Earl Wakefield Irrevocable Charitable Trust FY2021 filing

Wichita, KSMutual-benefit / member-serving EIN 48-6215097Revenue $45K in FY2021

On file with the IRSPo Box 637, 67201-0637 · Wichita, KSTax-exempt since 0000

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Support and further the work of the h l snyder medical research institute

78¢ of each $1 spent went to programs.
$10K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $11K a year · 33% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$10K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $585K in investments, Pt X · Ln 11–13
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$45K
+288% vs prior year
Spent
$45K
To programs
78%
Net assets
$590K
By yearFY2020–FY2025
Revenue
$45K
FY2021▲ +288%
Tap a bar for its year
Revenue by fiscal year
FY2020$12K
FY2021$45K
FY2022$59K
FY2023$24K
FY2024$23K
FY2025$40K
Expenses
$45K
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$44K
FY2021$45K
FY2022$44K
FY2023$43K
FY2024$48K
FY2025$46K
Net assets
$590K
FY2021▼ -88%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.8M
FY2021$590K
FY2022$605K
FY2023$586K
FY2024$561K
FY2025$555K

From the FY2021 Form 990 (year ending September 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 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 ruling in 0000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $35K Management & general 22% · $10K

Form 990 Part IX, line 25, columns B–D. 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; $10K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$9,602Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Commerce Trust$11,201$13,333$7,053———
Commerce Trust Company———$9,469$9,602$8,886

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds and advances medical research to improve health.

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Provided by the organization

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1 program · $35K · in their own filed words · FY2020
01

Quarterly distributions of $8750 to HL snyder medical FOUNDATIONC/O toya laney, 1407 wheat RD, winfield, KS 67156

$35Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $210K · 2019–2024

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$45K
Ln 12
Investment incomeLn 3$45K
Money outPt IX
$45K
Ln 25
Programscol B$35K
Managementcol C$10K
Owns and owesPt X
$590K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$590K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$45K
Gains on assetsLn 7$28K
Total revenueLn 12$45K
Assets in detailPt X, end of year
SavingsLn 2$6K
Cash and savings togetherLn 1–2$6K
InvestmentsLn 11–13$585K
Total assetsLn 16$590K
LiabilitiesLn 26$0
Net assetsLn 32$590K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$30K$6K
InvestmentsLn 11–13$560K$585K
Total assetsLn 16$590K$590K
LiabilitiesLn 26$0$0
Net assetsLn 32$590K$590K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$35K$35K
Pay of current officers, directors and key staffLn 5$10K$10K
Total functional expensesLn 25$45K$35K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $40K$46K−$6K$555K 990 PDF
FY2024 $23K$48K−$25K$561K 990 PDF
FY2023 $24K$43K−$19K$586K 990 PDF
FY2022 $59K$44K$15K$605K 990 PDF
FY2021 Viewing $45K$45K$607$590K 990 PDF
FY2020 $12K$44K−$32K$4.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $45,209 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $11,657$45,209
I-11 Other revenue$0
I-12 Total revenuePrior year $11,657$45,209
I-13 Grants and similar amounts paidPrior year $35,000$35,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $8,886$9,602
I-16a Professional fundraising fees$0
I-17 Other expenses$0
I-18 Total expensesPrior year $43,886$44,602
I-19 Revenue less expensesPrior year −$32,229$607
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $45,209 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $17,034$17,034
VIII-7 Net gain or loss on sales of assets$28,175
VIII-12 Total revenueExcluded from tax $17,034$45,209
Part IX · Statement of functional expenses $44,602 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $35,000$35,000
IX-5 Pay of current officers, directors and key staffManagement $9,602$9,602
IX-25 Total functional expensesPrograms $35,000 · Management $9,602 · Fundraising $0$44,602
Part X · Balance sheet $590,334 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $29,628$5,599
X-11 Publicly traded securitiesStart of year $560,103$584,735
X-16 Total assetsStart of year $589,731$590,334
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $589,731$590,334
X-33 Total liabilities and net assetsStart of year $589,731$590,334
Part XI · Reconciliation of net assets $590,334 net assets at year end
XI-1 Total revenue$45,209
XI-2 Total expenses$44,602
XI-3 Revenue less expenses$607
XI-4 Net assets at start of year$589,731
XI-9 Other changes in net assets−$4
XI-10 Net assets at end of year$590,334

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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