Knott Alone--Hold Fast
Nonprofit profile at a glance
- EIN
- 872216958
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
- Location
- Gloucester, VA, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $172,579
- Expenses
- $142,214
- Assets
- $134,597
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Daniel L Knott (CEO)
People named in this filing
- Daniel L Knott (CEO)
- Nicholas B Barnes (Operations)
- Nichole G Knott (Integrative Therapy 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Knott Alone-Hold Fast supports Veterans and First Responders battling the effects of service while helping prevent suicide and love life again through hands-on commercial fishing waterman and other coastal activities combined with integrative therapy. We are a nature-based work program with available temporary housing to provide a sense of belonging and purpose while working on the water and other projects to educate and help the environment. The work ranges from crabbing oystering fishing and aquaculture to building public walking trails and cleaning up the waterways by removing trash and derelict gear and vessels. We also help educate the community on issues affecting veterans and first responders along with things effecting the coastal environment.
What it reported doing in 2024
On-Water Activity: Conducted over 100 Commercial Fishing and Aquaculture trips as the primary foundation for our nature-based work programming for veterans and first-responders. Each trip lasting roughly 3 hours of on-water work time supporting 3-4 personnel. These trips provided countless opportunities to connect with program participants to encourage engagement and promote healing through many different avenues as conditions allow. Other support: Completed and maintained over 4.5 miles of coastal nature trails on public lands around our facility to provide public access to the Chesapeake Bay and an additional work nature avenue for program use. Managed all gear and boat maintenance internally as part of workflow and support program. Presented at 45 community events to promote mental health awareness. Organized weekly community dinners serving over 675 individuals. Offered temporary housing for participants totaling approximately 1480 room stays.
Operating model
- Revenue model
- Donor-supported. 92% 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 available resources goes toward mission work. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 100
- Sustainability: 53
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66%; rating input score 66
- Program expense ratio: 80%; rating input score 80
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: 17.6%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.95; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 12.2%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -26.5% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 25.4% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 66% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $114K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 20/100.