118 E Second Street Property Inc
Nonprofit profile at a glance
- EIN
- 320332541
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Seymour, IN, USA
- Phone
- 8125222989
- Rating confidence
- Limited
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $39,892
- Expenses
- $29,650
- Assets
- $192,884
- Liabilities
- $1,250
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MARK HANCOCK (PRESIDENT)
- MATT LEVINE (VICE PRESIDENT)
People named in this filing
- MARK NOWLING (DIRECTOR)
- SETH DAVIDSON (DIRECTOR)
- KENNY MOORE (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is a 501(c)(2) title holding corporation for knights of columbus council 1252 (EIN 35-1081447).
What it reported doing in 2024
The organization holds title to real estate located at 118 east second street in seymour and leases the same to knights of columbus council 1252, a fraternal organization of catholic men exempt under irc section 501(c)(8).
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 73
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 25.7%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 6.51; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.5% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -3.3% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.