IOWA COOPERATIVE FOUNDATION (EIN 421305677) - 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

1987

Legal Domicile

Principal Officer

DR BOBBY MARTENS

Phone

5152922667

Tax Period

2024-06-01 to 2025-05-31

IOWA COOPERATIVE FOUNDATION, founded in 1987, is a micro nonprofit that reported $55K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $72K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE IOWA COOPERATIVE FOUNDATION IS ORGANIZED FOR CHARITABLE, SCIENTIFIC AND EDUCATION PURPOSES. THE FOUNDATION IS ORGANIZED, AND WILL BE OPERATED BY, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE CHARITABLE PURPOSE OF THE IOWA INSTITUTE FOR COOPERATIVES, AN IOWA NONPROFIT CORPORATION.

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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 $31,300

Program Service Revenue $0

Investment Income $23,922

Other Revenue $0

TOTAL REVENUE $55,222

Expense Breakdown

Grants Paid $72,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,500

Other Expenses $0

TOTAL EXPENSES $72,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,222	$59,364	-0.1%
Expenses	$72,500	$32,518	+1.2%
Net Income	$-17,278	$26,846	-1.6%

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

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

Total Directors

$1,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAYLOR JANS	PRESIDENT	0.20	Officer Director	$0	$0	$0
JASON BERKLAND	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
WIL MANWEILER	SECRETARY	0.20	Officer Director	$0	$0	$0
BRIAN THILGES	DIRECTOR	0.20	Director	$0	$0	$0
BRIAN LARSEN	DIRECTOR	0.20	Director	$0	$0	$1,800
COZY NELSEN	DIRECTOR	0.20	Director	$0	$0	$0
GREG HANSHAW	DIRECTOR	0.20	Director	$0	$0	$0
DR BOBBY MARTENS	STAFF LIAISON (CURRENT)	0.20	Officer	$0	$0	$0
DAVE HOLM	STAFF LIAISON (FORMER)	0.20		$0	$30,997	$306,313

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	$55,222	$72,500	$472,724	$-17,278
2024	$59,364	$32,518	$524,598	$26,846
2023	$57,971	$27,484	$475,185	$30,487
2022	$42,665	$26,442	$460,084	$16,223
2021	$39,932	$23,339	$433,087	$16,593
2020	$45,075	$21,347	$408,047	$23,728
2019	$58,970	$20,305	$382,259	$38,665

IOWA COOPERATIVE FOUNDATION