Mid Iowa School Improvement Consortium
Mid Iowa School Improvement Consortium faces declining revenue and recurring operating deficits, though maintains zero liabilities and officer compensation.
EIN: 201302076 · Ames, IA · NTEE: B02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $151K |
| Program Spending | 80% |
| Net Assets | $136K |
| Transparency Score | 65/100 |
Is Mid Iowa School Improvement Consortium Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mid Iowa School Improvement Consortium directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mid Iowa School Improvement Consortium
Mid Iowa School Improvement Consortium (EIN: 201302076) is a nonprofit organization based in Ames, IA, classified under NTEE code B02. The organization reported total revenue of $123K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Iowa School Improvement Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Iowa School Improvement Consortium is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $151K |
| Surplus / Deficit | $-6,371 |
| Total Assets | $136K |
| Net Assets | $136K |
| Operating Margin | -4.4% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2024, Mid Iowa School Improvement Consortium reported a deficit of $6K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Mid Iowa School Improvement Consortium's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.5% | -8.9% | -4.5% |
| 2023 | -38.4% | -11.4% | -1.6% |
| 2022 | +59.5% | -7.1% | +117.1% |
| 2021 | -20.1% | +2.3% | -34.7% |
| 2020 | -4.1% | -31.8% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mid Iowa School Improvement Consortium with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mid Iowa School Improvement Consortium allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size and suggests a volunteer-led or extremely lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mid Iowa School Improvement Consortium's IRS 990 filings:
- Consistent decline in revenue over the past decade (from $401,981 in 2015 to $144,408 in 2024).
- Recurring operating deficits in most recent years (e.g., 2024, 2023, 2021, 2019, 2018, 2017, 2016, 2015).
- Significant decrease in total assets over time (from $412,812 in 2015 to $135,605 in 2024).
Strengths
The following positive indicators were identified for Mid Iowa School Improvement Consortium:
- Zero reported liabilities across all 13 filings, indicating strong debt management.
- Zero reported officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
- Consistent filing history demonstrates transparency and compliance with IRS requirements.
Frequently Asked Questions about Mid Iowa School Improvement Consortium
Is Mid Iowa School Improvement Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid Iowa School Improvement Consortium (EIN: 201302076) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Mid Iowa School Improvement Consortium spend its money?
Mid Iowa School Improvement Consortium directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mid Iowa School Improvement Consortium tax-deductible?
Mid Iowa School Improvement Consortium is registered as a tax-exempt nonprofit (EIN: 201302076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mid Iowa School Improvement Consortium's spending goes to programs?
Mid Iowa School Improvement Consortium directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mid Iowa School Improvement Consortium compare to similar nonprofits?
With a transparency score of 65/100 (Good), Mid Iowa School Improvement Consortium is above average for NTEE category B02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mid Iowa School Improvement Consortium located?
Mid Iowa School Improvement Consortium is headquartered in Ames, Iowa and files with the IRS under EIN 201302076. It is classified under NTEE code B02.
How many years of IRS 990 filings does Mid Iowa School Improvement Consortium have?
Mid Iowa School Improvement Consortium 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 $123K in total revenue.
Is Mid Iowa School Improvement Consortium financially sustainable given its declining revenue and recurring deficits?
The organization has experienced a significant decline in revenue from $401,981 in 2015 to $144,408 in 2024, alongside recurring operating deficits (e.g., $6,371 in 2024, $2,357 in 2023). While it has no liabilities, this trend raises concerns about its long-term financial sustainability without new revenue strategies or expense reductions.
How does the lack of officer compensation impact the organization's operations?
The consistent reporting of 0% officer compensation suggests that leadership roles are either entirely volunteer-based or compensated through other means not reported as officer compensation. This can be a strength in terms of minimizing administrative overhead but might also indicate challenges in attracting and retaining professional leadership.
What caused the significant decrease in assets from $412,812 in 2015 to $135,605 in 2024?
The decline in assets is likely a direct consequence of the recurring operating deficits, where expenses have frequently exceeded revenue. For example, in 2016, expenses ($474,027) significantly outpaced revenue ($391,432), contributing to asset depletion.
Filing History
IRS 990 filing history for Mid Iowa School Improvement Consortium showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Mid Iowa School Improvement Consortium's revenue has declined by 73.9%, moving from $552K to $144K. Total assets decreased by 75.5% over the same period, from $553K to $136K. Total functional expenses fell by 71.4%, from $527K to $151K. In its most recent filing year (2024), Mid Iowa School Improvement Consortium reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $144K | $151K | $136K | $0 | — | — |
| 2023 | $163K | $166K | $142K | $0 | — | View 990 |
| 2022 | $265K | $187K | $144K | $0 | — | View 990 |
| 2021 | $166K | $201K | $66K | $0 | — | — |
| 2020 | $208K | $197K | $102K | $0 | — | View 990 |
| 2019 | $217K | $289K | $91K | $0 | — | View 990 |
| 2018 | $263K | $384K | $163K | $0 | — | View 990 |
| 2017 | $377K | $424K | $283K | $0 | — | View 990 |
| 2016 | $391K | $474K | $330K | $0 | — | View 990 |
| 2015 | $402K | $468K | $413K | $0 | — | View 990 |
| 2014 | $417K | $482K | $478K | $0 | — | — |
| 2013 | $475K | $485K | $544K | $0 | — | — |
| 2012 | $552K | $527K | $553K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $144K, expenses of $151K, and assets of $136K (revenue -11.5% year-over-year).
- 2023: Revenue of $163K, expenses of $166K, and assets of $142K (revenue -38.4% year-over-year).
- 2022: Revenue of $265K, expenses of $187K, and assets of $144K (revenue +59.5% year-over-year).
- 2021: Revenue of $166K, expenses of $201K, and assets of $66K (revenue -20.1% year-over-year).
- 2020: Revenue of $208K, expenses of $197K, and assets of $102K (revenue -4.1% year-over-year).
- 2019: Revenue of $217K, expenses of $289K, and assets of $91K (revenue -17.8% year-over-year).
- 2018: Revenue of $263K, expenses of $384K, and assets of $163K (revenue -30.1% year-over-year).
- 2017: Revenue of $377K, expenses of $424K, and assets of $283K (revenue -3.7% year-over-year).
- 2016: Revenue of $391K, expenses of $474K, and assets of $330K (revenue -2.6% year-over-year).
- 2015: Revenue of $402K, expenses of $468K, and assets of $413K (revenue -3.5% year-over-year).
- 2014: Revenue of $417K, expenses of $482K, and assets of $478K (revenue -12.3% year-over-year).
- 2013: Revenue of $475K, expenses of $485K, and assets of $544K (revenue -14.0% year-over-year).
- 2012: Revenue of $552K, expenses of $527K, and assets of $553K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Iowa School Improvement Consortium:
Data Sources and Methodology
This transparency report for Mid Iowa School Improvement Consortium 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.