ENDOWMENT FUND OF THE FIRST CONG CHURCH OF ALGONA (EIN 421379832) - Form 990 Financial Analysis & Trantor Score

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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

1956

Legal Domicile

Phone

5152953565

Tax Period

2024-01-01 to 2024-12-31

ENDOWMENT FUND OF THE FIRST CONG CHURCH OF ALGONA, founded in 1956, is a micro nonprofit that reported $62K in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 31% operating margin.

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.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $61,567

Other Revenue $0

TOTAL REVENUE $61,567

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,000

Other Expenses $2,333

TOTAL EXPENSES $42,333

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,567	$18,884	+2.3%
Expenses	$42,333	$42,407	0.0%
Net Income	$19,234	$-23,523	-1.8%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SCHLIEVERT	Trustee	1.00	Director	$0	$0	$0
CHRIS BURTNETT	Trustee	1.00	Director	$0	$0	$0
KRISTINE SCHLIEVERT	Trustee	1.00	Director	$0	$0	$0
LARRY PERSON	Trustee	1.00	Director	$0	$0	$0

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
2025	No data	No data	No data	No data
2024	$61,567	$42,333	$614,735	$19,234
2023	$18,884	$42,407	$585,530	$-23,523
2022	$67,600	$27,513	$539,680	$40,087
2021	$95,984	$56,713	$593,791	$39,271
2020	$35,343	No data	$568,355	No data

ENDOWMENT FUND OF THE FIRST CONG CHURCH OF ALGONA