Winterset Community Educational Foundation
EIN: 421113061 · Des Moines, IA · NTEE: T31
| Metric | Value |
|---|---|
| Total Expenses | $148K |
| Net Assets | $503K |
Is Winterset Community Educational Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winterset Community Educational Foundation
Winterset Community Educational Foundation (EIN: 421113061) is a nonprofit organization based in Des Moines, IA, classified under NTEE code T31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winterset Community Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winterset Community Educational Foundation is a micro nonprofit that has been operating for 38 years, with 3 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $148K |
| Surplus / Deficit | $-77,128 |
| Total Assets | $618K |
| Total Liabilities | $115K |
| Net Assets | $503K |
| Operating Margin | -108.9% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 50.2 months |
Financial Health Grade: B
In 2019, Winterset Community Educational Foundation reported a deficit of $77K with expenses exceeding revenue, holds 50.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 3 years of filings (2012–2019), Winterset Community Educational Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +28.0% | +99.5% | +181.7% |
| 2013 | -13.4% | -17.0% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winterset Community Educational Foundation 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 Winterset Community Educational Foundation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.7%.
Frequently Asked Questions about Winterset Community Educational Foundation
Is Winterset Community Educational Foundation a legitimate charity?
Winterset Community Educational Foundation (EIN: 421113061) is a registered tax-exempt nonprofit based in Iowa. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Winterset Community Educational Foundation spend its money?
Winterset Community Educational Foundation reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winterset Community Educational Foundation tax-deductible?
Winterset Community Educational Foundation is registered as a tax-exempt nonprofit (EIN: 421113061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winterset Community Educational Foundation located?
Winterset Community Educational Foundation is headquartered in Des Moines, Iowa and files with the IRS under EIN 421113061. It is classified under NTEE code T31.
How many years of IRS 990 filings does Winterset Community Educational Foundation have?
Winterset Community Educational Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Winterset Community Educational Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2019), Winterset Community Educational Foundation's revenue has grown by 10.9%, moving from $64K to $71K. Total assets increased by 161.3% over the same period, from $237K to $618K. Total functional expenses rose by 65.6%, from $89K to $148K. In its most recent filing year (2019), Winterset Community Educational Foundation reported a deficit of $77K, with expenses exceeding revenue. The organization holds $115K in liabilities against $618K in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $503K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $71K | $148K | $618K | $115K | — | View 990 |
| 2013 | $55K | $74K | $219K | $9K | — | View 990 |
| 2012 | $64K | $89K | $237K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $71K, expenses of $148K, and assets of $618K (revenue +28.0% year-over-year).
- 2013: Revenue of $55K, expenses of $74K, and assets of $219K (revenue -13.4% year-over-year).
- 2012: Revenue of $64K, expenses of $89K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winterset Community Educational Foundation:
Data Sources and Methodology
This transparency report for Winterset Community Educational Foundation 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.