Iowa Public Airports Association
Nonprofit profile at a glance
- EIN
- 391883296
- IRS 990-EZ coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2025
- Location
- Ankeny, IA, US
- Phone
- 515-727-0667
- Rating
- 41
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $100,477
- Expenses
- $71,221
- Assets
- $229,038
- Liabilities
- $8,626
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MICHAEL THARP (PRESIDENT)
- ALVIN LORENZO (VICE PRESIDENT)
- TODD DALSING (PAST PRESIDENT)
People named in this filing
- MICHAEL THARP (PRESIDENT)
- ALVIN LORENZO (VICE PRESIDENT)
- DAVID SIMS (TREASURER)
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
To promote Iowa’s aviation system, our airports and their role in local economic vitality through legislative advocacy, education and collaborative leadership.
What it reported doing in 2025
Education: Iowa aviation conference - each spring ippaa hosts a comprehensive industry conference. This two day conference includes nationally recognized speakers, exhibitors, elected officials, and state and federal aviation administrators. Over two hundred aviation representatives attend the conference to network with others within Iowa's aviation industry, receive a current briefing of the status of Iowa aviation and learn new and improved methods of managing airports.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.4%; rating input score 3
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 29.1%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 3.22; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.3% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 48th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 3.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 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 — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.