Iowa Association of Business and Industry Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO DELIVER PROGRAMS AND TO CONDUCT RESEARCH FOR THE BENEFIT OF STUDENTS, EDUCATORS, EMERGING LEADERS AND EMPLOYERS THAT EXPAND THEIR KNOWLEDGE AND ENHANCE THEIR INDIVIDUAL RESPONSIBILITY AND LEADERSHIP SKILLS.
- Income
- $458,044
- Spending
- $524,636
- Spent on programs
- 86%
- Reserves
- 9.5 months of spending
- Largest source of income
- donations and private grants, 49%
- Employees
- 0
- Volunteers
- 177
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 82 out of 100. Higher than 62% of charities in its peer group (youth development, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.5 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
4 of 15Spending exceeded income by 15% of income.
Income trend
15 of 15Income rose 42% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 80% of charities in its peer group (youth development, $250k to $1m).
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $231,262 spent. LEADERSHIP IOWA EXISTS TO EDUCATE, MOTIVATE AND DEVELOP A NETWORK OF INFORMED LEADERS THROUGHOUT THE STATE AND TO ENCOURAGE ONGOING ENGAGEMENT IN LOCAL COMMUNITIES AND THE STATE TO CREATE A BETTER FUTURE FOR IOWANS.
- $129,438 spent. BUSINESS HORIZONS EDUCATES IOWA HIGH SCHOOL STUDENTS ABOUT ECONOMICS, THE FREE ENTERPRISE SYSTEM, ENTREPRENEURSHIP, SKILLS NEEDED TO BE SUCCESSFUL IN TODAY'S WORKPLACE, LEADERSHIP AND BUSINESS OPPORTUNITIES, AND WHY IOWA IS A GREAT PLACE TO LIVE AND WORK DURING THIS UNIQUE ONE-WEEK SUMMER PROGRAM.
- $76,901 spent. LEADERSHIP IOWA UNIVERSITY IS A PROGRAM DESIGNED TO EDUCATE, INSPIRE, AND DEVELOP YOUNG LEADERS AS THE FOUNDATION FOR IOWA'S FUTURE ECONOMIC GROWTH AND TO ENCOURAGE THEIR ONGOING INVOLVEMENT IN LOCAL COMMUNITIES AND THE STATE TO CREATE A BETTER FUTURE FOR ALL IOWANS.
- $13,520 spent. ELEVATE IOWA IS A STATEWIDE, INTEGRATED CAMPAIGN TO ENCOURAGE CAREERS AND EDUCATIONAL PATHWAYS IN ADVANCED MANUFACTURING. THIS BEGINS WITH BUILDING A POSITIVE PERCEPTION OF THESE CAREERS WHILE ADDRESSING MISCONCEPTIONS OF WORK ENVIRONMENT, SAFETY, AND WAGES.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.