MAQUOKETA BETTERMENT CORPORATION

EIN: 421270680 501(c)(3)

MAQUOKETA, IA

Total Revenue
$675,611
Total Expenses
$32,771
Total Assets
$775,221
Net Assets
$752,864
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
IA
Principal Officer
STEPHANIE SAGERS
Phone
5636524602
Tax Period
2024-01-01 to 2024-12-31

MAQUOKETA BETTERMENT CORPORATION, founded in 1979, is a small nonprofit that reported $676K in total revenue in fiscal year 2024. Revenue surged 1691% from the prior year, signaling strong growth momentum. The organization ran a surplus of $643K, a strong 95% operating margin.

Mission

THE MAQUOKETA BETTERMENT CORPORATION WORKS TO IMPROVE QUALITY OF LIFE, ACCESSIBLE TO ALL, BY BETTERING THE LIVES, JOBS AND EDUCATION OF THE PEOPLE OF MAQUOKETA THROUGH: 1) SUPPORTING AND GROWING EXISTING BUSINESSES AND INDUSTRIES, AND WORKING TO ATTRACT NEW PROFESSIONALS TO THE COMMUNITY; 2) REVITALIZING THE DOWNTOWN AREA; AND 3) WORKING TO ATTRACT AND EXPAND NEW RECREATION, ARTS AND TOURISM OPPORTUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $662,720
Program Service Revenue $10,113
Investment Income $2,778
Other Revenue $0
TOTAL REVENUE $675,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,771
Other Expenses $32,771
TOTAL EXPENSES $32,771

Year-over-Year Comparison

2024 2023 Change
Revenue $675,611 $37,732 +16.9%
Expenses $32,771 $60,811 -0.5%
Net Income $642,840 $-23,079 -28.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
10

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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ABBOTT DIRECTOR N/A
Director
$0 $0 $0
BENJAMIN DAVISON VICE PRESIDE N/A
Officer Director
$0 $0 $0
CAROLINE EHLINGER DIRECTOR N/A
Director
$0 $0 $0
SARAH JONES SECRETARY N/A
Officer Director
$0 $0 $0
MARK LYON DIRECTOR N/A
Director
$0 $0 $0
KATIE PAULS PRESIDENT N/A
Officer Director
$0 $0 $0
STEPHANIE SAGERS TREASURER N/A
Officer Director
$0 $0 $0
JOSHUA BOLDT EX OFFICIO N/A
Officer
$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
2024 $675,611 $32,771 $775,221 $642,840
2023 $37,732 $60,811 $35,180 $-23,079
2022 $25,616 $19,274 $58,259 $6,342
2021 $60,256 $60,256 $51,917 No data
2020 $206 $10,590 $76,523 $-10,384
2019 $485,894 $528,443 $49,959 $-42,549
2018 $-70,123 $41,197 $438,497 $-111,320
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MAQUOKETA BETTERMENT CORPORATION with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.