Nonprofit · EIN 20-8397881
LOOSER FLAKE CHARITABLE FOUNDATIONNFP
Tax-exempt · MOLINE, IL 61265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $707,129 | $502,509 | $204,620 | $6,036,352 | $0 | $6,036,352 |
| December 31, 2024 | 990-PF | $377,283 | $511,369 | -$134,086 | $5,836,537 | $0 | $5,836,537 |
| December 31, 2023 | 990-PF | $206,747 | $493,693 | -$286,946 | $5,970,623 | $0 | $5,970,623 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $233,330
- Net gain from sales of assets
- $473,799
Expenses
- Grants and similar amounts paid
- $400,000
- Compensation of officers, directors and key employees
- $96,368
- Disbursements for charitable purposes
- $453,772
- Excise tax on investment income
- $9,152
Balance sheet and other
- Total assets, start of year
- $5,836,537
- Total assets, end of year
- $6,036,352
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,036,352
- Fair market value of assets
- $9,608,614
- Qualifying distributions
- $453,772
- Net investment income
- $707,129
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUAD CITIES COMMUNITY FOUNDATION 852 MIDDLE ROAD, BETTENDORF, IA 52722 | CONSULTANT | 20 | $53,772 |
| QUAD CITY BANK & TRUST CO 3551 7TH STREET, MOLINE, IL 61265 | INVESTMENT MANAGER | 20 | $42,596 |
| TRACY BRASHEARS 3551 7TH STREET, MOLINE, IL 61265 | DIRECTOR/SECRETARY/TREASURER | 1 | $0 |
| JAMES ZMUDA 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR | 1 | $0 |
| JOHN A SLOVER JR 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR/PRESIDENT/ASST SEC | 1 | $0 |
| TREVOR FISK 852 MIDDLE ROAD, BETTENDORF, IA 52722 | TRUSTEE | 20 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUAD CITIES COMMUNITY FOUNDATION 852 MIDDLE ROAD, BETTENDORF, IA 52722 | CONSULTANT | 20 | $51,688 |
| QUAD CITY BANK & TRUST CO 3551 7TH STREET, MOLINE, IL 61265 | INVESTMENT MANAGER | 20 | $41,343 |
| TRACY BRASHEARS 3551 7TH STREET, MOLINE, IL 61265 | DIRECTOR/SECRETARY/TREASURER | 1 | $0 |
| JOE ZMUDA 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR | 1 | $0 |
| JOHN A SLOVER 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR/PRESIDENT/ASST SEC | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUAD CITIES COMMUNITY FOUNDATION 852 MIDDLE ROAD, BETTENDORF, IA 52722 | CONSULTANT | 20 | $50,182 |
| QUAD CITY BANK & TRUST CO 3551 7TH STREET, MOLINE, IL 61265 | INVESTMENT MANAGER | 20 | $38,906 |
| TRACY BRASHEARS 3551 7TH STREET, MOLINE, IL 61265 | DIRECTOR/SECRETARY/TREASURER | 1 | $0 |
| FRANK MITVALSKY 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR | 1 | $0 |
| JOHN A SLOVER 1515 5TH AVE STE 700, MOLINE, IL 61265 | DIRECTOR/PRESIDENT/ASST SEC | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3551 7TH ST QUAD CITY BANK TRUST, MOLINE, IL 61265-6156
- In care of
- % QUAD CITY BANK & TRUST CO
- Signed the 990-PF
- TRACY BRASHEARS, DIRECTOR
- Phone
- (309) 736-3889
- Return prepared by
- DELOITTE TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-8397881
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $6,036,352
- Income (IRS master file)
- $1,786,947
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $707,129 | $502,509 | $6,036,352 | XML |
| 990-PF | December 2024 | $377,283 | $511,369 | $5,836,537 | XML |
| 990-PF | December 2023 | $206,747 | $493,693 | $5,970,623 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 20-8397881).
Questions about LOOSER FLAKE CHARITABLE FOUNDATIONNFP
- What is the EIN of LOOSER FLAKE CHARITABLE FOUNDATIONNFP?
- The employer identification number (EIN) of LOOSER FLAKE CHARITABLE FOUNDATIONNFP is 20-8397881.
- Is LOOSER FLAKE CHARITABLE FOUNDATIONNFP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to LOOSER FLAKE CHARITABLE FOUNDATIONNFP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOOSER FLAKE CHARITABLE FOUNDATIONNFP file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOOSER FLAKE CHARITABLE FOUNDATIONNFP 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 LOOSER FLAKE CHARITABLE FOUNDATIONNFP last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LOOSER FLAKE CHARITABLE FOUNDATIONNFP?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 2 received compensation from the organization, the highest $53,772 (QUAD CITIES COMMUNITY FOUNDATION, CONSULTANT).
- How much revenue does LOOSER FLAKE CHARITABLE FOUNDATIONNFP have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $707,129, expenses of $502,509 and total assets of $6,036,352 at year end.
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