GDMCF CHARITABLE TRUST

EIN: 396787864 501(c)(3) Philanthropy & Grantmaking

DES MOINES, IA

Total Revenue
$5,701,655
Total Expenses
$189,788
Total Assets
$180,753
Net Assets
$1,133
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IA
Principal Officer
KRISTINE KNOUS
Phone
5158832626
Tax Period
2023-01-01 to 2023-12-31

GDMCF CHARITABLE TRUST, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.7M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5.5M, a strong 97% operating margin.

Mission

SUPPORT THE CHARITABLE ACTIVITIES OF THE COMMUNITY FOUNDATION OF GREATER DES MOINES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $187,920
Program Service Revenue $0
Investment Income $5,513,735
Other Revenue $0
TOTAL REVENUE $5,701,655

Expense Breakdown

Grants Paid $179,620
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $189,495
Other Expenses $10,168
TOTAL EXPENSES $189,788

Year-over-Year Comparison

2023 2022 Change
Revenue $5,701,655 $9,301,266 -0.4%
Expenses $189,788 $9,269,088 -1.0%
Net Income $5,511,867 $32,178 +170.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
1
$399,397
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTINE KNOUS TRUSTEE 1.00
Director
$0 $74,328 $399,397
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,701,655 $189,788 $180,753 $5,511,867
2022 $9,301,266 $9,269,088 $9,271,734 $32,178
2019 $621,795 $481,466 $5,000 $140,329
2018 $2,536,399 $2,026,771 $9,491 $509,628
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