Religion-Related (X11) 990 on File

MILDRED FRANCES RASMUSSEN TEST TR

EIN: 42-6593740 · FORT MADISON, IA 52627-2925 · United States · FY 2023 Data

3 out of 5 52 / 100 Based on 2+ years of filings

Financial strength (30%) 93/100

Reliability (20%) 55/100

Effectiveness (25%) 51/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Financial Overview — FY 2023

$15K

Total Revenue

$19K

Total Expenses

$322K

Net Assets

N/A

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 83.3%

Fundraising Efficiency N/A

Operating Reserve 199.89x

Liability-to-Asset N/A

Revenue Diversification 72.8%

Compared with Peers

FY 2023

Compared with 11,627 similar organizations (United States, Religion-Related, under $100K in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	83.3%	83.6%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	199.9 mo	11.9 mo	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	72.8%	100.0%	P10P90	Top quarter
Revenue growth Year over year revenue growth	63.5%	-0.5%	P10P90
Expense growth Year over year expense growth	2.4%	0.0%	P10P90
Surplus margin Surplus as a share of revenue	-33.3%	6.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$15K	$19K	$322K	83.3%	—
2022	$9K	$19K	$327K	81.8%	—
2021	$15K	$16K	N/A	—	1

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Organization Details

EIN: 42-6593740
State: IA
City: FORT MADISON
ZIP: 52627-2925
Classification: X11
Category: Religion-Related
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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