Knights Booster Foundation
Knights Booster Foundation maintains stable finances with no officer compensation and growing assets.
EIN: 113750775 · Roanoke, VA · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $245K |
| Program Spending | 90% |
| Net Assets | $284K |
| Transparency Score | 92/100 |
Is Knights Booster Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knights Booster Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Booster Foundation
Knights Booster Foundation (EIN: 113750775) is a nonprofit organization based in Roanoke, VA, classified under NTEE code B11. The organization reported total revenue of $293K and total assets of $300K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knights Booster Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knights Booster Foundation is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $245K |
| Surplus / Deficit | +$71K |
| Total Assets | $284K |
| Net Assets | $284K |
| Operating Margin | 22.5% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2024, Knights Booster Foundation reported a surplus of $71K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Knights Booster Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.6% | -29.8% | +33.6% |
| 2023 | +32.5% | +52.4% | +0.3% |
| 2022 | +143.0% | +79.7% | +19.6% |
| 2021 | -32.5% | -16.9% | -8.2% |
| 2020 | -40.4% | -37.9% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Knights Booster Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Knights Booster Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization operates without paid officers or that any compensation falls below reporting thresholds, which is highly efficient for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Knights Booster Foundation:
- Consistent positive net assets and no liabilities across all filings.
- 0% officer compensation reported, indicating high operational efficiency.
- Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency.
- Healthy asset growth from $133,982 in 2015 to $283,599 in 2024.
- Revenue recovery and growth in recent periods, with $316,102 in 2024.
Frequently Asked Questions about Knights Booster Foundation
Is Knights Booster Foundation a legitimate charity?
Knights Booster Foundation (EIN: 113750775) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $293K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Knights Booster Foundation spend its money?
Knights Booster Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Knights Booster Foundation tax-deductible?
Knights Booster Foundation is registered as a tax-exempt nonprofit (EIN: 113750775). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Knights Booster Foundation's spending goes to programs?
Knights Booster Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Knights Booster Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Knights Booster Foundation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Knights Booster Foundation located?
Knights Booster Foundation is headquartered in Roanoke, Virginia and files with the IRS under EIN 113750775. It is classified under NTEE code B11.
How many years of IRS 990 filings does Knights Booster Foundation have?
Knights Booster Foundation has 14 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 $293K in total revenue.
Is Knights Booster Foundation a good charity?
Based on the provided financial data, Knights Booster Foundation appears to be a good charity. It consistently operates with a surplus or near-break-even, has no liabilities, and reports 0% officer compensation, suggesting high efficiency and a strong focus on its mission.
How has the organization's revenue trended?
Revenue has shown fluctuations, with a low of $108,566 in 2021 and a high of $349,609 in 2023. The latest period (202406) shows strong revenue at $316,102, indicating a recovery and growth trend after the 2021 dip.
What is the organization's asset growth like?
The organization has shown consistent asset growth, increasing from $133,982 in 2015 to $283,599 in 2024, demonstrating effective financial management and the ability to build reserves.
Filing History
IRS 990 filing history for Knights Booster Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Knights Booster Foundation's revenue has grown by 58.9%, moving from $199K to $316K. Total assets increased by 211.6% over the same period, from $91K to $284K. Total functional expenses rose by 15.1%, from $213K to $245K. In its most recent filing year (2024), Knights Booster Foundation reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $316K | $245K | $284K | $0 | — | — |
| 2023 | $350K | $349K | $212K | $0 | — | — |
| 2022 | $264K | $229K | $212K | $0 | — | View 990 |
| 2021 | $109K | $128K | $177K | $0 | — | View 990 |
| 2020 | $161K | $154K | $193K | $0 | — | View 990 |
| 2019 | $270K | $247K | $186K | $0 | — | View 990 |
| 2018 | $264K | $237K | $173K | $0 | — | View 990 |
| 2017 | $275K | $263K | $157K | $0 | — | View 990 |
| 2016 | $255K | $232K | $157K | $0 | — | View 990 |
| 2015 | $331K | $306K | $134K | $0 | — | View 990 |
| 2014 | $291K | $285K | $109K | $0 | — | View 990 |
| 2013 | $233K | $222K | $102K | $0 | — | View 990 |
| 2012 | $253K | $254K | $90K | $0 | — | View 990 |
| 2011 | $199K | $213K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $316K, expenses of $245K, and assets of $284K (revenue -9.6% year-over-year).
- 2023: Revenue of $350K, expenses of $349K, and assets of $212K (revenue +32.5% year-over-year).
- 2022: Revenue of $264K, expenses of $229K, and assets of $212K (revenue +143.0% year-over-year).
- 2021: Revenue of $109K, expenses of $128K, and assets of $177K (revenue -32.5% year-over-year).
- 2020: Revenue of $161K, expenses of $154K, and assets of $193K (revenue -40.4% year-over-year).
- 2019: Revenue of $270K, expenses of $247K, and assets of $186K (revenue +2.3% year-over-year).
- 2018: Revenue of $264K, expenses of $237K, and assets of $173K (revenue -4.1% year-over-year).
- 2017: Revenue of $275K, expenses of $263K, and assets of $157K (revenue +7.7% year-over-year).
- 2016: Revenue of $255K, expenses of $232K, and assets of $157K (revenue -22.8% year-over-year).
- 2015: Revenue of $331K, expenses of $306K, and assets of $134K (revenue +13.5% year-over-year).
- 2014: Revenue of $291K, expenses of $285K, and assets of $109K (revenue +24.9% year-over-year).
- 2013: Revenue of $233K, expenses of $222K, and assets of $102K (revenue -7.9% year-over-year).
- 2012: Revenue of $253K, expenses of $254K, and assets of $90K (revenue +27.3% year-over-year).
- 2011: Revenue of $199K, expenses of $213K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knights Booster Foundation:
Data Sources and Methodology
This transparency report for Knights Booster Foundation 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.