Civic Intelligence

Iowa Able Foundation

EIN 42-1438621 • 501(c)3 • Ames, IA

Profile

The iowa able foundation empowers iowans with disabilities, their families, and the aging to achieve and maintain independence through lending, educating, and advancing.

130 S Sheldon Ave Ste 201Ames, IA 50014

www.ableupiowa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.22x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.72x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

98th percentile

$65,575

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 50.6% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

43rd percentile

0.6%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-10%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$717,867

Down $5,290 (-0.7%) from 2023

Liabilities

Down

$106,832

Down $51,644 (-33%) from 2023

Net Assets

Up

$611,035

Up $46,354 (+8.2%) from 2023

Revenue

Down

$189,752

Down $31,630 (-14%) from 2023

Expenses

Down

$288,699

Down $3,635 (-1.2%) from 2023

Net Income

Down

-$98,947

Down $27,995 (-39%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,171,804Liabilities 2011: $0Net Assets 2011: $1,171,8042011Assets 2012: $1,016,581Liabilities 2012: $192Net Assets 2012: $1,016,3892012Assets 2013: $876,618Liabilities 2013: $0Net Assets 2013: $876,6182013Assets 2014: $762,375Liabilities 2014: $0Net Assets 2014: $762,3752014Assets 2015: $593,601Liabilities 2015: $2,523Net Assets 2015: $591,0782015Assets 2016: $526,849Liabilities 2016: $12,432Net Assets 2016: $514,4172016Assets 2017: $441,979Liabilities 2017: $7,010Net Assets 2017: $434,9692017Assets 2018: $367,350Liabilities 2018: $4,049Net Assets 2018: $363,3012018Assets 2019: $435,173Liabilities 2019: $12,665Net Assets 2019: $422,5082019Assets 2020: $498,901Liabilities 2020: $9,805Net Assets 2020: $489,0962020Assets 2021: $797,537Liabilities 2021: $72,100Net Assets 2021: $725,4372021Assets 2022: $718,508Liabilities 2022: $15,108Net Assets 2022: $703,4002022Assets 2023: $723,157Liabilities 2023: $158,476Net Assets 2023: $564,6812023Assets 2024: $717,867Liabilities 2024: $106,832Net Assets 2024: $611,0352024

Highlighted filing

2024

Assets$717,867
Liabilities$106,832
Net Assets$611,035

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $163,465Expenses 2011: $304,738Net Income 2011: -$141,2732011Revenue 2012: $62,192Expenses 2012: $217,607Net Income 2012: -$155,4152012Revenue 2013: $64,920Expenses 2013: $204,691Net Income 2013: -$139,7712013Revenue 2014: $59,474Expenses 2014: $173,717Net Income 2014: -$114,2432014Revenue 2015: $68,144Expenses 2015: $239,441Net Income 2015: -$171,2972015Revenue 2016: $121,652Expenses 2016: $198,313Net Income 2016: -$76,6612016Revenue 2017: $129,620Expenses 2017: $209,068Net Income 2017: -$79,4482017Revenue 2018: $106,469Expenses 2018: $178,137Net Income 2018: -$71,6682018Revenue 2019: $281,434Expenses 2019: $222,277Net Income 2019: $59,1572019Revenue 2020: $315,470Expenses 2020: $249,181Net Income 2020: $66,2892020Revenue 2021: $561,573Expenses 2021: $325,232Net Income 2021: $236,3412021Revenue 2022: $246,307Expenses 2022: $279,231Net Income 2022: -$32,9242022Revenue 2023: $221,382Expenses 2023: $292,334Net Income 2023: -$70,9522023Revenue 2024: $189,752Expenses 2024: $288,699Net Income 2024: -$98,9472024

Highlighted filing

2024

Revenue$189,752
Expenses$288,699
Net Income-$98,947

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.11$0.61$0.19$0.29$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.16$0.56$0.22$0.29$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.02$0.70$0.25$0.28$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.07$0.73$0.56$0.33$0.24
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.01$0.49$0.32$0.25$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.42$0.28$0.22$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.36$0.11$0.18$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$0.13$0.21$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.01$0.51$0.12$0.20$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.07$0.24$0.17
2014Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.06$0.17$0.11
2013Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.06$0.20$0.14
2012Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$0.06$0.22$0.16
2011Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$0.16$0.30$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 16, 2026
Return Version
2023v6.0
Gross Receipts
$189,752
Mission and Program Overview

Mission

The iowa able foundation empowers iowans with disabilities, their families, and the aging to achieve and maintain independence through lending, educating, and advancing.

