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Education · 2024 Form 990

State University Of Iowa Foundation: $167.6M Revenue, $210.2M Expenses

Iowa City, Iowa · EIN 420796760 · Filing year 2024

State University Of Iowa Foundation reported $167.6M in total revenue, $210.2M in total expenses, and $2.2B in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $2.6M (1.55% of revenue). NonprofitTruth efficiency grade: D (45/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
45/100

Key Facts (2024 Form 990)

Total Revenue
$167.6M
Total Expenses
$210.2M
Total Assets
$2.2B
Reserve Months
123.4 months
Surplus / (Deficit)
$-42,599,872
EIN
420796760
Latest 990 Year
2024
Current-Officer Compensation
$2.6M
Officer Comp % of Revenue
1.55%

State University Of Iowa Foundation pulls a D on the efficiency rubric. The composite of 45/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Annual revenue at State University Of Iowa Foundation runs $167.6M (2024), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Reserves are the limiting factor: State University Of Iowa Foundation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: State University Of Iowa Foundation reports $2.6M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $167.6M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, State University Of Iowa Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$167.6M
Revenue
$210.2M
Expenses
$2.2B
Total Assets
$2.6M
Officer Compensation

How State University Of Iowa Foundation Compares

State University Of Iowa Foundation earns a NonprofitTruth efficiency grade of D (45/100). That is 19 points below the Education category average. Compensation for current officers and key employees represents 1.55% of total revenue. The organization holds 123.4 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$210.2M
Total Expenses
Filing year 2024
$2.6M
Officer Compensation
1.55% of revenue
123.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, State University Of Iowa Foundation reported $167.6M in revenue against $210.2M in total functional expenses for filing year 2024, holding roughly 123.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.6M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.55% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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State University Of Iowa Foundation has a NonprofitTruth Efficiency Score of D (45/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

State University Of Iowa Foundation, Donor FAQ

State University Of Iowa Foundation has a NonprofitTruth Efficiency Score of D (45/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

State University Of Iowa Foundation reports $2.6M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.55% of the organization's $167.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

State University Of Iowa Foundation reported $167.6M in annual revenue and $210.2M in total expenses for filing year 2024. The organization holds $2.2B in total assets.

State University Of Iowa Foundation holds approximately 123.4 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its D efficiency grade.

State University Of Iowa Foundation is a registered 501(c) organization with EIN 420796760, based in Iowa City, Iowa. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.