IOWA WESTERN COMMUNITY COLLEGE FOUNDATION (EIN 421224333) - 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

1983

Legal Domicile

Principal Officer

MOLLY NOON

Phone

7123253200

Tax Period

2024-07-01 to 2025-06-30

IOWA WESTERN COMMUNITY COLLEGE FOUNDATION, founded in 1983, is a community nonprofit in the Education sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $6.9M exceeded revenue, resulting in a 21% operating deficit.

Mission

IOWA WESTERN COMMUNITY COLLEGE FOUNDATION IS ORGANIZED TO FACILITATE THE ADVANCEMENT AND SUPPORT OF THE IOWA WESTERN COMMUNITY COLLEGE.

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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 $4,359,891

Program Service Revenue $0

Investment Income $1,326,712

Other Revenue $15,470

TOTAL REVENUE $5,702,073

Expense Breakdown

Grants Paid $3,950,167

Salaries & Benefits $0

Fundraising Expenses $92,481

Program Expenses $3,950,167

Other Expenses $2,931,006

TOTAL EXPENSES $6,881,173

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,702,073	$4,904,406	+0.2%
Expenses	$6,881,173	$6,456,223	+0.1%
Net Income	$-1,179,100	$-1,551,817	-0.2%

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

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

$395,111

Total Directors

$820,095

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR DON FENSTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ARNIE OVALLES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
EDDIE HOLTZ	TREASURER	1.00	Officer Director	$0	$35,095	$218,442
TINA MACKLAND	SECRETARY	1.00	Officer Director	$0	$0	$0
DONNA BARRY	MEMBER	1.00	Director	$0	$0	$0
TOM WHITSON	MEMBER	1.00	Director	$0	$0	$0
DR WARD CHAMBERS	MEMBER	1.00	Director	$0	$0	$0
LINDA LLOYD	MEMBER	1.00	Director	$0	$0	$0
BRENT SIEGRIST	MEMBER	1.00	Director	$0	$0	$0
KURT HENSTORF	MEMBER	1.00	Director	$0	$0	$0
MICK GUTTAU	MEMBER	1.00	Director	$0	$0	$0
BOB LAUBENTHAL	MEMBER	1.00	Director	$0	$0	$0
DR JOHN MARSHALL	MEMBER	1.00	Director	$0	$0	$0
JOHN NELSON	MEMBER	1.00	Director	$0	$0	$0
GILBERT THOMAS	MEMBER	1.00	Director	$0	$0	$0
LARRY WINUM	MEMBER	1.00	Director	$0	$0	$0
MARIE KNEDLER	MEMBER	1.00	Director	$0	$0	$0
DR DANIEL KINNEY	MEMBER-PRES IWCC	1.00	Director	$0	$70,533	$424,984
MOLLY NOON	FOUNDATION EXECUTIVE DIREC	40.00	Officer Director	$0	$31,287	$176,669
RANDY PASH	MEMBER	1.00	Officer 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	$5,702,073	$6,881,173	$38,640,445	$-1,179,100
2024	$4,904,406	$6,456,223	$38,570,389	$-1,551,817
2023	$4,606,156	$4,029,664	$35,156,585	$576,492
2022	$9,190,956	$7,519,217	$32,676,996	$1,671,739
2021	$4,880,435	$4,459,256	$36,011,501	$421,179
2020	$5,423,273	$4,577,946	$31,455,337	$845,327
2019	$7,287,044	$6,493,462	$32,672,006	$793,582
2018	$8,241,942	$3,886,564	$29,964,650	$4,355,378

IOWA WESTERN COMMUNITY COLLEGE FOUNDATION