TPhilanthropy, Voluntarism & GrantmakingEIN: 861224925· Ruling Year: 2022

Bomgaars Family Foundation

Sioux City, Iowa

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org19.34×
Peer Median18.82×
💰
$1.4M
Total Revenue
📊
$202K
Total Expenses
🏦
$3.9M
Net Assets
📋
$13K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.4%
Year-over-year change (2022 → 2023)
Net Margin
+85.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.34
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$1,399,6452%$201,72056%$3,913,82875%
2022$1,367,1757%$129,57774%$2,242,20974%
2021$1,276,739$74,262$1,291,643

Frequently Asked Questions

What does Bomgaars Family Foundation do?

Bomgaars Family Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Iowa. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bomgaars Family Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Bomgaars Family Foundation has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bomgaars Family Foundation generate?

Revenue data for Bomgaars Family Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Bomgaars Family Foundation — Sioux City, IA | GiveScope