Elmer O & Ida Preston Educational Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Elmer O & Ida Preston Educational Trust is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1960, with $208,951 in FY2024 revenue. CharityIndex grades it C+.
801 Grand Ave Ste 3700, Des Moines, IA, 50309 EIN 42-6053621 Since 1960
Revenue (FY2024)
$209K
▲ 102.4% vs prior year
Expenses (FY2024)
$184K
Net assets
$2.0M
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 Elmer O & Ida Preston Educational Trust— 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 rating127 mo reserves · +12% 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 Elmer O & Ida Preston Educational Trust: 127 mo reserves · +12% 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 Elmer O & Ida Preston Educational Trust— 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 Elmer O & Ida Preston Educational Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 801 Grand Ave Ste 3700, Des Moines, IA, 50309
- City
- Des Moines
- State
- Iowa
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $182K (FY2019) to $209K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82KNet assets $2.0M
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$82K
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $208,951▲102% | $184,275▲3.6% | $1,951,696▲1.3% | $2,033,196▲1.6% | 990PF |
| 2023 | $103,252▲157% | $177,899▲4.1% | $1,926,937▼3.7% | $2,000,812▼3.2% | 990PF |
| 2022 | $40,180▼88.1% | $170,900▼14.8% | $2,001,382▼5.8% | $2,066,632▼6.1% | 990PF |
| 2021 | $337,643▲115% | $200,559▲9.4% | $2,125,715▲7.1% | $2,200,215▲8.1% | 990PF |
| 2020 | $156,959▼13.6% | $183,289▲14.3% | $1,984,245▼1.1% | $2,035,245▼2.2% | 990PF |
| 2019 | $181,567 | $160,365 | $2,005,823 | $2,081,073 | 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.
Frequently asked questions
- Is Elmer O & Ida Preston Educational Trust a legitimate nonprofit?
- Yes. Elmer O & Ida Preston Educational Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-6053621, based in Des Moines, Iowa. Donations are tax-deductible.
- What is Elmer O & Ida Preston Educational Trust's EIN?
- Elmer O & Ida Preston Educational Trust's Employer Identification Number (EIN) is 42-6053621.
- How much revenue does Elmer O & Ida Preston Educational Trust report?
- Elmer O & Ida Preston Educational Trust reported $208,951 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elmer O & Ida Preston Educational Trust have?
- CharityIndex grades Elmer O & Ida Preston Educational Trust C+, based on financial health (reserves and operating margin).
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Data for Elmer O & Ida Preston Educational Trust (EIN 42-6053621) 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.