Totals
- Total revenue
- $504,515
- Total expenses
- $650,294
- Contributions and grants received
- $40,649
- Grants paid
- $0
- Program service revenue
- $459,708
- Investment income
- $2,026
- Other revenue
- $2,132
- Total assets, end of year
- $3,890,361
- Total liabilities, end of year
- $2,761
- Net assets or fund balances, end of year
- $3,887,600
- Program services expenses (Part IX)
- $550,893
- Management and general expenses
- $83,876
- Fundraising expenses
- $15,525
- Program service expenses (Part III)
- $550,893
Program services were 84.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$8,391
-
1e · Government grants (contributions)
$11,918
-
1f · All other contributions, gifts and grants
$20,340
-
2a · Program service revenue: TUITION & FEES
total $459,708 · related or exempt $459,708
-
3 · Investment income
total $2,026 · related or exempt $2,026
-
8a · Fundraising events: contributions included on line 1c
$8,391
-
11a · Other revenue: MISCELLANEOUS RENTAL
total $2,100 · related or exempt $2,100
-
11b · Other revenue: OTHER
total $32 · related or exempt $32
-
11e · Other revenue, total
$2,132
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $100,000 · program services $82,000 · management and general $18,000
-
7 · Other salaries and wages
total $239,565 · program services $226,232 · management and general $13,333
-
9 · Other employee benefits
total $4,023 · program services $3,299 · management and general $724
-
10 · Payroll taxes
total $23,680 · program services $19,418 · management and general $4,262
-
11g · Fees: other
total $57,632 · program services $47,258 · management and general $10,374
-
12 · Advertising and promotion
total $1,149 · program services $942 · management and general $207
-
13 · Office expenses
total $29,744 · program services $11,660 · management and general $2,559 · fundraising $15,525
-
14 · Information technology
total $22,717 · program services $18,628 · management and general $4,089
-
16 · Occupancy
total $90,067 · program services $73,855 · management and general $16,212
-
22 · Depreciation, depletion and amortization
total $40,411 · program services $33,137 · management and general $7,274
-
23 · Insurance
total $36,657 · program services $30,059 · management and general $6,598
-
24a · Other expenses: CLASSROOM
total $4,649 · program services $4,405 · management and general $244
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $65,593 · end of year $31,754
-
2 · Savings and temporary cash investments
beginning of year $302,462
-
10a · Land, buildings and equipment: cost or other basis
$4,023,263
-
10b · Land, buildings and equipment: accumulated depreciation
$164,656
-
10c · Land, buildings and equipment, net
beginning of year $3,899,018 · end of year $3,858,607
-
17 · Accounts payable and accrued expenses
beginning of year $52,140 · end of year $2,761
-
27 · Net assets without donor restrictions
beginning of year $4,214,933 · end of year $3,887,600
Mission and programs · 2024
Mission
KING'S ACADEMY EQUIPS STUDENTS TO KNOW, LOVE, AND SERVE CHRIST WHOLEHEARTEDLY WHILE FOSTERING ACADEMIC MASTERY AND A LIFELONG LOVE OF LEARNING, GROUNDED IN BIBLICAL TRUTH, WISDOM, AND INTEGRITY.
-
AT KINGS ACADEMY, WE BELIEVE EVERY CHILD IS CREATED WITH PURPOSE, GIFTED BY GOD, AND DESERVING OF A NURTURING ENVIRONMENT WHERE FAITH AND LEARNING GROW TOGETHER. FOR OVER 40 YEARS, OUR MISSION HAS BEEN TO PARTNER WITH FAMILIES TO CULTIVATE ACADEMIC EXCELLENCE, STRONG CHARACTER, AND A LIFELONG LOVE FOR CHRIST. WITH AFFORDABLE TUITION, A WARM COMMUNITY, AND PROGRAMS DESIGNED TO SUPPORT DIVERSE LEARNERS, KINGS ACADEMY IS A PLACE WHERE EVERY STUDENT CAN THRIVE.
Expenses $550,893 · Revenue $459,708
As filed on the 2024 return.
Listed in Part VII
-
Michael EllisMICHAEL ELLIS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mike McMennamyMIKE MCMENNAMY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jack O'ConnorJACK O'CONNOR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Ernie CarterERNIE CARTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hal ChappelleHAL CHAPPELLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick HudsonPATRICK HUDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tolu OlumuyiwaTOLU OLUMUYIWA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan TrainorSUSAN TRAINOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Curtis WilkeCURTIS WILKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wendy LewisWENDY LEWIS
HEAD OF SCHO
- Total calculated
- $100,000
- From this org
- $100,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 June 2026
- IRS schema version
- 2024v5.0
- Source object
- 202611629349300626
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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