Knights Of The Holy Eucharist Inc
Knights Of The Holy Eucharist Inc operates with volunteer leadership and consistent, modest financial activity.
EIN: 205476442 · Waverly, NE · NTEE: X22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $523K |
| Total Expenses | $258K |
| Program Spending | 85% |
| Net Assets | $161K |
| Transparency Score | 88/100 |
Is Knights Of The Holy Eucharist Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Knights Of The Holy Eucharist Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Knights Of The Holy Eucharist Inc
Knights Of The Holy Eucharist Inc (EIN: 205476442) is a nonprofit organization based in Waverly, NE, classified under NTEE code X22. The organization reported total revenue of $523K and total assets of $476K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knights Of The Holy Eucharist Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Knights Of The Holy Eucharist Inc is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $258K |
| Surplus / Deficit | $-17,957 |
| Total Assets | $162K |
| Total Liabilities | $985 |
| Net Assets | $161K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Knights Of The Holy Eucharist Inc reported a deficit of $18K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Knights Of The Holy Eucharist Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | +6.4% | -9.5% |
| 2022 | +2.4% | -17.6% | +27.1% |
| 2021 | +2.4% | +21.5% | -12.6% |
| 2020 | +48.6% | +89.4% | +18.8% |
| 2019 | +19.2% | -16.1% | +62.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2013 |
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 Of The Holy Eucharist Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Knights Of The Holy Eucharist 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 deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis and no donor funds are used for executive salaries.
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 Knights Of The Holy Eucharist Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($257,974 vs $240,017), indicating a slight operating deficit for the year.
Strengths
The following positive indicators were identified for Knights Of The Holy Eucharist Inc:
- Consistent 0% officer compensation across all filings, demonstrating volunteer leadership and efficient use of funds.
- Long and consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.
- Stable revenue generation over a decade, showing consistent donor support.
Frequently Asked Questions about Knights Of The Holy Eucharist Inc
Is Knights Of The Holy Eucharist Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Knights Of The Holy Eucharist Inc (EIN: 205476442) some concerns. Mission Score: 88/100. 1 red flag identified, 3 strengths noted.
How does Knights Of The Holy Eucharist Inc spend its money?
Knights Of The Holy Eucharist Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Knights Of The Holy Eucharist Inc tax-deductible?
Knights Of The Holy Eucharist Inc is registered as a tax-exempt nonprofit (EIN: 205476442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Knights Of The Holy Eucharist Inc's spending goes to programs?
Knights Of The Holy Eucharist Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Knights Of The Holy Eucharist Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Knights Of The Holy Eucharist 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 Knights Of The Holy Eucharist Inc located?
Knights Of The Holy Eucharist Inc is headquartered in Waverly, Nebraska and files with the IRS under EIN 205476442. It is classified under NTEE code X22.
How many years of IRS 990 filings does Knights Of The Holy Eucharist Inc have?
Knights Of The Holy Eucharist 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 $523K in total revenue.
Does Knights Of The Holy Eucharist Inc pay its officers?
No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating volunteer leadership.
Is the organization financially stable?
Yes, while there are fluctuations, the organization has maintained a consistent level of revenue and expenses over a decade, with a modest asset base, suggesting operational stability.
What is the trend in the organization's assets?
Assets have fluctuated, reaching a high of $179,154 in 2022 before decreasing to $162,182 in 2023, but generally show growth from earlier periods like $50,069 in 2014.
Filing History
IRS 990 filing history for Knights Of The Holy Eucharist Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Knights Of The Holy Eucharist Inc's revenue has grown by 53.8%, moving from $156K to $240K. Total assets increased by 252.9% over the same period, from $46K to $162K. Total functional expenses rose by 72.2%, from $150K to $258K. In its most recent filing year (2023), Knights Of The Holy Eucharist Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $985 in liabilities against $162K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $161K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $258K | $162K | $985 | — | View 990 |
| 2022 | $281K | $242K | $179K | $0 | — | — |
| 2021 | $274K | $294K | $141K | $0 | — | View 990 |
| 2020 | $268K | $242K | $161K | $0 | — | View 990 |
| 2019 | $180K | $128K | $136K | $0 | — | View 990 |
| 2018 | $151K | $152K | $83K | $0 | — | View 990 |
| 2017 | $116K | $147K | $85K | $0 | — | View 990 |
| 2016 | $203K | $189K | $116K | $184 | — | View 990 |
| 2015 | $258K | $207K | $101K | $0 | — | View 990 |
| 2014 | $228K | $198K | $50K | $0 | — | View 990 |
| 2013 | $152K | $190K | $20K | $0 | — | View 990 |
| 2012 | $175K | $163K | $58K | $0 | — | View 990 |
| 2011 | $156K | $150K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $258K, and assets of $162K (revenue -14.5% year-over-year).
- 2022: Revenue of $281K, expenses of $242K, and assets of $179K (revenue +2.4% year-over-year).
- 2021: Revenue of $274K, expenses of $294K, and assets of $141K (revenue +2.4% year-over-year).
- 2020: Revenue of $268K, expenses of $242K, and assets of $161K (revenue +48.6% year-over-year).
- 2019: Revenue of $180K, expenses of $128K, and assets of $136K (revenue +19.2% year-over-year).
- 2018: Revenue of $151K, expenses of $152K, and assets of $83K (revenue +30.4% year-over-year).
- 2017: Revenue of $116K, expenses of $147K, and assets of $85K (revenue -42.9% year-over-year).
- 2016: Revenue of $203K, expenses of $189K, and assets of $116K (revenue -21.4% year-over-year).
- 2015: Revenue of $258K, expenses of $207K, and assets of $101K (revenue +13.4% year-over-year).
- 2014: Revenue of $228K, expenses of $198K, and assets of $50K (revenue +50.0% year-over-year).
- 2013: Revenue of $152K, expenses of $190K, and assets of $20K (revenue -13.2% year-over-year).
- 2012: Revenue of $175K, expenses of $163K, and assets of $58K (revenue +12.2% year-over-year).
- 2011: Revenue of $156K, expenses of $150K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Knights Of The Holy Eucharist Inc:
Data Sources and Methodology
This transparency report for Knights Of The Holy Eucharist 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.