Informed Choice of Iowa Corporation

Nonprofit profile at a glance

EIN
260451761
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Iowa City, IA, USA
Phone
3193370575
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Ambulatory Health Center, Community Clinic

Official website

Reported finances

Revenue
$331,000
Expenses
$352,813
Assets
$123,204
Liabilities
$224,443

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Matthew Fanning (Executive Director)
  • Rachel Owen (Board President)

Highest reported compensation

  • Matthew Fanning (Executive Director): $21,944 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Turn fear into confidence by meeting the real needs of women and men and providing strength for life's tough choices.

What it reported doing in 2024

Our services include pregnancy and STI/STD diagnostic and treatment for men and women. This includes pregnancy testing, limited obstetrical ultrasound, pre-termination evaluations, early prenatal care, fetal development education, information on abortion procedures, std risk assessments, std testing, diagnosis and treatment, sexual risk avoidance education, and referrals for other local services including OB care, social services, adoption services, post abortion recovery and natural family planning. We did not hold the Restore Conference again this year, although they have been a continuation of the educational aspects of the Informed Choices Medical Clinics. In 2012 we opened our first satellite clinic in Ames, IA and in 2014 we opened our second satellite clinic in Fort Dodge, IA. In 2015 we achieved AAAHC accreditation for all our clinics and acquired our first mobile clinic. In 2017, we opened our third satellite clinic in Burlington, IA. In 2018 and 2019, we achieved AAAHC re-accreditation and began billing via major insurance carriers, Medicaid and Medicare. We added tele-health, FEMM natural family planning certified training and relationship coaching. In late 2020, we became eligible to offer presumptive Medicaid for early pre-natal care up to 16 wks. of pregnancy prior to referral to a community OB provider. In late 2020, we were awarded a CARES Act Grant for a registered RN Apprenticeship Program in Ambulatory Women's Health. We trained three nurses via this grant, and they received certification from the US Department of Labor for completion of their registered RN Apprenticeship in Ambulatory Women's Health. In 2020, we were unable to offer clinic services from late March through early August due to Covid-19 shut downs and loss of clinic staff. We have since resumed full services. We closed our Fort Dodge Clinic permanently in 2020, and divested from our clinic in Ames and donated out mobile unit to their new operation at that time. We continue to operate clinics in Burlington and Iowa City, Iowa. We have added relationship and health coaching to our service offerings in 2021. In 2023 we added 24/7 Nurse Chat services online for our patients through a subcontractor Infinite Worth and utilizing the HopeSync platform. In 2024, we achieved AAAHC re-accreditation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 86
  • Accountability: 90
  • Sustainability: 22
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.8%; rating input score 73
  • Program expense ratio: 68.3%; rating input score 68
  • Fundraising efficiency: $14.36 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -6.6%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 1.82; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: -4.3% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: -5.1% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 72.8% of revenue deployed · 68.3% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $241K in reported program spending
  • Leadership: top reported pay $22K · 4 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.