Knights of Columbus Home Association of Gainesville Texas

EIN 26-2097176 Mutual-benefit / member-serving Gainesville, TX

Form 990 (PDF) Compare with another nonprofit →

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Size

<$100K

What they do

Helps churches, schools, and communities thrive.

Leadership

Kent Wolf · President

Money in and out

$40K revenue, $1K expenses

Bottom line

+97% surplus margin

Helps churches, schools, and communities thrive. For fiscal year 2025 it reported $40K in revenue, $1K in expenses, and $836K in net assets.Pt I

Reported financial activity · FY2025

Total revenue

$40K

Pt VIII · Ln 12

Total expenses

$1K

Pt IX · Ln 25

Net assets

$836K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $39K

Surplus margin

+97%

revenue over expenses, this year▲ +4% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990

Revenue

$40K

FY2025▲ +20%

Expenses

$1K

FY2025▼ -51%

Total assets

$836K

FY2025▲ +5%

Total liabilities

FY2025

Total revenue

$40K

Pt VIII · Ln 12

Total expenses

$1K

Pt IX · Ln 25

Net assets

$836K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19$39K

Total assetsPt X · Ln 16$836K

Program-expense ratioPt IX · col B—

Voting members of governing bodyPt I · Ln 35

Independent voting membersPt I · Ln 4pending

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.

The Knights of Columbus Home Association of Gainesville, Texas holds assets to support the Knights of Columbus Council #1167.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CKnights of Columbus Home Association of Gainesville Texas

EINHdr · item D26-2097176

Principal addressHdr · item CGainesville, TX

WebsiteHdr · item Jnone reported

Year of formationHdr · item Lpending

State of legal domicileHdr · item MTX

Exempt statusHdr · item I501(c)(2) · active

NTEE classificationIRS BMFCommunity Development (S47)

Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a5

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12aNo

Whistleblower policyPt VI · Ln 13No

Document retention policyPt VI · Ln 14No

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Kent Wolf

President

$0Pt VII · Sec A

Kameron K Klement

Treasurer

$0Pt VII · Sec A

Matt Keeler

Director

$0Pt VII · Sec A

Jeff Gerken

Director

$0Pt VII · Sec A

Steve Schmitz

Secretary

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Investment income100%$40K

Total revenueLn 12$40K

Balance Sheet

Part X · end of year

CashLn 1$836K

Total assetsLn 16$836K

Total liabilitiesLn 26$0

Total net assetsLn 32$836K

Months of cash on handcomputed10027.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $836K · Operating expenses/yr $1K

10027.3 months

Where the money goes

Program services

Program services — · Total expenses $1K

—

Management & General

Management & general — · Total expenses $1K

—

Fundraising

Fundraising — · Total expenses $1K

—

Cost to raise $1

Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $0 · Total revenue $40K

Government reliance

Government grants — · Total revenue $40K

—

Earned-income share

Program service revenue $0 · Total revenue $40K

Investment reliance

Investment income $40K · Total revenue $40K

+100%

Program self-sufficiency

Program service revenue $0 · Total expenses $1K

Growth & trend

Revenue growth (YoY)

This year $40K · Prior year $33K

+20%

Net-asset trend (YoY)

End of year $836K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $40K · Expenses $1K

+97%

Liabilities-to-Assets

Total liabilities — · Total assets $836K

—

Net-asset ratio

Net assets $836K · Total assets $836K

100%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $836K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Kent Wolf · Reported title President · Highest reported compensation $0 · Total expenses $1K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1K

—

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	20%	—	—
Accounting fee ratio	94%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$40K revenue · viewing · ⤓ 990 PDF

FY2024$33K revenue · ⤓ 990 PDF

FY2023$16K revenue · ⤓ 990 PDF

FY2022$735K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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