Nami Central Iowa
EIN: 421281536 · Ames, IA
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $395K |
| Net Assets | $242K |
Is Nami Central Iowa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nami Central Iowa
Nami Central Iowa (EIN: 421281536) is a nonprofit organization based in Ames, IA. The organization reported total revenue of $315K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nami Central Iowa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nami Central Iowa is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $395K |
| Surplus / Deficit | $-130,652 |
| Total Assets | $242K |
| Total Liabilities | $30 |
| Net Assets | $242K |
| Operating Margin | -49.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: B
In 2023, Nami Central Iowa reported a deficit of $131K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Nami Central Iowa's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | +24.4% | -38.3% |
| 2022 | -14.3% | +45.4% | -3.1% |
| 2021 | +66.3% | +1.5% | +39.1% |
| 2020 | -14.9% | +23.5% | +0.8% |
| 2019 | +31.0% | +16.9% | +38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nami Central Iowa 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 Nami Central Iowa 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 deficit of $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Nami Central Iowa
Is Nami Central Iowa a legitimate charity?
Nami Central Iowa (EIN: 421281536) is a registered tax-exempt nonprofit based in Iowa. It has 12 years of IRS 990 filings on record. Total revenue: $315K. No red flags identified. Financial health grade: B.
How does Nami Central Iowa spend its money?
Nami Central Iowa reported $315K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nami Central Iowa tax-deductible?
Nami Central Iowa is registered as a tax-exempt nonprofit (EIN: 421281536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nami Central Iowa located?
Nami Central Iowa is headquartered in Ames, Iowa and files with the IRS under EIN 421281536.
How many years of IRS 990 filings does Nami Central Iowa have?
Nami Central Iowa has 12 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 $315K in total revenue.
Filing History
IRS 990 filing history for Nami Central Iowa showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Nami Central Iowa's revenue has grown by 261.8%, moving from $73K to $264K. Total assets increased by 335.5% over the same period, from $56K to $242K. Total functional expenses rose by 504%, from $65K to $395K. In its most recent filing year (2023), Nami Central Iowa reported a deficit of $131K, with expenses exceeding revenue. The organization holds $30 in liabilities against $242K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $242K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $395K | $242K | $30 | — | — |
| 2022 | $297K | $317K | $392K | $16K | — | View 990 |
| 2021 | $347K | $218K | $405K | $3K | — | — |
| 2020 | $208K | $215K | $291K | $23K | — | View 990 |
| 2019 | $245K | $174K | $289K | $15K | — | View 990 |
| 2018 | $187K | $149K | $209K | $6K | — | — |
| 2017 | $145K | $111K | $160K | $2K | — | View 990 |
| 2016 | $129K | $103K | $117K | $0 | — | View 990 |
| 2015 | $87K | $65K | $91K | $0 | — | View 990 |
| 2014 | $74K | $74K | $69K | $0 | — | View 990 |
| 2013 | $88K | $75K | $69K | $0 | — | View 990 |
| 2012 | $73K | $65K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $395K, and assets of $242K (revenue -11.1% year-over-year).
- 2022: Revenue of $297K, expenses of $317K, and assets of $392K (revenue -14.3% year-over-year).
- 2021: Revenue of $347K, expenses of $218K, and assets of $405K (revenue +66.3% year-over-year).
- 2020: Revenue of $208K, expenses of $215K, and assets of $291K (revenue -14.9% year-over-year).
- 2019: Revenue of $245K, expenses of $174K, and assets of $289K (revenue +31.0% year-over-year).
- 2018: Revenue of $187K, expenses of $149K, and assets of $209K (revenue +28.7% year-over-year).
- 2017: Revenue of $145K, expenses of $111K, and assets of $160K (revenue +12.6% year-over-year).
- 2016: Revenue of $129K, expenses of $103K, and assets of $117K (revenue +48.4% year-over-year).
- 2015: Revenue of $87K, expenses of $65K, and assets of $91K (revenue +18.1% year-over-year).
- 2014: Revenue of $74K, expenses of $74K, and assets of $69K (revenue -16.6% year-over-year).
- 2013: Revenue of $88K, expenses of $75K, and assets of $69K (revenue +20.9% year-over-year).
- 2012: Revenue of $73K, expenses of $65K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nami Central Iowa:
Data Sources and Methodology
This transparency report for Nami Central Iowa 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.