The Kings University

Organization Overview

The Kings University is located in Southlake, TX. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. 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 $12.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $10.6m during the year ending 06/2021. While expenses have increased by 0.9% 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.

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.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Jon Chasteen
President
$0
Dr Robert Morris
Chancellor/trustee
$0
Dr Kenneth Ulmer
Vice Chair/trustee
$0
Pastor Kevin Grove
Chairman/trustee
$0
Ashley Green
CFO
$0
Dr Jack Hayford
Chancellor Emeritus
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$182,036
Related organizations$0
Government grants $1,868,994
All other contributions, gifts, grants, and similar amounts not included above$3,811,105
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,862,135
Total Program Service Revenue$6,505,465
Investment income $139,773
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$108,743
Net Income from Fundraising Events -$92,655
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,609
Miscellaneous Revenue$0
Total Revenue $12,314,584

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Kings University has recieved totaling $76,400.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$75,000
Textron Charitable Trust 540 008

Providence, RI

PURPOSE: MATCHING GIFT TO EDUCATION

$1,400
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,898,395
Earnings$741,600
Net Contributions$132,348
Other Expense$65,000
Grants$65,669
Ending Balance$4,641,674

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