Polk County Bar Association
EIN: 426089297 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Revenue | $245K |
| Total Expenses | $246K |
| Net Assets | $285K |
Is Polk County Bar Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Polk County Bar Association
Polk County Bar Association (EIN: 426089297) is a nonprofit organization based in Des Moines, IA. The organization reported total revenue of $245K and total assets of $276K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polk County Bar Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Polk County Bar Association is a small nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $246K |
| Surplus / Deficit | $-43,671 |
| Total Assets | $285K |
| Net Assets | $285K |
| Operating Margin | -21.6% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2023, Polk County Bar Association reported a deficit of $44K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Polk County Bar Association's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | +17.8% | -13.3% |
| 2022 | +10.4% | -18.0% | +7.4% |
| 2021 | -40.8% | -12.8% | -12.7% |
| 2020 | +7.0% | -28.6% | +21.6% |
| 2019 | -27.6% | -3.9% | -21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Polk County Bar 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 Polk County Bar 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 deficit of $44K, with expenses exceeding revenue.
Frequently Asked Questions about Polk County Bar Association
Is Polk County Bar Association a legitimate charity?
Polk County Bar Association (EIN: 426089297) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $245K. No red flags identified. Financial health grade: B.
How does Polk County Bar Association spend its money?
Polk County Bar Association reported $245K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Polk County Bar Association tax-deductible?
Polk County Bar Association is registered as a tax-exempt nonprofit (EIN: 426089297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Polk County Bar Association located?
Polk County Bar Association is headquartered in Des Moines, Iowa and files with the IRS under EIN 426089297.
How many years of IRS 990 filings does Polk County Bar Association have?
Polk County Bar Association has 14 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 $245K in total revenue.
Filing History
IRS 990 filing history for Polk County Bar Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Polk County Bar Association's revenue has declined by 26.8%, moving from $276K to $202K. Total assets increased by 116.9% over the same period, from $132K to $285K. Total functional expenses fell by 19.9%, from $307K to $246K. In its most recent filing year (2023), Polk County Bar Association reported a deficit of $44K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $246K | $285K | $0 | — | — |
| 2022 | $232K | $209K | $329K | $0 | — | View 990 |
| 2021 | $210K | $255K | $306K | $0 | — | View 990 |
| 2020 | $354K | $292K | $351K | $0 | — | — |
| 2019 | $331K | $409K | $288K | $0 | — | View 990 |
| 2018 | $457K | $426K | $366K | $0 | — | View 990 |
| 2017 | $492K | $449K | $335K | $335K | — | View 990 |
| 2016 | $496K | $421K | $292K | $0 | — | View 990 |
| 2015 | $393K | $377K | $217K | $0 | — | View 990 |
| 2014 | $417K | $424K | $201K | $0 | — | View 990 |
| 2013 | $423K | $355K | $208K | $0 | — | View 990 |
| 2012 | $370K | $403K | $140K | $0 | — | View 990 |
| 2011 | $356K | $315K | $173K | $0 | — | View 990 |
| 2010 | $276K | $307K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $246K, and assets of $285K (revenue -12.7% year-over-year).
- 2022: Revenue of $232K, expenses of $209K, and assets of $329K (revenue +10.4% year-over-year).
- 2021: Revenue of $210K, expenses of $255K, and assets of $306K (revenue -40.8% year-over-year).
- 2020: Revenue of $354K, expenses of $292K, and assets of $351K (revenue +7.0% year-over-year).
- 2019: Revenue of $331K, expenses of $409K, and assets of $288K (revenue -27.6% year-over-year).
- 2018: Revenue of $457K, expenses of $426K, and assets of $366K (revenue -7.0% year-over-year).
- 2017: Revenue of $492K, expenses of $449K, and assets of $335K (revenue -0.9% year-over-year).
- 2016: Revenue of $496K, expenses of $421K, and assets of $292K (revenue +26.5% year-over-year).
- 2015: Revenue of $393K, expenses of $377K, and assets of $217K (revenue -5.9% year-over-year).
- 2014: Revenue of $417K, expenses of $424K, and assets of $201K (revenue -1.4% year-over-year).
- 2013: Revenue of $423K, expenses of $355K, and assets of $208K (revenue +14.5% year-over-year).
- 2012: Revenue of $370K, expenses of $403K, and assets of $140K (revenue +3.9% year-over-year).
- 2011: Revenue of $356K, expenses of $315K, and assets of $173K (revenue +28.8% year-over-year).
- 2010: Revenue of $276K, expenses of $307K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Polk County Bar Association:
Data Sources and Methodology
This transparency report for Polk County Bar 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.