Maryland State Council Knights Of Columbus Charity Fund Inc
- Assets
- $608.6k
- Revenue
- $41.3k
- Investments
- $322.2k
- Employees
- 0
- Location
- Bowie, MD
- Founding
- 05/1986
- Data as of
- 06/2022
- EIN
- 52-1357264
Organization Overview
Maryland State Council Knights Of Columbus Charity Fund Inc is located in Bowie, MD. The organization was established in 1986. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland State Council Knights Of Columbus Charity Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Maryland State Council Knights Of Columbus Charity Fund Inc generated $41.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $22.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MARYLAND COUNCIL KNIGHTS OF COLUMBUS CHARITY FUND, INC. IS TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS. IN THIS REGARD IT OPERATES AND ADMINISTERS (1) A CHARITY PROGRAM FOR THE NEEDY,(2) A SCHOLARSHIP PROGRAM AND, (3) AN ULTRASOUND PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. CHARITY PROGRAM PROVIDES FINANCIAL ASSISTANCE TO INDIVDUALS IN TEMPORARY URGENT NEED. TOTAL GRANTS FOR 2021 WERE $19,007.2. SCHOLARSHIP PROGRAM PROVIDES TUITION ASSISTANCE TO STUDENTS ATTENDING CATHOLIC HIGHSCHOOLS IN THE MARYLAND JURISDICTION. TOTAL GRANTS FOR 2021 WERE $18,000. 3. THE ULTRASOUND PROGRAM PROVIDES FUNDING TO PURCHASE ULTRASOUND EQUIPMENT BY CRISIS PREGNANCY CENTERS LOCATED IN THE MARYLAND JURISDICTION. TOTAL GRANTS FOR 2021 WERE $41,923.
1. THE CHARITY PROGRAM PROVIDES FINANCIAL ASSISTANCE TO INDIVIDUALS IN TEMPORARY URGENT NEED. TOTAL FUNDS GRANTED BETWEEN 7/1/2021 AND 6/30/2022 WERE $17,062.2. THE SCHOLARSHIP PROGRAM PROVIDES TUITION ASSISTANCE TO STUDENTS ATTENDING CATHOLIC HIGH SCHOOLS IN THE MARYLAND JURISDICTION. NO TUITION ASSISTANCE WAS GRANTED BETWEEN 7/1/2021 AND 6/30/2022. 3. THE ULTRASOUND PROGRAM PROVIDES FUNDING TO PURCHASE ULTRASOUND EQUIPMENT BY CRISIS PREGNANCY CENTERS LOCATED IN THE MARYLAND JURISDICTION. NO SUCH FUNDS WERE GRANTED BETWEEN 7/1/2021 AND 6/30/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gil Boisevert Director | Trustee | 2 | $0 |
Ronald G Hassan Director | Trustee | 1 | $0 |
Anthony N Salvemini Director | Trustee | 1 | $0 |
James Seidlick Chairperson | Trustee | 2 | $0 |
Rev Jose D Opalda Director | Trustee | 1 | $0 |
Dale W Trott Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,676 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,676 |
| Total Program Service Revenue | $0 |
| Investment income | $9,653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $22,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,484 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $322,163 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $608,647 |
| 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 | $608,647 |
| Net assets with donor restrictions | $258,969 |
| 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 | $608,647 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maryland State Council Knights Of Columbus Charity Fund Inc has recieved totaling $62,175.
| Awarding Organization | Amount |
|---|---|
Knights Of Columbus Charities Inc New Haven, CT PURPOSE: DONATION TO PROMOTE THE CULTURE OF LIFE PROGRAM | $62,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lynchburg Lodge 715 Loyal Order Of Moose Lynchburg, VA | $1,181,606 | $1,405,839 |
Grand Chapter Of Pennsylvania Order Of The Eastern Star Inc Elizabethtown, PA | $1,833,616 | $1,345,024 |
Womans Club Richmond, VA | $937,761 | $530,480 |
Benevolent & Protective Order Of Elks Of The Usa Severna Park, MD | $519,777 | $762,401 |
Black Men S Xchange National Inc Owings Mills, MD | $286,590 | $465,733 |
Fraternal Order Of Police Sykesville, MD | $2,235,728 | $329,587 |
Benevolent & Protective Order Of Elks Of The Usa Fredericksburg, VA | $1,670,571 | $467,040 |
Elkton Lodge No 851 Loyal Order Of Moose Elkton, MD | $803,012 | $489,690 |
Benevolent & Protective Order Of Elks Of The Usa Edgewater, MD | $2,971,655 | $276,335 |
Harrington Lodge No 534 Loyal Order Of Moose Harrington, DE | $2,615,399 | $347,996 |
Blue Ridge Fellows Program Inc Roanoke, VA | $105,619 | $259,919 |
Fraternal Order Of Eagles Alexandria, VA | $897,570 | $472,246 |