Iowa Growth Project

Nonprofit profile at a glance

EIN
461834529
IRS 990-EZ coverage
2015–2019
Forms available
Form 990 2018, Form 990-EZ 2019
Location
Des Moines, IA, USA
Phone
5158680211
Rating
91
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$5,000
Expenses
$104,744
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JEFF BEAN (President)

People named in this filing

  • JEFF BEAN (President)
  • NICK HELLAND (Secretary)
  • SCOTT GROWDON (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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is organized exclusively for the promotion of social welfare including but not limited to 1) educating and informing iowans on the principals of limited jeffersonian government 2) developing and researching limited government and jeffersonian policy to improve and stimulate the economy thereby bringing about civic betterments and social improvements for the common good and general welfare of the people of Iowa.

What it reported doing in 2019

Successful education of voters on conservative issues in targeted Iowa senate districts to increase early voter participation via grassroots contact.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 2
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.3%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1,994.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 23.9%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 6.6% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: -8.7% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -4.2% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2015 to 2019
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.