KNIGHTS TRUST INC (EIN 061416549) - 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

1994

Legal Domicile

Principal Officer

CHARLES CROOM

Phone

2034984307

Tax Period

2023-07-01 to 2024-06-30

KNIGHTS TRUST INC, founded in 1994, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $72K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 10% operating deficit.

Mission

SUPPORT OF SEMI-WEEKLY FORUM FOR COLLEGE SENIORS

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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 $63,702

Program Service Revenue $0

Investment Income $8,537

Other Revenue $0

TOTAL REVENUE $72,239

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $740

Program Expenses $59,836

Other Expenses $78,567

TOTAL EXPENSES $79,567

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,239	$98,640	-0.3%
Expenses	$79,567	$74,215	+0.1%
Net Income	$-7,328	$24,425	-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

Independent Members

Employees

N/A

Volunteers

N/A

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
VALERIE L WESTCOTT	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
P BRIAN KANE	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID DEMRES	DIRECTOR/VICE-PRESIDENT	1.00	Director	$0	$0	$0
CHARLES CROOM	DIRECTOR/CHAIRMAN/CEO	1.00	Officer Director	$0	$0	$0
ANTHONY POWELL	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KARLEE FULLER	DIRECTOR/PRESIDENT	1.00	Officer Director	$0	$0	$0
KENDALL EASLEY	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN MCKISSACK	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
CAMILA TORO	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
JACK OCKEN	DIRECTOR/VICE-PRESIDENT	1.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$72,239	$79,567	$996,948	$-7,328
2023	$98,640	$74,215	$987,838	$24,425
2022	$70,070	$52,792	$970,362	$17,278
2021	$72,214	$71,795	$1,007,078	$419
2020	$87,069	$57,679	$954,558	$29,390
2019	$76,240	$97,030	$937,300	$-20,790

KNIGHTS TRUST INC