Civic Intelligence

The King'S University

990 • Fiscal year 2015 • EIN 95-4663290

Aug 01, 2014 to Jul 31, 2015 • Filed on Jun 15, 2016

Organization Profilewww.tku.edu
2121 East Southlake BlvdSouthlake, TX 76092

(817) 552-3700

Siviq Scores

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

Liabilities / Assets

36th percentile

0.12x

Higher debt load relative to assets than 36% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.06x

Higher debt load relative to revenue than 18% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

62nd percentile

6.6%

Higher net margin than 62% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

53rd percentile

$180,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

75th percentile

9.7%

Faster asset growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

84th percentile

27%

Faster revenue growth than 84% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$5,562,266

Up $493,350 (+9.7%) from 2014

Net Assets

Up

$4,920,783

Up $712,733 (+17%) from 2014

Liabilities

Down

$641,483

Down $219,383 (-25%) from 2014

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin62nd percentile

Revenue

Up

$10,744,277

Up $2,298,085 (+27%) from 2014

Expenses

Up

$10,030,434

Up $1,075,491 (+12%) from 2014

Net Income

Up

$713,843

Up $1,222,594 (+240%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $19,243,092Liabilities 2011: $14,414,481Net Assets 2011: $4,828,6112011Assets 2012: $5,566,063Liabilities 2012: $355,285Net Assets 2012: $5,210,7782012Assets 2013: $5,646,503Liabilities 2013: $648,442Net Assets 2013: $4,998,0612013Assets 2014: $5,068,916Liabilities 2014: $860,866Net Assets 2014: $4,208,0502014Assets 2015: $5,562,266Liabilities 2015: $641,483Net Assets 2015: $4,920,7832015Assets 2016: $6,060,357Liabilities 2016: $724,475Net Assets 2016: $5,335,8822016Assets 2017: $7,229,947Liabilities 2017: $1,062,725Net Assets 2017: $6,167,2222017Assets 2018: $8,669,828Liabilities 2018: $1,361,599Net Assets 2018: $7,308,2292018Assets 2020: $11,657,015Liabilities 2020: $821,893Net Assets 2020: $10,835,1222020Assets 2021: $15,085,733Liabilities 2021: $1,205,369Net Assets 2021: $13,880,3642021Assets 2022: $13,835,160Liabilities 2022: $1,140,577Net Assets 2022: $12,694,5832022Assets 2023: $15,798,181Liabilities 2023: $1,538,480Net Assets 2023: $14,259,7012023Assets 2024: $15,678,973Liabilities 2024: $904,432Net Assets 2024: $14,774,5412024

Highlighted filing

2015

Assets$5,562,266
Liabilities$641,483
Net Assets$4,920,783
Open 2015 Filing

Operations Trend

Revenue Growth84th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $13,589,9592011Expenses 2012: $4,606,7522012Expenses 2013: $6,118,5392013Revenue 2014: $8,446,192Expenses 2014: $8,954,943Net Income 2014: -$508,7512014Revenue 2015: $10,744,277Expenses 2015: $10,030,434Net Income 2015: $713,8432015Revenue 2016: $10,471,425Expenses 2016: $10,034,338Net Income 2016: $437,0872016Revenue 2017: $9,487,332Expenses 2017: $8,762,064Net Income 2017: $725,2682017Revenue 2018: $8,916,675Expenses 2018: $7,767,424Net Income 2018: $1,149,2512018Revenue 2020: $12,493,410Expenses 2020: $9,713,692Net Income 2020: $2,779,7182020Revenue 2021: $12,314,584Expenses 2021: $10,610,609Net Income 2021: $1,703,9752021Revenue 2022: $11,647,634Expenses 2022: $11,601,781Net Income 2022: $45,8532022Revenue 2023: $11,776,123Expenses 2023: $11,290,810Net Income 2023: $485,3132023Revenue 2024: $9,305,463Expenses 2024: $10,412,464Net Income 2024: -$1,107,0012024

Highlighted filing

2015

Revenue$10,744,277
Expenses$10,030,434
Net Income$713,843
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jun 15, 2016
Return Version
2014v6.0
Gross Receipts
$11,887,587
Mission and Program Overview

Mission

The King's University is a Spirit-filled evangelical institution of higher education, dedicated to the preparation of men and women for effective leadership and Christ-like servanthood.

Prepare and educate men and women for effective leadership and Christ-like servanthood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,002,874$2,511,867▼ $491,007
Cash and Non-Interest-Bearing Accounts$693,753$1,695,999▲ $1,002,246
Accounts Receivable$372,301$493,019▲ $120,718
Land, Buildings, and Equipment, Net$584,231$469,339▼ $114,892
Investments Other Securities$178,994$247,762▲ $68,768
Pledges and Grants Receivable$167,000$86,500▼ $80,500
Prepaid Expenses and Deferred Charges$69,763$57,780▼ $11,983
Total Assets$5,068,916$5,562,266▲ $493,350
Liabilities
Accounts Payable and Accrued Expenses$573,002$284,189▼ $288,813
Deferred Revenue$93,006$191,950▲ $98,944
Other Liabilities$194,858$165,344▼ $29,514
Total Liabilities$860,866$641,483▼ $219,383
Net Assets / Fund Balance
Unrestricted Net Assets$1,964,207$2,749,190▲ $784,983
Permanently Rstr Net Assets$1,557,243$1,557,243→ $0
Temporarily Rstr Net Assets$686,600$614,350▼ $72,250
Total Net Assets Fund Balance$4,208,050$4,920,783▲ $712,733
Total Liabilities and Net Assets / Fund Balance$5,068,916$5,562,266▲ $493,350

