IOWA COMMUNITY CAPITAL (EIN 421502371) - 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

Legal Domicile

Principal Officer

CRAIG DOWNS

Phone

5152120182

Tax Period

2022-07-01 to 2023-06-30

IOWA COMMUNITY CAPITAL is a small nonprofit in the Community Improvement sector that reported $500K in total revenue in fiscal year 2022. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $595K exceeded revenue, resulting in a 19% operating deficit.

Mission

THE MISSION OF IOWA COMMUNITY CAPITAL IS TO STRENGTHEN THE SOCIAL AND ECONOMIC WELL BEING OF INDIVIDUALS AND COMMUNITIES THROUGH FINANCIAL SERVICES. IOWA COMMUNITY CAPITAL PROVIDES LOANS TO LOW-AND MODERATE-INCOME INDIVIDUALS IN IOWA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $437,975

Program Service Revenue $0

Investment Income $57,459

Other Revenue $5,000

TOTAL REVENUE $500,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,926

Fundraising Expenses $0

Program Expenses $482,859

Other Expenses $404,705

TOTAL EXPENSES $594,631

Year-over-Year Comparison

	2022	2021	Change
Revenue	$500,434	$1,776,388	-0.7%
Expenses	$594,631	$400,736	+0.5%
Net Income	$-94,197	$1,375,652	-1.1%

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

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

$23,693

Total Directors

$23,693

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK EDELMAN	Chairman	4.00	Officer Director	$23,693	$0	$23,693
CRAIG DOWNS	Secretary	4.00	Officer Director	$0	$0	$0
CLARENCE MCGREGOR	Director	2.00	Director	$0	$0	$0
BURT CHOJNOWSKI	Director	2.00	Director	$0	$0	$0
ANN KINDWALL	Director	2.00	Director	$0	$0	$0
RANDY SCHMITZ	Treasurer	4.00	Officer Director	$0	$0	$0
RESHONDA YOUNG	Director	2.00	Director	$0	$0	$0
KYLE GULDENPHENNIG	Director	2.00	Director	$0	$0	$0
CHERYL ERB	Director	2.00	Director	$0	$0	$0
BILL MENNER	Director	2.00	Director	$0	$0	$0
VINCE LINTZ	Director	2.00	Director	$0	$0	$0
VIRGINIA STADLER	Director	2.00	Director	$0	$0	$0
TRACY JON SARGEANT	Director	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$500,434	$594,631	$2,399,096	$-94,197
2022	$1,776,388	$400,736	$2,471,585	$1,375,652
2021	$798,158	$431,780	$1,090,594	$366,378
2020	$651,223	$328,634	$722,933	$322,589

IOWA COMMUNITY CAPITAL