Charles & Mildred Peterson Charitable Foundation
Only null% goes to programs Strong reserves
Charles & Mildred Peterson Charitable Foundation is a 501(c)(3) organization based in Manson, Iowa, registered in 2001, with $11,146 in FY2023 revenue. CharityIndex grades it C+.
8905 Twin Lakes Rd, Manson, IA, 50563 EIN 42-1519623 Since 2001
Revenue (FY2023)
$11K
▲ 72.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$5,900
Net assets
$329K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Charles & Mildred Peterson Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating669 mo reserves · +47% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charles & Mildred Peterson Charitable Foundation: 669 mo reserves · +47% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Charles & Mildred Peterson Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charles & Mildred Peterson Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8905 Twin Lakes Rd, Manson, IA, 50563
- City
- Manson
- State
- Iowa
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $101K (FY2015) to $11K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $329K
Operating margin
47.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$329K
Total liabilities
$0
Net assets
$329K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,146▲72.9% | $5,900▼66.0% | $329,021▲1.6% | $329,021▲1.6% | 990PF |
| 2022 | $6,446▼5.0% | $17,370▼61.9% | $323,775▼3.3% | $323,775▼3.3% | 990PF |
| 2021 | $6,786▼36.4% | $45,630▼73.0% | $334,699▼10.4% | $334,699▼10.4% | 990PF |
| 2020 | $10,670▼86.2% | $168,972▼67.9% | $373,543▼29.8% | $373,543▼29.8% | 990PF |
| 2019 | $77,044▲105% | $527,203▲1258% | $531,845▼45.8% | $531,845▼45.8% | 990PF |
| 2018 | $37,644▼92.2% | $38,834▼6.3% | $982,004▼0.1% | $982,004▼0.1% | 990PF |
| 2017 | $484,455▲1951% | $41,434▲1258% | $983,194▲337% | $983,194▲337% | 990PF |
| 2016 | $23,618▼76.7% | $3,052▼98.1% | $224,824▲10.0% | $224,824▲10.0% | 990PF |
| 2015 | $101,483 | $161,277 | $204,320 | $204,320 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Charles & Mildred Peterson Charitable Foundation a legitimate nonprofit?
- Yes. Charles & Mildred Peterson Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1519623, based in Manson, Iowa. Donations are tax-deductible.
- What is Charles & Mildred Peterson Charitable Foundation's EIN?
- Charles & Mildred Peterson Charitable Foundation's Employer Identification Number (EIN) is 42-1519623.
- How much revenue does Charles & Mildred Peterson Charitable Foundation report?
- Charles & Mildred Peterson Charitable Foundation reported $11,146 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Charles & Mildred Peterson Charitable Foundation have?
- CharityIndex grades Charles & Mildred Peterson Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Charles & Mildred Peterson Charitable Foundation (EIN 42-1519623) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.