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Nonprofiteer
← KNIGHTS FOUNDATION INC

Form 990 for tax year 2024

Filed by KNIGHTS FOUNDATION INC.

Totals

Total revenue
$239,640
Total expenses
$178,887
Contributions and grants received
$11,950
Grants paid
$91,650
Program service revenue
$0
Investment income
$10,168
Other revenue
$217,522
Total assets, end of year
$795,529
Total liabilities, end of year
$3,925
Net assets or fund balances, end of year
$791,604
Program services expenses (Part IX)
$174,337
Management and general expenses
$4,550
Fundraising expenses
$0
Program service expenses (Part III)
$174,337

Program services were 97.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $11,950

  • 3 · Investment income

    total $10,168 · excluded $10,168

  • 6a · Gross rents

    real property $38,988

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $38,988

  • 6d · Net rental income or loss

    total $38,988 · excluded $38,988

  • 8a · Fundraising events: gross income

    $304,971

  • 8a · Fundraising events: contributions included on line 1c

    $11,950

  • 8b · Fundraising events: direct expenses

    $264,147

  • 8c · Net income from fundraising events

    total $40,824 · excluded $40,824

  • 9a · Gaming: gross income

    $1,020,870

  • 9b · Gaming: direct expenses

    $893,645

  • 9c · Net income from gaming

    total $127,225 · unrelated business $127,225

  • 11a · Other revenue: OTHER INCOME

    total $10,485 · excluded $10,485

  • 11e · Other revenue, total

    $10,485

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $91,650 · program services $91,650

  • 11c · Fees: accounting

    total $4,550 · management and general $4,550

  • 12 · Advertising and promotion

    total $649 · program services $649

  • 13 · Office expenses

    total $5,783 · program services $5,783

  • 16 · Occupancy

    total $51,488 · program services $51,488

  • 22 · Depreciation, depletion and amortization

    total $13,090 · program services $13,090

  • 24a · Other expenses: FEDERAL EXCISE TAX

    total $11,477 · program services $11,477

  • 24b · Other expenses: OHIO FILING FEE

    total $200 · program services $200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $118,485 · end of year $182,159

  • 10a · Land, buildings and equipment: cost or other basis

    $624,874

  • 10b · Land, buildings and equipment: accumulated depreciation

    $170,648

  • 10c · Land, buildings and equipment, net

    beginning of year $467,316 · end of year $454,226

  • 11 · Investments: publicly traded securities

    beginning of year $150,156 · end of year $159,144

  • 25 · Other liabilities

    beginning of year $3,925 · end of year $3,925

  • 27 · Net assets without donor restrictions

    beginning of year $732,032 · end of year $791,604

Mission and programs · 2024

Mission

TO PROVIDE FINANCIAL ASSISTANCE TOWARD TUITION AND EXPENSES FOR THE BENEFIT OF WORTHY STUDENTS AT BISHOP ROSECRANS HIGH SCHOOL AND BISHOP FENWICK SCHOOL IN ZANESVILLE, OHIO AS WELL AS ANY OTHER WORTHY LOCAL CHARITIES THAT ARE REGISTERED WITH THE STATE OF OHIO AND PROVIDE US PROOF THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3).

  • THE KNIGHTS FOUNDATION LARGEST PROGRAMS ARE TO PROVIDE SCHOLARSHIPS AND OPERATING EXPENSE AID TO THE CATHOLIC SCHOOLS OF ZANESVILLE AS WELL AS ANY OTHER DESERVING 501(C)(3) LOCAL CHARITIES.

    Expenses $174,337 · Grants $91,650

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Scott Moyer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    12

  • Herbert Baker

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    12

  • Joshua Agin

    TREASURER

    Total calculated
    $0
    Hours/week
    12

  • Alex Nash

    SECRETARY

    Total calculated
    $0
    Hours/week
    12

  • John Wiles

    TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Jason Newton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Larry Taylor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Jay Agin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    12

  • Steve Dillon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    12

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513169349306076

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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