Civic Intelligence

William Howard Charitable Trust

EIN 36-3205707 • 501(c)3 • Rockford, IL

Profile

To provide funding to its named beneficiary organizations which serve mentally or physically challenged children. In addition, the trust provides funding to its named beneficiary organizations which provide athletic and recreational opportunities for under-privileged children.

1401 N Second StRockford, IL 61107

n/A

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

5th percentile

-78%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-21%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$761,110

Down $445,264 (-37%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$761,110

Down $445,264 (-37%) from 2022

Revenue

Up

$232,739

Up $110,669 (+91%) from 2022

Expenses

Up

$415,215

Up $78,810 (+23%) from 2022

Net Income

Up

-$182,476

Up $31,859 (+15%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,349,969Liabilities 2010: $0Net Assets 2010: $2,349,9692010Assets 2011: $2,401,839Liabilities 2011: $0Net Assets 2011: $2,401,8392011Assets 2012: $2,484,690Liabilities 2012: $0Net Assets 2012: $2,484,6902012Assets 2013: $2,482,923Liabilities 2013: $0Net Assets 2013: $2,482,9232013Assets 2015: $2,163,219Liabilities 2015: $0Net Assets 2015: $2,163,2192015Assets 2016: $2,040,662Liabilities 2016: $0Net Assets 2016: $2,040,6622016Assets 2017: $1,861,530Liabilities 2017: $0Net Assets 2017: $1,861,5302017Assets 2018: $1,824,068Liabilities 2018: $0Net Assets 2018: $1,824,0682018Assets 2020: $1,490,490Liabilities 2020: $0Net Assets 2020: $1,490,4902020Assets 2021: $1,420,709Liabilities 2021: $0Net Assets 2021: $1,420,7092021Assets 2022: $1,206,374Liabilities 2022: $0Net Assets 2022: $1,206,3742022Assets 2024: $761,110Liabilities 2024: $0Net Assets 2024: $761,1102024

Highlighted filing

2024

Assets$761,110
Liabilities$0
Net Assets$761,110

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $125,0392010Expenses 2011: $109,6882011Expenses 2012: $104,2102012Revenue 2013: $89,634Expenses 2013: $91,401Net Income 2013: -$1,7672013Revenue 2015: $44,622Expenses 2015: $231,030Net Income 2015: -$186,4082015Revenue 2016: $22,925Expenses 2016: $145,482Net Income 2016: -$122,5572016Revenue 2017: $103,380Expenses 2017: $282,512Net Income 2017: -$179,1322017Revenue 2018: $164,523Expenses 2018: $201,985Net Income 2018: -$37,4622018Revenue 2020: $133,933Expenses 2020: $294,972Net Income 2020: -$161,0392020Revenue 2021: $203,409Expenses 2021: $273,190Net Income 2021: -$69,7812021Revenue 2022: $122,070Expenses 2022: $336,405Net Income 2022: -$214,3352022Revenue 2024: $232,739Expenses 2024: $415,215Net Income 2024: -$182,4762024

Highlighted filing

2024

Revenue$232,739
Expenses$415,215
Net Income-$182,476

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$0.23$0.42$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.12$0.34$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.20$0.27$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.49$0.13$0.29$0.16
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.00$1.82$0.16$0.20$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.00$1.86$0.10$0.28$0.18
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.04$0.02$0.15$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.16$0.00$2.16$0.04$0.23$0.19
2013Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.09$0.09$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.00$2.48$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.00$2.40$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.00$2.35$0.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 19, 2019
Return Version
2018v3.1
Gross Receipts
$1,505,462
Mission and Program Overview

Mission

To provide funding to organizations which serve mentally or physically challenged children. In addition, the trust provides athletic and recreational opportunities for under-privileged children.

