Leonhard E Baak Charitable Trust FY2022 filing

Sioux City, IAGovernment-related / quasi-public EIN 42-6576745Revenue $91K in FY2022Latest return filed May 7, 2026

On file with the IRSSioux City, IA

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FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $20K a year · 11% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
6.2 mo
of spending, in cash
6.2 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$91K
-58% vs prior year
Spent
$199K
Net assets
$2.9M
By yearFY2020–FY2025
Revenue
$91K
FY2022▼ -58%
Tap a bar for its year
Revenue by fiscal year
FY2020$157K
FY2021$217K
FY2022$91K
FY2023$151K
FY2024$191K
FY2025$238K
Expenses
$199K
FY2022▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$182K
FY2021$179K
FY2022$199K
FY2023$184K
FY2024$201K
FY2025$219K
Net assets
$2.9M
FY2022▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.0M
FY2021$3.0M
FY2022$2.9M
FY2023$2.9M
FY2024$2.9M
FY2025$2.9M

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 83% · $165K Operating & administrative 17% · $34K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Compensation history total reportable pay by year · 1 named individual · 990-PF Part VIII

NameFY2025FY2024
Security National Bank$20,554$20,241

Total reportable compensation (Form 990-PF Part VIII column (c) / 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.

See Leonhard E Baak Charitable Trust executive salaries →

Programs and updates

A government-related organization based in Sioux City, IA.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 2 grants · $186K · 2025–2025
International Lutheran Laymen's LeagueFY2025$92,858
Regents of the University of ColoradoFY2025$92,858

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$93K
Median grantPart XV$93K
Largest grantPart XV$93K

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$91K
Investment income$46K
Other income$45K
Money out
$199K
Grants paid$165K
Running costs$34K
Owns and owes
$2.9M
net assets
Cash and savings$102K
Total assets$2.9M
Liabilities$0
2In more detail
Revenue in detail
Investment income$46K
Other income$45K
Total revenue$91K
Assets in detailEnd of year
Cash and savings together$102K
Total assets$2.9M
Liabilities$0
Net assets$2.9M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 7, 2026 $238K$219K$19K$2.9M 990 PDF
FY2024Filed with the IRS May 12, 2025 $191K$201K−$11K$2.9M 990 PDF
FY2023Filed with the IRS May 8, 2024 $151K$184K−$33K$2.9M 990 PDF
FY2022 ViewingFiled with the IRS May 4, 2023 $91K$199K−$108K$2.9M 990 PDF
FY2021Filed with the IRS May 10, 2022 $217K$179K$39K$3.0M 990 PDF
FY2020Filed with the IRS May 7, 2021 $157K$182K−$25K$3.0M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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