Seigfried Petersen Community Trust
Seigfried Petersen Community Trust consistently distributes nearly all annual revenue with no officer compensation.
EIN: 201074254 · Tipton, IA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $42K |
| Program Spending | 99% |
| Net Assets | $481K |
| Transparency Score | 95/100 |
Is Seigfried Petersen Community Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seigfried Petersen Community Trust directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seigfried Petersen Community Trust
Seigfried Petersen Community Trust (EIN: 201074254) is a nonprofit organization based in Tipton, IA, classified under NTEE code T20. The organization reported total revenue of $42K and total assets of $481K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seigfried Petersen Community Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seigfried Petersen Community Trust is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $42K |
| Surplus / Deficit | +$289 |
| Total Assets | $481K |
| Net Assets | $481K |
| Operating Margin | 0.7% |
| Months of Reserves | 138.3 months |
Financial Health Grade: A
In 2023, Seigfried Petersen Community Trust reported a surplus of $289 with revenue exceeding expenses, holds 138.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Seigfried Petersen Community Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.6% | +29.0% | +0.1% |
| 2022 | +0.0% | +0.2% | +0.0% |
| 2021 | +0.0% | +0.1% | +0.0% |
| 2020 | +0.0% | +0.2% | +0.0% |
| 2019 | +0.0% | -1.5% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Seigfried Petersen Community Trust with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Seigfried Petersen Community Trust allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $289, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive salaries from the Trust, which is highly efficient for an organization of its size and type.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Seigfried Petersen Community Trust:
- Consistent 0% officer compensation, maximizing funds for mission.
- Zero reported liabilities across all filings, indicating strong financial health.
- High spending efficiency, with expenses closely matching revenue annually (e.g., 2023 revenue $42,026 vs. expenses $41,737).
- Stable asset base of approximately $480,000, providing a solid foundation.
- Clear and consistent financial reporting over 13 years, demonstrating transparency.
Frequently Asked Questions about Seigfried Petersen Community Trust
Is Seigfried Petersen Community Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Seigfried Petersen Community Trust (EIN: 201074254) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Seigfried Petersen Community Trust spend its money?
Seigfried Petersen Community Trust directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seigfried Petersen Community Trust tax-deductible?
Seigfried Petersen Community Trust is registered as a tax-exempt nonprofit (EIN: 201074254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Seigfried Petersen Community Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Seigfried Petersen Community Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seigfried Petersen Community Trust located?
Seigfried Petersen Community Trust is headquartered in Tipton, Iowa and files with the IRS under EIN 201074254. It is classified under NTEE code T20.
How many years of IRS 990 filings does Seigfried Petersen Community Trust have?
Seigfried Petersen Community Trust has 13 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 $42K in total revenue.
Is Seigfried Petersen Community Trust a good charity?
Based on its financial data, the Seigfried Petersen Community Trust appears to be a very good charity, particularly for its type (private grantmaking foundation). It consistently spends nearly all its revenue on its mission, has no liabilities, and pays no officer compensation, indicating high efficiency and dedication to its purpose.
How does the Trust manage its assets?
The Trust maintains stable assets around $480,000, with slight fluctuations year-to-year (e.g., $480,896 in 2023 vs. $480,607 in 2022). This suggests a conservative management approach, likely focused on preserving the endowment while generating income for annual distributions.
What is the primary financial activity of this organization?
The primary financial activity is distributing funds. Its expenses closely track its revenues (e.g., 2023 revenue $42,026, expenses $41,737), indicating that it grants out nearly all its annual income rather than accumulating significant surpluses.
Filing History
IRS 990 filing history for Seigfried Petersen Community Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seigfried Petersen Community Trust's revenue has grown by 52.1%, moving from $28K to $42K. Total assets increased by 1.3% over the same period, from $475K to $481K. Total functional expenses rose by 50%, from $28K to $42K. In its most recent filing year (2023), Seigfried Petersen Community Trust reported a surplus of $289, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $42K | $481K | $0 | — | — |
| 2022 | $32K | $32K | $481K | $0 | — | View 990 |
| 2021 | $32K | $32K | $481K | $0 | — | View 990 |
| 2020 | $32K | $32K | $480K | $0 | — | View 990 |
| 2019 | $32K | $32K | $480K | $0 | — | View 990 |
| 2018 | $32K | $33K | $480K | $0 | — | View 990 |
| 2017 | $32K | $32K | $480K | $0 | — | View 990 |
| 2016 | $32K | $33K | $479K | $0 | — | View 990 |
| 2015 | $36K | $36K | $480K | $0 | — | View 990 |
| 2014 | $39K | $40K | $480K | $0 | — | View 990 |
| 2013 | $37K | $37K | $481K | $0 | — | View 990 |
| 2012 | $33K | $27K | $481K | $0 | — | View 990 |
| 2011 | $28K | $28K | $475K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $42K, and assets of $481K (revenue +29.6% year-over-year).
- 2022: Revenue of $32K, expenses of $32K, and assets of $481K (revenue +0.0% year-over-year).
- 2021: Revenue of $32K, expenses of $32K, and assets of $481K (revenue +0.0% year-over-year).
- 2020: Revenue of $32K, expenses of $32K, and assets of $480K (revenue +0.0% year-over-year).
- 2019: Revenue of $32K, expenses of $32K, and assets of $480K (revenue +0.0% year-over-year).
- 2018: Revenue of $32K, expenses of $33K, and assets of $480K (revenue +0.0% year-over-year).
- 2017: Revenue of $32K, expenses of $32K, and assets of $480K (revenue +0.0% year-over-year).
- 2016: Revenue of $32K, expenses of $33K, and assets of $479K (revenue -10.0% year-over-year).
- 2015: Revenue of $36K, expenses of $36K, and assets of $480K (revenue -7.7% year-over-year).
- 2014: Revenue of $39K, expenses of $40K, and assets of $480K (revenue +4.8% year-over-year).
- 2013: Revenue of $37K, expenses of $37K, and assets of $481K (revenue +12.7% year-over-year).
- 2012: Revenue of $33K, expenses of $27K, and assets of $481K (revenue +19.5% year-over-year).
- 2011: Revenue of $28K, expenses of $28K, and assets of $475K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seigfried Petersen Community Trust:
Data Sources and Methodology
This transparency report for Seigfried Petersen Community Trust 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.