Mission
To build and maintain trails in the Missouri River Headwaters Area.
Public Charity
Headwaters Trail System
Headwaters Trail System, of Three Forks, MT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $270K in revenue, $63K in expenses, $1.0M in total assets. 2 publicly reported grants to this organization, totaling roughly $35K, appear in IRS filings.
EIN: 208266086
Three Forks, MT
Environmental Beautification
NTEE: C50
Latest filing: 2025
Total Revenue$270K
Total Expenses$63K
Total Assets$1.0M
Grant Records2
Funding Total$35K
Filing Years2021–2025
Where $100 goes at Headwaters Trail System
How Headwaters Trail System divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$97
Expansion and maintenance of trail system in the Three Forks, Montana area
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Grant to support AARP's health & wellness initiative
$25,000
TRAIL DEVELOPMENT
$10,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
Director
Dave Andrus
Director
Diane Phillips
Chairman
Gene Townsend
Director
Jim Phillips
Director
Karen Walton
Director
Mable Deane
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $270K | $63K | $1.0M |
| 2024 | $303K | $46K | $798K |
| 2023 | $206K | $48K | $541K |
| 2022 | $182K | $31K | $431K |
| 2021 | $91K | $27K | $275K |
Between 2021 and 2025, reported annual revenue grew from $91K to $270K (+198%), with total assets most recently reported at $1.0M.
Interactive year-over-year charts and full filing details available with membership.