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Human Services : Social Services (Grantmaking)

Variety the Children's Charity of Iowa

Dedicated to improving the lives of underprivileged, at-risk and special needs children throughout Iowa.

three stars

87.25

505 Fifth Avenue Suite 310
Des Moines, IA 50309
tel: (515) 243-4660   Web Site
EIN: 42-6077108

Board Leadership
Steve Hauschilt
President

CEO
Sheri McMichael
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.25 three stars
  Financial 90.00 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 05/01/2017 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

90.00

Accountability & Transparency

three stars

85.00

This rating was published 05/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
88.6%
  Administrative Expenses 3.3%
  Fundraising Expenses 7.9%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.20
  Program Expenses Growth 7.1%
  Liabilities to Assets 38.3%
All data for Financial Performance Metrics calculations was provided by Variety the Children's Charity of Iowa on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Variety the Children's Charity of Iowa on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Variety the Children's Charity of Iowa (IA) 87.25 three stars
Saddle Up! (TN) 90.75 four stars
4 Paws for Ability (OH) 94.69 four stars
All About Developmental Disabilities (GA) 90.53 four stars
Jewelers for Children (NY) 88.31 three stars

Compare These Charities (Highly Rated)

Founded in 1937, Variety the Children's Charity of Iowa is dedicated to improving the lives of underprivileged, at-risk and special needs children throughout Iowa. Due to the generous support of individuals and the corporate community, Variety has provided funding for capital projects, essential medical equipment and special programs to more than 300 charities throughout Iowa and neighboring states. In addition, over 280 Sunshine Coaches are transporting kids across the state.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $172,970
   Federated Campaigns $0
   Membership Dues $2,496
   Fundraising Events $3,508,188
   Related Organizations $0
   Government Grants $0
Total Contributions $3,683,654
   Program Service Revenue $0
Total Primary Revenue $3,683,654
   Other Revenue $-228,294
TOTAL REVENUE $3,455,360
   
EXPENSES  
   Program Expenses $2,934,947
   Administrative Expenses $131,448
   Fundraising Expenses $262,638
TOTAL FUNCTIONAL EXPENSES $3,329,033
   
Payments to Affiliates $29,776
Excess (or Deficit) for the year $126,327
   
Net Assets $1,134,237

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grant Distribution to Serve Children $2,934,947 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-09 05/01/2017 87.25 three stars
2014-09 10/01/2016 82.88 three stars
2014-09 06/01/2016 82.88 three stars
 
CN 2.0
2014-09 11/01/2015 85.26 three stars
2013-09 03/01/2015 80.60 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 42-6077108
Name in IRS Master File VARIETY THE CHILDRENS CHARITY OF IOWA
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (160) Aid to the handicapped (see also 031)
(927) Fundraising
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1965
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012
  • September, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Founded in 1937, Variety the Children's Charity of Iowa is dedicated to improving the lives of underprivileged, at-risk and special needs children throughout Iowa. Due to the generous support of individuals and the corporate community, Variety has provided funding for capital projects, essential medical equipment and special programs to more than 300 charities throughout Iowa and neighboring states. In addition, over 280 Sunshine Coaches are transporting kids across the state.

Highly Rated

Charity Name & State Overall Score Overall Rating
Variety the Children's Charity of Iowa (IA) 87.25 three stars
Providence Child Center Foundation (OR) 90.10 four stars
Goodwill Industries of South Florida (FL) 88.22 three stars
Achievement Centers for Children (OH) 90.24 four stars
Saddle Up! (TN) 90.75 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Variety the Children's Charity of Iowa
505 Fifth Avenue
Suite 310
Des Moines, IA 50309
tel: (515) 243-4660
fax: (515) 243-5873
EIN: 42-6077108

Visit Web Site

Board Leadership

Steve Hauschilt
President

CEO

Sheri McMichael
Executive Director

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