philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Knoernschild Trust Ltd

Tax-deductible

Milwaukee, WI501(c)(3)Human Services EIN 51-0138162Revenue $1.0M in FY2024

On file with the IRSPo Box 634, 53201-0634 · Milwaukee, WITax-exempt since Jun 1975Supporting organization — 509(a)(3)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote the welfare of young persons in the community, specifically young persons who use the services provided by st charles youth & family services, INC.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $402K a year · 34% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Plus $9.4M in investments, Pt X · Ln 11–13
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$230K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+122% vs prior year
Spent
$1.3M
To programs
95%
Net assets
$14.4M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▲ +122%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$1.1M
FY2022$691K
FY2023$457K
FY2024$1.0M
Expenses
$1.3M
FY2024▲ +120%
Tap a bar for its year
Expenses by fiscal year
FY2020$483K
FY2021$1.0M
FY2022$529K
FY2023$601K
FY2024$1.3M
Net assets
$14.4M
FY2024▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$14.3M
FY2021$14.4M
FY2022$14.5M
FY2023$14.2M
FY2024$14.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1975.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $1.2M Management & general 5% · $71K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Ann Johnson
Treasurer
$0Pt VII · Sec A
Peter J Wick
Secretary
$0Pt VII · Sec A
See Knoernschild Trust Ltd executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Helps young people in the community, especially those using St. Charles Youth & Family Services.

Questions for Knoernschild Trust Ltd

Tap to ask. Knoernschild Trust Ltd sees how many people are interested.

Your first name shows with your question. Knoernschild Trust Ltd answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $1.2M · in their own filed words · FY2024
01

Funds provided to ST charles youth & family services inc for capital improvements, project costs and other programs as requested by ST charles.

$1.2Mprogram 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 · 5 grants · $3.6M · 2020–2024
St Charles Youth and Family Services INCWI · FY2024$1,248,635
St Charles Youth and Family Services INCWI · FY2023$522,000
St Charles Youth and Family Services INCWI · FY2022$450,000
St Charles Youth and Family Services INCWI · FY2021$965,553
St Charles Youth and Family Services INCWI · FY2020$403,787

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.0M
Ln 12
Investment incomeLn 3$837K
Other incomeLn 4–11$177K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.2M
Managementcol C$71K
Owns and owesPt X
$14.4M
net assets · Ln 32
Cash and savingsLn 1–2$590K
Total assetsLn 16$14.6M
LiabilitiesLn 26$230K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$837K
Other incomeLn 4–11$177K
Gains on assetsLn 7$551K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$257K
SavingsLn 2$332K
Cash and savings togetherLn 1–2$590K
InvestmentsLn 11–13$9.4M
Other assetsLn 15$2K
Total assetsLn 16$14.6M
LiabilitiesLn 26$230K
Net assetsLn 32$14.4M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$464K$590K
InvestmentsLn 11–13$9.7M$9.4M
Total assetsLn 16$14.9M$14.6M
LiabilitiesLn 26$686K$230K
Net assetsLn 32$14.2M$14.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.2M$1.2M
Accounting feesLn 11c$750$750
Investment management feesLn 11f$66K$66K
Other fees for servicesLn 11g$0$0
Other expenses (24a–d)Ln 24$4K$4K
All other expensesLn 24e$371$371
Total functional expensesLn 25$1.3M$1.2M$71K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.0M$1.3M−$306K$14.4M 990 PDF
FY2023 $457K$601K−$144K$14.2M 990 PDF
FY2022 $691K$529K$162K$14.5M 990 PDF
FY2021 $1.1M$1.0M$20K$14.4M 990 PDF
FY2020 $2.8M$483K$2.3M$14.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,013,957 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $276,204$836,687
I-11 Other revenuePrior year $180,922$177,270
I-12 Total revenuePrior year $457,126$1,013,957
I-13 Grants and similar amounts paidPrior year $522,000$1,248,635
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $78,635$70,840
I-18 Total expensesPrior year $600,635$1,319,475
I-19 Revenue less expensesPrior year −$143,509−$305,518
Part VI · Governance 0 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
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 $1,013,957 across 4 lines filed
VIII-3 Investment incomeExcluded from tax $285,312$285,312
VIII-7 Net gain or loss on sales of assetsExcluded from tax $551,375$551,375
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $177,270$177,270
VIII-12 Total revenueExcluded from tax $1,013,957$1,013,957
Part IX · Statement of functional expenses $1,319,475 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $1,248,635$1,248,635
IX-11c Accounting feesManagement $750$750
IX-11f Investment management feesManagement $65,671$65,671
IX-11g Other fees for servicesManagement $0$0
IX-24 Other expenses (24a–d)Management $4,048$4,048
IX-24e All other expensesManagement $371$371
IX-25 Total functional expensesPrograms $1,248,635 · Management $70,840 · Fundraising $0$1,319,475
Part X · Balance sheet $14,613,212 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $13,348$257,390
X-2 Savings and temporary cash investmentsStart of year $450,299$332,199
X-4 Accounts receivableStart of year $4,771,778$4,671,133
X-11 Publicly traded securitiesStart of year $9,671,296$9,350,693
X-15 Other assetsStart of year $1,690$1,797
X-16 Total assetsStart of year $14,908,411$14,613,212
X-18 Grants payableStart of year $685,832$230,246
X-26 Total liabilitiesStart of year $685,832$230,246
X-32 Total net assets or fund balancesStart of year $14,222,579$14,382,966
X-33 Total liabilities and net assetsStart of year $14,908,411$14,613,212
Part XI · Reconciliation of net assets $14,382,966 net assets at year end
XI-1 Total revenue$1,013,957
XI-2 Total expenses$1,319,475
XI-3 Revenue less expenses−$305,518
XI-4 Net assets at start of year$14,222,579
XI-9 Other changes in net assets$465,905
XI-10 Net assets at end of year$14,382,966

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.