Iowa State Dairy Association
Nonprofit profile at a glance
- EIN
- 420987241
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6514880261
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Farm Bureau, Grange
Reported finances
- Revenue
- $150,102
- Expenses
- $170,380
- Assets
- $344,948
- Liabilities
- $18,187
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Robert Horst (President)
- Lee Maassen (Vice President)
- Mariah Busta (Executive Director)
People named in this filing
- Robert Horst (President)
- Lee Maassen (Vice President)
- Christina Zuiderveen (Secretary)
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
Promotion of Iowa dairy industry
What it reported doing in 2024
Facilitating, growing, and promoting the Iowa dairy industry. Maintain and enhance the dairy associations website. Www.iowadairy.org
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.4%; rating input score 7
- 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: -13.5%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 2.02; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 7.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.