Employee-contribution Veba Trust For Southern Methodist University is a 501(c)(9) organization based in Clinton, Iowa, registered in 2014, with $893,877 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$894K
▲ 19.1% vs prior year
Membership median: $185K
Expenses (FY2024)
$714K
Net assets
$1.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Employee-contribution Veba Trust For Southern Methodist University— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Employee-contribution Veba Trust For Southern Methodist University: 20 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
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 Employee-contribution Veba Trust For Southern Methodist University— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Employee-contribution Veba Trust For Southern Methodist University: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $947K (FY2014) to $894K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
20.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $893,877▲19.1% | $714,169▼4.0% | $1,177,998▲6.7% | $1,177,998▲6.7% | 990 |
| 2023 | $750,710▼9.1% | $744,241▼5.6% | $1,104,027▲9.0% | $1,104,027▲9.0% | 990 |
| 2022 | $826,069▼1.6% | $788,090▲0.5% | $1,012,498▼12.6% | $1,012,498▼12.6% | 990 |
| 2021 | $839,319▲1.3% | $784,486▲0.8% | $1,158,719▲5.4% | $1,158,719▲5.4% | 990 |
| 2020 | $828,151▲5.0% | $778,058▲3.0% | $1,099,701▲10.6% | $1,099,701▲10.6% | 990 |
| 2019 | $788,677▼5.9% | $755,648▼4.6% | $994,253▲14.5% | $994,253▲14.5% | 990 |
| 2018 | $838,335▼1.6% | $792,186▼2.7% | $868,480▼4.7% | $868,480▼4.7% | 990 |
| 2017 | $851,852▼0.5% | $813,847▼0.8% | $911,503▲12.5% | $911,503▲12.5% | 990 |
| 2016 | $855,912▼1.1% | $820,749▲5.3% | $810,059▲5.3% | $810,059▲5.3% | 990 |
| 2015 | $865,263▼8.7% | $779,217▼8.4% | $769,084▲5.3% | $769,084▲5.3% | 990 |
| 2014 | $947,239 | $851,106 | $730,123 | $730,123 | 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.
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Data for Employee-contribution Veba Trust For Southern Methodist University (EIN 04-7026329) 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.