IOWA INSTITUTE FOR COOPERATIVES (EIN 420711488) - 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

1951

Legal Domicile

Principal Officer

DR BOBBY MARTENS

Phone

5152922667

Tax Period

2024-06-01 to 2025-05-31

IOWA INSTITUTE FOR COOPERATIVES, founded in 1951, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024.

Mission

THE OBJECTIVE, POWERS, AND PURPOSES OF THIS ASSOCIATION SHALL BE TO ASSOCIATE THE MEMBERS THEREOF TOGETHER INTO A SOCIETY FOR THE PURPOSE OF PROMOTING THE INTERESTS AND WELFARE OF IOWA COOPERATIVES BY ANY APPROPRIATE MEANS AND TO EDUCATE AND BRING ABOUT A BETTER UNDERSTANDING OF THE COOPERATIVE TYPE OF BUSINESS.

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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 $1,030,177

Investment Income $50,112

Other Revenue $0

TOTAL REVENUE $1,080,289

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $709,926

Fundraising Expenses $0

Program Expenses $1,160,879

Other Expenses $435,953

TOTAL EXPENSES $1,160,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,080,289	$1,098,455	0.0%
Expenses	$1,160,879	$998,462	+0.2%
Net Income	$-80,590	$99,993	-1.8%

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

N/A

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

$4,300

Total Directors

$7,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOYLE ANDERSON	PRESIDENT	0.60	Officer Director	$2,250	$0	$2,250
TERRY PANBECKER	VICE PRESIDENT	0.60	Officer Director	$0	$0	$0
DAN DIETZENBACH	SECRETARY	0.60	Officer Director	$2,050	$0	$2,050
BRIAN LARSEN	DIRECTOR	0.60	Director	$1,800	$0	$1,800
ED ANDERSON	DIRECTOR	0.60	Director	$1,800	$0	$1,800
JAKE WILLIAMS	DIRECTOR	0.60	Director	$0	$0	$0
WIL MANWEILER	DIRECTOR	0.60	Director	$0	$0	$0
COZY NELSEN	DIRECTOR	0.60	Director	$0	$0	$0
BRIAN THILGES	DIRECTOR	0.60	Director	$0	$0	$0
JASON BERKLAND	DIRECTOR	0.60	Director	$0	$0	$0
TAYLOR JANS	DIRECTOR	0.60	Director	$0	$0	$0
GREG HANSHAW	DIRECTOR	0.60	Director	$0	$0	$0
LEVI BAPPE	DIRECTOR	0.60	Director	$0	$0	$0
JERRY KELEHER	DIRECTOR	0.60	Director	$0	$0	$0
DR BOBBY MARTENS	EXECUTIVE DIRECTOR (CURRENT)	40.00	Officer	$0	$0	$0
MATTHEW EDDY	DIRECTOR OF COOPERATIVE DEVELOPMENT	40.00	Highest	$152,025	$0	$152,025
DAVE HOLM	EXECUTIVE DIRECTOR (FORMER)	40.00		$275,316	$30,997	$306,313

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
2025	$1,080,289	$1,160,879	$987,074	$-80,590
2024	$1,098,455	$998,462	$1,144,892	$99,993
2023	$1,031,429	$977,563	$1,062,197	$53,866
2022	$967,389	$835,523	$1,054,400	$131,866
2021	$778,943	$788,112	$985,567	$-9,169
2020	$913,901	$901,871	$959,541	$12,030
2019	$844,137	$825,974	$866,954	$18,163

IOWA INSTITUTE FOR COOPERATIVES