Civic Intelligence

The King'S Academy

990 • Fiscal year 2013 • EIN 77-0287771

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 28, 2014

562 Britton Avenue94085
Siviq Scores

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

Liabilities / Assets

71st percentile

0.51x

Higher debt load relative to assets than 71% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$10,823,526

Up $1,214,103 (+13%) from 2012

Net Assets

Down

$5,281,056

Down $2,191,930 (-29%) from 2012

Liabilities

Up

$5,542,470

Up $3,406,033 (+159%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$15,805,945

Up $2,037,345 (+15%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2011: $8,991,205Liabilities 2011: $2,297,361Net Assets 2011: $6,693,8442011Assets 2012: $9,609,423Liabilities 2012: $2,136,437Net Assets 2012: $7,472,9862012Assets 2013: $10,823,526Liabilities 2013: $5,542,470Net Assets 2013: $5,281,0562013Assets 2014: $12,414,847Liabilities 2014: $6,844,218Net Assets 2014: $5,570,6292014Assets 2015: $11,316,877Liabilities 2015: $6,654,469Net Assets 2015: $4,662,4082015Assets 2016: $13,856,088Liabilities 2016: $8,750,468Net Assets 2016: $5,105,6202016Assets 2017: $13,740,319Liabilities 2017: $7,968,615Net Assets 2017: $5,771,7042017Assets 2018: $14,940,168Liabilities 2018: $8,710,389Net Assets 2018: $6,229,7792018Assets 2019: $18,120,927Liabilities 2019: $10,103,460Net Assets 2019: $8,017,4672019Assets 2020: $20,182,916Liabilities 2020: $11,346,393Net Assets 2020: $8,836,5232020Assets 2021: $23,661,038Liabilities 2021: $10,559,816Net Assets 2021: $13,101,2222021Assets 2022: $24,271,616Liabilities 2022: $10,986,793Net Assets 2022: $13,284,8232022Assets 2023: $66,991,676Liabilities 2023: $53,604,504Net Assets 2023: $13,387,1722023Assets 2024: $70,081,131Liabilities 2024: $54,100,890Net Assets 2024: $15,980,2412024

Highlighted filing

2013

Assets$10,823,526
Liabilities$5,542,470
Net Assets$5,281,056

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $12,822,3402011Expenses 2012: $13,768,6002012Expenses 2013: $15,805,9452013Revenue 2014: $17,208,172Expenses 2014: $17,144,677Net Income 2014: $63,4952014Revenue 2015: $17,414,177Expenses 2015: $18,170,702Net Income 2015: -$756,5252015Revenue 2016: $19,096,740Expenses 2016: $18,810,309Net Income 2016: $286,4312016Revenue 2017: $20,659,664Expenses 2017: $19,813,227Net Income 2017: $846,4372017Revenue 2018: $21,531,993Expenses 2018: $20,820,497Net Income 2018: $711,4962018Revenue 2019: $23,959,869Expenses 2019: $22,172,007Net Income 2019: $1,787,8622019Revenue 2020: $23,101,314Expenses 2020: $22,480,530Net Income 2020: $620,7842020Revenue 2021: $24,460,858Expenses 2021: $20,893,990Net Income 2021: $3,566,8682021Revenue 2022: $25,841,154Expenses 2022: $23,901,093Net Income 2022: $1,940,0612022Revenue 2023: $26,148,757Expenses 2023: $25,986,262Net Income 2023: $162,4952023Revenue 2024: $31,626,978Expenses 2024: $29,821,286Net Income 2024: $1,805,6922024

Highlighted filing

2013

Revenue-
Expenses$15,805,945
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jan 28, 2014
Return Version
2012v2.1
Gross Receipts
$17,950,804
Mission and Program Overview

Mission

The king's academy is a christ-centered college preparatory middle and senior high school for students who have teachable hearts and coachable spirits. We offer a loving, family environment where students are encouraged to grow in their relationships with jesus, their family, teachers and others. We are committed to developing god's best for each student spiritually, academically, morally and socially through every program and activity.

