Civic Intelligence

The King'S Academy Inc

990 • Fiscal year 2020 • EIN 59-1298881

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 20, 2020

Organization ProfileWWW.TKA.NET

View Organization Page

8401 Belvedere RoadWest Palm Beach, FL 33411

(561) 686-4244

Siviq Scores

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

Liabilities / Assets

66th percentile

0.46x

Higher debt load relative to assets than 66% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.75x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

42nd percentile

$303,318

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

57th percentile

8.3%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

17%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$59,685,738

Up $4,567,892 (+8.3%) from 2019

Net Assets

Up

$32,371,968

Up $3,236,558 (+11%) from 2019

Liabilities

Up

$27,313,770

Up $1,331,334 (+5.1%) from 2019

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin70th percentile

Revenue

Up

$36,610,335

Up $5,272,261 (+17%) from 2019

Expenses

Up

$31,792,878

Up $3,916,279 (+14%) from 2019

Net Income

Up

$4,817,457

Up $1,355,982 (+39%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$100M$50M$0Assets 2010: $42,619,894Liabilities 2010: $25,500,420Net Assets 2010: $17,119,4742010Assets 2011: $42,350,930Liabilities 2011: $24,737,268Net Assets 2011: $17,613,6622011Assets 2012: $41,678,620Liabilities 2012: $25,001,100Net Assets 2012: $16,677,5202012Assets 2013: $41,343,584Liabilities 2013: $24,035,278Net Assets 2013: $17,308,3062013Assets 2014: $41,931,502Liabilities 2014: $24,293,125Net Assets 2014: $17,638,3772014Assets 2015: $43,217,938Liabilities 2015: $23,428,040Net Assets 2015: $19,789,8982015Assets 2016: $44,976,040Liabilities 2016: $23,936,753Net Assets 2016: $21,039,2872016Assets 2017: $50,066,211Liabilities 2017: $26,429,435Net Assets 2017: $23,636,7762017Assets 2018: $51,856,457Liabilities 2018: $26,523,829Net Assets 2018: $25,332,6282018Assets 2019: $55,117,846Liabilities 2019: $25,982,436Net Assets 2019: $29,135,4102019Assets 2020: $59,685,738Liabilities 2020: $27,313,770Net Assets 2020: $32,371,9682020Assets 2021: $66,804,036Liabilities 2021: $27,806,484Net Assets 2021: $38,997,5522021Assets 2022: $71,507,499Liabilities 2022: $29,313,194Net Assets 2022: $42,194,3052022Assets 2023: $77,752,133Liabilities 2023: $29,767,532Net Assets 2023: $47,984,6012023Assets 2024: $84,980,866Liabilities 2024: $32,039,856Net Assets 2024: $52,941,0102024Assets 2025: $87,281,245Liabilities 2025: $30,358,358Net Assets 2025: $56,922,8872025

Highlighted filing

2020

Assets$59,685,738
Liabilities$27,313,770
Net Assets$32,371,968
Open 2020 Filing

Operations Trend

Revenue Growth78th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $13,303,5352010Expenses 2011: $14,230,3102011Revenue 2012: $14,389,928Expenses 2012: $15,230,749Net Income 2012: -$840,8212012Expenses 2013: $18,306,3952013Revenue 2014: $19,752,544Expenses 2014: $19,382,312Net Income 2014: $370,2322014Revenue 2015: $23,541,303Expenses 2015: $21,373,635Net Income 2015: $2,167,6682015Revenue 2016: $23,018,594Expenses 2016: $21,337,706Net Income 2016: $1,680,8882016Revenue 2017: $26,856,676Expenses 2017: $24,749,161Net Income 2017: $2,107,5152017Revenue 2018: $28,307,282Expenses 2018: $27,037,037Net Income 2018: $1,270,2452018Revenue 2019: $31,338,074Expenses 2019: $27,876,599Net Income 2019: $3,461,4752019Revenue 2020: $36,610,335Expenses 2020: $31,792,878Net Income 2020: $4,817,4572020Revenue 2021: $35,644,934Expenses 2021: $30,629,126Net Income 2021: $5,015,8082021Revenue 2022: $41,105,705Expenses 2022: $34,819,894Net Income 2022: $6,285,8112022Revenue 2023: $45,768,962Expenses 2023: $41,895,086Net Income 2023: $3,873,8762023Revenue 2024: $49,958,022Expenses 2024: $46,448,792Net Income 2024: $3,509,2302024Revenue 2025: $56,150,781Expenses 2025: $52,862,868Net Income 2025: $3,287,9132025

Highlighted filing

2020

Revenue$36,610,335
Expenses$31,792,878
Net Income$4,817,457
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 20, 2020
Return Version
2019v5.1
Gross Receipts
$36,959,743
Mission and Program Overview

Mission

The king's academy exists to assist the home and church in their endeavor to "train up a child in the way he should go" (proverbs 22:6). Its mission is to share salvation through jesus christ and to graduate christian leaders who seek to impact their world for the king of kings through academic excellence and spiritual vitality.

