Knights Of Columbus

Volunteer-led Knights Of Columbus chapter maintains stable finances with no executive compensation.

EIN: 10309344 · Old Town, ME · Updated: 2026-03-28

$0Revenue

$0Assets

90/100Mission Score (Excellent)

About Knights Of Columbus

Knights Of Columbus (EIN: 10309344) is a nonprofit organization based in Old Town, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knights Of Columbus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Knights Of Columbus in Old Town, ME, appears to be a small, local fraternal organization with relatively stable financial activity over the past decade. Their revenue and expenses fluctuate, but generally remain under $100,000 annually, with assets consistently around $100,000. For instance, in 2020, they reported revenue of $86,379 and expenses of $71,636, indicating a surplus for the year. The organization consistently reports $0 in liabilities for most years, suggesting a healthy balance sheet and no significant debt burden. Given the lack of reported officer compensation, it's likely this organization is run by volunteers, which contributes to high spending efficiency by minimizing overhead related to salaries.

Spending efficiency is strong, primarily due to the absence of paid executive compensation. This suggests that nearly all funds are directed towards their programs and operational costs. The consistent reporting of zero officer compensation across all filings indicates a volunteer-driven model, which is a significant positive for efficiency. Transparency is good, as they consistently file their IRS Form 990s, providing a clear record of their financial activities. However, without detailed breakdowns of program service expenses versus administrative or fundraising costs within the provided data, a precise assessment of their spending allocation is challenging. The overall picture is one of a well-managed, small-scale, volunteer-led organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Knights Of Columbus with a Mission Score of 90 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Knights Of Columbus allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-run at the leadership level, which is highly efficient for an organization 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 Of Columbus:

Zero executive compensation, indicating a volunteer-driven model and high efficiency.
Consistent financial stability with assets generally around $100,000.
Very low or zero reported liabilities across most years, demonstrating strong financial health.
Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about Knights Of Columbus

Is Knights Of Columbus (Old Town, ME) a good charity?

Based on the available financial data, the Knights Of Columbus in Old Town, ME, appears to be a well-managed, volunteer-led organization with stable finances and no reported executive compensation, suggesting high efficiency in directing funds towards its mission.

How does this organization manage its liabilities?

The organization consistently reports very low or zero liabilities across most filing periods (e.g., $0 in 2020, 2019, 2015, 2014, 2013), indicating strong financial management and a lack of significant debt.

What is the trend in their assets?

The organization's assets have remained relatively stable over the past decade, generally fluctuating around $100,000 to $117,000, indicating consistent financial stability despite annual variations in revenue and expenses.

Filing History

IRS 990 filing history for Knights Of Columbus showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2010–2020), Knights Of Columbus's revenue has declined by 3.8%, moving from $90K to $86K. Total assets decreased by 22.3% over the same period, from $135K to $105K. Total functional expenses fell by 21.2%, from $91K to $72K. In its most recent filing year (2020), Knights Of Columbus reported a surplus of $15K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2020	$86K	$72K	$105K	$0	—	—
2019	$13K	$23K	$90K	$0	—	View 990
2018	$25K	$35K	$100K	$252	—	View 990
2017	$42K	$44K	$111K	$395	—	—
2016	$45K	$44K	$113K	$453	—	View 990
2015	$47K	$44K	$112K	$539	—	View 990
2014	$43K	$47K	$108K	$0	—	View 990
2013	$49K	$49K	$113K	$0	—	View 990
2012	$77K	$73K	$117K	$3K	—	View 990
2011	$65K	$77K	$118K	$9K	—	View 990
2010	$90K	$91K	$135K	$14K	—	View 990

Year-by-Year Financial Summary

2020: Revenue of $86K, expenses of $72K, and assets of $105K (revenue +568.4% year-over-year).
2019: Revenue of $13K, expenses of $23K, and assets of $90K (revenue -47.8% year-over-year).
2018: Revenue of $25K, expenses of $35K, and assets of $100K (revenue -40.9% year-over-year).
2017: Revenue of $42K, expenses of $44K, and assets of $111K (revenue -6.3% year-over-year).
2016: Revenue of $45K, expenses of $44K, and assets of $113K (revenue -5.7% year-over-year).
2015: Revenue of $47K, expenses of $44K, and assets of $112K (revenue +11.1% year-over-year).
2014: Revenue of $43K, expenses of $47K, and assets of $108K (revenue -12.2% year-over-year).
2013: Revenue of $49K, expenses of $49K, and assets of $113K (revenue -37.1% year-over-year).
2012: Revenue of $77K, expenses of $73K, and assets of $117K (revenue +18.8% year-over-year).
2011: Revenue of $65K, expenses of $77K, and assets of $118K (revenue -27.6% year-over-year).
2010: Revenue of $90K, expenses of $91K, and assets of $135K.

Data Sources and Methodology

This transparency report for Knights Of Columbus 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.