Liabilities / Assets
7th percentile
Higher debt load relative to assets than 7% of similar nonprofits.
George Daily Charitable Trust
990 • Fiscal year 2016 • EIN 42-1336683
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
7th percentile
Higher debt load relative to revenue than 7% of similar nonprofits.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
21st percentile
Higher top officer pay than 21% of similar nonprofits.
Top officer pay equals 0.8% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Balance Sheet
Assets
Up$8,051,921
Up $231,882 (+3.0%) from 2015
Net Assets
Up$8,050,591
Up $3,343,882 (+71%) from 2015
Liabilities
Down$1,330
Down $3,112,000 (-100%) from 2015
Revenue And Expenses
Revenue
Up$3,630,800
Up $2,900,165 (+397%) from 2015
Expenses
Up$490,378
Up $104,085 (+27%) from 2015
Net Income
Up$3,140,422
Up $2,796,080 (+812%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Oct 18, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $3,634,434
Mission and Program Overview
Mission
It is our purpose to utilize the george daily family trust resources as follows: a. To develop leadership for the benefit of the community; b. To create initiative for projects to benefit the community.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $4,706,709 | $8,050,591 | ▲ $3,343,882 |
| Investments in Publicly Traded Securities | $5,255,740 | $5,683,107 | ▲ $427,367 |
| Land, Buildings, and Equipment, Net | $1,843,450 | $1,843,450 | → $0 |
| Savings and Temporary Cash Investments | $584,619 | $329,581 | ▼ $255,038 |
| Total Assets | $7,820,039 | $8,051,921 | ▲ $231,882 |
| Other Assets Total | $136,230 | $195,783 | ▲ $59,553 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $3,112,000 | - | - |
| Other Liabilities | $1,330 | $1,330 | → $0 |
| Total Liabilities | $3,113,330 | $1,330 | ▼ $3,112,000 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $4,706,709 | $8,050,591 | ▲ $3,343,882 |
| Total Liabilities and Net Assets / Fund Balance | $7,820,039 | $8,051,921 | ▲ $231,882 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $76,000 | - | - |
| Land | $1,767,450 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Nick W Williams | Co-trustee | PT | $28,877 | $28,877 |
Board Members and Trustees
| Name | Title |
|---|---|
| Joe P Crookham | Co-trustee |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $3,331,632
- Program Service Revenue
- $59,553
- Investment Income
- $227,697
- Other Revenue
- $11,918
- All Other Contributions
- $3,331,632
- Change in Net Assets
- $3,140,422
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $261,577 |
| Grants and Similar Amounts Paid | $199,924 |
| Salaries, Compensation, and Employee Benefits | $28,877 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $219,632 | - | - | $219,632 |
| Grants to Domestic Orgs | $199,924 | - | - | $199,924 |
| Current Officers, Directors, Trustees, and Key Employees | - | $28,877 | - | $28,877 |
| Information Technology | $19,260 | - | - | $19,260 |
| Insurance | $11,559 | $738 | - | $12,297 |
| Fees for Services Accounting | - | $3,650 | - | $3,650 |
| Fees for Services Legal | - | $2,180 | - | $2,180 |
| Other Expenses | $891 | $81 | - | $81 |
| Total Functional Expenses | $451,266 | $39,112 | $0 | $490,378 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| William Penn University | Oskaloosa, IA | 501c3 | Pavilion Project | $129,038 |
| Friends of the Auditorium | Oskaloosa, IA | 501c3 | Performing Arts | $38,886 |
| Mahaska Future View | Oskaloosa, IA | 501c3 | Public Park Improvem | $13,500 |
| Oskaloosa Symphony Association | Oskaloosa, IA | 501c3 | Music Festival | $8,000 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Joe Crookham | Trustee | Joint Venture | No | $195,783 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Other Payable | $1,330 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- Yes
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Form 990, Page 6, Part VI, Line 3
“Advisory committee madonna bowie - mccf board member, diane crookham- johnson - attorney from community, edd elder - mayor of fremont & mccf board member, bob lynn - retired business person, gary rozenboom, janet reese, michael schrock - oskaloosa city manager, russ reiter - superintendent oskaloosa schools. These members meet quarterly to review grant applications received and make recommendations to the trustees on grant to be made to the community which meet the mission per the organization document of the george daily charitable trust. Although this committee does not have final voting rights, minutes of their meetings are kept and their recommendations are usually followed without exception.”
Form 990, Page 6, Part VI, Line 11B
“Entire copy of form 990 was provided and reviewed by each trustee. Form 990 was also reviewed by administrative staff.”
Form 990, Page 6, Part VI, Line 15A
“Total compensation for the trustees is based on .4% of the value of the trust assets at year end. This formula was set by the local courts in the first year (1989) of the trust's existence. The formula is less than the amount allowed under iowa trust law. Each year the court appoints a guardian to review the records and calculate the fee. Then a court hearing is set for trust report approval.”
Form 990, Page 6, Part VI, Line 15B
“Total compensation for the trustees is based on .4% of the value of the trust assets at year end. This formula was set by the local courts in the first year (1989) of the trust's existence. The formula is less than the amount allowed under iowa trust law. Each year the court appoints a guardian to review the records and calculate the fee. Then a court hearing is set”
Form 990, Page 6, Part VI, Line 19
“Teammahaska.org website provides links to the george daily trust which describes grant application guidelines and the mission of the organization.”
Filing and Contact Details
Filer
- Filer Name
- George Daily Charitable Trust
- EIN
- 42-1336683
- Phone
- 6416730411
- Address
- PO BOX 808, OSKALOOSA, IA 52577
Signing Officer
- Name
- Joe P Crookham
- Title
- Co-trustee
- Phone
- 6416730411
- Signed
- 2017-10-18
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Joe P Crookham
- Formed
- 1989
- Legal Domicile
- Ia
- Voting Board Members
- 2
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 10
Preparer
- Firm
- Td&t Cpas and Advisors Pc
- Address
- 317 HIGH AVE E, OSKALOOSA, IA 52577-2823
- Preparer
- Darcee M Ayers CPA
- Phone
- 6416722523
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“It is our purpose to utilize the george daily family trust resources as follows: a. To develop leadership for the benefit of the community; b. To create initiative for projects to benefit the community.”
Raw XML AppendixShowing 400 of 520 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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|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
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| IRS990/BusinessRlnWithOfficerEntInd | 0 | true |
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| IRS990/CollectionsOfArtInd | 0 | false |
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| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 28877 |
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| IRS990/CompensationProcessCEOInd | 0 | true |
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| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 3331632 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 199924 |
| IRS990/CYInvestmentIncomeAmt | 0 | 227697 |
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| IRS990/CYOtherRevenueAmt | 0 | 11918 |
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| IRS990/CYTotalExpensesAmt | 0 | 490378 |
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| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3630800 |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/Desc | 0 | SEE SCHEDULE I FOR LIST OF GRANTS |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 231634 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3650 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2180 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2180 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | NICK W WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JOE P CROOKHAM |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 28877 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CO-TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1989 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 138497 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 2 |
| IRS990/GrantAmt | 0 | 199924 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 199924 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 199924 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 138497 |
| IRS990/GrossReceiptsAmt | 0 | 3634434 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 15552 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 19260 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 19260 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 738 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11559 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12297 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 219632 |
| IRS990/InterestGrp/TotalAmt | 0 | 219632 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 89200 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 89200 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 5255740 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 5683107 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1843450 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1843450 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1843450 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 3634 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | IT IS OUR PURPOSE TO UTILIZE THE GEORGE DAILY FAMILY TRUST RESOURCES AS FOLLOWS: A. TO DEVELOP LEADERSHIP FOR THE BENEFIT OF THE COMMUNITY; B. TO CREATE INITIATIVE FOR PROJECTS TO BENEFIT THE COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4706709 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 8050591 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 138497 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 138497 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 11918 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 11918 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 203460 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 195783 |
| IRS990/OtherExpensesGrp/Desc | 0 | FOREIGN TAX INVESTMENTS |
