Iowa Area Development Group L C is a 501(c)(3) organization based in Des Moines, Iowa, registered in 2003, with $398,999 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$399K
▲ 35.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$258K
Net assets
$3.3M
Employees
—
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 Iowa Area Development Group L C— 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 Iowa Area Development Group L C: 154 mo reserves · +35% margin earns a B+ 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 Iowa Area Development Group L C— 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 Iowa Area Development Group L C: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $122K (FY2010) to $399K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
35.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $398,999▲35.7% | $258,184▲229% | $3,310,882▲9.3% | $3,310,882▲9.3% | 990 |
| 2023 | $293,982▲3.6% | $78,444▲39.0% | $3,027,941▲19.8% | $3,027,941▲19.8% | 990 |
| 2022 | $283,671▼25.4% | $56,454▼31.2% | $2,528,381▼5.8% | $2,528,381▼5.8% | 990 |
| 2021 | $380,383▲74.9% | $82,030▲33.8% | $2,684,124▲20.2% | $2,684,124▲20.2% | 990 |
| 2020 | $217,531▲0.4% | $61,313▲25.3% | $2,233,218▲16.4% | $2,233,218▲16.4% | 990 |
| 2019 | $216,712▼12.1% | $48,935▼14.9% | $1,917,938▲25.2% | $1,917,938▲24.7% | 990 |
| 2018 | $246,406▲4.6% | $57,514▼40.6% | $1,531,961▲1.1% | $1,538,211▲1.5% | 990 |
| 2017 | $235,586▲11.4% | $96,905▲78.0% | $1,515,105▲21.2% | $1,515,455▲21.2% | 990 |
| 2016 | $211,508▲16.4% | $54,429▲83.0% | $1,250,365▲13.1% | $1,250,365▲13.1% | 990 |
| 2015 | $181,662▲11.6% | $29,736▲7.5% | $1,105,915▲8.6% | $1,105,915▲8.6% | 990 |
| 2014 | $162,849▼1.9% | $27,667▼23.6% | $1,018,151▲15.9% | $1,018,151▲15.9% | 990 |
| 2013 | $165,953 | $36,201▲9.4% | $878,674▲24.2% | $878,674▲24.2% | 990 |
| 2012 | — | $33,085▲29.1% | $707,529▲23.7% | $707,529▲23.7% | 990 |
| 2011 | — | $25,634▲32.0% | $572,009▲16.3% | $572,009▲16.3% | 990 |
| 2010 | $121,819 | $19,415 | $491,848 | $491,848 | 990EZ |
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 Iowa Area Development Group L C (EIN 83-0361044) 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.