Odella S Baak Charitable Trust

Sioux City, IAGovernment-related / quasi-public EIN 47-6983787Revenue $59K in FY2025Latest return filed May 7, 2026

On file with the IRSSioux City, IA

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$9K paid to officers and key staff.
Pay: 990-PF Part VIII

Before you give

FY2025 · 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
3 of 6
filings with a surplus
Average deficit $2K a year · 5% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$9K
to officers and key staff · 21% of spending
Pay to officers and key staff is 21% of spending.
990-PF Part VIII
11.0 mo
of spending, in cash
11.0 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
$59K
+40% vs prior year
Spent
$41K
Net assets
$542K
By yearFY2020–FY2025
Revenue
$59K
FY2025▲ +40%
Tap a bar for its year
Revenue by fiscal year
FY2020$29K
FY2021$55K
FY2022$13K
FY2023$27K
FY2024$42K
FY2025$59K
Expenses
$41K
FY2025▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$37K
FY2021$38K
FY2022$44K
FY2023$38K
FY2024$38K
FY2025$41K
Net assets
$542K
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$546K
FY2021$562K
FY2022$532K
FY2023$521K
FY2024$524K
FY2025$542K

From the FY2025 Form 990 · see the original

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 74% · $31K Operating & administrative 26% · $11K

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

1 person listed on the 990-PF; $9K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
$8,655990-PF Pt VIII

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

NameFY2025FY2024
Security National Bank$8,655$8,368

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 Odella S 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 · $31K · 2025–2025
Individual RecipientFY2025$18,487
St Olaf CollegeFY2025$12,324

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$15K
Median grantPart XV$18K
Largest grantPart XV$18K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$59K
Investment income$59K
Money out
$41K
Grants paid$31K
Running costs$11K
Owns and owes
$542K
net assets
Cash and savings$38K
Total assets$542K
Liabilities$0
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$59K
Total revenue$59K
Assets in detailEnd of year
Cash and savings together$38K
Total assets$542K
Liabilities$0
Net assets$542K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 7, 2026 $59K$41K$18K$542K 990 PDF
FY2024Filed with the IRS May 12, 2025 $42K$38K$4K$524K 990 PDF
FY2023Filed with the IRS May 8, 2024 $27K$38K−$11K$521K 990 PDF
FY2022Filed with the IRS May 4, 2023 $13K$44K−$31K$532K 990 PDF
FY2021Filed with the IRS May 6, 2022 $55K$38K$16K$562K 990 PDF
FY2020Filed with the IRS May 24, 2021 $29K$37K−$8K$546K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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