Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Knights Initiative Inc
EIN 47-3975502 • 501(c)3 • Atlanta, GA
Profile
Provide support to a broad range of charitable organizations that support persons in need, the poor, the hungry, and homeless in the atlanta area.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Balance Sheet
Assets
Up$1,093,658
Up $71,499 (+7.0%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$1,093,658
Up $71,499 (+7.0%) from 2023
Revenue
Up$109,111
Up $25,850 (+31%) from 2023
Expenses
Down$59,225
Down $46,376 (-44%) from 2023
Net Income
Up$49,886
Up $72,226 (+323%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,093,658
- Liabilities
- $0
- Net assets
- $1,093,658
- Revenue
- $109,111
- Expenses
- $59,225
- Net income
- $49,886
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 5, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $241,465
Mission and Program Overview
Mission
Provide support to a broad range of charitable organizations that support persons in need, the poor, the hungry, and homeless in the atlanta area.
Provide support to a broad range of charitable organizations that support persons in need in atlanta.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $1,015,139 | $1,075,273 | ▲ $60,134 |
| Cash and Non-Interest-Bearing Accounts | $7,020 | $18,385 | ▲ $11,365 |
| Total Assets | $1,022,159 | $1,093,658 | ▲ $71,499 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,022,159 | $1,093,658 | ▲ $71,499 |
| Total Net Assets Fund Balance | $1,022,159 | $1,093,658 | ▲ $71,499 |
| Total Liabilities and Net Assets / Fund Balance | $1,022,159 | $1,093,658 | ▲ $71,499 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $21,613 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Dan Quinn | President |
| Bob Schultz | Director |
| Gordon Calley | Director |
| John Horton | Director |
| Martin Maguire | Director |
| Michael Moors | Director |
| Mike Vonck | Secretary |
| Ken Prevost | Treasurer |
| Nick Henner | Vice Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $19,629
- Program Service Revenue
- $0
- Investment Income
- $89,482
- Other Revenue
- $0
- All Other Contributions
- $19,629
- Change in Net Assets
- $49,886
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $40,798 |
| Other Expenses | $18,427 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $34,691 | - | - | $34,691 |
| Grants to Domestic Individuals | $6,107 | - | - | $6,107 |
| Office Expenses | - | $1,911 | - | $1,911 |
| Fees for Services Accounting | - | $1,525 | - | $1,525 |
| Other Expenses | $13,559 | $959 | - | $959 |
| Insurance | - | $473 | - | $473 |
| Total Functional Expenses | $54,357 | $4,868 | $0 | $59,225 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Cathedral of Christ the King | Atlanta, GA | 3 | Program | $10,000 |
| Christ the King School | Atlanta, GA | 3 | Program | $7,500 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- Yes
- Other officer compensation reviewed
- Yes
- 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, Page 6, Part VI, Line 11B
“Form 990 is prepared by an independent cpa and reviewed by the organization's top management prior to review by the board of directors. The return is filed with the irs upon board approval.”
Form 990, Page 6, Part VI, Line 12C
“Board of directors reviews potential conflicts of interests and signs the policy annually to ensure policy enforcement.”
Form 990, Page 6, Part VI, Line 15A
“The organization is volunteer-based and does not compensate its officers and/or directors.”
Form 990, Page 6, Part VI, Line 15B
“The organization is volunteer-based and does not compensate its officers and/or directors.”
Form 990, Page 6, Part VI, Line 19
“Governing documents are provided upon written request. In addition, please visit our website at www.theknightsinitiative.org for more information.”
Filing and Contact Details
Filer
- Filer Name
- The Knights Initiative Inc
- EIN
- 47-3975502
- Phone
- 4049535104
- Address
- 2625 PIEDMONT ROAD SUITE 56-229, ATLANTA, GA 30324
- Doing Business As
- Atlanta Cba Endowment Inc
Signing Officer
- Name
- Ken Prevost
- Title
- Treasurer
- Phone
- 7709620634
- Signed
- 2025-05-05
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Dan Quinn
- Formed
- 2015
- Legal Domicile
- Ga
- Voting Board Members
- 9
- Independent Board Members
- 9
- Employees
- 0
- Volunteers
- 200
Preparer
- Firm
- Accountants Resource LLC
- Address
- 3372 PEACHTREE ROAD NE STE 115, ATLANTA, GA 30326
- Preparer
- Robert L Whitehurst
- Phone
- 8882723683
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4D
“Ignatius house 5000 this grant represents our third annual payment to be applied against a 5 year commitment of 25,000 to assist in the operation of retreats for underpriviledged individuals. Coats for kids 3691 this program provides coats to organizations such as mercy care atlanta and threads (a ministry of all saints episcopal church in atlanta. St peter claver regional catholic school 3500 this grant was provided in support of st peter claver's mission to cultivate an environment that prepares students to learn, lead, inspire, and serve in local and global communities through catholic teachings rooted in the gospel of jesus christ, rigorous academics, and spiritual formation. Pregnancy aid clinic 2500 this grant was provided to assist in the care and counseling of women dealing with unplanned pregnancies. Nicholas house 2000 this grant was provided in support of nicholas house's mission to assist homeless families in making the transition from homelessness to self- sufficiency in a structured but home-like environment. Quest atlanta radio 500 this grant was provided to support quest radio in their effort to invite, inform, and inspire listeners to embrace their journey of faith.”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | IGNATIUS HOUSE 5000 THIS GRANT REPRESENTS OUR THIRD ANNUAL PAYMENT TO BE APPLIED AGAINST A 5 YEAR COMMITMENT OF 25,000 TO ASSIST IN THE OPERATION OF RETREATS FOR UNDERPRIVILEDGED INDIVIDUALS. COATS FOR KIDS 3691 THIS PROGRAM PROVIDES COATS TO ORGANIZATIONS SUCH AS MERCY CARE ATLANTA AND THREADS (A MINISTRY OF ALL SAINTS EPISCOPAL CHURCH IN ATLANTA. ST PETER CLAVER REGIONAL CATHOLIC SCHOOL 3500 THIS GRANT WAS PROVIDED IN SUPPORT OF ST PETER CLAVER'S MISSION TO CULTIVATE AN ENVIRONMENT THAT PREPARES STUDENTS TO LEARN, LEAD, INSPIRE, AND SERVE IN LOCAL AND GLOBAL COMMUNITIES THROUGH CATHOLIC TEACHINGS ROOTED IN THE GOSPEL OF JESUS CHRIST, RIGOROUS ACADEMICS, AND SPIRITUAL FORMATION. PREGNANCY AID CLINIC 2500 THIS GRANT WAS PROVIDED TO ASSIST IN THE CARE AND COUNSELING OF WOMEN DEALING WITH UNPLANNED PREGNANCIES. NICHOLAS HOUSE 2000 THIS GRANT WAS PROVIDED IN SUPPORT OF NICHOLAS HOUSE'S MISSION TO ASSIST HOMELESS FAMILIES IN MAKING THE TRANSITION FROM HOMELESSNESS TO SELF- SUFFICIENCY IN A STRUCTURED BUT HOME-LIKE ENVIRONMENT. QUEST ATLANTA RADIO 500 THIS GRANT WAS PROVIDED TO SUPPORT QUEST RADIO IN THEIR EFFORT TO INVITE, INFORM, AND INSPIRE LISTENERS TO EMBRACE THEIR JOURNEY OF FAITH. |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD OF DIRECTORS VOTE AND APPROVE THE GRANT AMOUNT TO BE DISTRIBUTED TO EACH 501(C)3 QUALIFIED ORGANIZATION ANNUALLY. THE VOTE AND GRANT AMOUNT IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IGNATIUS HOUSE 5000 THIS GRANT REPRESENTS OUR THIRD ANNUAL PAYMENT TO BE APPLIED AGAINST A 5 YEAR COMMITMENT OF 25,000 TO ASSIST IN THE OPERATION OF RETREATS FOR UNDERPRIVILEDGED INDIVIDUALS. COATS FOR KIDS 3691 THIS PROGRAM PROVIDES COATS TO ORGANIZATIONS SUCH AS MERCY CARE ATLANTA AND THREADS (A MINISTRY OF ALL SAINTS EPISCOPAL CHURCH IN ATLANTA. ST PETER CLAVER REGIONAL CATHOLIC SCHOOL 3500 THIS GRANT WAS PROVIDED IN SUPPORT OF ST PETER CLAVER'S MISSION TO CULTIVATE AN ENVIRONMENT THAT PREPARES STUDENTS TO LEARN, LEAD, INSPIRE, AND SERVE IN LOCAL AND GLOBAL COMMUNITIES THROUGH CATHOLIC TEACHINGS ROOTED IN THE GOSPEL OF JESUS CHRIST, RIGOROUS ACADEMICS, AND SPIRITUAL FORMATION. PREGNANCY AID CLINIC 2500 THIS GRANT WAS PROVIDED TO ASSIST IN THE CARE AND COUNSELING OF WOMEN DEALING WITH UNPLANNED PREGNANCIES. NICHOLAS HOUSE 2000 THIS GRANT WAS PROVIDED IN SUPPORT OF NICHOLAS HOUSE'S MISSION TO ASSIST HOMELESS FAMILIES IN MAKING THE TRANSITION FROM HOMELESSNESS TO SELF- SUFFICIENCY IN A STRUCTURED BUT HOME-LIKE ENVIRONMENT. QUEST ATLANTA RADIO 500 THIS GRANT WAS PROVIDED TO SUPPORT QUEST RADIO IN THEIR EFFORT TO INVITE, INFORM, AND INSPIRE LISTENERS TO EMBRACE THEIR JOURNEY OF FAITH. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990 IS PREPARED BY AN INDEPENDENT CPA AND REVIEWED BY THE ORGANIZATION'S TOP MANAGEMENT PRIOR TO REVIEW BY THE BOARD OF DIRECTORS. THE RETURN IS FILED WITH THE IRS UPON BOARD APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BOARD OF DIRECTORS REVIEWS POTENTIAL CONFLICTS OF INTERESTS AND SIGNS THE POLICY ANNUALLY TO ENSURE POLICY ENFORCEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION IS VOLUNTEER-BASED AND DOES NOT COMPENSATE ITS OFFICERS AND/OR DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION IS VOLUNTEER-BASED AND DOES NOT COMPENSATE ITS OFFICERS AND/OR DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS ARE PROVIDED UPON WRITTEN REQUEST. IN ADDITION, PLEASE VISIT OUR WEBSITE AT WWW.THEKNIGHTSINITIATIVE.ORG FOR MORE INFORMATION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBERT L WHITEHURST |
| ReturnHeader/ReturnTs | 0 | 2025-05-19T10:44:43-04:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
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