COLUMBIANS INC OF FT WALTON BEACH

EIN: 591871673

FORT WALTON BEACH, FL

Total Revenue
$367
Total Expenses
$276,575
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
1984
Legal Domicile
FL
Principal Officer
LAWRENCE E BONCK JR
Phone
8503685744
Tax Period
2021-01-01 to 2021-12-31

COLUMBIANS INC OF FT WALTON BEACH, founded in 1984, is a micro nonprofit that reported $367 in total revenue in fiscal year 2021. Expenses of $277K exceeded revenue, resulting in a 75261% operating deficit.

Mission

TO PROVIDE FACILITIES AND OPERATIONS TO KNIGHTS OF COLUMBUS SPONSORED ACTIVITIES

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $367
Other Revenue $0
TOTAL REVENUE $367

Expense Breakdown

Grants Paid $276,575
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $276,575
Other Expenses $0
TOTAL EXPENSES $276,575

Year-over-Year Comparison

2021 2020 Change
Revenue $367 N/A N/A
Expenses $276,575 N/A N/A
Net Income $-276,208 $0 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
5
Independent Members
5
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE E BONCK JR CHAIRMAN & DIRECTOR 5.00
Officer Director
$0 $0 $0
CHARLES W SCHAEFER VICE CHAIRMAN & DIRECTOR 5.00
Officer Director
$0 $0 $0
RICHARD J HICKENBOTHAM TREASURER & DIRECTOR 5.00
Officer Director
$0 $0 $0
HARRY L GRIFFIN DIRECTOR 2.00
Director
$0 $0 $0
KARL T VANETTEN DIRECTOR 2.00
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
2021 $367 $276,575 No data $-276,208
2019 $445,308 $4,648 $425,603 $440,660
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