jain.com
jain.comCharity Clarity

Charity Clarity › Look up a charity › Iowa

Limitless Potential Inc

Cedar Rapids, Iowa · EIN 27-2853497 · Human Services · tax-exempt since 2011

C

Charity Clarity grade C (score 64.8 of 100), based on the Form 990 for the year ended December 2024.

Graded against 76,556 human services nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.5.4 months100
GovernanceBoard independence, key policies and audit, per the 990.0% of practices0
Margin stabilityHow steady the surplus or deficit is year to year.79
Revenue spreadHow much revenue rests on one type of income.16% from one source78
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201520162017201920202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Dec 2024Form 990$1.54M$1.42M$113K$639K5.435C
Dec 2023Form 990$1.39M$1.25M$143K$436K4.233C
Dec 2022Form 990$849K$1.04M−$195K$293K3.424B
Dec 2021Form 990$1.05M$1.13M−$85K$488K5.231B
Dec 2020Form 990$1.51M$1.18M$332K$573K5.839B
Dec 2019Form 990$1.35M$1.16M$195K$241K2.538B
Dec 2017Form 990$990K$964K$26K−$97K-1.237C
Dec 2016Form 990$1.29M$1.26M$34K−$124K-1.260D
Dec 2015Form 990$918K$935K−$17K−$158K-2.054F

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

Similar human services charities in Iowa