St Olaf Lutheran Church Foundation Of Fort Dodge Iowa
EIN: 420969823 · Fort Dodge, IA · NTEE: X111
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $588K |
| Net Assets | $2.4M |
Is St Olaf Lutheran Church Foundation Of Fort Dodge Iowa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About St Olaf Lutheran Church Foundation Of Fort Dodge Iowa
St Olaf Lutheran Church Foundation Of Fort Dodge Iowa (EIN: 420969823) is a nonprofit organization based in Fort Dodge, IA, classified under NTEE code X111. The organization reported total revenue of $259K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Olaf Lutheran Church Foundation Of Fort Dodge Iowa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Olaf Lutheran Church Foundation Of Fort Dodge Iowa is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $588K |
| Surplus / Deficit | $-442,130 |
| Total Assets | $2.5M |
| Total Liabilities | $100K |
| Net Assets | $2.4M |
| Operating Margin | -302.7% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 50.1 months |
Financial Health Grade: B
In 2023, St Olaf Lutheran Church Foundation Of Fort Dodge Iowa reported a deficit of $442K with expenses exceeding revenue, holds 50.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), St Olaf Lutheran Church Foundation Of Fort Dodge Iowa's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.2% | +5.7% | -5.0% |
| 2022 | -29.9% | +383.0% | -11.8% |
| 2021 | +79.1% | -13.5% | +6.0% |
| 2020 | +118.3% | -39.4% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for St Olaf Lutheran Church Foundation Of Fort Dodge 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 St Olaf Lutheran Church Foundation Of Fort Dodge 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 $442K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about St Olaf Lutheran Church Foundation Of Fort Dodge Iowa
Is St Olaf Lutheran Church Foundation Of Fort Dodge Iowa a legitimate charity?
Based on AI analysis of IRS 990 filings, St Olaf Lutheran Church Foundation Of Fort Dodge Iowa (EIN: 420969823) insufficient data. 0 red flags identified, 0 strengths noted.
How does St Olaf Lutheran Church Foundation Of Fort Dodge Iowa spend its money?
Detailed spending breakdown data is not yet available for St Olaf Lutheran Church Foundation Of Fort Dodge Iowa. Check back for updated IRS 990 analysis.
Are donations to St Olaf Lutheran Church Foundation Of Fort Dodge Iowa tax-deductible?
St Olaf Lutheran Church Foundation Of Fort Dodge Iowa is registered as a tax-exempt nonprofit (EIN: 420969823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is St Olaf Lutheran Church Foundation Of Fort Dodge Iowa located?
St Olaf Lutheran Church Foundation Of Fort Dodge Iowa is headquartered in Fort Dodge, Iowa and files with the IRS under EIN 420969823. It is classified under NTEE code X111.
How many years of IRS 990 filings does St Olaf Lutheran Church Foundation Of Fort Dodge Iowa have?
St Olaf Lutheran Church Foundation Of Fort Dodge Iowa 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 $259K in total revenue.
Filing History
IRS 990 filing history for St Olaf Lutheran Church Foundation Of Fort Dodge Iowa showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Olaf Lutheran Church Foundation Of Fort Dodge Iowa's revenue has grown by 19.2%, moving from $122K to $146K. Total assets decreased by 5.9% over the same period, from $2.6M to $2.5M. Total functional expenses rose by 293.5%, from $149K to $588K. In its most recent filing year (2023), St Olaf Lutheran Church Foundation Of Fort Dodge Iowa reported a deficit of $442K, with expenses exceeding revenue. The organization holds $100K in liabilities against $2.5M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $588K | $2.5M | $100K | — | View 990 |
| 2022 | $209K | $557K | $2.6M | $0 | — | View 990 |
| 2021 | $299K | $115K | $2.9M | $0 | — | View 990 |
| 2020 | $167K | $133K | $2.8M | $17K | — | — |
| 2019 | $76K | $220K | $2.5M | $0 | — | View 990 |
| 2018 | $-39,207 | $124K | $2.4M | $120 | — | View 990 |
| 2017 | $320K | $146K | $2.9M | $120 | — | View 990 |
| 2016 | $334K | $450K | $2.8M | $120 | — | View 990 |
| 2015 | $17K | $154K | $2.9M | $120 | — | View 990 |
| 2014 | $170K | $165K | $3.0M | $120 | — | View 990 |
| 2013 | $437K | $158K | $3.0M | $120 | — | View 990 |
| 2012 | $268K | $138K | $2.7M | $121 | — | View 990 |
| 2011 | $122K | $149K | $2.6M | $120 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $588K, and assets of $2.5M (revenue -30.2% year-over-year).
- 2022: Revenue of $209K, expenses of $557K, and assets of $2.6M (revenue -29.9% year-over-year).
- 2021: Revenue of $299K, expenses of $115K, and assets of $2.9M (revenue +79.1% year-over-year).
- 2020: Revenue of $167K, expenses of $133K, and assets of $2.8M (revenue +118.3% year-over-year).
- 2019: Revenue of $76K, expenses of $220K, and assets of $2.5M.
- 2018: Revenue of $-39,207, expenses of $124K, and assets of $2.4M (revenue -112.2% year-over-year).
- 2017: Revenue of $320K, expenses of $146K, and assets of $2.9M (revenue -4.3% year-over-year).
- 2016: Revenue of $334K, expenses of $450K, and assets of $2.8M (revenue +1862.3% year-over-year).
- 2015: Revenue of $17K, expenses of $154K, and assets of $2.9M (revenue -90.0% year-over-year).
- 2014: Revenue of $170K, expenses of $165K, and assets of $3.0M (revenue -61.2% year-over-year).
- 2013: Revenue of $437K, expenses of $158K, and assets of $3.0M (revenue +63.4% year-over-year).
- 2012: Revenue of $268K, expenses of $138K, and assets of $2.7M (revenue +118.6% year-over-year).
- 2011: Revenue of $122K, expenses of $149K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Olaf Lutheran Church Foundation Of Fort Dodge Iowa:
Data Sources and Methodology
This transparency report for St Olaf Lutheran Church Foundation Of Fort Dodge 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.