Civic Intelligence

Kb Charitable Trust

990 • Fiscal year 2023 • EIN 57-1109692

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 01, 2025

P O Box 25301Greenville, SC 29616

(864) 230-3300

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

56th percentile

6.1%

Higher net margin than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

38th percentile

-5.3%

Faster asset growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

38%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$189,639

Down $10,626 (-5.3%) from 2022

Net Assets

Up

$188,203

Up $10,664 (+6.0%) from 2022

Liabilities

Down

$1,436

Down $21,290 (-94%) from 2022

Revenue

Up

$173,408

Up $47,958 (+38%) from 2022

Expenses

Down

$162,744

Down $48,741 (-23%) from 2022

Net Income

Up

$10,664

Up $96,699 (+112%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $0Liabilities 2010: $0Net Assets 2010: $02010Assets 2011: $405,227Liabilities 2011: $325,0682011Assets 2012: $398,130Liabilities 2012: $303,4312012Assets 2013: $446,382Liabilities 2013: $295,6822013Assets 2014: $492,164Liabilities 2014: $220,1022014Assets 2015: $497,707Liabilities 2015: $222,7192015Assets 2016: $269,928Liabilities 2016: $02016Assets 2017: $192,025Liabilities 2017: $02017Assets 2018: $134,671Liabilities 2018: $02018Assets 2019: $134,341Liabilities 2019: $02019Assets 2020: $179,973Liabilities 2020: $02020Assets 2021: $294,249Liabilities 2021: $30,675Net Assets 2021: $263,5742021Assets 2022: $200,265Liabilities 2022: $22,726Net Assets 2022: $177,5392022Assets 2023: $189,639Liabilities 2023: $1,436Net Assets 2023: $188,2032023Assets 2024: $254,284Liabilities 2024: $50,436Net Assets 2024: $203,8482024

Highlighted filing

2023

Assets$189,639
Liabilities$1,436
Net Assets$188,203

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $93,760Expenses 2011: $73,915Net Income 2011: $19,8452011Revenue 2012: $108,151Expenses 2012: $93,611Net Income 2012: $14,5402012Revenue 2013: $143,606Expenses 2013: $87,605Net Income 2013: $56,0012013Revenue 2014: $179,213Expenses 2014: $57,851Net Income 2014: $121,3622014Revenue 2015: $123,281Expenses 2015: $120,355Net Income 2015: $2,9262015Revenue 2016: $93,377Expenses 2016: $98,437Net Income 2016: -$5,0602016Revenue 2017: $198,966Expenses 2017: $276,869Net Income 2017: -$77,9032017Revenue 2018: $99,668Expenses 2018: $157,022Net Income 2018: -$57,3542018Revenue 2019: $98,937Expenses 2019: $99,267Net Income 2019: -$3302019Revenue 2020: $176,897Expenses 2020: $131,265Net Income 2020: $45,6322020Revenue 2021: $288,825Expenses 2021: $205,224Net Income 2021: $83,6012021Revenue 2022: $125,450Expenses 2022: $211,485Net Income 2022: -$86,0352022Revenue 2023: $173,408Expenses 2023: $162,744Net Income 2023: $10,6642023Revenue 2024: $146,837Expenses 2024: $131,192Net Income 2024: $15,6452024

Highlighted filing

2023

Revenue$173,408
Expenses$162,744
Net Income$10,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 1, 2025
Return Version
2023v6.0
Gross Receipts
$173,408
Mission and Program Overview

Mission

Promote mental,physical and spiritual advancement and to promote local community charitable activities.

To promote mental,physical and spiritual advancement and to promote local community charitable activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$15,006$41,381▲ $26,375
Cash and Non-Interest-Bearing Accounts$12,503$9,501▼ $3,002
Total Assets$200,265$189,639▼ $10,626
Other Assets Total$172,756$138,757▼ $33,999
Liabilities
Accounts Payable and Accrued Expenses$1,726$1,027▼ $699
Other Liabilities$21,000$409▼ $20,591
Total Liabilities$22,726$1,436▼ $21,290
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$177,539$188,203▲ $10,664
Total Net Assets Fund Balance$177,539$188,203▲ $10,664
Total Liabilities and Net Assets / Fund Balance$200,265$189,639▼ $10,626

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,800$2,800
Other Assets Org$138,757--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kaitlin BungePresident
Brent Sanders JrVice President
Chris JohnsonTrustee
Jaime TerryTrustee
Rb SandersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$173,408
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$173,408
Change in Net Assets
$10,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$160,141
Other Expenses$2,603
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$160,141--$160,141
Office Expenses-$780-$780
Interest-$487-$487
Other Expenses-$36-$36
Total Functional Expenses$160,141$2,603$0$162,744
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bel-aire Community PartnersGreenville, SC501c3New Van and General Purpose$76,341
Grand Lodge FellowshipJohnson City, TN501c3Renovations and General Purpose$72,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pinnacle Bank Line of Credit$409
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Brent sanders is the fatherrb sanders is the sonkaitlin bunge is the daughter

Form 990 governing body review Part VI line 11

Form 990, part vi line 11b: our treasurer is no longer a cpa, but prior to retirement had a cpa firm and did a lot of non-profit work for various local charities. He reviews the books and the 990 returns each year.

