Civic Intelligence

Knothole Foundation Knothole Foundation

990 • Fiscal year 2021 • EIN 82-4726399

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 21, 2022

Organization ProfileWWW.KNOTHOLECAROLINAS.ORG
7531 Tuckaseegee RoadCharlotte, NC 28214

(704) 904-8715

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.36x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.90x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

89th percentile

58%

Higher net margin than 89% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

26th percentile

$39,988

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

56th percentile

12%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

42%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$5,600,052

Up $592,184 (+12%) from 2020

Net Assets

Up

$3,589,098

Up $612,718 (+21%) from 2020

Liabilities

Down

$2,010,954

Down $20,534 (-1.0%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin89th percentile

Revenue

Up

$1,057,411

Up $312,122 (+42%) from 2020

Expenses

Up

$444,693

Up $207,761 (+88%) from 2020

Net Income

Up

$612,718

Up $104,361 (+21%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $582,715Liabilities 2018: $0Net Assets 2018: $582,7152018Assets 2019: $4,074,865Liabilities 2019: $1,643,929Net Assets 2019: $2,430,9362019Assets 2020: $5,007,868Liabilities 2020: $2,031,488Net Assets 2020: $2,976,3802020Assets 2021: $5,600,052Liabilities 2021: $2,010,954Net Assets 2021: $3,589,0982021Assets 2022: $5,718,511Liabilities 2022: $1,938,659Net Assets 2022: $3,779,8522022Assets 2023: $6,530,822Liabilities 2023: $2,530,552Net Assets 2023: $4,000,2702023Assets 2024: $6,398,033Liabilities 2024: $2,265,440Net Assets 2024: $4,132,5932024Assets 2025: $6,772,766Liabilities 2025: $2,190,447Net Assets 2025: $4,582,3192025

Highlighted filing

2021

Assets$5,600,052
Liabilities$2,010,954
Net Assets$3,589,098
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $141,100Expenses 2018: $385Net Income 2018: $140,7152018Revenue 2019: $367,717Expenses 2019: $1,936,802Net Income 2019: -$1,569,0852019Revenue 2020: $745,289Expenses 2020: $236,932Net Income 2020: $508,3572020Revenue 2021: $1,057,411Expenses 2021: $444,693Net Income 2021: $612,7182021Revenue 2022: $870,455Expenses 2022: $708,788Net Income 2022: $161,6672022Revenue 2023: $1,144,364Expenses 2023: $923,946Net Income 2023: $220,4182023Revenue 2024: $1,198,252Expenses 2024: $1,065,929Net Income 2024: $132,3232024Revenue 2025: $998,496Expenses 2025: $548,770Net Income 2025: $449,7262025

Highlighted filing

2021

Revenue$1,057,411
Expenses$444,693
Net Income$612,718
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 21, 2022
Return Version
2021v4.0
Gross Receipts
$1,146,730
Mission and Program Overview

Mission

Knothole's mission is to promote the sport of baseball in underserved communities and to create life opportunities for underserved youth by providing access to facilities, education, health and wellness protocols.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,452,765$5,031,496▲ $578,731
Pledges and Grants Receivable$410,400$410,400→ $0
Cash and Non-Interest-Bearing Accounts$114,703$128,156▲ $13,453
Total Assets$5,007,868$5,600,052▲ $592,184
Other Assets Total$30,000$30,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,031,488$2,010,954▼ $20,534
Total Liabilities$2,031,488$2,010,954▼ $20,534
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,976,380$3,589,098▲ $612,718
Total Net Assets Fund Balance$2,976,380$3,589,098▲ $612,718
Total Liabilities and Net Assets / Fund Balance$5,007,868$5,600,052▲ $592,184

Asset Categories

AssetBook ValueDepreciationBasis
Land$443,000-$443,000
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Morris MaddenSecretaryPT$39,988$39,988

