Civic Intelligence

Kings Way Foundation

990 • Fiscal year 2020 • EIN 48-1215294

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

1009 Noble CourtYukon, OK 73099-3421

(405) 265-0041

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

52nd percentile

6.4%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

72nd percentile

29%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-21%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$29,428

Up $6,660 (+29%) from 2019

Net Assets

Up

$29,428

Up $6,660 (+29%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$104,247

Down $27,368 (-21%) from 2019

Expenses

Down

$97,587

Down $34,047 (-26%) from 2019

Net Income

Up

$6,660

Up $6,679 (+35153%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $107,811Liabilities 2011: $0Net Assets 2011: $107,8112011Assets 2012: $88,255Liabilities 2012: $0Net Assets 2012: $88,2552012Assets 2013: $81,284Liabilities 2013: $0Net Assets 2013: $81,2842013Assets 2014: $72,936Liabilities 2014: $0Net Assets 2014: $72,9362014Assets 2015: $40,879Liabilities 2015: $0Net Assets 2015: $40,8792015Assets 2016: $32,795Liabilities 2016: $0Net Assets 2016: $32,7952016Assets 2017: $30,438Liabilities 2017: $0Net Assets 2017: $30,4382017Assets 2018: $22,787Liabilities 2018: $0Net Assets 2018: $22,7872018Assets 2019: $22,768Liabilities 2019: $0Net Assets 2019: $22,7682019Assets 2020: $29,428Liabilities 2020: $0Net Assets 2020: $29,4282020Assets 2021: $42,071Liabilities 2021: $0Net Assets 2021: $42,0712021Assets 2022: $39,726Liabilities 2022: $0Net Assets 2022: $39,7262022Assets 2023: $38,809Liabilities 2023: $0Net Assets 2023: $38,8092023Assets 2024: $28,781Liabilities 2024: $0Net Assets 2024: $28,7812024

Highlighted filing

2020

Assets$29,428
Liabilities$0
Net Assets$29,428

Operations Trend

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

$200K$100K$0-$100KExpenses 2011: $110,4432011Expenses 2012: $120,4742012Revenue 2013: $171,618Expenses 2013: $178,590Net Income 2013: -$6,9722013Revenue 2014: $106,890Expenses 2014: $115,238Net Income 2014: -$8,3482014Revenue 2015: $107,435Expenses 2015: $139,492Net Income 2015: -$32,0572015Revenue 2016: $119,415Expenses 2016: $127,499Net Income 2016: -$8,0842016Revenue 2017: $102,575Expenses 2017: $104,932Net Income 2017: -$2,3572017Revenue 2018: $126,439Expenses 2018: $134,090Net Income 2018: -$7,6512018Revenue 2019: $131,615Expenses 2019: $131,634Net Income 2019: -$192019Revenue 2020: $104,247Expenses 2020: $97,587Net Income 2020: $6,6602020Revenue 2021: $80,901Expenses 2021: $68,258Net Income 2021: $12,6432021Revenue 2022: $43,671Expenses 2022: $46,016Net Income 2022: -$2,3452022Revenue 2023: $52,795Expenses 2023: $53,712Net Income 2023: -$9172023Revenue 2024: $32,615Expenses 2024: $42,643Net Income 2024: -$10,0282024

Highlighted filing

2020

Revenue$104,247
Expenses$97,587
Net Income$6,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.0
Gross Receipts
$104,247
Mission and Program Overview

Mission

Kingsway Foundation is a public charitable corporation whose mission is to assist others in contributing to compassionate and charitable needs in the USA and other world areas. The focus of these needs being hunger housing scholarships disaster relief orphans missional and poverty.

