KNOTHOLE FOUNDATION INC

As filed

Subsection

03

NTEE code

N63

Classification

1200

Street

7531 TUCKASEEGEE RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• THE SIGNIFICANT AMOUNT OF FUNDS DEVOTED TO CAPITAL THRU 2021 SHIFTED TO OPERATIONS IN 2022 AND CONTINUED THRU 2024 AS THE MAJORITY OF FIELD/FACILITY DEVELOPMENT WAS COMPLETED AND ONGOING MAINTENANCE AND OPERATIONS IN SUPPORT OF TEAMS, CAMPS, CLINICS, EVENTS AND COMMUNITY OUTREACH WAS EMPHASIZED. THIS HAS PROVIDED THE FOUNDATION FOR FULLY SERVING THE COMMUNITY AND RELATED MISSION OF INCREASING DIVERSITY AND ACCESS FOR YOUTH BASEBALL, AFFORDING YOUTH AGES 4-18 THE BENEFIT OF TEAM SPORTS, ALONG WITH THE WRAP-AROUND SUPPORT FOR EDUCATION AND LIFE SKILLS.

  Expenses $256,463 · Revenue $87,270

• PROGRAMMING CONTINUED TO SCALE SIGNIFICANTLY AS THE NUMBER OF YOUTH PLAYING AFFILIATED ON TEAMS INCREASED AS DID THE NUMBER OF YOUTH INTRODUCED TO BASEBALL (1,700), MANY FOR THE FIRST TIME, THROUGH CAMPS AND CLINICS CONDUCTED AT THE DREAM FIELDS AND IN COMMUNITY. KEY EVENTS WERE ALSO PLANNED AND EXECUTED (I.E. 5TH ANNUAL HBCU CAMP/SHOWCASE; 3RD ANNUAL WESTSIDE STORY SPRING BREAK TOURNAMENT; NATIONAL NIGHT OUT IN PARTNERSHIP WITH CMPD; BACK TO SCHOOL EVENT). EDUCATION CONTINUED TO BE IMBEDDED IN THE FABRIC OF BASEBALL-THEMED ACTIVITIES (AS MEASURED BY OF READING HOURS; % PLAYERS ENGAGED IN READING). AFFORDABLE ACCESS CONTINUED TO BE AN AREA OF FOCUS WITH MOST ACTIVITIES DELIVERED AT NO COST TO PARTICIPANTS AND OVER 90% SUBSIDIZED FOR PLAYER PARTICIPATION ON TEAMS.

  Expenses $256,462 · Revenue $87,269

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $998,496

  Expenses

  $548,770

  Contributions

  $836,157

  Grants paid

  $0

• 2024

  Revenue

  $1,198,252

  Expenses

  $1,065,929

  Contributions

  $626,955

  Grants paid

  $0

• 2023

  Revenue

  $1,144,364

  Expenses

  $923,946

  Contributions

  $567,989

  Grants paid

  $0

• 2022

  Revenue

  $870,455

  Expenses

  $708,788

  Contributions

  $644,106

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,057,411

  Expenses

  $444,693

  Assets (EOY)

  $5,600,052

• 2021 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2020 · 990

  Revenue

  $745,289

  Expenses

  $236,932

  Assets (EOY)

  $5,007,868

• 2020 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $245,000

  2022 · CULTURE

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $75,000

  2024 · SPORTS AND RECREATION

• FOUNDATION FOR THE CAROLINAS

  $75,000

  2024 · CHARITABLE GIFT

• WINSTON-SALEM FOUNDATION

  $25,000

  2023 · 1 grant(s) for varying purposes

• WINSTON-SALEM FOUNDATION

  $25,000

  2024 · 1 grant(s) for varying purposes

• SERVANT FOUNDATION

  $25,000

  2022 · COMMUNITY DEVELOPMENT

• FOUNDATION FOR THE CAROLINAS

  $20,000

  2022 · CHARITABLE GIFT

• DONOR ADVISED CHARITABLE GIVING

  $15,000

  2024 · HUMAN SERVICES

• FOUNDATION FOR THE CAROLINAS

  $10,000

  2023 · CHARITABLE GIFT

• HOOPTEE CHARITIES INC

  $10,000

  2022 · OPERATIONAL SUPPORT

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

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files