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$147,827$2,207,777$2,355,604
Equipment$149,163$636,624$785,787
Leasehold Improvements$172,349$588,599$760,948

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,908,202-▲ $85,341$4,800$1,988,743
2013$1,995,404-▲ $220,838$308,040$1,908,202
2012$1,836,941$74,265▲ $289,820$205,632$1,995,394
2011$1,823,266$1,050▲ $42,165$29,540$1,836,941
2010$1,600,833$11,105▲ $235,823$24,495$1,823,266
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Jack HayfordChancellorPT$180,000-$180,000
Dr Pete SanchezVP AcademicsFT-$104,265$104,265
Dr John SpurlingPresident/COO/CFOFT$6,354$80,686$87,040
Dr David ColeVP Student DevelopmentFT-$53,195$53,195

Board Members and Trustees

NameTitle
Dr Robert MorrisChairman
Dr Kenneth UlmerVice Chair/Trustee
Dan HicksTrustee
Dennis NewmanTrustee
Dr Danny CarrollTrustee
Dr Fred CassityTrustee
Dr Howard KaloogianTrustee
Dr Jack YoungTrustee
Dr Stephen StrangTrustee
Dr Sterling BrackettTrustee
Dr Steve RiggleTrustee
Larry DantzlerTrustee
Pastor Kevin GroveTrustee
Pastor Tom LaneTrustee
Rev Robert StearnsTrustee
Tim RobertsonTrustee
Dr Bert BoeckmannTrustee (Part year)
Dr Jane BoeckmannTrustee (Part year)
Lee S JohnsonSecretary
Tom McClainVP Operations & Support

Highest Paid Contractors

ContractorServicesLocationCompensation
Lee MimmsDonor relations consultant; advisor to m3909 Via Picaposte, Palos Verdes Estates, CA 90274$100,883
Revenue and Support

Revenue Composition

Contributions and Grants
$4,823,580
Program Service Revenue
$5,843,867
Investment Income
$122,695
Other Revenue
$-45,865
All Other Contributions
$4,668,882
Change in Net Assets
$713,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,345,525
Other Expenses$3,270,852
Salaries, Compensation, and Employee Benefits$378,057
Total Fundraising Expense$160,524
Professional Fundraising Fees$36,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,900,223--$5,900,223
Fees for Services Other$138,792$629,355$50,004$818,151
Grants to Domestic Individuals$445,302--$445,302
Office Expenses$73,295$350,357$15,251$438,903
Occupancy$195,399$161,338-$356,737
Fees for Services Legal-$169,085-$169,085
Travel$27,745$128,343$9,819$165,907
Information Technology$72,688$88,472-$161,160
Depreciation Depletion$72,115$52,782-$124,897
Pension Plan Contributions$66,009$57,461-$123,470
Advertising-$120,820-$120,820
Current Officers, Directors, Trustees, and Key Employees$5,715$110,715$1,812$118,242
Other Employee Benefits$5,057$66,698$33,457$105,212
Fees for Services Accounting-$87,075-$87,075
Insurance-$50,336-$50,336
Other Expenses$42,677$4,775-$47,452
All Other Expenses$9,403$35,158-$44,561
Fees for Services Professional Fundraising--$36,000$36,000
Other Salaries and Wages-$15,902$14,181$30,083
Conferences and Meetings$2,107$13,425-$15,532
Fees for Service Investment Mgmnt Fees-$15,381-$15,381
Comp Disqual Persons$1,050--$1,050
Interest-$255-$255
Total Functional Expenses$7,388,667$2,481,243$160,524$10,030,434
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The King's UniversitySouthlake, TX501 (c) 3Fund payroll for shared employees$5,900,223

International Summary

Offices
0
Employees
0
Spending
$56,796

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServiceStudent trip00$56,796
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$73,151
Professional Fundraising Fees$36,000
Fundraising Gross Income$22,376

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$119,531$20,933$7,208$13,725
Donor Dinner$22,970$1,443$12,002$-10,559
Total Events$142,501$22,376$73,151$-50,775
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuity obligations$102,868
Trust liability$62,476
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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 A, line 2

“Trustees Bert and Jane Boeckmann have a family relationship.”

Form 990, Part VI, Section B, line 11

“The Form 990 is prepared by an independent CPA firm and is first reviewed by the Director of Finance and President. A full copy of the 990 is then provided to the board members prior to being filed.”

