Stanwood Economic Development

Nonprofit profile at a glance

EIN
421441583
IRS 990-EZ coverage
2015–2023
Forms available
Form 990-EZ 2023
Location
Stanwood, IA, USA
Phone
5639423364
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Expenses
$52,380
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • ED ANDREWS (PRESIDENT)

People named in this filing

  • ED ANDREWS (PRESIDENT)
  • RAY LINDER (VICE PRESIDE)
  • SUSAN THUMMA (SECRETARY-TR)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide to the community of stanwood, ia an economic climate that will bring growth and an increased tax base to the community.

What it reported doing in 2023

Provide to the community of stanwood, Iowa an economic climate that will bring growth and an increased tax base to the community.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

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: 37
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 98.9%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: -6.7% per year; rating input score 0; 61st percentile among comparable filings
  • Asset growth: -12.9% per year; rating input score 0; 40th percentile among comparable filings

Details

  • Where the money goes: 98.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $52K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 3 of 3 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2015 to 2023
  • Contacts: How to reach this organization
  • 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: Total-asset coverage ratio scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.