American Charolais Foundation
- Assets
- $440.9k
- Revenue
- $52.5k
- Investments
- $440.9k
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-3471120
Organization Overview
American Charolais Foundation is located in Kansas City, MO. The organization was established in 2017. According to its NTEE Classification (D05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Charolais Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Charolais Foundation generated $52.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $13.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESEARCH, DEVELOPMENT AND EDUCATION ACTIVITIES TO BENEFIT THE BEEF CATTLE INDUSTRY AND THE CHAROLAIS BREED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH, DEVELOPMENT AND EDUCATION ACTIVITIES TO BENEFIT THE BEEF CATTLE INDUSTRY AND THE CHAROLAIS BREED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Schumacher Director | Trustee | 1 | $0 |
Clint Rusk Director | Trustee | 1 | $0 |
Kaitlyn Chism Director | Trustee | 1 | $0 |
Larry Ludeke President | Officer | 1 | $0 |
J Robert Tibbs Jr Vice President | Officer | 1 | $0 |
Rod Smith Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,917 |
| Total Program Service Revenue | $0 |
| Investment income | $11,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $52,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,003 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $11,800 |
| Total functional expenses | $13,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $440,912 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $440,912 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $440,912 |
| Total liabilities and net assets/fund balances | $440,912 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Animal Partnership Austin, TX | $1,147,570 | $1,353,910 |
Fats & Proteins Research Foundation Inc Alexandria, VA | $1,190,705 | $805,805 |
Poultry & Egg Sustainability And Welfare Foundation Inc Tucker, GA | $317,195 | $384,050 |
Wildlife Disease Association Inc Lawrence, KS | $7,128,645 | $701,260 |
Project Possum Inc Boulder, CO | -$2,639 | $279,333 |
Wildlife Research Institute Ely, MN | $835,399 | $409,134 |
Horses And Humans Research Foundation Chagrin Falls, OH | $386,594 | $207,777 |
Wildtrack Inc Durham, NC | $201,976 | $0 |