Community Improvement (S41)

ANKENY ECONOMIC DEVELOPMENT CORPORATION

EIN: 85-1566659 · ANKENY, IA 50021 · United States · FY 2023 Data

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Financial Overview — FY 2023

$118K

Total Revenue

$112K

Total Expenses

$142K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 100.0%

Fundraising Efficiency 0.0%

Operating Reserve 15.15x

Liability-to-Asset 15.6%

Revenue Diversification 97.8%

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$118K	$112K	$142K	100.0%	2
2022	$113K	$125K	N/A	—	3
2021	$910	$152K	N/A	—	2

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Organization Details

EIN: 85-1566659
State: IA
City: ANKENY
ZIP: 50021
Classification: S41
Category: Community Improvement
Last Updated: Oct 2025

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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