Civic Intelligence

Hope Abbey Char Trust

EIN 37-1055451 • 501(c)13 • Galesburg, IL

Profile

Trust generates portfolio income which is used for the maintenance and upkeep of the hope abbey cemetary

21 East Main StreetGalesburg, IL 61402

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

43rd percentile

4.7%

Higher net margin than 43% of similar nonprofits.

501(c)13 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$1,564

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 22.9% of source-year revenue.

501(c)13 • <$500k nonprofits • Source year 2024

Asset Growth

43rd percentile

0.4%

Faster asset growth than 43% of similar nonprofits.

501(c)13 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-61%

Faster revenue growth than 9% of similar nonprofits.

501(c)13 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$158,144

Up $633 (+0.4%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$158,144

Up $633 (+0.4%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin43rd percentile

Revenue

Down

$6,833

Down $10,532 (-61%) from 2023

Expenses

Up

$6,510

Up $1,776 (+38%) from 2023

Net Income

Down

$323

Down $12,308 (-97%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

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

$200K$150K$100K$50K$0Assets 2018: $117,734Liabilities 2018: $0Net Assets 2018: $117,7342018Assets 2019: $124,278Liabilities 2019: $0Net Assets 2019: $124,2782019Assets 2020: $132,787Liabilities 2020: $0Net Assets 2020: $132,7872020Assets 2021: $142,076Liabilities 2021: $0Net Assets 2021: $142,0762021Assets 2022: $145,155Liabilities 2022: $0Net Assets 2022: $145,1552022Assets 2023: $157,511Net Assets 2023: $157,5112023Assets 2024: $158,144Net Assets 2024: $158,1442024

Highlighted filing

2024

Assets$158,144
Liabilities-
Net Assets$158,144
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$20K$15K$10K$5.0K$0Revenue 2018: $8,427Expenses 2018: $3,640Net Income 2018: $4,7872018Revenue 2019: $10,459Expenses 2019: $3,926Net Income 2019: $6,5332019Revenue 2020: $12,148Expenses 2020: $3,597Net Income 2020: $8,5512020Revenue 2021: $13,035Expenses 2021: $3,778Net Income 2021: $9,2572021Revenue 2022: $6,878Expenses 2022: $3,725Net Income 2022: $3,1532022Revenue 2023: $17,365Expenses 2023: $4,734Net Income 2023: $12,6312023Revenue 2024: $6,833Expenses 2024: $6,510Net Income 2024: $3232024

Highlighted filing

2024

Revenue$6,833
Expenses$6,510
Net Income$323
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$158,144
Liabilities
-
Net assets
$158,144
Revenue
$6,833
Expenses
$6,510
Net income
$323
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$1.58$0.07$0.07$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.58$1.58$0.17$0.05$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.07$0.04$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.13$0.04$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.12$0.04$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.10$0.04$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.08$0.04$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$27,589
Mission and Program Overview

Mission

Trust generates portfolio income which is used for the maintenance and upkeep of the hope abbey cemetery

Trust generates portfolio income which is used for the maintenance and upkeep of the hope abbey cemetary

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUPPORT FOR THE CARE AND MAINTENANCE OF THE HOPE ABBEY CEMETARY--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FM BANKTrustee-$1,564-$1,564
Filing and Contact Details

Filer

Filer Name
Hope Abbey Char Trust
EIN
37-1055451
Phone
8887304933
Address
21 EAST MAIN STREET, GALESBURG, IL 61402

Signing Officer

Name
Fm Bank
Title
Trustee
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Gordon Stockman & Waugh PC
Address
8726 N Industrial Rd, Peoria, IL 61615
Preparer
Dallas Bowers
Phone
3096924030
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Repairs and maintenance $3650”

Other Expenses.2

“FOREIGN TAXES $66”

Other Expenses.3

“STATE FILING FEE $15”

Raw XML Appendix98 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0FM BANK
IRS990EZ/BooksInCareOfDetail/PhoneNum03093442451
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021 E MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GALESBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061402
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0157511
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0158144
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt020756
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0323
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01125
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0157511
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0158144
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt01405
IRS990EZ/GrossReceiptsAmt027589
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05428
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0157511
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0158144
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0157511
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0158144
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01564
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0FM BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0310
IRS990EZ/OtherExpensesTotalAmt03731
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TRUST GENERATES PORTFOLIO INCOME WHICH IS USED FOR THE MAINTENANCE AND UPKEEP OF THE HOPE ABBEY CEMETARY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SUPPORT FOR THE CARE AND MAINTENANCE OF THE HOPE ABBEY CEMETARY
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01654
IRS990EZ/SaleOfAssetsGrossAmt022161
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06510
IRS990EZ/TotalRevenueAmt06833
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REPAIRS AND MAINTENANCE $3650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FOREIGN TAXES $66
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STATE FILING FEE $15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FM BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE ABBEY CHAR TRUST
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0371055451
ReturnHeader/Filer/PhoneNum08887304933
ReturnHeader/Filer/USAddress/AddressLine1Txt021 EAST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0GALESBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061402
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412110811
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gordon Stockman & Waugh PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08726 N Industrial Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Peoria
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061615
ReturnHeader/PreparerPersonGrp/PhoneNum03096924030
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dallas Bowers
ReturnHeader/ReturnTs02025-05-13T11:14:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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