Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-1391307

MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION

Also known as C-O R G BUCHANAN

Tax-exempt · ALGONA, IA 50511

Financials

$113K$100K2023$222K$113K2024$164K$129K2025
Revenue Expenses · by fiscal year end
Financials of MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$163,566$129,291$34,275$1,653,914$0$1,653,914
December 31, 2024990-PF$222,080$112,844$109,236$1,614,656$0$1,614,656
December 31, 2023990-PF$112,975$99,974$13,001$1,503,673$0$1,503,673
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$130,347
Interest
$6
Net gain from sales of assets
$33,213

Expenses

Grants and similar amounts paid
$112,750
Disbursements for charitable purposes
$114,137
Excise tax on investment income
$2,134

Balance sheet and other

Total assets, start of year
$1,614,656
Total assets, end of year
$1,653,914
Total liabilities, end of year
$0
Net assets, end of year
$1,653,914
Fair market value of assets
$2,118,549
Qualifying distributions
$114,137
Net investment income
$163,566

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.

NameTitleHours / weekCompensation
KRISTINE SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
President1$0
MICHAEL C SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
Trustee1$0
LARRY PERSON
322 S THORINGTON ST, ALGONA, IA 50511
Treasurer1$0
CHRISTOPHER BURTNETT
321 S MOORE ST, ALGONA, IA 50511
Trustee1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
KRISTINE SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
President1$0
MICHAEL C SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
Trustee1$0
LARRY PERSON
322 S THORINGTON ST, ALGONA, IA 50511
Treasurer1$0
CHRISTOPHER BURTNETT
321 S MOORE ST, ALGONA, IA 50511
Trustee1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
KRISTINE SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
President1$0
MICHAEL C SCHLIEVERT
101 OAK LAKE DRIVE, ALGONA, IA 50511
Trustee1$0
LARRY PERSON
322 S THORINGTON ST, ALGONA, IA 50511
Treasurer1$0
CHRISTOPHER BURTNETT
321 S MOORE ST, ALGONA, IA 50511
Trustee1$0

Address and contacts

Address (IRS master file)
315 S MOORE ST, ALGONA, IA 50511-3330
In care of
% B OF A
Signed the 990-PF
LARRY PERSON, Treasurer
Phone
(515) 295-7890
Return prepared by
Buchanan Bibler Gabor Meis

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1391307
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
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,653,914
Income (IRS master file)
$339,725

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$163,566$129,291$1,653,914IRS
990-PFDecember 2024$222,080$112,844$1,614,656IRS
990-PFDecember 2023$112,975$99,974$1,503,673XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 42-1391307).

Questions about MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION

What is the EIN of MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION?
The employer identification number (EIN) of MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION is 42-1391307.
Is MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION 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 MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION 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 MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MAHANA-CONGREGATIONAL CHURCH SCHOLARSHIP FOUMDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $163,566, expenses of $129,291 and total assets of $1,653,914 at year end.

Other nonprofits in ALGONA

All nonprofits in ALGONA · Iowa