IOWA ASSOCIATION OF CHRISTIAN SCHO… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

LYDIA QUICK

Phone

5152570282

Tax Period

2024-07-01 to 2025-06-30

IOWA ASSOCIATION OF CHRISTIAN SCHOOLS, founded in 2017, is a small nonprofit in the Education sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 296% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 33% operating margin.

Mission

To serve non-public Christian schools in the State of Iowa.

Program Service Accomplishments

Program 1

Expenses: $107,370 Revenue: $205,486

IACS provided service and support to 57 dues paying member schools representing over 11,377 students in the State of Iowa by offering monthly teleconferences, in -person meetings and seminars to...

IACS provided service and support to 57 dues paying member schools representing over 11,377 students in the State of Iowa by offering monthly teleconferences, in -person meetings and seminars to assist school leaders. We utilize communication tools to educate Iowans on school choice.

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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 $204,686

Program Service Revenue $0

Investment Income $0

Other Revenue $800

TOTAL REVENUE $205,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $10,537

Program Expenses $107,370

Other Expenses $136,703

TOTAL EXPENSES $136,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$205,486	$51,850	+3.0%
Expenses	$136,703	N/A	N/A
Net Income	$68,783	$51,850	+0.3%

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

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE DYKSTRA	DIRECTOR	2.00	Director	$0	$0	$0
BILL MEYER	DDIRECTOR AND SECRETARY	2.00	Officer Director	$0	$0	$0
RHONDA MOHR	DIRECTOR	2.00	Director	$0	$0	$0
AMY RUSH	DIRECTOR AND TREASURER	2.00	Officer Director	$0	$0	$0
TIM VAN SOELEN	DIRECTOR, CHAIR & PRESIDENT	2.00	Officer Director	$0	$0	$0
JULIA VEENSTRA	DIRECTOR	2.00	Director	$0	$0	$0
DAN ZYLSTRA	DIRECTOR, VICE CHAIR & VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LYDIA QUICK	EXECUTIVE DIRECTOR	40.00	Officer	$60,000	$0	$60,000

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	$205,486	$136,703	$154,326	$68,783

IOWA ASSOCIATION OF CHRISTIAN SCHOOLS