Major Activities

Activity 2
Auxiliary: -spiritual life and community service: the king's academy differs from other schools in that everything at tka is designed to bring students closer to god, to create strong relationships between students and staff, and to build christian servant leaders. The entire student body has daily opportunities to mature spiritually through home groups, retreats, chapels, clubs, peer groups, and mentoring. Organized service trips to places including mexico, africa, philippines, ecuador, costa rica, czech republic, kentucky, los angeles, and san francisco provide high school students with life-changing opportunities to serve those in need throughout our world community.-visual and performing arts: well known throughout the bay area, the king's academy's visual and performing arts (vpa) department seeks to honor god through developing students' creative gifts and offering an environment where they can share those gifts with the world. The vpa environment fosters creativity and confidence as students develop their musical, artistic, and dramatic skills. This department currently offers classes in vocal and instrumental music, studio art, drama, dance, film studies, and ceramics. The work of the students is displayed in exhibits, workshops, concerts, and stage performances.
Activity 3
Athletics- the king's academy athletic program desires to "pursue victory with honor" and to compete with pride, hustle, desire and humility. Tka aims to compete at the ccs championship level each year. Last year, 11 out of 17 varsity teams qualified for ccs playoffs, and girls soccer and boys diving won the ccs championships. The king's academy fields 58 athletic teams each year: high school sports include junior varsity and varsity boys and girls volleyball, soccer, cross country, track, swimming and diving, basketball and tennis; boys football, baseball, golf and wrestling; and girls fast-pitch softball and water polo. Junior high sports(both boys & girls unless indicated) include boys flag football, cross country, swim meets, girls fast pitch softball, basketball, soccer, volleyball, boys baseball, tennis, track & field.
Filing and Contact Details

