William Van Overloop Charitable Remainder Trust EIN 38-6616770 Form 990 (PDF) Claim this org

William Van Overloop Charitable Remainder Trust FY2025 filing

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Provides funds to named charities to help cover their expenses. For fiscal year 2025 it reported $42K in revenue, $39K in expenses, and $577K in net assets.Pt I

Founded
1984
Type
Supporting organization · Nonprofit
Location
Cincinnati, OH
Filings
5 on file (2021–2025)
Revenue
$42KFY2025
Expenses
$39K
Net assets
$577K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  38-6616770 Supporting organization Cincinnati, OH Founded 1984
Form 990 (PDF)
You’re viewing the FY2025 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Provides funds to named charities to help cover their expenses.
Leadership
Fifth Third Bank N A · Trustee · $9K
Money in and out
$42K revenue, $39K expenses
Bottom line
+8% net inflow
Money in and out · FY2025
Total revenue
$42K
Pt VIII · Ln 12
Total expenses
$39K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Net inflow
+8%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
80%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$42K
FY2025▼ -73%
Expenses
$39K
FY2025▲ +2%
Total assets
$577K
FY2025▲ +0.6%
Total liabilities
$0
FY2025
Total revenue
$42K
Pt VIII · Ln 12
Total expenses
$39K
Pt IX · Ln 25
Net assets
$577K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$577K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $31K of program spending, described in the organization's own filed words · FY2024.
01

To provide operating funds for central reformed church. Funds are to be used exclusively for new pew cushions, broadcasting, or televising the morning service, and for the general advertising budget of the church.

$15Kprogram expense
02

To provide support for the hope college chapel choir.

$15Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWilliam Van Overloop Charitable Remainder Trust
EINHdr · item D38-6616770
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1984
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$8,965Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2025FY2024FY2023FY2022FY2021
Fifth Third Bank N A$9,395$8,965$8,117$7,972$8,269$7,135

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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Statement of Revenue

Part VIII
Investment income100%$42K
Total revenueLn 12$42K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$31K
Management & general20%$8K
Total functional expensesLn 25$39K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$577K
Total liabilitiesLn 26$0
Total net assetsLn 32$577K
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $577K · Operating expenses/yr $39K
178.3 months
Where the money goes
Program services
Program services $31K · Total expenses $39K
80%
Management & General
Management & general $8K · Total expenses $39K
20%
Fundraising
Fundraising $0 · Total expenses $39K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $42K
0%
Government reliance
Government grants — · Total revenue $42K
Earned-income share
Program service revenue $0 · Total revenue $42K
0%
Investment reliance
Investment income $42K · Total revenue $42K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $39K
0%
Growth & trend
Revenue growth (YoY)
This year $42K · Prior year $157K
-73%
Net-asset trend (YoY)
End of year $577K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $42K · Expenses $39K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $577K
Net-asset ratio
Net assets $577K · Total assets $577K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $557K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $577K
97%
People & payroll
Highest Reported Total Compensation
Individual Fifth Third Bank N A · Reported title TRUSTEE · Highest reported compensation $9K · Total expenses $39K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9K · Total expenses $39K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 20%
Revenue growth -73%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 12 grants · $189K · 2020–2025
Hope CollegeMI · FY2025$15,525
Hope CollegeMI · FY2024$14,090
Hope CollegeMI · FY2023$14,097
Hope CollegeMI · FY2022$16,750
Hope CollegeMI · FY2021$14,500
Hope CollegeMI · FY2020$21,031

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025$42K revenue · viewing · ⤓ 990 PDF
FY2024$157K revenue · ⤓ 990 PDF
FY2023$18K revenue · ⤓ 990 PDF
FY2022$51K revenue · ⤓ 990 PDF
FY2021$12K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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