Knox Blocks Foundation FY2024 filing

La Porte City, IA · Unknown exempt organization

Revenue
$266K
+487% vs prior year
Spent
$372K
To programs
89%
Net assets
$177K
By yearFY2020–FY2025
Revenue
$266K
FY2024▲ +487%
Revenue by fiscal year
FY2020$317K
FY2021$545K
FY2022$306K
FY2023$45K
FY2024$266K
FY2025$34K
Expenses
$372K
FY2024▲ +98%
Expenses by fiscal year
FY2020$240K
FY2021$299K
FY2022$264K
FY2023$188K
FY2024$372K
FY2025$211K
Net assets
$177K
FY2024▼ -38%
Net assets by fiscal year
FY2020$138K
FY2021$384K
FY2022$426K
FY2023$283K
FY2024$177K
FY2025$0

From the FY2024 Form 990 (year ending March 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CKnox Blocks Foundation
EINHdr · item D82-1077370
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CLa Porte City, IA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.knoxblocks.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.08 Fundraising $0.02
Program services89%$333K
Management & general8%$31K
Fundraising2%$9K
Total functional expensesLn 25$372K

Financial health

Is it on solid ground?

Surplus margin
-40%
revenue over expenses, this year
Program spending
89%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$177K
FY2024▼ -38%
Total assets by fiscal year
FY2020$138K
FY2021$384K
FY2022$426K
FY2023$283K
FY2024$177K
FY2025$0
Total liabilities
$0
FY2024
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$42
FY2023$0
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19−$107K
Total assetsPt X · Ln 16$177K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Balance Sheet

Part X · end of year
CashLn 1$51K
Total assetsLn 16$177K
Total liabilitiesLn 26$0
Total net assetsLn 32$177K
Months of cash on handcomputed1.6

Statement of Revenue

Part VIII
Contributions & grants106%$283K
Program service revenue$1K
Investment income$84
Total revenueLn 12$266K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $51K · Operating expenses/yr $372K
1.6 months
Where the money goes
Program services
Program services $333K · Total expenses $372K
89%
Management & General
Management & general $31K · Total expenses $372K
8%
Fundraising
Fundraising $9K · Total expenses $372K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $218K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $283K · Total revenue $266K
106%
Government reliance
Government grants — · Total revenue $266K
—
Earned-income share
Program service revenue $1K · Total revenue $266K
0.4%
Investment reliance
Investment income $84 · Total revenue $266K
+0.03%
Program self-sufficiency
Program service revenue $1K · Total expenses $372K
0.3%
Growth & trend
Revenue growth (YoY)
This year $266K · Prior year $45K
+487%
Revenue CAGR
FY2019 $317K · FY2023 $266K
-4%
Net-asset trend (YoY)
End of year $177K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $266K · Expenses $372K
-40%
Liabilities-to-Assets
Total liabilities — · Total assets $177K
—
Net-asset ratio
Net assets $177K · Total assets $177K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $177K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elisha Palmer · Reported title CO FOUNDER · Highest reported compensation $22K · Total expenses $372K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $26K · Total expenses $372K
7%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 8%——
Fundraising cost ratio 3%——
Revenue growth 487%——
Accounting fee ratio 4%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Co Founder
$22,500Pt 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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Governance & Policies

Part VI
  • 11Voting board membersPt VI · Ln 1a
  • 11Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Educates about infant death and promotes infant health.

Provided by the organization

This section is blank until Knox Blocks Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $168K of program spending, described in the organization's own filed words · FY2023.
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.

$163Kprogram expense
02

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.

$5Kprogram expense
03

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.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $34K$211K-87% 990 PDF
FY2024 Viewing $266K$372K+487% 990 PDF
FY2023 $45K$188K-85% 990 PDF
FY2022 $306K$264K-44% 990 PDF
FY2021 $545K$299K+72% 990 PDF
FY2020 $317K$240K 990 PDF

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Schedules filed Part IV

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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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