The Knights Initiative Inc

Nonprofit profile at a glance

EIN
473975502
IRS 990 coverage
2015–2025
Forms available
Form 990 2025
Location
Atlanta, GA, USA
Phone
4049535104
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$219,152
Expenses
$68,343
Assets
$1,256,598
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • NICK HENNER (PRESIDENT)

People named in this filing

  • DAN QUINN (VICE PRESIDE)
  • NICK HENNER (PRESIDENT)
  • MIKE VONCK (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide support to a broad range of charitable organizations that support persons in need, the poor, the hungry, and homeless in the atlanta area.

What it reported doing in 2025

Christ the king school 8427 (cks scholarship essay program) this project was created to encourage 7th and 8th graders at christ the king school to write an essay on the topic of faith in action. Essays were judged by teachers and friends of the knights initiative. Scholarships were awarded to 1st, 2nd, and 3rd place winners in 7th and 8th grade. Ignatius house 5000 this grant represents our third annual payment to be applied against a 5 year commitment of 25,000 to assist in the operation of retreats for underpriviledged individuals. Coats for kids 2948 this program provides coats to organizations such as mercy care atlanta and threads (a ministry of all saints episcopal church in atlanta). Pregnancy aid clinic 2400 this grant was provided to assist in the care and counseling of women dealing with unplanned pregnancies. Nicholas house 2000 this grant was provided in support of nicholas house's mission to assist homeless families in making the transition from homelessness to self- sufficiency in a structured but home-like environment. Quest atlanta radio 1000 this grant was provided to support quest radio in their effort to invite, inform, and inspire listeners to embrace their journey of faith. Skyland trail 1000 this grant was provided to support skyland trail in their mission to provide psychiatric care to those in need.

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 75
  • Accountability: 88
  • Sustainability: 90
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.1%; rating input score 67
  • Program expense ratio: 84.1%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 80%; rating input score 80; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 69.3%; rating input score 69; 48th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 68.8%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 18.39; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: -8.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 5% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 67.1% of revenue deployed · 84.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $57K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 15 of 17 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • 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 — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.