Board Members and Trustees

NameTitle
Jeff SchaefferOfficer
Alan BarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$957,158
Program Service Revenue
$105,698
Investment Income
$0
Other Revenue
$-5,445
All Other Contributions
$957,158
Change in Net Assets
$612,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$444,693
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$163,017--$163,017
Fees for Services Other$139,809$14,242-$154,051
Interest$59,146--$59,146
Other Expenses$24,403--$24,403
Information Technology$5,782$5,783-$11,565
Office Expenses-$10,381-$10,381
Insurance$3,856$3,857-$7,713
Advertising$3,059$3,059-$6,118
Fees for Services Accounting$2,241$2,241-$4,482
Payment Travel Entrtnmnt Publicly Ofcl$1,908$1,909-$3,817
Total Functional Expenses$403,221$41,472$0$444,693
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
Backup withholding compliance
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
No
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

“990 is reviewed by treasurer and board before filing”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Knothole Foundation Inc
EIN
82-4726399
Address
7531 TUCKASEEGEE ROAD, CHARLOTTE, NC 28214

Signing Officer

Name
Alan Barnes
Title
Treasurer
Phone
7049048715
Signed
2022-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Schaeffer
Formed
2018
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Welker Mojsej & Delvecchio Cpas LLC
Address
1200 JEFFERSON RD STE 300, ROCHESTER, NY 14623-3158
Preparer
Anthony Delvecchio CPA
Phone
5852921041
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Knothole's mission is to promote the sport of baseball in underserved communities and to create life opportunities for underserved youth by providing access to facilities, education, health and wellness protocols.”

Form 990, Page 2, Part III, Line 4D

“Completed construction of field which is utilized to pursue organizations mission”

Form 990, Part IX, Line 11G

“Labor services 77,380 0 0 utilities 35,648 11,883 0 field repairs 24,422 0 0 supplies 2,359 2,359 0 total 139,809 14,242 0”

