Iowa Youth Chorus Inc
EIN: 421166088 · Des Moines, IA · NTEE: A6B0
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $98K |
| Net Assets | $105K |
Is Iowa Youth Chorus Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iowa Youth Chorus Inc
Iowa Youth Chorus Inc (EIN: 421166088) is a nonprofit organization based in Des Moines, IA, classified under NTEE code A6B0. The organization reported total revenue of $120K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iowa Youth Chorus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iowa Youth Chorus Inc is a small nonprofit that has been operating for 42 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $98K |
| Surplus / Deficit | +$23K |
| Total Assets | $137K |
| Total Liabilities | $32K |
| Net Assets | $105K |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2021, Iowa Youth Chorus Inc reported a surplus of $23K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Iowa Youth Chorus Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +5.5% | +10.8% | +7.6% |
| 2020 | -6.2% | -34.3% | +123.2% |
| 2019 | -17.8% | -4.5% | -27.9% |
| 2018 | +9.8% | +28.4% | +22.0% |
| 2017 | -15.9% | -36.2% | +38.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iowa Youth Chorus Inc 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 Youth Chorus Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.1%.
Frequently Asked Questions about Iowa Youth Chorus Inc
Is Iowa Youth Chorus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iowa Youth Chorus Inc (EIN: 421166088) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iowa Youth Chorus Inc spend its money?
Detailed spending breakdown data is not yet available for Iowa Youth Chorus Inc. Check back for updated IRS 990 analysis.
Are donations to Iowa Youth Chorus Inc tax-deductible?
Iowa Youth Chorus Inc is registered as a tax-exempt nonprofit (EIN: 421166088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iowa Youth Chorus Inc located?
Iowa Youth Chorus Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 421166088. It is classified under NTEE code A6B0.
How many years of IRS 990 filings does Iowa Youth Chorus Inc have?
Iowa Youth Chorus Inc has 11 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 $120K in total revenue.
Filing History
IRS 990 filing history for Iowa Youth Chorus Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Iowa Youth Chorus Inc's revenue has declined by 34.3%, moving from $183K to $120K. Total assets increased by 66.1% over the same period, from $83K to $137K. Total functional expenses fell by 49.7%, from $194K to $98K. In its most recent filing year (2021), Iowa Youth Chorus Inc reported a surplus of $23K, with revenue exceeding expenses. The organization holds $32K in liabilities against $137K in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $105K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $120K | $98K | $137K | $32K | — | — |
| 2020 | $114K | $88K | $127K | $45K | — | — |
| 2019 | $121K | $134K | $57K | $119 | — | View 990 |
| 2018 | $148K | $140K | $79K | $10K | — | View 990 |
| 2017 | $134K | $109K | $65K | $3K | — | View 990 |
| 2016 | $160K | $171K | $47K | $10K | — | View 990 |
| 2015 | $163K | $170K | $54K | $5K | — | View 990 |
| 2014 | $197K | $187K | $73K | $18K | — | View 990 |
| 2013 | $195K | $192K | $72K | $27K | — | View 990 |
| 2012 | $162K | $182K | $67K | $25K | — | View 990 |
| 2011 | $183K | $194K | $83K | $21K | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $120K, expenses of $98K, and assets of $137K (revenue +5.5% year-over-year).
- 2020: Revenue of $114K, expenses of $88K, and assets of $127K (revenue -6.2% year-over-year).
- 2019: Revenue of $121K, expenses of $134K, and assets of $57K (revenue -17.8% year-over-year).
- 2018: Revenue of $148K, expenses of $140K, and assets of $79K (revenue +9.8% year-over-year).
- 2017: Revenue of $134K, expenses of $109K, and assets of $65K (revenue -15.9% year-over-year).
- 2016: Revenue of $160K, expenses of $171K, and assets of $47K (revenue -2.2% year-over-year).
- 2015: Revenue of $163K, expenses of $170K, and assets of $54K (revenue -17.0% year-over-year).
- 2014: Revenue of $197K, expenses of $187K, and assets of $73K (revenue +1.0% year-over-year).
- 2013: Revenue of $195K, expenses of $192K, and assets of $72K (revenue +20.1% year-over-year).
- 2012: Revenue of $162K, expenses of $182K, and assets of $67K (revenue -11.3% year-over-year).
- 2011: Revenue of $183K, expenses of $194K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iowa Youth Chorus Inc:
Data Sources and Methodology
This transparency report for Iowa Youth Chorus Inc 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.