Civic Intelligence

Independence Charitable Trust

990 • Fiscal year 2021 • EIN 48-1172055

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 07, 2022

Organization ProfileWWW.MIDLANDGROUP.COM
1310 Wakarusa Drive ALawrence, KS 66049

(785) 840-9676

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

54th percentile

15%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

50th percentile

9.5%

Faster asset growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$6,365,070

Up $550,315 (+9.5%) from 2020

Net Assets

Up

$6,365,070

Up $594,223 (+10%) from 2020

Liabilities

Down

$0

Down $43,908 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin54th percentile

Revenue

Down

$222,118

Down $744,714 (-77%) from 2020

Expenses

Down

$189,853

Down $1,632 (-0.9%) from 2020

Net Income

Down

$32,265

Down $743,082 (-96%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,193,722Liabilities 2011: $0Net Assets 2011: $4,193,7222011Assets 2012: $4,530,551Liabilities 2012: $0Net Assets 2012: $4,530,5512012Assets 2013: $4,966,649Liabilities 2013: $0Net Assets 2013: $4,966,6492013Assets 2014: $4,894,847Liabilities 2014: $0Net Assets 2014: $4,894,8472014Assets 2015: $4,376,950Liabilities 2015: $0Net Assets 2015: $4,376,9502015Assets 2016: $4,182,099Liabilities 2016: $0Net Assets 2016: $4,182,0992016Assets 2017: $4,594,612Liabilities 2017: $142,115Net Assets 2017: $4,452,4972017Assets 2018: $4,419,570Liabilities 2018: $186,229Net Assets 2018: $4,233,3412018Assets 2019: $4,607,752Liabilities 2019: $0Net Assets 2019: $4,607,7522019Assets 2020: $5,814,755Liabilities 2020: $43,908Net Assets 2020: $5,770,8472020Assets 2021: $6,365,070Liabilities 2021: $0Net Assets 2021: $6,365,0702021Assets 2022: $5,066,780Liabilities 2022: $50,673Net Assets 2022: $5,016,1072022Assets 2023: $5,434,079Liabilities 2023: $51,888Net Assets 2023: $5,382,1912023Assets 2024: $6,212,179Liabilities 2024: $48,500Net Assets 2024: $6,163,6792024

Highlighted filing

2021

Assets$6,365,070
Liabilities$0
Net Assets$6,365,070
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $621,377Expenses 2011: $166,950Net Income 2011: $454,4272011Revenue 2012: $298,952Expenses 2012: $173,483Net Income 2012: $125,4692012Revenue 2013: $370,712Expenses 2013: $186,033Net Income 2013: $184,6792013Revenue 2014: $198,149Expenses 2014: $204,522Net Income 2014: -$6,3732014Revenue 2015: -$123,107Expenses 2015: $170,040Net Income 2015: -$293,1472015Revenue 2016: -$195,584Expenses 2016: $186,132Net Income 2016: -$381,7162016Revenue 2017: $321,622Expenses 2017: $171,100Net Income 2017: $150,5222017Revenue 2018: $266,462Expenses 2018: $182,747Net Income 2018: $83,7152018Revenue 2019: -$70,933Expenses 2019: $191,324Net Income 2019: -$262,2572019Revenue 2020: $966,832Expenses 2020: $191,485Net Income 2020: $775,3472020Revenue 2021: $222,118Expenses 2021: $189,853Net Income 2021: $32,2652021Revenue 2022: -$320,819Expenses 2022: $210,626Net Income 2022: -$531,4452022Revenue 2023: $110,293Expenses 2023: $215,150Net Income 2023: -$104,8572023Revenue 2024: $738,766Expenses 2024: $202,919Net Income 2024: $535,8472024

Highlighted filing

2021

Revenue$222,118
Expenses$189,853
Net Income$32,265
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 7, 2022
Return Version
2021v4.2
Gross Receipts
$1,804,729
Mission and Program Overview

Mission

Receive donations for purpose of making grants to 501(c)(3) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,184,200$4,658,603▲ $474,403
Investments Other Securities$1,624,862$1,705,951▲ $81,089
Savings and Temporary Cash Investments$5,693$516▼ $5,177
Total Assets$5,814,755$6,365,070▲ $550,315
Liabilities
Other Liabilities$43,908$0▼ $43,908
Total Liabilities$43,908$0▼ $43,908
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,770,847$6,365,070▲ $594,223
Total Net Assets Fund Balance$5,770,847$6,365,070▲ $594,223
Total Liabilities and Net Assets / Fund Balance$5,814,755$6,365,070▲ $550,315

