GREAT PUBLIC SCHOOLS FOR IOWA

EIN: 883979139 501(c)(3) Education

URBANDALE, IA

Total Revenue
$270,517
Total Expenses
$151,713
Total Assets
$249,118
Net Assets
$248,768
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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
2022
Legal Domicile
IA
Principal Officer
MARK JACOBS
Phone
5158297707
Tax Period
2023-01-01 to 2023-12-31

GREAT PUBLIC SCHOOLS FOR IOWA, founded in 2022, is a small nonprofit in the Education sector that reported $271K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 44% operating margin.

Mission

THE PRIMARY PURPOSE OF GREAT PUBLIC SCHOOLS FOR IOWA IS TO ADVANCE PUBLIC EDUCATION BY ADVOCATING FOR AND SUPPORTING THE DEVELOPMENT OF PUBLIC CHARTER SCHOOLS 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $270,500
Program Service Revenue $0
Investment Income $17
Other Revenue $0
TOTAL REVENUE $270,517

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,296
Fundraising Expenses $8,500
Program Expenses $57,741
Other Expenses $86,417
TOTAL EXPENSES $151,713

Year-over-Year Comparison

2023 2022 Change
Revenue $270,517 $130,000 +1.1%
Expenses $151,713 $37 +4099.4%
Net Income $118,804 $129,963 -0.1%
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

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Governance

Voting Members
1
Independent Members
1
Employees
1
Volunteers
1

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK JACOBS PRESIDENT 10.00
Officer 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
2023 $270,517 $151,713 $249,118 $118,804
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