Knights of Columbus

Nonprofit profile at a glance

EIN
237108203
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025
Location
Watertown, SD, USA
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fraternal Beneficiary Societies
Affiliation
Christianity

Reported finances

Revenue
$135,213
Expenses
$126,779
Assets
$136,487

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Michael Roethler (Grand Knight - President)
  • Dennis Martenson (Deputy Grand Knight - Vice President)

People named in this filing

  • Michael Roethler (Grand Knight - President)
  • Dennis Martenson (Deputy Grand Knight - Vice President)
  • David Musielewicz (Financial Secretary)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fraternal religious charitable organization associated with the Catholic Church

What it reported doing in 2025

Donations to numerous service organizations and charitable functions in Watertown SD and area: Watertown Knights donate to public library public transit Special Olympics Military Conference of Catholic Bishops Watertown Schools special education Human Services Agency Boys and Girls State and many many other local\area organizations and activities.

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 revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.1%; rating input score 39
  • Program expense ratio: 39.3%; rating input score 39

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 6.2%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 8.5%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: -60.6% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 0.9% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 39.1% of revenue deployed · 39.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $50K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.