Raw XML Appendix370 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KNOTHOLE'S MISSION IS TO PROMOTE THE SPORT OF BASEBALL IN UNDERSERVED COMMUNITIES AND TO CREATE LIFE OPPORTUNITIES FOR UNDERSERVED YOUTH BY PROVIDING ACCESS TO FACILITIES, EDUCATION, HEALTH AND WELLNESS PROTOCOLS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03059
IRS990/AdvertisingGrp/ProgramServicesAmt03059
IRS990/AdvertisingGrp/TotalAmt06118
IRS990/AllOtherContributionsAmt0957158
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KNOTHOLE FOUNDATION
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0KNOTHOLE FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum07049048715
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03309 LAKESIDE DRIVE
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt03309 LAKESIDE DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028270
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0114703
IRS990/CashNonInterestBearingGrp/EOYAmt0128156
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0957158
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0444693
IRS990/CYOtherRevenueAmt0-5445
IRS990/CYProgramServiceRevenueAmt0105698
IRS990/CYRevenuesLessExpensesAmt0612718
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0444693
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01057411
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0163017
IRS990/DepreciationDepletionGrp/TotalAmt0163017
IRS990/Desc0IN 2021 WE SUBSTANTIALLY COMPLETED THE DEVELOPMENT OF THE FIELD COMPLEX (INCLUDING ALL 3 PAYING FIELDS) AND THE LOCKER/COMMUNITY ROOM THAT COMPLIMENT THE EDUCATION CENTER AND STADIUM COMPLEX THAT WERE BROUGHT LIVE IN 2020. THIS HAS PROVIDED THE FOUNDATION FOR FULLY SERVING THE COMMUNITY AND RELATED MISSION OF INCREASING DIVERSITY AND ACCESS FOR YOUTH BASEBALL. HUNDREDS OF YOUTH ARE PARTICIPATING ON TEAMS AND AFFORDED THE BENEFIT OF TEAM SPORTS, ALONG WITH THE WRAP - AROUND SUPPORT FOR EDUCATION AND LIFE SKILLS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt059146
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02241
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt02241
IRS990/FeesForServicesAccountingGrp/TotalAmt04482
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014242
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0139809
IRS990/FeesForServicesOtherGrp/TotalAmt0154051
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt07.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0MORRIS MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ALAN BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF SCHAEFFER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt039988
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2OFFICER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01146730
IRS990/GrossRentsGrp/RealAmt064625
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05783
IRS990/InformationTechnologyGrp/ProgramServicesAmt05782
IRS990/InformationTechnologyGrp/TotalAmt011565
IRS990/InsuranceGrp/ManagementAndGeneralAmt03857
IRS990/InsuranceGrp/ProgramServicesAmt03856
IRS990/InsuranceGrp/TotalAmt07713
IRS990/InterestGrp/ProgramServicesAmt059146
IRS990/InterestGrp/TotalAmt059146
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0413110
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04452765
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05031496
IRS990/LandBldgEquipCostOrOtherBssAmt05444606
IRS990/LegalDomicileStateCd0NC
IRS990/LessRentalExpensesGrp/RealAmt089319
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KNOTHOLE'S MISSION IS TO PROMOTE THE SPORT OF BASEBALL IN UNDERSERVED COMMUNITIES AND TO CREATE LIFE OPPORTUNITIES FOR UNDERSERVED YOUTH BY PROVIDING ACCESS TO FACILITIES, EDUCATION, HEALTH AND WELLNESS PROTOCOLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02031488
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02010954
IRS990/NetAssetsOrFundBalancesBOYAmt02976380
IRS990/NetAssetsOrFundBalancesEOYAmt03589098
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-24694
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-24694
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02976380
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03589098
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010381
IRS990/OfficeExpensesGrp/TotalAmt010381
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030000
IRS990/OtherAssetsTotalGrp/EOYAmt030000
IRS990/OtherExpensesGrp/Desc0SHOWCASE EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt024403
IRS990/OtherExpensesGrp/TotalAmt024403
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019249
IRS990/OtherRevenueTotalAmt019249
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0410400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0410400
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFF SCHAEFFER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CAMP/SHOWCASE EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0105698
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0105698
IRS990/ProgSrvcAccomActy2Grp/Desc02021 ALSO REPRESENTED THE FIRST FULL YEAR THAT WAS LARGELY UNAFFECTED BY COVID, ALLOWING PROGRAMMING TO SCALE SIGNIFICANTLY FROM 2019/2020. IN ADDITION TO PLAYING AFFILIATED ON TEAM AND KEY EVENTS (I.E. 2ND ANNUAL HBCU CAMP/SHOWCASE) A LARGE NUMBER (500+) OF YOUTH WERE INTRODUCED TO BASEBALL, MANY FOR THE FIRST TIME THROUGH CAMPS AND CLINIC CONDUCTED AT THE TUCKASEEGEE DREAM FIELDD AND IN COMMUNITIES. KEY METRICS OF PARTICIPATION (NUMBER OF PLAYERS ON TEAMS AND CLINICS, DEMOGRAPHIC MAKEUP), EDUCATION (READING HOURS, PARENT ENGAGEMENT, CAREER PATHWAYS) AND OPERATIONS (PARTICIPATION SCHOLARSHIP SUPPORT, COST PER PARTICIPANT HOUR OF PROGRAMMING) ALL TRENDED POSITIVELY.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMPLETED CONSTRUCTION OF FIELD WHICH IS UTILIZED TO PURSUE ORGANIZATIONS MISSION
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0344075
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0662244
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt01909
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt01908
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt03817
IRS990/PYOtherExpensesAmt0236932
IRS990/PYOtherRevenueAmt07458
IRS990/PYProgramServiceRevenueAmt075587
