KNIGHTS OF COLUMBUS 698 (EIN 237543254) - 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

1940

Legal Domicile

Principal Officer

MICHAEL J PITTMAN

Phone

4178627780

Tax Period

2021-07-01 to 2022-06-30

KNIGHTS OF COLUMBUS 698, founded in 1940, is a small nonprofit that reported $209K in total revenue in fiscal year 2021. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $240K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE ORGANIZATION PROVIDES SPECIFIC ASSISTANCE TO SICK AND NEEDY MEMBERS AND THEIR FAMILIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $8,868

Program Service Revenue $6,987

Investment Income $95

Other Revenue $193,258

TOTAL REVENUE $209,208

Expense Breakdown

Grants Paid $50,039

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $189,575

TOTAL EXPENSES $239,614

Year-over-Year Comparison

	2021	2020	Change
Revenue	$209,208	$160,539	+0.3%
Expenses	$239,614	$112,330	+1.1%
Net Income	$-30,406	$48,209	-1.6%

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
RICHARD L WYATT	TRUSTEE	1.00	Officer Director	$0	$0	$0
MICHAEL J PITTMAN	GRAND KNIGHT	1.00	Officer Director	$0	$0	$0
GREGORY HILTON	TREASURER	1.00	Officer Director	$0	$0	$0
DR THOMAS M ROUSE	FINANCIAL SE	1.00	Officer Director	$0	$0	$0
DAVID GOVERO	TRUSTEE	1.00	Officer Director	$0	$0	$0
JOHN F MARKEY SR	RECORDER	1.00	Officer Director	$0	$0	$0
RONALD F ENOS	CHANCELLOR	1.00	Officer Director	$0	$0	$0
DEAN ARENS	TRUSTEE	1.00	Officer Director	$0	$0	$0
SEAN C NEWTON	DEPUTY GRAND	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
2024	No data	No data	No data	No data
2022	$209,208	$239,614	$264,195	$-30,406
2021	$160,539	$112,330	$294,601	$48,209
2020	$165,432	$165,650	$246,392	$-218
2019	$217,109	$210,322	$246,610	$6,787

KNIGHTS OF COLUMBUS 698