Knox Blocks Foundation EIN 82-1077370 Form 990 (PDF) Claim this org

Knox Blocks Foundation FY2021 filing

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Educates about infant death and promotes infant health. For fiscal year 2021 it reported $545K in revenue, $299K in expenses, and $384K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
La Porte City, IA
Website
www.knoxblocks.org
Filings
6 on file (2020–2021)
Revenue
$545KFY2021
Expenses
$299K
Net assets
$384K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  82-1077370 Unknown exempt organization La Porte City, IA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Educates about infant death and promotes infant health.
Leadership
Elisha Palmer · Co Founder · $24K
Money in and out
$545K revenue, $299K expenses
Bottom line
+45% surplus margin
Reported financial activity · FY2021
Total revenue
$545K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$384K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $246K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Surplus margin
+45%
revenue over expenses, this year
Program spending
91%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$545K
FY2021▲ +72%
Expenses
$299K
FY2021▲ +24%
Total assets
$384K
FY2021▲ +178%
Total liabilities
$0
FY2021
Total revenue
$545K
Pt VIII · Ln 12
Total expenses
$299K
Pt IX · Ln 25
Net assets
$384K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$246K
Total assetsPt X · Ln 16$384K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $274K of program spending, described in the organization's own filed words · FY2020.
01

Knox blocks is partnered with owlet baby care providing a health and wellness monitor to families across the country. As the infant wears the owlet while they sleep it provides parents with peace of mind. Knox blocks has provided over 8,000 monitors to families in all 50 states.

$265Kprogram expense
02

Knowing how important it is to have eyes on your infant at all times we also know this isn't possible. Especially in a daycare environment. Because of this we have launched the green glow project, providing all licensed and registered daycare centers and in-home providers with owlets for all infants in their care in the state of iowa.

$9Kprogram expense
03

Every year wehold our annual nursery of hope. We provide infant loss families with a tree to plant in honor of their little one that left this world too soon. We have created a little forest in memory of these angels at hickory hills park in iowa. We provide this special day and place at no cost to the families.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKnox Blocks Foundation
EINHdr · item D82-1077370
Principal addressHdr · item CLa Porte City, IA
WebsiteHdr · item Jwww.knoxblocks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Co Founder
$23,725Pt VII · Sec A
Co Founder
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Elisha Palmer$22,500$22,500$22,500$16,875$23,725

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants103%$559K
Program service revenue$2K
Total revenueLn 12$545K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.02
Program services91%$274K
Management & general6%$19K
Fundraising2%$6K
Total functional expensesLn 25$299K

Balance Sheet

Part X · end of year
CashLn 1$58K
Total assetsLn 16$384K
Total liabilitiesLn 26$0
Total net assetsLn 32$384K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $58K · Operating expenses (Pt IX) $299K · Less non-cash grants $317K · Cash operating expenses/yr $-18K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $274K · Total expenses $299K
91%
Management & General
Management & general $19K · Total expenses $299K
6%
Fundraising
Fundraising $6K · Total expenses $299K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $3K · Solicited contributions (2-yr avg) $438K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $559K · Total revenue $545K
103%
Government reliance
Government grants — · Total revenue $545K
Earned-income share
Program service revenue $2K · Total revenue $545K
0.4%
Investment reliance
Investment income $0 · Total revenue $545K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $299K
0.7%
Growth & trend
Revenue growth (YoY)
This year $545K · Prior year $317K
+72%
Net-asset trend (YoY)
End of year $384K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $545K · Expenses $299K
+45%
Liabilities-to-Assets
Total liabilities — · Total assets $384K
Net-asset ratio
Net assets $384K · Total assets $384K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $384K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elisha Palmer · Reported title CO FOUNDER · Highest reported compensation $24K · Total expenses $299K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $31K · Total expenses $299K
10%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 1%
Revenue growth 72%
Accounting fee ratio 0.8%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Lsb FoundationFY2023$250
Total grants receivedfrom 2 funders$647
Grants paid · 3 grants · $47K · 2020–2024
Unitemized GrantFY2024$6,564

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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)$34K revenue · ⤓ 990 PDF
FY2024$266K revenue · ⤓ 990 PDF
FY2023$45K revenue · ⤓ 990 PDF
FY2022$306K revenue · ⤓ 990 PDF
FY2021$545K revenue · viewing · ⤓ 990 PDF
FY2020$317K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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