Iowa State Education Association
Nonprofit profile at a glance
- EIN
- 420335775
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Des Moines, IA, USA
- Phone
- 5154718000
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $13,533,537
- Expenses
- $12,116,181
- Assets
- $19,450,679
- Liabilities
- $12,231,409
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
46 people listed
Executive titles in this filing
- JOSHUA BROWN (PRESIDENT)
Highest reported compensation
- COY MARQUARDT (EXECUTIVE DI): $271,612 total reported compensation
- DREW GOSSELINK (ASS. EXECUTI): $261,155 total reported compensation
- MARY JANE COBB RETIRED FEB 2024 (PAST EXEC. D): $247,047 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advocate for policies and practices that elevate the profession and public education while placing students at the center of everything we do.
What it reported doing in 2024
Promote the development of education and its profession- includes lobbying the state legislature and administrative agencies; collecting and disseminating information on education and candidates for public office; and fostering coalition activities among the states leading education groups. Also includes professional development, the isea student program, our efforts to collaborate with college and universities to improve teacher education programs, various publications, a media campaign, local and state-wide public relations activities and research support.
Operating model
- Revenue model
- Earned-program. 81% 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
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 0
- Transparency & Controls: 81
- Accountability: 92
- Sustainability: 52
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 8th 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: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 82.4%; rating input score 82; 17th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 93.5%; rating input score 94; 26th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.61; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 17.4%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.8% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 1.2% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 29 of 31 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $272K · 46 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $393K reported
- Consistency: 15 of 17 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 3 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 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.