Civic Intelligence

The Kings Academy Inc

990 • Fiscal year 2019 • EIN 23-2965423

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 31, 2019

1562 Main StreetMohrsville, PA 19541

(610) 926-9639

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.67x

Higher debt load relative to assets than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.19x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

25th percentile

-6.0%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$68,223

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

40th percentile

0.2%

Faster asset growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

0.2%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$337,744

Up $796 (+0.2%) from 2018

Net Assets

Down

$110,540

Down $72,742 (-40%) from 2018

Liabilities

Up

$227,204

Up $73,538 (+48%) from 2018

Revenue

Up

$1,214,847

Up $2,950 (+0.2%) from 2018

Expenses

Up

$1,287,589

Up $70,504 (+5.8%) from 2018

Net Income

Down

-$72,742

Down $67,554 (-1302%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $364,633Liabilities 2010: $133,495Net Assets 2010: $231,1382010Assets 2011: $470,545Liabilities 2011: $124,835Net Assets 2011: $345,7102011Assets 2012: $399,434Liabilities 2012: $110,004Net Assets 2012: $289,4302012Assets 2013: $325,737Liabilities 2013: $156,083Net Assets 2013: $169,6542013Assets 2014: $563,177Liabilities 2014: $320,498Net Assets 2014: $242,6792014Assets 2015: $648,144Liabilities 2015: $377,386Net Assets 2015: $270,7582015Assets 2016: $449,582Liabilities 2016: $119,964Net Assets 2016: $329,6182016Assets 2017: $305,837Liabilities 2017: $117,368Net Assets 2017: $188,4692017Assets 2018: $336,948Liabilities 2018: $153,666Net Assets 2018: $183,2822018Assets 2019: $337,744Liabilities 2019: $227,204Net Assets 2019: $110,5402019Assets 2020: $481,275Liabilities 2020: $268,523Net Assets 2020: $212,7522020Assets 2021: $913,858Liabilities 2021: $335,863Net Assets 2021: $577,9952021Assets 2022: $938,631Liabilities 2022: $73,148Net Assets 2022: $865,4832022Assets 2023: $1,526,129Liabilities 2023: $131,259Net Assets 2023: $1,394,8702023Assets 2024: $1,417,626Liabilities 2024: $4,959Net Assets 2024: $1,412,6672024Assets 2025: $1,484,835Liabilities 2025: $40,953Net Assets 2025: $1,443,8822025

Highlighted filing

2019

Assets$337,744
Liabilities$227,204
Net Assets$110,540

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $967,0662010Expenses 2011: $1,131,1332011Expenses 2012: $1,095,0592012Expenses 2013: $1,089,3672013Revenue 2014: $1,306,499Expenses 2014: $1,233,474Net Income 2014: $73,0252014Revenue 2015: $1,244,718Expenses 2015: $1,216,639Net Income 2015: $28,0792015Revenue 2016: $1,367,162Expenses 2016: $1,308,302Net Income 2016: $58,8602016Revenue 2017: $1,238,225Expenses 2017: $1,379,374Net Income 2017: -$141,1492017Revenue 2018: $1,211,897Expenses 2018: $1,217,085Net Income 2018: -$5,1882018Revenue 2019: $1,214,847Expenses 2019: $1,287,589Net Income 2019: -$72,7422019Revenue 2020: $1,269,613Expenses 2020: $1,167,400Net Income 2020: $102,2132020Revenue 2021: $1,625,012Expenses 2021: $1,259,769Net Income 2021: $365,2432021Revenue 2022: $1,686,509Expenses 2022: $1,399,021Net Income 2022: $287,4882022Revenue 2023: $2,022,733Expenses 2023: $1,493,346Net Income 2023: $529,3872023Revenue 2024: $1,623,164Expenses 2024: $1,605,367Net Income 2024: $17,7972024Revenue 2025: $1,589,381Expenses 2025: $1,558,167Net Income 2025: $31,2142025

Highlighted filing

2019

Revenue$1,214,847
Expenses$1,287,589
Net Income-$72,742
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$1,381,027
Mission and Program Overview

Mission

To provide a christian centered education for children

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$171,054$161,710▼ $9,344
Cash and Non-Interest-Bearing Accounts$81,458$106,760▲ $25,302
Accounts Receivable$35,513$48,333▲ $12,820
Savings and Temporary Cash Investments$48,785$20,939▼ $27,846
Intangible Assets$138$2▼ $136
Total Assets$336,948$337,744▲ $796
Liabilities
Deferred Revenue$89,633$151,702▲ $62,069
Accounts Payable and Accrued Expenses$43,782$59,537▲ $15,755
Other Liabilities$17,115$15,965▼ $1,150
Mortgage Notes Payable Secured by Investment Property$3,136--
Total Liabilities$153,666$227,204▲ $73,538
Net Assets / Fund Balance
Unrestricted Net Assets$100,304$70,780▼ $29,524
Temporarily Rstr Net Assets$82,978$39,760▼ $43,218
Total Net Assets Fund Balance$183,282$110,540▼ $72,742
Total Liabilities and Net Assets / Fund Balance$336,948$337,744▲ $796

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$144,333$129,949$274,282
Other Land Buildings$5,677$59,472$65,149
Land$11,700-$11,700
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelle GoodmanMemberFT$68,223$68,223

