Civic Intelligence

Nichols Foundation Co the Farmers State Bank & Trust Co

990EZ • Fiscal year 2023 • EIN 37-6022903

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

Organization ProfileN/A
200 West State StreetJacksonville, IL 62650

(217) 479-4000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

36th percentile

-2.9%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

47th percentile

-0.1%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$76,590

Down $102 (-0.1%) from 2022

Net Assets

Down

$76,590

Down $102 (-0.1%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin36th percentile

Revenue

Down

$3,501

Down $495 (-12%) from 2022

Expenses

Down

$3,603

Down $944 (-21%) from 2022

Net Income

Up

-$102

Up $449 (+81%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $77,214Net Assets 2011: $77,2142011Assets 2012: $76,889Net Assets 2012: $76,8892012Assets 2013: $74,908Liabilities 2013: $0Net Assets 2013: $74,9082013Assets 2014: $80,502Liabilities 2014: $0Net Assets 2014: $80,5022014Assets 2015: $81,273Liabilities 2015: $0Net Assets 2015: $81,2732015Assets 2016: $79,909Liabilities 2016: $0Net Assets 2016: $79,9092016Assets 2017: $79,152Liabilities 2017: $0Net Assets 2017: $79,1522017Assets 2018: $77,580Liabilities 2018: $0Net Assets 2018: $77,5802018Assets 2019: $77,857Liabilities 2019: $0Net Assets 2019: $77,8572019Assets 2020: $77,905Liabilities 2020: $0Net Assets 2020: $77,9052020Assets 2021: $77,243Liabilities 2021: $0Net Assets 2021: $77,2432021Assets 2022: $76,692Liabilities 2022: $0Net Assets 2022: $76,6922022Assets 2023: $76,590Liabilities 2023: $0Net Assets 2023: $76,5902023Assets 2024: $76,838Net Assets 2024: $76,8382024Assets 2025: $86,250Net Assets 2025: $86,2502025

Highlighted filing

2023

Assets$76,590
Liabilities$0
Net Assets$76,590
Open 2023 Filing

Operations Trend

Revenue Growth31st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2011: $3,663Expenses 2011: $6,433Net Income 2011: -$2,7702011Revenue 2012: $4,618Expenses 2012: $4,943Net Income 2012: -$3252012Revenue 2013: $1,904Expenses 2013: $3,885Net Income 2013: -$1,9812013Revenue 2014: $8,890Expenses 2014: $3,296Net Income 2014: $5,5942014Revenue 2015: $3,862Expenses 2015: $3,091Net Income 2015: $7712015Revenue 2016: $3,747Expenses 2016: $5,111Net Income 2016: -$1,3642016Revenue 2017: $3,747Expenses 2017: $4,504Net Income 2017: -$7572017Revenue 2018: $3,577Expenses 2018: $5,149Net Income 2018: -$1,5722018Revenue 2019: $3,849Expenses 2019: $3,572Net Income 2019: $2772019Revenue 2020: $3,295Expenses 2020: $3,247Net Income 2020: $482020Revenue 2021: $3,674Expenses 2021: $4,336Net Income 2021: -$6622021Revenue 2022: $3,996Expenses 2022: $4,547Net Income 2022: -$5512022Revenue 2023: $3,501Expenses 2023: $3,603Net Income 2023: -$1022023Revenue 2024: $3,717Expenses 2024: $3,469Net Income 2024: $2482024Revenue 2025: $14,794Expenses 2025: $3,415Net Income 2025: $11,3792025

Highlighted filing

2023

Revenue$3,501
Expenses$3,603
Net Income-$102
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$33,501
Mission and Program Overview

Mission

The income earned from this foundation shall be used for the purchase of Christmas presents for children from low-income families of Jacksonville, Illinois.

