Knights Baseball Club
- Assets
- $1.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 93-1135130
Organization Overview
Knights Baseball Club is located in Portland, OR. The organization was established in 2002. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knights Baseball Club 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 12/2022, Knights Baseball Club generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 8 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.
Since 2014, Knights Baseball Club has awarded 74 individual grants totaling $119,576. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
KNIGHTS BASEBALL CLUB, INC.2022 SEASON RECAPTHE CORVALLIS KNIGHTS APPEARED IN ITS FIFTEENTH CONSECUTIVE WEST COAST LEAGUE (WCL) POST-SEASON AND SET NEW TEAM ATTENDANCE RECORDS, ONCE AGAIN. AND CAPTURED ITS 9TH WCL TITLE BEATING BELLINGHAM IN THE FINALS: GOING BACK-TO-BACK-TO-BACK-TO-BACK-TO-BACK-TO-BACK FOR THE FIRST TIME IN FRANCHISE AND LEAGUE HISTORY. LEAGUE COMPETITION COMBINED WITH SPECIALIZED INSTRUCTION, COMMUNITY INVOLVEMENT, WEIGHT TRAINING AND BEST-OF-BREED COACHING BENEFITED A GROUP OF OVER 40 STUDENT-ATHLETES AS EACH DEVELOPED HIS GAME AND DEVELOPED AS A PERSON OVER THE SUMMER. OUR STUDENT-ATHLETES ARE FURTHERING THEIR EDUCATION AT UNIVERSITIES, COLLEGES AND COMMUNITY COLLEGES THIS FALL/SPRING. MANY ARE EARNING SCHOLARSHIPS AS A RESULT OF THEIR BASEBALL SKILLS AND TIME WITH KNIGHTS BASEBALL CLUB.
WE ALSO CONTINUE TO SUPPORT OUR SPORTS BUSINESS INTERN PROGRAM. COLLEGE STUDENTS FROM OREGON STATE AND UNIVERSITY OF OREGON AND OTHER SCHOOLS GAINED PRACTICAL EXPERIENCE THIS PAST SUMMER WORKING FOR THE TEAM. THEY GAINED EXPERIENCE IN EVENT MANAGEMENT, TICKETING, CUSTOMER SERVICE, ENTERTAINMENT, FOOD & BEVERAGE SERVICES, BASEBALL DATA ANALYTICS; COMMUNITY AFFAIRS AND SALES & MARKETING.THE TEAM ALSO HOSTED ITS 10TH ANNUAL SCIENCE, ENGINEERING & ART DAY TO PROMOTE SCIENCE AND THE ARTS IN THE COMMUNITY. THE EVENT SOLD OUT AND FEATURED ELEMENTARY SCHOOLS FROM ALL OVER THE SURROUNDING AREAS.
OUR MISSION CONTINUES TO BE ACCELERATING THE DEVELOPMENT OF OUR STUDENTS, INCREASING THEIR EXPOSURE TO NEXT LEVEL OPPORTUNITIES, FURTHER DEVELOPING THEIR BUSINESS SKILLS AND BETTERING OUR COMMUNITY.FOR MORE INFORMATION ON THE CLUB, PLEASE VISIT CORVALLISKNIGHTS.COM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Segel CEO | 40 | $129,000 | |
Eric Gunderson Director | 1 | $0 | |
Geoff Loomis Director | 1 | $0 | |
Doug Nichols Vice President | 1 | $0 | |
Jeff Post Secretary | 1 | $0 | |
Joe Segel Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $330,776 |
| Interest on Savings | $1,927 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $171,409 |
| Other Income | $498,485 |
| Total Revenue | $1,002,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,000 |
| Other employee salaries and wages | $293,575 |
| Pension plans, employee benefits | $27,393 |
| Interest | $0 |
| Taxes | $72,198 |
| Depreciation | $755 |
| Occupancy | $15,362 |
| Travel, conferences, and meetings | $130,682 |
| Printing and publications | $57,470 |
| Other expenses | $290,987 |
| Total operating and administrative expenses | $1,018,422 |
| Contributions, gifts, grants paid | $34,905 |
| Total expenses and disbursements | $1,053,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,003 |
| Savings and temporary cash investments | $918,526 |
| Net Accounts receivable | $12,305 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,405 |
| Other assets | $0 |
| Total assets | $1,006,239 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Knights Baseball Club has awarded $34,905 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ABC HOUSE PURPOSE: CHARITABLE CONTRIBUTION | $3,046 |
BOYS & GIRLS CLUB OF CORVALLIS PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
BENTON COMMUNITY FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $487 |
COMMUNITY OUTREACH INC PURPOSE: CHARITABLE CONTRIBUTION | $1,700 |
LEBANON HIGH SCHOOL BASEBALL PURPOSE: CHARITABLE CONTRIBUTION | $3,500 |
MAKE A WISH AMERICA PURPOSE: CHARITABLE CONTRIBUTION | $319 |