IOWA AGRICULTURE LITERACY FOUNDATION (EIN 311672416) - 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

2014

Legal Domicile

Principal Officer

KELLY FOSS

Phone

5153314182

Tax Period

2023-11-01 to 2024-10-31

IOWA AGRICULTURE LITERACY FOUNDATION, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $627K in total revenue in fiscal year 2023. Expenses of $589K left a modest 6% surplus.

Mission

TO EDUCATE IOWANS WITH A FOCUS ON YOUTH REGARDING THE BREADTH & GLOBAL SIGNIFICANCE OF AGRICULTURE. TO SERVE AS A CENTRAL RESOURCE FOR EDUCATORS AND VOLUNTEERS WHO WANT TO TEACH IOWA'S STUDENTS ABOUT AGRICULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $623,945

Program Service Revenue $0

Investment Income $2,578

Other Revenue $0

TOTAL REVENUE $626,523

Expense Breakdown

Grants Paid $61,142

Salaries & Benefits $263,877

Fundraising Expenses $37,755

Program Expenses $327,058

Other Expenses $264,412

TOTAL EXPENSES $589,431

Year-over-Year Comparison

	2023	2022	Change
Revenue	$626,523	$656,094	0.0%
Expenses	$589,431	$688,028	-0.1%
Net Income	$37,092	$-31,934	-2.2%

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

N/A

Volunteers

138

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

$141,575

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASEY ANDERSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
BREANNA WAGNER	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
RONNETTE VONDRAK	SECRETARY/TRESURER	2.00	Officer Director	$0	$0	$0
MORGAN POTHOVEN 724	FORMER DIRECTOR	1.00	Director	$0	$0	$0
JOYCE HOPPES	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BELL 1223	FORMER DIRECTOR	1.00	Director	$0	$0	$0
LAURA ELFERS 524	FORMER DIRECTOR	1.00	Director	$0	$0	$0
GRANT MENKE	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY FARA	DIRECTOR	1.00	Director	$0	$0	$0
SARAH DERRY	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA LARSON	DIRECTOR (9/24)	1.00	Director	$0	$0	$0
DENISE FORNEY	DIRECTOR (4/24)	1.00	Director	$0	$0	$0
ALAN SPENCER	DIRECTOR (9/24)	1.00	Director	$0	$0	$0
KELLY FOSS	EXECUTIVE DIRECTOR	40.00	Officer	$100,947	$40,628	$141,575

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	$626,523	$589,431	$220,182	$37,092
2023	$656,094	$688,028	$176,672	$-31,934
2022	$596,487	$750,010	$213,346	$-153,523
2021	$962,715	$711,741	$382,615	$250,974
2020	$609,823	$594,739	$108,466	$15,084
2019	$615,408	$606,450	$113,304	$8,958
2018	$534,588	$542,873	$89,042	$-8,285

IOWA AGRICULTURE LITERACY FOUNDATION