IRS990/PYRevenuesLessExpensesAmt0508357
IRS990/PYTotalExpensesAmt0236932
IRS990/PYTotalRevenueAmt0745289
IRS990/ReconcilationRevenueExpnssAmt0612718
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-24694
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0957158
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0662244
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0367716
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0140100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02127218
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0124947
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt075587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0200534
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt017500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt017500
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02345252
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01082105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0755331
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0367716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0140100
IRS990ScheduleA/Total509Grp/TotalAmt02345252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01082105
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0755331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0367716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0140100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02345252
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/ScheduleBRequiredInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0443000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0443000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0443000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KNOTHOLE'S MISSION IS TO PROMOTE THE SPORT OF BASEBALL IN UNDERSERVED COMMUNITIES AND TO CREATE LIFE OPPORTUNITIES FOR UNDERSERVED YOUTH BY PROVIDING ACCESS TO FACILITIES, EDUCATION, HEALTH AND WELLNESS PROTOCOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLETED CONSTRUCTION OF FIELD WHICH IS UTILIZED TO PURSUE ORGANIZATIONS MISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 IS REVIEWED BY TREASURER AND BOARD BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LABOR SERVICES 77,380 0 0 UTILITIES 35,648 11,883 0 FIELD REPAIRS 24,422 0 0 SUPPLIES 2,359 2,359 0 TOTAL 139,809 14,242 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0U DESERVE A CHANCE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CAROLINAS METRO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0455434927
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1273569966
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BASEBALL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1BASEBALL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0225 OLYMPIC DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt13303 VALERIE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028273
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd128216
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05007868
IRS990/TotalAssetsEOYAmt05600052
IRS990/TotalAssetsGrp/BOYAmt05007868
IRS990/TotalAssetsGrp/EOYAmt05600052
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0957158
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041472
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403221
IRS990/TotalFunctionalExpensesGrp/TotalAmt0444693
IRS990/TotalGrossUBIAmt0-24694
IRS990/TotalLiabilitiesBOYAmt02031488
IRS990/TotalLiabilitiesEOYAmt02010954
IRS990/TotalLiabilitiesGrp/BOYAmt02031488
IRS990/TotalLiabilitiesGrp/EOYAmt02010954
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02976380
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03589098
IRS990/TotalOtherProgSrvcExpenseAmt0344075
IRS990/TotalProgramServiceExpensesAmt0403221
IRS990/TotalProgramServiceRevenueAmt0105698
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0124947
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01057411
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-24694
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05007868
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05600052
IRS990/TotReportableCompRltdOrgAmt039988
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt02110 WOODBEND TRAIL
IRS990/USAddress/CityNm0FORT MILL
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029708
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0HTTP://WWW.KNOTHOLECAROLINAS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAN BARNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07049048715
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KNOTHOLE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KNOT
ReturnHeader/Filer/EIN0824726399
ReturnHeader/Filer/USAddress/AddressLine1Txt07531 TUCKASEEGEE ROAD
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028214
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472504571
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WELKER MOJSEJ & DELVECCHIO CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01200 JEFFERSON RD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0146233158
ReturnHeader/PreparerPersonGrp/PhoneNum05852921041
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY DELVECCHIO CPA
ReturnHeader/ReturnTs02022-06-21T07:15:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARNES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,600,052
Liabilities
$2,010,954
Net assets
$3,589,098
Revenue
$1,057,411
Expenses
$444,693
Net income
$612,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.77$2.19$4.58$1.00$0.55$0.45
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.40$2.27$4.13$1.20$1.07$0.13
2023Detailed filing. Detailed filing data is available for this year.$6.53$2.53$4.00$1.14$0.92$0.22
2022Detailed filing. Detailed filing data is available for this year.$5.72$1.94$3.78$0.87$0.71$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.60$2.01$3.59$1.06$0.44$0.61
2020Detailed filing. Detailed filing data is available for this year.$5.01$2.03$2.98$0.75$0.24$0.51
2019Summary only. Only limited summary data is available for this year.$4.07$1.64$2.43$0.37$1.94$1.57
2018Summary only. Only limited summary data is available for this year.$0.58$0.00$0.58$0.14$0.00$0.14