Iowa Renewable Fuels Association
Nonprofit profile at a glance
- EIN
- 431982636
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- West Des Moines, IA, USA
- Phone
- 5152526249
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $1,820,430
- Expenses
- $1,496,461
- Assets
- $1,942,030
- Liabilities
- $359,131
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- CHRIS BOSHART (PRESIDENT)
- NICK BOWDISH (VICE PRESIDENT)
- BRAD WILSON (PAST PRESIDENT)
- MONTGOMERY SHAW (EXECUTIVE DIRECTOR)
Highest reported compensation
- MONTGOMERY SHAW (EXECUTIVE DIRECTOR): $290,660 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the common business interests of member companies without profit and without the inuring of income to the benefit of any member company or individual. To present the executive, legislative, judicial and regulatory bodies institutional views that are in the best interests of the general public, the renewable fuels industry, and consumers. To work for legislation and for regulations that can reasonably be expected to accomplish the aforesaid purposes and to oppose legislation and regulations not consistent with such purposes. To cooperate with those executive, legislative, judicial and regulatory bodies in achieving those standards of excellence which engender the confidence of the public and of the business community in the products and services of member companies and in the impartial regualtion of the business of member companies. To foster the development and growth of the renewable fuels industry in Iowa through education, promotion and infrastructure development.
What it reported doing in 2025
Product promotion: Iowa renewable fuels association (irfa) conducted direct outreach to Iowa retailers to educate them on the benefits of adding e15, e85 and/or biodiesel to their product offerings. There were dozens of individual meetings, leading to a total of over 1000 e15 locations, 425 e85 locations, and nearly 1650 biodiesel locations. Combined, these locations service tens of thousands of customers.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 86
- Accountability: 95
- Sustainability: 53
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 17.8%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 19.4%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.6% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 18 of 18 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $291K · 19 people listed · 4 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.