Jo Mcdonough Trust
Nonprofit profile at a glance
- EIN
- 426061174
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Iowa City, IA, USA
- Phone
- 3192485146
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $105,849
- Expenses
- $102,540
- Assets
- $4,417,650
- Liabilities
- $300
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
Highest reported compensation
- MIDWESTONE BANK (TRUSTEE): $12,194 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support the american national red cross.
What it reported doing in 2025
In accordance with its organizational documents, all net income was paid to its supported organization, the american national red cross.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 93
- Accountability: 31
- Sustainability: 58
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.8%; rating input score 84
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.1%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 43.08; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 11.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -5.4% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 83.8% of revenue deployed · 85.9% of spending went to programs
- Governance: 0 of 1 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $12K · 1 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 2 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.