Skip to main content

Nonprofit · EIN 83-1562312

QUAD CITY AREA KNIGHTS INC

Tax-exempt (reinstated) · BLUE GRASS, IA 52726

Financials

$309K$274K2023$234K$215K2024
Revenue Expenses · by fiscal year end
Financials of QUAD CITY AREA KNIGHTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$233,612$215,066$18,546$118,130$0$118,130
December 31, 2023990$308,943$273,651$35,292$99,584$0$99,584
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$233,612
Membership dues
$177,200
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$765
Program services (functional)
$168,715
Management and general (functional)
$2,940
Fundraising (functional)
$43,411

Balance sheet and other

Total assets, start of year
$99,584
Total assets, end of year
$118,130
Total liabilities, end of year
$0
Net assets, end of year
$118,130
Net assets without donor restrictions
$118,130
Gross receipts
$233,612
Employees
0
Year formed
2018
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Matt MausserDirector
Trustee or director
0$0
Pamela DouglasSecretary
Trustee or director
0$0
Larry Thumann IIIPresident
Officer
0$0
Michael KanerTreasurer
Officer
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Matt MausserDirector
Trustee or director
0$0
Pamela DouglasSecretary
Trustee or director
0$0
Larry Thumann IIIPresident
Officer
0$0
Michael KanerTreasurer
Officer
0$0

Address and contacts

Address (IRS master file)
PO BOX 416, BLUE GRASS, IA 52726-0416
Mailing address (990-N for 2018)
5505 Victoria Avenue, Davenport IA 52807
Principal officer (990 for 2024)
Larry Thumann III, PO Box 416, Blue Grass, IA 52726
Principal officer (990-N for 2018)
Craig Grobstich, 5505 Victoria Avenue 100, Davenport IA 52807
Signed the 990
Larry Thumann III, President
Phone
(847) 409-7456
Return prepared by
Reiser Jennings & Co PC

Mission

MISSION The Quad City Area Knights establishes an environment where an athletes drive for excellence and achievement will propel them to compete at the highest standard on the field, and allow them to deploy those same values; which are intrinsic to accomplishing success in society.

990 for the year ended December 31, 2024

Program accomplishments

  • What started as one youth baseball team has evolved into over 13 teams for youth athletes ages 7-14.The Knights Organization has proudly cheered on their teams through multiple championship wins, state titles, and world series victories.The Quad City Area Knights leadership team is composed of multiple talented individuals with extensive knowledge and experience in baseball.Teams range from ages 7U-14U with multiple teams for each age division including A, AAA, and Major Teams.
    Expenses $168,715 · revenue $233,612

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-1562312
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$118,130
Income (IRS master file)
$233,612

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$233,612$215,066$118,130XML
990December 2023$308,943$273,651$99,584XML
990-N for 2018
Officer: Craig Grobstich
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-1562312).

Questions about QUAD CITY AREA KNIGHTS INC

What is the EIN of QUAD CITY AREA KNIGHTS INC?
The employer identification number (EIN) of QUAD CITY AREA KNIGHTS INC is 83-1562312.
Is QUAD CITY AREA KNIGHTS INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to QUAD CITY AREA KNIGHTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does QUAD CITY AREA KNIGHTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of QUAD CITY AREA KNIGHTS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did QUAD CITY AREA KNIGHTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of QUAD CITY AREA KNIGHTS INC?
The 990 for the year ended December 31, 2024 names Larry Thumann III.
Who are the officers and directors of QUAD CITY AREA KNIGHTS INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does QUAD CITY AREA KNIGHTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $233,612, expenses of $215,066 and total assets of $118,130 at year end.

Other nonprofits in BLUE GRASS

All nonprofits in BLUE GRASS · Iowa · Youth development