Civic Intelligence

Traer Community Foundation

990 • Fiscal year 2022 • EIN 42-1366419

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 26, 2023

611 Second StreetTraer, IA 50675

(319) 478-2148

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

47th percentile

5.3%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

23rd percentile

-8.1%

Faster asset growth than 23% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-34%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,965,912

Down $173,727 (-8.1%) from 2021

Net Assets

Down

$1,965,912

Down $173,727 (-8.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$91,515

Down $46,105 (-34%) from 2021

Expenses

Down

$86,686

Down $1,117 (-1.3%) from 2021

Net Income

Down

$4,829

Down $44,988 (-90%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,176,667Liabilities 2011: $0Net Assets 2011: $1,176,6672011Assets 2012: $1,173,722Liabilities 2012: $0Net Assets 2012: $1,173,7222012Assets 2013: $1,580,126Liabilities 2013: $0Net Assets 2013: $1,580,1262013Assets 2014: $1,599,732Liabilities 2014: $0Net Assets 2014: $1,599,7322014Assets 2015: $1,576,325Liabilities 2015: $0Net Assets 2015: $1,576,3252015Assets 2016: $1,622,446Liabilities 2016: $0Net Assets 2016: $1,622,4462016Assets 2017: $1,603,953Liabilities 2017: $0Net Assets 2017: $1,603,9532017Assets 2018: $1,844,400Liabilities 2018: $0Net Assets 2018: $1,844,4002018Assets 2019: $1,932,314Liabilities 2019: $0Net Assets 2019: $1,932,3142019Assets 2020: $1,996,113Liabilities 2020: $0Net Assets 2020: $1,996,1132020Assets 2021: $2,139,639Liabilities 2021: $0Net Assets 2021: $2,139,6392021Assets 2022: $1,965,912Liabilities 2022: $0Net Assets 2022: $1,965,9122022Assets 2023: $2,054,923Liabilities 2023: $0Net Assets 2023: $2,054,9232023Assets 2024: $2,137,752Liabilities 2024: $0Net Assets 2024: $2,137,7522024

Highlighted filing

2022

Assets$1,965,912
Liabilities$0
Net Assets$1,965,912

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $116,546Expenses 2011: $68,180Net Income 2011: $48,3662011Revenue 2012: $91,955Expenses 2012: $93,138Net Income 2012: -$1,1832012Revenue 2013: $476,828Expenses 2013: $56,461Net Income 2013: $420,3672013Revenue 2014: $73,830Expenses 2014: $54,224Net Income 2014: $19,6062014Revenue 2015: $69,293Expenses 2015: $92,700Net Income 2015: -$23,4072015Revenue 2016: $104,271Expenses 2016: $58,150Net Income 2016: $46,1212016Revenue 2017: $141,334Expenses 2017: $172,298Net Income 2017: -$30,9642017Revenue 2018: $415,952Expenses 2018: $163,165Net Income 2018: $252,7872018Revenue 2019: $121,466Expenses 2019: $81,433Net Income 2019: $40,0332019Revenue 2020: $90,664Expenses 2020: $65,785Net Income 2020: $24,8792020Revenue 2021: $137,620Expenses 2021: $87,803Net Income 2021: $49,8172021Revenue 2022: $91,515Expenses 2022: $86,686Net Income 2022: $4,8292022Revenue 2023: $149,784Expenses 2023: $107,434Net Income 2023: $42,3502023Revenue 2024: $125,210Expenses 2024: $102,765Net Income 2024: $22,4452024

Highlighted filing

2022

Revenue$91,515
Expenses$86,686
Net Income$4,829
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$262,979
Mission and Program Overview

Mission

The organization's most significant activity is to receive and accept property exclusively for educational, cultural, charitable or benevolent purposes for the benefit of the residents of the traer, iowa metropolitan area in such a way that the quality of life in the area is enhanced.

To accept and receive property for the benefit of the traer community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,994,348$1,832,729▼ $161,619
Savings and Temporary Cash Investments$145,291$133,183▼ $12,108
Total Assets$2,139,639$1,965,912▼ $173,727
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,271,580$1,154,925▼ $116,655
Net Assets With Donor Restrictions$868,059$810,987▼ $57,072
Total Net Assets Fund Balance$2,139,639$1,965,912▼ $173,727
Total Liabilities and Net Assets / Fund Balance$2,139,639$1,965,912▼ $173,727

