Knight-light Charities Incorporated is a 501(c)(3) organization based in Flower Mound, Texas, registered in 2007, with $18,656 in FY2013 revenue. CharityIndex grades it C+.
Revenue (FY2013)
$19K
▲ 12.5% vs prior year
Philanthropy median: $168K
Expenses (FY2013)
$13K
Net assets
$40K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Knight-light Charities Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Knight-light Charities Incorporated: 36 mo reserves · +29% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Knight-light Charities Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Knight-light Charities Incorporated: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $36K (FY2011) to $19K (FY2013) across 3 reported years.
Financial snapshot
Operating margin
28.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40K
Total liabilities
$0
Net assets
$40K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2013 | $18,656▲12.5% | $13,317▲47.7% | $40,324▲15.3% | $40,324▲15.3% | 990EZ |
| 2012 | $16,582▼54.1% | $9,019▼59.0% | $34,977▲27.6% | $34,977▲27.6% | 990EZ |
| 2011 | $36,137 | $22,019 | $27,414 | $27,414 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
1 grant to Knight-light Charities Incorporated totaling $6,387, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Communities Foundation of Texas | This grant is designated for general support. | 2019 | $6,387 |
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Data for Knight-light Charities Incorporated (EIN 20-5847487) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.