DES MOINES, IA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)IOWA CENTER LOAN FUND, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $369K in total revenue in fiscal year 2024. Revenue surged 264% from the prior year, signaling strong growth momentum.
THE MISSION OF THE IOWA CENTER LOAN FUND CDFI IS TO REDUCE PROVERTY AND INEQUALITY AND FURTHER COMMUNITY DEVELOPMENT BY PROVIDING ACCESS TO CAPITAL TO IOWANS STARTING OR EXPANDING A BUSINESS WHO DO NOT HAVE ACCESS TO TRADITIONAL FORMS OF FINANCIAL ASSISTANCE. THE LOAN FUND SERVES LOW-INCOME BUSINESS OWNERS, BUSINESS OWNERS WHO LIVE IN ECONOMICALLY DISTRESSED AREAS AND OTHERWISE DIVERSE OR HISTORICALLY-DISADVANTAGED BUSINESS OWNERS. THE LOAN FUND WILL PROVIDE RESPONSIBLE, AFFORDABLE LENDING TO EXPAND ECONOMIC OPPORTUNITY. IN ADDITION TO FINANCING, THE IOWA CENTER LOAN FUND PROVIDES APPLICANTS WITH TECHNICAL ASSISTANCE, CONNECTS CLIENTS WITH NECESSARY BUSINESS SERVICES AND OFFERS CREDIT COUNSELING TO IMPROVE CREDIT HISTORY.
THE ORGANIZATION PROVIDES NEW OR GROWING SMALL BUSINESSES WITH ACCESS TO CAPITAL. THE PROGRAM PROVIDES FIXED INTEREST RATE LOANS WITH UP TO 5-YEAR TERMS AND NO DOWN PAYMENTS REQUIRED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $369,185 | $101,298 | +2.6% |
| Expenses | $369,185 | $311,018 | +0.2% |
| Net Income | $0 | $-209,720 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CODEL FRANKLIN | CHAIR | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| MLIVIC NERMA | VICE CHAIR | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| PHILLIPS MARK | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| RHONE JODI | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| MILLIGAN MEGAN | PRESIDENT | 4.00 |
Officer
|
$0 | $9,756 | $147,256 |
| WISKUS DONNELL | VP OF FINANCE | 15.00 |
Officer
|
$0 | $5,505 | $107,880 |
| VENALES JOSE | DIRECTOR OF CREDIT | 15.00 |
Officer
|
$0 | $9,334 | $111,062 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $369,185 | $369,185 | $2,064,442 | No data |
| 2024 | $101,298 | $311,018 | $1,085,519 | $-209,720 |
Compare IOWA CENTER LOAN FUND with other nonprofits in Iowa and across the country.