Skip to main content

Nonprofit · EIN 42-1379832

ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA

Also known as C-O R G BUCHANAN

Tax-exempt · ALGONA, IA 50511

Financials

$19K$42K2023$62K$42K2024$47K$32K2025
Revenue Expenses · by fiscal year end
Financials of ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$47,385$32,286$15,099$656,980$0$656,980
December 31, 2024990$61,567$42,333$19,234$614,735$0$614,735
December 31, 2023990$18,884$42,407-$23,523$585,530$0$585,530
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$47,385
Net gain from sales of assets
$1,142
Other revenue
$0

Expenses

Grants and similar amounts paid
$30,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,000
Program services (functional)
$30,000
Management and general (functional)
$2,286

Balance sheet and other

Total assets, start of year
$614,735
Total assets, end of year
$656,980
Total liabilities, end of year
$0
Net assets, end of year
$656,980
Publicly traded securities
$656,980
Gross receipts
$74,276
Employees
0
Volunteers
8
Year formed
1956
State of legal domicile
IA

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL SCHLIEVERTTrustee
Trustee or director
1$0
CHRIS BURTNETTTrustee
Trustee or director
1$0
KRISTINE SCHLIEVERTTrustee
Trustee or director
1$0
LARRY PERSONTrustee
Trustee or director
1$0
990 for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MICHAEL SCHLIEVERTTrustee
Trustee or director
1$0
CHRIS BURTNETTTrustee
Trustee or director
1$0
KRISTINE SCHLIEVERTTrustee
Trustee or director
1$0
LARRY PERSONTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL SCHLIEVERTTrustee
Trustee or director
1$0
KRISTINE SCHLIEVERTTrustee
Trustee or director
1$0
LARRY PERSONTrustee
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 617, ALGONA, IA 50511-0617
In care of
% G BUCHANAN
Signed the 990
LARRY PERSON, Trustee
Phone
(515) 295-3565
Return prepared by
Buchanan Bibler Gabor Meis

Mission

THE ENDOWMENT TRUST WAS ORGANIZED TO ACCEPT CONTRIBUTIONS TO BE INVESTED FOR THE BENEFIT OF THE FIRST CONGREGATIONAL CHURCH UNITED CHURCH OF CHRIST OF ALGONA, IOWA. IT IS CHARGED WITH INVESTING THOSE FUNDS AND MAKING GRANTS TO SAID CHURCH FOR EITHER THE CHURCH'S OPERATING EXPENSES OR CAPITAL IMPROVEMENTS. IT MAY NOT MAKE GRANTS TO ANY ENTITY OR PERSON OTHER THAN SAID CHURCH.

990 for the year ended December 31, 2025

Program accomplishments

  • THE TRUST IS DESIGNED TO SUPPORT THE FIRST CONGREGATIONAL CHURCH , A NON-PROFIT RELIGIOUS ORGANIZATION.
    Expenses $30,000 · grants $30,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1379832
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$656,980
Income (IRS master file)
$74,276

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$47,385$32,286$656,980IRS
990December 2024$61,567$42,333$614,735IRS
990December 2023$18,884$42,407$585,530XML
990December 2022$67,600$27,513$539,680IRS
990December 2021–––IRS
990December 2020–––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 42-1379832).

Questions about ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA

What is the EIN of ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA?
The employer identification number (EIN) of ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA is 42-1379832.
Is ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA 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 ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA 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 ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does ENDOWMENT FUND OF THE FIRST CONGREGATIONAL CHURCH OF ALGONA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $47,385, expenses of $32,286 and total assets of $656,980 at year end.

Other nonprofits in ALGONA

All nonprofits in ALGONA · Iowa