King Educational Foundation
- Assets
- $42.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/2010
- Data as of
- 12/2023
- EIN
- 27-0864845
Organization Overview
King Educational Foundation is located in Los Angeles, CA. The organization was established in 2010. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Educational Foundation 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 12/2023, King Educational Foundation generated $22.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $18.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PROGRAM PROVIDES STEMS WORKSHOPS, MATH, TUTORING, AND READING PROVIDES ACADEMIC SUPPORT TO MORE THAN 50 KIDS IN CALIFORNIA AND SOUTH CAROLINA. CHARTER SCHOOL APPLICATION IN PROGRESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brianca King Chief Financial Officer | 25 | $0 | |
Trevis King Chief Executive Officer | 30 | $0 | |
Lotrece Hamilton Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $894 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,800 |
| Total expenses | $18,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,250 |
| Other assets | $0 |
| Total assets | $42,750 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,750 |