CENTRAL IOWA RESIDENTIAL SERVICES INC (EIN 421026180) - 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

1974

Legal Domicile

Principal Officer

JEFF VANCE

Phone

6417525762

Tax Period

2024-07-01 to 2025-06-30

CENTRAL IOWA RESIDENTIAL SERVICES INC, founded in 1974, is a community nonprofit in the Human Services sector that reported $9.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $8.5M left a modest 12% surplus.

Mission

TO PROVIDE INDIVIDUALIZED SERVICES TO CHILDREN AND ADULTS WHO HAVE INTELLECTUAL AND DEVELOPMENTAL DISABILITIES; HELPING THEM ACHIEVE GREATER INDEPENDENCE THROUGH LIVING, LEARNING AND DOING.

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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 $194,798

Program Service Revenue $9,390,639

Investment Income $56,285

Other Revenue $12,773

TOTAL REVENUE $9,654,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,596,580

Fundraising Expenses $0

Program Expenses $7,204,016

Other Expenses $904,590

TOTAL EXPENSES $8,501,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,654,495	$8,503,335	+0.1%
Expenses	$8,501,170	$8,371,833	+0.0%
Net Income	$1,153,325	$131,502	+7.8%

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

182

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

$191,203

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD IVERSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
ELDON SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY CLEMENT	SECRETARY	2.00	Officer Director	$0	$0	$0
CHAD FRESE	DIRECTOR	1.00	Director	$0	$0	$0
MONICA SCHNEIDER	TREASURER	2.00	Officer Director	$0	$0	$0
SHIELA KIELLY	DIRECTOR	1.00	Director	$0	$0	$0
NANCY BECK	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
BRANDON BUCK	DIRECTOR	1.00	Director	$0	$0	$0
BARB JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF VANCE	EXECUTIVE DIRECTOR	40.00	Officer	$151,933	$39,270	$191,203

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	$9,654,495	$8,501,170	$6,951,373	$1,153,325
2024	$8,503,335	$8,371,833	$5,831,934	$131,502
2023	$8,350,268	$8,127,076	$5,671,025	$223,192
2022	$8,641,374	$8,177,877	$5,466,699	$463,497
2021	$9,500,828	$7,517,878	$5,060,974	$1,982,950
2020	$7,576,176	$7,225,287	$4,317,852	$350,889
2019	$7,093,971	$6,483,960	$2,890,786	$610,011

CENTRAL IOWA RESIDENTIAL SERVICES INC