Operating record

Master Builders Of Iowa

Wdm, IA · EIN 42-0399720 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,570,333$2,399,215−$828,882-40.635%
2021$1,593,986$2,477,275−$883,289-41.635%
2022$2,865,317$3,026,312−$160,995-38.340%
2023$1,897,852$3,107,067−$1,209,215-42.140%

In its most recent public year (2023), this organization spent $1,209,215 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.1 months), down from -40.6 in 2020. Staff pay was 40% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