American Knife and Tool Institute Inc

What it reported doing in 2025

The american knife and tool institute (akti) represents all segments of the knife industry and all knife users and is recognized world wide as a respected, credible and accurate source for legislative input, legislation status and industry information pertaining to knives and edged tools. Akti provides a focal point for resources and volunteer energy in the sensible evolution, development, and the consistent enforcement of knife legislation. Akti is the go to source for educational content about the history and future of knives and edged tools. Akti has been the reasonable and responsible voice of the knifemaking and knifeusing community since 1998.to accomplish this mission akti's goals are to: 1) promote developed and maintained relationships to make changes to legislation in four different states and 1 federal initiative, promoting knives as valuable everyday tools. Supported the congressional sportsmen's foundation annual event (approximately 100 federal legislators and staff), the national assembly of sportsmen's caucus (approximately 200 state legislators and staff), held virtual meetings with legislators and key policy makers regarding the utility of knives and the importance of knives as tools, as well as common issues in knife laws that need to be addressed.2) educate maintain current and accurate information on the knife laws in all 50 states, d.c., and on the federal level. 3) inform assisted over 20 individuals with legal issues and/or referred to attorneys or experts for additional assistance. Answered numerous questions for individuals and companies regarding specific knife law questions in their city or state. Provided information on dealing with counterfeit knives, exporting knives and how to start a knife business. Communicated by email with members and supporters (over 30 times) on legislative or educational issues. Distributed over 500 brochures for first time knife users. Distributed over 1,000 cards about the responsibilities of a knife user. Published 12 articles explaining knife laws and issues.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 9.2%; rating input score 55; 55th percentile among comparable filings
• Total-asset coverage ratio: 0.48; rating input score 24; 24th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 31.9%; rating input score 10; 10th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 0.8% per year; rating input score 100; 24th percentile among comparable filings
• Asset growth: -5.7% per year; rating input score 0; 9th percentile among comparable filings