Administer loan programs for people with disablities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$346,734$347,019▲ $285
Savings and Temporary Cash Investments$322,650$330,679▲ $8,029
Cash and Non-Interest-Bearing Accounts$38,845$40,169▲ $1,324
Investments in Publicly Traded Securities$13,041--
Prepaid Expenses and Deferred Charges$1,887--
Total Assets$723,157$717,867▼ $5,290
Liabilities
Other Liabilities$150,664$96,377▼ $54,287
Accounts Payable and Accrued Expenses$2,812$5,455▲ $2,643
Deferred Revenue$5,000$5,000→ $0
Total Liabilities$158,476$106,832▼ $51,644
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$291,544$611,035▲ $319,491
Net Assets With Donor Restrictions$273,137--
Total Net Assets Fund Balance$564,681$611,035▲ $46,354
Total Liabilities and Net Assets / Fund Balance$723,157$717,867▼ $5,290
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kyle GuldenpfenigPresident
John MccalleyDirector
Lekeisha VeasleyDirector
Mark EdelmanDirector
Vienna HoangDirector
Jeff WilliamsInterim Dire
Shelley GarringtonSecretary
Virginia StadlerTreasurer
Nicole LarsonVice Preside
Rebeca HedlundVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$179,778
Program Service Revenue
$8,906
Investment Income
$1,068
Other Revenue
$0
All Other Contributions
$179,778
Change in Net Assets
$-98,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$173,603
Other Expenses$115,096
Total Fundraising Expense$3,069
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$124,105$32,733-$156,838
Payroll Taxes$8,037$2,679-$10,716
Advertising$7,595-$3,069$10,664
Office Expenses$7,896--$7,896
Occupancy$6,804--$6,804
Other Expenses$6,556--$6,556
Fees for Services Accounting-$6,217-$6,217
Other Employee Benefits$4,537$1,512-$6,049
Insurance$3,088--$3,088
All Other Expenses$2,180--$2,180
Fees for Services Management$661--$661
Total Functional Expenses$242,489$43,141$3,069$288,699
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$96,377
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 was reviewed at a meeting of the board of directors for approval before filing.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest gifts from customers: staff members have an obligation to maintain the highest standard of ethics. Specifically, each employee must: - immediately notify a member of the board of directors or executive director when aware of any improper or illegal activity that may directly or indirectly involve the company. - decline any gift offered in expectation of favorable treatment. - report any gift with a value of 100 or greater to the board president. - avoid any influence that might conflict with, or be thought to conflict with, the best interest of the iowa able. Outside employment: the company expressly prohibits employees from engaging in outside employment or work of any nature in any organization or firm that competes with or sells leases, or supplies goods or property (real or personal) or services to the iowa able. If an employee has questions about working for another employer, before accepting such employment the employee should submit a written request to the executive director for review and authorization. Business and community affairs: employees are encouraged to participate in professional, civic and community organizations and to promote our company in a positive manner not only when involved in one of these organizations but also within our iowa able. - participation in community activities must not adversely affect the employee's job performance, be detrimental to the company??s interests, or place the employee in the position of serving conflicting interests. - time spent on community affairs, when not undertaken at the request of management, should normally be outside of the employee's regular working hours and will not be considered hours of work for pay purposes. - when expressing opinions in a public forum employee have a responsibility to make clear whether the opinion is a personal one or one representing the iowa able. Any public communication (either in verbal or written formats) which might be considered as representing the company's position must be approved in advance by the company's senior management. Employees are not to discuss internal confidential matters in any public forum.

Form 990, Page 6, Part VI, Line 19

The foundation's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Iowa Able Foundation
EIN
42-1438621
Phone
5152922972
Address
130 S SHELDON AVE STE 201, AMES, IA 50014
Doing Business As
Able Up Iowa

Signing Officer

Name
Rebeca Hedlund
Title
Vice President
Phone
5152981871
Signed
2026-03-16

Organization Details

Principal Officer
Kyle Guldenpfenig
Formed
1993
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
6

Preparer

Firm
Community CPA & Associates Inc
Address
3816 INGERSOLL AVE, DES MOINES, IA 50312-3413
Preparer
Junyoung Lee
Phone
5152883188
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior year adjustment 145,301

