Iowa Reading Association
EIN: 237019292 · Glenwood, IA · NTEE: B90
Is Iowa Reading 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 Reading Association
Iowa Reading Association (EIN: 237019292) is a nonprofit organization based in Glenwood, IA, classified under NTEE code B90. The organization reported total revenue of $69K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Reading Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Iowa Reading 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 Reading 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.
Frequently Asked Questions about Iowa Reading Association
Is Iowa Reading Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Reading Association (EIN: 237019292) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Reading Association spend its money?
Detailed spending breakdown data is not yet available for Iowa Reading Association. Check back for updated IRS 990 analysis.
Are donations to Iowa Reading Association tax-deductible?
Iowa Reading Association is registered as a tax-exempt nonprofit (EIN: 237019292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Iowa Reading Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iowa Reading Association's revenue has declined by 63.8%, moving from $71K to $26K. Total assets decreased by 89.8% over the same period, from $180K to $18K. Total functional expenses fell by 34.4%, from $42K to $28K. In its most recent filing year (2023), Iowa Reading Association reported a deficit of $2K, with expenses exceeding revenue. The organization holds $506 in liabilities against $18K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $28K | $18K | $506 | — | — |
| 2022 | $984 | $32K | $20K | $308 | — | — |
| 2021 | $62K | $33K | $51K | $308 | — | — |
| 2020 | $21K | $34K | $22K | $316 | — | View 990 |
| 2019 | $30K | $40K | $34K | $0 | — | View 990 |
| 2018 | $41K | $44K | $44K | $0 | — | View 990 |
| 2016 | $-33,407 | $19K | $104K | $0 | — | View 990 |
| 2016 | $21K | $60K | $157K | $0 | — | View 990 |
| 2015 | $34K | $51K | $195K | $0 | — | View 990 |
| 2014 | $19K | $48K | $212K | $0 | — | View 990 |
| 2013 | $107K | $46K | $240K | $0 | — | View 990 |
| 2012 | $71K | $42K | $180K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $28K, and assets of $18K (revenue +2522.2% year-over-year).
- 2022: Revenue of $984, expenses of $32K, and assets of $20K (revenue -98.4% year-over-year).
- 2021: Revenue of $62K, expenses of $33K, and assets of $51K (revenue +188.9% year-over-year).
- 2020: Revenue of $21K, expenses of $34K, and assets of $22K (revenue -27.5% year-over-year).
- 2019: Revenue of $30K, expenses of $40K, and assets of $34K (revenue -27.0% year-over-year).
- 2018: Revenue of $41K, expenses of $44K, and assets of $44K.
- 2016: Revenue of $-33,407, expenses of $19K, and assets of $104K (revenue -257.1% year-over-year).
- 2016: Revenue of $21K, expenses of $60K, and assets of $157K (revenue -38.0% year-over-year).
- 2015: Revenue of $34K, expenses of $51K, and assets of $195K (revenue +76.4% year-over-year).
- 2014: Revenue of $19K, expenses of $48K, and assets of $212K (revenue -81.8% year-over-year).
- 2013: Revenue of $107K, expenses of $46K, and assets of $240K (revenue +50.0% year-over-year).
- 2012: Revenue of $71K, expenses of $42K, and assets of $180K.
Data Sources and Methodology
This transparency report for Iowa Reading 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.