Panhandle Union Veba To Provide For Retiree Life Insurance And Other
EIN: 306090485 · Des Moines, IA · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $37K |
| Net Assets | $172K |
Is Panhandle Union Veba To Provide For Retiree Life Insurance And Other Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Panhandle Union Veba To Provide For Retiree Life Insurance And Other
Panhandle Union Veba To Provide For Retiree Life Insurance And Other (EIN: 306090485) is a nonprofit organization based in Des Moines, IA, classified under NTEE code Y43. The organization reported total revenue of $25K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Panhandle Union Veba To Provide For Retiree Life Insurance And Other's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Panhandle Union Veba To Provide For Retiree Life Insurance And Other is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 62.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $37K |
| Surplus / Deficit | $-18,542 |
| Total Assets | $172K |
| Net Assets | $172K |
| Operating Margin | -101.2% |
| Months of Reserves | 55.9 months |
Financial Health Grade: B
In 2023, Panhandle Union Veba To Provide For Retiree Life Insurance And Other reported a deficit of $19K with expenses exceeding revenue, holds 55.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Panhandle Union Veba To Provide For Retiree Life Insurance And Other's revenue has grown at a compound annual growth rate (CAGR) of 62.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | -39.4% | -9.3% |
| 2022 | +48.5% | +6.6% | -18.4% |
| 2021 | -25.2% | -2.8% | -16.0% |
| 2020 | +16.5% | +5.1% | -13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Panhandle Union Veba To Provide For Retiree Life Insurance And Other 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 Panhandle Union Veba To Provide For Retiree Life Insurance And Other 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 $19K, with expenses exceeding revenue.
Frequently Asked Questions about Panhandle Union Veba To Provide For Retiree Life Insurance And Other
Is Panhandle Union Veba To Provide For Retiree Life Insurance And Other a legitimate charity?
Panhandle Union Veba To Provide For Retiree Life Insurance And Other (EIN: 306090485) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $25K. No red flags identified. Financial health grade: B.
How does Panhandle Union Veba To Provide For Retiree Life Insurance And Other spend its money?
Panhandle Union Veba To Provide For Retiree Life Insurance And Other reported $25K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Panhandle Union Veba To Provide For Retiree Life Insurance And Other tax-deductible?
Panhandle Union Veba To Provide For Retiree Life Insurance And Other is registered as a tax-exempt nonprofit (EIN: 306090485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Panhandle Union Veba To Provide For Retiree Life Insurance And Other located?
Panhandle Union Veba To Provide For Retiree Life Insurance And Other is headquartered in Des Moines, Iowa and files with the IRS under EIN 306090485. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Panhandle Union Veba To Provide For Retiree Life Insurance And Other have?
Panhandle Union Veba To Provide For Retiree Life Insurance And Other 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 $25K in total revenue.
Filing History
IRS 990 filing history for Panhandle Union Veba To Provide For Retiree Life Insurance And Other showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Panhandle Union Veba To Provide For Retiree Life Insurance And Other's revenue has grown by 33203.6%, moving from $55 to $18K. Total assets decreased by 73.4% over the same period, from $646K to $172K. Total functional expenses rose by 56.3%, from $24K to $37K. In its most recent filing year (2023), Panhandle Union Veba To Provide For Retiree Life Insurance And Other reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $37K | $172K | $0 | — | — |
| 2022 | $19K | $61K | $189K | $0 | — | — |
| 2021 | $13K | $57K | $232K | $0 | — | — |
| 2020 | $17K | $59K | $276K | $0 | — | View 990 |
| 2019 | $15K | $56K | $317K | $0 | — | View 990 |
| 2018 | $-57,981 | $58K | $358K | $0 | — | View 990 |
| 2017 | $74K | $94K | $400K | $0 | — | View 990 |
| 2016 | $14K | $44K | $494K | $0 | — | View 990 |
| 2015 | $74 | $63K | $524K | $0 | — | View 990 |
| 2014 | $67 | $29K | $587K | $0 | — | View 990 |
| 2013 | $76 | $15K | $616K | $0 | — | View 990 |
| 2012 | $32 | $14K | $631K | $0 | — | View 990 |
| 2011 | $55 | $24K | $646K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $37K, and assets of $172K (revenue -5.1% year-over-year).
- 2022: Revenue of $19K, expenses of $61K, and assets of $189K (revenue +48.5% year-over-year).
- 2021: Revenue of $13K, expenses of $57K, and assets of $232K (revenue -25.2% year-over-year).
- 2020: Revenue of $17K, expenses of $59K, and assets of $276K (revenue +16.5% year-over-year).
- 2019: Revenue of $15K, expenses of $56K, and assets of $317K.
- 2018: Revenue of $-57,981, expenses of $58K, and assets of $358K (revenue -178.6% year-over-year).
- 2017: Revenue of $74K, expenses of $94K, and assets of $400K (revenue +410.9% year-over-year).
- 2016: Revenue of $14K, expenses of $44K, and assets of $494K (revenue +19410.8% year-over-year).
- 2015: Revenue of $74, expenses of $63K, and assets of $524K (revenue +10.4% year-over-year).
- 2014: Revenue of $67, expenses of $29K, and assets of $587K (revenue -11.8% year-over-year).
- 2013: Revenue of $76, expenses of $15K, and assets of $616K (revenue +137.5% year-over-year).
- 2012: Revenue of $32, expenses of $14K, and assets of $631K (revenue -41.8% year-over-year).
- 2011: Revenue of $55, expenses of $24K, and assets of $646K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Panhandle Union Veba To Provide For Retiree Life Insurance And Other:
Data Sources and Methodology
This transparency report for Panhandle Union Veba To Provide For Retiree Life Insurance And Other 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.