Knights of Columbus Council 12422

Nonprofit profile at a glance

EIN
421486898
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Clive, IA, USA
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$59,823
Expenses
$70,146
Assets
$136,304

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • William M Summers (Financial Secretary)
  • Carl Davis (Treasurer)
  • Alan Brunkhorst (Grand Knight)

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

Fraternal benefit society. The Knights of Columbus including all subordinate councils assemblies and chapters collectively referred to as councils is a tax-exempt organization recognized by the Internal Revenue Service as a fraternal benefit society under Section 501c8 of the Internal Revenue Code.

What it reported doing in 2024

Community Activities including a. Coats For Kids b. Global Wheelchair Mission c. Habitat for Humanity d. Disaster Preparedness Relief e. Physically Disabled Intellectual Disabilities f. Elderly Widower Care g. Hospitals Health Organizations h. Columbian Squires i. Scouting Youth Groups j. Athletics k. Youth Welfare Service l. Scholarships Education m. Veteran Military VAVS n. Miscellaneous Community Youth Activities. 1760 Hours of Fraternal Service. Documentation: 2024 Council 12422 Annual Survey of Fraternal Activity

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 47% for direct work, and 53% for member benefits.

The verdict

MIXED - 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: 37
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40%; rating input score 40
  • Program expense ratio: 33.1%; rating input score 33

Transparency & Controls

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

Sustainability

  • Operating margin: -17.3%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 1.94; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -4.2% per year; rating input score 0; 37th percentile among comparable filings
  • Revenue growth: 14.4% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 40% of revenue deployed · 33.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $23K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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 40/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 33/100.
  • Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.