IOWA ASSOCIATION OF BUSINESS AND INDUSTRY FOUNDATION (EIN 421242565) - 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

1984

Legal Domicile

Principal Officer

NICOLE CRAIN

Phone

5152808000

Tax Period

2024-07-01 to 2025-06-30

IOWA ASSOCIATION OF BUSINESS AND INDUSTRY FOUNDATION, founded in 1984, is a small nonprofit in the Youth Development sector that reported $458K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $525K exceeded revenue, resulting in a 15% operating deficit.

Mission

DEDICATED TO DEVELOPING IOWA'S WORKFORCE AND LEADERS THROUGH STATEWIDE EDUCATIONAL PROGRAMS.

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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 $224,603

Program Service Revenue $148,589

Investment Income $84,852

Other Revenue $0

TOTAL REVENUE $458,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $451,121

Other Expenses $524,636

TOTAL EXPENSES $524,636

Year-over-Year Comparison

	2024	2023	Change
Revenue	$458,044	$323,488	+0.4%
Expenses	$524,636	$462,069	+0.1%
Net Income	$-66,592	$-138,581	-0.5%

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

177

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DICK DAVIDSON	CHAIR	0.10	Officer Director	$0	$0	$0
LORI SCHAEFER WEATON	PAST CHAIR	0.10	Officer Director	$0	$0	$0
NICOLE CRAIN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL RALSTON	SECRETARY/TREASURER (END DEC 2024)	1.00	Officer Director	$0	$0	$0
KELLY BARRICK	DIRECTOR	0.10	Director	$0	$0	$0
MARY LANDHUIS	DIRECTOR	0.10	Director	$0	$0	$0
MICHELE WABER	DIRECTOR	0.10	Director	$0	$0	$0
NICOLE VAN KERREBROECK	DIRECTOR	0.10	Director	$0	$0	$0
CONNOR HARRINGTON	DIRECTOR	0.10	Director	$0	$0	$0
BARB BAKER	DIRECTOR	0.10	Director	$0	$0	$0
JILL BIDWELL	DIRECTOR	0.10	Director	$0	$0	$0
AMI BURNS	DIRECTOR	0.10	Director	$0	$0	$0
MATT DOTY	DIRECTOR	0.10	Director	$0	$0	$0
MATT FETT	DIRECTOR	0.10	Director	$0	$0	$0
ALEX GATES	DIRECTOR	0.10	Director	$0	$0	$0
MICHELE FARREL	DIRECTOR	0.10	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	$458,044	$524,636	$1,186,118	$-66,592
2024	$323,488	$462,069	$1,202,127	$-138,581
2023	$530,394	$519,868	$1,080,983	$10,526
2022	$680,350	$524,815	$1,004,678	$155,535
2021	$556,423	$499,836	$1,036,173	$56,587
2020	$484,804	$441,169	$949,589	$43,635
2019	$628,764	$585,391	$930,486	$43,373
2018	$559,395	$517,175	$831,290	$42,220

IOWA ASSOCIATION OF BUSINESS AND INDUSTRY FOUNDATION