KNIGHTS OF COLUMBUS (EIN 060416470) - 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

1882

Legal Domicile

Principal Officer

JOHN A MARRELLA

Phone

2037524000

Tax Period

2023-01-01 to 2023-12-31

KNIGHTS OF COLUMBUS, founded in 1882, is a large national nonprofit in the Mutual Benefit sector that reported $2.5B in total revenue in fiscal year 2023.

Mission

A CATHOLIC FRATERNAL ORGANIZATION DEDICATED TO PROMOTING AND CONDUCTING EDUCATIONAL, CHARITABLE, RELIGIOUS AND SOCIAL WELFARE WORKS, RENDERING MUTUAL AID ASSISTANCE TO SICK AND NEEDY MEMBERS AND THEIR FAMILIES AND PROVIDING INSURANCE PRODUCTS AND ANNUITIES TO BENEFIT MEMBERS, WIVES AND CHILDREN.

🔒

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 $0

Program Service Revenue $1,373,606,500

Investment Income $1,020,345,776

Other Revenue $88,570,727

TOTAL REVENUE $2,482,523,003

Expense Breakdown

Grants Paid $33,093,918

Salaries & Benefits $124,572,181

Fundraising Expenses $0

Program Expenses $2,427,944,919

Other Expenses $287,725,496

TOTAL EXPENSES $2,427,944,919

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,482,523,003	$2,549,652,973	0.0%
Expenses	$2,427,944,919	$2,400,045,344	+0.0%
Net Income	$54,578,084	$149,607,629	-0.6%

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

2532

Volunteers

2107000

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

$5,049,718

Total Directors

$5,900,443

Key Employees

$556,351

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL A ANDERSON	DIRECTOR/PAST SUPREME KNIGHT	10.00	Director	$196,944	$0	$196,944
JOHN S APPELBAUM	DIRECTOR	5.00	Director	$34,885	$0	$34,885
ANTONIO BANUELOS-ACOSTA	DIRECTOR	5.00	Director	$32,485	$0	$32,485
DANIEL DUCHESNE	DIRECTOR	5.00	Director	$34,085	$0	$34,085
RENNAN J DUFFOUR	DIRECTOR	5.00	Director	$25,285	$0	$25,285
SEAN E HALPAIN	DIRECTOR	5.00	Director	$32,485	$0	$32,485
COLIN R JORSCH JR	DIRECTOR	5.00	Director	$34,085	$0	$34,085
PATRICK E KELLY	DIRECTOR/SUPREME KNIGHT	45.00	Officer Director	$1,417,331	$48,140	$1,465,471
ARCIE J LIM	DIRECTOR	5.00	Director	$30,885	$0	$30,885
MOST REV WILLIAM E LORI	DIRECTOR/SUPREME CHAPLAIN	5.00	Officer Director	$135,000	$0	$135,000
JOHN A MARRELLA	DIRECTOR/SUPREME ADVOCATE	50.00	Officer Director	$714,598	$38,321	$752,919
PATRICK T MASON	DIRECTOR/SUPREME SECRETARY	50.00	Officer Director	$336,834	$48,140	$384,974
ANTHONY V MINOPOLI	DIRECTOR/CHIEF INVESTMENT OFFICER	50.00	Director	$747,032	$48,140	$795,172
CARMINE V MUSUMECI	DIRECTOR	5.00	Director	$35,685	$0	$35,685
PAUL G O'SULLIVAN	PAST DIRECTOR/DEP SUPREME KNIGHT	50.00	Officer Director	$254,584	$21,053	$275,637
ARTHUR LOUIS L PETERS	DIRECTOR/DEP SUPREME KNIGHT	15.00	Director	$74,081	$0	$74,081
RONALD F SCHWARZ	DIRECTOR/SUPREME TREASURER	48.00	Officer Director	$363,244	$38,206	$401,450
JOHN J KENNEDY	DIRECTOR/CHIEF FINANCIAL OFFICER	50.00	Officer Director	$800,147	$38,321	$838,468
MICHAEL A BENSON	DIRECTOR	5.00	Director	$34,885	$0	$34,885
STEPHEN J KEHOE	DIRECTOR	5.00	Director	$34,085	$0	$34,085
SCOTT A O'CONNOR	DIRECTOR	5.00	Director	$30,085	$0	$30,085
ANTONIO F PASCUA	DIRECTOR	5.00	Director	$33,669	$0	$33,669
MICHAEL R MCCUSKER	DIRECTOR/SUPREME MASTER	25.00	Director	$98,753	$0	$98,753
JAMEY C ROTH	DIRECTOR	5.00	Director	$34,485	$0	$34,485
ALFREDO A VELA	DIRECTOR	5.00	Director	$33,685	$0	$33,685
RENE V SARMIENTO	DIRECTOR	5.00	Director	$10,400	$0	$10,400
RENE TREVINO	DIRECTOR	5.00	Director	$10,400	$0	$10,400
RICHARD J KNEE MD	MEDICAL DIRECTOR	45.00	Officer	$391,295	$48,140	$439,435
GEORGE E SILOS	VICE PRESIDENT/ACTUARY	45.00	Officer	$308,224	$48,140	$356,364
RONALD D FRANZLUEBBERS	SENIOR VP/CHIEF ACTUARY	45.00	Key Emp	$512,450	$43,901	$556,351
JONATHON REYES	SENIOR VP OF STRATEGIC OUTREACH	45.00	Highest	$430,935	$48,140	$479,075
CHRISTOPHER HUESMAN	CHIEF INFORMATION OFFICER	45.00	Highest	$537,744	$48,140	$585,884
RONALD R SANDOVAL SR	CALIFORNIA GENERAL AGENT	45.00	Highest	$1,097,005	$0	$1,097,005
PATRICK MURPHY	SENIOR VP OF FINANCE	45.00	Highest	$450,050	$48,140	$498,190
FRANK MEMMO	CHIEF OF INSURANCE OPERATIONS	45.00	Highest	$539,846	$39,844	$579,690
JOSE C REYES JR	FORMER DIRECTOR	5.00		$19,400	$0	$19,400
DANIEL ROSSI	FORMER DIRECTOR	9.00		$32,238	$0	$32,238

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	$2,482,523,003	$2,427,944,919	$30,335,266,292	$54,578,084
2022	$2,549,652,973	$2,400,045,344	$29,370,584,012	$149,607,629
2021	$2,548,075,018	$2,417,495,755	$28,849,378,345	$130,579,263
2020	$2,439,461,226	$2,343,964,285	$27,668,138,210	$95,496,941
2019	$2,491,746,239	$2,343,169,543	$26,870,079,150	$148,576,696
2018	$2,418,570,779	$2,337,563,708	$25,436,169,914	$81,007,071

KNIGHTS OF COLUMBUS