Civic Intelligence

Klamath Land and Cattle Company

EIN 94-6127248 • 501(c)7 • Fresno, CA

Profile

Klamath Land and Cattle Company is a duck club. We have entered into a wetlands preservation agreement with the federal government that requires us to maintain a wetlands pond for migrating birds. The federal government and state of California have purchased easement from the company. The proceeds from these transactions were placed in the hands of an investment advisor to provide funds that should help enable us to meet our obligations under the preservation agreement.

1786 E Portland AveFresno, CA 93720

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.03x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.14x

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

16th percentile

-8.1%

Faster asset growth than 16% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

15%

Faster revenue growth than 73% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$736,387

Down $64,635 (-8.1%) from 2023

Liabilities

Down

$21,020

Down $90,213 (-81%) from 2023

Net Assets

Up

$715,367

Up $25,578 (+3.7%) from 2023

Revenue

Up

$151,554

Up $19,763 (+15%) from 2023

Expenses

Up

$125,976

Up $3,871 (+3.2%) from 2023

Net Income

Up

$25,578

Up $15,892 (+164%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2012: $417,414Liabilities 2012: $0Net Assets 2012: $417,4142012Assets 2013: $444,865Liabilities 2013: $0Net Assets 2013: $444,8652013Assets 2014: $494,518Liabilities 2014: $0Net Assets 2014: $494,5182014Assets 2015: $502,607Liabilities 2015: $0Net Assets 2015: $502,6072015Assets 2016: $537,936Liabilities 2016: $1,180Net Assets 2016: $536,7562016Assets 2017: $653,905Liabilities 2017: $71,180Net Assets 2017: $582,7252017Assets 2018: $663,640Liabilities 2018: $37,847Net Assets 2018: $625,7932018Assets 2019: $699,148Liabilities 2019: $4,513Net Assets 2019: $694,6352019Assets 2020: $678,611Liabilities 2020: $1,180Net Assets 2020: $677,4312020Assets 2021: $685,559Liabilities 2021: $1,180Net Assets 2021: $684,3792021Assets 2022: $681,283Liabilities 2022: $1,180Net Assets 2022: $680,1032022Assets 2023: $801,022Liabilities 2023: $111,233Net Assets 2023: $689,7892023Assets 2024: $736,387Liabilities 2024: $21,020Net Assets 2024: $715,3672024

Highlighted filing

2024

Assets$736,387
Liabilities$21,020
Net Assets$715,367

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KExpenses 2012: $83,2052012Revenue 2013: $102,618Expenses 2013: $77,998Net Income 2013: $24,6202013Revenue 2014: $112,741Expenses 2014: $63,088Net Income 2014: $49,6532014Revenue 2015: $100,686Expenses 2015: $92,597Net Income 2015: $8,0892015Revenue 2016: $127,885Expenses 2016: $93,736Net Income 2016: $34,1492016Revenue 2017: $137,644Expenses 2017: $91,675Net Income 2017: $45,9692017Revenue 2018: $132,481Expenses 2018: $89,413Net Income 2018: $43,0682018Revenue 2019: $159,996Expenses 2019: $91,154Net Income 2019: $68,8422019Revenue 2020: $100,776Expenses 2020: $117,980Net Income 2020: -$17,2042020Revenue 2021: $138,569Expenses 2021: $131,621Net Income 2021: $6,9482021Revenue 2022: $116,076Expenses 2022: $120,353Net Income 2022: -$4,2772022Revenue 2023: $131,791Expenses 2023: $122,105Net Income 2023: $9,6862023Revenue 2024: $151,554Expenses 2024: $125,976Net Income 2024: $25,5782024

Highlighted filing

2024

Revenue$151,554
Expenses$125,976
Net Income$25,578

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 21, 2025
Return Version
2024v5.2
Gross Receipts
$223,564
Mission and Program Overview

Mission

Klamath Land and Cattle Company is a duck club. We have entered into a wetlands preservation agreement with the federal government that requires us to maintain a wetlands pond for migrating birds. The federal government and state of California have purchased easement from the company. The proceeds from these transactions were placed in the hands of an investment advisor to provide funds that should help enable us to meet our obligations under the preservation agreement.

Klamath Land and Cattle Company is a duck club. We have entered into a wetlands preservation agreement with the federal government that requires us to maintain a wetlands pond for migrating birds. The federal government and state of California have purchased easement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$675,254$700,832▲ $25,578
Investments in Publicly Traded Securities$385,335$483,270▲ $97,935
Land, Buildings, and Equipment, Net$144,759$132,352▼ $12,407
Cash and Non-Interest-Bearing Accounts$21,113$0▼ $21,113
Savings and Temporary Cash Investments$5,448$18,335▲ $12,887
Cap Stk Tr Prin Current Funds$14,535$14,535→ $0
Prepaid Expenses and Deferred Charges$443$443→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$801,022$736,387▼ $64,635
Other Assets Total$243,924$101,987▼ $141,937
Liabilities
Other Liabilities$111,233$21,020▼ $90,213
Total Liabilities$111,233$21,020▼ $90,213
Net Assets / Fund Balance
Total Net Assets Fund Balance$689,789$715,367▲ $25,578
Total Liabilities and Net Assets / Fund Balance$801,022$736,387▼ $64,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$21,852$158,408$180,260
Land$55,932-$55,932
Buildings$35,644$18,933$54,577
Other Land Buildings-$35,208$35,208
Leasehold Improvements$18,924$14,499$33,423
Other Assets Org$2--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Randy CravenPresident
Robert FischerVice President
Curtis JohnsonDirector
Jack MurrayDirector
Louis CaputoDirector
Mark MurrayDirector
Louis HackettSec/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$105,959
Investment Income
$45,595
Other Revenue
$0
Change in Net Assets
$25,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,976
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$24,738
Insurance-$7,627-$7,627
All Other Expenses$24$5,160-$5,184
Other Expenses$3,406--$3,406
Fees for Services Accounting-$1,380-$1,380
Office Expenses-$364-$364
Fees for Services Other-$6-$6
Total Functional Expenses$86,701$14,537$0$125,976
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Endowment Loan Share Buyback$19,840
Deposits$1,180
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

This is a 25-member organization where 24 members have one vote each; 1 member has 2 votes.

