Iowa Meat Processors Asso
EIN: 426067026 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $131K |
| Net Assets | $284K |
Is Iowa Meat Processors Asso Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Meat Processors Asso
Iowa Meat Processors Asso (EIN: 426067026) is a nonprofit organization based in Des Moines, IA. The organization reported total revenue of $21K and total assets of $283K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Meat Processors Asso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Meat Processors Asso is a micro nonprofit that has been operating for 62 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $131K |
| Surplus / Deficit | $-57,243 |
| Total Assets | $284K |
| Net Assets | $284K |
| Operating Margin | -77.3% |
| Months of Reserves | 25.9 months |
Financial Health Grade: B
In 2023, Iowa Meat Processors Asso reported a deficit of $57K with expenses exceeding revenue, holds 25.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Iowa Meat Processors Asso's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.1% | +132.2% | -16.8% |
| 2022 | +218.3% | +241.8% | +7.9% |
| 2021 | -84.2% | -86.1% | +3.0% |
| 2020 | +135.7% | +32.6% | +16.3% |
| 2019 | -1.8% | -41.4% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Meat Processors Asso 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 Meat Processors Asso 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 deficit of $57K, with expenses exceeding revenue.
Frequently Asked Questions about Iowa Meat Processors Asso
Is Iowa Meat Processors Asso a legitimate charity?
Iowa Meat Processors Asso (EIN: 426067026) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $21K. No red flags identified. Financial health grade: B.
How does Iowa Meat Processors Asso spend its money?
Iowa Meat Processors Asso reported $21K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Meat Processors Asso tax-deductible?
Iowa Meat Processors Asso is registered as a tax-exempt nonprofit (EIN: 426067026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Meat Processors Asso located?
Iowa Meat Processors Asso is headquartered in Des Moines, Iowa and files with the IRS under EIN 426067026.
How many years of IRS 990 filings does Iowa Meat Processors Asso have?
Iowa Meat Processors Asso 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 $21K in total revenue.
Filing History
IRS 990 filing history for Iowa Meat Processors Asso showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iowa Meat Processors Asso's revenue has declined by 66.6%, moving from $222K to $74K. Total assets decreased by 14.1% over the same period, from $330K to $284K. Total functional expenses rose by 73.9%, from $76K to $131K. In its most recent filing year (2023), Iowa Meat Processors Asso reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $131K | $284K | $0 | — | View 990 |
| 2022 | $82K | $57K | $341K | $0 | — | — |
| 2021 | $26K | $17K | $316K | $0 | — | — |
| 2020 | $162K | $119K | $307K | $0 | — | View 990 |
| 2019 | $69K | $90K | $264K | $0 | — | View 990 |
| 2018 | $70K | $153K | $285K | $0 | — | View 990 |
| 2017 | $157K | $137K | $368K | $0 | — | View 990 |
| 2016 | $74K | $94K | $347K | $0 | — | View 990 |
| 2015 | $53K | $98K | $367K | $0 | — | View 990 |
| 2014 | $143K | $137K | $412K | $0 | — | View 990 |
| 2013 | $166K | $91K | $405K | $0 | — | View 990 |
| 2012 | $222K | $76K | $330K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $131K, and assets of $284K (revenue -9.1% year-over-year).
- 2022: Revenue of $82K, expenses of $57K, and assets of $341K (revenue +218.3% year-over-year).
- 2021: Revenue of $26K, expenses of $17K, and assets of $316K (revenue -84.2% year-over-year).
- 2020: Revenue of $162K, expenses of $119K, and assets of $307K (revenue +135.7% year-over-year).
- 2019: Revenue of $69K, expenses of $90K, and assets of $264K (revenue -1.8% year-over-year).
- 2018: Revenue of $70K, expenses of $153K, and assets of $285K (revenue -55.5% year-over-year).
- 2017: Revenue of $157K, expenses of $137K, and assets of $368K (revenue +112.4% year-over-year).
- 2016: Revenue of $74K, expenses of $94K, and assets of $347K (revenue +39.8% year-over-year).
- 2015: Revenue of $53K, expenses of $98K, and assets of $367K (revenue -62.9% year-over-year).
- 2014: Revenue of $143K, expenses of $137K, and assets of $412K (revenue -14.0% year-over-year).
- 2013: Revenue of $166K, expenses of $91K, and assets of $405K (revenue -24.9% year-over-year).
- 2012: Revenue of $222K, expenses of $76K, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Meat Processors Asso:
Data Sources and Methodology
This transparency report for Iowa Meat Processors Asso 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.