ITR Foundation

Nonprofit profile at a glance

EIN
421184154
IRS 990-EZ coverage
2012–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2023, Form 990-EZ 2025, Form 990-N 2020
Location
Waukee, IA, US
Phone
515-895-3725
Rating
92
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$155,324
Expenses
$270,202
Assets
$290,127
Liabilities
$3,000

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CHRISTOPHER INGSTAD (PRESIDENT)
  • ASHLEIGH HACKEL (VICE PRESIDENT)

People named in this filing

  • CHRISTOPHER INGSTAD (PRESIDENT)
  • PETER E VOORHEES (CHAIRMAN)
  • BRYAN OHGE (VICE CHAIRMAN)

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

ITR Foundation works to research, educate Iowans about our solutions, and activate Iowans in support of our solutions.

What it reported doing in 2025

To ensure every iowan can achieve the american dream by fostering: a pro-growth tax code, a friendly business climate, and an education system that prepares responsible leaders and citizens for the workforce.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 93
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87.7%; rating input score 88

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -74%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 27.1% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 20.7% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 64th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 87.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $237K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.