Education - non-profit christian school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,916,418$42,438,735▼ $477,683
Investments Other Securities$6,578,241$10,590,721▲ $4,012,480
Cash and Non-Interest-Bearing Accounts$4,471,892$5,700,685▲ $1,228,793
Prepaid Expenses and Deferred Charges$429,583$421,818▼ $7,765
Inventories for Sale or Use$292,295$238,816▼ $53,479
Savings and Temporary Cash Investments$221,141$0▼ $221,141
Accounts Receivable$33,270$150,191▲ $116,921
Pledges and Grants Receivable$175,006$144,772▼ $30,234
Total Assets$55,117,846$59,685,738▲ $4,567,892
Liabilities
Tax Exempt Bond Liabilities$17,975,412$19,207,142▲ $1,231,730
Deferred Revenue$4,372,610$5,096,161▲ $723,551
Mortgage Notes Payable Secured by Investment Property$2,585,715--
Other Liabilities$0$1,944,980▲ $1,944,980
Accounts Payable and Accrued Expenses$1,048,699$1,065,487▲ $16,788
Total Liabilities$25,982,436$27,313,770▲ $1,331,334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,856,923$21,976,476▼ $2,880,447
Net Assets With Donor Restrictions$4,278,487$10,395,492▲ $6,117,005
Total Net Assets Fund Balance$29,135,410$32,371,968▲ $3,236,558
Total Liabilities and Net Assets / Fund Balance$55,117,846$59,685,738▲ $4,567,892

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$32,355,305$13,701,227$46,056,532
Other Land Buildings$3,932,212$9,312,116$13,244,328
Equipment$1,796,799$2,991,171$4,787,970
Land$4,354,419-$4,354,419
Other Securities$4,132,580--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$4,961,319$8,557,195▲ $334,281$2,034,076$11,818,719
2018$2,506,440$2,911,661▲ $220,357$677,139$4,961,319
2017$3,110,185$1,850,929▲ $202,511$2,657,185$2,506,440
2016$2,124,219$1,952,509▲ $100,468$1,067,011$3,110,185
2015$4,099,815$1,288,699▲ $98,992$3,278,939$2,124,219
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randal MartinPresidentFT$202,115$101,203$303,318
Douglas RainesVice President & HeadmasterFT$152,675$29,677$182,352
Jeff M LovelandChief Operating OfficerFT$157,786$20,758$178,544

Board Members and Trustees

NameTitle
Steve RasmussenChair
Eric EngstromVice Chair
Albrey ArringtonDirector
Dr Clyde S MeckstrothDirector
Ed AielloDirector
Jerry Y BellDirector
Meg PercySecretary
Sheryl MasiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,564,495
Program Service Revenue
$28,381,432
Investment Income
$546,889
Other Revenue
$117,519
All Other Contributions
$7,564,495
Change in Net Assets
$4,817,457

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table5$20,411Fair Market Value
Securities Publicly Traded2$18,627Fair Market Value
Total Noncash Contributions7$39,038-

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,342,317
Revenue Not Reported on Financial Statements
$6,268,018
Revenue Not Reported on Form 990
$270,315
Other Revenue Adjustments
$6,206,446
Total Revenue per Audited Statements
$30,612,632
Total Revenue per Form 990
$36,610,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,932,092
Other Expenses$12,654,340
Grants and Similar Amounts Paid$6,206,446
Total Fundraising Expense$745,220
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,131,029$1,231,273$144,888$9,507,190
Grants to Domestic Individuals$6,206,446--$6,206,446
Occupancy$3,135,730$103,677$11,118$3,250,525
Depreciation Depletion$2,580,610$160,107$17,169$2,757,886
Payroll Taxes$1,270,831$224,441$49,809$1,545,081
Other Employee Benefits$1,165,181$24,092$46,714$1,235,987
Interest$637,058$39,525$4,238$680,821
Current Officers, Directors, Trustees, and Key Employees-$469,718$174,116$643,834
Insurance$483,876$20,661$2,216$506,753
Other Expenses$477,540$142,152$251$477,540
All Other Expenses$290,645$-72,141$153,867$372,371
Conferences and Meetings$106,424$100,172$12,037$218,633
Office Expenses$74,550$63,622$77,733$215,905
Information Technology$113,348$4,883$536$118,767
Travel$118,234--$118,234
Fees for Service Investment Mgmnt Fees-$61,572-$61,572
Advertising$5,990$3,631$50,528$60,149
Total Functional Expenses$28,470,273$2,577,385$745,220$31,792,878

