Overview
What is K-C 1061 Inc?
K-C 1061 Inc is a nonprofit organization situated in Boonville, Missouri. Its primary focus is to operate as a community center, catering to various societal needs. This includes serving the fraternal, religious, civic, and youth work sectors, as well as promoting education and recreational activities. The center also acts as a gathering place for the local chapter of the Knights of Columbus. By providing a space for these purposes, K-C 1061 Inc aims to contribute positively to the community and support various local groups.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
K-C 1061 Inc has achieved a 73% rating from Charity Navigator, which reflects a Two-Star classification. This rating is based solely on the Accountability & Finance beacon, indicating that the organization performs well in several key areas but has significant shortcomings in governance and transparency practices.
The organization demonstrates strengths in its financial management, particularly with a 100% program expense ratio and a perfect score for its liabilities to assets ratio. Additionally, it has a fully independent board, scoring top marks for both the number of independent board members and the overall size of the board. However, the charity has notable deficiencies in its governance policies, as it lacks essential documentation such as a conflict of interest policy and a whistleblower policy, which negatively impacts its overall score.
Overall, while K-C 1061 Inc shows a strong commitment to financial accountability, the absence of critical governance policies raises concerns about its transparency and compliance. Potential donors may want to consider these factors when evaluating the organization's effectiveness and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is K-C 1061 Inc legitimate?
K-C 1061 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. K-C 1061 Inc 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: $0
For more financial information, click here
What is the mission statement of K-C 1061 Inc?
K-C 1061 Inc operates as a community center, offering facilities for various purposes. Its mission encompasses serving the needs of the community in areas such as fraternity, religion, civic engagement, youth activities, education, and recreation. Furthermore, the center acts as a gathering place for the local Knights of Columbus, fostering a sense of camaraderie and community among its members.
Who is the CEO of K-C 1061 Inc?
Clifford Oswald is the Board Member of K-C 1061 Inc.
What is the revenue of K-C 1061 Inc?
K-C 1061 Inc's revenue in 2022 was $36,669.
Who are the executives of K-C 1061 Inc and what are their salaries?
There 75 volunteers at K-C 1061 Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for K-C 1061 Inc?
K-C 1061 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of K-C 1061 Inc
K-C 1061 Inc, as a community center, is committed to serving a variety of purposes within its community. Primarily, it provides a space for fraternal, religious, civic, and youth activities. This includes education and recreational pursuits, offering a hub for community engagement and development. Furthermore, K-C 1061 Inc acts as a meeting place for the local Knights of Columbus, fostering a sense of camaraderie and shared values within this fraternal organization. Overall, the mission of K-C 1061 Inc is to promote community growth and unity, catering to a range of needs and interests while providing a supportive platform for local Knights of Columbus members.
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Impact
August, 2024
K-C 1061 Inc's impact is significant in Boonville, MO, as it provides a vital community center that serves a variety of purposes. The facilities maintained by K-C 1061 act as a meeting place for the local Knights of Columbus and cater to fraternal, religious, civic, youth work, education, and recreational needs. This allows the community to come together for social, educational, and recreational activities, fostering relationships and a sense of belonging among residents. By offering a space for various groups and activities, K-C 1061 Inc contributes to the overall well-being and cohesion of the community in Boonville.
This information is meant to be a general summary of K-C 1061 Inc. 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.
- Investment Income: $238
- Program Service Revenue: $28,438
- Gross Receipts: $36,737
Assets and Liabilities:
- Total Assets: $390,427
- Total Liabilities: $5
- Net Assets: $390,422
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$18,838
RENTAL INCOME-BING0
Revenue
$9,600
Organization Details
Founding Year
1969
Principal Officer
Clifford Oswald
Main Address
1515 RADIO HILL RD, BOONVILLE, MO, 65233
NTEE Category
Code: N31 - Recreation
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