Knights Of Columbus
- Assets
- $333.3k
- Revenue
- $44.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Orion, MI
- Founding
- 10/1940
- Data as of
- 12/2020
- EIN
- 23-7142377
Organization Overview
Knights Of Columbus is located in Lake Orion, MI. The organization was established in 1940. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Knights Of Columbus is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2020, Knights Of Columbus generated $44.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $54.9k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER SERVICES/DONATIONS TO CHARITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES/DONATIONS TO CHARITY
MEMBER SERVICES/DONATIONS TO CHARITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Roback Grand Knight | Officer | $0 | |
Kenneth E Simpson Financial Se | Officer | $0 | |
Tony Gorsik Trustee | Trustee | $0 | |
Kenneth Norris Trustee | Trustee | $0 | |
Dale R Dessell Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,159 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,149 |
| Total Program Service Revenue | $25,243 |
| Investment income | $402 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $4,424 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,371 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,800 |
| Fees for services: Accounting | $1,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $354 |
| Office expenses | $313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,300 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $407 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,236 |
| All other expenses | $819 |
| Total functional expenses | $54,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,120 |
| Savings and temporary cash investments | $28,694 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $294,481 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $333,295 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,000 |
| Total liabilities | $8,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $325,295 |
| Total liabilities and net assets/fund balances | $333,295 |
Grants Awarded
Over the last fiscal year, Knights Of Columbus has awarded $19,414 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITIES FOR MENTALLY IMPAIRED | | | $12,293 |
VARIOUS ORGANIZED CHARITIES | | | $7,121 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knights Of Columbus Sterling Heights, MI | $3,072,612 | $2,273,115 |
Knights Of Columbus Madison, WI | $2,948,224 | $1,587,432 |
Knights Of Columbus Perrysburg, OH | $808,575 | $1,537,138 |
Fraternal Order Of Police Indianapolis, IN | $2,947,250 | $1,361,555 |
Knights Of Columbus Vincennes, IN | $519,421 | $1,320,195 |
Knights Of Columbus Muncie, IN | $2,260,744 | $836,974 |
Michigan Fraternal Order Of Police Labor Council Madison Heights, MI | $489,570 | $852,413 |
Fraternal Order Of Eagles Chagrin Falls, OH | $576,840 | $914,060 |
Independent Order Of Odd Fellows Indianapolis, IN | $4,202,872 | $398,036 |
Fraternal Order Of Police Indianapolis, IN | $2,056,132 | $736,087 |
Knights Of Columbus Munster, IN | $499,910 | $771,091 |
Fraternal Order Of Police Jeffersonville, IN | $525,635 | $714,502 |