Civic Intelligence

Albert J Schmidt Trust

990PF • Fiscal year 2024 • EIN 27-6732089

Jan 01, 2024 to Dec 31, 2024 • Filed on May 08, 2025

Organization Profile
PO Box 928Burlington, IA 52601

(319) 754-2250

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.00x

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

2024 filings • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

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

2024 filings • $1M-$5M nonprofits • Source year 2024

Net Margin

85th percentile

43%

Higher net margin than 85% of similar nonprofits.

2024 filings • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$20,353

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2024 filings • $1M-$5M nonprofits • Source year 2024

Asset Growth

55th percentile

4.7%

Faster asset growth than 55% of similar nonprofits.

2024 filings • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

949%

Faster revenue growth than 98% of similar nonprofits.

2024 filings • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$1,975,394

Up $88,754 (+4.7%) from 2023

Net Assets

Up

$1,975,394

Up $88,754 (+4.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin85th percentile

Revenue

Up

$204,823

Up $185,305 (+949%) from 2023

Expenses

Down

$116,069

Down $1,925 (-1.6%) from 2023

Net Income

Up

$88,754

Up $187,230 (+190%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2017: $2,076,937Liabilities 2017: $0Net Assets 2017: $2,076,9372017Assets 2018: $2,058,555Liabilities 2018: $0Net Assets 2018: $2,058,5552018Assets 2019: $2,042,277Liabilities 2019: $0Net Assets 2019: $2,042,2772019Assets 2020: $1,876,878Liabilities 2020: $0Net Assets 2020: $1,876,8782020Assets 2021: $1,973,063Liabilities 2021: $0Net Assets 2021: $1,973,0632021Assets 2022: $1,985,116Liabilities 2022: $0Net Assets 2022: $1,985,1162022Assets 2023: $1,886,640Liabilities 2023: $0Net Assets 2023: $1,886,6402023Assets 2024: $1,975,394Liabilities 2024: $0Net Assets 2024: $1,975,3942024

Highlighted filing

2024

Assets$1,975,394
Liabilities$0
Net Assets$1,975,394
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $2,134,372Expenses 2017: $57,435Net Income 2017: $2,076,9372017Revenue 2018: $67,783Expenses 2018: $86,165Net Income 2018: -$18,3822018Revenue 2019: $81,590Expenses 2019: $97,868Net Income 2019: -$16,2782019Revenue 2020: -$48,864Expenses 2020: $116,535Net Income 2020: -$165,3992020Revenue 2021: $212,563Expenses 2021: $116,378Net Income 2021: $96,1852021Revenue 2022: $146,502Expenses 2022: $134,449Net Income 2022: $12,0532022Revenue 2023: $19,518Expenses 2023: $117,994Net Income 2023: -$98,4762023Revenue 2024: $204,823Expenses 2024: $116,069Net Income 2024: $88,7542024

Highlighted filing

2024

Revenue$204,823
Expenses$116,069
Net Income$88,754
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FARMERS MERCHANTS BANK TRUSTTrustee-$20,353-$20,353
Filing and Contact Details

Filer

Filer Name
Albert J Schmidt Trust
EIN
27-6732089
Phone
3197542250
Address
PO BOX 928, BURLINGTON, IA 52601

Signing Officer

Name
Farmers Merchants Bank Trust
Title
Trustee
Phone
3197542250
Signed
2025-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Menke & Company
Address
320 N 3RD ST STE 300, BURLINGTON, IA 52601-5313
Preparer
Jay W Henrich
Phone
3197532000
Raw XML Appendix261 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FARMERS MERCHANTS BANK TRUST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03197542250
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALBERT J SCHMIDT TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ALBE
ReturnHeader/Filer/EIN0276732089
ReturnHeader/Filer/PhoneNum03197542250
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 928
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421363298
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MENKE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 N 3RD ST STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0526015313
ReturnHeader/PreparerPersonGrp/PhoneNum03197532000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY W HENRICH
ReturnHeader/ReturnTs02025-05-12T16:13:02-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Displayed year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,975,394
Liabilities
$0
Net assets
$1,975,394
Revenue
$204,823
Expenses
$116,069
Net income
$88,754
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.20$0.12$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.02$0.12$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.15$0.13$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.21$0.12$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.05$0.12$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.08$0.10$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.07$0.09$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$2.13$0.06$2.08