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Orville L & Beverly Borgmann Charitable Trust

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Unknown / Unclassified (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$27.7k (2025)

Expenses
$17.8k (2025)

Total Assets
$253k (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2014 to 2025

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 Jan.
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$27,716
Expenses
$17,785
Net Income
$9,931
Net Assets
$252,591
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,940
25.0%
Dividends $3,267
11.8%
Sales of Assets $17,509
63.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,162
85.3%
Compensation of Officers* $2,753
15.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $252,591
Total Liabilities $0
Net Assets $252,591
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,753 $0

Document Links

Fiscal Year Ending Jan.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,867
Expenses
$17,844
Net Income
-$11,977
Net Assets
$242,659
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,617
95.7%
Dividends $3,947
67.3%
Sales of Assets -$3,697
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,464
86.7%
Compensation of Officers* $2,478
13.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $242,659
Total Liabilities $0
Net Assets $242,659
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,478 $0

Document Links

Fiscal Year Ending Jan.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,893
Expenses
$19,806
Net Income
-$13,913
Net Assets
$254,635
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,263
55.4%
Dividends $6,636
> 100%
Sales of Assets -$4,006
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,176
86.7%
Compensation of Officers* $2,381
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 $254,635
Total Liabilities $0
Net Assets $254,635
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,381 $0

Document Links

Fiscal Year Ending Jan.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$35,248
Expenses
$19,289
Net Income
$15,959
Net Assets
$268,549
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $3,278
9.3%
Dividends $5,074
14.4%
Sales of Assets $26,146
74.2%
Other Income $750
2.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $16,654
86.3%
Compensation of Officers* $2,784
14.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $268,549
Total Liabilities $0
Net Assets $268,549
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,784 $0

Document Links

Fiscal Year Ending Jan.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,650
Expenses
$17,315
Net Income
-$9,665
Net Assets
$252,590
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,568
72.8%
Dividends $2,970
38.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $14,853
85.8%
Compensation of Officers* $2,524
14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $252,591
Total Liabilities $1
Net Assets $252,590
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,524 $0

Document Links

Fiscal Year Ending Jan.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,066
Expenses
$16,830
Net Income
-$9,764
Net Assets
$262,241
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,303
89.2%
Dividends $2,407
34.1%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $14,549
86.4%
Compensation of Officers* $2,409
14.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $262,242
Total Liabilities $1
Net Assets $262,241
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,409 $0

Document Links

Fiscal Year Ending Jan.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,207
Expenses
$17,204
Net Income
-$9,997
Net Assets
$272,007
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,398
88.8%
Dividends $3,043
42.2%
Sales of Assets -$2,234
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $14,920
86.7%
Compensation of Officers* $2,400
14.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $272,007
Total Liabilities $0
Net Assets $272,007
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,400 $0

Document Links

Fiscal Year Ending Jan.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,492
Expenses
$17,465
Net Income
-$6,973
Net Assets
$282,002
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,371
60.7%
Dividends $2,833
27.0%
Sales of Assets $1,288
12.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,178
86.9%
Compensation of Officers* $2,415
13.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $282,002
Total Liabilities $0
Net Assets $282,002
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,415 $0

Document Links

Fiscal Year Ending Jan.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,573
Expenses
$17,835
Net Income
-$8,262
Net Assets
$288,976
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,520
68.1%
Dividends $3,014
31.5%
Sales of Assets $39
0.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $15,536
87.1%
Compensation of Officers* $2,417
13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $288,976
Total Liabilities $0
Net Assets $288,976
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,417 $0

Document Links

Fiscal Year Ending Jan.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$11,422
Expenses
$16,083
Net Income
-$4,661
Net Assets
$297,239
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,216
45.7%
Dividends $3,327
29.1%
Sales of Assets $2,879
25.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $13,792
85.8%
Compensation of Officers* $2,429
15.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $297,239
Total Liabilities $0
Net Assets $297,239
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,429 $0

Document Links

Fiscal Year Ending Jan.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$11,528
Expenses
$20,616
Net Income
-$9,088
Net Assets
$301,461
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,067
52.6%
Dividends $2,833
24.6%
Sales of Assets $981
8.5%
Other Income $1,647
14.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $17,665
85.7%
Compensation of Officers* $2,518
12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $301,461
Total Liabilities $0
Net Assets $301,461
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $2,518 $0

Document Links

Fiscal Year Ending Jan.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$311,404
Expenses
$854
Net Income
$310,550
Net Assets
$310,550
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $307,680
98.8%
Interest Revenue $851
0.3%
Dividends $757
0.2%
Sales of Assets $469
0.2%
Other Income $1,647
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $106
12.4%
Compensation of Officers* $831
97.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $310,550
Total Liabilities $0
Net Assets $310,550
Compensation
Key Employees and Officers Compensation Other
The Peoples Bank (Trustee) $831 $0

Document Links

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.

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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 »

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