Knights Fine Arts Boosters

Nonprofit profile at a glance

EIN
911548007
IRS 990 coverage
2010–2021
Forms available
Form 990 2021
Location
Bellevue, WA, USA
Phone
4256419059
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Visual Arts Organizations

Reported finances

Revenue
$7,223
Expenses
$2,562
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • RAJ GHAHIR (PRESIDENT)

People named in this filing

  • RAJ GHAHIR (PRESIDENT)
  • DEBBIE ROMERO (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. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Effective at its ye 6/30/2022, taxpayer's(kfab) activities, operations, programs, governance and assets were combined with knights athletics booster associations,(kaba), a 501(c)(3) organization. See attached resolustions. Taxpayer was administratively dissolved as a wa nfp corporation and from 7/1/2022-6/30/2023 and future years, its programs and activities will beincluded in kaba's form 990. Both taxpayer and kaba are 501(c)(3) boosterorganizations with june 30th year ends in support of newport high school, part of bellevue school district, bellevue wa. Https://bsd405.org/nhs/ kaba's information is below: po box 40261 bellevue, wa 98015 EIN 71-0896930 501(c)(3)

What it reported doing in 2021

Due to pressures on school budgets, kfab helped pay for various choir, robotics and drama costs in support of the students activities including concerts and extra practices and outside instruction.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 51
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.5%; rating input score 35
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 64.5%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -22.6% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -12.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -14.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 35.5% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $3K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.