| IRS990/OtherExpensesGrp/Desc | 1 | GARDEN EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK CHARGES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3082 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 504 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 81 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 891 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3082 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 891 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 504 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 81 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1330 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1330 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | JOE P CROOKHAM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RENTAL GAIN JOINT VENTURE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 59553 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | DEBT SERVICE ON LOAN FOR FUNDS GRANTED TO LOCAL COLLEGE, WILLIAM PENN UNIVERSITY (A 501C3), FOR CONSTRUCTION OF NEW STADIUM. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 219632 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt | 0 | 1182731 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt | 0 | 389433 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt | 0 | 929506 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt | 0 | 1673109 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt | 0 | 490378 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt | 0 | 389433 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt | 0 | 793298 |
| IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt | 0 | 1318939 |
| IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt | 0 | 290454 |
| IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt | 0 | 167924 |
| IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt | 0 | 136208 |
| IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt | 0 | 1.000000000000 |
| IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt | 0 | 199924 |
| IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt | 0 | 490378 |
| IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt | 0 | 0 |
| IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | true |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | true |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE GOVERNING DOCUMENTS STATE THAT THE FUNDS ARE TO BE USED "FOR THE BENEFIT OF THE COMMUNITY OF OSKALOOSA" WHICH HAS BEEN DEFINED TO BE THE AREA IN AND AROUND THE CITY OF OSKALOOSA WHICH INTERACTS WITH OSKALOOSA BASED ACTIVITIES. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE ADVISORY COMMITTEE CONSISTS OF THE CITY OF OSKALOOSA MANAGER, COMMUNITY BUSINESS LEADERS, MEMBERS OF THE OSKALOOSA COMMUNITY, SCHOOL ADMINISTRATION, AND A LOCAL ATTORNEY. THE ADVISORY COMMITTEE REVIEWS THE GRANT APPLICATIONS RECEIVED AND MAKES RECOMMENDATIONS TO THE TRUSTEES ON GRANTS TO BE MADE TO THE COMMUNITY WHICH MEET THE MISSION PER THE ORGANIZATIONAL DOCUMENT. RECOMMENDATIONS ARE USUALLY FOLLOWED WITHOUT EXCEPTION. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION A, LINE 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION D, LINE 3 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt | 0 | 1557330 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt | 0 | 3113330 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt | 0 | 5402644 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt | 0 | 3559330 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt | 0 | 457100 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt | 0 | 397494 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt | 0 | 5469424 |
| IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt | 0 | 5241716 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt | 0 | 81040 |
| IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt | 0 | 53390 |
| IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt | 0 | 1033450 |
| IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt | 0 | 1033450 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt | 0 | 5321604 |
| IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt | 0 | 3505940 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt | 0 | 186256 |
| IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt | 0 | 122708 |
| IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt | 0 | 0 |
| IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt | 0 | 13500 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt | 0 | 6959974 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt | 0 | 6672660 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt | 0 | 186256 |
| IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt | 0 | 136208 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 451266 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 6 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 426005086 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | false |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 6 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 451266 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | CITY OF OSKALOOSA |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType3NonFuncInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 76000 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 76000 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1767450 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 1767450 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1330 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | OTHER PAYABLE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1843450 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1330 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 38886 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 13500 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 129038 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 8000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | 501C3 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | PERFORMING ARTS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | PUBLIC PARK IMPROVEM |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | PAVILION PROJECT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | MUSIC FESTIVAL |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | FRIENDS OF THE AUDITORIUM |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | MAHASKA FUTURE VIEW |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | WILLIAM PENN UNIVERSITY |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | OSKALOOSA SYMPHONY ASSOCIATION |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 421471089 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 421374393 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 420707120 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 421526038 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 1800 NORTH 3RD ST |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 124 N MARKET |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 201 TRUEBLOOD AVE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 3 | PO BOX 301 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | OSKALOOSA |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | OSKALOOSA |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | OSKALOOSA |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 3 | OSKALOOSA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | IA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | IA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 3 | IA |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 52577 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 52577 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 52577 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 3 | 52577 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | FORMAL APPLICATIONS ARE RECEIVED FROM ORGANIZATIONS AND ARE REVIEWED BY AN ADVISORY BOARD WHO MAKES GRANT RECIPIENT RECOMMENDATIONS TO THE TRUSTEES. MOST APPLICATIONS INCLUDE INVOICES EVIDENCING FUNDS EXPENDED. ALSO,IN THI S SMALL COMMUNITY THE PROGRESS OF THE VARIOUS PROGRAMS ARE NOTED VISUALLY BY THE BOARD. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 4 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | JOE CROOKHAM |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | TRUSTEE |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 195783 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | JOINT VENTURE |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION AND THE TRUSTEE, JOE CROOKHAM, ARE MEMBERS/PARTNERS IN A JOINT VENTURE, PENN REAL ESTATE HOLDINGS, LLC. BOTH OWN A 16.07% INTEREST FOR A COMBINED INTEREST OF 32.14%. EACH INVESTED 225,000 CAPITAL. LOSSES ON THE INVESTMENT HAVE BROUGHT DOWN THE INVESTMENT BALANCE TO 195,783. PENN REAL ESTATE HOLDINGS, LLC OWNS COMMERCIAL RENTAL PROPERTY IN CLIVE, IOWA. THE PROPERTY IS CURRENTLY RENTED TO WILLIAM PENN UNIVERSITY (A 501C3) FOR EDUCATIONAL CLASSES. CONSEQUENTLY THE INVESTMENT DOES QUALIFY AS A PROGRAM-RELATED INVESTMENT FOR THE ORGANIZATION. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS OUR PURPOSE TO UTILIZE THE GEORGE DAILY FAMILY TRUST RESOURCES AS FOLLOWS: A. TO DEVELOP LEADERSHIP FOR THE BENEFIT OF THE COMMUNITY; B. TO CREATE INITIATIVE FOR PROJECTS TO BENEFIT THE COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ADVISORY COMMITTEE MADONNA BOWIE - MCCF BOARD MEMBER, DIANE CROOKHAM- JOHNSON - ATTORNEY FROM COMMUNITY, EDD ELDER - MAYOR OF FREMONT & MCCF BOARD MEMBER, BOB LYNN - RETIRED BUSINESS PERSON, GARY ROZENBOOM, JANET REESE, MICHAEL SCHROCK - OSKALOOSA CITY MANAGER, RUSS REITER - SUPERINTENDENT OSKALOOSA SCHOOLS. THESE MEMBERS MEET QUARTERLY TO REVIEW GRANT APPLICATIONS RECEIVED AND MAKE RECOMMENDATIONS TO THE TRUSTEES ON GRANT TO BE MADE TO THE COMMUNITY WHICH MEET THE MISSION PER THE ORGANIZATION DOCUMENT OF THE GEORGE DAILY CHARITABLE TRUST. ALTHOUGH THIS COMMITTEE DOES NOT HAVE FINAL VOTING RIGHTS, MINUTES OF THEIR MEETINGS ARE KEPT AND THEIR RECOMMENDATIONS ARE USUALLY FOLLOWED WITHOUT EXCEPTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ENTIRE COPY OF FORM 990 WAS PROVIDED AND REVIEWED BY EACH TRUSTEE. FORM 990 WAS ALSO REVIEWED BY ADMINISTRATIVE STAFF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TOTAL COMPENSATION FOR THE TRUSTEES IS BASED ON .4% OF THE VALUE OF THE TRUST ASSETS AT YEAR END. THIS FORMULA WAS SET BY THE LOCAL COURTS IN THE FIRST YEAR (1989) OF THE TRUST'S EXISTENCE. THE FORMULA IS LESS THAN THE AMOUNT ALLOWED UNDER IOWA TRUST LAW. EACH YEAR THE COURT APPOINTS A GUARDIAN TO REVIEW THE RECORDS AND CALCULATE THE FEE. THEN A COURT HEARING IS SET FOR TRUST REPORT APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TOTAL COMPENSATION FOR THE TRUSTEES IS BASED ON .4% OF THE VALUE OF THE TRUST ASSETS AT YEAR END. THIS FORMULA WAS SET BY THE LOCAL COURTS IN THE FIRST YEAR (1989) OF THE TRUST'S EXISTENCE. THE FORMULA IS LESS THAN THE AMOUNT ALLOWED UNDER IOWA TRUST LAW. EACH YEAR THE COURT APPOINTS A GUARDIAN TO REVIEW THE RECORDS AND CALCULATE THE FEE. THEN A COURT HEARING IS SET |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TEAMMAHASKA.ORG WEBSITE PROVIDES LINKS TO THE GEORGE DAILY TRUST WHICH DESCRIBES GRANT APPLICATION GUIDELINES AND THE MISSION OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | GEORGE DAI |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | DAILY REAL ESTATE COMPANY LLC |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN | 0 | 300366418 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt | 0 | 1843450 |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd | 0 | IA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt | 0 | HOLDING RE |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt | 0 | 118 N MARKET ST |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm | 0 | OSKALOOSA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd | 0 | 52577 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 0 | N/A |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $8,051,921
- Liabilities
- $1,330
- Net assets
- $8,050,591
- Revenue
- $3,630,800
- Expenses
- $490,378
- Net income
- $3,140,422