Civic Intelligence

Charles D Ingersoll Charitable Trust 5704

EIN 36-6015479 • 4947(a)1 • Canton, IL

Profile

To provide support to the Parlin-Ingersoll Library, Canton Union School, and Graham Hospital in Canton, Illinois.

100 West Elm StreetCanton, IL 61520

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2025

Net Margin

1st percentile

-372%

Higher net margin than 1% of similar nonprofits.

$10M-$25M nonprofits • Source year 2025

Top Officer Pay

35th percentile

$93,212

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 30.9% of source-year revenue.

$10M-$25M nonprofits • Source year 2025

Asset Growth

16th percentile

-4.9%

Faster asset growth than 16% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$22,841,784

Up $43,635 (+0.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$22,841,784

Up $43,635 (+0.2%) from 2023

Revenue

Down

$1,530,992

Down $304,894 (-17%) from 2023

Expenses

Down

$1,483,201

Down $28,666 (-1.9%) from 2023

Net Income

Down

$47,791

Down $276,228 (-85%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $21,872,743Liabilities 2010: $0Net Assets 2010: $21,872,7432010Assets 2011: $21,846,760Liabilities 2011: $0Net Assets 2011: $21,846,7602011Assets 2017: $20,713,278Liabilities 2017: $0Net Assets 2017: $20,713,2782017Assets 2019: $21,863,386Liabilities 2019: $0Net Assets 2019: $21,863,3862019Assets 2020: $20,705,830Liabilities 2020: $0Net Assets 2020: $20,705,8302020Assets 2021: $23,421,459Liabilities 2021: $0Net Assets 2021: $23,421,4592021Assets 2022: $22,457,118Liabilities 2022: $0Net Assets 2022: $22,457,1182022Assets 2023: $22,798,149Liabilities 2023: $0Net Assets 2023: $22,798,1492023Assets 2024: $22,841,784Liabilities 2024: $0Net Assets 2024: $22,841,7842024

Highlighted filing

2024

Assets$22,841,784
Liabilities$0
Net Assets$22,841,784

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,379,4652010Expenses 2011: $1,365,7252011Revenue 2017: $714,103Expenses 2017: $1,295,155Net Income 2017: -$581,0522017Revenue 2019: $893,566Expenses 2019: $1,303,252Net Income 2019: -$409,6862019Revenue 2020: $208,012Expenses 2020: $1,366,581Net Income 2020: -$1,158,5692020Revenue 2021: $4,144,735Expenses 2021: $1,426,924Net Income 2021: $2,717,8112021Revenue 2022: $605,030Expenses 2022: $1,548,097Net Income 2022: -$943,0672022Revenue 2023: $1,835,886Expenses 2023: $1,511,867Net Income 2023: $324,0192023Revenue 2024: $1,530,992Expenses 2024: $1,483,201Net Income 2024: $47,7912024

Highlighted filing

2024

Revenue$1,530,992
Expenses$1,483,201
Net Income$47,791

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 16, 2025
Return Version
2024v5.1
Gross Receipts
$7,535,348
Mission and Program Overview

Mission

To provide support to the Parlin-Ingersoll Library, Canton Union School, and Graham Hospital in Canton, Illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,396,651$22,186,688▼ $209,963
Cap Stk Tr Prin Current Funds$20,705,830$20,705,830→ $0
Rtn Earn Endowment Incm Other Fnds$2,092,319$2,135,954▲ $43,635
Savings and Temporary Cash Investments$401,498$655,096▲ $253,598
Total Assets$22,798,149$22,841,784▲ $43,635
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,798,149$22,841,784▲ $43,635
Total Liabilities and Net Assets / Fund Balance$22,798,149$22,841,784▲ $43,635
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Successor Trustee$91,774$91,774

Board Members and Trustees

NameTitle
-Former Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,530,184
Other Revenue
$808
Change in Net Assets
$47,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,378,668
Salaries, Compensation, and Employee Benefits$91,774
Other Expenses$12,759
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,378,668--$1,378,668
Current Officers, Directors, Trustees, and Key Employees-$91,774-$91,774
All Other Expenses-$9,659-$9,659
Fees for Services Accounting-$3,100-$3,100
Total Functional Expenses$1,378,668$104,533$0$1,483,201
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
Backup withholding compliance
Yes
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

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

MidAmerica National Bank is the sole trustee of the Charles D. Ingersoll Trust.

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

MidAmerica National Bank prepared the 2024 Form 990 using information from its own trust accounting systems. MidAmerica National Bank received the Trust's assets from the predecessor trustee (JP Morgan Chase Bank, NA) on approximately October 22, 2015. Copies of the Form 990 shall be provided to the beneficiaries of the Trust at the next quarterly meeting. (See Part VI, Line 19.)

