IOWA EUROPEAN CULTURAL CONNECTION

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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

2014

Legal Domicile

Principal Officer

SUZANNE HULL

Phone

5152506366

Tax Period

2024-07-01 to 2025-06-30

IOWA EUROPEAN CULTURAL CONNECTION, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $414K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

EDUCATE THE PUBLIC ABOUT EUROPEAN CULTURE

Program Service Accomplishments

Program 1

Expenses: $362,481 Revenue: $372,395

CHRISTKINDLMARKET DES MOINES GERMAN INSPIRED CHRISMAS MARKET BRINGING GERMAN INSPIRED FOOD DRINK AND PRODUCTS. OVER 15,000 PARTICIPANTS

Program 2

Expenses: $250 Revenue: $310

EUROPEAN EVENTS - ROYAL MILE SCOTCH TASTING

Program 3

Expenses: $1,900 Revenue: $1,757

GERMAN LANGUAGE SCHOOL - SATURDAY SCHOOL

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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 $39,452

Program Service Revenue $374,557

Investment Income $0

Other Revenue $0

TOTAL REVENUE $414,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $364,631

Other Expenses $428,811

TOTAL EXPENSES $428,811

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,009	$310,328	+0.3%
Expenses	$428,811	$254,255	+0.7%
Net Income	$-14,802	$56,073	-1.3%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARKETA OLIVER	PRESIDENT	5.00	Officer Director	$0	$0	$0
JONATHAN HULL	SECRETARY	5.00	Officer Director	$0	$0	$0
ABBY KESSLER	TREASURER	5.00	Officer Director	$0	$0	$0
LISA BOURNE	DIRECTOR	5.00	Director	$0	$0	$0
SABLE JOSEPH	DIRECTOR	5.00	Director	$0	$0	$0
SUZANNE HULL	EXECUTIVE DI	10.00	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
2025	$414,009	$428,811	$123,012	$-14,802
2024	$310,328	$254,255	$137,828	$56,073
2023	$233,928	$228,739	$83,137	$5,189
2022	$214,405	$170,564	$80,125	$43,841