Nonprofit · EIN 42-1432416
THE CRESSANT FOUNDATION
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $195,732 | $203,434 | -$7,702 | $2,697,030 | $0 | $2,697,030 |
| December 31, 2024 | 990-PF | $302,390 | $128,938 | $173,452 | $2,704,732 | $0 | $2,704,732 |
| December 31, 2023 | 990-PF | $68,126 | $190,245 | -$122,119 | $2,529,305 | $0 | $2,529,305 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $101,680
- Net gain from sales of assets
- $94,052
Expenses
- Grants and similar amounts paid
- $169,674
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $169,754
- Excise tax on investment income
- $2,477
Balance sheet and other
- Total assets, start of year
- $2,704,732
- Total assets, end of year
- $2,697,030
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,697,030
- Fair market value of assets
- $3,484,655
- Qualifying distributions
- $169,754
- Net investment income
- $195,732
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 |
|---|---|---|---|
| LINDA K JACK 219 CHAPEL STREET, GRASS VALLEY, CA 95945 | PRESIDENT & DIRECTOR | 1.2 | $0 |
| DAVID E ARENS 315 5TH STREET SUITE 200, DES MOINES, IA 50309 | SECRETARY & DIRECTOR | 0.2 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA K JACK 219 CHAPEL STREET, GRASS VALLEY, CA 95945 | PRESIDENT & DIRECTOR | 1.2 | $0 |
| DAVE ARENS 315 5TH STREET SUITE 200, DES MOINES, IA 50309 | SECRETARY & DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA K JACK 219 CHAPEL STREET, GRASS VALLEY, CA 95945 | PRESIDENT & DIRECTOR | 1.8 | $675 |
| JOAN R PIGGOTT 12610 WOODGREEN STREET, LOS ANGELES, CA 90066 | DIRECTOR | 0 | $0 |
| GREGORY L KENYON 801 GRAND AVENUE SUITE 3700, DES MOINES, IA 50309 | SECRETARY | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 666 GRAND AVE STE 2000, DES MOINES, IA 50309-2510
- In care of
- % JAMES M HOLCOMB TTEE
- Signed the 990-PF
- LINDA KAY JACK, PRESIDENT
- Phone
- (515) 242-2473
- Return prepared by
- BROWN WINICK GRAVES GROSS & BASKERVILLE
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
- 42-1432416
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $2,697,030
- Income (IRS master file)
- $401,320
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $195,732 | $203,434 | $2,697,030 | XML |
| 990-PF | December 2024 | $302,390 | $128,938 | $2,704,732 | XML |
| 990-PF | December 2023 | $68,126 | $190,245 | $2,529,305 | 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 42-1432416).
Questions about THE CRESSANT FOUNDATION
- What is the EIN of THE CRESSANT FOUNDATION?
- The employer identification number (EIN) of THE CRESSANT FOUNDATION is 42-1432416.
- Is THE CRESSANT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE CRESSANT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE CRESSANT FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE CRESSANT FOUNDATION 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 THE CRESSANT FOUNDATION 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 THE CRESSANT FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does THE CRESSANT FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $195,732, expenses of $203,434 and total assets of $2,697,030 at year end.
Other nonprofits in DES MOINES
- DRAKE UNIVERSITY EIN 42-0680460 · last filed 990 for 2025
- GRAND VIEW UNIVERSITY EIN 42-0681049 · last filed 990 for 2025
- P E O FOUNDATION EIN 42-6094564 · last filed 990 for 2025
- GRAND VIEW CHRISTIAN SCHOOL ASSOCIATION INC EIN 46-4468575 · last filed 990 for 2025
- ISU VETERINARY SERVICES CORPORATION EIN 42-6409168 · last filed 990 for 2025
- IOWA MEDICAL EDUCATION COLLABORATIVE EIN 46-0867190 · last filed 990 for 2025
- P E O EDUCATIONAL LOAN FUND EIN 42-6078059 · last filed 990 for 2025
- JOSHUA CHRISTIAN ACADEMY INC EIN 26-3549972 · last filed 990 for 2025