Odella S Baak Charitable Tr Tw
EIN: 476983787 · Sioux City, IA
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $38K |
| Net Assets | $521K |
Is Odella S Baak Charitable Tr Tw Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Odella S Baak Charitable Tr Tw
Odella S Baak Charitable Tr Tw (EIN: 476983787) is a nonprofit organization based in Sioux City, IA. The organization reported total revenue of $71K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Odella S Baak Charitable Tr Tw's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Odella S Baak Charitable Tr Tw is a micro nonprofit, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -31.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $38K |
| Surplus / Deficit | $-11,002 |
| Total Assets | $521K |
| Total Liabilities | $1 |
| Net Assets | $521K |
| Operating Margin | -40.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.7 months |
Financial Health Grade: B
In 2023, Odella S Baak Charitable Tr Tw reported a deficit of $11K with expenses exceeding revenue, holds 162.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Odella S Baak Charitable Tr Tw's revenue has declined at a compound annual growth rate (CAGR) of -31.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +113.4% | -12.0% | -2.1% |
| 2022 | -76.4% | +14.7% | -5.5% |
| 2021 | +87.9% | +3.4% | +3.0% |
| 2020 | +30.8% | -3.8% | -1.4% |
| 2019 | -96.2% | +1902.8% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Odella S Baak Charitable Tr Tw has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Odella S Baak Charitable Tr Tw with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Odella S Baak Charitable Tr Tw
Is Odella S Baak Charitable Tr Tw a legitimate charity?
Odella S Baak Charitable Tr Tw (EIN: 476983787) is a registered tax-exempt nonprofit based in Iowa. It has 6 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. Financial health grade: B.
How does Odella S Baak Charitable Tr Tw spend its money?
Odella S Baak Charitable Tr Tw reported $71K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Odella S Baak Charitable Tr Tw tax-deductible?
Odella S Baak Charitable Tr Tw is registered as a tax-exempt nonprofit (EIN: 476983787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Odella S Baak Charitable Tr Tw located?
Odella S Baak Charitable Tr Tw is headquartered in Sioux City, Iowa and files with the IRS under EIN 476983787.
How many years of IRS 990 filings does Odella S Baak Charitable Tr Tw have?
Odella S Baak Charitable Tr Tw has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71K in total revenue.
Filing History
IRS 990 filing history for Odella S Baak Charitable Tr Tw showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Odella S Baak Charitable Tr Tw's revenue has declined by 95.3%, moving from $579K to $27K. Total assets decreased by 9.6% over the same period, from $576K to $521K. Total functional expenses rose by 1913%, from $2K to $38K. In its most recent filing year (2023), Odella S Baak Charitable Tr Tw reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $521K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $38K | $521K | $1 | — | — |
| 2022 | $13K | $44K | $532K | $1 | — | — |
| 2021 | $55K | $38K | $562K | $1 | — | — |
| 2020 | $29K | $37K | $546K | $1 | — | — |
| 2019 | $22K | $38K | $554K | $0 | — | View 990 |
| 2015 | $579K | $2K | $576K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $38K, and assets of $521K (revenue +113.4% year-over-year).
- 2022: Revenue of $13K, expenses of $44K, and assets of $532K (revenue -76.4% year-over-year).
- 2021: Revenue of $55K, expenses of $38K, and assets of $562K (revenue +87.9% year-over-year).
- 2020: Revenue of $29K, expenses of $37K, and assets of $546K (revenue +30.8% year-over-year).
- 2019: Revenue of $22K, expenses of $38K, and assets of $554K (revenue -96.2% year-over-year).
- 2015: Revenue of $579K, expenses of $2K, and assets of $576K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Odella S Baak Charitable Tr Tw:
Data Sources and Methodology
This transparency report for Odella S Baak Charitable Tr Tw is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.