Nonprofit · EIN 20-8266086
HEADWATERS TRAIL SYSTEM
Tax-exempt (reinstated) · THREE FORKS, MT 59752
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $269,640 | $62,601 | $207,039 | $1,005,170 | $0 | $1,005,170 |
| December 31, 2024 | 990 | $302,987 | $45,671 | $257,316 | $798,131 | $0 | $798,131 |
| December 31, 2023 | 990 | $205,652 | $47,656 | $157,996 | $540,815 | $0 | $540,815 |
| December 31, 2021 | 990-EZ | $90,553 | $27,033 | $63,520 | $274,800 | – | $274,800 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $249,537
- of which government grants
- $216,793
- Program service revenue
- $0
- Investment income
- $20,103
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $100
- Depreciation
- $49,264
- Program services (functional)
- $62,501
- Management and general (functional)
- $100
Balance sheet and other
- Total assets, start of year
- $798,131
- Total assets, end of year
- $1,005,170
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,005,170
- Land, buildings and equipment
- $964,181
- Net assets without donor restrictions
- $1,005,170
- Gross receipts
- $269,640
- Employees
- 0
- Year formed
- 2012
- State of legal domicile
- MT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Andrus | Director Trustee or director | 2 | $0 |
| Diane Phillips | Director Trustee or director | 2 | $0 |
| Jim Phillips | Director Trustee or director | 2 | $0 |
| Karen Walton | Director Trustee or director | 2 | $0 |
| Pam Carey | Director Trustee or director | 2 | $0 |
| Mable Deane | Director Trustee or director | 2 | $0 |
| Gene Townsend | Chairman Officer | 5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Andrus | Director Trustee or director | 2 | $0 |
| Diane Phillips | Director Trustee or director | 2 | $0 |
| Jim Phillips | Director Trustee or director | 2 | $0 |
| Karen Walton | Director Trustee or director | 2 | $0 |
| Pam Carey | Director Trustee or director | 2 | $0 |
| Mable Deane | Director Trustee or director | 2 | $0 |
| Gene Townsend | Chairman Officer | 5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dave Andrus | Director Trustee or director | 2 | $0 |
| Diane Phillips | Director Trustee or director | 2 | $0 |
| Jim Phillips | Director Trustee or director | 2 | $0 |
| Karen Walton | Director Trustee or director | 2 | $0 |
| Pam Carey | Director Trustee or director | 2 | $0 |
| Mable Deane | Director Trustee or director | 2 | $0 |
| Gene Townsend | Chairman Officer | 5 | $0 |
990-EZ for the year ended December 31, 2021: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gene Townsend | Chairman | 5 | $0 |
| Dave Andrus | Director | 2 | $0 |
| Diane Phillips | Director | 2 | $0 |
| Jim Phillips | Director | 2 | $0 |
| Karen Walton | Director | 2 | $0 |
| Pam Carey | Director | 2 | $0 |
| Mable Deane | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 187, THREE FORKS, MT 59752-0187
- In care of
- % GENE TOWNSEND
- Mailing address (990-N for 2023)
- PO Box 187, Three Forks MT 59752
- Principal officer (990 for 2025)
- Gene Townsend, PO Box 187, Three Forks, MT 59752
- Principal officer (990-N for 2023)
- Gene Townsend, PO Box 1, Three Forks MT 59752
- Signed the 990
- Gene Townsend, Chairman
- Phone
- (406) 580-3012
- Return prepared by
- Keeley Accounting
Mission
To build and maintain trails in the Missouri River Headwaters Area.
Program accomplishments
- Expansion and maintenance of trail system in the Three Forks, Montana area.Expenses $62,501
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 20-8266086
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C50)
- Assets (IRS master file)
- $1,005,170
- Income (IRS master file)
- $269,640
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- February 11, 2013
- Reinstated
- Effective May 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $269,640 | $62,601 | $1,005,170 | XML |
| 990 | December 2024 | $302,987 | $45,671 | $798,131 | XML |
| 990-N for 2023 Officer: Gene Townsend | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $205,652 | $47,656 | $540,815 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $90,553 | $27,033 | $274,800 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Gene Townsend | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8266086).
Questions about HEADWATERS TRAIL SYSTEM
- What is the EIN of HEADWATERS TRAIL SYSTEM?
- The employer identification number (EIN) of HEADWATERS TRAIL SYSTEM is 20-8266086.
- Is HEADWATERS TRAIL SYSTEM tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
- Are donations to HEADWATERS TRAIL SYSTEM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEADWATERS TRAIL SYSTEM file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEADWATERS TRAIL SYSTEM due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEADWATERS TRAIL SYSTEM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HEADWATERS TRAIL SYSTEM?
- The 990 for the year ended December 31, 2025 names Gene Townsend.
- Who are the officers and directors of HEADWATERS TRAIL SYSTEM?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does HEADWATERS TRAIL SYSTEM have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $269,640, expenses of $62,601 and total assets of $1,005,170 at year end.
Other nonprofits in THREE FORKS
- GALLATIN VALLEY GOLF ASSOCIATION EIN 81-0431302 · last filed 990 for 2025
- THREE FORKS AREA AMBULANCE SERVICE EIN 81-0453741 · last filed 990-EZ for 2025
- CLARKSTON FIRE SERVICE AREA NO 6 EIN 77-0650272 · last filed 990 for 2025
- MASON MOORE FOUNDATION EIN 82-2851173 · last filed 990-EZ for 2025
- HEADWATERS WRESTLING ACADEMY EIN 47-5070054 · last filed 990-N for 2025
- FOLKVORD FAMILY FOUNDATION EIN 82-1945772 · last filed 990-PF for 2024
- EPONA EQUINE RESCUE & REHAB EIN 93-4872317 · last filed 990-PF for 2025
- THREE FORKS SADDLE CLUB EIN 90-0514928 · last filed 990-N for 2025