Filer

EIN
77-0287771
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IRS990/Activity2/Description0AUXILIARY: -SPIRITUAL LIFE AND COMMUNITY SERVICE: THE KING'S ACADEMY DIFFERS FROM OTHER SCHOOLS IN THAT EVERYTHING AT TKA IS DESIGNED TO BRING STUDENTS CLOSER TO GOD, TO CREATE STRONG RELATIONSHIPS BETWEEN STUDENTS AND STAFF, AND TO BUILD CHRISTIAN SERVANT LEADERS. THE ENTIRE STUDENT BODY HAS DAILY OPPORTUNITIES TO MATURE SPIRITUALLY THROUGH HOME GROUPS, RETREATS, CHAPELS, CLUBS, PEER GROUPS, AND MENTORING. ORGANIZED SERVICE TRIPS TO PLACES INCLUDING MEXICO, AFRICA, PHILIPPINES, ECUADOR, COSTA RICA, CZECH REPUBLIC, KENTUCKY, LOS ANGELES, AND SAN FRANCISCO PROVIDE HIGH SCHOOL STUDENTS WITH LIFE-CHANGING OPPORTUNITIES TO SERVE THOSE IN NEED THROUGHOUT OUR WORLD COMMUNITY.-VISUAL AND PERFORMING ARTS: WELL KNOWN THROUGHOUT THE BAY AREA, THE KING'S ACADEMY'S VISUAL AND PERFORMING ARTS (VPA) DEPARTMENT SEEKS TO HONOR GOD THROUGH DEVELOPING STUDENTS' CREATIVE GIFTS AND OFFERING AN ENVIRONMENT WHERE THEY CAN SHARE THOSE GIFTS WITH THE WORLD. THE VPA ENVIRONMENT FOSTERS CREATIVITY AND CONFIDENCE AS STUDENTS DEVELOP THEIR MUSICAL, ARTISTIC, AND DRAMATIC SKILLS. THIS DEPARTMENT CURRENTLY OFFERS CLASSES IN VOCAL AND INSTRUMENTAL MUSIC, STUDIO ART, DRAMA, DANCE, FILM STUDIES, AND CERAMICS. THE WORK OF THE STUDENTS IS DISPLAYED IN EXHIBITS, WORKSHOPS, CONCERTS, AND STAGE PERFORMANCES.
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IRS990/MissionDescription0THE KING'S ACADEMY IS A CHRIST-CENTERED COLLEGE PREPARATORY MIDDLE AND SENIOR HIGH SCHOOL FOR STUDENTS WHO HAVE TEACHABLE HEARTS AND COACHABLE SPIRITS. WE OFFER A LOVING, FAMILY ENVIRONMENT WHERE STUDENTS ARE ENCOURAGED TO GROW IN THEIR RELATIONSHIPS WITH JESUS, THEIR FAMILY, TEACHERS AND OTHERS. WE ARE COMMITTED TO DEVELOPING GOD'S BEST FOR EACH STUDENT SPIRITUALLY, ACADEMICALLY, MORALLY AND SOCIALLY THROUGH EVERY PROGRAM AND ACTIVITY.
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IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0611110
IRS990/ProgramServiceRevenue/BusinessCode1611110
IRS990/ProgramServiceRevenueCY014518749
IRS990/ProgramServiceRevenue/Description0TUITION AND FEE INCOME
IRS990/ProgramServiceRevenue/Description1AUXILIARY INCOME
IRS990/ProgramServiceRevenuePriorYear013109468
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome013740024
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1778725
IRS990/ProgramServiceRevenue/TotalRevenueColumn013740024
IRS990/ProgramServiceRevenue/TotalRevenueColumn1778725
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationPriorAdjustment0-2372838
IRS990/ReconcilationRevenueExpenses0256132
IRS990/ReconciliationUnrealizedInvest0-272709
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/RentalIncomeOrLoss/Real0156413
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/Revenue013591149
IRS990/RevenuesLessExpensesCY0256132
IRS990/RevenuesLessExpensesPriorYear0522882
IRS990/SalariesEtcCurrentYear08631716
IRS990/SalariesEtcPriorYear08440689
IRS990/SavingsAndTempCashInvestments/BOY0988558
IRS990/SavingsAndTempCashInvestments/EOY01055945
IRS990ScheduleA/School170b1Aii0X
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue0684602
IRS990ScheduleD/Buildings/Depreciation0278266
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0962868
IRS990ScheduleD/Equipment/BookValue0645275
IRS990ScheduleD/Equipment/Depreciation01011628
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis01656903
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt0862155
IRS990ScheduleD/ExpensesSubtotal014942758
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS AND WILL RECOGNIZE A LOSS CONTINGENCY WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. AS OF JUNE 30, 2013, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1SCHOLARSHIPS RECORDED IN THE FINANCIAL STATEMENTS AS NET OF REVENUES 506,806. FINANCIAL AID RECORDED IN THE FINANCIAL STATEMENTS AS NET OF REVENUES 355,349.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2SCHOLARSHIPS RECORDED IN THE FINANCIAL STATEMENTS AS NET OF REVENUES 506,806. FINANCIAL AID RECORDED IN THE FINANCIAL STATEMENTS AS NET OF REVENUES 355,349.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/LeaseholdImprovements/BookValue01321005
IRS990ScheduleD/LeaseholdImprovements/Depreciation02387492
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis03708497
IRS990ScheduleD/NetUnrealizedGainsInvestments0-272709
IRS990ScheduleD/OtherExpensesNotIncluded0862155
IRS990ScheduleD/OtherLandBuildings/BookValue0227884
IRS990ScheduleD/OtherLandBuildings/Depreciation0347386
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0575270
IRS990ScheduleD/OtherLiabilities/Amount02724452
IRS990ScheduleD/OtherLiabilities/Amount161040
IRS990ScheduleD/OtherLiabilities/Description0DEFERRED RENT
IRS990ScheduleD/OtherLiabilities/Description1CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherRevenuesNotIncluded0862155
IRS990ScheduleD/OtherSecurities/BookValue06270811
IRS990ScheduleD/OtherSecurities/Description0INVESTMENTS/BONDS
IRS990ScheduleD/OtherSecurities/MethodOfValuation0F
IRS990ScheduleD/RevenueNotRptdF9900-272709
IRS990ScheduleD/RevenueNotRptdOnFinStmt0862155
IRS990ScheduleD/RevenueSubtotal015198890
IRS990ScheduleD/TotalExpensesPerForm990015804913
IRS990ScheduleD/TotalOfAmounts02785492
IRS990ScheduleD/TotalOfBookValueLandBuildings02878766
IRS990ScheduleD/TotalOfBookValueSecurities06270811
IRS990ScheduleD/TotalRevenuePerForm990016061045
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt014942758
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt014926181
IRS990ScheduleE/ComplianceWithRevProc755001
IRS990ScheduleE/DiscriminateRaceAdmissPolicies00
IRS990ScheduleE/DiscriminateRaceAthleticProg00
IRS990ScheduleE/DiscriminateRaceEducPolicies00
IRS990ScheduleE/DiscriminateRaceEmplmnFaculty00
IRS990ScheduleE/DiscriminateRaceOtherActy00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$70.1$54.1$16.0$31.6$29.8$1.81
2023Detailed filing. Detailed filing data is available for this year.$67.0$53.6$13.4$26.1$26.0$0.16
2022Detailed filing. Detailed filing data is available for this year.$24.3$11.0$13.3$25.8$23.9$1.94
2021Detailed filing. Detailed filing data is available for this year.$23.7$10.6$13.1$24.5$20.9$3.57
2020Detailed filing. Detailed filing data is available for this year.$20.2$11.3$8.84$23.1$22.5$0.62
2019Detailed filing. Detailed filing data is available for this year.$18.1$10.1$8.02$24.0$22.2$1.79
2018Detailed filing. Detailed filing data is available for this year.$14.9$8.71$6.23$21.5$20.8$0.71
2017Detailed filing. Detailed filing data is available for this year.$13.7$7.97$5.77$20.7$19.8$0.85
2016Detailed filing. Detailed filing data is available for this year.$13.9$8.75$5.11$19.1$18.8$0.29
2015Detailed filing. Detailed filing data is available for this year.$11.3$6.65$4.66$17.4$18.2$0.76
2014Detailed filing. Detailed filing data is available for this year.$12.4$6.84$5.57$17.2$17.1$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$5.54$5.28$15.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.61$2.14$7.47$13.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.99$2.30$6.69$12.8