KNIGHTS OF COLUMBUS COUNCIL 1551 C/O WAYNE KARELS

EIN: 237543091

MONTEVIDEO, MN

Total Revenue
$3,727
Total Expenses
$4,962
Total Assets
$23,527
Net Assets
$23,527
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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
1911
Legal Domicile
MN
Principal Officer
JEFF EICKHOFF
Phone
3202698321
Tax Period
2020-01-01 to 2020-12-31

KNIGHTS OF COLUMBUS COUNCIL 1551 C/O WAYNE KARELS, founded in 1911, is a micro nonprofit that reported $4K in total revenue in fiscal year 2020. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROMOTE SOCIAL WELFARE

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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 (2020)

Revenue Breakdown

Contributions & Grants $791
Program Service Revenue $5,303
Investment Income $41
Other Revenue $-2,408
TOTAL REVENUE $3,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,930
Other Expenses $4,962
TOTAL EXPENSES $4,962

Year-over-Year Comparison

2020 2019 Change
Revenue $3,727 $6,775 -0.4%
Expenses $4,962 $8,768 -0.4%
Net Income $-1,235 $-1,993 -0.4%
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

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Governance

Voting Members
6
Independent Members
58
Employees
2
Volunteers
14

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF EICKHOFF GRAND KNIGHT N/A
Officer
$0 $0 $0
MARK GLADY TREASURER N/A
Officer
$0 $0 $0
DAVE LAURITSEN RECORDER N/A
Officer
$0 $0 $0
WILLIAM L PAULING DEP GRD KNGT N/A
Officer
$0 $0 $0
DAVID VOLLER FIN SECR N/A
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
2020 $3,727 $4,962 $23,527 $-1,235
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