Kingswood Home For Children Inc is located in Bean Station, TN. The organization was established in 1946. According to its NTEE Classification (O11) the organization is classified as: Single Organization Support, under the broad grouping of Youth Development and related organizations. As of 06/2021, Kingswood Home For Children Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingswood Home For Children 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 06/2021, Kingswood Home For Children Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 5.4% 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
BRINGING HEALING TO HURTING CHILDREN AND FAMILIES IN HIS NAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINGSWOOD HOME FOR CHILDREN, INC., IS A PRIVATE, RESIDENTIAL HOME FOR CHILDREN AGES 5-18 THAT PROVIDES A SAFE, CHRISTIAN HOME FOR CHILDREN WHO HAVE BEEN ABANDONED, ABUSED, NEGLECTED, OR DISPLACED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leah Taylor Chairman | OfficerTrustee | $0 | |
Cordelia Marzak Board Member | Trustee | $0 | |
Clark Rucker Board Member | Trustee | $0 | |
Dr Peter Clark Board Member | Trustee | $0 | |
Chad Gust Board Member | Trustee | $0 | |
Christine Coley Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $114,000 |
All other contributions, gifts, grants, and similar amounts not included above | $1,303,727 |
Noncash contributions included in lines 1a–1f | $210,232 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,417,727 |
Total Program Service Revenue | $53,849 |
Investment income | $12,862 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,840 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,525,021 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $662,991 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $43,759 |
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 | $10,956 |
Advertising and promotion | $5,898 |
Office expenses | $9,596 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $133,626 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,557 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $95,614 |
Insurance | $128,854 |
All other expenses | $34,146 |
Total functional expenses | $1,247,432 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $218,473 |
Savings and temporary cash investments | $360,847 |
Pledges and grants receivable | $4,799 |
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 | $3,314 |
Net Land, buildings, and equipment | $819,909 |
Investments—publicly traded securities | $1,024,002 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,007 |
Total assets | $2,438,351 |
Accounts payable and accrued expenses | $19,239 |
Grants payable | $0 |
Deferred revenue | $62,109 |
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 | $16,368 |
Total liabilities | $97,716 |
Net assets without donor restrictions | $2,340,635 |
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 | $2,438,351 |
Over the last fiscal year, we have identified 1 grants that Kingswood Home For Children Inc has recieved totaling $41,572.
Awarding Organization | Amount |
---|---|
United Way Of Hamblen County Morristown, TN PURPOSE: FUND OPERATIONS | $41,572 |
Organization Name | Assets | Revenue |
---|---|---|
Great Circle Endowment Inc Saint James, MO | $55,460,013 | $5,249,746 |
Boy Scouts Of America St Louis, MO | $70,195,247 | -$2,206,788 |
Youth For Tomorrow Foundation Bristow, VA | $47,367,901 | $7,748,612 |
Boy Scouts Of America Kinston, NC | $9,987,459 | $1,779,507 |
Kingswood Home For Children Inc Bean Station, TN | $2,438,351 | $1,525,021 |
Kidspace Van Buren, AR | $232,079 | $1,124,204 |
Springfield Boys Club Trust Fund For Springfield Boys Club Inc Springfield, MO | $14,210,234 | $1,815,014 |
Threads Of Hope Thrift Store Inc Crossville, TN | $1,278,132 | $751,338 |
Boy Scouts Of America Memphis, TN | $6,976,876 | $1,121,075 |
Foundation For Eds Inc Augusta, GA | $7,254,128 | $1,692,728 |
Boy Scouts Of America Saint Joseph, MO | $1,619,942 | $197,703 |
Potter Childrens Foundation Inc Bowling Green, KY | $18,039,633 | $1,425,469 |