Community Knights Inc
EIN: 270942160 · Newport News, VA · NTEE: S30
Is Community Knights Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Knights Inc
Community Knights Inc (EIN: 270942160) is a nonprofit organization based in Newport News, VA, classified under NTEE code S30. The organization reported total revenue of $2.6M and total assets of $416K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Knights Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Knights Inc is a mid-size nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 37.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $565K |
| Total Expenses | $594K |
| Surplus / Deficit | $-28,411 |
| Total Assets | $389K |
| Total Liabilities | $42K |
| Net Assets | $347K |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, Community Knights Inc reported a deficit of $28K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Community Knights Inc's revenue has grown at a compound annual growth rate (CAGR) of 37.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.2% | +21.2% | -9.9% |
| 2022 | -1.8% | +66.8% | -11.2% |
| 2021 | +14.9% | -33.0% | +35.2% |
| 2020 | -32.6% | +10.3% | -24.8% |
| 2019 | +12.0% | +5.1% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Knights Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Knights Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.7%.
Frequently Asked Questions about Community Knights Inc
Is Community Knights Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Knights Inc (EIN: 270942160) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Knights Inc spend its money?
Detailed spending breakdown data is not yet available for Community Knights Inc. Check back for updated IRS 990 analysis.
Are donations to Community Knights Inc tax-deductible?
Community Knights Inc is registered as a tax-exempt nonprofit (EIN: 270942160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Community Knights Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Community Knights Inc's revenue has grown by 2301.7%, moving from $24K to $565K. Total assets increased by 4531.2% over the same period, from $8K to $389K. Total functional expenses rose by 1777%, from $32K to $594K. In its most recent filing year (2023), Community Knights Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $42K in liabilities against $389K in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $347K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $565K | $594K | $389K | $42K | — | — |
| 2022 | $397K | $490K | $431K | $56K | — | View 990 |
| 2021 | $405K | $293K | $486K | $18K | — | View 990 |
| 2020 | $352K | $438K | $360K | $3K | — | View 990 |
| 2019 | $522K | $397K | $478K | $36K | — | View 990 |
| 2018 | $466K | $377K | $352K | $35K | — | View 990 |
| 2017 | $523K | $417K | $258K | $4K | — | — |
| 2016 | $383K | $277K | $161K | $14K | — | View 990 |
| 2015 | $173K | $126K | $62K | $21K | — | View 990 |
| 2014 | $74K | $68K | $15K | $20K | — | View 990 |
| 2013 | $24K | $32K | $8K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $565K, expenses of $594K, and assets of $389K (revenue +42.2% year-over-year).
- 2022: Revenue of $397K, expenses of $490K, and assets of $431K (revenue -1.8% year-over-year).
- 2021: Revenue of $405K, expenses of $293K, and assets of $486K (revenue +14.9% year-over-year).
- 2020: Revenue of $352K, expenses of $438K, and assets of $360K (revenue -32.6% year-over-year).
- 2019: Revenue of $522K, expenses of $397K, and assets of $478K (revenue +12.0% year-over-year).
- 2018: Revenue of $466K, expenses of $377K, and assets of $352K (revenue -10.9% year-over-year).
- 2017: Revenue of $523K, expenses of $417K, and assets of $258K (revenue +36.5% year-over-year).
- 2016: Revenue of $383K, expenses of $277K, and assets of $161K (revenue +121.3% year-over-year).
- 2015: Revenue of $173K, expenses of $126K, and assets of $62K (revenue +132.7% year-over-year).
- 2014: Revenue of $74K, expenses of $68K, and assets of $15K (revenue +216.2% year-over-year).
- 2013: Revenue of $24K, expenses of $32K, and assets of $8K.
Data Sources and Methodology
This transparency report for Community Knights Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.