KNIGHTS OF COLUMBUS ROGERS CITY COLUMBIAN BLDG CORP

EIN: 386091224

ROGERS CITY, MI

Total Revenue
$245,375
Total Expenses
$340,189
Total Assets
N/A
Net Assets
N/A
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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
2003
Legal Domicile
MI
Principal Officer
NORMAN KOWALSKI
Phone
9897344543
Tax Period
2022-01-01 to 2022-12-31

KNIGHTS OF COLUMBUS ROGERS CITY COLUMBIAN BLDG CORP, founded in 2003, is a small nonprofit that reported $245K in total revenue in fiscal year 2022. Expenses of $340K exceeded revenue, resulting in a 39% operating deficit.

Mission

PROVIDE FACILITY FOR MEETING HALL AND OTHER EVENTS TO PATRONS IN THE COUNTY OF PRESQUE ISLE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,165
Investment Income $232,210
Other Revenue $0
TOTAL REVENUE $245,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,586
Fundraising Expenses $0
Program Expenses $340,189
Other Expenses $336,603
TOTAL EXPENSES $340,189

Year-over-Year Comparison

2022 2021 Change
Revenue $245,375 N/A N/A
Expenses $340,189 N/A N/A
Net Income $-94,814 N/A N/A
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
7
Independent Members
7
Employees
2
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD HEINZEL SEC/TREAS. N/A
Officer
$0 $0 $0
NORMAN KOWALSKI PRESIDENT 2.00
Officer
$0 $0 $0
CHARLES VOGELHEIM VICE PRESIDE 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
2022 $245,375 $340,189 No data $-94,814
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