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,705,951--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Mel J Sauer JrChairman of the Board
Marilyn M HarpExecutive Director
Donald a JohnstonTrustee
Mike LennenTrustee
Roger L MccollisterCEO
Steve FredricksonChief Financial Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,000
Program Service Revenue
$0
Investment Income
$96,029
Other Revenue
$81,089
Change in Net Assets
$32,265

Audited Revenue Reconciliation

Revenue per Audited Statements
$222,118
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$561,958
Total Revenue per Audited Statements
$784,076
Total Revenue per Form 990
$222,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$181,269
Other Expenses$8,584
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$181,269--$181,269
Fees for Service Investment Mgmnt Fees-$8,584-$8,584
Total Functional Expenses$181,269$8,584$0$189,853

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$189,853
Total Expenses per Audited Statements$189,853
Total Expenses per Form 990$189,853
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kansas Legal Services IncTopeka, KS501(c)(3)ASSIST LOW INCOME PERSONS' LEGAL NEEDS.$181,269
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Marilyn HarpBoard Member of Ict and Executive Director of Kls, Inc.Donation to Kansas Legal Services, Inc.No$181,269
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the director accounting services, reviewed by the chief financial officer, and copies are provided to the trustees.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financials statements are available to the public upon request at the main office of the organization.”

Filing and Contact Details

Filer

Filer Name
Independence Charitable Trust
EIN
48-1172055
Phone
7858409676
Address
1310 WAKARUSA DRIVE A, LAWRENCE, KS 66049

Signing Officer

Name
Steve Frederickson
Title
CFO
Phone
7853307261
Signed
2022-11-07

Organization Details

Principal Officer
Steve Frederickson
Formed
1995
Legal Domicile
Ks
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Ict is exempt from income taxes under section 501(c)(3) of the internal revenue code and has been classified as other than a private foundation. However, ict is subject to federal income tax on any unrelated business taxable income. The organization's policy is to evaluate uncertain tax positions annually. Management has evaluated the organization's tax positions and concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements.”

