KNIGHTS COMMUNITY HOSPITAL EQUIPMENT LEND PROGRAM

EIN: 854232541 501(c)(3) Health Care

POULSBO, WA

Total Revenue
$274,668
Total Expenses
$66,645
Total Assets
$355,641
Net Assets
$355,641
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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
2023
Principal Officer
LAWRENCE DEVLIN
Phone
3609813179
Tax Period
2024-01-01 to 2024-12-31

KNIGHTS COMMUNITY HOSPITAL EQUIPMENT LEND PROGRAM, founded in 2023, is a small nonprofit in the Health Care sector that reported $275K in total revenue in fiscal year 2024. The organization ran a surplus of $208K, a strong 76% operating margin.

Mission

PROVIDE NO-COST DURABLE MEDICAL EQUIPMENT FOR HOME USE DURING PERIODS OF ILLNESS AND CONVALESCENCE. VISION: PROVIDE AID AND COMFORT IN MEETING CERTAIN INDIVIDUAL CRISIS NEEDS. ESTABLISH SERVICE CENTERS TO RECEIVE DONATED EQUIPMENT, PERFORM REPAIRS AND MAINTENANCE, AND INSTRUCT IN THE USE AND SET UP OF THE EQUIPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $274,663
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $274,668

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,645
Other Expenses $66,645
TOTAL EXPENSES $66,645

Year-over-Year Comparison

2024 2023 Change
Revenue $274,668 N/A N/A
Expenses $66,645 N/A N/A
Net Income $208,023 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
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAWRENCE DEVLIN PRESIDENT 5.00
Officer Director
$0 $0 $0
WILLIAM DEWEY OFFICER 5.00
Director
$0 $0 $0
MICHAEL SLAVIN OFFICER 5.00
Officer 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
2024 $274,668 $66,645 $355,641 $208,023
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