Troy Little Knights
Nonprofit profile at a glance
- EIN
- 932929937
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Troy, IL, USA
- Phone
- 6189809879
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $166,506
- Expenses
- $132,266
- Assets
- $114,232
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CODY WALTHALL (PRESIDENT)
- SCOTT SCHLAEFER (VICE PRESIDENT)
People named in this filing
- CODY WALTHALL (PRESIDENT)
- SCOTT SCHLAEFER (VICE PRESIDENT)
- PATRICK FULLING (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
Youth basketball program
What it reported doing in 2025
Primary purpose is to foster amateur sports competition, and specifically, to develop lifelong passions for the game of basketball in athletes throughout the communities surrounding troy, Illinois. Athletes in the program learn that when you are with the organization, hustle and heart set us apart. The organization is committed to serving all youth regardless of race, creed or nationality, to familiarize them with the fundamentals of basketball and to provide an opportunity to play in a supervised, organized and safety-oriented manner.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.6%; rating input score 71
- Program expense ratio: 88.9%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 20.6%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 37.2% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 30% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 50.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 70.6% of revenue deployed · 88.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.