showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2015), Iowa Food Systems Council's revenue has declined by 51.2%, moving from $116K to $57K. Total assets decreased by 89.5% over the same period, from $38K to $4K. Total functional expenses fell by 50.1%, from $115K to $57K. In its most recent filing year (2015), Iowa Food Systems Council reported a deficit of $937, with expenses exceeding revenue. The organization holds $245 in liabilities against $4K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $57K | $57K | $4K | $245 | — | View 990 |
| 2014 | $119K | $119K | $5K | $0 | — | View 990 |
| 2013 | $116K | $115K | $38K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $57K, expenses of $57K, and assets of $4K (revenue -52.7% year-over-year).
- 2014: Revenue of $119K, expenses of $119K, and assets of $5K (revenue +3.1% year-over-year).
- 2013: Revenue of $116K, expenses of $115K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Food Systems Council:
Data Sources and Methodology
This transparency report for Iowa Food Systems Council 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.