Waterloo Cedar Falls Symphony Orchestra Association
EIN: 420766745 · Cedar Falls, IA
| Metric | Value |
|---|---|
| Total Revenue | $697K |
| Total Expenses | $800K |
| Net Assets | $799K |
Is Waterloo Cedar Falls Symphony Orchestra Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waterloo Cedar Falls Symphony Orchestra Association
Waterloo Cedar Falls Symphony Orchestra Association (EIN: 420766745) is a nonprofit organization based in Cedar Falls, IA. The organization reported total revenue of $697K and total assets of $825K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterloo Cedar Falls Symphony Orchestra Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterloo Cedar Falls Symphony Orchestra Association is a small nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $800K |
| Surplus / Deficit | $-103,229 |
| Total Assets | $825K |
| Total Liabilities | $26K |
| Net Assets | $799K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 12.4 months |
Financial Health Grade: B
In 2024, Waterloo Cedar Falls Symphony Orchestra Association reported a deficit of $103K with expenses exceeding revenue, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Waterloo Cedar Falls Symphony Orchestra Association's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +47.5% | +11.4% | -9.0% |
| 2023 | -48.6% | +18.2% | -18.9% |
| 2022 | +95.7% | +79.7% | +31.2% |
| 2021 | -13.0% | -35.6% | +22.7% |
| 2020 | +28.2% | +11.6% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waterloo Cedar Falls Symphony Orchestra 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 Waterloo Cedar Falls Symphony Orchestra 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $103K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Waterloo Cedar Falls Symphony Orchestra Association
Is Waterloo Cedar Falls Symphony Orchestra Association a legitimate charity?
Waterloo Cedar Falls Symphony Orchestra Association (EIN: 420766745) is a registered tax-exempt nonprofit based in Iowa. It has 14 years of IRS 990 filings on record. Total revenue: $697K. No red flags identified. Financial health grade: B.
How does Waterloo Cedar Falls Symphony Orchestra Association spend its money?
Waterloo Cedar Falls Symphony Orchestra Association reported $697K 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 Waterloo Cedar Falls Symphony Orchestra Association tax-deductible?
Waterloo Cedar Falls Symphony Orchestra Association is registered as a tax-exempt nonprofit (EIN: 420766745). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waterloo Cedar Falls Symphony Orchestra Association located?
Waterloo Cedar Falls Symphony Orchestra Association is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 420766745.
How many years of IRS 990 filings does Waterloo Cedar Falls Symphony Orchestra Association have?
Waterloo Cedar Falls Symphony Orchestra 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 $697K in total revenue.
Filing History
IRS 990 filing history for Waterloo Cedar Falls Symphony Orchestra Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Waterloo Cedar Falls Symphony Orchestra Association's revenue has grown by 24.7%, moving from $559K to $697K. Total assets increased by 208.6% over the same period, from $267K to $825K. Total functional expenses rose by 32.7%, from $603K to $800K. In its most recent filing year (2024), Waterloo Cedar Falls Symphony Orchestra Association reported a deficit of $103K, with expenses exceeding revenue. The organization holds $26K in liabilities against $825K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $799K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $697K | $800K | $825K | $26K | — | — |
| 2023 | $473K | $718K | $906K | $54K | — | — |
| 2022 | $919K | $607K | $1.1M | $19K | — | View 990 |
| 2021 | $469K | $338K | $852K | $65K | — | View 990 |
| 2020 | $539K | $525K | $695K | $39K | — | View 990 |
| 2019 | $421K | $471K | $721K | $80K | — | View 990 |
| 2018 | $1.0M | $465K | $745K | $54K | — | View 990 |
| 2017 | $544K | $434K | $213K | $66K | — | View 990 |
| 2016 | $539K | $550K | $240K | $203K | — | View 990 |
| 2015 | $525K | $565K | $240K | $192K | — | View 990 |
| 2014 | $570K | $581K | $253K | $166K | — | View 990 |
| 2013 | $539K | $550K | $219K | $120K | — | View 990 |
| 2012 | $556K | $620K | $217K | $107K | — | View 990 |
| 2011 | $559K | $603K | $267K | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $697K, expenses of $800K, and assets of $825K (revenue +47.5% year-over-year).
- 2023: Revenue of $473K, expenses of $718K, and assets of $906K (revenue -48.6% year-over-year).
- 2022: Revenue of $919K, expenses of $607K, and assets of $1.1M (revenue +95.7% year-over-year).
- 2021: Revenue of $469K, expenses of $338K, and assets of $852K (revenue -13.0% year-over-year).
- 2020: Revenue of $539K, expenses of $525K, and assets of $695K (revenue +28.2% year-over-year).
- 2019: Revenue of $421K, expenses of $471K, and assets of $721K (revenue -58.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $465K, and assets of $745K (revenue +85.4% year-over-year).
- 2017: Revenue of $544K, expenses of $434K, and assets of $213K (revenue +1.0% year-over-year).
- 2016: Revenue of $539K, expenses of $550K, and assets of $240K (revenue +2.6% year-over-year).
- 2015: Revenue of $525K, expenses of $565K, and assets of $240K (revenue -7.9% year-over-year).
- 2014: Revenue of $570K, expenses of $581K, and assets of $253K (revenue +5.7% year-over-year).
- 2013: Revenue of $539K, expenses of $550K, and assets of $219K (revenue -3.1% year-over-year).
- 2012: Revenue of $556K, expenses of $620K, and assets of $217K (revenue -0.5% year-over-year).
- 2011: Revenue of $559K, expenses of $603K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterloo Cedar Falls Symphony Orchestra Association:
Data Sources and Methodology
This transparency report for Waterloo Cedar Falls Symphony Orchestra 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.