Civic Intelligence

Donald F Braun Charitable Remainder Tr

EIN 36-7426074 • 4947(a)1 • Rock Island, IL

Profile

The organization was created upon a will with assets set aside for medical research purposes. Public records are not published.

3730 18th AvenueRock Island, IL 61201-3023

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

0.00x

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

4947(a)1 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.00x

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

$1M-$5M nonprofits • Source year 2021

Net Margin

48th percentile

4.6%

Higher net margin than 48% of similar nonprofits.

4947(a)1 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

4947(a)1 • $1M-$5M nonprofits • Source year 2021

Asset Growth

44th percentile

0.3%

Faster asset growth than 44% of similar nonprofits.

4947(a)1 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

194%

Faster revenue growth than 93% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,741,746

Up $5,947 (+0.3%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$1,741,746

Up $5,947 (+0.3%) from 2020

Revenue

Up

$153,232

Up $101,177 (+194%) from 2020

Expenses

Up

$146,139

Up $88,303 (+153%) from 2020

Net Income

Up

$7,093

Up $12,874 (+223%) from 2020

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2020: $1,735,799Liabilities 2020: $0Net Assets 2020: $1,735,7992020Assets 2021: $1,741,746Liabilities 2021: $0Net Assets 2021: $1,741,7462021

Highlighted filing

2021

Assets$1,741,746
Liabilities$0
Net Assets$1,741,746

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $52,055Expenses 2020: $57,836Net Income 2020: -$5,7812020Revenue 2021: $153,232Expenses 2021: $146,139Net Income 2021: $7,0932021

Highlighted filing

2021

Revenue$153,232
Expenses$146,139
Net Income$7,093

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 2, 2023
Return Version
2021v4.1
Gross Receipts
$623,824
Mission and Program Overview

Mission

The organization was created upon a will with assets set aside for medical research purposes. Public records are not published.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,560,607$1,723,937▲ $163,330
Savings and Temporary Cash Investments$175,192$17,809▼ $157,383
Total Assets$1,735,799$1,741,746▲ $5,947
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,735,799$1,741,746▲ $5,947
Total Net Assets Fund Balance$1,735,799$1,741,746▲ $5,947
Total Liabilities and Net Assets / Fund Balance$1,735,799$1,741,746▲ $5,947
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$153,232
Other Revenue
$0
Change in Net Assets
$7,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$120,000
Salaries, Compensation, and Employee Benefits$24,709
Other Expenses$1,430
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$120,000--$120,000
Current Officers, Directors, Trustees, and Key Employees-$24,709-$24,709
Fees for Services Accounting-$875-$875
All Other Expenses-$555-$555
Total Functional Expenses$120,000$26,139$0$146,139
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

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

N/A

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

N/A

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

N/A

Form 990, Page 6, Part VI, Line 19

The organization was created upon a will with assets set aside for medical research purposes. Public records are not published.

Filing and Contact Details

Filer

Filer Name
Donald F Braun Charitable Remainder Tr
EIN
36-7426074
Phone
3097325046
Address
3730 18TH AVENUE, ROCK ISLAND, IL 61201-3023

Signing Officer

Name
American Bank Trust Company N a
Title
Trustee
Phone
3097325046
Signed
2023-08-02
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Il
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Trust Processing Solutions
Address
P O BOX 894, MILFORD, OH 45150-0894
Preparer
Doug Hart
Phone
5137748805
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Reconciliation of changes (1146.00) of accrued interest carryover

Raw XML Appendix243 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WAS CREATED UPON A WILL WITH ASSETS SET ASIDE FOR MEDICAL RESEARCH PURPOSES. PUBLIC RECORDS ARE NOT PUBLISHED.
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