Pauline E Angerer Irrevocable Trust FY2020 filing

Tax-deductible

Swansea, IL501(c)(3)Since 2009ReligionEIN 27-6091697Revenue $42K in FY2020

On file with the IRS4387 N Illinois St, 62226-1836 · Swansea, ILTax-exempt since Sep 2011Supporting org, Type III (non-functionally integrated) — 509(a)(3)

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The Pauline Angerer Tr was set up upon her death to directly benefit the St Paul United Church of Christ with 50% of net income, the First United Presbyterian Church 25% of net income, and Westminster Presbyterian Church 25% of net income.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$33K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $2K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$33K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$42K
Spent
$94K
To programs
63%
Net assets
$2.4M
By yearFY2020–FY2025
Revenue
$42K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$42K
FY2021$115K
FY2022$73K
FY2023$92K
FY2024$161K
FY2025$143K
Expenses
$94K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$94K
FY2021$100K
FY2022$90K
FY2023$108K
FY2024$111K
FY2025$133K
Net assets
$2.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$2.4M
FY2022$2.4M
FY2023$2.4M
FY2024$2.4M
FY2025$2.4M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $60K Management & general 37% · $34K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $33K paid to officers and key staff.

Part VII, Section A · reportable compensation
$33,093Pt VII · Sec A

First Bank’s $29K as Trustee is at the 28th percentile of top reported officer pay among 2132 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
First Bank Wealth Management—$27,877$26,307$27,324$30,093$33,093
First Bank$28,965—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Distributes income to three specific churches.

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Provided by the organization

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1 program · $60K · in their own filed words · FY2020
01

All expenses are to maintain the account and to pay the net income 100% to the 3 churches listed.

$60Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 15 grants · $351K · 2020–2024
St Paul United Church of ChrisFY2024$39,601
St Paul United Church of ChrisFY2023$40,091
St Paul United Church of ChrisFY2022$30,533
St Paul United Church of ChrisFY2021$34,081
St Paul United Church of ChrisFY2020$29,980

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$42K
Ln 12
Investment incomeLn 3$42K
Money outPt IX
$94K
Ln 25
Programscol B$60K
Managementcol C$34K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$70K
Total assetsLn 16$2.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$42K
Gains on assetsLn 7−$30K
Total revenueLn 12$42K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$65K
Cash and savings togetherLn 1–2$70K
InvestmentsLn 11–13$2.3M
Total assetsLn 16$2.4M
LiabilitiesLn 26$0
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$95K$70K
InvestmentsLn 11–13$2.3M$2.3M
Total assetsLn 16$2.4M$2.4M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.4M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$60K$60K
Pay of current officers, directors and key staffLn 5$33K$33K
Accounting feesLn 11c$900$900
Other expenses (24a–d)Ln 24$298$298
Total functional expensesLn 25$94K$60K$34K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $143K$133K$10K$2.4M 990 PDF
FY2024 $161K$111K$50K$2.4M 990 PDF
FY2023 $92K$108K−$16K$2.4M 990 PDF
FY2022 $73K$90K−$17K$2.4M 990 PDF
FY2021 $115K$100K$15K$2.4M 990 PDF
FY2020 Viewing $42K$94K−$52K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $41,853 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $97,239$41,853
I-11 Other revenue$0
I-12 Total revenuePrior year $97,239$41,853
I-13 Grants and similar amounts paidPrior year $79,738$59,638
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $33,583$33,093
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,371$1,198
I-18 Total expensesPrior year $114,692$93,929
I-19 Revenue less expensesPrior year −$17,453−$52,076
Part VI · Governance 1 of 1 board members independent, 4 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $41,853 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $72,110$72,110
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$30,257−$30,257
VIII-12 Total revenueExcluded from tax $41,853$41,853
Part IX · Statement of functional expenses $93,929 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $59,638$59,638
IX-5 Pay of current officers, directors and key staffManagement $33,093$33,093
IX-11c Accounting feesManagement $900$900
IX-24 Other expenses (24a–d)Management $298$298
IX-25 Total functional expensesPrograms $59,638 · Management $34,291 · Fundraising $0$93,929
Part X · Balance sheet $2,380,043 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $3,240$4,704
X-2 Savings and temporary cash investmentsStart of year $91,363$65,339
X-11 Publicly traded securitiesStart of year $2,337,516$2,310,000
X-16 Total assetsStart of year $2,432,119$2,380,043
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,432,119$2,380,043
X-33 Total liabilities and net assetsStart of year $2,432,119$2,380,043
Part XI · Reconciliation of net assets $2,380,043 net assets at year end
XI-1 Total revenue$41,853
XI-2 Total expenses$93,929
XI-3 Revenue less expenses−$52,076
XI-4 Net assets at start of year$2,432,119
XI-10 Net assets at end of year$2,380,043

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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