Western Iowa Development Association
EIN: 421300892 · Oakland, IA
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $104K |
| Net Assets | $143K |
Is Western Iowa Development Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Iowa Development Association
Western Iowa Development Association (EIN: 421300892) is a nonprofit organization based in Oakland, IA. The organization reported total revenue of $95K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Iowa Development Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Iowa Development Association is a micro nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $104K |
| Surplus / Deficit | $-31,096 |
| Total Assets | $143K |
| Net Assets | $143K |
| Operating Margin | -42.5% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2024, Western Iowa Development Association reported a deficit of $31K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2024), Western Iowa Development Association's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.6% | +34.3% | -17.8% |
| 2023 | -31.8% | -2.7% | -4.8% |
| 2022 | +45.2% | +76.7% | +6.4% |
| 2021 | -13.7% | -21.2% | +32.6% |
| 2020 | -50.9% | -56.4% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Iowa Development 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 Western Iowa Development 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 $31K, with expenses exceeding revenue.
Frequently Asked Questions about Western Iowa Development Association
Is Western Iowa Development Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Iowa Development Association (EIN: 421300892) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Iowa Development Association spend its money?
Detailed spending breakdown data is not yet available for Western Iowa Development Association. Check back for updated IRS 990 analysis.
Are donations to Western Iowa Development Association tax-deductible?
Western Iowa Development Association is registered as a tax-exempt nonprofit (EIN: 421300892). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Iowa Development Association located?
Western Iowa Development Association is headquartered in Oakland, Iowa and files with the IRS under EIN 421300892.
How many years of IRS 990 filings does Western Iowa Development Association have?
Western Iowa Development Association 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 $95K in total revenue.
Filing History
IRS 990 filing history for Western Iowa Development Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Western Iowa Development Association's revenue has declined by 58.8%, moving from $177K to $73K. Total assets increased by 29.2% over the same period, from $111K to $143K. Total functional expenses fell by 39.4%, from $172K to $104K. In its most recent filing year (2024), Western Iowa Development Association reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $73K | $104K | $143K | $0 | — | — |
| 2023 | $72K | $78K | $175K | $0 | — | View 990 |
| 2022 | $106K | $80K | $183K | $0 | — | View 990 |
| 2021 | $73K | $45K | $172K | $22K | — | — |
| 2020 | $84K | $57K | $130K | $0 | — | View 990 |
| 2018 | $172K | $131K | $114K | $0 | — | View 990 |
| 2017 | $166K | $172K | $78K | $7K | — | View 990 |
| 2016 | $176K | $188K | $84K | $7K | — | View 990 |
| 2015 | $173K | $203K | $96K | $7K | — | View 990 |
| 2014 | $173K | $167K | $128K | $9K | — | View 990 |
| 2013 | $166K | $156K | $118K | $4K | — | View 990 |
| 2012 | $153K | $155K | $108K | $5K | — | View 990 |
| 2011 | $177K | $172K | $111K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $73K, expenses of $104K, and assets of $143K (revenue +1.6% year-over-year).
- 2023: Revenue of $72K, expenses of $78K, and assets of $175K (revenue -31.8% year-over-year).
- 2022: Revenue of $106K, expenses of $80K, and assets of $183K (revenue +45.2% year-over-year).
- 2021: Revenue of $73K, expenses of $45K, and assets of $172K (revenue -13.7% year-over-year).
- 2020: Revenue of $84K, expenses of $57K, and assets of $130K (revenue -50.9% year-over-year).
- 2018: Revenue of $172K, expenses of $131K, and assets of $114K (revenue +3.6% year-over-year).
- 2017: Revenue of $166K, expenses of $172K, and assets of $78K (revenue -5.8% year-over-year).
- 2016: Revenue of $176K, expenses of $188K, and assets of $84K (revenue +1.4% year-over-year).
- 2015: Revenue of $173K, expenses of $203K, and assets of $96K (revenue +0.2% year-over-year).
- 2014: Revenue of $173K, expenses of $167K, and assets of $128K (revenue +4.2% year-over-year).
- 2013: Revenue of $166K, expenses of $156K, and assets of $118K (revenue +8.7% year-over-year).
- 2012: Revenue of $153K, expenses of $155K, and assets of $108K (revenue -13.9% year-over-year).
- 2011: Revenue of $177K, expenses of $172K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Iowa Development Association:
Data Sources and Methodology
This transparency report for Western Iowa Development 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.