Knights of the Round Table Inc

Nonprofit profile at a glance

EIN
271606990
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-T 2024, Form 990-N 2010
Location
Scottsdale, AZ, USA
Phone
6023772269
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Official website

Reported finances

Revenue
$81,096
Expenses
$53,759
Assets
$81,284
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • RICHARD A COOLEY (President)

People named in this filing

  • BRIAN J WALSH (Director)
  • DALE STEELE (Director)
  • STEPHEN BOATWRIGHT (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Knights of the Round Table is a nonprofit recovery group whose mission is to create a community where addicts in recovery can unite and support each other while being of service to others.

What it reported doing in 2024

The Knights of the Round Table have weekly meetings open to all men wanting to recover from addiction to drugs and alcohol. The number varies between 180215 attendees.The Knights of the Round Table provided Thanksgiving meals to families in need (approximately 18) of which the names were provided by local churches. We also provided Christmas gifts to these same families in need.We also offered labor and support for the local church which hosts the Knights weekly meetings. Although a fee is paid monthly to utilize the facility, the Knights of the Round Table assisted the church board in accomplishing their endeavors to maintain and improve the property.The Knights of the Round Table conducts monthly outreach campaigns on the streets of Phoenix, Arizona. Our team directly engages with individuals experiencing homelessness, providing essential items including clothing, water, hygiene products, and Narcan kits. We also distribute information on local community resources to support access to aid, housing, and sobriety programs. The Knights of the Round Table also hold an annual golf tournament to raise funds to support the service activities the Knights have committed to.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
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 a large share of total spending goes to programs. 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: 60
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.8%; rating input score 57
  • Program expense ratio: 84.8%; rating input score 85
  • 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: 33.7%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.51; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 14.8% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 29.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 56.8% of revenue deployed · 84.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.