Knights of Columbus No 2656 (EIN 026007561) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Phone

6034489841

Tax Period

2023-01-01 to 2023-12-31

Knights of Columbus No 2656, founded in 1928, is a micro nonprofit that reported $32K in total revenue in fiscal year 2023. Revenue surged 303% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 52% operating margin.

Mission

The Knights of Columbus is a fraternal organization consisting of Catholic gentlemen 18 years or older in age, who wish to serve their Church and their fellow citizens.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $483

Investment Income $1,633

Other Revenue $29,567

TOTAL REVENUE $31,683

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,500

Other Expenses $7,576

TOTAL EXPENSES $15,076

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,683	$7,864	+3.0%
Expenses	$15,076	$57,605	-0.7%
Net Income	$16,607	$-49,741	-1.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

123

Independent Members

123

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Pomeroy	Grand Knight	1.00	Officer	$0	$0	$0
Jim Coogan	Dep GrandKnight	1.00	Officer	$0	$0	$0
Joseph Cheevers	Treasurer	1.00	Officer	$0	$0	$0
Jeffery Boivin	Secretary	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$31,683	$15,076	$324,985	$16,607
2019	$225,603	$24,797	$339,561	$200,806

Knights of Columbus No 2656