Albia Area Improvement Association
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Albia Area Improvement Association is a 501(c)(3) organization based in Albia, Iowa, registered in 1992, with -$30,030 in FY2023 revenue. CharityIndex grades it F.
1 Benton Ave W, Albia, IA, 52531 EIN 42-1218704 Since 1992
Revenue (FY2023)
-$30K
▼ 138.6% vs prior year
Expenses (FY2023)
$39K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Albia Area Improvement Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating346 mo reserves · -231% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albia Area Improvement Association: 346 mo reserves · -231% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Albia Area Improvement Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albia Area Improvement Association: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $153K (FY2013) to -$30K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.1M
Operating margin
-231.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$30,030▼139% | $39,411▲17.7% | $1,137,172▼5.8% | $1,137,172▼5.8% | 990 |
| 2022 | $77,824▼85.1% | $33,479▼50.5% | $1,206,613▲3.8% | $1,206,613▲3.6% | 990 |
| 2021 | $521,733▲55.5% | $67,610▼0.9% | $1,162,268▲64.1% | $1,165,128▲56.6% | 990 |
| 2020 | $335,500▲558% | $68,225▼4.4% | $708,145▲60.6% | $744,146▲68.7% | 990 |
| 2019 | $50,965▼57.4% | $71,365▲43.2% | $440,870▼4.4% | $441,183▼4.6% | 990 |
| 2018 | $119,629▲10.2% | $49,823▼8.5% | $461,270▲17.8% | $462,372▲17.9% | 990 |
| 2017 | $108,585▼25.2% | $54,449▼47.4% | $391,464▲16.0% | $392,229▲16.3% | 990 |
| 2016 | $145,192▲108% | $103,470▲21.7% | $337,328▲14.1% | $337,328▲13.7% | 990 |
| 2015 | $69,685▼11.1% | $85,019▼13.9% | $295,606▼4.9% | $296,606▼4.6% | 990 |
| 2014 | $78,425▼48.6% | $98,776▲18.8% | $310,940▼6.1% | $310,940▼6.1% | 990 |
| 2013 | $152,613 | $83,169▲33.5% | $331,291▲26.5% | $331,291▲8.7% | 990 |
| 2012 | — | $62,320▼8.1% | $261,847▲13.5% | $304,655▲9.4% | 990 |
| 2011 | — | $67,799 | $230,676 | $278,364 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $102K total
6 grants to Albia Area Improvement Association totaling $102K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | King opera house | 2024 | $6,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2021 | $12,000 |
| Community Fdn of Greater Des Moines | King opera house facade replacement | 2019 | $23,500 |
| Community Fdn of Greater Des Moines | King opera house facade replacement | 2018 | $23,500 |
| Community Fdn of Greater Des Moines | Grant distribution for various programs and schools in albia community school district | 2017 | $24,500 |
| Community Fdn of Greater Des Moines | Grant distribution for development of property for theater expansion | 2016 | $12,000 |
Frequently asked questions
- Is Albia Area Improvement Association a legitimate nonprofit?
- Yes. Albia Area Improvement Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1218704, based in Albia, Iowa. Donations are tax-deductible.
- What is Albia Area Improvement Association's EIN?
- Albia Area Improvement Association's Employer Identification Number (EIN) is 42-1218704.
- How much revenue does Albia Area Improvement Association report?
- Albia Area Improvement Association reported -$30,030 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Albia Area Improvement Association have?
- CharityIndex grades Albia Area Improvement Association F, based on financial health (reserves and operating margin).
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Data for Albia Area Improvement Association (EIN 42-1218704) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.