Kb Charitable Tr EIN 57-1109692

Kb Charitable Tr

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Improves well-being and supports local charitable causes. For fiscal year 2025 it reported $167K in revenue, $161K in expenses, and $210K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Greenville, SC
Website
kbcharitable.org
Filings
5 on file (2021–2025)
Revenue
$167KFY2025
Expenses
$161K
Net assets
$210K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  57-1109692 Public foundation / grantmaker Greenville, SC
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves well-being and supports local charitable causes.
Leadership
Rb Sanders · Treasurer
Money in and out
$167K revenue, $161K expenses
Bottom line
92% program efficiency
Grants paid & assets · FY2025
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate▲ +18% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$167K
FY2025▲ +14%
Expenses
$161K
FY2025▲ +23%
Total assets
$231K
FY2025▼ -9%
Total liabilities
$21K
FY2025▼ -59%
Total revenue
$167K
Pt VIII · Ln 12
Total expenses
$161K
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$231K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $143K of program spending, described in the organization's own filed words · FY2025.
01

Bel-Aire Community Partners

A 501 (c) (3) organization set up as an inner-city ministry servicing the needs of disadvantaged neighborhoods in greenville,sc, mainly historical and rundown textile mill communities. Their activities include a year round after school program,a 9 week summer youth camp, and a youth leadership development program.

$81Kprogram expense
02

The lodge ministry, converse univeristy,dobson tape ministry,book devotions, KFCT history programs in the inner city to minsitry to the community, after school programs, events, giving tape ministry, devotion books, and events to overall community

$41Kprogram expense
03

Greenville Heritage Partners

Housing program and summer volunteers helping redevelop the under prevledged neighborhood known as bel-aire. Providing various services to low income families free of charge, such as cutting grass and minor repairs.

$21Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKb Charitable Tr
EINHdr · item D57-1109692
Principal addressHdr · item CGreenville, SC
WebsiteHdr · item Jkbcharitable.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMay 2001

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 12aYes
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
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$167K
— government grantsLn 1e$167K
Total revenueLn 12$167K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$148K
Management & general8%$13K
Total functional expensesLn 25$161K

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$231K
Total liabilitiesLn 26$21K
Total net assetsLn 32$210K
Months of cash on handcomputed1.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16K · Operating expenses (Pt IX) $161K · Less non-cash grants $62K · Cash operating expenses/yr $99K
2.0 months
Where the money goes
Program services
Program services $148K · Total expenses $161K
92%
Management & General
Management & general $13K · Total expenses $161K
8%
Fundraising
Fundraising $0 · Total expenses $161K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $58K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $167K · Total revenue $167K
100%
Government reliance
Government grants $167K · Total revenue $167K
100%
Earned-income share
Program service revenue $0 · Total revenue $167K
0%
Investment reliance
Investment income $0 · Total revenue $167K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $161K
0%
Growth & trend
Revenue growth (YoY)
This year $167K · Prior year $147K
+14%
Revenue CAGR
FY2021 $289K · FY2025 $167K
-13%
Net-asset trend (YoY)
End of year $210K · Beginning of year $204K
+3%
Balance sheet
Surplus Margin
Revenue $167K · Expenses $161K
+4%
Liabilities-to-Assets
Total liabilities $21K · Total assets $231K
9%
Net-asset ratio
Net assets $210K · Total assets $231K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $231K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rb Sanders · Reported title TREASURER · Highest reported compensation $0 · Total expenses $161K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $161K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 14%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$68K
Grants paid · 20 grants · $717K · 2021–2025
Bel-Aire Community PartnersSC · FY2025$80,781
Grand Lodge FellowshipTN · FY2025$40,823
N Main Beautification EasementFY2025$1,000
Grand Lodge FellowshipTN · FY2024$46,534
Bel-Aire Community PartnersSC · FY2024$40,640
N Main Beautification EasementFY2024$12,000
Bel-Aire Community PartnersSC · FY2023$76,341
Grand Lodge FellowshipTN · FY2023$72,250
Bel-Aire Community PartnersSC · FY2022$83,023
Grand Lodge FellowshipTN · FY2022$64,595
Aufn LLCFY2022$25,500
N Main Beautification EasementFY2022$11,000
Grand Lodge FellowshipTN · FY2021$79,725
Bel-Aire Community PartnersSC · FY2021$12,174
Aufn LLCFY2021$11,000
See all 20 grants →

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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
FY2025 (Latest)$167K revenue · viewing · ⤓ 990 PDF
FY2024$147K revenue · ⤓ 990 PDF
FY2023$173K revenue · ⤓ 990 PDF
FY2022$125K revenue · ⤓ 990 PDF
FY2021$289K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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