Nonprofit · EIN 27-6566394
KNIGHT IMPACT PARTNERS
Also known as LESTER B KNIGHT TTEE
Tax-exempt · LAKE FOREST, IL 60045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,227,674 | $5,287,083 | -$3,059,409 | $23,953,618 | $0 | $23,953,618 |
| December 31, 2023 | 990-PF | $13,446,174 | $785,546 | $12,660,628 | $27,013,027 | $0 | $27,013,027 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $1,117,548
- Interest
- $5
- Net gain from sales of assets
- $1,035,823
- Other income
- $74,298
Expenses
- Grants and similar amounts paid
- $5,072,149
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $5,072,149
- Excise tax on investment income
- $27,956
Balance sheet and other
- Total assets, start of year
- $27,013,027
- Total assets, end of year
- $23,953,618
- Total liabilities, end of year
- $0
- Net assets, end of year
- $23,953,618
- Fair market value of assets
- $34,968,249
- Qualifying distributions
- $5,072,149
- Net investment income
- $2,153,376
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REBECCA W KNIGHT 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | TRUSTEE | 30 | $0 |
| LESTER B KNIGHT 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | TRUSTEE | 20 | $0 |
| SOL A FLORES 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | CEO | 40 | $0 |
| CHRISTOPHER T CHILDS 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | CFO | 10 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REBECCA W KNIGHT 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | TRUSTEE | 30 | $0 |
| LESTER B KNIGHT 272 E DEERPATH RD STE 236, LAKE FOREST, IL 60045 | TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 272 E DEERPATH RD 236, LAKE FOREST, IL 60045-1981
- In care of
- % RLK PARTNERS LLC
- Signed the 990-PF
- REBECCA W KNIGHT, TRUSTEE
- Phone
- (847) 283-7810
- Return prepared by
- CERITY PARTNERS
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 27-6566394
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Recreation and sports (N64)
- Assets (IRS master file)
- $23,953,618
- Income (IRS master file)
- $6,376,311
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,227,674 | $5,287,083 | $23,953,618 | IRS |
| 990-PF | December 2023 | $13,446,174 | $785,546 | $27,013,027 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
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 27-6566394).
Questions about KNIGHT IMPACT PARTNERS
- What is the EIN of KNIGHT IMPACT PARTNERS?
- The employer identification number (EIN) of KNIGHT IMPACT PARTNERS is 27-6566394.
- Is KNIGHT IMPACT PARTNERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to KNIGHT IMPACT PARTNERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KNIGHT IMPACT PARTNERS file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KNIGHT IMPACT PARTNERS 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 KNIGHT IMPACT PARTNERS last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of KNIGHT IMPACT PARTNERS?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does KNIGHT IMPACT PARTNERS have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,227,674, expenses of $5,287,083 and total assets of $23,953,618 at year end.
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