CFA SOCIETY OF IOWA INC DBA CFA SOCIETY IOWA

EIN: 421152989

DES MOINES, IA

Total Revenue
$232,842
Total Expenses
$287,677
Total Assets
$248,490
Net Assets
$248,249
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
IA
Principal Officer
NATHAN LARICK
Phone
5156697162
Tax Period
2024-07-01 to 2025-06-30

CFA SOCIETY OF IOWA INC DBA CFA SOCIETY IOWA, founded in 1962, is a small nonprofit that reported $233K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $288K exceeded revenue, resulting in a 24% operating deficit.

Mission

CFA SOCIETY IOWA SEEKS TO LEAD THE INVESTMENT PROFESSION IN THE STATE OF IOWA BY PROMOTING ETHICAL AND PROFESSIONAL STANDARS, ENCOURAGES AND FACILITATES PROFESSIONAL DEVELOPMENT, AND WORKS TOWARDS BROADER COMMUNITY UNDERSTANDING OF THE CFA DESIGNATION.

Program Service Accomplishments

Program 1
Expenses: $129,904 Revenue: $95,285

HOSTED ONE LARGE INVESTMENT EVENT IN MAY WITH APPROXIMATELY 200 ATTENDEES. HOSTED IN-PERSON AND VIRTUAL (HYBRID) WEBINARS MONTHLY FEATURING INDUSTRY SPEAKERS WHO DISCUSSED RELEVANT TOPICS FOR...

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HOSTED ONE LARGE INVESTMENT EVENT IN MAY WITH APPROXIMATELY 200 ATTENDEES. HOSTED IN-PERSON AND VIRTUAL (HYBRID) WEBINARS MONTHLY FEATURING INDUSTRY SPEAKERS WHO DISCUSSED RELEVANT TOPICS FOR INVESTMENTS. AVERAGE ATTENDANCE WAS APPROXIMATELY 40 PEOPLE PER EVENT.

Program 2
Expenses: $50,648 Revenue: $8,084

HOSTED SEVERAL NETWORKING EVENTS FOR MEMBERS AND STUDENTS SO THEY ARE ABLE TO INTERACT WITH OTHERS IN THEIR PROFESSION OR COURSE OF STUDY. ATTENDANCE RANGED FROM APPROXIMATELY 15-30 PEOPLE PER EVENT...

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HOSTED SEVERAL NETWORKING EVENTS FOR MEMBERS AND STUDENTS SO THEY ARE ABLE TO INTERACT WITH OTHERS IN THEIR PROFESSION OR COURSE OF STUDY. ATTENDANCE RANGED FROM APPROXIMATELY 15-30 PEOPLE PER EVENT. HOSTED TWO LARGE NETWORKING GOLF OUTINGS IN JUNE WITH APPROXIMATELY 130 ATTENDEES IN TOTAL.

Program 3
Expenses: $29,950 Revenue: $4,500

HOSTED THE CFA GLOBAL INVESTMENT RESEARCH CHALLENGE FOR UNIVERSITIES IN THE REGION WITH 50 ATTENDEES. STUDENTS WERE ABLE TO PRESENT RESEARCH ON A COMPANY TO COMPETE FOR SCHOLARSHIPS AND A CHANCE AT...

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HOSTED THE CFA GLOBAL INVESTMENT RESEARCH CHALLENGE FOR UNIVERSITIES IN THE REGION WITH 50 ATTENDEES. STUDENTS WERE ABLE TO PRESENT RESEARCH ON A COMPANY TO COMPETE FOR SCHOLARSHIPS AND A CHANCE AT THE GLOBAL COMPETITION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $117,763
Program Service Revenue $105,218
Investment Income $7,210
Other Revenue $2,651
TOTAL REVENUE $232,842

Expense Breakdown

Grants Paid $8,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,502
Other Expenses $279,677
TOTAL EXPENSES $287,677

Year-over-Year Comparison

2024 2023 Change
Revenue $232,842 $204,361 +0.1%
Expenses $287,677 $210,669 +0.4%
Net Income $-54,835 $-6,308 +7.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY ARELLANO PRESIDENT 7.00
Officer Director
$0 $0 $0
NICK NOLAN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARGARET CLARK TREASURER 4.00
Officer Director
$0 $0 $0
THOMAS MCCAFFREY SECRETARY 1.00
Officer Director
$0 $0 $0
CASS PAGE DIRECTOR AT LARGE 2.00
Director
$0 $0 $0
JACOB SCHULTE DIRECTOR AT LARGE 2.00
Director
$0 $0 $0
MADISON LAWLESS DIRECTOR AT LARGE 2.00
Director
$0 $0 $0
AMANDA WILSON DIRECTOR AT LARGE 2.00
Director
$0 $0 $0
TONG TEH DIRECTOR AT LARGE 2.00
Director
$0 $0 $0
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 $232,842 $287,677 $248,490 $-54,835
2024 $204,361 $210,669 $303,185 $-6,308
2023 $201,633 $200,317 $309,392 $1,316
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