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Nonprofiteer
← KINGS ENDOWMENT FUND

Form 990 for tax year 2024

Filed by KINGS ENDOWMENT FUND.

Totals

Total revenue
$126,107
Total expenses
$282,379
Contributions and grants received
$0
Grants paid
$274,315
Program service revenue
$0
Investment income
$126,107
Other revenue
$0
Total assets, end of year
$5,900,924
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$5,900,924
Program services expenses (Part IX)
$274,315
Management and general expenses
$8,064
Fundraising expenses
$0
Program service expenses (Part III)
$274,315

Program services were 97.1% 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.

  • 3 · Investment income

    total $60,109 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $105,669

  • 7b · Less cost or other basis and sales expenses

    securities $39,671

  • 7c · Gain or loss

    securities $65,998

  • 7d · Net gain or loss

    total $65,998 · related or exempt $65,998 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $274,315 · program services $274,315

  • 24a · Other expenses: Advisory fees

    total $8,064 · program services $0 · management and general $8,064 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,134 · end of year $8,134

  • 11 · Investments: publicly traded securities

    beginning of year $5,258,824 · end of year $5,892,790

  • 31 · Retained earnings, endowment or other funds

    beginning of year $5,266,958 · end of year $5,900,924

Mission and programs · 2024

Mission

Endowment for Gull Lake Ministries

  • Provide funds to Gull Lake Ministries [which is a 501 (c) (3)] to assist them in spreading the gospel

    Expenses $274,315 · Grants $274,315

As filed on the 2024 return.

Listed in Part VII

  • Neil Nyberg

    Vice-Ch.

    Total calculated
    $0
    Hours/week
    0

  • James DeKryter

    Chairman

    Total calculated
    $0
    Hours/week
    0

  • Max E Smith

    Treasurer

    Total calculated
    $0
    Hours/week
    1

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2025
IRS schema version
2024v5.2
Source object
202503169349302025

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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