COMMUNITY FOUNDATION FOR WESTERN IOWA (EIN 261382215) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

HENRY MCKINLEY

Phone

7122567007

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION FOR WESTERN IOWA, founded in 2007, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $40.7M in total revenue in fiscal year 2024. Revenue surged 779% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35.0M, a strong 86% operating margin.

Mission

THE COMMUNITY FOUNDATION FOR WESTERN IOWA IS DEDICATED TO CREATING A LASTING LEGACY IN OUR REGION BY ENGAGING OUR CITIZENS AND COMMUNITIES FOR DURABLE CHANGE AND FOSTERING A CULTURE OF PHILANTHROPY. THIS IS WHERE GIVING GROWS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,588,658

Program Service Revenue $0

Investment Income $2,948,452

Other Revenue $192,629

TOTAL REVENUE $40,729,739

Expense Breakdown

Grants Paid $4,167,939

Salaries & Benefits $547,124

Fundraising Expenses $443,739

Program Expenses $4,433,958

Other Expenses $987,208

TOTAL EXPENSES $5,702,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,729,739	$4,632,343	+7.8%
Expenses	$5,702,271	$5,466,717	+0.0%
Net Income	$35,027,468	$-834,374	-43.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$180,695

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CONNIE CASSON	MEMBER	1.00	Director	$0	$0	$0
KATHERYNE CUTLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANTHONY FAHRENKROG	SECRETARY	1.00	Officer Director	$0	$0	$0
ALAN GARDNER	MEMBER	1.00	Director	$0	$0	$0
SHERYL GARST	MEMBER	1.00	Director	$0	$0	$0
LUCY HOUGH	MEMBER	1.00	Director	$0	$0	$0
JOHN JERKOVICH	MEMBER	1.00	Director	$0	$0	$0
HENRY MCKINLEY	CHAIR	1.00	Officer Director	$0	$0	$0
DAN PETERSON	MEMBER	1.00	Director	$0	$0	$0
CHRISTY SAUSER	TREASURER	1.00	Officer Director	$0	$0	$0
DONNA SCHOEPPNER	MEMBER	1.00	Director	$0	$0	$0
NANCY SCHULZE	MEMBER	1.00	Director	$0	$0	$0
STEPHEN WILD	MEMBER	1.00	Director	$0	$0	$0
CHRISTINA BATEMAN	MEMBER	1.00	Director	$0	$0	$0
KEVIN CABBAGE	MEMBER	1.00	Director	$0	$0	$0
SHEILA JACOBS	MEMBER	1.00	Director	$0	$0	$0
DONNA DOSTAL	PRESIDENT/CEO	40.00	Officer	$173,640	$7,055	$180,695

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$40,729,739	$5,702,271	$83,311,926	$35,027,468
2024	$40,729,739	$5,702,271	$83,311,926	$35,027,468
2023	$4,632,343	$5,466,717	$44,593,080	$-834,374
2022	$3,918,445	$6,680,004	$42,464,983	$-2,761,559
2021	$5,532,335	$2,697,676	$52,830,943	$2,834,659
2020	$21,206,541	$1,703,839	$44,245,009	$19,502,702
2019	$8,454,139	$921,288	$22,426,181	$7,532,851
2018	$3,300,857	$1,021,427	$13,328,009	$2,279,430

COMMUNITY FOUNDATION FOR WESTERN IOWA