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Filing year 2024

HEART OF IOWA SCHOOL TUITION ORGANIZATION INC

Urbandale, Iowa·EIN 20-5286383·NTEE B82 · Education·3
Total revenue
$1.7M
Total assets
$2.3M
Total expenses
$1.6M
Reported officers
15
Mission

ELEMENTARY & SECONDARY EDUCATION: THE ORGANIZATION DISTRIBUTES FROM FUNDS RAISED IN THE FORM OF SCHOLARSHIPS TO LOW INCOME FAMILIES. LOW INCOME IS DEFINED AS FAMILIES WITH INCOME LESS THAN FOUR TIMES THE POVERTY LEVEL FOR THEIR HOUSEHOLD. THE STATE REQUIRES THAT 90% OF THE FUNDS BE DISTRIBUTED TO THESE FAMILIES, WHICH IS ALWAYS COMPLIED WITH, BUT USUALLY AT LEAST 99% OF THE DONATIONS HAVE BEEN DISTRIBUTED TO STUDENTS ATTENDING STATE ACCREDITED NON-PUBLIC SCHOOLS.

Reported officers (all unpaid)

No paid executives reported in 2024. HEART OF IOWA SCHOOL TUITION ORGANIZATION INC reported 15 unpaid officers and board members on its 990.

Treasurer
Director
Director
Director
Secretary
Director
Director
Director
Director
Director
Director
Director
Director
President
Director
Financial trend

Revenue and expenses over time

HEART OF IOWA SCHOOL TUITION ORGANIZATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2M
$2.6M
2023
$1.7M
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Iowa

HEART OF IOWA SCHOOL TUITION ORGANIZATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Iowa earns a median of $42,388.

25th percentile
$10k
Median
$42,388
75th percentile
$135k
90th percentile
$402k

These are education sector-wide figures, not this organization's reported pay. Based on 86 organizations across 86 filings (2021 – 2023).

See full Education pay data for Iowa
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