Civic Intelligence

Chesrown Anne Trust

EIN 36-7188707 • 501(c)3 • Dundee, IL

Profile

The anne chesrown trust is a type iii supporting organization which supports the harry l. Petrie public library, an exempt government entity.

C/O First American Bank 218 W MaiDundee, IL 60118

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$2,928

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.4%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

87%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$172,849

Up $2,410 (+1.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$172,849

Up $2,410 (+1.4%) from 2023

Revenue

Up

$14,256

Up $6,652 (+87%) from 2023

Expenses

Up

$11,846

Up $82 (+0.7%) from 2023

Net Income

Up

$2,410

Up $6,570 (+158%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2020: $168,475Liabilities 2020: $0Net Assets 2020: $168,4752020Assets 2021: $181,620Liabilities 2021: $0Net Assets 2021: $181,6202021Assets 2022: $174,599Liabilities 2022: $0Net Assets 2022: $174,5992022Assets 2023: $170,439Liabilities 2023: $0Net Assets 2023: $170,4392023Assets 2024: $172,849Liabilities 2024: $0Net Assets 2024: $172,8492024

Highlighted filing

2024

Assets$172,849
Liabilities$0
Net Assets$172,849

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2020: $7,149Expenses 2020: $10,892Net Income 2020: -$3,7432020Revenue 2021: $24,618Expenses 2021: $11,473Net Income 2021: $13,1452021Revenue 2022: $5,070Expenses 2022: $12,091Net Income 2022: -$7,0212022Revenue 2023: $7,604Expenses 2023: $11,764Net Income 2023: -$4,1602023Revenue 2024: $14,256Expenses 2024: $11,846Net Income 2024: $2,4102024

Highlighted filing

2024

Revenue$14,256
Expenses$11,846
Net Income$2,410

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 22, 2025
Return Version
2024v5.1
Gross Receipts
$71,671
Mission and Program Overview

Mission

The anne chesrown trust is a type iii supporting organization which supports the harry l. Petrie public library, an exempt government entity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$168,475$168,475→ $0
Investments in Publicly Traded Securities$170,223$164,427▼ $5,796
Savings and Temporary Cash Investments$153$8,339▲ $8,186
Rtn Earn Endowment Incm Other Fnds$1,964$4,374▲ $2,410
Pledges and Grants Receivable$63$83▲ $20
Total Assets$170,439$172,849▲ $2,410
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$170,439$172,849▲ $2,410
Total Liabilities and Net Assets / Fund Balance$170,439$172,849▲ $2,410
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$2,928$2,928
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$14,256
Other Revenue
$0
Change in Net Assets
$2,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,101
Salaries, Compensation, and Employee Benefits$2,928
Other Expenses$817
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,101--$8,101
Current Officers, Directors, Trustees, and Key Employees-$2,928-$2,928
Fees for Services Accounting-$750-$750
All Other Expenses-$67-$67
Total Functional Expenses$8,101$3,745$0$11,846
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The trustee reviews the 990 before it is filed.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12C

Internal audits, annual disclosures

Form 990, Page 6, Part VI, Line 19

The trust document, conflict of interest policy and financial statements are made available upon request

Filing and Contact Details

Filer

Filer Name
Chesrown Anne Trust
EIN
36-7188707
Phone
8474266771
Address
C/O FIRST AMERICAN BANK 218 W MAI, DUNDEE, IL 60118

Signing Officer

Name
First American Bank
Title
Trustee
Phone
8474266771
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Il
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Trustax LLC
Address
571 LONGBOW DRIVE SUITE A, MAUMEE, OH 43537
Preparer
Grant M Keune
Phone
4198685555
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Ric distribution adjustment

Raw XML Appendix348 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.

Path#Value
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IRS990/ActivityOrMissionDesc0THE ANNE CHESROWN TRUST IS A TYPE III SUPPORTING ORGANIZATION WHICH SUPPORTS THE HARRY L. PETRIE PUBLIC LIBRARY, AN EXEMPT GOVERNMENT ENTITY.
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IRS990/Desc0GRANT PROVIDED TO LIBRARY FOR THE ACQUISITION OF LIBRARY MATERIALS WITH AT LEAST ONE HALF USED FOR THE CHILDREN'S LIBRARY MATERIALS. HARRY L. PETRIE PUBLIC LIBRARY, 101 NE 1ST STREET. PO BOX 416, LINTON, ND 58552
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IRS990/FormationYr02007
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt066815
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IRS990/IRPDocumentCnt00
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0170439
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09400
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09400
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt063
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08272
IRS990/PYInvestmentIncomeAmt07604
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IRS990/PYRevenuesLessExpensesAmt0-4160
IRS990/PYSalariesCompEmpBnftPaidAmt02681
IRS990/PYTotalExpensesAmt011764
IRS990/PYTotalRevenueAmt07604
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02410
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01964
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0153
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08339
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IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
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IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
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IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt06591
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Trustee was appointed in the trust document. The Trustee reports performance to the supported organization quarterly, provides an annual statement, makes the annual distribution, and discusses the trust, performance, or any issue related thereto, as needed.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Although the trust document specifically states that the trustee shall have the power to invest and reinvest the trust estate property; the trustee works with the named beneficiary to listen to their needs and make adjustments when the trustee determines adjustments should be made. The beneficiary is listed in the trust document so there is no selection of grant recipients.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Distribution requirements made to the named beneficiary are attentive to its operations and responsive to their needs. The trustee works with the beneficary to listen to their needs.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section D, Line 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section D, Line 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part V, Section D, Line 8
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt08101
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUSTEE REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTERNAL AUDITS, ANNUAL DISCLOSURES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUST DOCUMENT, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RIC DISTRIBUTION ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0170439
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IRS990/TotalAssetsGrp/BOYAmt0170439
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03745
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08101
IRS990/TotalFunctionalExpensesGrp/TotalAmt011846
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0170439
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0172849
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08101
IRS990/TotalReportableCompFromOrgAmt02928
IRS990/TotalRevenueGrp/ExclusionAmt014256
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014256
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0170439
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0172849
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FIRST AMERICAN BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08474266771
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHESROWN ANNE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0CHES
ReturnHeader/Filer/EIN0367188707
ReturnHeader/Filer/PhoneNum08474266771
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O FIRST AMERICAN BANK 218 W MAI
ReturnHeader/Filer/USAddress/CityNm0DUNDEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060118
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341959490
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRUSTAX LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0571 LONGBOW DRIVE SUITE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MAUMEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043537
ReturnHeader/PreparerPersonGrp/PhoneNum04198685555
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GRANT M KEUNE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-01T14:01:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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