Civic Intelligence

Baxter Percival P Tr Uind

EIN 04-6091300 • 4947(a)1 • Pittsburgh, PA

Profile

The baxter percival p tr u/ind is a type iii organization which supports the following organization - baxter state park reserve

PO Box 185Pittsburgh, PA 15230-0185

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$50M-$100M nonprofits • Source year 2024

Net Margin

96th percentile

84%

Higher net margin than 96% of similar nonprofits.

$50M-$100M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$76,682

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

$50M-$100M nonprofits • Source year 2024

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

114%

Faster revenue growth than 90% of similar nonprofits.

$50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$71,526,939

Up $9,489,071 (+15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$71,526,939

Up $9,489,071 (+15%) from 2023

Revenue

Up

$11,146,425

Up $5,936,639 (+114%) from 2023

Expenses

Up

$1,832,929

Up $150,710 (+9.0%) from 2023

Net Income

Up

$9,313,496

Up $5,785,929 (+164%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2019: $50,957,472Liabilities 2019: $0Net Assets 2019: $50,957,4722019Assets 2020: $52,038,343Liabilities 2020: $0Net Assets 2020: $52,038,3432020Assets 2021: $55,111,049Liabilities 2021: $0Net Assets 2021: $55,111,0492021Assets 2022: $58,434,648Liabilities 2022: $0Net Assets 2022: $58,434,6482022Assets 2023: $62,037,868Liabilities 2023: $0Net Assets 2023: $62,037,8682023Assets 2024: $71,526,939Liabilities 2024: $0Net Assets 2024: $71,526,9392024

Highlighted filing

2024

Assets$71,526,939
Liabilities$0
Net Assets$71,526,939

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2019: $3,368,300Expenses 2019: $1,556,643Net Income 2019: $1,811,6572019Revenue 2020: $2,639,504Expenses 2020: $1,513,164Net Income 2020: $1,126,3402020Revenue 2021: $4,471,251Expenses 2021: $1,395,896Net Income 2021: $3,075,3552021Revenue 2022: $5,464,095Expenses 2022: $2,150,006Net Income 2022: $3,314,0892022Revenue 2023: $5,209,786Expenses 2023: $1,682,219Net Income 2023: $3,527,5672023Revenue 2024: $11,146,425Expenses 2024: $1,832,929Net Income 2024: $9,313,4962024

Highlighted filing

2024

Revenue$11,146,425
Expenses$1,832,929
Net Income$9,313,496

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Dec 23, 2024
Return Version
2023v5.1
Gross Receipts
$55,315,251
Mission and Program Overview

Mission

The baxter percival p tr u/ind is a type iii organization which supports the following organization - baxter state park reserve

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$62,037,868$71,526,939▲ $9,489,071
Investments in Publicly Traded Securities$61,464,574$70,619,639▲ $9,155,065
Savings and Temporary Cash Investments$573,294$907,300▲ $334,006
Total Assets$62,037,868$71,526,939▲ $9,489,071
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$62,037,868$71,526,939▲ $9,489,071
Total Liabilities and Net Assets / Fund Balance$62,037,868$71,526,939▲ $9,489,071
Compensation and Service Providers

Employees

NameTitleBaseTotal
Bny Mellon N aTrustee$76,682$76,682
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$11,064,553
Other Revenue
$81,872
Change in Net Assets
$9,313,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,614,521
Other Expenses$141,726
Salaries, Compensation, and Employee Benefits$76,682
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,614,521--$1,614,521
Current Officers, Directors, Trustees, and Key Employees$46,009$30,673-$76,682
Other Expenses$500$3,862-$3,862
Total Functional Expenses$1,661,030$171,899$0$1,832,929
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baxter State Park ReserveMillinocket, ME--$1,614,521
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VII, Section A, Line 1A, Column(B):

Average hours per week devoted to position: as trustee, bny mellon, n.a. Provides administrative services such as acting as investment manager for the named organization. These services require numerous individual bank employees' involvement in the activities of the organization and thus can not be quantified on an hourly basis. Therefore, the trustee fees are not based upon an hourly basis, but are calculated based upon factors such as the market value of the

Form 990, Part VII, Section A, Line 1A, Column(B): CONT

And in accordance with bny mellon's agreement with the client.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8A

This organization has a sole institutional trustee and does not have a governing body

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8B

This organization has a sole institutional trustee and does not have a governing body

Form 990, Page 6, Part VI, Line 11-description of Process for Review

NO PROCEDURES IN PLACE

Form 990, Page 6, Part VI, Line 19

No documents made available to the public

Filing and Contact Details

Filer

Filer Name
Baxter Percival P Tr Uind
EIN
04-6091300
Phone
6177227772
Address
PO BOX 185, PITTSBURGH, PA 15230-0185

Signing Officer

Name
Michael Stagis
Title
Vice President
Phone
6177227772
Signed
2024-12-23
Discuss with paid preparer
Yes

Organization Details

Formed
1927
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Pwc US Tax Llp
Address
301 GRANT STREET, PITTSBURGH, PA 15219
Preparer
Daniel Waltman
Phone
4123556000
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 4, 25A, 25B, 36

These questions are not applicable as this is a 4947(a)(1) organization

Form 990, Part V, Line 8, 9A, 9B:

These questions are not applicable as there is not a sponsoring organization maintaining donor advised funds

Form 990, Part V, Line 10, 11, 13:

These questions are not applicable as this is a 4947(a)(1) organization

Explanation for Form 990, Part XI, Line 9

The amount on this line represents the following adjustments: partnership distribution adjustment $158,460; partnership income adjustment $37,302; poai c/o from prior year $1,035; mutual fund timing adjustment $3,535; py roc adjustment $455; purchase of accrued interest ($21,107); cy pending sales ($3,802); tax lot basis adjustment ($33); cost basis adjustment ($270)

