GROW IOWA FOUNDATION (EIN 421441118) - 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

1995

Legal Domicile

Phone

6412021558

Tax Period

2024-01-01 to 2024-12-31

GROW IOWA FOUNDATION, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 63% operating margin.

Mission

PROVIDE FINANCIAL ASSISTANCE TO BUSINESSES AND INDIVIDUALS LOCATED IN SOUTHWEST IOWA IN ORDER TO FURTHER ECONOMIC DEVELOPMENT.

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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 $0

Program Service Revenue $99,489

Investment Income $105,866

Other Revenue $0

TOTAL REVENUE $205,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,013

Fundraising Expenses $0

Program Expenses $62,052

Other Expenses $29,180

TOTAL EXPENSES $76,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,355	$145,988	+0.4%
Expenses	$76,193	$72,657	+0.0%
Net Income	$129,162	$73,331	+0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRITNI BERGREN	Director	0.00	Director	$0	$0	$0
GARY ZABEL	secretary/treas	5.00	Director	$0	$0	$0
STEFANI KRAMER	Director	0.00	Director	$0	$0	$0
TYSEN CHRISTENSEN	President	1.00	Director	$0	$0	$0
ELAINE FARWELL	Director	1.00	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
2024	$205,355	$76,193	$4,269,294	$129,162
2023	$145,988	$72,657	$4,261,236	$73,331
2022	$76,478	$77,496	$4,281,392	$-1,018
2021	$95,648	$78,229	$4,389,907	$17,419
2020	$128,164	$79,041	$4,580,571	$49,123
2019	$139,215	$71,039	$4,637,833	$68,176
2018	$126,092	$70,610	$4,675,660	$55,482

GROW IOWA FOUNDATION