IOWA WOMEN'S FOUNDATION

EIN: 421431092 501(c)(3) Human Services

CORALVILLE, IA

Total Revenue
$1,368,499
Total Expenses
$943,038
Total Assets
$2,058,720
Net Assets
$2,039,098
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IA
Principal Officer
DEANN COOK
Phone
3197743813
Tax Period
2024-01-01 to 2024-12-31

IOWA WOMEN'S FOUNDATION, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $425K, a strong 31% operating margin.

Mission

THE IOWA WOMEN'S FOUNDATION IS COMMITTED TO IMPROVING THE LIVES OF IOWA'S WOMEN AND GIRLS. WE USE RESEARCH TO UNCOVER BARRIERS TO WOMEN'S SUCCESS AS WELL AS THEIR GREATEST NEEDS, AND WE INVEST OUR PASSION AND RESOURCES ACCORDINGLY.

Program Service Accomplishments

Program 1
Expenses: $304,000 Revenue: $5,670

IWF FACILITATES THREE ROBUST GRANT PROGRAMS. CORE GRANTS PROVIDE PROGRAMMATIC FUNDING TO SUPPORT PROGRAMS ACROSS THE STATE WORKING TO BREAK THE SIX IDENTIFIED BARRIERS TO WOMEN'S ECONOMIC...

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IWF FACILITATES THREE ROBUST GRANT PROGRAMS. CORE GRANTS PROVIDE PROGRAMMATIC FUNDING TO SUPPORT PROGRAMS ACROSS THE STATE WORKING TO BREAK THE SIX IDENTIFIED BARRIERS TO WOMEN'S ECONOMIC SELF-SUFFICIENCY: HOUSING, TRANSPORTATION, CHILDCARE, EDUCATION, EMPLOYMENT AND MENTORING. THE CHILD CARE SOLUTIONS FUND FOCUSES ON INCREASING WOMEN'S ECONOMIC SECURITY THROUGH ACCESS TO QUALITY, AFFORDABLE CHILDCARE. EMERGENCY GRANTS ARE ONE-TIME-ONLY CASH AWARDS GIVEN TO NONPROFITS AND COMMUNITY ORGANIZATIONS FOR IMMEDIATE EMERGENCY NEEDS. IWF AWARDED THIRTEEN GRANTS FOR $190,000 IN 2023.

Program 2
Expenses: $296,199 Revenue: $336

IOWA WOMEN'S FOUNDATION CONTINUED TO BE A CONVENOR AND CONNECTOR THROUGHOUT THE STATE TO BUILD LOCAL SOLUTIONS THAT CREATE MORE AFFORDABLE, ACCESSIBLE AND SAFE CHILDCARE SLOTS. IWF HAS PROVIDED DATA...

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IOWA WOMEN'S FOUNDATION CONTINUED TO BE A CONVENOR AND CONNECTOR THROUGHOUT THE STATE TO BUILD LOCAL SOLUTIONS THAT CREATE MORE AFFORDABLE, ACCESSIBLE AND SAFE CHILDCARE SLOTS. IWF HAS PROVIDED DATA, INFORMATION, CONSULTING AND RESOURCES TO 75 COMMUNITIES AND 150 EMPLOYERS TO PROVIDE TOOLS AND EXPERTISE. IWF HOSTED THE FIRST IOWA SOLUTIONS SUMMIT: CHILDCARE - BRINGING TOGETHER OVER 125 COMMUNITY LEADERS FROM ACROSS THE STATE TO LEARN BEST PRACTICES, UNDERSTAND POLICY CHANGES AND RECEIVE UPDATES FROM STATE DEPARTMENTS. IWF'S WORK WAS RECOGNIZED NATIONALLY IN THE BOSTON GLOBE, AMONG OTHER PUBLICATIONS, HIGHLIGHTING OUR CHILDCARE WORK. IWF STAFF WERE FREQUENT PRESENTERS AT CONFERENCES, FORUMS AND PANELS TO PROMOTE BETTER UNDERSTANDING OF CHILDCARE NEEDS AND SOLUTIONS IN IOWA.IWF CONTINUED TO FOSTER SUPPORT AND MENTORING FOR YOUNGER WOMEN THROUGH EVENTS IN PARTNERSHIPS WITH WOMEN IN BUSINESS GROUPS AT THE UNIVERSITY OF IOWA AND UNIVERSITY OF NORTHERN IOWA. IN ADDITION, IWF PARTNERED WITH DRAKE UNIVERSITY FOR A WOMEN IN SPORTS EVENT.IWF RECOGNIZED OVER 100 OUTSTANDING WOMEN SERVING THEIR COMPANIES, COMMUNITIES, NEIGHBORS AND FAMILIES THROUGH THE 10TH OVATION AWARDS. THIS PROGRAM IS AIMED AT PAYING TRIBUTE TO WOMEN ACROSS THE SPECTRUM FROM CEOS TO UNSUNG HEROES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,350,795
Program Service Revenue $0
Investment Income $51,393
Other Revenue $-33,689
TOTAL REVENUE $1,368,499

Expense Breakdown

Grants Paid $304,000
Salaries & Benefits $438,498
Fundraising Expenses $164,564
Program Expenses $600,199
Other Expenses $200,540
TOTAL EXPENSES $943,038

Year-over-Year Comparison

2024 2023 Change
Revenue $1,368,499 $1,210,970 +0.1%
Expenses $943,038 $793,957 +0.2%
Net Income $425,461 $417,013 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
100

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
$112,931
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE RIERSON BOARD CHAIR 5.00
Officer Director
$0 $0 $0
BARB BAKER BOARD VICE CHAIR 3.00
Officer Director
$0 $0 $0
MELISSA NESS TREASURER 3.00
Officer Director
$0 $0 $0
NICOLE CRAIN SECRETARY 2.00
Officer Director
$0 $0 $0
SHANELL WAGLER DIRECTOR-GRANTS CHAIR 3.00
Director
$0 $0 $0
LYDIA SAX DIRECTOR-GRANTS VICE CHAIR 3.00
Director
$0 $0 $0
ANDI REIM DIRECTOR 1.00
Director
$0 $0 $0
BRENDA MYERS DIRECTOR 1.00
Director
$0 $0 $0
SHELLEY HORAK DIRECTOR 1.00
Director
$0 $0 $0
JAIMIE MILLER DIRECTOR 1.00
Director
$0 $0 $0
LAURIE DAWLEY DIRECTOR 1.00
Director
$0 $0 $0
NICOLE HUBBELL DIRECTOR 1.00
Director
$0 $0 $0
DEANN COOK PRESIDENT AND CEO 40.00
Officer
$112,589 $342 $112,931
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 $1,368,499 $943,038 $2,058,720 $425,461
2023 $1,210,970 $793,957 $1,764,618 $417,013
2022 $1,063,755 $893,954 $1,568,714 $169,801
2021 $746,963 $446,855 $1,208,654 $300,108
2020 $647,144 $510,980 $875,640 $136,164
2019 $623,645 $429,918 $717,615 $193,727
2018 $491,043 $384,598 $472,760 $106,445
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