First Friday Breakfast Club

Nonprofit profile at a glance

EIN
421450197
IRS 990-EZ coverage
2019–2025
Forms available
Form 990 2018, Form 990-EZ 2025
Location
Des Moines, IA, USA
Phone
5159542996
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Intergroup, Race Relations

Official website

Reported finances

Revenue
$105,428
Expenses
$88,760
Assets
$258,380
Liabilities
$18,224

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Ken Hanson (Vice President)
  • Byron Huff (President)

People named in this filing

  • Jim Flansburg (Member)
  • Ken Hanson (Vice President)
  • Brad Holland (Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2025

Hosted monthly breakfast meetings with average attendance of 40 members and guests. The meetings features educational guest speakers of interest to the membership. Members had the option of witnessing the meetings virtually.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 100
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 99.8%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 15.8%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 2.91; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 15.6% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 17.6% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 99.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $89K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Liabilities to assets ratio scored 23/100.