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$868,059---$868,059
2021$824,183$19,211▲ $49,066-$868,059
2020$802,245$10,528▲ $35,078-$824,183
2019$768,218$54,011▲ $27,170-$802,245
2018$825,268$63,049▲ $12,038-$768,218
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don StansberyChairman
Michelle PodhajskyVice-chairman
Jon PanfilDirector
Tracy HulmeDirector
Val BradleyDirector
Bruce ReindersSecretary/legal Officer
Darlys HulmeTrust Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,257
Program Service Revenue
$0
Investment Income
$55,258
Other Revenue
$0
All Other Contributions
$36,257
Change in Net Assets
$4,829
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$67,837
Other Expenses$18,849
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,337--$62,337
Fees for Service Investment Mgmnt Fees$18,274--$18,274
Grants to Domestic Individuals$5,500--$5,500
Fees for Services Accounting$575--$575
Total Functional Expenses$86,686$0$0$86,686
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of TraerTraer, IA-City Murals$12,000
City of TraerTraer, IA-Quasequentennial Celeberation$9,664
Traer Historical MuseumTraer, IA-Solar Shades and Digitization Station$7,000
City of TraerTraer, IA-Pool Upgrades$5,481
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, Part VI, Section B, Line 11B

Organization's process to review form 990. The board of directors is given a copy of the form 990 to review. Each member is given the opportunity to review the report and have questions answered.

Form 990, Part VI, Section B, Line 12C

Each board of director annually completes a conflict of interest statement which is reviewed by the board in its entirety.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Traer Community Foundation
EIN
42-1366419
Phone
3194782148
Address
611 SECOND STREET, TRAER, IA 50675

Signing Officer

Name
Don Stansbery
Title
Chairman
Phone
3194782148
Signed
2023-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Stansbery
Formed
1990
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Bowman & Miller Pc
Address
24 E MAIN ST, MARSHALLTOWN, IA 50158
Preparer
Elizabeth a Miller
Phone
6417539337
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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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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0768218
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt054011
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0802245
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt046537
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027170
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0758
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0825268
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt063049
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0768218
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0131379
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012038
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/RecipientTable/CashGrantAmt07000
IRS990ScheduleI/RecipientTable/CashGrantAmt112000
IRS990ScheduleI/RecipientTable/CashGrantAmt29664
IRS990ScheduleI/RecipientTable/CashGrantAmt35481
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SOLAR SHADES AND DIGITIZATION STATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CITY MURALS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2QUASEQUENTENNIAL CELEBERATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3POOL UPGRADES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TRAER HISTORICAL MUSEUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY OF TRAER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CITY OF TRAER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CITY OF TRAER
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0514 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1649 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2649 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3649 2ND STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TRAER
IRS990ScheduleI/RecipientTable/USAddress/CityNm1TRAER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2TRAER
IRS990ScheduleI/RecipientTable/USAddress/CityNm3TRAER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2IA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050675
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd150675
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd250675
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd350675
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990. THE BOARD OF DIRECTORS IS GIVEN A COPY OF THE FORM 990 TO REVIEW. EACH MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW THE REPORT AND HAVE QUESTIONS ANSWERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD OF DIRECTOR ANNUALLY COMPLETES A CONFLICT OF INTEREST STATEMENT WHICH IS REVIEWED BY THE BOARD IN ITS ENTIRETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02139639
IRS990/TotalAssetsEOYAmt01965912
IRS990/TotalAssetsGrp/BOYAmt02139639
IRS990/TotalAssetsGrp/EOYAmt01965912
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt036257
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086686
IRS990/TotalFunctionalExpensesGrp/TotalAmt086686
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02139639
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01965912
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt086686
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055258
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091515
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02139639
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01965912
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0611 2ND STREET
IRS990/USAddress/CityNm0TRAER
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050675
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DON STANSBERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03194782148
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAER COMMUNITY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TRAE
ReturnHeader/Filer/EIN0421366419
ReturnHeader/Filer/PhoneNum03194782148
ReturnHeader/Filer/USAddress/AddressLine1Txt0611 SECOND STREET
ReturnHeader/Filer/USAddress/CityNm0TRAER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050675
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200436277
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWMAN & MILLER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHALLTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050158
ReturnHeader/PreparerPersonGrp/PhoneNum06417539337
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH A MILLER
ReturnHeader/ReturnTs02023-05-04T14:12:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STANSBERY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.13$0.10$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.15$0.11$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.09$0.09$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.14$0.09$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.09$0.07$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.12$0.08$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.42$0.16$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.14$0.17$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.10$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.07$0.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.07$0.05$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.48$0.06$0.42
2012Summary only. Only limited summary data is available for this year.$1.17$0.00$1.17$0.09$0.09$0.00
2011Summary only. Only limited summary data is available for this year.$1.18$0.00$1.18$0.12$0.07$0.05