Nonprofits/Organizations/43-6122865
Active
501(c)(3)
T900
Form 990

George a & Dolly F Larue Trust

EIN 43-6122865KANSAS CITY, MO 641416248Founded 1969WebsiteIRS Tax Year 2023 · Period ending December 31, 2023
Mission Statement

DISTRIBUTION OF INCOME TO SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION

IRS Tax Year 2023

Period ending December 31, 2023

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$197K

-54.9%YoY

Total Expenses

$81K

-2.4%YoY

Net Assets

$7.4M

+1.6%YoY

Employees

Grants Paid

$23K

Program Expense Ratio

43.4%

This nonprofit profile presents IRS Form 990 tax filing data for George a & Dolly F Larue Trust (EIN: 43-6122865), based on the 2023 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2023

Financial Health

Revenue declined -54.9% to $197K
Program spending ratio of 43.4% — below average
1088.0 months of operating reserves — strong cushion
Expenses decreased -2.4% year-over-year

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements not audited
1-member board, 1 independent

Compensation

Top compensation: $58,591 (TRUSTEE)
Top exec pay is 72.1% of total expenses — elevated
No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
43.4% of spending goes to programs
No programs generate independent revenue
$23K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
102.0 months cash runway — well positioned
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

1 business transaction with interested persons
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

George a & Dolly F Larue Trust is a 501(c)(3) nonprofit headquartered in KANSAS CITY, MO, founded in 1969. The organization has held tax-exempt status since 1999. In its 2023 filing, the organization reported $197K in total revenue, a 54.9% decrease from the prior year, and $81K in total expenses. , TRUSTEE, is the highest-compensated individual at $58,591. The organization runs 1 program, totaling $35K in program expenses. 2 of 6 recommended governance policies are in place.

George a & Dolly F Larue Trust is classified under NTEE code T900. Its foundation type is 17.

Programs(Tax Year 2023)

1 record

Programs Overview

George a & Dolly F Larue Trust operates 1 program, with total program expenses of $35K. George a & Dolly F Larue Trust's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $35,245

DISTRIBUTION OF INCOME TO SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION, FOR ULTIMATE DISTRIBUTION TO PUBLIC CHARITIES IN THE GREATER KANSAS CITY AREA.

Financial Overview(Tax Years 2019–2023)

5 records

Financial Highlights

Over the past 5 years, George a & Dolly F Larue Trust's revenue has declined from $299K to $197K, a 34.0% decrease. Program expenses represent 43% of total spending.

Revenue decreased 54.9% year-over-year, while expenses declined 2.4%. net assets rose to $7.4M, up 1.6% from the prior year.

George a & Dolly F Larue Trust derives 100% from investment income.

George a & Dolly F Larue Trust allocates 43% to programs, 57% to management and general.

Revenue declined by 54.9% and expenses declined by 2.4% year over year.

George a & Dolly F Larue Trust distributed $23K in grants to other organizations and individuals, representing 28% of total expenses.

Over 5 filings from 2019–2023, George a & Dolly F Larue Trust declined revenue from $299K to $197K (-34.0%) while maintaining a program expense ratio of 43%.

George a & Dolly F Larue Trust holds $7.4M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 1000.0 months of operating reserves. Cash and equivalents of $691K cover approximately 102.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$197K$0$0$0$197K
2022$438K$0$0$0$438K
2021$612K$0$0$0$612K
2020$309K$0$0$0$309K
2019$299K$0$0$0$299K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$81K$35K$46K$0$23K
2022$83K$37K$46K$0$25K
2021$83K$35K$48K$0$22K
2020$73K$31K$42K$0$20K
2019$68K$29K$40K$0$18K

Program Expense Ratio

43.4%

Admin Expense Ratio

56.6%

Fundraising Efficiency

Operating Reserve

1000.0 mo

People & Compensation(Tax Year 2023)

1 record

Compensation Summary

George a & Dolly F Larue Trust reported compensation for 1 officers and key employees. Total officer compensation was $59K, representing 72.1% of total expenses.

George a & Dolly F Larue Trust's highest-compensated individual received $59K in total compensation. Total officer compensation of $59K represents 72.1% of total expenses.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
TRUSTEE
Trustee
$58,591$0$58,591

Governance & Compliance(Tax Year 2023)

Governance Snapshot

George a & Dolly F Larue Trust has 2 of 6 recommended governance policies in place. Its board has 1 members, 1 of whom are independent.

George a & Dolly F Larue Trust does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members1
Independent members1

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Insider Transactions(Tax Year 2023)

1 record

Business Transaction

Unknown personTrustee

Amount: $58,591

Grants Awarded(Tax Year 2023)

1 record

Grantmaking Summary

George a & Dolly F Larue Trust awarded $23K across 1 grant to organizations. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION (KANSAS CITY, MO) — $23K for charitable purpose in the greater kansas city area.

Organization Grants

RecipientLocationAmountPurpose
GREATER KANSAS CITY COMMUNITY FOUNDATION431152398KANSAS CITY, MO$23KCHARITABLE PURPOSE IN THE GREATER KANSAS CITY AREA

Supplemental Financial Data(Tax Year 2023)

Schedule D Highlights

The endowment stands at $7.4M.

Filing History(Tax Years 1999–2023)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990
2023-01-01 – 2023-12-31$197K$81K$7.4M
2022
990
2022-01-01 – 2022-12-31$438K$83K$7.3M
2021
990
2021-01-01 – 2021-12-31$612K$83K$6.9M
2020
990
2020-01-01 – 2020-12-31$309K$73K$6.4M
2019
990
2019-01-01 – 2019-12-31$299K$68K$6.1M
1999–2018No filings acquired yet

Frequently Asked Questions

What does George a & Dolly F Larue Trust do?

DISTRIBUTION OF INCOME TO SUPPORTED ORGANIZATION, THE GREATER KANSAS CITY COMMUNITY FOUNDATION

How much revenue does George a & Dolly F Larue Trust have?

George a & Dolly F Larue Trust reported $197,442 in total revenue for tax year 2023, down 54.9% from the prior year.

Who is the highest-paid executive at George a & Dolly F Larue Trust?

, TRUSTEE, received $58,591 in total compensation as of tax year 2023.

Is George a & Dolly F Larue Trust a 501(c)(3)?

Yes, George a & Dolly F Larue Trust is classified as a 501(c)(3) tax-exempt organization.

Where is George a & Dolly F Larue Trust located?

George a & Dolly F Larue Trust is headquartered in KANSAS CITY, MO 641416248.

Is George a & Dolly F Larue Trust audited?

No, George a & Dolly F Larue Trust does not currently have audited financial statements.

Does George a & Dolly F Larue Trust give grants?

Yes, George a & Dolly F Larue Trust distributed $22,702 in grants to other organizations and individuals in tax year 2023. Top recipients include GREATER KANSAS CITY COMMUNITY FOUNDATION.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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