Keystone Area Education Agency 1 Veba Trust
EIN: 472316289 · Elkader, IA · NTEE: Y44
| Metric | Value |
|---|---|
| Total Revenue | $27K |
| Total Expenses | $40K |
| Net Assets | $13K |
Is Keystone Area Education Agency 1 Veba Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Keystone Area Education Agency 1 Veba Trust
Keystone Area Education Agency 1 Veba Trust (EIN: 472316289) is a nonprofit organization based in Elkader, IA, classified under NTEE code Y44. The organization reported total revenue of $27K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keystone Area Education Agency 1 Veba Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keystone Area Education Agency 1 Veba Trust is a micro nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -16.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $40K |
| Surplus / Deficit | $-12,660 |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | -46.4% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2024, Keystone Area Education Agency 1 Veba Trust reported a deficit of $13K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2015–2024), Keystone Area Education Agency 1 Veba Trust's revenue has declined at a compound annual growth rate (CAGR) of -16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.4% | +23.2% | -90.9% |
| 2023 | +692.5% | -25.7% | -4.5% |
| 2022 | -88.7% | -16.2% | -21.8% |
| 2021 | -73.4% | -42.5% | -11.1% |
| 2020 | +2516.1% | -23.4% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Keystone Area Education Agency 1 Veba Trust 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 Keystone Area Education Agency 1 Veba Trust 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 $13K, with expenses exceeding revenue.
Frequently Asked Questions about Keystone Area Education Agency 1 Veba Trust
Is Keystone Area Education Agency 1 Veba Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Keystone Area Education Agency 1 Veba Trust (EIN: 472316289) insufficient data. 0 red flags identified, 0 strengths noted.
How does Keystone Area Education Agency 1 Veba Trust spend its money?
Detailed spending breakdown data is not yet available for Keystone Area Education Agency 1 Veba Trust. Check back for updated IRS 990 analysis.
Are donations to Keystone Area Education Agency 1 Veba Trust tax-deductible?
Keystone Area Education Agency 1 Veba Trust is registered as a tax-exempt nonprofit (EIN: 472316289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Keystone Area Education Agency 1 Veba Trust located?
Keystone Area Education Agency 1 Veba Trust is headquartered in Elkader, Iowa and files with the IRS under EIN 472316289. It is classified under NTEE code Y44.
How many years of IRS 990 filings does Keystone Area Education Agency 1 Veba Trust have?
Keystone Area Education Agency 1 Veba Trust has 10 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 $27K in total revenue.
Filing History
IRS 990 filing history for Keystone Area Education Agency 1 Veba Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Keystone Area Education Agency 1 Veba Trust's revenue has declined by 81%, moving from $143K to $27K. Total assets decreased by 94.1% over the same period, from $212K to $13K. Total functional expenses fell by 26.5%, from $54K to $40K. In its most recent filing year (2024), Keystone Area Education Agency 1 Veba Trust reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $27K | $40K | $13K | $0 | — | — |
| 2023 | $26K | $32K | $138K | $0 | — | — |
| 2022 | $3K | $44K | $145K | $0 | — | — |
| 2021 | $29K | $52K | $185K | $0 | — | — |
| 2020 | $109K | $91K | $208K | $0 | — | View 990 |
| 2019 | $4K | $118K | $190K | $0 | — | View 990 |
| 2018 | $143K | $140K | $304K | $0 | — | View 990 |
| 2017 | $138K | $157K | $301K | $0 | — | View 990 |
| 2016 | $205K | $98K | $319K | $0 | — | View 990 |
| 2015 | $143K | $54K | $212K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $27K, expenses of $40K, and assets of $13K (revenue +5.4% year-over-year).
- 2023: Revenue of $26K, expenses of $32K, and assets of $138K (revenue +692.5% year-over-year).
- 2022: Revenue of $3K, expenses of $44K, and assets of $145K (revenue -88.7% year-over-year).
- 2021: Revenue of $29K, expenses of $52K, and assets of $185K (revenue -73.4% year-over-year).
- 2020: Revenue of $109K, expenses of $91K, and assets of $208K (revenue +2516.1% year-over-year).
- 2019: Revenue of $4K, expenses of $118K, and assets of $190K (revenue -97.1% year-over-year).
- 2018: Revenue of $143K, expenses of $140K, and assets of $304K (revenue +3.8% year-over-year).
- 2017: Revenue of $138K, expenses of $157K, and assets of $301K (revenue -32.6% year-over-year).
- 2016: Revenue of $205K, expenses of $98K, and assets of $319K (revenue +43.0% year-over-year).
- 2015: Revenue of $143K, expenses of $54K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keystone Area Education Agency 1 Veba Trust:
Data Sources and Methodology
This transparency report for Keystone Area Education Agency 1 Veba Trust 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.