Iowa Osteopathic Medical Association
EIN: 420334865 · Wdm, IA
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $266K |
| Net Assets | $39K |
Is Iowa Osteopathic Medical Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Osteopathic Medical Association
Iowa Osteopathic Medical Association (EIN: 420334865) is a nonprofit organization based in Wdm, IA. The organization reported total revenue of $268K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Osteopathic Medical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Osteopathic Medical Association is a small nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $290K |
| Total Expenses | $266K |
| Surplus / Deficit | +$24K |
| Total Assets | $120K |
| Total Liabilities | $82K |
| Net Assets | $39K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 67.9% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Iowa Osteopathic Medical Association reported a surplus of $24K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 67.9% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Iowa Osteopathic Medical Association's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.2% | -4.3% | -5.7% |
| 2022 | +2.3% | +9.4% | -32.5% |
| 2021 | +6.7% | -13.4% | -3.6% |
| 2020 | -18.3% | +5.9% | -22.1% |
| 2019 | -39.6% | -9.6% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Osteopathic Medical Association 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 Osteopathic Medical Association 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 surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.9%.
Frequently Asked Questions about Iowa Osteopathic Medical Association
Is Iowa Osteopathic Medical Association a legitimate charity?
Iowa Osteopathic Medical Association (EIN: 420334865) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $268K. No red flags identified. Financial health grade: A.
How does Iowa Osteopathic Medical Association spend its money?
Iowa Osteopathic Medical Association reported $268K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iowa Osteopathic Medical Association tax-deductible?
Iowa Osteopathic Medical Association is registered as a tax-exempt nonprofit (EIN: 420334865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Osteopathic Medical Association located?
Iowa Osteopathic Medical Association is headquartered in Wdm, Iowa and files with the IRS under EIN 420334865.
How many years of IRS 990 filings does Iowa Osteopathic Medical Association have?
Iowa Osteopathic Medical Association 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 $268K in total revenue.
Filing History
IRS 990 filing history for Iowa Osteopathic Medical Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iowa Osteopathic Medical Association's revenue has declined by 3.8%, moving from $302K to $290K. Total assets decreased by 37.1% over the same period, from $191K to $120K. Total functional expenses fell by 10%, from $296K to $266K. In its most recent filing year (2023), Iowa Osteopathic Medical Association reported a surplus of $24K, with revenue exceeding expenses. The organization holds $82K in liabilities against $120K in assets (debt-to-asset ratio: 67.9%), resulting in net assets of $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $290K | $266K | $120K | $82K | — | View 990 |
| 2022 | $223K | $278K | $127K | $115K | — | View 990 |
| 2021 | $218K | $254K | $189K | $102K | — | — |
| 2020 | $204K | $294K | $196K | $90K | — | — |
| 2019 | $250K | $277K | $251K | $62K | — | View 990 |
| 2018 | $414K | $307K | $249K | $34K | — | — |
| 2017 | $303K | $299K | $171K | $64K | — | View 990 |
| 2016 | $316K | $292K | $181K | $78K | — | View 990 |
| 2015 | $266K | $294K | $168K | $89K | — | View 990 |
| 2014 | $312K | $329K | $158K | $51K | — | View 990 |
| 2013 | $291K | $306K | $165K | $41K | — | View 990 |
| 2012 | $302K | $296K | $191K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $290K, expenses of $266K, and assets of $120K (revenue +30.2% year-over-year).
- 2022: Revenue of $223K, expenses of $278K, and assets of $127K (revenue +2.3% year-over-year).
- 2021: Revenue of $218K, expenses of $254K, and assets of $189K (revenue +6.7% year-over-year).
- 2020: Revenue of $204K, expenses of $294K, and assets of $196K (revenue -18.3% year-over-year).
- 2019: Revenue of $250K, expenses of $277K, and assets of $251K (revenue -39.6% year-over-year).
- 2018: Revenue of $414K, expenses of $307K, and assets of $249K (revenue +36.7% year-over-year).
- 2017: Revenue of $303K, expenses of $299K, and assets of $171K (revenue -4.1% year-over-year).
- 2016: Revenue of $316K, expenses of $292K, and assets of $181K (revenue +19.0% year-over-year).
- 2015: Revenue of $266K, expenses of $294K, and assets of $168K (revenue -14.9% year-over-year).
- 2014: Revenue of $312K, expenses of $329K, and assets of $158K (revenue +7.3% year-over-year).
- 2013: Revenue of $291K, expenses of $306K, and assets of $165K (revenue -3.7% year-over-year).
- 2012: Revenue of $302K, expenses of $296K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Osteopathic Medical Association:
Data Sources and Methodology
This transparency report for Iowa Osteopathic Medical Association 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.