Overview
What is Massillon Knights Foundation?
The Massillon Knights Foundation, located at 988 Cherry Road NW, Massillon, Ohio 44647, is a nonprofit organization dedicated to supporting local Catholic churches and schools. Their primary activity involves organizing events such as 'Night at the Races' and 'Members Nights,' which benefit various nonprofit organizations, as outlined in their scheduled events. The foundation operates with a team of 38 employees, working tirelessly to promote and strengthen the Catholic community in their area. Although the description does not provide specific details about the types of events or initiatives they undertake, it is clear that the Massillon Knights Foundation plays an active role in the Catholic community of Massillon, Ohio.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating).
The Massillon Knights Foundation has received a low rating of 33%, reflecting significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with no material diversion of assets, it lacks crucial policies, such as a conflict of interest and whistleblower policy, which are essential for transparency and governance.
The foundation's financial metrics are particularly troubling, with only 5.05% of its expenses allocated to programs. This figure indicates that the majority of its resources might not be directed toward its mission, raising questions about its operational effectiveness. Additionally, the charity's liabilities to assets ratio is 6.50%, which is another indicator of potential financial instability.
Overall, while the Massillon Knights Foundation demonstrates strengths in board independence and governance structure, the missing policies and low program expenditure suggest areas that require significant improvement. Potential donors should consider these factors carefully when evaluating the organization's impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Massillon Knights Foundation legitimate?
Massillon Knights Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massillon Knights Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,195
For more financial information, click here
What is the mission statement of Massillon Knights Foundation?
The Massillon Knights Foundation's mission is centered around supporting local Catholic churches and schools. They accomplish this through various events, such as 'Night at the Races' and 'Members Nights', which are organized for the benefit of various non-profit organizations. These events, as outlined in their schedule, contribute to their overarching goal of promoting and strengthening Catholic institutions in the community.
Who is the CEO of Massillon Knights Foundation?
Paul Lambert is the President of Massillon Knights Foundation.
What is the revenue of Massillon Knights Foundation?
Massillon Knights Foundation's revenue in 2022 was $165,014.
Who are the executives of Massillon Knights Foundation and what are their salaries?
The average compensation at Massillon Knights Foundation during 2022 was $3,242. There are 38 employees and 9 volunteers at Massillon Knights Foundation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Massillon Knights Foundation?
Massillon Knights Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Massillon Knights Foundation
The Massillon Knights Foundation is dedicated to advocating for and elevating the status of Catholic churches and schools in the community. Their primary objective is to support these institutions, working tirelessly to promote their growth and development. To achieve this mission, the Massillon Knights Foundation organizes events such as 'Night at the Races' and 'Members Nights'. These events serve as fundraisers for various non-profit organizations, as listed in their schedule. By hosting these events, the foundation seeks to raise funds and awareness for Catholic institutions, thereby contributing to their continued success and impact in the community.
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Impact
October, 2024
The Massillon Knights Foundation has made a significant impact by promoting area Catholic churches and schools within the community. Through events like "Night at the Races" and regular members' nights, the foundation fosters a sense of community and support for local nonprofit organizations.
By organizing these events, the foundation not only raises awareness about the importance of Catholic education and religious institutions but also generates financial support for various nonprofits engaged in similar missions. This collaborative approach ensures that resources are pooled to enhance the spiritual and educational fabric of Massillon, empowering families and individuals to engage more deeply with their faith and community.
The foundation's efforts contribute to a thriving environment where Catholic values are nurtured and vital institutions are sustained, ultimately enriching the lives of countless individuals and families in the area.
This information is meant to be a general summary of Massillon Knights Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $361,449
Assets and Liabilities:
- Total Assets: $192,399
- Total Liabilities: $12,508
- Net Assets: $179,891
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Organization Details
Founding Year
1988
Principal Officer
Paul Lambert
Main Address
988 CHERRY RD NW, Massillon, OH, 446474224
NTEE Category
Code: X12 - Religion related
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