KNIGHTS OF COLUMBUS

🔒

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

1925

Legal Domicile

Principal Officer

Timothy Gignac

Phone

2485482544

Tax Period

2022-01-01 to 2022-12-31

KNIGHTS OF COLUMBUS, founded in 1925, is a micro nonprofit that reported $10K in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $15K exceeded revenue, resulting in a 51% operating deficit.

Mission

Catholic family, fraternal, service organization serving the Catholic Church, building the Order of the Knights of Columbus, and enriching the community; providing aid to members' widows and orphans; providing service to church, family, youth, and both local and worldwide communities in need; and supporting life in all its stages.

Program Service Accomplishments

Program 1

The organization directly donated $2,500 to charities, such as Mother and Unborn baby Care, Franciscan Outreach food bank, Cappuchins kitchen and St. Vincent de Paul Society for the underserved, Jail and Outreach Ministry, Guest House for treatment of addictions. And an additional $359 donated to Take 10 Michigan Charities and the Sacred Heart Seminary Endowment campaign.

Program 2

Expenses: $222

Members and their families and friends volunteered time and talent in charitable services to religious education, food drives, youth groups, military veteran support, pregnancy support, and visits to...

Program 3

The 2022 Mentally Impaired (Tootsie Roll) Drives that benefit both children and adults in the community with mental and intellectual disabilities An additional $2390 was donated to organizations...

The 2022 Mentally Impaired (Tootsie Roll) Drives that benefit both children and adults in the community with mental and intellectual disabilities An additional $2390 was donated to organizations caring for people with intellectual disabilities primarily to the Arc of Oakland County.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $6,543

Program Service Revenue $0

Investment Income $3,540

Other Revenue $0

TOTAL REVENUE $10,083

Expense Breakdown

Grants Paid $5,249

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $222

Other Expenses $9,988

TOTAL EXPENSES $15,237

Year-over-Year Comparison

	2022	2021	Change
Revenue	$10,083	$11,906	-0.2%
Expenses	$15,237	$11,916	+0.3%
Net Income	$-5,154	$-10	+514.4%

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

120

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 Furton	Trustee	2	Director	$0	$0	$0
Robert Corey	Trustee	2	Director	$0	$0	$0
Patrick Nichols	Trustee	2	Director	$0	$0	$0
Andrew C Izydorek	Advocate	2	Director	$0	$0	$0
Anthony J Caruso	Guard	2	Director	$0	$0	$0
Timothy C Gignac	Grand Knight	5	Director	$0	$0	$0
Sean D Dare	Deputy Grand Knight	2	Director	$0	$0	$0
Gary A Schultz	Treasurer	2	Director	$0	$0	$0
Danial P Remeika	Financial Secretary	10	Director	$0	$0	$0
Francis E Johnstone	Chancellor	2	Director	$0	$0	$0
Daryl L Wood	Recorder	4	Director	$0	$0	$0
Mark Baker	Warden	2	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
2022	$10,083	$15,237	$476,048	$-5,154
2021	$11,906	$11,916	$518,848	$-10
2020	$22,696	$13,831	$531,886	$8,865