Skip to content
ProPublica Donate
ProPublica Donate

Leonhard E Baak Charitable Trust

2 05387 00
  • Sioux City, IA
  • EIN: 42-6576745

Organization summary

Type of Nonprofit

Designated as a Non-exempt charitable trusts.

Summary charts: organization finances over time

Revenue
$191k (2024)

Expenses
$201k (2024)

Total Assets
$2.89M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2015 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$190,600
Expenses
$201,422
Net Income
-$10,822
Net Assets
$2,885,666
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $142
0.1%
Dividends $50,449
26.5%
Sales of Assets $93,599
49.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $169,112
84.0%
Compensation of Officers* $20,241
10.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,885,666
Total Liabilities $0
Net Assets $2,885,666
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $20,241 $0

Document Links

990-PF
Filed on May 12, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$151,324
Expenses
$184,473
Net Income
-$33,149
Net Assets
$2,896,782
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $95
0.1%
Dividends $48,668
32.2%
Sales of Assets $55,228
36.5%
Other Income $923
0.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $155,571
84.3%
Compensation of Officers* $19,384
10.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,896,782
Total Liabilities $0
Net Assets $2,896,782
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $19,384 $0

Document Links

990-PF
Filed on May 8, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$90,975
Expenses
$198,817
Net Income
-$107,842
Net Assets
$2,929,567
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $26
0.0%
Dividends $43,123
47.4%
Sales of Assets $2,781
3.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $165,001
83.0%
Compensation of Officers* $19,818
10.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,929,567
Total Liabilities $0
Net Assets $2,929,567
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $19,818 $0

Document Links

990-PF
Filed on May 4, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$217,341
Expenses
$178,527
Net Income
$38,814
Net Assets
$3,037,224
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24
0.0%
Dividends $51,019
23.5%
Sales of Assets $130,808
60.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $147,582
82.7%
Compensation of Officers* $21,421
12.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,037,224
Total Liabilities $0
Net Assets $3,037,224
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $21,421 $0

Document Links

990-PF
Filed on May 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$156,834
Expenses
$181,766
Net Income
-$24,932
Net Assets
$2,999,345
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $24
0.0%
Dividends $38,849
24.8%
Sales of Assets $82,471
52.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $152,971
84.2%
Compensation of Officers* $19,236
10.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,999,346
Total Liabilities $1
Net Assets $2,999,345
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $19,236 $0

Document Links

990-PF
Filed on May 7, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$139,533
Expenses
$188,663
Net Income
-$49,130
Net Assets
$3,023,203
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20
0.0%
Dividends $51,431
36.9%
Sales of Assets $52,592
37.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $157,159
83.3%
Compensation of Officers* $19,329
10.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,023,204
Total Liabilities $1
Net Assets $3,023,203
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $19,329 $0

Document Links

990-PF
Filed on May 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$157,602
Expenses
$195,105
Net Income
-$37,503
Net Assets
$3,070,861
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20
0.0%
Dividends $43,131
27.4%
Sales of Assets $78,961
50.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $163,976
84.0%
Compensation of Officers* $20,348
10.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,070,861
Total Liabilities $0
Net Assets $3,070,861
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $20,348 $0

Document Links

990-PF
Filed on May 9, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$140,607
Expenses
$175,744
Net Income
-$35,137
Net Assets
$3,110,250
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20
0.0%
Dividends $51,347
36.5%
Sales of Assets $52,633
37.4%
Other Income $434
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,143
90.6%
Compensation of Officers* $8,231
4.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,110,250
Total Liabilities $0
Net Assets $3,110,250
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $8,231 $0

Document Links

990-PF
Filed on May 10, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,554
Expenses
$191,103
Net Income
-$97,549
Net Assets
$3,145,230
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $22
0.0%
Dividends $43,445
46.4%
Sales of Assets $12,549
13.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $154,439
80.8%
Compensation of Officers* $25,416
13.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,145,230
Total Liabilities $0
Net Assets $3,145,230
Compensation
Key Employees and Officers Compensation Other
Security National Bank (Trustee) $25,416 $0

Document Links

990-PF
Filed on May 5, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,268,480
Expenses
$33,522
Net Income
$3,234,958
Net Assets
$3,241,120
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,141,691
96.1%
Interest Revenue $23
0.0%
Dividends $45,710
1.4%
Sales of Assets $28,854
0.9%
Other Income $11,252
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $25,273
75.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,241,120
Total Liabilities $0
Net Assets $3,241,120

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated