Civic Intelligence

Knights Trust Inc Co Charles Kingsley

990 • Fiscal year 2023 • EIN 06-1416549

Jul 01, 2022 to Jun 30, 2023 • Filed on May 01, 2024

CO C Kingsley 265 Church StNew Haven, CT 06508-1832

(203) 498-4307

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

78th percentile

25%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

45th percentile

1.8%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

41%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$987,838

Up $17,476 (+1.8%) from 2022

Net Assets

Up

$987,838

Up $17,476 (+1.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$98,640

Up $28,570 (+41%) from 2022

Expenses

Up

$74,215

Up $21,423 (+41%) from 2022

Net Income

Up

$24,425

Up $7,147 (+41%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $846,605Liabilities 2011: $0Net Assets 2011: $846,6052011Assets 2012: $857,839Liabilities 2012: $0Net Assets 2012: $857,8392012Assets 2013: $879,339Liabilities 2013: $0Net Assets 2013: $879,3392013Assets 2014: $901,608Liabilities 2014: $0Net Assets 2014: $901,6082014Assets 2015: $911,909Liabilities 2015: $0Net Assets 2015: $911,9092015Assets 2016: $925,047Liabilities 2016: $0Net Assets 2016: $925,0472016Assets 2017: $943,174Liabilities 2017: $0Net Assets 2017: $943,1742017Assets 2018: $951,578Liabilities 2018: $0Net Assets 2018: $951,5782018Assets 2019: $937,300Liabilities 2019: $0Net Assets 2019: $937,3002019Assets 2020: $954,558Liabilities 2020: $0Net Assets 2020: $954,5582020Assets 2021: $1,007,078Liabilities 2021: $0Net Assets 2021: $1,007,0782021Assets 2022: $970,362Liabilities 2022: $0Net Assets 2022: $970,3622022Assets 2023: $987,838Liabilities 2023: $0Net Assets 2023: $987,8382023Assets 2024: $996,948Liabilities 2024: $0Net Assets 2024: $996,9482024Assets 2025: $1,049,925Liabilities 2025: $0Net Assets 2025: $1,049,9252025

Highlighted filing

2023

Assets$987,838
Liabilities$0
Net Assets$987,838

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $74,959Expenses 2011: $83,094Net Income 2011: -$8,1352011Revenue 2012: $80,692Expenses 2012: $67,404Net Income 2012: $13,2882012Revenue 2013: $80,975Expenses 2013: $67,275Net Income 2013: $13,7002013Revenue 2014: $69,311Expenses 2014: $63,975Net Income 2014: $5,3362014Revenue 2015: $87,524Expenses 2015: $81,797Net Income 2015: $5,7272015Revenue 2016: $77,833Expenses 2016: $64,696Net Income 2016: $13,1372016Revenue 2017: $77,963Expenses 2017: $73,889Net Income 2017: $4,0742017Revenue 2018: $80,003Expenses 2018: $74,955Net Income 2018: $5,0482018Revenue 2019: $76,240Expenses 2019: $97,030Net Income 2019: -$20,7902019Revenue 2020: $87,069Expenses 2020: $57,679Net Income 2020: $29,3902020Revenue 2021: $72,214Expenses 2021: $71,795Net Income 2021: $4192021Revenue 2022: $70,070Expenses 2022: $52,792Net Income 2022: $17,2782022Revenue 2023: $98,640Expenses 2023: $74,215Net Income 2023: $24,4252023Revenue 2024: $72,239Expenses 2024: $79,567Net Income 2024: -$7,3282024Revenue 2025: $81,311Expenses 2025: $56,274Net Income 2025: $25,0372025

Highlighted filing

2023

Revenue$98,640
Expenses$74,215
Net Income$24,425
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 1, 2024
Return Version
2022v5.0
Gross Receipts
$98,640
Mission and Program Overview

Mission

Our mission is to provide a framework and atmosphere of trust that will allow its members to discover a deepened sense of self, to better understand their own core values with an appreciation for the values of others, and to encourage the development of lasting interpersonal relationships through the sharing of life experiences and the exploration of diverse ideas.

