Kanesville Heights Inc
EIN: 421518804 · Council Bluffs, IA · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $270K |
| Net Assets | $-1,115,365 |
Is Kanesville Heights Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kanesville Heights Inc
Kanesville Heights Inc (EIN: 421518804) is a nonprofit organization based in Council Bluffs, IA, classified under NTEE code L21. The organization reported total revenue of $312K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kanesville Heights Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kanesville Heights Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $270K |
| Surplus / Deficit | $-34,514 |
| Total Assets | $1.3M |
| Total Liabilities | $2.4M |
| Net Assets | $-1,115,365 |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 184.5% |
| Months of Reserves | 58.6 months |
Financial Health Grade: C
In 2024, Kanesville Heights Inc reported a deficit of $35K with expenses exceeding revenue, holds 58.6 months of operating reserves (strong position), has a debt-to-asset ratio of 184.5% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Kanesville Heights Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.9% | -13.7% | -1.6% |
| 2023 | +3.8% | +6.5% | -5.1% |
| 2022 | +1.8% | +3.4% | -4.6% |
| 2021 | +1.5% | +5.4% | -4.8% |
| 2020 | +4.5% | +3.0% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kanesville Heights 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 Kanesville Heights 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 184.5%.
Frequently Asked Questions about Kanesville Heights Inc
Is Kanesville Heights Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kanesville Heights Inc (EIN: 421518804) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kanesville Heights Inc spend its money?
Detailed spending breakdown data is not yet available for Kanesville Heights Inc. Check back for updated IRS 990 analysis.
Are donations to Kanesville Heights Inc tax-deductible?
Kanesville Heights Inc is registered as a tax-exempt nonprofit (EIN: 421518804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kanesville Heights Inc located?
Kanesville Heights Inc is headquartered in Council Bluffs, Iowa and files with the IRS under EIN 421518804. It is classified under NTEE code L21.
How many years of IRS 990 filings does Kanesville Heights Inc have?
Kanesville Heights Inc has 13 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 $312K in total revenue.
Filing History
IRS 990 filing history for Kanesville Heights Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kanesville Heights Inc's revenue has declined by 29.3%, moving from $333K to $236K. Total assets decreased by 35% over the same period, from $2.0M to $1.3M. Total functional expenses fell by 26%, from $365K to $270K. In its most recent filing year (2024), Kanesville Heights Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $2.4M in liabilities against $1.3M in assets (debt-to-asset ratio: 184.5%), resulting in net assets of $-1,115,365.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $236K | $270K | $1.3M | $2.4M | — | — |
| 2023 | $225K | $313K | $1.3M | $2.4M | — | View 990 |
| 2022 | $217K | $294K | $1.4M | $2.4M | — | View 990 |
| 2021 | $213K | $284K | $1.5M | $2.4M | — | — |
| 2020 | $210K | $270K | $1.6M | $2.4M | — | View 990 |
| 2019 | $201K | $262K | $1.6M | $2.4M | — | View 990 |
| 2018 | $197K | $248K | $1.7M | $2.4M | — | — |
| 2017 | $193K | $248K | $1.7M | $2.4M | — | View 990 |
| 2016 | $173K | $243K | $1.8M | $2.4M | — | — |
| 2015 | $174K | $236K | $1.8M | $2.4M | — | View 990 |
| 2014 | $169K | $233K | $1.9M | $2.4M | — | View 990 |
| 2013 | $176K | $239K | $2.0M | $2.4M | — | View 990 |
| 2012 | $333K | $365K | $2.0M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $236K, expenses of $270K, and assets of $1.3M (revenue +4.9% year-over-year).
- 2023: Revenue of $225K, expenses of $313K, and assets of $1.3M (revenue +3.8% year-over-year).
- 2022: Revenue of $217K, expenses of $294K, and assets of $1.4M (revenue +1.8% year-over-year).
- 2021: Revenue of $213K, expenses of $284K, and assets of $1.5M (revenue +1.5% year-over-year).
- 2020: Revenue of $210K, expenses of $270K, and assets of $1.6M (revenue +4.5% year-over-year).
- 2019: Revenue of $201K, expenses of $262K, and assets of $1.6M (revenue +1.6% year-over-year).
- 2018: Revenue of $197K, expenses of $248K, and assets of $1.7M (revenue +2.3% year-over-year).
- 2017: Revenue of $193K, expenses of $248K, and assets of $1.7M (revenue +11.8% year-over-year).
- 2016: Revenue of $173K, expenses of $243K, and assets of $1.8M (revenue -0.9% year-over-year).
- 2015: Revenue of $174K, expenses of $236K, and assets of $1.8M (revenue +3.0% year-over-year).
- 2014: Revenue of $169K, expenses of $233K, and assets of $1.9M (revenue -3.9% year-over-year).
- 2013: Revenue of $176K, expenses of $239K, and assets of $2.0M (revenue -47.2% year-over-year).
- 2012: Revenue of $333K, expenses of $365K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kanesville Heights Inc:
Data Sources and Methodology
This transparency report for Kanesville Heights 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.