Chester P Luick Memorial Tr is a 501(c)(3) organization based in Belmond, Iowa, registered in 1975, with $60,421 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$60K
▼ 67.5% vs prior year
Expenses (FY2024)
$224K
Net assets
$618K
Employees
—
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 Chester P Luick Memorial Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Chester P Luick Memorial Tr: 33 mo reserves · -271% margin earns a F on this criterion. See the exact thresholds →
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 Chester P Luick Memorial Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Chester P Luick Memorial Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $142K (FY2019) to $60K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-271.0%
Spent more than it raised in the latest fiscal year.
Total assets
$618K
Total liabilities
$0
Net assets
$618K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,421▼67.5% | $224,133▲27.1% | $618,372▼16.6% | $618,372▼16.6% | 990PF |
| 2023 | $185,719▼22.8% | $176,339▼18.9% | $741,720▲0.9% | $741,720▲0.9% | 990PF |
| 2022 | $240,585▼16.3% | $217,310▼7.4% | $734,887▲3.3% | $734,887▲3.3% | 990PF |
| 2021 | $287,456▲229% | $234,591▲132% | $711,455▲8.0% | $711,455▲8.0% | 990PF |
| 2020 | $87,371▼38.5% | $101,311▲19.8% | $658,854▼1.3% | $658,854▼1.3% | 990PF |
| 2019 | $142,088 | $84,546 | $667,865 | $667,865 | 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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Data for Chester P Luick Memorial Tr (EIN 42-6178601) 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.