Raw XML Appendix371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02679
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IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0545419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0298909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01438878
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-1215
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03173
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02191
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019769
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS REVIEWED AT A MEETING OF THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST GIFTS FROM CUSTOMERS: STAFF MEMBERS HAVE AN OBLIGATION TO MAINTAIN THE HIGHEST STANDARD OF ETHICS. SPECIFICALLY, EACH EMPLOYEE MUST: - IMMEDIATELY NOTIFY A MEMBER OF THE BOARD OF DIRECTORS OR EXECUTIVE DIRECTOR WHEN AWARE OF ANY IMPROPER OR ILLEGAL ACTIVITY THAT MAY DIRECTLY OR INDIRECTLY INVOLVE THE COMPANY. - DECLINE ANY GIFT OFFERED IN EXPECTATION OF FAVORABLE TREATMENT. - REPORT ANY GIFT WITH A VALUE OF 100 OR GREATER TO THE BOARD PRESIDENT. - AVOID ANY INFLUENCE THAT MIGHT CONFLICT WITH, OR BE THOUGHT TO CONFLICT WITH, THE BEST INTEREST OF THE IOWA ABLE. OUTSIDE EMPLOYMENT: THE COMPANY EXPRESSLY PROHIBITS EMPLOYEES FROM ENGAGING IN OUTSIDE EMPLOYMENT OR WORK OF ANY NATURE IN ANY ORGANIZATION OR FIRM THAT COMPETES WITH OR SELLS LEASES, OR SUPPLIES GOODS OR PROPERTY (REAL OR PERSONAL) OR SERVICES TO THE IOWA ABLE. IF AN EMPLOYEE HAS QUESTIONS ABOUT WORKING FOR ANOTHER EMPLOYER, BEFORE ACCEPTING SUCH EMPLOYMENT THE EMPLOYEE SHOULD SUBMIT A WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR FOR REVIEW AND AUTHORIZATION. BUSINESS AND COMMUNITY AFFAIRS: EMPLOYEES ARE ENCOURAGED TO PARTICIPATE IN PROFESSIONAL, CIVIC AND COMMUNITY ORGANIZATIONS AND TO PROMOTE OUR COMPANY IN A POSITIVE MANNER NOT ONLY WHEN INVOLVED IN ONE OF THESE ORGANIZATIONS BUT ALSO WITHIN OUR IOWA ABLE. - PARTICIPATION IN COMMUNITY ACTIVITIES MUST NOT ADVERSELY AFFECT THE EMPLOYEE'S JOB PERFORMANCE, BE DETRIMENTAL TO THE COMPANY??S INTERESTS, OR PLACE THE EMPLOYEE IN THE POSITION OF SERVING CONFLICTING INTERESTS. - TIME SPENT ON COMMUNITY AFFAIRS, WHEN NOT UNDERTAKEN AT THE REQUEST OF MANAGEMENT, SHOULD NORMALLY BE OUTSIDE OF THE EMPLOYEE'S REGULAR WORKING HOURS AND WILL NOT BE CONSIDERED HOURS OF WORK FOR PAY PURPOSES. - WHEN EXPRESSING OPINIONS IN A PUBLIC FORUM EMPLOYEE HAVE A RESPONSIBILITY TO MAKE CLEAR WHETHER THE OPINION IS A PERSONAL ONE OR ONE REPRESENTING THE IOWA ABLE. ANY PUBLIC COMMUNICATION (EITHER IN VERBAL OR WRITTEN FORMATS) WHICH MIGHT BE CONSIDERED AS REPRESENTING THE COMPANY'S POSITION MUST BE APPROVED IN ADVANCE BY THE COMPANY'S SENIOR MANAGEMENT. EMPLOYEES ARE NOT TO DISCUSS INTERNAL CONFIDENTIAL MATTERS IN ANY PUBLIC FORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR YEAR ADJUSTMENT 145,301
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0242489
IRS990/TotalFunctionalExpensesGrp/TotalAmt0288699
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158476
IRS990/TotalLiabilitiesEOYAmt0106832
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IRS990/TotalLiabilitiesGrp/EOYAmt0106832
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0611035
IRS990/TotalProgramServiceExpensesAmt0242489
IRS990/TotalProgramServiceRevenueAmt08906
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189752
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0130 S SHELDON AVE STE 201
IRS990/USAddress/CityNm0AMES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050014
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IRS990/WebsiteAddressTxt0WWW.ABLEUPIOWA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECA HEDLUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05152981871
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IOWA ABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IOWA
ReturnHeader/Filer/EIN0421438621
ReturnHeader/Filer/PhoneNum05152922972
ReturnHeader/Filer/USAddress/AddressLine1Txt0130 S SHELDON AVE STE 201
ReturnHeader/Filer/USAddress/CityNm0AMES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050014
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204041302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COMMUNITY CPA & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03816 INGERSOLL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0503123413
ReturnHeader/PreparerPersonGrp/PhoneNum05152883188
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUNYOUNG LEE
ReturnHeader/ReturnTs02026-03-16T23:10:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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