KNIGHTS OF COLUMBUS #568 (EIN 420362195) - 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

1901

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

KNIGHTS OF COLUMBUS #568, founded in 1901, is a micro nonprofit that reported $53K in total revenue in fiscal year 2023. The organization ran a surplus of $20K, a strong 37% operating margin.

Mission

THE KNIGHTS OF COLUMBUS 568 UTILIZES VARIOUS FUNDRAISERS TO GENERATE REVENUE TO DISTRIBUTE TO LOCAL CHARITABLE ORGANIZATIONS

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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 (2023)

Revenue Breakdown

Contributions & Grants $13,317

Program Service Revenue $0

Investment Income $36,152

Other Revenue $3,570

TOTAL REVENUE $53,039

Expense Breakdown

Grants Paid $22,347

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,398

Other Expenses $11,051

TOTAL EXPENSES $33,398

Year-over-Year Comparison

	2023	2022	Change
Revenue	$53,039	N/A	N/A
Expenses	$33,398	N/A	N/A
Net Income	$19,641	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

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
MICHAEL LACHNITT	ONE YEAR TRUSTEE	0.00	Officer Director	$0	$0	$0
JOHN A WILLIAMS	TWO YEAR TRUSTEE	2.00	Officer Director	$0	$0	$0
JOHN W WAIL	THREE YEAR TRUSTEE	2.00	Officer Director	$0	$0	$0
KEVIN STRAUSBAUGH	DEPUTY GRAND KNIGHT	0.00	Officer	$0	$0	$0
MARK A BAXTER	WARDEN	2.00	Officer	$0	$0	$0
DAVID BECKMAN	ADVOCATE	2.00	Officer	$0	$0	$0
MELVIN SCHNEDLER	OUTSIDE GUARD	2.00	Officer	$0	$0	$0
JEFF G STEWART	RECORDER	2.00	Officer	$0	$0	$0
ROBERT ECKSTEIN	FINANCIAL SECRETARY	2.00	Officer	$0	$0	$0
JOHN HACKENMILLER	TREASURER	2.00	Officer	$0	$0	$0
DONALD J SCHNEIDER	INSIDE GUARD	2.00	Officer	$0	$0	$0
PATRICK F LYONS	GRAND KNIGHT	2.00	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
2023	$53,039	$33,398	$264,478	$19,641

KNIGHTS OF COLUMBUS #568