IOWA CATHOLIC RADIO FOUNDATION

EIN: 821207492 501(c)(3) Religion

West Des Moines, IA

Total Revenue
$112,626
Total Expenses
$36,376
Total Assets
$1,235,166
Net Assets
$1,235,166
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IA
Principal Officer
Joe Teeling
Phone
5152231150
Tax Period
2025-01-01 to 2025-12-31

IOWA CATHOLIC RADIO FOUNDATION, founded in 2017, is a small nonprofit in the Religion sector that reported $113K in total revenue in fiscal year 2025. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $76K, a strong 68% operating margin.

Mission

Iowa Catholic Radio Foundation (the "Foundation") is a charitable foundation and nonprofit corporation organized under the laws of the State of Iowa. It has been established to raise funds and utilize those funds to support Iowa Catholic Radio and other Catholic media outlets as they fulfill religious and/or charitable purposes as set forth in 26 U.S.C. § 501 (c)(3). All of the funds raised by the Foundation will be utilized solely for said religious and/or charitable purposes and for the general operations necessary to maintain the Foundation itself.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $68,924
Program Service Revenue $0
Investment Income $43,702
Other Revenue $0
TOTAL REVENUE $112,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $25,000
Program Expenses $11,376
Other Expenses $11,376
TOTAL EXPENSES $36,376

Year-over-Year Comparison

2025 2024 Change
Revenue $112,626 $221,341 -0.5%
Expenses $36,376 $13,854 +1.6%
Net Income $76,250 $207,487 -0.6%
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
8
Independent Members
8
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Aviles Director 2
Director
$0 $0 $0
Joe Teeling President 4
Officer Director
$0 $0 $0
Joe Pollpeter Director 2
Director
$0 $0 $0
Don Seibel Treasurer 2
Officer Director
$0 $0 $0
Angel Grubb Director 2
Director
$0 $0 $0
Dale Helling Director 2
Director
$0 $0 $0
Rob Mauritz Director 2
Director
$0 $0 $0
Dave Leto Director 2
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 $112,626 $36,376 $1,235,166 $76,250
2024 $221,341 $13,854 $1,034,563 $207,487
2023 $608,903 $447,288 $827,451 $161,615
2022 $352,003 $206,083 $666,086 $145,920
2021 $523,345 $112,926 $535,166 $410,419
2020 $62,839 $1,779 $109,750 $61,060
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