Iowa Broadcasters Association Foundation
Nonprofit profile at a glance
- EIN
- 454574664
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2012, Form 990-EZ 2024, Form 990-N 2011
- Location
- Newton, IA, USA
- Phone
- 5052247237
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $131,929
- Expenses
- $34,438
- Assets
- $299,093
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- LJ PRITCHARD (PRESIDENT)
- JOHN HUFF (VICE-PRESIDENT)
People named in this filing
- LJ PRITCHARD (PRESIDENT)
- JOHN HUFF (VICE-PRESIDENT)
- MARY QUASS (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Iowa broadcasters association foundation was established to support theeducational and charitable activities of the Iowa broadcasters association, dedicated to promoting the future of Iowa broadcasting through a commitmentto education, providing scholarships to Iowa students seeking broadcastingcareers, prompting research and teaching in the field of broadcasting andoffering professional training and development opportunities for iowabroadcasters through meetings, seminars and workshops, helping Iowa radioand television stations better serve their local communities.
What it reported doing in 2024
Iowa community college grants program: the iba foundation provides post-secondary grant awards to qualifying iowacommunity colleges offering a two-year degree in broadcasting and/ordigital media majors at the following community colleges: kirkwoodcommunity college, Iowa western tech community college, Iowa westerncommunity college, Iowa lakes community college and marshalltown communitycollege. These grants assist nontraditional media students with partialpayment of tuition and fees. The iba foundation annually reviews eachprogram curriculum and as funds allow, intends to increase the grantawards. The iba foundation makes these grants payable directly to the community college, recognized under internal revenue code 501(c)(3).
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 100
- Sustainability: 91
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3%; rating input score 3
- Program expense ratio: 5.8%; rating input score 6
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: 73.9%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 8.68; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -5.5% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: -5.9% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 3% of revenue deployed · 5.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.