ALPENA KNIGHTS HALL CORP

EIN: 812043011

ALPENA, MI

Total Revenue
$251,566
Total Expenses
$47,867
Total Assets
$291,411
Net Assets
$291,411
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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
2016
Legal Domicile
MI
Principal Officer
LES KLEMCZEWSKI
Tax Period
2020-01-01 to 2020-12-31

ALPENA KNIGHTS HALL CORP, founded in 2016, is a small nonprofit that reported $252K in total revenue in fiscal year 2020. The organization ran a surplus of $204K, a strong 81% operating margin.

Mission

SECTION 501C2 TITLE HOLDING CORPORATIONHALL RENTAL AND K OF C 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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $208,509
Other Revenue $43,057
TOTAL REVENUE $251,566

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $47,867
TOTAL EXPENSES $47,867

Year-over-Year Comparison

2020 2019 Change
Revenue $251,566 N/A N/A
Expenses $47,867 N/A N/A
Net Income $203,699 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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROY WEKWERT DIRECTOR 2.00
Director
$0 $0 $0
JIM HUBERT DIRECTOR 2.00
Director
$0 $0 $0
DAN PRZESLAWSKI DIRECTOR 2.00
Director
$0 $0 $0
LES KLEMCZEWSKI PRESIDENT 2.00
Officer
$0 $0 $0
MIKE MACKEY TREASUER 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
2020 $251,566 $47,867 $291,411 $203,699
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