Leonhard E Baak Charitable Trust
501(c)(92)
Only null% goes to programs Strong reserves
Leonhard E Baak Charitable Trust is a 501(c)(92) organization based in Sioux City, Iowa, with $190,600 in FY2024 revenue. CharityIndex grades it C+.
Po Box 147, Sioux City, IA, 51102 EIN 42-6576745
Revenue (FY2024)
$191K
▲ 26.0% vs prior year
Expenses (FY2024)
$201K
Net assets
$2.9M
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 Leonhard E Baak Charitable 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 rating172 mo reserves · -6% 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 Leonhard E Baak Charitable Trust: 172 mo reserves · -6% 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 Leonhard E Baak Charitable 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 Leonhard E Baak Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 147, Sioux City, IA, 51102
- City
- Sioux City
- State
- Iowa
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $94K (FY2016) to $191K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.9M
Operating margin
-5.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$0
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $190,600▲26.0% | $201,422▲9.2% | $2,885,666▼0.4% | $2,885,666▼0.4% | 990PF |
| 2023 | $151,324▲66.3% | $184,473▼7.2% | $2,896,782▼1.1% | $2,896,782▼1.1% | 990PF |
| 2022 | $90,975▼58.1% | $198,817▲11.4% | $2,929,567▼3.5% | $2,929,567▼3.5% | 990PF |
| 2021 | $217,341▲38.6% | $178,527▼1.8% | $3,037,224▲1.3% | $3,037,224▲1.3% | 990PF |
| 2020 | $156,834▲12.4% | $181,766▼3.7% | $2,999,346▼0.8% | $2,999,346▼0.8% | 990PF |
| 2019 | $139,533▼11.5% | $188,663▼3.3% | $3,023,204▼1.6% | $3,023,204▼1.6% | 990PF |
| 2018 | $157,602▲12.1% | $195,105▲11.0% | $3,070,861▼1.3% | $3,070,861▼1.3% | 990PF |
| 2017 | $140,607▲50.3% | $175,744▼8.0% | $3,110,250▼1.1% | $3,110,250▼1.1% | 990PF |
| 2016 | $93,554 | $191,103 | $3,145,230 | $3,145,230 | 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 Leonhard E Baak Charitable Trust a legitimate nonprofit?
- Yes. Leonhard E Baak Charitable Trust is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 42-6576745, based in Sioux City, Iowa.
- What is Leonhard E Baak Charitable Trust's EIN?
- Leonhard E Baak Charitable Trust's Employer Identification Number (EIN) is 42-6576745.
- How much revenue does Leonhard E Baak Charitable Trust report?
- Leonhard E Baak Charitable Trust reported $190,600 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leonhard E Baak Charitable Trust have?
- CharityIndex grades Leonhard E Baak Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for Leonhard E Baak Charitable Trust (EIN 42-6576745) 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.