To provide funding to its named beneficiary organizations which serve mentally or physically challenged children. In addition, the trust provides funding to its named beneficiary organizations, which provide athletic and recreational opportunities for under-privileged children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,861,530$1,824,068▼ $37,462
Investments in Publicly Traded Securities$1,789,012$1,666,857▼ $122,155
Savings and Temporary Cash Investments$72,518$157,211▲ $84,693
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,861,530$1,824,068▼ $37,462
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,861,530$1,824,068▼ $37,462
Total Liabilities and Net Assets / Fund Balance$1,861,530$1,824,068▼ $37,462
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ben HolmstromTrustee
Charles BoxTrustee
Denver BitnerTrustee
Greg JuryTrustee
Nate HowardTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$71,082
Program Service Revenue
$0
Investment Income
$93,441
Other Revenue
$0
All Other Contributions
$71,082
Change in Net Assets
$-37,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$180,157
Other Expenses$21,828
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$180,157--$180,157
Fees for Services Accounting-$2,700-$2,700
Other Expenses$15--$15
Total Functional Expenses$199,285$2,700$0$201,985
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Association of RockfordLoves Park, IL-To Continue Funding Recreation Programs (team Sports) at Blackhawk and Northwest Community Centers.$50,000
YmcaRockford, IL-To Fund the After School Program at West View Elementary in Northwest Rockford.$45,000
WALTER LAWSON CHILDREN'S HOMELoves Park, IL-Removal of Existing Outdated Playground and Replace With Musical Playground Accessible by Wheelchair and Two-bay Ada Compliant Wheelchair Platform Swing. Paved Walkways for Ease in Transporting Residents to and Through the Playground Safely.$25,488
EasatersealsMachesney Park, IL-Fully Handicap Accessible, Sensory-focused Playground at Machesney Park Easterseals Academy.$20,000
Booker Washington Community CenterRockford, IL-To Continue to Support the Basketball, Football and Cheerleading Sports Programs for Youth.$12,719
Goldie B Floberg Center for ChildrenRockton, IL-To Support Programs That Provide Options for People With Developmental Disabilities$12,000
ROCVALE CHILDREN'S HOMERockford, IL-To Continue Funding the Boy Scout Program.$8,600
Ken-rock Community CenterRockford, IL-To Continue to Support the Youth Recreational and Athletic Programs.$6,350
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

During 2018 ben holmstrom was employed by a company owned directly and indirectly by nate howard.

Form 990, Part VI, Section B, Line 11B

Each member of the governing body is provided a copy of the 990 via email. The 990 is reviewed and comments are submitted by each member.

Form 990, Part VI, Section B, Line 12C

Each trustee must disclose to the other trustees any conflict of interest such trustee or a related party has regarding any transaction to be considered by the trust. On an annual basis, each trustee shall submit a disclosure list on which the trustee identifies all entities in which such trustee or a related party is an employee, officer, director, or consultant to or in which the trustee or a related party has a material financial interest. With respect to members of a trustee's family living outside the household, the trustee shall disclose such conflicts of which she/he has actual knowledge. In addition, the trustee shall annually sign a statement affirming that he/she has read the policy, agrees to comply with the policy and acknowledges he/she is not aware of any violations or discloses any known violations.

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
William Howard Charitable Trust
EIN
36-3205707
Phone
8156544711
Address
1401 N SECOND ST, ROCKFORD, IL 61107

