Civic Intelligence

Doris & Ralph Preuss Charitable Trust

990PF • Fiscal year 2021 • EIN 85-6218767

Jan 01, 2021 to Dec 31, 2021 • Filed on May 08, 2022

2601 4th St SWMason City, IA 50401

(641) 422-1600

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

93rd percentile

77%

Higher net margin than 93% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$18,063

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

50th percentile

6.9%

Faster asset growth than 50% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-86%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

$3,419,472

No earlier filing loaded for comparison.

Net Assets

$3,419,472

No earlier filing loaded for comparison.

Liabilities

$1

No earlier filing loaded for comparison.

Revenue

$437,274

No earlier filing loaded for comparison.

Expenses

$98,954

No earlier filing loaded for comparison.

Net Income

$338,320

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $3,419,472Liabilities 2021: $1Net Assets 2021: $3,419,4722021Assets 2022: $3,344,661Liabilities 2022: $0Net Assets 2022: $3,344,6612022Assets 2024: $3,253,252Liabilities 2024: $0Net Assets 2024: $3,253,2522024

Highlighted filing

2021

Assets$3,419,472
Liabilities$1
Net Assets$3,419,472

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2021: $437,274Expenses 2021: $98,954Net Income 2021: $338,3202021Revenue 2022: $128,103Expenses 2022: $202,914Net Income 2022: -$74,8112022Revenue 2024: $171,820Expenses 2024: $192,920Net Income 2024: -$21,1002024

Highlighted filing

2021

Revenue$437,274
Expenses$98,954
Net Income$338,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 8, 2022
Return Version
2021v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-TrusteePT$18,063-$18,063
Filing and Contact Details

Filer

Filer Name
Doris & Ralph Preuss Charitable Trust
EIN
85-6218767
Phone
6414221600
Address
2601 4TH ST SW, MASON CITY, IA 50401

Signing Officer

Name
Roberta Cornelius
Title
Trust Officer
Phone
6414221600
Signed
2022-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Laird Law Firm Plc
Address
11 4TH ST NE, MASON CITY, IA 50401
Preparer
Jonathan Kiss
Phone
6414235154
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IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0FIRST CITIZENS BANK
IRS990PF/StatementsRegardingActyGrp/PhoneNum06414221600
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt03288
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt33288
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt43287
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt56575
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt69863
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0MAINTAIN LANDDONATED AS GREENAREA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1SUCH PURPOSES ASMUSEUM BOARDDETERMINES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2TELEPHONE ANSWERINGSERVICE FORHOMEBOUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3CAPITAL IMPROVEMENTSAS DIRECTORS DEEMNECESSARY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4MECHANICAL ARTSSTUDENT SCHOLARSHIPS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5SCHOLARSHIP FORSTUDENTS ENTERINGMINISTRY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6SCHOLARSHIP FOR STUDENTS ENTERING MINISTRY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0CERRO GORDO COUNTY CONSVERVATION BOARD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1CHARLES H MACNIDER ART MUSEUM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2GOOD SHEPHERD HEALTH CENTER INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3LUTHERAN CHILDREN'S HOME SOCIETY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4NORTH IOWA AREA COMMUNITY COLLEGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5ST JAMES LUTHERAN CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6TRINITY LUTHERAN CHURCH
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt03501 LIME CREEK RD
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3106 16TH ST SW
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4500 COLLEGE DR
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt6416 LAKE ST W
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt013547
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt032877
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0164377
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
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IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0150830
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt032877
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0RALPH PREUSS ESTATE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt04604 83RD ST
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0URBANDALE
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd050322
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0313934

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