KNIGHTS OF COLUMBUS 0637 LORAIN

EIN: 237544311

LORAIN, OH

Total Revenue
$722,498
Total Expenses
$317,258
Total Assets
$554,071
Net Assets
$545,458
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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
1902
Legal Domicile
OH
Principal Officer
JD ANDREWS
Phone
4406704419
Tax Period
2023-01-01 to 2023-12-31

KNIGHTS OF COLUMBUS 0637 LORAIN, founded in 1902, is a small nonprofit that reported $722K in total revenue in fiscal year 2023. Revenue surged 511% from the prior year, signaling strong growth momentum. The organization ran a surplus of $405K, a strong 56% operating margin.

Mission

THE KOC SUPPORTS CHARITABLE CAUSES TO EXPRESS THEIR MEMBERS CATHOLIC FAITH AND IS A CHAPTER OF THE NATIONAL KOC THAT IS A FRATERNAL BENEFIT SOCIETY THAT PROVIDES FINANCIAL SECURITY THROUGH INSURANCE PRODUCTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,137
Program Service Revenue $0
Investment Income $12,590
Other Revenue $702,771
TOTAL REVENUE $722,498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $317,258
TOTAL EXPENSES $317,258

Year-over-Year Comparison

2023 2022 Change
Revenue $722,498 $118,269 +5.1%
Expenses $317,258 $10,150 +30.3%
Net Income $405,240 $108,119 +2.7%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES COLLINS TRUSTEE 5.00
Director
$0 $0 $0
DEWITT GRUBER TRUSTEE 5.00
Director
$0 $0 $0
JD ANDREWS SECRETARY 5.00
Director
$0 $0 $0
ANTONIO FREDA TRUSTEE 5.00
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
2023 $722,498 $317,258 $554,071 $405,240
2022 $118,269 $10,150 $148,831 $108,119
2021 $29,160 $4,977 $40,712 $24,183
2020 $16,731 $12,196 $7,916 $4,535
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