NonprofitsKnothole Foundation Inc

Recreation & Sports

Knothole Foundation Inc

CHARLOTTE, NC

Total revenue

$1.2M

Total expenses

$1.1M

Net assets

$4.1M

Grants received

$1.5M

32 grants

EIN

824726399

Tax year

2024

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.

Programs

1 program

Programming continued to scale significantly as the number of youth playing affiliated on teams increased as did the number of youth introduced to baseball (1,700), many for the first time, through camps and clinics conducted at the dream fields and in community. Key events were also planned and executed (i.e. 5th annual hbcu camp/showcase; 3rd annual westside story spring break tournament; national night out in partnership with cmpd; back to school event). Education continued to be imbedded in the fabric of baseball-themed activities (as measured by of reading hours; % players engaged in reading). Affordable access continued to be an area of focus with most activities delivered at no cost to participants and over 90% subsidized for player participation on teams.

Expenses: $466K

Financials

FY 2024

Revenue

Contributions & grants$627K
Program service revenue$538K
Investment income$23
Other revenue$33K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$376K
Fundraising$43K
Other expenses$690K
Total expenses$1.1M
Total assets$6.4M
Net assets$4.1M

People

9 listed

NameRoleCompensation

MORRIS MADDEN

SECRETARY

Board

$30K

15 hrs/wk

JEFF SCHAEFFER

OFFICER

Board

$30K

20 hrs/wk

PATRICK BAKER

BOARD MEMBER

Board

1 hrs/wk

ALAN BARNES

TREASURER

Board

20 hrs/wk

JEFF BOSE

BOARD MEMBER

Board

1 hrs/wk

TASHIA COE

EXECUTIVE CO

Board

2 hrs/wk

HAROLD GRIER

BOARD MEMBER

Board

1 hrs/wk

TJ LEWIS

EXECUTIVE CO

Board

2 hrs/wk

HAROLD LLOYD

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 32 of 32

FromAmountPurposeYear
$100K
Promote baseball in underserved communities
2024
$75K
CHARITABLE GIFT
2024
$75K
SPORTS AND RECREATION
2024
$25K
1 grant(s) for varying purposes
2024
$100K
Promote baseball in underserved communities
2023
$30K
GENERAL SUPPORT
2023
$25K
1 grant(s) for varying purposes
2023
$25K
ADVANCING MOBILITY THRU GENDER EQUITY
2023
$10K
CHARITABLE GIFT
2023
$3K
PROMOTE AMATEUR ATHLETICS IN NC
2023
$100K
PROMOTE BASEBALL IN UNDERSERVED COMMUNITIES
2022
$25K
COMMUNITY DEVELOPMENT
2022
$20K
JUSTICE, EQUITY, & INCLUSION
2022
$20K
CHARITABLE GIFT
2022
$10K
OPERATIONAL SUPPORT
2022
$10K
YOUTH ACCESS & DIVERSITY IN BASEBALL
2022
$10K
RICHARD "STICK" WILLIAMS DREAM FIELDS AND EDUCATION CENTER
2022
$5K
General Operations
2022
$30K
PUBLIC, SOCIETAL BENEFIT
2021
$15K
Tuckaseegee Dream Fields and Education Center
2021
$129K
PROMOTE BASEBALL IN UNDERSERVED COMMUNITIES
2020
$50K
GENERAL OPERATING
2020
$32K
FURTHER EXEMPT PURPOSE
2020
$25K
GENERAL SUPPORT
2020
$3K
Tuckaseegee Dream Fields Project
2020
$10K
BUILDING THE TUCKASEEGEE DREAM FIELDS
2019
$10K
BUILDING THE TUCKASEEGEE DREAM FIELDS
2019

Funded by

$1.5M from 19 funders · 32 grants · 2019–2024

Natl Christian Charitable Fdn Inc

$565K · 3 grants · 2022–2024

Bill and Sharon Allen Family Foundation

$429K · 4 grants · 2020–2024

Foundation For The Carolinas

$105K · 3 grants · 2022–2024

Dunspaugh Dalton Foundation Inc

$55K · 2 grants · 2020–2023

Collier Community Foundation Inc

$50K · 3 grants · 2019–2021

Truist Foundation Inc

$50K · 1 grant · 2020

The Winston-Salem Foundation

$50K · 2 grants · 2023–2024

Td Charitable Foundation

$35K · 2 grants · 2022–2023

Details

EIN824726399
NTEE codeN63
Subsection03
Ruling date2018-12
Formed2018
Employees2
Volunteers8
KNOTHOLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo