PRINCE GEORGES COUNCIL NO 2809 - KNIGHTS OF COLUMBUS

EIN: 237108504

College Park, MD

Total Revenue
$32,956
Total Expenses
$39,615
Total Assets
$105,516
Net Assets
$104,517
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
MD
Principal Officer
Francis J Lattanzi
Phone
3013454076
Tax Period
2022-07-01 to 2023-06-30

PRINCE GEORGES COUNCIL NO 2809 - KNIGHTS OF COLUMBUS, founded in 1939, is a micro nonprofit that reported $33K in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. Expenses of $40K exceeded revenue, resulting in a 20% operating deficit.

Mission

Fraternal Beneficial and Religious Organization. Has six point program: Church, Community, Council, Youth, Family and Right to Life. Raises funds through the organization and a related 501(c)(3) for the mentally disabled providing funds for research, care and education of the mentally handicapped. Each Christmas season, members are solicited for contributions to be used for needy families. These names are gathered by and provided from the local churches as well as needy persons names gathered from the community.

Program Service Accomplishments

Program 1
Expenses: $8,000 Revenue: $0

Each year the council provides scholarship money to deserving Catholic high school students that base the awards on scholastic ability and family need. Each year between $6,000 and $8,000 is...

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Each year the council provides scholarship money to deserving Catholic high school students that base the awards on scholastic ability and family need. Each year between $6,000 and $8,000 is provided. $1,000 grants are given. The award check for the deserving students are made payable to the Catholic high school attending.

Program 2
Expenses: $2,000 Revenue: $0

Each year the council sells raffle tickets in which three cash prizes are awarded. The profits are used for benefit charity and scholarship programs.

Program 3
Expenses: $2,500 Revenue: $0

Each year, the council distributes Tootsie Rolls to the general public. Free will donations are accepted. The profits are distributed to the 501(c)(3) organizations who provide help to individuals...

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Each year, the council distributes Tootsie Rolls to the general public. Free will donations are accepted. The profits are distributed to the 501(c)(3) organizations who provide help to individuals with disabilities.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $19,500
Program Service Revenue $13,456
Investment Income $0
Other Revenue $0
TOTAL REVENUE $32,956

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,860
Fundraising Expenses $0
Program Expenses $32,094
Other Expenses $32,094
TOTAL EXPENSES $39,615

Year-over-Year Comparison

2022 2021 Change
Revenue $32,956 $35,192 -0.1%
Expenses $39,615 $36,833 +0.1%
Net Income $-6,659 $-1,641 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
615
Employees
1
Volunteers
500

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
$1,860
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Francis J Lattanzi Financial Secretary 45
Officer
$1,860 $0 $1,860
Timothy Keifline Grand Knight 20
Officer
$0 $0 $0
Paul Wood Deputy Grand Knight 8
Officer
$0 $0 $0
John Foley Chancellor 4
Officer
$0 $0 $0
Michael Smith Warden 4
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 $32,956 $39,615 $105,516 $-6,659
2022 $35,192 $36,833 $116,391 $-1,641
2021 $31,879 $41,259 $257,234 $-9,380
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