Kingdom Capital Fund
- Assets
- $2.7m
- Revenue
- $1.9m
- Investments
- $1.0m
- Employees
- 2
- Location
- Sioux Falls, SD
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-0194811
Organization Overview
Kingdom Capital Fund is located in Sioux Falls, SD. The organization was established in 2008. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Kingdom Capital Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Capital Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Kingdom Capital Fund generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $592.7k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kingdom Capital Fund has awarded 58 individual grants totaling $4,748,286. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES AND FOR THE SUPPORT AND BENEFIT OF QUALIFIED CHARITABLE ORGANIZATIONS THAT SUPPORT, PROMOTE, AND PERFORM CHRISTIAN OBJECTIVES.
Describe the Organization's Program Activity:
DONATIONS TO NON-PROFIT ORGANIZATIONS THAT MEET THE MISSION OF KINGDOM CAPITAL FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Jankord Chair | OfficerTrustee | 1 | $0 |
Heath Oberloh Vice Chair | OfficerTrustee | 1 | $0 |
Rob Broin Secretary | OfficerTrustee | 1 | $0 |
Deb Konz Treasurer | OfficerTrustee | 1 | $0 |
Walt Bones Director | Trustee | 1 | $0 |
Eric Kerkvliet Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,406,601 |
| Noncash contributions included in lines 1a–1f | $736,034 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,420,601 |
| Total Program Service Revenue | $0 |
| Investment income | $20,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$57,302 |
| Net Gain/Loss on Asset Sales | $298,320 |
| Net Income from Fundraising Events | $165,852 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,855,135 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $343,333 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,500 |
| Compensation of current officers, directors, key employees. | $82,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,600 |
| Payroll taxes | $10,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $560 |
| Fees for services: Accounting | $17,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | -$932 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,775 |
| Office expenses | $4,184 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,510 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,067 |
| Insurance | $0 |
| All other expenses | $920 |
| Total functional expenses | $592,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $678,575 |
| Savings and temporary cash investments | $568,976 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $76,659 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $925 |
| Investments—publicly traded securities | $372,795 |
| Investments—other securities | $1,013,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,710,930 |
| Accounts payable and accrued expenses | $7,906 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,906 |
| Net assets without donor restrictions | $2,703,024 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,710,930 |
Grants Awarded
Over the last fiscal year, Kingdom Capital Fund has awarded $674,526 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
ATHLETES IN ACTION PURPOSE: GENERAL PURPOSE | $30,000 |
ARISE UKRAINEPAUL LOGAN MINISTRIES PURPOSE: GENERAL PURPOSE | $95,003 |
BREAKTHROUGH COUNSELING LLC PURPOSE: GENERAL PURPOSE | $32,000 |
COMPASSION CHILD CARE PURPOSE: GENERAL PURPOSE | $55,000 |
COLLISIONFIRST PRIORITY OF SIOUX FALLS INC PURPOSE: GENERAL PURPOSE | $30,000 |
GLOBAL TRUST PARTNERS PURPOSE: GENERAL PURPOSE | $12,000 |