Program Services

DescriptionGrantsExpenses
Assist the Jacksonville Police Department with purchasing Christmas presents for children from low-income families of Jacksonville, Illinois.-$2,617
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
The Farmers State Bank TrustTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Nichols Foundation
EIN
37-6022903
Phone
2174794000
Address
200 WEST STATE STREET, JACKSONVILLE, IL 62650

Signing Officer

Name
Tim Flinn
Title
Trustee
Signed
2024-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Zumbahlen Eyth Surratt Foote & Flynn Ltd
Address
1395 Lincoln Avenue, Jacksonville, IL 62650
Preparer
Sarah E Sweeting
Phone
2172455121
Raw XML Appendix136 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/PersonNm0THE FARMERS STATE BANK TRUST
IRS990EZ/BooksInCareOfDetail/PhoneNum02174794000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 WEST STATE STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062650
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt076692
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt076590
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt030000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-102
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0986
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076692
IRS990EZ/Form990TotalAssetsGrp/EOYAmt076590
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02617
IRS990EZ/GrossReceiptsAmt033501
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03501
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt076692
IRS990EZ/NetAssetsOrFundBalancesEOYAmt076590
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt076692
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt076590
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0The Farmers State Bank Trust
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The income earned from this foundation shall be used for the purchase of Christmas presents for children from low-income families of Jacksonville, Illinois.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Assist the Jacksonville Police Department with purchasing Christmas presents for children from low-income families of Jacksonville, Illinois.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02617
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt030000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03603
IRS990EZ/TotalProgramServiceExpensesAmt02617
IRS990EZ/TotalRevenueAmt03501
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0All the unexpired interests in the trust are devoted to one purpose (purchase Christmas presents for children from low-income families in Jacksonville, Illinois). The trust was created prior to November 20, 1970 (created on May 26, 1923)and did not receive any grant, contribution, bequest or other transfer on or after such date. The trust is required by its governing instrument to distribute all of its net income currently to a designated beneficiary supported organization (Jacksonville, Illinois Police Department). The trustee of the trust does not have discretion to vary either the beneficiary supported organization or the amount payable to the supported organization. The trustee of the trust would not be a disqualified person within the meaning of section 4946(a) with respect to the trust if such trust were treated as a private foundation.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part V: Explain How Integral Part Test Satisfied
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0376001700
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02617
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JACKSONVILLE IL POLICE DEPT
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt02617
IRS990ScheduleA/TrustIntegralPartTestInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tim Flinn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NICHOLS FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO THE FARMERS STATE BANK & TRUST CO
ReturnHeader/Filer/BusinessNameControlTxt0NICH
ReturnHeader/Filer/EIN0376022903
ReturnHeader/Filer/PhoneNum02174794000
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 WEST STATE STREET
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062650
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371094064
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Zumbahlen Eyth Surratt Foote & Flynn Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01395 Lincoln Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jacksonville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062650
ReturnHeader/PreparerPersonGrp/PhoneNum02172455121
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sarah E Sweeting
ReturnHeader/ReturnTs02024-05-15T07:21:55-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Tim
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Flinn
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,590
Liabilities
$0
Net assets
$76,590
Revenue
$3,501
Expenses
$3,603
Net income
-$102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$86.3$86.3$14.8$3.42$11.4
2024Detailed filing. Detailed filing data is available for this year.$76.8$76.8$3.72$3.47$0.25
2023Detailed filing. Detailed filing data is available for this year.$76.6$0.00$76.6$3.50$3.60$0.10
2022Detailed filing. Detailed filing data is available for this year.$76.7$0.00$76.7$4.00$4.55$0.55
2021Detailed filing. Detailed filing data is available for this year.$77.2$0.00$77.2$3.67$4.34$0.66
2020Detailed filing. Detailed filing data is available for this year.$77.9$0.00$77.9$3.30$3.25$0.05
2019Detailed filing. Detailed filing data is available for this year.$77.9$0.00$77.9$3.85$3.57$0.28
2018Detailed filing. Detailed filing data is available for this year.$77.6$0.00$77.6$3.58$5.15$1.57
2017Detailed filing. Detailed filing data is available for this year.$79.2$0.00$79.2$3.75$4.50$0.76
2016Detailed filing. Detailed filing data is available for this year.$79.9$0.00$79.9$3.75$5.11$1.36
2015Detailed filing. Detailed filing data is available for this year.$81.3$0.00$81.3$3.86$3.09$0.77
2014Detailed filing. Detailed filing data is available for this year.$80.5$0.00$80.5$8.89$3.30$5.59
2013Detailed filing. Detailed filing data is available for this year.$74.9$0.00$74.9$1.90$3.89$1.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.9$76.9$4.62$4.94$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.2$77.2$3.66$6.43$2.77