Form 990, Page 6, Part VI, Line 19

MidAmerica National Bank ["the Bank"] meets with the officers of the supported organizations at least quarterly. The Trust's governing document (that is, the Trust Agreement executed by Charles Ingersoll on July 3, 1940) is not available to the general public; however, the three trust beneficiaries have copies of the trust agreement and other documents relating to the administration of the Trust. The Bank has a Code of Ethics and Insider Activity Policy directing each officer, employee, director, attorney and agent of the Bank to conduct private business and personal activities in a manner that avoids real and perceived conflicts of interest. Furthermore, Illinois law imposes fiduciary duties upon Trustees to avoid self

Form 990, Page 6, Part VI, Line 19

-dealing and other forms of conflicts of interest. Financial information is provided to each trust beneficiary. Copies of tax returns (that is, Forms 990, etc.) can be obtained from several websites including that of the Illinois Attorney General.

Filing and Contact Details

Filer

Filer Name
Charles D Ingersoll Charitable Trust 5704
EIN
36-6015479
Phone
3096475000
Address
100 WEST ELM STREET, CANTON, IL 61520

Signing Officer

Name
Timothy E Moss
Title
Trust Officer
Phone
3096475000
Signed
2025-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Imhoff
Formed
1956
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Midamerica National Bank
Address
130 NORTH SIDE SQUARE, Macomb, IL 61455
Preparer
Timothy E Moss
Phone
3098334111
Supplemental Narrative

Additional Explanations

Part IX, Line 24(E)

Illinois Attorney General (Filing Fee)-$15

Part IX, Line 24(E)

Foreign Taxes Paid on Foreign Dividends-$9,643.62;

Form 990, Part XI, Line 9

Rounding Differences: $4.00

Form 990, Part XI, Line 9

Accrued Interest Paid on Purchases of Treasury Notes: ($9,003.17)

Form 990, Part XI, Line 9

2023 Income Posted in 2024-$8,026.03

Form 990, Part XI, Line 9

2024 Income Posted in 2025-($3,182.93)

Explanation for Form 990, Part XI, Line 9

See Schedule O for detail of the items provided to reconcile Net Assets.

Raw XML Appendix381 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/ExplanationTxt0Financial statements are provided to the supported organizations on a regular basis. MidAmerica National Bank meets with the supported organizations on a quarterly basis. Investment performance, asset allocation, income distributions, and other matters pertaining to the trust are discussed at the quarterly meetings.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt11. All unexpired interests in the Trust are devoted to one or more purposes described in IRC Section 170(c)(1) or (c)(2)(B). 2. The Trust has not received any grants, contributions, bequests or other transfers on or after November 20, 1970. 3. The Trust's governing instrument requires all of its net income to be currently distributed to the designated beneficiary organizations.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt24. The Trustee does not have the discretion to vary either the beneficiary/supported organizations or the amounts payable to them. 5. No Trustees are "disqualified persons."
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1344667
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2344667
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Parlin-Ingersoll Library
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Graham Hospital
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Canton Union School
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Illinois Attorney General (Filing Fee)-$15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Foreign Taxes Paid on Foreign Dividends-$9,643.62;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rounding Differences: $4.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accrued Interest Paid on Purchases of Treasury Notes: ($9,003.17)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42023 Income Posted in 2024-$8,026.03
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt52024 Income Posted in 2025-($3,182.93)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MidAmerica National Bank is the sole trustee of the Charles D. Ingersoll Trust.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MidAmerica National Bank prepared the 2024 Form 990 using information from its own trust accounting systems. MidAmerica National Bank received the Trust's assets from the predecessor trustee (JP Morgan Chase Bank, NA) on approximately October 22, 2015. Copies of the Form 990 shall be provided to the beneficiaries of the Trust at the next quarterly meeting. (See Part VI, Line 19.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MidAmerica National Bank ["the Bank"] meets with the officers of the supported organizations at least quarterly. The Trust's governing document (that is, the Trust Agreement executed by Charles Ingersoll on July 3, 1940) is not available to the general public; however, the three trust beneficiaries have copies of the trust agreement and other documents relating to the administration of the Trust. The Bank has a Code of Ethics and Insider Activity Policy directing each officer, employee, director, attorney and agent of the Bank to conduct private business and personal activities in a manner that avoids real and perceived conflicts of interest. Furthermore, Illinois law imposes fiduciary duties upon Trustees to avoid self
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9-dealing and other forms of conflicts of interest. Financial information is provided to each trust beneficiary. Copies of tax returns (that is, Forms 990, etc.) can be obtained from several websites including that of the Illinois Attorney General.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10See Schedule O for detail of the items provided to reconcile Net Assets.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IX, Line 24(e)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IX, Line 24(e)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
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/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01530992
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IRS990/USAddress/AddressLine1Txt0100 West Elm St
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY E MOSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trust Officer
ReturnHeader/BusinessOfficerGrp/PhoneNum03096475000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHARLES D INGERSOLL CHARITABLE TRUST 5704
ReturnHeader/Filer/BusinessNameControlTxt0INGE
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ReturnHeader/Filer/PhoneNum03096475000
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 WEST ELM STREET
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0370435170
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIDAMERICA NATIONAL BANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0130 NORTH SIDE SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Macomb
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061455
ReturnHeader/PreparerPersonGrp/PhoneNum03098334111
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY E MOSS
ReturnHeader/ReturnTs02025-05-16T18:01:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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