Marion Independent School Foundation And Alumni Association
EIN: 421343360 · Marion, IA
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $524K |
| Net Assets | $5.9M |
Is Marion Independent School Foundation And Alumni Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marion Independent School Foundation And Alumni Association
Marion Independent School Foundation And Alumni Association (EIN: 421343360) is a nonprofit organization based in Marion, IA. The organization reported total revenue of $1.3M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marion Independent School Foundation And Alumni Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marion Independent School Foundation And Alumni Association is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 39.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $524K |
| Surplus / Deficit | +$4.2M |
| Total Assets | $5.9M |
| Net Assets | $5.9M |
| Operating Margin | 88.8% |
| Months of Reserves | 135.1 months |
Financial Health Grade: A
In 2023, Marion Independent School Foundation And Alumni Association reported a surplus of $4.2M with revenue exceeding expenses, holds 135.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2023), Marion Independent School Foundation And Alumni Association's revenue has grown at a compound annual growth rate (CAGR) of 39.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2330.5% | +15.5% | +240.7% |
| 2022 | -58.8% | +51.6% | -18.5% |
| 2021 | +8.6% | +52.3% | +8.7% |
| 2020 | -14.7% | -38.5% | +13.7% |
| 2019 | +260.7% | +51.5% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marion Independent School Foundation And Alumni 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 Marion Independent School Foundation And Alumni 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 $4.2M, with revenue exceeding expenses.
Frequently Asked Questions about Marion Independent School Foundation And Alumni Association
Is Marion Independent School Foundation And Alumni Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Marion Independent School Foundation And Alumni Association (EIN: 421343360) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marion Independent School Foundation And Alumni Association spend its money?
Detailed spending breakdown data is not yet available for Marion Independent School Foundation And Alumni Association. Check back for updated IRS 990 analysis.
Are donations to Marion Independent School Foundation And Alumni Association tax-deductible?
Marion Independent School Foundation And Alumni Association is registered as a tax-exempt nonprofit (EIN: 421343360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marion Independent School Foundation And Alumni Association located?
Marion Independent School Foundation And Alumni Association is headquartered in Marion, Iowa and files with the IRS under EIN 421343360.
How many years of IRS 990 filings does Marion Independent School Foundation And Alumni Association have?
Marion Independent School Foundation And Alumni Association 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Marion Independent School Foundation And Alumni Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Marion Independent School Foundation And Alumni Association's revenue has grown by 3927.7%, moving from $117K to $4.7M. Total assets increased by 594.4% over the same period, from $850K to $5.9M. Total functional expenses rose by 422.8%, from $100K to $524K. In its most recent filing year (2023), Marion Independent School Foundation And Alumni Association reported a surplus of $4.2M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $524K | $5.9M | $0 | — | — |
| 2022 | $193K | $454K | $1.7M | $0 | — | View 990 |
| 2021 | $469K | $300K | $2.1M | $0 | — | View 990 |
| 2020 | $432K | $197K | $2.0M | $0 | — | View 990 |
| 2019 | $506K | $320K | $1.7M | $-511 | — | View 990 |
| 2018 | $140K | $211K | $1.5M | $2K | — | View 990 |
| 2017 | $192K | $125K | $1.6M | $0 | — | View 990 |
| 2017 | $268K | $141K | $1.5M | $3K | — | View 990 |
| 2016 | $281K | $101K | $1.4M | $25K | — | View 990 |
| 2015 | $146K | $116K | $1.2M | $27K | — | View 990 |
| 2014 | $128K | $118K | $1.3M | $31K | — | View 990 |
| 2013 | $409K | $102K | $1.2M | $36K | — | View 990 |
| 2012 | $117K | $100K | $850K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $524K, and assets of $5.9M (revenue +2330.5% year-over-year).
- 2022: Revenue of $193K, expenses of $454K, and assets of $1.7M (revenue -58.8% year-over-year).
- 2021: Revenue of $469K, expenses of $300K, and assets of $2.1M (revenue +8.6% year-over-year).
- 2020: Revenue of $432K, expenses of $197K, and assets of $2.0M (revenue -14.7% year-over-year).
- 2019: Revenue of $506K, expenses of $320K, and assets of $1.7M (revenue +260.7% year-over-year).
- 2018: Revenue of $140K, expenses of $211K, and assets of $1.5M (revenue -26.9% year-over-year).
- 2017: Revenue of $192K, expenses of $125K, and assets of $1.6M (revenue -28.3% year-over-year).
- 2017: Revenue of $268K, expenses of $141K, and assets of $1.5M (revenue -4.7% year-over-year).
- 2016: Revenue of $281K, expenses of $101K, and assets of $1.4M (revenue +93.2% year-over-year).
- 2015: Revenue of $146K, expenses of $116K, and assets of $1.2M (revenue +13.5% year-over-year).
- 2014: Revenue of $128K, expenses of $118K, and assets of $1.3M (revenue -68.6% year-over-year).
- 2013: Revenue of $409K, expenses of $102K, and assets of $1.2M (revenue +250.7% year-over-year).
- 2012: Revenue of $117K, expenses of $100K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marion Independent School Foundation And Alumni Association:
Data Sources and Methodology
This transparency report for Marion Independent School Foundation And Alumni 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.