Traer Community Foundation EIN 42-1366419

Traer Community Foundation

EIN  42-1366419 Public foundation / grantmaker Traer, IA Founded 1990
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Accepts and receives property to benefit the Traer community.
Leadership
Taylor Howard · Vice-Chairman
Money in and out
$175K revenue, $100K expenses
Bottom line
100% program efficiency

Accepts and receives property to benefit the Traer community. For fiscal year 2025 it reported $175K in revenue, $100K in expenses, and $2.3M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$175K
Pt VIII · Ln 12
Total expenses
$100K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $75K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
269.5mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
+43%
revenue over expenses, this year▲ +138% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$175K
FY2025▲ +40%
Expenses
$100K
FY2025▼ -2%
Total assets
$2.3M
FY2025▲ +5%
Total liabilities
$0
FY2025
Total revenue
$175K
Pt VIII · Ln 12
Total expenses
$100K
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$75K
Total assetsPt X · Ln 16$2.3M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $100K of program spending, described in the organization's own filed words · FY2025.
01

To receive and accept property exclusively for educational, cultural, charitable or benevolent purposes for the benefit of residents of the traer, iowa metropolitan area in such a way that the quality of life in the traer metropolitan area is enhanced.

$100Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTraer Community Foundation
EINHdr · item D42-1366419
Principal addressHdr · item CTraer, IA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1990
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFApr 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Vice-Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Trust Officer
$0Pt VII · Sec A
Secretary/Legal Officer
$0Pt VII · Sec A
See Traer Community Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$107K · 61%
Contributions & grants$68K · 39%
Investment income61%$107K
Contributions & grants39%$68K
Total revenueLn 12$175K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$100K
Total functional expensesLn 25$100K

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$2.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.3M
Months of cash on handcomputed169.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.3M · Operating expenses/yr $100K
269.5 months
Where the money goes
Program services
Program services $100K · Total expenses $100K
100%
Management & General
Management & general $0 · Total expenses $100K
0%
Fundraising
Fundraising $0 · Total expenses $100K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $68K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $68K · Total revenue $175K
39%
Government reliance
Government grants — · Total revenue $175K
Earned-income share
Program service revenue $0 · Total revenue $175K
0%
Investment reliance
Investment income $107K · Total revenue $175K
+61%
Program self-sufficiency
Program service revenue $0 · Total expenses $100K
0%
Growth & trend
Revenue growth (YoY)
This year $175K · Prior year $125K
+40%
Revenue CAGR
FY2020 $91K · FY2025 $175K
+14%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $175K · Expenses $100K
+43%
Liabilities-to-Assets
Total liabilities — · Total assets $2.3M
Net-asset ratio
Net assets $2.3M · Total assets $2.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $836K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.3M
37%
People & payroll
Highest Reported Total Compensation
Individual Taylor Howard · Reported title VICE-CHAIRMAN · Highest reported compensation $0 · Total expenses $100K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $100K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth 40%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$30
Grants paid · 46 grants · $375K · 2020–2025
North Tama Community School DistrictFY2025$25,000
City of TraerFY2025$22,259
Traer TheaterFY2025$9,075
City of TraerFY2025$8,500
Unitemized GrantFY2025$8,472
City of TraerFY2025$5,750
City of TraerFY2024$18,250
Pied Piper PreschoolFY2024$12,500
Unitemized GrantFY2024$10,350
North Tama Community School DistrictFY2024$8,744
North Tama Community School DistrictFY2024$8,593
Traer Fire DepartmentFY2024$7,450
North Tama Community School DistrictFY2024$7,000
Christian Hands Across TraerFY2024$6,000
City of TraerFY2023$24,976
City of TraerFY2023$18,114
Traer TheaterFY2023$15,386
City of TraerFY2023$14,000
See all 46 grants →

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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 (Latest)$175K revenue · viewing · ⤓ 990 PDF
FY2024$125K revenue · ⤓ 990 PDF
FY2023$150K revenue · ⤓ 990 PDF
FY2022$92K revenue · ⤓ 990 PDF
FY2021$138K revenue · ⤓ 990 PDF
FY2020$91K 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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