Board Members and Trustees

NameTitle
Renee KellerPresident
Dave Schmaldienst JrVice President/exec Sec
Art SprungerChaplain
Dave Schmaldienst SrMember
Lori MonottoMember
Nathan SchefflerMember
Rick CulpMember
Brian KulpTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$113,529
Program Service Revenue
$1,086,088
Investment Income
$21
Other Revenue
$15,209
All Other Contributions
$50,879
Change in Net Assets
$-72,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$924,774
Other Expenses$362,815
Total Fundraising Expense$2,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$599,356$189,977-$789,333
Occupancy$61,476$15,369-$76,845
Current Officers, Directors, Trustees, and Key Employees-$68,223-$68,223
Payroll Taxes$46,979$20,239-$67,218
All Other Expenses$24,376$7,958$2,429$34,763
Insurance$16,297$4,074-$20,371
Office Expenses$8,828$2,207-$11,035
Depreciation Depletion$7,008$2,336-$9,344
Other Expenses$6,744$1,686-$8,430
Advertising-$7,830-$7,830
Information Technology$2,627$657-$3,284
Fees for Services Accounting-$935-$935
Total Functional Expenses$963,669$321,491$2,429$1,287,589
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$181,265
Fundraising Direct Expenses$166,180
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Escrow Liability$15,965
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dave schmaldienst sr and dave schmaldienst jr are father and son

Form 990, Part VI, Section B, Line 11B

The board of directors are provided with and review a copy of the 990 prior to it being approved for signature and electronic transmittal.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitors and enforces compliance with their conflict of interest policy

Form 990, Part VI, Section B, Line 15A

The board of directors determines and approves compensation of the organizations executive director on an annual basis.

Form 990, Part VI, Section C, Line 18

The organization makes available it's form 1023 and 990 on site upon request during normal business hours

Form 990, Part VI, Section C, Line 19

The organization makes available it's governing documents, policies and internal financial statements on site upon request during normal business hours

Filing and Contact Details

Filer

Filer Name
The Kings Academy Inc
EIN
23-2965423
Phone
6109269639
Address
1562 MAIN STREET, MOHRSVILLE, PA 19541

Signing Officer

Name
Renee Keller
Title
President
Phone
6109269639
Signed
2019-10-31

Organization Details

Principal Officer
Renee Keller
Formed
1999
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Joseph D Dantas CPA
Address
600 CARSONIA AVENUE, READING, PA 19606
Preparer
Joseph D Dantas CPA
Phone
6103701820
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IRS990/PYRevenuesLessExpensesAmt0-5188
IRS990/PYSalariesCompEmpBnftPaidAmt0866041
IRS990/PYTotalExpensesAmt01217085
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01211897
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-72742
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01086212
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048785
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020939
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0144333
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0129949
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0274282
IRS990ScheduleD/LandGrp/BookValueAmt011700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011700
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05677
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt059472
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT ESCROW LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0161710
IRS990ScheduleD/TotalLiabilityAmt015965
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE KINGS ACADEMY'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON THEIR WEBSITE AND IS ALSO LISTED IN THEIR FAMILY HANDBOOK.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVE SCHMALDIENST SR AND DAVE SCHMALDIENST JR ARE FATHER AND SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ARE PROVIDED WITH AND REVIEW A COPY OF THE 990 PRIOR TO IT BEING APPROVED FOR SIGNATURE AND ELECTRONIC TRANSMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DETERMINES AND APPROVES COMPENSATION OF THE ORGANIZATIONS EXECUTIVE DIRECTOR ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES AVAILABLE IT'S FORM 1023 AND 990 ON SITE UPON REQUEST DURING NORMAL BUSINESS HOURS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES AVAILABLE IT'S GOVERNING DOCUMENTS, POLICIES AND INTERNAL FINANCIAL STATEMENTS ON SITE UPON REQUEST DURING NORMAL BUSINESS HOURS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt082978
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt039760
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0336948
IRS990/TotalAssetsEOYAmt0337744
IRS990/TotalAssetsGrp/BOYAmt0336948
IRS990/TotalAssetsGrp/EOYAmt0337744
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0113529
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02429
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0321491
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0963669
IRS990/TotalFunctionalExpensesGrp/TotalAmt01287589
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0153666
IRS990/TotalLiabilitiesEOYAmt0227204
IRS990/TotalLiabilitiesGrp/BOYAmt0153666
IRS990/TotalLiabilitiesGrp/EOYAmt0227204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0183282
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0110540
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0963669
IRS990/TotalProgramServiceRevenueAmt01086088
IRS990/TotalReportableCompFromOrgAmt068223
IRS990/TotalRevenueGrp/ExclusionAmt015106
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01086212
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01214847
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0336948
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0337744
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0100304
IRS990/UnrestrictedNetAssetsGrp/EOYAmt070780
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01562 MAIN STREET
IRS990/USAddress/CityNm0MOHRSVILLE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019541

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.04$1.44$1.59$1.56$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.41$1.62$1.61$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.13$1.39$2.02$1.49$0.53
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.07$0.87$1.69$1.40$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.34$0.58$1.63$1.26$0.37
2020Detailed filing. Detailed filing data is available for this year.$0.48$0.27$0.21$1.27$1.17$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.23$0.11$1.21$1.29$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.15$0.18$1.21$1.22$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.12$0.19$1.24$1.38$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.45$0.12$0.33$1.37$1.31$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.38$0.27$1.24$1.22$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.32$0.24$1.31$1.23$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.16$0.17$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.11$0.29$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.12$0.35$1.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.13$0.23$0.97