Governing documents etc available to public Part VI line 19

Form 990, part vi, line 19copies provided to any individual or organization upon request

Filing and Contact Details

Filer

Filer Name
Kb Charitable Trust
EIN
57-1109692
Address
P O BOX 25301, GREENVILLE, SC 29616

Signing Officer

Name
Brent Sanders
Title
Trustee
Phone
8642303300
Signed
2025-10-01
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
110

Preparer

Firm
Duffle Tax Service LLC
Address
115 Commons Way, Greenville, SC 29611
Preparer
Ruth L Nations
Phone
8642952372
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Form 990, part iii, line4d educational grants:grants were given to qualified institutions providing education in schools located in disadvantaged and impoversed areas or smaller colleges promoting spritual growth amoung its students. These grants are targeted to limited budget institutions to help provide financial assistance with books, uniforms and securing qualified teachers.greenvilles heritage partners:these grants were to assist in community development activities in greenville sc disadvantaged neighborhoods.greeville was once called the textile center of the world because it had more textile mills(per capital) than any other city. 150 years later, greenville now has more disadvantaged neighborhoods than most cities of its size because of its textile heritage. Our grants to ghp are to help them in the activities to assist lower income families in these neighborhoods. They have no staff and we expect to help them one or two more years.north main beautification easement:a south carolina beautification easement was placed across several properties in downtown greenville to develope a nature trail appoximately 1,000 feet long. The trail was placed along a flowing creek and water-fall once over grown with debris. The land was clean and the nature trail installed for the enjoyment of the general public in that community. The project has been a huge success and we are happy to provide minor grants for the completion, maintenaince and beautification of that community amenity which we were told should be completed in 2025

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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GRAND LODGE FELLOWSHIP
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRENT SANDERS IS THE FATHERRB SANDERS IS THE SONKAITLIN BUNGE IS THE DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI LINE 11B: OUR TREASURER IS NO LONGER A CPA, BUT PRIOR TO RETIREMENT HAD A CPA FIRM AND DID A LOT OF NON-PROFIT WORK FOR VARIOUS LOCAL CHARITIES. HE REVIEWS THE BOOKS AND THE 990 RETURNS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 19COPIES PROVIDED TO ANY INDIVIDUAL OR ORGANIZATION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART III, LINE4D EDUCATIONAL GRANTS:GRANTS WERE GIVEN TO QUALIFIED INSTITUTIONS PROVIDING EDUCATION IN SCHOOLS LOCATED IN DISADVANTAGED AND IMPOVERSED AREAS OR SMALLER COLLEGES PROMOTING SPRITUAL GROWTH AMOUNG ITS STUDENTS. THESE GRANTS ARE TARGETED TO LIMITED BUDGET INSTITUTIONS TO HELP PROVIDE FINANCIAL ASSISTANCE WITH BOOKS, UNIFORMS AND SECURING QUALIFIED TEACHERS.GREENVILLES HERITAGE PARTNERS:THESE GRANTS WERE TO ASSIST IN COMMUNITY DEVELOPMENT ACTIVITIES IN GREENVILLE SC DISADVANTAGED NEIGHBORHOODS.GREEVILLE WAS ONCE CALLED THE TEXTILE CENTER OF THE WORLD BECAUSE IT HAD MORE TEXTILE MILLS(PER CAPITAL) THAN ANY OTHER CITY. 150 YEARS LATER, GREENVILLE NOW HAS MORE DISADVANTAGED NEIGHBORHOODS THAN MOST CITIES OF ITS SIZE BECAUSE OF ITS TEXTILE HERITAGE. OUR GRANTS TO GHP ARE TO HELP THEM IN THE ACTIVITIES TO ASSIST LOWER INCOME FAMILIES IN THESE NEIGHBORHOODS. THEY HAVE NO STAFF AND WE EXPECT TO HELP THEM ONE OR TWO MORE YEARS.NORTH MAIN BEAUTIFICATION EASEMENT:A SOUTH CAROLINA BEAUTIFICATION EASEMENT WAS PLACED ACROSS SEVERAL PROPERTIES IN DOWNTOWN GREENVILLE TO DEVELOPE A NATURE TRAIL APPOXIMATELY 1,000 FEET LONG. THE TRAIL WAS PLACED ALONG A FLOWING CREEK AND WATER-FALL ONCE OVER GROWN WITH DEBRIS. THE LAND WAS CLEAN AND THE NATURE TRAIL INSTALLED FOR THE ENJOYMENT OF THE GENERAL PUBLIC IN THAT COMMUNITY. THE PROJECT HAS BEEN A HUGE SUCCESS AND WE ARE HAPPY TO PROVIDE MINOR GRANTS FOR THE COMPLETION, MAINTENAINCE AND BEAUTIFICATION OF THAT COMMUNITY AMENITY WHICH WE WERE TOLD SHOULD BE COMPLETED IN 2025
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUTH L NATIONS
ReturnHeader/ReturnTs02025-10-01T14:54:11-04:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.50$2.04$1.47$1.31$0.16
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.01$1.88$1.73$1.63$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.23$1.78$1.25$2.11$0.86
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.31$2.64$2.89$2.05$0.84
2020Summary only. Only limited summary data is available for this year.$1.80$0.00$1.77$1.31$0.46
2019Summary only. Only limited summary data is available for this year.$1.34$0.00$0.99$0.99$0.00
2018Summary only. Only limited summary data is available for this year.$1.35$0.00$1.00$1.57$0.57
2017Summary only. Only limited summary data is available for this year.$1.92$0.00$1.99$2.77$0.78
2016Summary only. Only limited summary data is available for this year.$2.70$0.00$0.93$0.98$0.05
2015Summary only. Only limited summary data is available for this year.$4.98$2.23$1.23$1.20$0.03
2014Summary only. Only limited summary data is available for this year.$4.92$2.20$1.79$0.58$1.21
2013Summary only. Only limited summary data is available for this year.$4.46$2.96$1.44$0.88$0.56
2012Summary only. Only limited summary data is available for this year.$3.98$3.03$1.08$0.94$0.15
2011Summary only. Only limited summary data is available for this year.$4.05$3.25$0.94$0.74$0.20
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits