Knights Fraternal Corporation of Bloomington
Nonprofit profile at a glance
- EIN
- 237107495
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Bloomington, MN, USA
- Phone
- 9528881492
- Rating confidence
- Limited
- Sector
- Fraternal Societies
Reported finances
- Revenue
- $1,075,578
- Expenses
- $1,063,401
- Assets
- $440,516
- Liabilities
- $66,373
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RODERICK MADDOX (PRESIDENT)
- NED O'DOHERTY (VICE PRESIDENT)
Highest reported compensation
- ED WILSON (MEMBER): $56,191 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide each customer with the best service and congeniality possible to ensure customer satisfaction and appreciation.
What it reported doing in 2024
Restaurant and bar operations for members.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- 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: 90
- Accountability: 69
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- 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; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.1%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 5.3%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 840 of 840 board members independent · 2 of 8 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $56K · 9 people listed
- Consistency: 10 of 10 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.