Raw XML Appendix377 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BAXTER PERCIVAL P TR U/IND IS A TRUST. BNYM SERVES AS TRUSTEE AND MEETS WITH BAXTER STATE PARK AUTHORITY SEVERAL TIMES A YEAR AND GIVES FULL
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1CONSIDERATION TO THEIR INPUT RELATIVE TO INVESTMENT MANAGEMENT OF THE TRUST. THE TRUSTEE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2CONSIDERATION TO THEIR INPUT RELATIVE TO INVESTMENT MANAGEMENT OF THE TRUST. THE TRUSTEE ALSO PROVIDES MONTHLY STATEMENTS AND QUARTERLY EXECUTIVE SUMMARIES TO THE ORGANIZATION AND CONSISTENTLY COMMUNICATES VIA IN PERSON MEETINGS, E-MAIL, AND PHONE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE BAXTER STATE PARK AUTHORITY DETERMINES AND REQUESTS (IN WRITING) AN ANNUAL DOLLAR AMOUNT AND A BUDGET TO SUPPORT THEIR REQUEST. REQUESTS ARE REVIEWED WITH THE BAXTER STATE PARK AUTHORITY AND BNYM. THE FINANCE COMMITTEE OF THE BAXTER STATE PARK IS AN ACTIVE PARTICIPANT IN DETERMINING THE INVESTMENT POLICIES FOR THE TRUST. AGAIN, BNY MELLON, AS TRUSTEE AND THE BAXTER STATE PARK AUTHORITY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt4ARE MUTUALLY COGNIZANT OF THEIR RESPECTIVE DUTIES TO THE BAXTER STATE PARK.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt5ALL OF THE UNEXPIRED INTERESTS IN THE TRUST ARE DEVOTED TO ONE OR MORE PURPOSES DESCRIBED IN SECTION 170(c)(1) OR (c)(2)(B). THE TRUST WAS CREATED UNDER THE AGREEMENT OF THE PERCIVAL P. BAXTER INDENTURE TRUST. NET INCOME IS REQUIRED TO BE DISTRIBUTED ANNUALLY. THE BAXTER STATE PARK AUTHORITY HAS THE RIGHT TO REQUEST PRINCIPAL FOR THE PURCHASE OR ACQUISITION OF ADDITIONAL LANDS OR OTHER LANDS FOR
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt6RECREATIONAL OR REFORESTATION FOR BAXTER STATE PARK. NO ADDITIONAL CONTRIBUTIONS HAVE BEEN MADE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt7HE TRUSTEE DOES NOT HAVE DISCRETION TO VARY THE AMOUNT OR THE CHARITABLE BENEFICIARIES
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IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01614521
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BAXTER STATE PARK RESERVE
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IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt01614521
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IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01614521
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BAXTER STATE PARK RESERVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt064 BALSAM DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILLINOCKET
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ME
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd004462
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NO PROCEDURES IN PLACE
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THESE QUESTIONS ARE NOT APPLICABLE AS THIS IS A 4947(A)(1) ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE QUESTIONS ARE NOT APPLICABLE AS THERE IS NOT A SPONSORING ORGANIZATION MAINTAINING DONOR ADVISED FUNDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE QUESTIONS ARE NOT APPLICABLE AS THIS IS A 4947(A)(1) ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, BNY MELLON, N.A. PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR THE NAMED ORGANIZATION. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CAN NOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AND IN ACCORDANCE WITH BNY MELLON'S AGREEMENT WITH THE CLIENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THIS ORGANIZATION HAS A SOLE INSTITUTIONAL TRUSTEE AND DOES NOT HAVE A GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THIS ORGANIZATION HAS A SOLE INSTITUTIONAL TRUSTEE AND DOES NOT HAVE A GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO PROCEDURES IN PLACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO DOCUMENTS MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE AMOUNT ON THIS LINE REPRESENTS THE FOLLOWING ADJUSTMENTS: PARTNERSHIP DISTRIBUTION ADJUSTMENT $158,460; PARTNERSHIP INCOME ADJUSTMENT $37,302; POAI C/O FROM PRIOR YEAR $1,035; MUTUAL FUND TIMING ADJUSTMENT $3,535; PY ROC ADJUSTMENT $455; PURCHASE OF ACCRUED INTEREST ($21,107); CY PENDING SALES ($3,802); TAX LOT BASIS ADJUSTMENT ($33); COST BASIS ADJUSTMENT ($270)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Line 4, 25a, 25b, 36
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part V, Line 8, 9a, 9b:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part V, Line 10, 11, 13:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VII, Section A, Line 1a, Column(b):
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VII, Section A, Line 1a, Column(b): CONT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt071526939
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IRS990/TotalAssetsGrp/EOYAmt071526939
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0171899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01661030
IRS990/TotalFunctionalExpensesGrp/TotalAmt01832929
IRS990/TotalGrossUBIAmt0-52619
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt062037868
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071526939
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt076682
IRS990/TotalRevenueGrp/ExclusionAmt011199044
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011146425
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-52619
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt062037868
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt071526939
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL STAGIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177227772
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAXTER PERCIVAL P TR UIND
ReturnHeader/Filer/BusinessNameControlTxt0BAXT
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ReturnHeader/Filer/PhoneNum06177227772
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 185
ReturnHeader/Filer/USAddress/CityNm0PITTSBURGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0152300185
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920460586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PWC US TAX LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 GRANT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015219
ReturnHeader/PreparerPersonGrp/PhoneNum04123556000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL WALTMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-12-23T14:01:15-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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