Story County Community Land Trust
EIN: 421472716 · Ames, IA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $121K |
| Net Assets | $454K |
Is Story County Community Land Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Story County Community Land Trust
Story County Community Land Trust (EIN: 421472716) is a nonprofit organization based in Ames, IA, classified under NTEE code L20. The organization reported total revenue of $117K and total assets of $756K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Story County Community Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Story County Community Land Trust is a small nonprofit that has been operating for 27 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $121K |
| Surplus / Deficit | $-4,509 |
| Total Assets | $756K |
| Total Liabilities | $302K |
| Net Assets | $454K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 40.0% |
| Months of Reserves | 74.8 months |
Financial Health Grade: B
In 2021, Story County Community Land Trust reported a deficit of $5K with expenses exceeding revenue, holds 74.8 months of operating reserves (strong position), has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Story County Community Land Trust's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -61.6% | +12.7% | -2.6% |
| 2020 | +180.1% | -4.9% | -3.1% |
| 2019 | +6.9% | +10.4% | -2.3% |
| 2018 | -55.3% | -50.6% | -2.1% |
| 2017 | +112.8% | +89.0% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Story County Community Land Trust 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 Story County Community Land Trust 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 40.0%.
Frequently Asked Questions about Story County Community Land Trust
Is Story County Community Land Trust a legitimate charity?
Story County Community Land Trust (EIN: 421472716) is a registered tax-exempt nonprofit based in Iowa. It has 11 years of IRS 990 filings on record. Total revenue: $117K. No red flags identified. Financial health grade: B.
How does Story County Community Land Trust spend its money?
Story County Community Land Trust reported $117K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Story County Community Land Trust tax-deductible?
Story County Community Land Trust is registered as a tax-exempt nonprofit (EIN: 421472716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Story County Community Land Trust located?
Story County Community Land Trust is headquartered in Ames, Iowa and files with the IRS under EIN 421472716. It is classified under NTEE code L20.
How many years of IRS 990 filings does Story County Community Land Trust have?
Story County Community Land Trust has 11 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 $117K in total revenue.
Filing History
IRS 990 filing history for Story County Community Land Trust showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Story County Community Land Trust's revenue has declined by 22.7%, moving from $151K to $117K. Total assets decreased by 30.3% over the same period, from $1.1M to $756K. Total functional expenses rose by 38.5%, from $88K to $121K. In its most recent filing year (2021), Story County Community Land Trust reported a deficit of $5K, with expenses exceeding revenue. The organization holds $302K in liabilities against $756K in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $454K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $117K | $121K | $756K | $302K | — | — |
| 2020 | $304K | $108K | $777K | $318K | — | — |
| 2019 | $108K | $113K | $801K | $539K | — | View 990 |
| 2018 | $101K | $103K | $820K | $553K | — | View 990 |
| 2017 | $227K | $208K | $838K | $569K | — | — |
| 2016 | $107K | $110K | $989K | $502K | — | View 990 |
| 2015 | $102K | $104K | $1.0M | $515K | — | View 990 |
| 2014 | $54K | $112K | $1.1M | $604K | — | View 990 |
| 2013 | $386 | $82K | $964K | $415K | — | View 990 |
| 2012 | $85K | $97K | $1.1M | $436K | — | View 990 |
| 2011 | $151K | $88K | $1.1M | $442K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $117K, expenses of $121K, and assets of $756K (revenue -61.6% year-over-year).
- 2020: Revenue of $304K, expenses of $108K, and assets of $777K (revenue +180.1% year-over-year).
- 2019: Revenue of $108K, expenses of $113K, and assets of $801K (revenue +6.9% year-over-year).
- 2018: Revenue of $101K, expenses of $103K, and assets of $820K (revenue -55.3% year-over-year).
- 2017: Revenue of $227K, expenses of $208K, and assets of $838K (revenue +112.8% year-over-year).
- 2016: Revenue of $107K, expenses of $110K, and assets of $989K (revenue +4.5% year-over-year).
- 2015: Revenue of $102K, expenses of $104K, and assets of $1.0M (revenue +88.6% year-over-year).
- 2014: Revenue of $54K, expenses of $112K, and assets of $1.1M (revenue +13924.4% year-over-year).
- 2013: Revenue of $386, expenses of $82K, and assets of $964K (revenue -99.5% year-over-year).
- 2012: Revenue of $85K, expenses of $97K, and assets of $1.1M (revenue -44.0% year-over-year).
- 2011: Revenue of $151K, expenses of $88K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Story County Community Land Trust:
Data Sources and Methodology
This transparency report for Story County Community Land Trust 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.