Signing Officer

Name
Nate Howard
Title
Trustee
Phone
8156544711
Signed
2019-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nate Howard
Formed
1983
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Rsm US Llp
Address
1252 BELL VALLEY ROAD SUITE 300, ROCKFORD, IL 61108
Preparer
Matt Carlson
Phone
8152317300
Raw XML AppendixShowing 400 of 432 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/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ROCVALE CHILDRENS HOME
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1BOYS AND GIRLS ASSOCIATION OF ROCKFORD
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2KEN-ROCK COMMUNITY CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3GOLDIE B FLOBERG CENTER FOR CHILDREN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4BOOKER T WASHINGTON COMMUNITY CENTER
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO CONTINUE TO SUPPORT THE YOUTH RECREATIONAL AND ATHLETIC PROGRAMS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO FUND THE AFTER SCHOOL PROGRAM AT WEST VIEW ELEMENTARY IN NORTHWEST ROCKFORD.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO CONTINUE FUNDING THE BOY SCOUT PROGRAM.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO CONTINUE TO SUPPORT THE BASKETBALL, FOOTBALL AND CHEERLEADING SPORTS PROGRAMS FOR YOUTH.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO CONTINUE FUNDING RECREATION PROGRAMS (TEAM SPORTS) AT BLACKHAWK AND NORTHWEST COMMUNITY CENTERS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO SUPPORT PROGRAMS THAT PROVIDE OPTIONS FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6REMOVAL OF EXISTING OUTDATED PLAYGROUND AND REPLACE WITH MUSICAL PLAYGROUND ACCESSIBLE BY WHEELCHAIR AND TWO-BAY ADA COMPLIANT WHEELCHAIR PLATFORM SWING. PAVED WALKWAYS FOR EASE IN TRANSPORTING RESIDENTS TO AND THROUGH THE PLAYGROUND SAFELY.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7FULLY HANDICAP ACCESSIBLE, SENSORY-FOCUSED PLAYGROUND AT MACHESNEY PARK EASTERSEALS ACADEMY.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KEN-ROCK COMMUNITY CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ROCVALE CHILDREN'S HOME
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3BOOKER WASHINGTON COMMUNITY CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BOYS AND GIRLS ASSOCIATION OF ROCKFORD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5GOLDIE B FLOBERG CENTER FOR CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6WALTER LAWSON CHILDREN'S HOME
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7EASATERSEALS
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1200 Y BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt24450 N ROCKTON AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3524 KENT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt44920 FOREST HILLS ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt558 WEST ROCKTON ROAD PO BOX 346
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61820 WALTER LAWSON DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt78301 MITCHELL ROAD
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE TRUST FOLLOWS THE PROCEDURES BELOW FOR MONITORING ALL GRANTS AWARDED BY THE TRUST. ? EACH RECIPIENT AGENCY MUST SIGN A FORM INDICATING THAT THEY WILL USE THE GRANT MONEY SOLELY FOR THE PURPOSE INTENDED IN THE GRANT APPLICATION. ONLY WHEN THAT FORM IS RETURNED WILL THE CHECK BE ISSUED. ? AT THE END OF EACH CALENDAR YEAR, EACH RECIPIENT AGENCY MUST SUPPLY THE HOWARD TRUST WITH A WRITTEN REPORT AND SUPPORTING DOCUMENTATION SUCH AS PRESS CLIPPINGS, PHOTOS OR NEWS ARTICLES. THESE FOLLOW-UP DOCUMENTS DESCRIBE THE TIMETABLE AND SUMMARY OF THE PROJECT, EQUIPMENT, ACTIVITY OR PROGRAM THAT THE GRANT MONEY SUPPORTED. ? DURING THE YEAR, THE ADMINISTRATOR AND/OR THE TRUSTEES WILL TOUR THE FACILITIES AND SEE FIRST-HAND THE USE OF THE HOWARD TRUST GRANTS. SOMETIMES THESE VISITS ARE BY INVITATION OF THE AGENCY AND SOMETIMES, THEY ARE UNANNOUNCED CHECKS. ? IN FEBRUARY FOLLOWING THE COMPLETION OF THE CALENDAR YEAR, A SUMMARY REPORT IS GIVEN TO EACH TRUSTEE. THIS REPORT INCLUDES INFORMATION ON EACH GRANT THAT WAS GIVEN OUT THE PREVIOUS YEAR. THIS PROCEDURE HAS BEEN IN PLACE SINCE 1982. TRUSTEES REVIEW THIS PROCESS ON A REGULAR BASIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2018 BEN HOLMSTROM WAS EMPLOYED BY A COMPANY OWNED DIRECTLY AND INDIRECTLY BY NATE HOWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE GOVERNING BODY IS PROVIDED A COPY OF THE 990 VIA EMAIL. THE 990 IS REVIEWED AND COMMENTS ARE SUBMITTED BY EACH MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH TRUSTEE MUST DISCLOSE TO THE OTHER TRUSTEES ANY CONFLICT OF INTEREST SUCH TRUSTEE OR A RELATED PARTY HAS REGARDING ANY TRANSACTION TO BE CONSIDERED BY THE TRUST. ON AN ANNUAL BASIS, EACH TRUSTEE SHALL SUBMIT A DISCLOSURE LIST ON WHICH THE TRUSTEE IDENTIFIES ALL ENTITIES IN WHICH SUCH TRUSTEE OR A RELATED PARTY IS AN EMPLOYEE, OFFICER, DIRECTOR, OR CONSULTANT TO OR IN WHICH THE TRUSTEE OR A RELATED PARTY HAS A MATERIAL FINANCIAL INTEREST. WITH RESPECT TO MEMBERS OF A TRUSTEE'S FAMILY LIVING OUTSIDE THE HOUSEHOLD, THE TRUSTEE SHALL DISCLOSE SUCH CONFLICTS OF WHICH SHE/HE HAS ACTUAL KNOWLEDGE. IN ADDITION, THE TRUSTEE SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT HE/SHE HAS READ THE POLICY, AGREES TO COMPLY WITH THE POLICY AND ACKNOWLEDGES HE/SHE IS NOT AWARE OF ANY VIOLATIONS OR DISCLOSES ANY KNOWN VIOLATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TempOrPermanentEndowmentsInd00
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IRS990/TotalProgramServiceExpensesAmt0199285
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045877
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0164523
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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