Knights Templar Of The United States Of America
Knights Templar Of The United States Of America shows strong asset growth and zero officer compensation, but lacks detailed expense transparency.
EIN: 16010273 · Steep Falls, ME · Updated: 2026-03-28
About Knights Templar Of The United States Of America
Knights Templar Of The United States Of America (EIN: 16010273) is a nonprofit organization based in Steep Falls, ME. The organization reported total revenue of $2.4M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knights Templar Of The United States Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Knights Templar Of The United States Of America with a Mission Score of 85 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Knights Templar Of The United States Of America allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive negligible compensation, which is highly favorable for a nonprofit of its size with assets exceeding $5 million.
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 Templar Of The United States Of America's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- NTEE Code is unknown, making it difficult to benchmark against similar organizations
Strengths
The following positive indicators were identified for Knights Templar Of The United States Of America:
- Consistent asset growth, from $2.75M in 2015 to $5.27M in 2024
- Zero liabilities reported across all filings, indicating strong financial stability
- 0% officer compensation reported, suggesting efficient use of funds for leadership
- Significant revenue growth in recent years (e.g., $156K in 2022 to $591K in 2024)
Frequently Asked Questions about Knights Templar Of The United States Of America
Is Knights Templar Of The United States Of America a good charity?
Based on available data, the organization demonstrates strong financial health, consistent asset growth, and a commendable 0% officer compensation. However, without detailed expense breakdowns, it's difficult to fully assess program efficiency. The lack of liabilities is a significant positive.
What are the primary programs or activities of Knights Templar Of The United States Of America?
The provided IRS 990 data does not specify the NTEE code or detailed program descriptions. To understand their primary activities, one would need to consult their website or more detailed public disclosures.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or that any compensation falls below the reporting threshold for officers, indicating a highly cost-efficient governance structure.
What caused the significant revenue increase in 2023 and 2024?
Revenue jumped from $156,588 in 2022 to $566,058 in 2023 and $591,162 in 2024. The specific reasons for this substantial increase are not detailed in the provided financial summary but could be due to successful fundraising campaigns, large donations, or investment gains.
Filing History
IRS 990 filing history for Knights Templar Of The United States Of America showing financial trends over 15 years of public records:
Total assets increased by 184.4% over the same period, from $1.9M to $5.3M. Total functional expenses rose by 98.1%, from $86K to $170K. In its most recent filing year (2024), Knights Templar Of The United States Of America reported a surplus of $421K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $591K | $170K | $5.3M | $0 | — | — |
| 2023 | $566K | $129K | $4.4M | $0 | — | View 990 |
| 2022 | $157K | $161K | $3.8M | $0 | — | View 990 |
| 2021 | $237K | $115K | $4.5M | $0 | — | — |
| 2020 | $70K | $104K | $3.5M | $0 | — | — |
| 2019 | $140K | $123K | $2.9M | $0 | — | View 990 |
| 2018 | $126K | $138K | $2.8M | $0 | — | — |
| 2017 | $125K | $108K | $2.8M | $0 | — | View 990 |
| 2016 | $57K | $107K | $2.4M | $0 | — | View 990 |
| 2015 | $27K | $123K | $2.8M | $0 | — | View 990 |
| 2014 | $273K | $85K | $2.9M | $0 | — | View 990 |
| 2013 | $117K | $118K | $2.6M | $0 | — | View 990 |
| 2011 | $164K | $113K | $2.2M | $0 | — | View 990 |
| 2010 | $97K | $95K | $2.2M | $0 | — | View 990 |
| 2009 | $-51,377 | $86K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $591K, expenses of $170K, and assets of $5.3M (revenue +4.4% year-over-year).
- 2023: Revenue of $566K, expenses of $129K, and assets of $4.4M (revenue +261.5% year-over-year).
- 2022: Revenue of $157K, expenses of $161K, and assets of $3.8M (revenue -34.0% year-over-year).
- 2021: Revenue of $237K, expenses of $115K, and assets of $4.5M (revenue +238.0% year-over-year).
- 2020: Revenue of $70K, expenses of $104K, and assets of $3.5M (revenue -49.7% year-over-year).
- 2019: Revenue of $140K, expenses of $123K, and assets of $2.9M (revenue +10.4% year-over-year).
- 2018: Revenue of $126K, expenses of $138K, and assets of $2.8M (revenue +0.8% year-over-year).
- 2017: Revenue of $125K, expenses of $108K, and assets of $2.8M (revenue +120.5% year-over-year).
- 2016: Revenue of $57K, expenses of $107K, and assets of $2.4M (revenue +113.4% year-over-year).
- 2015: Revenue of $27K, expenses of $123K, and assets of $2.8M (revenue -90.2% year-over-year).
- 2014: Revenue of $273K, expenses of $85K, and assets of $2.9M (revenue +134.1% year-over-year).
- 2013: Revenue of $117K, expenses of $118K, and assets of $2.6M (revenue -29.1% year-over-year).
- 2011: Revenue of $164K, expenses of $113K, and assets of $2.2M (revenue +69.5% year-over-year).
- 2010: Revenue of $97K, expenses of $95K, and assets of $2.2M.
- 2009: Revenue of $-51,377, expenses of $86K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for Knights Templar Of The United States Of America 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.