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$31,792,878
Total Expenses per Audited Statements$25,874,268
Expenses per Audited Statements$25,524,860
Expenses Not Reported on Financial Statements$6,268,018
Other Expense Adjustments$6,206,446
Expenses Not Reported on Form 990$349,408
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$1,944,980

Bond Issues

BondIssuerIssuedIssue PricePurpose
APalm Beach County Fl2006-08-10$22,000,000To retire line of credit on new construction site

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy of form 990 is provided to each voting board member for approval prior to filing.”

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

“The board of directors disclose, review, and resolve conflicts of interest on an annual basis.”

Form 990, Part VI, Section B, Line 15

“Compensation is reviewed and approved by the board of directors on an annual basis.”

Form 990, Part VI, Section C, Line 19

“UPON WRITTEN REQUEST.”

Filing and Contact Details

Filer

Filer Name
THE KING'S ACADEMY INC
EIN
59-1298881
Phone
5616864244
Address
8401 BELVEDERE ROAD, WEST PALM BEACH, FL 33411

Signing Officer

Name
Randal Martin
Title
President
Phone
5616864244
Signed
2020-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randal Martin
Formed
1970
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
6
Employees
436
Volunteers
300

Preparer

Firm
Templeton & Company Llp
Address
222 LAKEVIEW AVENUE SUITE 1200, WEST PALM BEACH, FL 33401
Preparer
Richard Juback
Phone
5617989988
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Develop and provide curricula and learning materials to be used by other educational institutions.”

FORM 990, PART XII, LINE 2C:

“The organization's audit committee has not changed its oversight or selection process of the audit.”

Financial Statement Notes

PART X, LINE 2:

“The king's academy is exempt from federal and state income taxes as an educational institution under internal revenue code section 501(c)(3). Accordingly, no provision for income taxes has been recorded in the consolidated financial statements. The school is required to operate in conformity with the provisions of the internal revenue code (irc) to maintain its exempt status. Preschool, sansburys way home, old bridge road home, rock terrace home, 9226 nugent home, and 9081 nugent home are wholly-owned by the king's academy and are disregarded entities for income tax purposes. Management analyzes tax positions in jurisdictions where it is required to file income tax returns. Interest and penalties attributable to income taxes, if any, are included in operating expenses. No such interest or penalties were recorded for the fiscal years 2020 or 2019. The school is no longer subject to income tax examinations for the years before 2017. Based on its evaluation, management did not identify any tax positions for which it is reasonably possible that the total amounts of unrecognized taxes will significantly increase or decrease.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 349,408.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 6,206,446.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold 349,408.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 6,206,446.”

SCHEDULE D, PART V, LINE 4:

“The intended purpose of the school's endowment funds is to support the educational purpose of the school by giving financial assistance to students with demonstrated financial needs; to provide continuing and post-graduate education to faculty members; and to increase the financial stability of the school through debt reduction.”

