Kings Academy Christian School Inc
- Assets
- $952.6k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 32
- Location
- Milwaukee, WI
- Founding
- 02/2000
- Data as of
- 06/2023
- EIN
- 39-1960876
Organization Overview
Kings Academy Christian School Inc is located in Milwaukee, WI. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Kings Academy Christian School Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kings Academy Christian School Inc 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 06/2023, Kings Academy Christian School Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SCHOOL IS TO EDUCATE ALL CHILDREN BY PROMOTING ACADEMIC EXCELLENCE WITH A CURRICULUM THAT WILL MOTIVATE, EDUCATE AND ELEVATE THEM TO BECOME PRODUCTIVE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE SCHOOL IS TO EDUCATE ALL CHILDREN BY PROMOTING ACADEMIC EXCELLENCE WITH A CURRICULUM THAT WILL MOTIVATE, EDUCATE AND ELEVATE THEM TO BECOME PRODUCTIVE CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur S Lee Jr Treasurer | OfficerTrustee | 1 | $0 |
Marilynn Mcvicker Education Chair | OfficerTrustee | 1 | $0 |
John W Mcvicker Sr Chairman | OfficerTrustee | 1 | $0 |
Crystal D Carter Director | Trustee | 1 | $0 |
Danea D Davis Director | Trustee | 1 | $0 |
John Hayes III Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,747,525 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,937 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,791,462 |
| Total Program Service Revenue | $62,391 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $162 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,859,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $137,316 |
| Compensation of current officers, directors, key employees. | $37,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $618,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,902 |
| Payroll taxes | $53,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,455 |
| Advertising and promotion | $1,260 |
| Office expenses | $25,282 |
| Information technology | $5,860 |
| Royalties | $0 |
| Occupancy | $208,626 |
| Travel | $211,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $620 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,094 |
| Insurance | $12,975 |
| All other expenses | $17,795 |
| Total functional expenses | $1,745,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,190 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,543 |
| Net Land, buildings, and equipment | $94,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $952,612 |
| Accounts payable and accrued expenses | $59,278 |
| 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 | $8,024 |
| Total liabilities | $67,302 |
| Net assets without donor restrictions | $711,696 |
| Net assets with donor restrictions | $173,614 |
| 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 | $952,612 |