Kings University is located in Southlake, TX. The organization was established in 2016. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Kings University employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kings University 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 06/2021, Kings University generated $6.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $6.9m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARE AND EDUCATE MEN AND WOMEN FOR EFFECTIVE LEADERSHIP AND CHRIST-LIKE SERVANTHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY PROVIDES AN UNDERGRADUATE EDUCATION AND GRADUATE LEVEL SEMINARY EDUCATION WITH A STUDENT ENROLLMENT OF OVER 900: 421 UNDERGRADUATE AND 480 GRADUATE. DEGREE PROGRAMS INCLUDE ASSOCIATE OF CHRISTIAN MINISTRIES, ASSOCIATE OF WORSHIP LEADERSHIP, BACHELOR OF BIBLICAL & THEOLOGICAL STUDIES (THEOLOGICAL STUDIES, MUSIC & WORSHIP, MESSIANIC JEWISH STUDIES), BACHELOR OF BIBLICAL COUNSELING, BACHELOR OF CHRISTIAN MINISTRIES, BACHELOR OF INTERCULTURAL STUDIES (EVANGELISM & MISSIONS), BACHELOR OF MEDIA ARTS, BACHELOR OF GENERAL CHRISTIAN STUDIES, BACHELOR OF WORSHIP LEADERSHIP, MASTER OF DIVINITY (MESSIANIC JEWISH STUDIES, THEOLOGY), MASTER OF MARRIAGE & FAMILY THERAPY (MMFT) (COUNSELING), MASTER OF PRACTICAL THEOLOGY (MINISTRY), MASTER OF ORGANIZATIONAL LEADERSHIP (LEADERSHIP) AND DOCTORAL OF MINISTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Jon Chasteen President | OfficerTrustee | 1 | $241,885 |
Dr Mitchell Land Dean Of Media Arts | 1 | $139,676 | |
Ashley Green CFO | Officer | 1 | $134,427 |
Dr David Cole Provost/cao | 1 | $129,744 | |
Rhonda Davis VP Enrollment Manager | 1 | $116,010 | |
Dr Irini Fambro Trustee | Trustee | 0.5 | $3,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,930,347 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,930,347 |
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. | $609,425 |
Compensation of current officers, directors, key employees. | $384,175 |
Compensation to disqualified persons | $19,470 |
Other salaries and wages | $4,807,008 |
Pension plan accruals and contributions | $110,701 |
Other employee benefits | $1,103,900 |
Payroll taxes | $279,843 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $6,930,347 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $0 |
Over the last fiscal year, we have identified 2 grants that Kings University has recieved totaling $49,622.
Awarding Organization | Amount |
---|---|
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $49,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Organization Name | Assets | Revenue |
---|---|---|
Hallmark University Inc San Antonio, TX | $50,738,491 | $19,939,747 |
University Of Central Oklahoma Fdn Edmond, OK | $57,594,022 | $22,644,873 |
College Of Biblical Studies-Houston Houston, TX | $14,076,191 | $8,568,117 |
University Of Central Arkansas Foundation Inc Conway, AR | $76,302,395 | $12,983,167 |
Southern University System Foundation Baton Rouge, LA | $59,341,239 | $13,209,342 |
University Of Science & Arts Of Oklahoma Foundation Inc Chickasha, OK | $18,769,545 | $3,373,213 |
Kings University Southlake, TX | $0 | $6,930,347 |
Amberton University Garland, TX | $60,380,717 | $9,173,181 |
Randall University Inc Moore, OK | $6,608,368 | $7,433,894 |
Stephen F Austin State University Foundation Inc Nacogdoches, TX | $115,560,450 | $21,375,091 |
Texas A&m University-Kingsville Foundation Inc Kingsville, TX | $109,298,613 | $9,889,505 |
Baptist University Of The Americas San Antonio, TX | $13,785,547 | $6,893,983 |