KNIGHTS OF COLUMBUS HOME ASSOCIATION OF LEOMINSTER INC (EIN 042547283) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

Bruce V Gallant

Phone

9788406633

Tax Period

2023-01-01 to 2023-12-31

KNIGHTS OF COLUMBUS HOME ASSOCIATION OF LEOMINSTER INC, founded in 1974, is a small nonprofit that reported $173K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $194K exceeded revenue, resulting in a 12% operating deficit.

Mission

We are a Catholic Mens Fraternal Organization. We raise funds for charitable causes within our locality.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,442

Program Service Revenue $0

Investment Income $3

Other Revenue $168,726

TOTAL REVENUE $173,171

Expense Breakdown

Grants Paid $7,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,200

Other Expenses $186,878

TOTAL EXPENSES $194,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,171	$152,524	+0.1%
Expenses	$194,078	$172,460	+0.1%
Net Income	$-20,907	$-19,936	+0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$21,136

Total Directors

$21,136

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER SOMMA	MANAGER	015.00	Officer Director	$10,650	$0	$10,650
BRUCE V GALLANT	Treasurer	015.00	Officer Director	$10,486	$0	$10,486

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
2024	No data	No data	No data	No data
2023	$173,171	$194,078	$78,084	$-20,907
2022	$152,524	$172,460	$89,259	$-19,936
2021	$164,068	$155,117	$109,477	$8,951
2020	$81,944	$124,624	$103,848	$-42,680
2019	$234,116	$245,621	$105,425	$-11,505

KNIGHTS OF COLUMBUS HOME ASSOCIATION OF LEOMINSTER INC