Fourche Valley Charitable Trust

EIN 43-6450034 Supporting organization Potosi, MO
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Revenue & expenses by yearFY2020–FY2023
Revenue
$235K
FY2023▲ +15%
Expenses
$268K
FY2023▲ +14%

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).


Acquires and preserves land, operating a golf course. For fiscal year 2023 it reported $235K in revenue, $268K in expenses, and $3.5M in net assets.Pt I

Type
Supporting organization · Nonprofit
Location
Potosi, MO
Filings
4 on file (2020–2023)
Revenue
$235KFY2023
Expenses
$268K
Net assets
$3.5M
People
5
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Provided by the organization

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Size
$100K–1M
What they do
Acquires and preserves land, operating a golf course.
Leadership
Kurt Kallaus · President
Money in and out
$235K revenue, $268K expenses
Bottom line
-14% net inflow

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

warning Last filed FY2023 — 3 yrs ago

Details →

Foundation funders?

good 1 funder — Sunnen Foundation

$50K in the latest grant year. Details →

Spent on programs?

good 100% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↑ +15% vs prior year Details →

Money in and out · FY2023
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$268K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $1.00
Net inflow
-14%
revenue over expenses, this year▲ +11% vs prior filing year
Pass-through gifts
18%
of revenue from contributions▼ -1% vs prior filing year
Program spending
100%
of expenses reach stated programs0% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$3.5M
FY2023▼ -1%
Total liabilities
$14K
FY2023▼ -33%
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$3.5M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CFourche Valley Charitable Trust
EINHdr · item D43-6450034
Principal addressHdr · item CPotosi, MO
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $268K of program spending, described in the organization's own filed words · FY2023.
01

Preservation of real estate and operation of a golf course.

$268Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$140K · 59%
Other revenue$51K · 22%
Contributions & grants$43K · 18%
Program service revenue59%$140K
Other revenue22%$51K
Contributions & grants18%$43K
Investment income$540
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$268K
Total functional expensesLn 25$268K

Balance Sheet

Part X · end of year
CashLn 1$34K
Total assetsLn 16$3.5M
Total liabilitiesLn 26$14K
Total net assetsLn 32$3.5M
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $34K · Operating expenses/yr $268K
1.5 months
Where the money goes
Program services
Program services $268K · Total expenses $268K
100%
Management & General
Management & general $0 · Total expenses $268K
0%
Fundraising
Fundraising $0 · Total expenses $268K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $39K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $43K · Total revenue $235K
18%
Government reliance
Government grants — · Total revenue $235K
—
Earned-income share
Program service revenue $140K · Total revenue $235K
59%
Investment reliance
Investment income $540 · Total revenue $235K
+0.2%
Program self-sufficiency
Program service revenue $140K · Total expenses $268K
52%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $204K
+15%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $268K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $3.5M
—
Net-asset ratio
Net assets $3.5M · Total assets $3.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kurt Kallaus · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $268K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $127K · Total expenses $268K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0%——
Revenue growth 15%——
Legal fee ratio 0.3%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$50K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$235K revenue · viewing · ⤓ 990 PDF
FY2022$204K revenue · ⤓ 990 PDF
FY2021$183K revenue · ⤓ 990 PDF
FY2020$180K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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