Lowden Charitable Trust INC EIN 42-1389853 Form 990 (PDF) Claim this org

Lowden Charitable Trust INC

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Serves the Lowden community and nearby areas. For fiscal year 2025 it reported $81K in revenue, $66K in expenses, and $461K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Lowden, IA
Filings
6 on file (2020–2025)
Revenue
$81KFY2025
Expenses
$66K
Net assets
$461K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  42-1389853 Public foundation / grantmaker Lowden, IA
Form 990 (PDF)
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Size
<$100K
What they do
Serves the Lowden community and nearby areas.
Leadership
Leroy Luepker · President
Money in and out
$81K revenue, $66K expenses
Bottom line
100% program efficiency
Grants paid & assets · FY2025
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$66K
Pt IX · Ln 25
Net assets
$461K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $14K
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
83.3mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +101% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$81K
FY2025▲ ×59
Expenses
$66K
FY2025▲ +32%
Total assets
$461K
FY2025▲ +16%
Total liabilities
$0
FY2025
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$66K
Pt IX · Ln 25
Net assets
$461K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$14K
Total assetsPt X · Ln 16$461K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $66K of program spending, described in the organization's own filed words · FY2025.
01

Supporting the lowden community

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLowden Charitable Trust INC
EINHdr · item D42-1389853
Principal addressHdr · item CLowden, IA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22Z)
Ruling yearIRS BMFApr 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
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
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$49K · 60%
Contributions & grants$32K · 40%
Investment income60%$49K
Contributions & grants40%$32K
Total revenueLn 12$81K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$66K
Total functional expensesLn 25$66K

Balance Sheet

Part X · end of year
CashLn 1$41K
Total assetsLn 16$461K
Total liabilitiesLn 26$0
Total net assetsLn 32$461K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $461K · Operating expenses/yr $66K
83.3 months
Where the money goes
Program services
Program services $66K · Total expenses $66K
100%
Management & General
Management & general $0 · Total expenses $66K
0%
Fundraising
Fundraising $0 · Total expenses $66K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $32K · Total revenue $81K
40%
Government reliance
Government grants — · Total revenue $81K
Earned-income share
Program service revenue $0 · Total revenue $81K
0%
Investment reliance
Investment income $49K · Total revenue $81K
+60%
Program self-sufficiency
Program service revenue $0 · Total expenses $66K
0%
Growth & trend
Revenue growth (YoY)
This year $81K · Prior year $1K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $461K · Beginning of year $397K
+16%
Balance sheet
Surplus Margin
Revenue $81K · Expenses $66K
+18%
Liabilities-to-Assets
Total liabilities $0 · Total assets $461K
0%
Net-asset ratio
Net assets $461K · Total assets $461K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $420K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $461K
91%
People & payroll
Highest Reported Total Compensation
Individual Leroy Luepker · Reported title President · Highest reported compensation $0 · Total expenses $66K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $66K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth ×59
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · FY2020
Total grants receivedfrom 1 funder$12K
Grants paid · 6 grants · $200K · 2020–2025
330 Golf & Country ClubFY2025$65,347
330 Golf & Country ClubFY2024$46,055
330 Golf & Country ClubFY2023$16,636
330 Golf & Country ClubFY2022$27,000
330 Golf & Country ClubFY2021$15,000
330 Golf & Country ClubFY2020$30,000

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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)$81K revenue · viewing · ⤓ 990 PDF
FY2024$1K revenue · ⤓ 990 PDF
FY2023$3K revenue · ⤓ 990 PDF
FY2022$58K revenue · ⤓ 990 PDF
FY2021$8K revenue · ⤓ 990 PDF
FY2020$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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