Form 990, Part VI, Section A, Line 7B

Major policy decisions go before all the members for a vote.

Form 990, Part VI, Section B, Line 11B

The Form 990 is reviewed by the treasurer/secretary and made available to the Board and general membership to the extent of their interest, if any.

Form 990, Part VI, Section C, Line 19

No documents are disclosed to the public, other than those required by law.

Filing and Contact Details

Filer

Filer Name
Klamath Land and Cattle Company
EIN
94-6127248
Phone
5592807502
Address
1786 E Portland Ave, Fresno, CA 93720

Signing Officer

Name
Louis Hackett
Title
Sec/Treasurer
Signed
2025-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Craven
Formed
1960
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
25

Preparer

Firm
Francine Tyler
Address
50 Alta Vista Dr, Santa Cruz, CA 95060
Preparer
Francine MT Tyler CPA
Phone
8313167590
Supplemental Narrative

Financial Statement Notes

Part II, Line 9: Organization Reporting of conservation easements.

Funds associated with the two conservation easements appear in the revenue and expense statement in several areas. Included as income are the interest, dividends, and capital gains earned by the endowment that supports the continuing care of the easement property. In addition, roughly $10k is received annually through the USDA and reported here. Approximately 75% of the expenses on the revenue and expense statement are associated with care of the easements. The balance sheet reports $55,932 associated with land value, from 1987, and 17K of water-associated improvements to the property.

Part V, Line 4: Intended uses of the endowment fund.

As described in the Klamath Land and Cattle Company bylaws, the endowment fund is managed in a conservative manner so as to maintain an annual endowment fund baseline. No more than 5% of the total fund may be drawn each year,and must be used for the sole pupose of offsetting operating costs.

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYProgramServiceRevenueAmt0111428
IRS990/PYRevenuesLessExpensesAmt09686
IRS990/PYTotalExpensesAmt0122105
IRS990/PYTotalRevenueAmt0131791
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt025578
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0675254
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0700832
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05448
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018335
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt035644
IRS990ScheduleD/BuildingsGrp/DepreciationAmt018933
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt054577
IRS990ScheduleD/EquipmentGrp/BookValueAmt021852
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158408
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0180260
IRS990ScheduleD/LandGrp/BookValueAmt055932
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt055932
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018924
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014499
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033423
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt082145
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119840
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Buyback member shares
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Endowment Loan Sh Buyback
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Endowment Loan Solar
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Rounding
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035208
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035208
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Endowment Loan Share Buyback
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Funds associated with the two conservation easements appear in the revenue and expense statement in several areas. Included as income are the interest, dividends, and capital gains earned by the endowment that supports the continuing care of the easement property. In addition, roughly $10k is received annually through the USDA and reported here. Approximately 75% of the expenses on the revenue and expense statement are associated with care of the easements. The balance sheet reports $55,932 associated with land value, from 1987, and 17K of water-associated improvements to the property.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1As described in the Klamath Land and Cattle Company bylaws, the endowment fund is managed in a conservative manner so as to maintain an annual endowment fund baseline. No more than 5% of the total fund may be drawn each year,and must be used for the sole pupose of offsetting operating costs.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 9: Organization Reporting of conservation easements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalAcreageCnt056
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132352
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0101987
IRS990ScheduleD/TotalEasementsCnt02
IRS990ScheduleD/TotalLiabilityAmt021020
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This is a 25-member organization where 24 members have one vote each; 1 member has 2 votes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Major policy decisions go before all the members for a vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed by the treasurer/secretary and made available to the Board and general membership to the extent of their interest, if any.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents are disclosed to the public, other than those required by law.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0801022
IRS990/TotalAssetsEOYAmt0736387
IRS990/TotalAssetsGrp/BOYAmt0801022
IRS990/TotalAssetsGrp/EOYAmt0736387
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014537
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086701
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125976
IRS990/TotalGrossUBIAmt045595
IRS990/TotalLiabilitiesBOYAmt0111233
IRS990/TotalLiabilitiesEOYAmt021020
IRS990/TotalLiabilitiesGrp/BOYAmt0111233
IRS990/TotalLiabilitiesGrp/EOYAmt021020
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0689789
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0715367
IRS990/TotalProgramServiceRevenueAmt0105959
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0105959
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0151554
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt045595
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0801022
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0736387
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01786 E Portland Ave
IRS990/USAddress/CityNm0Fresno
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093720
IRS990/VotingMembersGoverningBodyCnt025
IRS990/VotingMembersIndependentCnt025
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Louis Hackett
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec/Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Klamath Land and Cattle Company
ReturnHeader/Filer/BusinessNameControlTxt0KLAM
ReturnHeader/Filer/EIN0946127248
ReturnHeader/Filer/PhoneNum05592807502
ReturnHeader/Filer/USAddress/AddressLine1Txt01786 E Portland Ave
ReturnHeader/Filer/USAddress/CityNm0Fresno
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093720
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861743887
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Francine Tyler
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 Alta Vista Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Santa Cruz
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095060
ReturnHeader/PreparerPersonGrp/PhoneNum08313167590
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Francine MT Tyler CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-21T11:02:56-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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