Raw XML AppendixShowing 400 of 732 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01048699
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01065487
IRS990/AccountsReceivableGrp/BOYAmt033270
IRS990/AccountsReceivableGrp/EOYAmt0150191
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION - NON-PROFIT CHRISTIAN SCHOOL.
IRS990/AdvertisingGrp/FundraisingAmt050528
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03631
IRS990/AdvertisingGrp/ProgramServicesAmt05990
IRS990/AdvertisingGrp/TotalAmt060149
IRS990/AllOtherContributionsAmt07564495
IRS990/AllOtherExpensesGrp/FundraisingAmt0153867
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0-72141
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0290645
IRS990/AllOtherExpensesGrp/TotalAmt0372371
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PETER WELLMAN
IRS990/BooksInCareOfDetail/PhoneNum05616864244
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08401 BELVEDERE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST PALM BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033411
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04471892
IRS990/CashNonInterestBearingGrp/EOYAmt05700685
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0174116
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0469718
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0643834
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt012037
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0100172
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0106424
IRS990/ConferencesMeetingsGrp/TotalAmt0218633
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CostOfGoodsSoldAmt0349408
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07564495
IRS990/CYGrantsAndSimilarPaidAmt06206446
IRS990/CYInvestmentIncomeAmt0546889
IRS990/CYOtherExpensesAmt012654340
IRS990/CYOtherRevenueAmt0117519
IRS990/CYProgramServiceRevenueAmt028381432
IRS990/CYRevenuesLessExpensesAmt04817457
IRS990/CYSalariesCompEmpBnftPaidAmt012932092
IRS990/CYTotalExpensesAmt031792878
IRS990/CYTotalFundraisingExpenseAmt0745220
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt036610335
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt04372610
IRS990/DeferredRevenueGrp/EOYAmt05096161
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt017169
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0160107
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02580610
IRS990/DepreciationDepletionGrp/TotalAmt02757886
IRS990/Desc0COMPREHENSIVE EDUCATION PROGRAM - PRESCHOOL THROUGH GRADE TWELVE, SERVING APPROXIMATELY 1,400 STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04278487
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt010395492
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0436
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt028470273
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt061572
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt061572
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt78703
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt910867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1022877
IRS990/Form990PartVIISectionAGrp/PersonNm0DR CLYDE S MECKSTROTH
IRS990/Form990PartVIISectionAGrp/PersonNm1JERRY Y BELL
IRS990/Form990PartVIISectionAGrp/PersonNm2ERIC ENGSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm3MEG PERCY
IRS990/Form990PartVIISectionAGrp/PersonNm4ED AIELLO
IRS990/Form990PartVIISectionAGrp/PersonNm5SHERYL MASI
IRS990/Form990PartVIISectionAGrp/PersonNm6ALBREY ARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm7RANDAL MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm8STEVE RASMUSSEN
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFF M LOVELAND
IRS990/Form990PartVIISectionAGrp/PersonNm10DOUGLAS RAINES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7294615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9167677
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10159475
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT & HEADMASTER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0330948
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt06206446
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt06206446
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt06206446
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0330948
IRS990/GrossReceiptsAmt036959743
IRS990/GrossSalesOfInventoryAmt0466927
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0536
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04883
IRS990/InformationTechnologyGrp/ProgramServicesAmt0113348
IRS990/InformationTechnologyGrp/TotalAmt0118767
IRS990/InsuranceGrp/FundraisingAmt02216
IRS990/InsuranceGrp/ManagementAndGeneralAmt020661
IRS990/InsuranceGrp/ProgramServicesAmt0483876
IRS990/InsuranceGrp/TotalAmt0506753
IRS990/InterestGrp/FundraisingAmt04238
IRS990/InterestGrp/ManagementAndGeneralAmt039525
IRS990/InterestGrp/ProgramServicesAmt0637058
IRS990/InterestGrp/TotalAmt0680821
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0292295
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0238816
IRS990/InvestmentIncomeGrp/ExclusionAmt0215941
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0215941
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06578241
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt010590721
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt093
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026004514
IRS990/LandBldgEquipBasisNetGrp/BOYAmt042916418
IRS990/LandBldgEquipBasisNetGrp/EOYAmt042438735
IRS990/LandBldgEquipCostOrOtherBssAmt068443249
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE KING'S ACADEMY EXISTS TO ASSIST THE HOME AND CHURCH IN THEIR ENDEAVOR TO "TRAIN UP A CHILD IN THE WAY HE SHOULD GO" (PROVERBS 22:6). ITS MISSION IS TO SHARE SALVATION THROUGH JESUS CHRIST AND TO GRADUATE CHRISTIAN LEADERS WHO SEEK TO IMPACT THEIR WORLD FOR THE KING OF KINGS THROUGH ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02585715
IRS990/NetAssetsOrFundBalancesBOYAmt029135410
IRS990/NetAssetsOrFundBalancesEOYAmt032371968
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0330948
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0330948
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0117519
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0117519
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-79093
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt024856923
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt021976476
IRS990/NoncashContributionsAmt039038
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt011118
IRS990/OccupancyGrp/ManagementAndGeneralAmt0103677
IRS990/OccupancyGrp/ProgramServicesAmt03135730
IRS990/OccupancyGrp/TotalAmt03250525
IRS990/OfficeExpensesGrp/FundraisingAmt077733
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt063622
IRS990/OfficeExpensesGrp/ProgramServicesAmt074550
IRS990/OfficeExpensesGrp/TotalAmt0215905
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt046714
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024092
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01165181
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01235987
IRS990/OtherExpensesGrp/Desc0THEATRE PRODUCTION
IRS990/OtherExpensesGrp/Desc1SCHOOL SUPPLIES, MATERI
IRS990/OtherExpensesGrp/Desc2FOOD EXPENSE
IRS990/OtherExpensesGrp/Desc3ATHLETICS
IRS990/OtherExpensesGrp/FundraisingAmt0251
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0142152
IRS990/OtherExpensesGrp/ProgramServicesAmt01513788
IRS990/OtherExpensesGrp/ProgramServicesAmt11180123
IRS990/OtherExpensesGrp/ProgramServicesAmt2978870
IRS990/OtherExpensesGrp/ProgramServicesAmt3477540
IRS990/OtherExpensesGrp/TotalAmt01513788
IRS990/OtherExpensesGrp/TotalAmt11322526
IRS990/OtherExpensesGrp/TotalAmt2978870
IRS990/OtherExpensesGrp/TotalAmt3477540
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01944980
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0144888
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01231273
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08131029
IRS990/OtherSalariesAndWagesGrp/TotalAmt09507190
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt049809
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0224441
IRS990/PayrollTaxesGrp/ProgramServicesAmt01270831
IRS990/PayrollTaxesGrp/TotalAmt01545081
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0175006
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144772
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0429583
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0421818
IRS990/PrincipalOfficerNm0RANDAL MARTIN
IRS990/PriorPeriodAdjustmentsAmt0-1501806
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0ACADEMIC PROGRAM TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1AUXILIARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026777812
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11603620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026777812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11603620
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03215627
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04359791
IRS990/PYInvestmentIncomeAmt0196333
IRS990/PYOtherExpensesAmt012286797
IRS990/PYOtherRevenueAmt0-51781
IRS990/PYProgramServiceRevenueAmt027977895
IRS990/PYRevenuesLessExpensesAmt03461475
IRS990/PYSalariesCompEmpBnftPaidAmt011230011
IRS990/PYTotalExpensesAmt027876599
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt031338074
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04817457
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028498951
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0221141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.12000
IRS990ScheduleD/BuildingsGrp/BookValueAmt032355305
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013701227
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt046056532
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04961319
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt08557195
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011818719
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0334281
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02034076
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02506440
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02911661
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04961319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0220357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0677139
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03110185
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01850929
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02506440
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0202511
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02657185
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02124219
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01952509
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03110185
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0100468
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01067011
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt038636
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04099815
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01288699
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02124219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt045712
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt098992
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03278939
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01796799
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02991171
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04787970
IRS990ScheduleD/ExpensesNotReportedAmt0349408
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06268018
IRS990ScheduleD/ExpensesSubtotalAmt025524860
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt061572
IRS990ScheduleD/InvestmentExpensesNotIncldAmt061572
IRS990ScheduleD/LandGrp/BookValueAmt04354419
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04354419
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-79093
IRS990ScheduleD/OtherExpensesIncludedAmt0349408
IRS990ScheduleD/OtherExpensesNotIncludedAmt06206446
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03932212
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09312116

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,685,738
Liabilities
$27,313,770
Net assets
$32,371,968
Revenue
$36,610,335
Expenses
$31,792,878
Net income
$4,817,457
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$87.3$30.4$56.9$56.2$52.9$3.29
2024Detailed filing. Detailed filing data is available for this year.$85.0$32.0$52.9$50.0$46.4$3.51
2023Detailed filing. Detailed filing data is available for this year.$77.8$29.8$48.0$45.8$41.9$3.87
2022Detailed filing. Detailed filing data is available for this year.$71.5$29.3$42.2$41.1$34.8$6.29
2021Detailed filing. Detailed filing data is available for this year.$66.8$27.8$39.0$35.6$30.6$5.02
2020Detailed filing. Detailed filing data is available for this year.$59.7$27.3$32.4$36.6$31.8$4.82
2019Detailed filing. Detailed filing data is available for this year.$55.1$26.0$29.1$31.3$27.9$3.46
2018Detailed filing. Detailed filing data is available for this year.$51.9$26.5$25.3$28.3$27.0$1.27
2017Detailed filing. Detailed filing data is available for this year.$50.1$26.4$23.6$26.9$24.7$2.11
2016Detailed filing. Detailed filing data is available for this year.$45.0$23.9$21.0$23.0$21.3$1.68
2015Detailed filing. Detailed filing data is available for this year.$43.2$23.4$19.8$23.5$21.4$2.17
2014Detailed filing. Detailed filing data is available for this year.$41.9$24.3$17.6$19.8$19.4$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.3$24.0$17.3$18.3
2012Summary only. Only limited summary data is available for this year.$41.7$25.0$16.7$14.4$15.2$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.4$24.7$17.6$14.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.6$25.5$17.1$13.3