KNIGHTS OF COLUMBUS COUNCIL 732

🔒

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

1907

Legal Domicile

Principal Officer

CLINTON BURCH

Phone

8122952815

Tax Period

2024-01-01 to 2024-12-31

KNIGHTS OF COLUMBUS COUNCIL 732, founded in 1907, is a micro nonprofit that reported $10K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $29K exceeded revenue, resulting in a 200% operating deficit.

Mission

THE KNIGHTS OF COLUMBUS IS A FRATERNAL BENEFICIAL SOCIETY ESTABLISHED TO PROVIDE INSURANCE BENEFITS TO ITS MEMBERS AND THEIR DEPENDENTS. IT ALSO SUPPORTS CHARITABLE, CIVIC, RELIGIOUS AND EDUCATIONAL ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $10,102

KNIGHTS OF COLUMBUS COUNCIL 732, LOOGOOTEE, INDIANA IS A FRATERNAL BENEFICIAL SOCIETY THAT IS OPERATED UNDER A "COUNCIL SYSTEM" FOR THE EXCLUSIVE BENEFIT OF ITS MEMBERS. COUNCIL 732 IS LARGELY SELF GOVERNING AND CARRIES ON ITS ACTIVITIES UNDER A GROUP EXEMPTION RULING FROM THE IRS RECEIVED BY THE KNIGHTS OF COLUMBUS NATIONAL ORGANIZATION IN 1940. THIS GROUP TAX EXEMPTIONS EXTENDS TO SUBORDINATE COUNCILS SUCH AS COUNCIL 732. COUNCIL 732 HAS AN ESTABLISHED SYSTEM FOR THE PAYMENT TO ITS MEMBERS AND THEIR DEPENDENTS OF LIFE INSURANCE AND OTHER INSURANCE BENEFITS.

Program 2

FINANCIAL SUPPORT IS PROVIDED TO CHARITABLE, RELIGIOUS, CIVIC AND EDUCATIONAL ORGANIATIONS SUCH AS THE GIBAULT SCHOOL FOR BOYS & GIRLS. THIS ORGANIZATION SERVES TROUBLED CHILDREN AND PROVIDES A...

FINANCIAL SUPPORT IS PROVIDED TO CHARITABLE, RELIGIOUS, CIVIC AND EDUCATIONAL ORGANIATIONS SUCH AS THE GIBAULT SCHOOL FOR BOYS & GIRLS. THIS ORGANIZATION SERVES TROUBLED CHILDREN AND PROVIDES A SCHOOL FOR GETTING ITS STUDENTS BACK ON TRACK EMOTIONALLY AND ACADEMICALLY. THE GOAL BEING TO HELP THEM BECOME LAW ABIDING AND PRODUCTIVE ADULTS.

Program 3

Expenses: $18,487

THE KNIGHTS OF COLUMBUS ALSO SUPPORTS VARIOUS LOCAL CHARITIES AND ORGANIZATIONS FINANCIALLY. SOME OF THE PROGRAMS ARE YOUTH ACTIVITES EMPHASIZING SPORTSMANSHIP, ACADEMIC PROGRAMS WHICH ENCOURAGE...

THE KNIGHTS OF COLUMBUS ALSO SUPPORTS VARIOUS LOCAL CHARITIES AND ORGANIZATIONS FINANCIALLY. SOME OF THE PROGRAMS ARE YOUTH ACTIVITES EMPHASIZING SPORTSMANSHIP, ACADEMIC PROGRAMS WHICH ENCOURAGE CATHOLIC YOUTH TO FURTHER THEIR EDUCATION THROUGH COLLEGE SCHOLARSHIPS AND OTHER PROGRAMS WHICH SUPPORT CIVIC AND COMMUNITY ACTIVITIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,404

Program Service Revenue $0

Investment Income $0

Other Revenue $5,135

TOTAL REVENUE $9,539

Expense Breakdown

Grants Paid $18,487

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,589

Other Expenses $10,102

TOTAL EXPENSES $28,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,539	$27,942	-0.7%
Expenses	$28,589	$38,515	-0.3%
Net Income	$-19,050	$-10,573	+0.8%

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

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
F LONNIE HAWKINS	TRUSTEE	N/A	Officer	$0	$0	$0
MIKE ENGLEMAN	FINANCIAL SE	N/A	Officer	$0	$0	$0
FR KENNETH WALKER	CHAPLAIN	N/A	Officer	$0	$0	$0
TIM BRADLEY	GRAND KNIGHT	N/A	Officer	$0	$0	$0
KENNETH ARVIN	TRUSTEE	N/A	Officer	$0	$0	$0
RICK COLVIN	TRUSTEE	N/A	Officer	$0	$0	$0
SCOTT HICKMAN	ADVOCATE	N/A	Officer	$0	$0	$0
LUKE O'CONNOR	WARDEN	N/A	Officer	$0	$0	$0
MIKE WAGGONER	INSIDE GUARD	N/A	Officer	$0	$0	$0
ED BULLOCK	OUTSIDE GUA	N/A	Officer	$0	$0	$0
AUSTIN BRADLEY	RECORDING SE	N/A	Officer	$0	$0	$0
RICHARD BURCH	TREASURER	N/A	Officer	$0	$0	$0
CLINTON BURCH	TRUSTEE	N/A	Officer	$0	$0	$0
RYAN TEMPLIN	DEPUTY GRAND	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
2024	$9,539	$28,589	$34,419	$-19,050
2023	$27,941	$38,515	$53,277	$-10,574
2022	$41,494	$17,720	$64,783	$23,774
2021	$38,961	$21,076	$39,417	$17,885
2019	$63,281	$51,671	$72,423	$11,610
2018	$55,273	$45,071	$56,357	$10,202