Support of semi-weekly forum for college seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$970,362$987,838▲ $17,476
Land, Buildings, and Equipment, Net$661,419$661,419→ $0
Investments in Publicly Traded Securities$280,947$290,371▲ $9,424
Cash and Non-Interest-Bearing Accounts$26,214$36,048▲ $9,834
Savings and Temporary Cash Investments$1,782--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$970,362$987,838▲ $17,476
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$970,362$987,838▲ $17,476
Total Liabilities and Net Assets / Fund Balance$970,362$987,838▲ $17,476

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$474,090-$474,090
Other Land Buildings$187,329-$187,329

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$280,947-▲ $9,424-$290,371
2021$323,055-▼ $42,108-$280,947
2020$262,337$2,416▲ $58,302-$323,055
2019$261,212$7,916▼ $1,791$5,000$262,337
2018$267,532$2,621▲ $16,059$25,000$261,212
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles CroomDirector/chairman/CEO
Karlee FullerDirector/president
Anthony PowellDirector/vice-president
Camila ToroDirector/vice-president
Jack OckenDirector/vice-president
John MckissackDirector/vice-president
Kendall EasleyDirector/vice-president
Noah GrayDirector/vice-president
P Brian KaneDirector/vice-president
David DemresDirector
Valerie L WestcottDirector/treasurer
Whitney Fogg RidingsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$75,009
Program Service Revenue
$2,685
Investment Income
$20,946
Other Revenue
$0
All Other Contributions
$75,009
Change in Net Assets
$24,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,215
Grants and Similar Amounts Paid$1,000
Total Fundraising Expense$910
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$47,852--$47,852
Conferences and Meetings$17,033--$17,033
Insurance-$6,150-$6,150
Office Expenses-$180$910$1,090
Grants to Domestic Orgs$1,000--$1,000
Fees for Services Accounting-$750-$750
Other Expenses-$15-$15
Total Functional Expenses$65,885$7,420$910$74,215
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The treasurer and chair of the board review the form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The organization requires each officer and director to review the conflict of interest policy on an annual basis and disclose whether or not a conflict of interest exists.

Form 990, Part VI, Section C, Line 19

The organization's conflict of interest policy and governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Knights Trust Inc
EIN
06-1416549
Phone
2034984307
Address
CO C KINGSLEY 265 CHURCH ST, NEW HAVEN, CT 06508-1832

Signing Officer

Name
Valerie Westcott
Title
Treasurer
Phone
9175626036
Signed
2024-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Croom
Formed
1994
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
T M Byxbee Company Pc
Address
P O BOX 187169, HAMDEN, CT 06518
Preparer
Chris Nickse CPA
Phone
2032814933
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IRS990/MissionDesc0OUR MISSION IS TO PROVIDE A FRAMEWORK AND ATMOSPHERE OF TRUST THAT WILL ALLOW ITS MEMBERS TO DISCOVER A DEEPENED SENSE OF SELF, TO BETTER UNDERSTAND THEIR OWN CORE VALUES WITH AN APPRECIATION FOR THE VALUES OF OTHERS, AND TO ENCOURAGE THE DEVELOPMENT OF LASTING INTERPERSONAL RELATIONSHIPS THROUGH THE SHARING OF LIFE EXPERIENCES AND THE EXPLORATION OF DIVERSE IDEAS.
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02685
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075009
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt058183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt066013
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt067218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0343150
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020946
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010342
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09022
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt058398
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02685
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76250
IRS990ScheduleA/PublicSupportPY170Pct00.76410
IRS990ScheduleA/PublicSupportTotal170Amt0306196
IRS990ScheduleA/SubstantialContributorsTotAmt036954
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075009
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt058183
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt066013
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076727
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt067218
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0343150
IRS990ScheduleA/TotalSupportAmt0401548
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0474090
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0474090
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0280947
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0290371
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09424
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0323055
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0280947
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-42108
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0262337
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02416
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0323055
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058302
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0261212
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt07916
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0262337
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1791
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0267532
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02621
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0261212
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016059
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt025000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0187329
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0187329
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0661419
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER AND CHAIR OF THE BOARD REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES EACH OFFICER AND DIRECTOR TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND DISCLOSE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0970362
IRS990/TotalAssetsEOYAmt0987838
IRS990/TotalAssetsGrp/BOYAmt0970362
IRS990/TotalAssetsGrp/EOYAmt0987838
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt075009
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0910
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07420
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065885
IRS990/TotalFunctionalExpensesGrp/TotalAmt074215
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0970362
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0987838
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt065885
IRS990/TotalProgramServiceRevenueAmt02685
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020946
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02685
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt098640
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0970362
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0987838
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O C KINGSLEY 265 CHURCH ST
IRS990/USAddress/CityNm0NEW HAVEN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd0065081832
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.08$0.06$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.07$0.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.10$0.07$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.07$0.05$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.07$0.07$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.09$0.06$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.08$0.10$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.08$0.07$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.08$0.07$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.08$0.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.09$0.08$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.07$0.06$0.01
2013Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.08$0.07$0.01
2012Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.08$0.07$0.01
2011Summary only. Only limited summary data is available for this year.$0.85$0.00$0.85$0.07$0.08$0.01