Nonprofit · EIN 42-1329834
CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $150,959 | $120,392 | $30,567 | $284,320 | – | $284,320 |
| December 31, 2024 | 990-EZ | $126,100 | $125,503 | $597 | $253,753 | – | $253,753 |
| December 31, 2023 | 990-EZ | $121,313 | $123,013 | -$1,700 | $253,156 | – | $253,156 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $141,307
- Program service revenue
- $1,299
- Investment income
- $8,200
- Net gain from sales of assets
- $153
Expenses
- Grants and similar amounts paid
- $7,952
- Compensation of officers, directors and key employees
- $40,961
- Salaries, compensation and benefits (total)
- $78,218
- Professional fees and payments to contractors
- $1,566
- Occupancy
- $18,048
- Other expenses
- $14,608
- Program services (functional)
- $47,641
Balance sheet and other
- Total assets, start of year
- $253,753
- Total assets, end of year
- $284,320
- Total liabilities, end of year
- –
- Net assets, end of year
- $284,320
- Cash, savings and investments
- $284,320
- Gross receipts
- $150,959
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALLISON STUDER | DIRECTOR | 25 | $40,961 |
| EMILY BORMANN | PRESIDENT | 0 | $0 |
| LEAH WILHITE | SECRETARY | 0 | $0 |
| KEVIN BANWART | TREASURER | 4 | $0 |
| MARY KAE HANSON | VICE PRESIDE | 0 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALLISON STUDER | DIRECTOR | 25 | $39,213 |
| EMILY BORMANN | PRESIDENT | 0 | $0 |
| LEAH WILHITE | SECRETARY | 0 | $0 |
| KEVIN BANWART | TREASURER | 0 | $0 |
| MARY KAE HANSON | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALLISON KLEE | DIRECTOR | 0 | $31,752 |
| EMILY BORMANN | PRESIDENT | 0 | $0 |
| LEAH WILHITE | SECRETARY | 0 | $0 |
| KEVIN BANWART | TREASURER | 0 | $0 |
| MARY KAE HANSON | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 353, ALGONA, IA 50511-0353
- Signed the 990-EZ
- KEVIN BANWART, TREASURER
- Phone
- (515) 395-2273
- Return prepared by
- ERPELDING VOIGT & CO LLP
Mission
TO ASSIST CHILDREN AND FAMILIES WITH NECESSARY RESOURCES AND EDUCATION
Program accomplishments
- SPECIFIC ASSISTANCE WAS PROVIDED TO KOSSUTH COUNTY AREA INDIVIDUALS IN NEEDExpenses $47,641 · grants $7,952
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1329834
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $284,320
- Income (IRS master file)
- $150,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $150,959 | $120,392 | $284,320 | XML |
| 990-EZ | December 2024 | $126,100 | $125,503 | $253,753 | IRS |
| 990-EZ | December 2023 | $121,313 | $123,013 | $253,156 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1329834).
Questions about CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC
- What is the EIN of CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC?
- The employer identification number (EIN) of CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC is 42-1329834.
- Is CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $40,961 (ALLISON STUDER, DIRECTOR).
- How much revenue does CHILD ASSISTANCE RESOURCE AND EDUCATION TEAM INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $150,959, expenses of $120,392 and total assets of $284,320 at year end.
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