Iowa Association for the Education of Young Children

Nonprofit profile at a glance

EIN
421135283
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
West Des Moines, IA, USA
Phone
5153318000
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Education

Official website

Reported finances

Revenue
$11,050,182
Expenses
$10,577,590
Assets
$3,487,910
Liabilities
$734,623

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

Leadership & pay

17 people listed

Executive titles in this filing

  • BRANDY SMITH (PRESIDENT)
  • CRYSTAL ABBE (VICE PRESIDENT)
  • BRENDA LOOP (PRESIDENT-ELECT)
  • JILLIAN HERINK (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JILLIAN HERINK (EXECUTIVE DIRECTOR): $117,425 total reported compensation

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

Overview

Mission

Iowa aeyc promotes high-quality early learning for all children, birth through age 8, by connecting practice, policy, and research. We advance a diverse, dynamic early childhood profession and support all who care for, educate, and work on behalf of young children.

What it reported doing in 2024

Iowa aeyc is a membership organization of more than 1,000 members and is the Iowa affiliate of the national association for the education of young children. Iowa aeyc members represent our state's early learning workforce. Iowa aeyc supports efforts to improve teaching and learning, leadership, professional development, state and national accreditation, quality early childhood education programs, and building public awareness through advocacy and outreach.Iowa aeyc is approved by the department of health and human services (dhs) as a training organization and is an approved national administrator credential (nac) vendor by the national early childhood program accreditation (necpa) commission. Iowa aeyc supports several programs and also holds two large state-wide professional development events for the early care and education work force to elevate best practices and to promote leadership and advocacy in the early care and education field.

Operating model

Revenue model
Grant-funded. 97% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 81% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.5%; rating input score 86
  • Program expense ratio: 89.3%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.3%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 1.1%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 21.8% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 21.9% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 33.5% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 85.5% of revenue deployed · 89.3% of spending went to programs
  • Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $9.4M in reported program spending
  • Leadership: top reported pay $117K · 17 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2020 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.

  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Sustainability: Operating margin scored 51/100.
  • Review — Sustainability: Liabilities to assets ratio scored 57/100.