GOOD KNIGHTS INC (EIN 851470144) - 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

2020

Legal Domicile

Principal Officer

ROGER DORSEY

Phone

4408227241

Tax Period

2024-07-01 to 2025-06-30

GOOD KNIGHTS INC, founded in 2020, is a community nonprofit in the Public & Societal Benefit sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 395% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 81% operating margin.

Mission

THE ORGANZIATION PROVIDES BEDS TO UNDER SERVED CHILDREN IN THE LORAIN COUNTY AREA

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,581,507

Program Service Revenue $0

Investment Income $14,135

Other Revenue $0

TOTAL REVENUE $1,595,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,898

Fundraising Expenses $1,877

Program Expenses $270,592

Other Expenses $255,855

TOTAL EXPENSES $305,753

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,595,642	$322,579	+3.9%
Expenses	$305,753	$288,785	+0.1%
Net Income	$1,289,889	$33,794	+37.2%

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

Volunteers

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

$19,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSS HILL	DIRECTOR	4.00	Director	$0	$0	$0
JOHN SONNHALTER	CHAIR	4.00	Officer Director	$0	$0	$0
THOMAS GERRITY	DIRECTOR	4.00	Director	$0	$0	$0
ROGER DORSEY	EXECUTIVE DIRECTOR	30.00	Director	$19,200	$0	$19,200
KURT ZBIN	VICE CHAIRMAN	4.00	Officer Director	$0	$0	$0
JEFF ODOM	DIRECTOR	4.00	Director	$0	$0	$0
KATHY KAPLAN	DIRECTOR	4.00	Director	$0	$0	$0
THELMA CRUZ	DIRECTOR	4.00	Director	$0	$0	$0
CHASE FERRIS	DIRECTOR	4.00	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
2025	$1,595,642	$305,753	$1,704,429	$1,289,889
2024	$322,579	$288,785	$363,943	$33,794
2023	$514,054	$224,619	$330,149	$289,435

GOOD KNIGHTS INC