Iowa Lakes Resource Conservation & Development
EIN: 311496657 · Storm Lake, IA
| Metric | Value |
|---|---|
| Total Expenses | $58K |
| Net Assets | $88K |
Is Iowa Lakes Resource Conservation & Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Lakes Resource Conservation & Development
Iowa Lakes Resource Conservation & Development (EIN: 311496657) is a nonprofit organization based in Storm Lake, 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 Lakes Resource Conservation & Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Lakes Resource Conservation & Development is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -29.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $58K |
| Surplus / Deficit | $-33,496 |
| Total Assets | $91K |
| Total Liabilities | $2K |
| Net Assets | $88K |
| Operating Margin | -135.8% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 18.7 months |
Financial Health Grade: B
In 2015, Iowa Lakes Resource Conservation & Development reported a deficit of $33K with expenses exceeding revenue, holds 18.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Iowa Lakes Resource Conservation & Development's revenue has declined at a compound annual growth rate (CAGR) of -29.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -58.3% | +9.1% | -25.5% |
| 2014 | +24.8% | +15.7% | +3.2% |
| 2013 | -62.3% | -49.5% | +1.0% |
| 2012 | +23.7% | -11.5% | +21.0% |
AI Analysis Pending
AI enrichment for Iowa Lakes Resource Conservation & Development 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 Lakes Resource Conservation & Development 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 $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Iowa Lakes Resource Conservation & Development
Is Iowa Lakes Resource Conservation & Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Lakes Resource Conservation & Development (EIN: 311496657) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Lakes Resource Conservation & Development spend its money?
Detailed spending breakdown data is not yet available for Iowa Lakes Resource Conservation & Development. Check back for updated IRS 990 analysis.
Are donations to Iowa Lakes Resource Conservation & Development tax-deductible?
Iowa Lakes Resource Conservation & Development is registered as a tax-exempt nonprofit (EIN: 311496657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Lakes Resource Conservation & Development located?
Iowa Lakes Resource Conservation & Development is headquartered in Storm Lake, Iowa and files with the IRS under EIN 311496657.
How many years of IRS 990 filings does Iowa Lakes Resource Conservation & Development have?
Iowa Lakes Resource Conservation & Development has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Iowa Lakes Resource Conservation & Development showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Iowa Lakes Resource Conservation & Development's revenue has declined by 75.8%, moving from $102K to $25K. Total assets decreased by 6% over the same period, from $96K to $91K. Total functional expenses fell by 43.5%, from $103K to $58K. In its most recent filing year (2015), Iowa Lakes Resource Conservation & Development reported a deficit of $33K, with expenses exceeding revenue. The organization holds $2K in liabilities against $91K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $25K | $58K | $91K | $2K | — | View 990 |
| 2014 | $59K | $53K | $122K | $0 | — | View 990 |
| 2013 | $47K | $46K | $118K | $58 | — | View 990 |
| 2012 | $126K | $91K | $117K | $209 | — | View 990 |
| 2011 | $102K | $103K | $96K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $25K, expenses of $58K, and assets of $91K (revenue -58.3% year-over-year).
- 2014: Revenue of $59K, expenses of $53K, and assets of $122K (revenue +24.8% year-over-year).
- 2013: Revenue of $47K, expenses of $46K, and assets of $118K (revenue -62.3% year-over-year).
- 2012: Revenue of $126K, expenses of $91K, and assets of $117K (revenue +23.7% year-over-year).
- 2011: Revenue of $102K, expenses of $103K, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Lakes Resource Conservation & Development:
Data Sources and Methodology
This transparency report for Iowa Lakes Resource Conservation & Development 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.