Kings Way Foundation is a public charity that assists others in contributing to charitable and compassionate needs in the US and around the world. Those needs include education, housing, medical, hunger, orphans and disaster relief.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,768$29,428▲ $6,660
Rtn Earn Endowment Incm Other Fnds$22,768$29,428▲ $6,660
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$22,768$29,428▲ $6,660
Other Assets Total$0--
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,768$29,428▲ $6,660
Total Liabilities and Net Assets / Fund Balance$22,768$29,428▲ $6,660
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Larry K RyanDirector
Brent RyanTrustee
Gayla RyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,247
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$104,247
Change in Net Assets
$6,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$96,764
Other Expenses$823
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$59,712--$59,712
Grants to Domestic Orgs$37,052--$37,052
Office Expenses$0$302$0$302
Information Technology$0$179$0$179
Advertising$0$160$0$160
Conferences and Meetings$0$134$0$134
Fees for Services Legal$0$40-$40
Other Expenses$0$8$0$8
Total Functional Expenses$96,764$823$0$97,587
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Metro Manila MinistriesWichita, KS-Part II, Line l, Column H: Metro Manila Ministries is a USA volunteer organization that solicit funds to help those in need in the Philippines. Dale Kingsley, the volunteer director, oversees the funds raised and submits those funds to a Donor Advised account of the Kings Way Foundation. Volunteers travel to the Philippines to conduct medical missions to help those in need and to assist with numerous compassionate needs and to encourage and help volunteer workers and the communities. These funds help with disaster relief, feeding programs, medical clinics, educational training programs and benevolence.$36,608
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Part VI, Section A, Line 2: Gayla Ryan (wife) and Brent Ryan (son) have family relationship with Director, Rev. Larry K. Ryan. Part VI, Section C, Line 19: Copies of all policies, documents and records are available upon request to the public.

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

The 990 is reviewed and approved by the governing members upon completion.

Form 990, Part VI, Section C, Line 19

Copies of all policies, documents and records are made available upon request to the public for review.

Filing and Contact Details

Filer

Filer Name
Kings Way Foundation
EIN
48-1215294
Phone
4052650041
Address
1009 Noble Court, Yukon, OK 73099-3421

Signing Officer

Name
Gayla Ryan
Title
Treasurer
Phone
4052650041
Signed
2021-05-13

Organization Details

Principal Officer
Rev Larry K Ryan
Formed
1998
Legal Domicile
Ks
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
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IRS990/PrincipalOfficerNm0Rev Larry K Ryan
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Kings Way Foundation issued (15) grants to Metro Manila Ministries, a volunteer group in the USA in 2020. These grants were managed by volunteers and compassionate workers on the ground in the Philippines providing COVID relief throughout the year. This included medical supplies and services, as well as food. Because of the volcano disaster and floods, some grants helped with feeding programs, clothing, etc. In addition, aid went to educational programs, youth camps, purchasing tools and other supplies.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt036608
IRS990/ProgSrvcAccomActy2Grp/GrantAmt036608
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036608
IRS990/ProgSrvcAccomActy3Grp/Desc0A grant in the amount of $444 was presented to Restore Hope by Kings Way Foundation in 2020. This grant sponsors an orphan in Sierra Leone, Africa. This support aids in their schooling, feeding and hygiene needs for a year.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0444
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0444
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0131615
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0129056
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02578
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-19
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0131634
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0131615
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt06660
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt059712
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt022768
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt029428
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Sections C, Lines 17a and 17b: Kings Way Foundation meets the 10% facts and circumstances test with 21% public support for 2020 and 24% public support for 2019. As a public foundation we maintain an ongoing program for solicitation of funds from the community, public charity groups and the general public. The governing body, as well as other supporting groups, continue to seek public support. Even in the midst of the COVID challenge in 2020, Kings Way Foundation continued to receive regular contributions from several charitable groups, many individuals and public organizations.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0104247
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0131615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0126432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0102540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0113385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0578219
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt072
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.20858
IRS990ScheduleA/PublicSupportPY170Pct00.24
IRS990ScheduleA/PublicSupportTotal170Amt0120622
IRS990ScheduleA/SubstantialContributorsTotAmt0457597
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestPYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0104247
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0131615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0126432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0102540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0113385
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0578219
IRS990ScheduleA/TotalSupportAmt0578291
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt0104147
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt096320
IRS990ScheduleD/DonorAdvisedFundsHeldCnt02
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt023781

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.33$0.43$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.53$0.54$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.44$0.46$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.81$0.68$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.04$0.98$0.07
2019Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$1.32$1.32$0.00
2018Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$1.26$1.34$0.08
2017Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$1.03$1.05$0.02
2016Summary only. Only limited summary data is available for this year.$0.33$0.00$0.33$1.19$1.27$0.08
2015Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$1.07$1.39$0.32
2014Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$1.07$1.15$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.72$1.79$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$1.10