Quad City Plus 60 Friendship Club
EIN: 421045205 · Davenport, IA
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $198K |
| Net Assets | $177K |
Is Quad City Plus 60 Friendship Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Quad City Plus 60 Friendship Club
Quad City Plus 60 Friendship Club (EIN: 421045205) is a nonprofit organization based in Davenport, IA. The organization reported total revenue of $217K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quad City Plus 60 Friendship Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quad City Plus 60 Friendship Club is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $198K |
| Surplus / Deficit | +$2K |
| Total Assets | $194K |
| Total Liabilities | $17K |
| Net Assets | $177K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2023, Quad City Plus 60 Friendship Club reported a surplus of $2K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Quad City Plus 60 Friendship Club's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.8% | +31.8% | +16.0% |
| 2022 | +9.6% | +24.1% | -27.5% |
| 2021 | +200.1% | +101.5% | +10.5% |
| 2020 | -60.3% | -44.8% | +2.4% |
| 2019 | -5.3% | +14.9% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Quad City Plus 60 Friendship Club 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 Quad City Plus 60 Friendship Club 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Frequently Asked Questions about Quad City Plus 60 Friendship Club
Is Quad City Plus 60 Friendship Club a legitimate charity?
Quad City Plus 60 Friendship Club (EIN: 421045205) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $217K. No red flags identified. Financial health grade: A.
How does Quad City Plus 60 Friendship Club spend its money?
Quad City Plus 60 Friendship Club reported $217K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Quad City Plus 60 Friendship Club tax-deductible?
Quad City Plus 60 Friendship Club is registered as a tax-exempt nonprofit (EIN: 421045205). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Quad City Plus 60 Friendship Club located?
Quad City Plus 60 Friendship Club is headquartered in Davenport, Iowa and files with the IRS under EIN 421045205.
How many years of IRS 990 filings does Quad City Plus 60 Friendship Club have?
Quad City Plus 60 Friendship Club 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 $217K in total revenue.
Filing History
IRS 990 filing history for Quad City Plus 60 Friendship Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Quad City Plus 60 Friendship Club's revenue has grown by 91.9%, moving from $104K to $199K. Total assets increased by 55.3% over the same period, from $125K to $194K. Total functional expenses rose by 80.7%, from $109K to $198K. In its most recent filing year (2023), Quad City Plus 60 Friendship Club reported a surplus of $2K, with revenue exceeding expenses. The organization holds $17K in liabilities against $194K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $198K | $194K | $17K | — | — |
| 2022 | $138K | $150K | $167K | $19K | — | — |
| 2021 | $126K | $121K | $231K | $18K | — | — |
| 2020 | $42K | $60K | $209K | $16K | — | View 990 |
| 2019 | $106K | $109K | $204K | $20K | — | View 990 |
| 2018 | $111K | $95K | $182K | $182K | — | View 990 |
| 2017 | $128K | $106K | $189K | $25K | — | View 990 |
| 2016 | $84K | $75K | $167K | $167K | — | View 990 |
| 2015 | $104K | $93K | $163K | $0 | — | View 990 |
| 2014 | $112K | $104K | $149K | $149K | — | View 990 |
| 2013 | $115K | $101K | $140K | $0 | — | View 990 |
| 2012 | $113K | $105K | $132K | $33K | — | View 990 |
| 2011 | $104K | $109K | $125K | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $198K, and assets of $194K (revenue +44.8% year-over-year).
- 2022: Revenue of $138K, expenses of $150K, and assets of $167K (revenue +9.6% year-over-year).
- 2021: Revenue of $126K, expenses of $121K, and assets of $231K (revenue +200.1% year-over-year).
- 2020: Revenue of $42K, expenses of $60K, and assets of $209K (revenue -60.3% year-over-year).
- 2019: Revenue of $106K, expenses of $109K, and assets of $204K (revenue -5.3% year-over-year).
- 2018: Revenue of $111K, expenses of $95K, and assets of $182K (revenue -13.2% year-over-year).
- 2017: Revenue of $128K, expenses of $106K, and assets of $189K (revenue +52.3% year-over-year).
- 2016: Revenue of $84K, expenses of $75K, and assets of $167K (revenue -18.6% year-over-year).
- 2015: Revenue of $104K, expenses of $93K, and assets of $163K (revenue -7.5% year-over-year).
- 2014: Revenue of $112K, expenses of $104K, and assets of $149K (revenue -2.5% year-over-year).
- 2013: Revenue of $115K, expenses of $101K, and assets of $140K (revenue +1.4% year-over-year).
- 2012: Revenue of $113K, expenses of $105K, and assets of $132K (revenue +9.2% year-over-year).
- 2011: Revenue of $104K, expenses of $109K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quad City Plus 60 Friendship Club:
Data Sources and Methodology
This transparency report for Quad City Plus 60 Friendship Club 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.