Nonprofits/Organizations/33-3144232
Active
501(c)(3)
T11 · Philanthropy, Voluntarism & Grantmaking
Form 990

Nacarato Family Trust

EIN 33-3144232Kansas City, MO 64105Founded 2024WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

NACARATO FAMILY TRUST'S SOLE PURPOSE IS TO SUPPORT GREATER HORIZONS, THE SUPPORTED ORGANIZATION, IN FURTHERANCE OF THE CHARITY'S MISSION.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$1.0M

Total Expenses

$0

Net Assets

$1.0M

Employees

0

This nonprofit profile presents IRS Form 990 tax filing data for Nacarato Family Trust (EIN: 33-3144232), based on the 2024 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 2024

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements independently audited
3-member board, 3 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
No programs generate independent revenue

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
Revenue diversification: concentrated in few sources

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

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

Organization Summary

Nacarato Family Trust is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 2024. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2025. In its 2024 filing, the organization reported $1.0M in total revenue, and $0 in total expenses. 2 of 6 recommended governance policies are in place.

Nacarato Family Trust is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

1 record

Programs Overview

Nacarato Family Trust operates 1 program.

1
Program 1Expenses: $0

NACARATO FAMILY TRUST'S SOLE PURPOSE IS TO SUPPORT GREATER HORIZONS, THE SUPPORTED ORGANIZATION, IN FURTHERANCE OF THE CHARITY'S MISSION.

Financial Overview(Tax Years 2024–2024)

1 record

Financial Highlights

Nacarato Family Trust derives 100% from contributions and grants.

Nacarato Family Trust holds $1.0M in total assets against $0 in liabilities (debt-to-asset ratio of 0%).

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$1.0M$1.0M$0$0$0

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$0$0$0$0$0

People & Compensation(Tax Year 2024)

3 records

Compensation Summary

Nacarato Family Trust reported compensation for 3 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Michael J Nacarato JrProtector Trustee
Director
1.00$0$0$0
Teresa Ann NacaratoProtector Trustee
Director
1.00$0$0$0
Greater Horizons FoundationSupported Organization Trustee
Trustee
1.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Nacarato Family Trust has 2 of 6 recommended governance policies in place, including document retention. Its board has 3 members, 3 of whom are independent.

Nacarato Family Trust's financial statements are audited, an audit committee oversees the process.

Nacarato Family Trust has family or business relationships among officers, directors, or key employees.

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 members3
Independent members3

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 2024–2024)

1 record

Showing the 1 Form 990 filing currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-12-18 – 2024-12-31$1.0M$0$1.0M

Frequently Asked Questions

What does Nacarato Family Trust do?

NACARATO FAMILY TRUST'S SOLE PURPOSE IS TO SUPPORT GREATER HORIZONS, THE SUPPORTED ORGANIZATION, IN FURTHERANCE OF THE CHARITY'S MISSION.

How much revenue does Nacarato Family Trust have?

Nacarato Family Trust reported $1,000,000 in total revenue for tax year 2024.

Who is the highest-paid executive at Nacarato Family Trust?

Michael J Nacarato Jr, Protector Trustee, received $0 in total compensation as of tax year 2024.

Is Nacarato Family Trust a 501(c)(3)?

Yes, Nacarato Family Trust is classified as a 501(c)(3) tax-exempt organization.

Where is Nacarato Family Trust located?

Nacarato Family Trust is headquartered in Kansas City, MO 64105.

What type of nonprofit is Nacarato Family Trust?

Nacarato Family Trust is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Nacarato Family Trust audited?

Yes, Nacarato Family Trust's financial statements are audited, and the organization has an audit committee.

Data Source

Prepared by: Forvis Mazars LLP, Kansas City, MO

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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