TECHNOLOGY ASSOCIATION OF IOWA

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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

1997

Legal Domicile

Principal Officer

BRIAN WALLER

Phone

5152807700

Tax Period

2024-01-01 to 2024-12-31

TECHNOLOGY ASSOCIATION OF IOWA, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 6% surplus.

Mission

TO PROMOTE THE GROWTH, PROSPERITY AND RECOGNITION OF IOWA'S SOFTWARE AND INFORMATION INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $1,829,669 Revenue: $1,915,228

HELD CAREER AWARENESS PROGRAMS TO PROMOTE THE GROWTH, PROSPERITY, AND RECOGNITION OF IOWA'S SOFTWARE AND INFORMATION INDUSTRY BY HOSTING GOLF OUTINGS, LEGISLATIVE RECEPTIONS, AWARDS EVENT, AND...

HELD CAREER AWARENESS PROGRAMS TO PROMOTE THE GROWTH, PROSPERITY, AND RECOGNITION OF IOWA'S SOFTWARE AND INFORMATION INDUSTRY BY HOSTING GOLF OUTINGS, LEGISLATIVE RECEPTIONS, AWARDS EVENT, AND CONFERENCES TO SHOWCASE WOMEN OF INFLUENCE.

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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 $0

Program Service Revenue $1,915,228

Investment Income $40,734

Other Revenue $0

TOTAL REVENUE $1,955,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $989,627

Fundraising Expenses $0

Program Expenses $1,829,669

Other Expenses $840,042

TOTAL EXPENSES $1,829,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,955,962	$1,789,698	+0.1%
Expenses	$1,829,669	$1,578,823	+0.2%
Net Income	$126,293	$210,875	-0.4%

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

$709,160

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACH PRATT	SECRETARY	1.00	Officer Director	$0	$0	$0
ZACH GATES	TREASURER	1.00	Officer Director	$0	$0	$0
JASON KATCHER	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBBIE DEAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHAWN SWANER	DIRECTOR	1.00	Director	$0	$0	$0
SHANE STARK	DIRECTOR	1.00	Director	$0	$0	$0
SANJEEV SATTURU	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY MICKELSON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY BRANDMEYER	DIRECTOR	1.00	Director	$0	$0	$0
JOE RIESBERG	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN KERNS	DIRECTOR	1.00	Director	$0	$0	$0
KATHY KAY	DIRECTOR	1.00	Director	$0	$0	$0
ADAM HAEDER	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS HOOVER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN CONSTANT	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT HANY	DIRECTOR	1.00	Director	$0	$0	$0
ALEX OLSON	DIRECTOR	1.00	Director	$0	$0	$0
BRAD RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
COLLIN ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
DAVE TUCKER	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS TURNBULL	DIRECTOR	1.00	Director	$0	$0	$0
JACE DAY	DIRECTOR	1.00	Director	$0	$0	$0
MATT KOCH	DIRECTOR	1.00	Director	$0	$0	$0
LAURA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JON DARSEE	DIRECTOR	1.00	Director	$0	$0	$0
KARMEN DILLON	DIRECTOR	1.00	Director	$0	$0	$0
BRIANNE SCHULTE	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY KAUTEN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL HLIVKO	DIRECTOR	1.00	Director	$0	$0	$0
RYAN SCHAAP	DIRECTOR	1.00	Director	$0	$0	$0
KIM HUFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK CHASE	DIRECTOR	1.00	Director	$0	$0	$0
TED HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
DAVE ASHTON	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN WALLER	PRESIDENT	40.00	Officer	$272,317	$601	$272,918
TYLER WYNGARDEN	VICE PRESIDENT - DEVELOPMENT	40.00	Officer	$165,375	$5,825	$171,200
MOLLIE ROSS	VICE PRESIDENT - OPERATIONS	40.00	Officer	$152,375	$6,589	$158,964
NICHOLAS DONOVAN	VICE PRESIDENT - MARKETING	40.00	Officer	$105,682	$396	$106,078

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	$1,955,962	$1,829,669	$1,920,365	$126,293
2023	$1,789,698	$1,578,823	$1,748,651	$210,875
2022	$1,508,647	$1,402,875	$1,409,624	$105,772
2021	$1,224,779	$933,828	$1,258,229	$290,951
2020	$1,121,372	$929,836	$923,201	$191,536
2019	$1,229,664	$1,147,846	$685,581	$81,818
2018	$1,179,711	$1,059,531	$604,041	$120,180