Knanaya Catholic Congress Of North America Inc
Knanaya Catholic Congress Of North America Inc shows highly volatile revenue and expenses with no reported officer compensation.
EIN: 113433402 · Long Grove, IL · NTEE: X22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $135K |
| Program Spending | 85% |
| Net Assets | $8K |
| Transparency Score | 70/100 |
Is Knanaya Catholic Congress Of North America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knanaya Catholic Congress Of North America Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knanaya Catholic Congress Of North America Inc
Knanaya Catholic Congress Of North America Inc (EIN: 113433402) is a nonprofit organization based in Long Grove, IL, classified under NTEE code X22. The organization reported total revenue of $2.1M and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knanaya Catholic Congress Of North America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knanaya Catholic Congress Of North America Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $135K |
| Surplus / Deficit | +$6K |
| Total Assets | $96K |
| Total Liabilities | $88K |
| Net Assets | $8K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 91.5% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Knanaya Catholic Congress Of North America Inc reported a surplus of $6K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 91.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Knanaya Catholic Congress Of North America Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.9% | -90.3% | +544.2% |
| 2022 | +2511.7% | +1893.8% | -69.9% |
| 2021 | -89.2% | -83.8% | -81.4% |
| 2020 | +1165.7% | +2192.2% | +35.8% |
| 2019 | -95.9% | -98.0% | +61.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Knanaya Catholic Congress Of North America Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Knanaya Catholic Congress Of North America Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing administrative costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Knanaya Catholic Congress Of North America Inc's IRS 990 filings:
- Highly volatile revenue and expense patterns make financial stability unpredictable.
- Relatively low asset base compared to peak revenues, suggesting limited reserves.
- Liabilities have been a significant portion of assets in several periods (e.g., 2020, 2021), indicating potential financial strain.
Strengths
The following positive indicators were identified for Knanaya Catholic Congress Of North America Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Generally operates with expenses close to revenue, suggesting a lean operational model.
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Knanaya Catholic Congress Of North America Inc
Is Knanaya Catholic Congress Of North America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Knanaya Catholic Congress Of North America Inc (EIN: 113433402) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Knanaya Catholic Congress Of North America Inc spend its money?
Knanaya Catholic Congress Of North America Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Knanaya Catholic Congress Of North America Inc tax-deductible?
Knanaya Catholic Congress Of North America Inc is registered as a tax-exempt nonprofit (EIN: 113433402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Knanaya Catholic Congress Of North America Inc's spending goes to programs?
Knanaya Catholic Congress Of North America Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Knanaya Catholic Congress Of North America Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Knanaya Catholic Congress Of North America Inc is above average for NTEE category X22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Knanaya Catholic Congress Of North America Inc located?
Knanaya Catholic Congress Of North America Inc is headquartered in Long Grove, Illinois and files with the IRS under EIN 113433402. It is classified under NTEE code X22.
How many years of IRS 990 filings does Knanaya Catholic Congress Of North America Inc have?
Knanaya Catholic Congress Of North America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.
What causes the significant year-to-year fluctuations in revenue and expenses?
The provided data shows extreme volatility, with revenue ranging from $22,100 (2017) to $1,392,552 (2022). This could be due to large, infrequent events or donations, or a project-based operational model.
How does the organization manage its liabilities, which have sometimes exceeded 50% of assets?
In 2020, liabilities were $151,541 against assets of $266,211. While not exceeding assets, this high ratio suggests a reliance on short-term funding or significant outstanding obligations relative to its holdings.
What are the specific program activities that account for the majority of expenses?
Without detailed expense breakdowns beyond the summary, it's difficult to ascertain the specific programs. However, given the NTEE code X22 (Ethnic & Immigrant Support), it likely involves cultural, social, or religious support for the Knanaya Catholic community.
Filing History
IRS 990 filing history for Knanaya Catholic Congress Of North America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Knanaya Catholic Congress Of North America Inc's revenue has grown by 514.5%, moving from $23K to $141K. Total assets decreased by 31.9% over the same period, from $141K to $96K. Total functional expenses rose by 72.5%, from $78K to $135K. In its most recent filing year (2023), Knanaya Catholic Congress Of North America Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $88K in liabilities against $96K in assets (debt-to-asset ratio: 91.5%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $135K | $96K | $88K | — | — |
| 2022 | $1.4M | $1.4M | $15K | $13K | — | View 990 |
| 2021 | $53K | $70K | $50K | $46K | — | View 990 |
| 2020 | $496K | $430K | $266K | $152K | — | View 990 |
| 2019 | $39K | $19K | $196K | $147K | — | View 990 |
| 2018 | $952K | $927K | $122K | $93K | — | View 990 |
| 2017 | $22K | $52K | $201K | $197K | — | — |
| 2016 | $1.0M | $1.1M | $112K | $79K | — | View 990 |
| 2015 | $143K | $50K | $136K | $13K | — | View 990 |
| 2014 | $1.3M | $1.5M | $58K | $18K | — | View 990 |
| 2013 | $298K | $75K | $295K | $0 | — | View 990 |
| 2012 | $947K | $963K | $126K | $0 | — | View 990 |
| 2011 | $23K | $78K | $141K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $141K, expenses of $135K, and assets of $96K (revenue -89.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.4M, and assets of $15K (revenue +2511.7% year-over-year).
- 2021: Revenue of $53K, expenses of $70K, and assets of $50K (revenue -89.2% year-over-year).
- 2020: Revenue of $496K, expenses of $430K, and assets of $266K (revenue +1165.7% year-over-year).
- 2019: Revenue of $39K, expenses of $19K, and assets of $196K (revenue -95.9% year-over-year).
- 2018: Revenue of $952K, expenses of $927K, and assets of $122K (revenue +4207.2% year-over-year).
- 2017: Revenue of $22K, expenses of $52K, and assets of $201K (revenue -97.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $112K (revenue +626.1% year-over-year).
- 2015: Revenue of $143K, expenses of $50K, and assets of $136K (revenue -88.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.5M, and assets of $58K (revenue +327.0% year-over-year).
- 2013: Revenue of $298K, expenses of $75K, and assets of $295K (revenue -68.5% year-over-year).
- 2012: Revenue of $947K, expenses of $963K, and assets of $126K (revenue +4018.3% year-over-year).
- 2011: Revenue of $23K, expenses of $78K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knanaya Catholic Congress Of North America Inc:
Data Sources and Methodology
This transparency report for Knanaya Catholic Congress Of North America 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.