Knights Of Columbus is located in Sherman, TX. The organization was established in 1940. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Knights Of Columbus is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2021, Knights Of Columbus generated $80.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $45.3k during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT CITY, COUNTY, CHURCH PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Greg Koening Grand Knight | OfficerTrustee | 0 | $0 |
Keith Nelson Treasurer | OfficerTrustee | 0 | $0 |
Mark Engle Deputy Grand Knight | OfficerTrustee | 0 | $0 |
Steven Michael Financial Secretary | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,714 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,504 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,218 |
Total Program Service Revenue | $0 |
Investment income | $23,596 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $5,052 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $33,868 |
Net Income from Fundraising Events | $5,958 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $80,692 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $33,707 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,275 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,683 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $871 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,161 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $45,322 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $43,197 |
Savings and temporary cash investments | $12,580 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $738,673 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $794,450 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $794,450 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $794,450 |
Over the last fiscal year, Knights Of Columbus has awarded $26,527 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Sherman, TX PURPOSE: MAINTENANCE | $17,000 |
Sherman, TX PURPOSE: SUPPORT | $9,527 |
Organization Name | Assets | Revenue |
---|---|---|
Knights Of Columbus Austin, TX | $2,910,641 | $1,137,720 |
Fraternal Order Of Police Oklahoma City, OK | $2,736,153 | $1,324,562 |
Fraternal Order Of Police Bush, LA | $381,317 | $807,811 |
Fraternal Order Of Police Tulsa, OK | $1,449,837 | $833,611 |
Fraternal Order Of Police Bush, LA | $569,716 | $440,098 |
Knights Of Columbus Lafayette, LA | $709,412 | $458,984 |
Dallas Fraternal Order Of Police Lodge 588 Inc Dallas, TX | $24,906 | $433,108 |
Knights Of Columbus Hallettsville, TX | $72,749 | $487,108 |
Knights Of Columbus #2917 Houston, TX | $123,769 | $328,963 |
Knights Of Columbus La Grange, TX | $133,318 | $370,733 |
Ancient Free & Accepted Masons Of New Mexico Grand Lodge Albuquerque, NM | $2,872,043 | $423,587 |
Fraternal Order Of Police Norman, OK | $643,037 | $434,209 |