Iowa Healthcare Collaborative
Iowa Healthcare Collaborative maintains stable assets and positive operating margins in recent years, with no reported officer compensation.
EIN: 203869767 · Johnston, IA · NTEE: E03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $6.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $12.0M |
| Transparency Score | 85/100 |
Is Iowa Healthcare Collaborative Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iowa Healthcare Collaborative directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iowa Healthcare Collaborative
Iowa Healthcare Collaborative (EIN: 203869767) is a nonprofit organization based in Johnston, IA, classified under NTEE code E03. The organization reported total revenue of $8.0M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Healthcare Collaborative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Healthcare Collaborative is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$507K |
| Total Assets | $12.9M |
| Total Liabilities | $870K |
| Net Assets | $12.0M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Iowa Healthcare Collaborative reported a surplus of $507K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iowa Healthcare Collaborative's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | +4.6% | +17.1% |
| 2022 | +9.3% | +6.6% | -14.5% |
| 2021 | -1.1% | -0.8% | -5.3% |
| 2020 | -56.9% | -54.7% | -1.5% |
| 2019 | -24.0% | -18.7% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iowa Healthcare Collaborative with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Iowa Healthcare Collaborative allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $507K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all reported periods, which is highly unusual for an organization of this size with over $7 million in annual revenue. This either indicates that executive compensation is not being reported under the 'Officer Comp' category in the summary data, or that the organization operates with an entirely volunteer executive leadership, which would be a significant strength in terms of resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Iowa Healthcare Collaborative's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may obscure actual executive pay if categorized elsewhere.
Strengths
The following positive indicators were identified for Iowa Healthcare Collaborative:
- Consistent positive net assets, indicating financial stability.
- Healthy operating surplus in the most recent filing (202312), with revenue exceeding expenses by over $500,000.
- Significant growth in assets over the past decade, from $5.6 million in 2014 to $12.8 million in 2023.
- Low liabilities relative to assets, suggesting good financial health and limited debt burden.
Frequently Asked Questions about Iowa Healthcare Collaborative
Is Iowa Healthcare Collaborative a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Healthcare Collaborative (EIN: 203869767) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Iowa Healthcare Collaborative spend its money?
Iowa Healthcare Collaborative directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iowa Healthcare Collaborative tax-deductible?
Iowa Healthcare Collaborative is registered as a tax-exempt nonprofit (EIN: 203869767). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Iowa Healthcare Collaborative CEO make?
Iowa Healthcare Collaborative's highest-compensated officer earns $7 annually. The organization reported $8.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Iowa Healthcare Collaborative's spending goes to programs?
Iowa Healthcare Collaborative directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iowa Healthcare Collaborative compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Iowa Healthcare Collaborative is above average for NTEE category E03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iowa Healthcare Collaborative located?
Iowa Healthcare Collaborative is headquartered in Johnston, Iowa and files with the IRS under EIN 203869767. It is classified under NTEE code E03.
How many years of IRS 990 filings does Iowa Healthcare Collaborative have?
Iowa Healthcare Collaborative has 13 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 $8.0M in total revenue.
How does Iowa Healthcare Collaborative manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $7 million. This could mean that executive compensation is categorized differently in their detailed 990 filings, or that the organization relies on volunteer leadership, which would be a significant positive for efficiency.
What caused the significant fluctuations in revenue and expenses between 2018 and 2023?
Revenue peaked at $17,281,223 in 2018 and then decreased to $7,111,422 by 2023. Similarly, expenses dropped from $16,223,837 in 2018 to $6,603,969 in 2023. Understanding the underlying reasons for these substantial shifts, such as changes in grant funding, program scope, or economic factors, would provide deeper insight into the organization's operational stability.
What is the specific breakdown of program services provided by Iowa Healthcare Collaborative?
While the NTEE code E03 indicates a focus on health care, a detailed understanding of the specific programs and services delivered would help assess the direct impact of their spending and how it aligns with their mission.
What is the organization's strategy for maintaining its asset base?
Assets have grown from $5,658,623 in 2014 to $12,894,980 in 2023, demonstrating strong financial management. Understanding the investment strategies or accumulation of operating reserves contributing to this growth would be beneficial.
Filing History
IRS 990 filing history for Iowa Healthcare Collaborative showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iowa Healthcare Collaborative's revenue has grown by 438.1%, moving from $1.3M to $7.1M. Total assets increased by 785.2% over the same period, from $1.5M to $12.9M. Total functional expenses rose by 457.1%, from $1.2M to $6.6M. In its most recent filing year (2023), Iowa Healthcare Collaborative reported a surplus of $507K, with revenue exceeding expenses. The organization holds $870K in liabilities against $12.9M in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $12.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.6M | $12.9M | $870K | — | View 990 |
| 2022 | $6.1M | $6.3M | $11.0M | $456K | — | View 990 |
| 2021 | $5.6M | $5.9M | $12.9M | $612K | — | View 990 |
| 2020 | $5.7M | $6.0M | $13.6M | $1.4M | — | View 990 |
| 2019 | $13.1M | $13.2M | $13.8M | $1.1M | — | View 990 |
| 2018 | $17.3M | $16.2M | $12.9M | $1.2M | — | View 990 |
| 2017 | $15.0M | $13.2M | $12.7M | $1.1M | — | View 990 |
| 2016 | $13.0M | $9.7M | $10.6M | $1.0M | — | View 990 |
| 2015 | $4.5M | $3.7M | $6.8M | $642K | — | View 990 |
| 2014 | $3.8M | $2.6M | $5.7M | $157K | — | View 990 |
| 2013 | $4.1M | $2.4M | $4.4M | $139K | — | View 990 |
| 2012 | $4.0M | $2.9M | $2.6M | $149K | — | View 990 |
| 2011 | $1.3M | $1.2M | $1.5M | $120K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.6M, and assets of $12.9M (revenue +16.1% year-over-year).
- 2022: Revenue of $6.1M, expenses of $6.3M, and assets of $11.0M (revenue +9.3% year-over-year).
- 2021: Revenue of $5.6M, expenses of $5.9M, and assets of $12.9M (revenue -1.1% year-over-year).
- 2020: Revenue of $5.7M, expenses of $6.0M, and assets of $13.6M (revenue -56.9% year-over-year).
- 2019: Revenue of $13.1M, expenses of $13.2M, and assets of $13.8M (revenue -24.0% year-over-year).
- 2018: Revenue of $17.3M, expenses of $16.2M, and assets of $12.9M (revenue +14.9% year-over-year).
- 2017: Revenue of $15.0M, expenses of $13.2M, and assets of $12.7M (revenue +16.0% year-over-year).
- 2016: Revenue of $13.0M, expenses of $9.7M, and assets of $10.6M (revenue +188.3% year-over-year).
- 2015: Revenue of $4.5M, expenses of $3.7M, and assets of $6.8M (revenue +17.9% year-over-year).
- 2014: Revenue of $3.8M, expenses of $2.6M, and assets of $5.7M (revenue -6.7% year-over-year).
- 2013: Revenue of $4.1M, expenses of $2.4M, and assets of $4.4M (revenue +2.2% year-over-year).
- 2012: Revenue of $4.0M, expenses of $2.9M, and assets of $2.6M (revenue +202.4% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Healthcare Collaborative:
Data Sources and Methodology
This transparency report for Iowa Healthcare Collaborative 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.