Iowa Scholastic Clay Target Program FY2020 filing

Oskaloosa, IA · Public charity (501(c)(3)) · Recreation & Sports

✓ Tax-deductible Latest data FY2020
Revenue
$22K
Spent
$39K
To programs
98%
Net assets
$243K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2010-05-15)
Per the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
1 funder — Midway USA Foundation INC
$48K in the latest grant year.
Spent on programs?
98% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CIowa Scholastic Clay Target Program
EINHdr · item D20-5520926
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2012
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item COskaloosa, IA
NTEE classificationIRS BMFRecreation & Sports (N61)
WebsiteHdr · item Jwww.iowasctp.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$38K
Management & general2%$602
Total functional expensesLn 25$39K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$22K
FY2020
Expenses
$39K
FY2020
Program efficiency
98%
of spending reaches programs
Operating runway
75.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-73%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$243K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19−$16K
Total assetsPt X · Ln 16$243K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$243K
Total assetsLn 16$243K
Total liabilitiesLn 26$0
Total net assetsLn 32$243K
Months of cash on handcomputed75.5

Statement of Revenue

Part VIII
Program service revenue$21K · 93%
Investment income$1K · 7%
Program service revenue93%$21K
Investment income7%$1K
Total revenueLn 12$22K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $243K · Operating expenses/yr $39K
75.5 months
Where the money goes
Program services
Program services $38K · Total expenses $39K
98%
Management & General
Management & general $602 · Total expenses $39K
2%
Fundraising
Fundraising $0 · Total expenses $39K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $22K
0%
Government reliance
Government grants — · Total revenue $22K
—
Earned-income share
Program service revenue $21K · Total revenue $22K
93%
Investment reliance
Investment income $1K · Total revenue $22K
+7%
Program self-sufficiency
Program service revenue $21K · Total expenses $39K
54%
Growth & trend
Revenue growth (YoY)
This year $22K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $243K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $22K · Expenses $39K
-73%
Liabilities-to-Assets
Total liabilities — · Total assets $243K
—
Net-asset ratio
Net assets $243K · Total assets $243K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $243K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patrick Cory · Reported title Director · Highest reported compensation $0 · Total expenses $39K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $39K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%——
Overhead ratio 2%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Iowa Scholastic Clay Target Program executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports school clay target shooting programs in Iowa.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $38K of program spending, described in the organization's own filed words · FY2020.
01

Support for youth, hight school, and collegiate level clay target shooting programs in Iowa.

$38Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$48K
Grants paid · 3 grants · $28K · 2020–2024

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $154K$189K-69% 990 PDF
FY2024 $501K$545K-1% 990 PDF
FY2023 $508K$474K+0.01% 990 PDF
FY2022 $508K$403K+33% 990 PDF
FY2021 $382K$336K×17 990 PDF
FY2020 Viewing $22K$39K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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