Raw XML AppendixShowing 400 of 413 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0RECEIVE DONATIONS FOR PURPOSE OF MAKING GRANTS TO 501(C)(3) ORGANIZATIONS.
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEVE FREDRICKSON THE MIDLAND GROUP
IRS990/BooksInCareOfDetail/PhoneNum07853307261
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01310 WAKARUSA DRIVE SUITE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAWRENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd066049
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt045000
IRS990/CYGrantsAndSimilarPaidAmt0181269
IRS990/CYInvestmentIncomeAmt096029
IRS990/CYOtherExpensesAmt08584
IRS990/CYOtherRevenueAmt081089
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt032265
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0189853
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0222118
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANT TO KANSAS LEGAL SERVICES, INC. - A 501(C)(3) ORGANIZATION SERVING LOW INCOME PERSONS' LEGAL NEEDS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0181269
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt08584
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt08584
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MEL J SAUER JR
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE LENNEN
IRS990/Form990PartVIISectionAGrp/PersonNm2DONALD A JOHNSTON
IRS990/Form990PartVIISectionAGrp/PersonNm3ROGER L MCCOLLISTER
IRS990/Form990PartVIISectionAGrp/PersonNm4MARILYN M HARP
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE FREDRICKSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt016134
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0181269
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0181269
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0181269
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01598745
IRS990/GrossReceiptsAmt01804729
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt079895
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt079895
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01624862
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01705951
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04184200
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04658603
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KS
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01582611
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RECEIVE DONATIONS FOR PURPOSE OF MAKING GRANTS TO 501(C)(3) ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05770847
IRS990/NetAssetsOrFundBalancesEOYAmt06365070
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt016134
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt016134
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0561958
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05770847
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06365070
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt043908
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0EQUITY IN EARNINGS OF 100% OWNED
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt081089
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt081089
IRS990/OtherRevenueTotalAmt081089
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STEVE FREDERICKSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0183132
IRS990/PYInvestmentIncomeAmt0126614
IRS990/PYOtherExpensesAmt08353
IRS990/PYOtherRevenueAmt0790218
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0775347
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0191485
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0966832
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt032265
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt045000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05693
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0516
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE EXECUTIVE DIRECTOR OF THE SUPPORTED ORGANIZATON IS A TRUSTEE OF THE INDEPENDENCE CHARITABLE TRUST (ICT). AS SUCH, SHE HAS A SIGNIFICANT VOICE IN THE INVESTMENT POLICIES AND IN DIRECTING THE USE OF INCOME AND ASSETS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE INDEPENDENCE CHARITABLE TRUST (ICT) RAISED FUNDS AND MADE A GRANT TO THE SUPPORTED ORGANIZATION, KANSAS LEGAL SERVICES, INC. (KLS). KLS USED THE GRANT TO FURTHER ITS EXEMPT PURPOSE BY SUPPORTING ITS CHARITABLE PROGRAMS. SINCE THE RECEIPT OF CONTRIBUTIONS AND THE DISBURSEMENT OF FUNDS FOR KLS ACTIVITIES ARE ACTIVITIES THAT KLS WOULD AND DOES DO DIRECTLY, THE INTEGRAL TEST IS MET. THE ICT DOES NOT ENGAGE IN ACTIVITIES OUTSIDE OF RAISING FUNDS AND GIVING GRANTS TO KLS OR OTHER APPROVED 501(C)(3) ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SEE EXPLANATION FOR PART IV, SECTION E, LINE 2A.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A AND 2B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0480872528
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0181269
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0KANSAS LEGAL SERVICES INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0181269
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0189853
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0561958
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01705951
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MIDLAND PROFESSIONAL SERVICES, INC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0561958
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0222118
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ICT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. HOWEVER, ICT IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION'S POLICY IS TO EVALUATE UNCERTAIN TAX POSITIONS ANNUALLY. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01705951
IRS990ScheduleD/TotalExpensesPerForm990Amt0189853
IRS990ScheduleD/TotalRevenuePerForm990Amt0222118
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0784076
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0189853
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0181269
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSIST LOW INCOME PERSONS' LEGAL NEEDS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0KANSAS LEGAL SERVICES INC
IRS990ScheduleI/RecipientTable/RecipientEIN0480872528
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0712 S KANSAS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TOPEKA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd066603
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MARILYN HARP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER OF ICT AND EXECUTIVE DIRECTOR OF KLS, INC.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0181269
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DONATION TO KANSAS LEGAL SERVICES, INC.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE DIRECTOR ACCOUNTING SERVICES, REVIEWED BY THE CHIEF FINANCIAL OFFICER, AND COPIES ARE PROVIDED TO THE TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIALS STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0INDEPENDENCE CHARITABLE TRUST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0481127189
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SERVICES TO HOSPITALS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MIDLAND PROFESSIONAL SERVICES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt02213293
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt081089
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01310 WAKARUSA DRIVE STE A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LAWRENCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd066049
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KANSAS LEGAL SERVICES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0480872528
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LAW FIRM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0712 S KANSAS AVE STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TOPEKA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd066603
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt045000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1181269
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MIDLAND PROFESSIONAL SERVICES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1KANSAS LEGAL SERVICES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05814755
IRS990/TotalAssetsEOYAmt06365070
IRS990/TotalAssetsGrp/BOYAmt05814755
IRS990/TotalAssetsGrp/EOYAmt06365070
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt045000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08584
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0181269
IRS990/TotalFunctionalExpensesGrp/TotalAmt0189853
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt043908
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt043908
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05770847
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06365070
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0181269
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt096029
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081089
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0222118
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05814755
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06365070
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd01
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt01310 WAKARUSA DRIVE A
IRS990/USAddress/CityNm0LAWRENCE
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd066049
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.MIDLANDGROUP.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE FREDERICKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07853307261
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENCE CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0INDE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,365,070
Liabilities
$0
Net assets
$6,365,070
Revenue
$222,118
Expenses
$189,853
Net income
$32,265
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.21$0.05$6.16$0.74$0.20$0.54
2023Detailed filing. Detailed filing data is available for this year.$5.43$0.05$5.38$0.11$0.22$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.07$0.05$5.02$0.32$0.21$0.53
2021Detailed filing. Detailed filing data is available for this year.$6.37$0.00$6.37$0.22$0.19$0.03
2020Detailed filing. Detailed filing data is available for this year.$5.81$0.04$5.77$0.97$0.19$0.78
2019Summary only. Only limited summary data is available for this year.$4.61$0.00$4.61$0.07$0.19$0.26
2018Summary only. Only limited summary data is available for this year.$4.42$0.19$4.23$0.27$0.18$0.08
2017Summary only. Only limited summary data is available for this year.$4.59$0.14$4.45$0.32$0.17$0.15
2016Summary only. Only limited summary data is available for this year.$4.18$0.00$4.18$0.20$0.19$0.38
2015Summary only. Only limited summary data is available for this year.$4.38$0.00$4.38$0.12$0.17$0.29
2014Summary only. Only limited summary data is available for this year.$4.89$0.00$4.89$0.20$0.20$0.01
2013Summary only. Only limited summary data is available for this year.$4.97$0.00$4.97$0.37$0.19$0.18
2012Summary only. Only limited summary data is available for this year.$4.53$0.00$4.53$0.30$0.17$0.13
2011Summary only. Only limited summary data is available for this year.$4.19$0.00$4.19$0.62$0.17$0.45