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

“The conflict of interest policy requires each trustee to disclose actual or possible conflicts of interest on an annual basis. The Executive Team, which consists of the President and two Vice Presidents, evaluates each disclosure to determine if an actual conflict exists; in the case that a member of the Executive Team is involved in the disclosure, the Board will make the determination. Following the disclosure, the responsible person recuses him or herself from the discussion and vote on the transaction or arrangement involving the possible conflict of interest. The Chairperson has the authority to appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After excercising due diligence, the Board and/or Executive Team shall determine whether the university can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.”

Form 990, Part VI, Section B, line 15

“Compensation for the President and other officers is determined by the Executive Committee of the Board. Comparability data is examined annually, including Form 990s from similar universities. Compensation deliberations are recorded in the board minutes.”

Form 990, Part VI, Section C, line 19

“The organization's conflict of interest policiy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The King's University
EIN
95-4663290
Phone
8175523700
Address
2121 East Southlake Blvd, Southlake, TX 76092

Signing Officer

Name
Dr John Spurling
Title
President
Phone
8175523700
Signed
2016-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr John Spurling
Formed
1997
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
16
Employees
58
Volunteers
18

Preparer

Firm
Capin Crouse LLP
Address
1000 Texan Trail STE 125, Grapevine, TX 76051
Preparer
David C Moja
Phone
8173286510
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in value of split interest agreement -7,251.”

990, Part XII, Line 2C:

“The Board of Trustees assumes responsibility for oversight of the audit of its financial statements and selection of the independent accounting firm used. This process has not changed since the prior year.”

Financial Statement Notes

Part V, Line 4:

“The endowment funds are used for the funding of a professorial chair and scholarships.”

Part X, Line 2:

“The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of July 31, 2015, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University files information tax returns in the U.S. and various states. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012.”

Raw XML AppendixShowing 400 of 826 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.

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1973388
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2133861
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt226264
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Jack Hayford
IRS990/Form990PartVIISectionAGrp/PersonNm1Dr Robert Morris
IRS990/Form990PartVIISectionAGrp/PersonNm2Dr Kenneth Ulmer
IRS990/Form990PartVIISectionAGrp/PersonNm3Dr Steve Riggle
IRS990/Form990PartVIISectionAGrp/PersonNm4Dr Bert Boeckmann
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Jane Boeckmann
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Sterling Brackett
IRS990/Form990PartVIISectionAGrp/PersonNm7Dr Danny Carroll
IRS990/Form990PartVIISectionAGrp/PersonNm8Dr Fred Cassity
IRS990/Form990PartVIISectionAGrp/PersonNm9Larry Dantzler
IRS990/Form990PartVIISectionAGrp/PersonNm10Dan Hicks
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Howard Kaloogian
IRS990/Form990PartVIISectionAGrp/PersonNm12Dennis Newman
IRS990/Form990PartVIISectionAGrp/PersonNm13Tim Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm14Rev Robert Stearns
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr Stephen Strang
IRS990/Form990PartVIISectionAGrp/PersonNm16Dr Jack Young
IRS990/Form990PartVIISectionAGrp/PersonNm17Pastor Tom Lane
IRS990/Form990PartVIISectionAGrp/PersonNm18Pastor Kevin Grove
IRS990/Form990PartVIISectionAGrp/PersonNm19Dr John Spurling
IRS990/Form990PartVIISectionAGrp/PersonNm20Lee S Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm21Dr Pete Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm22Dr David Cole
IRS990/Form990PartVIISectionAGrp/PersonNm23Tom McClain
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0180000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt196354
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt197298
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2170404
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2246931
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chancellor
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair/Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee (Part year)
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee (Part year)
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19President/COO/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt20Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP Academics
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP Student Development
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP Operations & Support
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0120125
IRS990/FundraisingDirectExpensesAmt073151
IRS990/FundraisingGrossIncomeAmt022376
IRS990/GainOrLossGrp/OtherAmt0-2482
IRS990/GainOrLossGrp/SecuritiesAmt064597
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt034573
IRS990/GrantAmt06345525
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0445302
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0445302
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05900223
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05900223
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt013230
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01099306
IRS990/GrossReceiptsAmt011887587
IRS990/GrossRentsGrp/RealAmt09000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt088472
IRS990/InformationTechnologyGrp/ProgramServicesAmt072688
IRS990/InformationTechnologyGrp/TotalAmt0161160
IRS990/InsuranceGrp/ManagementAndGeneralAmt050336
IRS990/InsuranceGrp/TotalAmt050336
IRS990/InterestGrp/ManagementAndGeneralAmt0255
IRS990/InterestGrp/TotalAmt0255
IRS990/InvestmentIncomeGrp/ExclusionAmt060580
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt060580
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0247762
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03002874
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02511867
IRS990/IRPDocumentCnt0287
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0469339
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The King's University is a Spirit-filled evangelical institution of higher education, dedicated to the preparation of men and women for effective leadership and Christ-like servanthood.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt062115
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt062115
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-50775
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-50775
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-10738
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-10738
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoncashContributionsAmt02657
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0161338
IRS990/OccupancyGrp/ProgramServicesAmt0195399
IRS990/OccupancyGrp/TotalAmt0356737
IRS990/OfficeExpensesGrp/FundraisingAmt015251
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0350357
IRS990/OfficeExpensesGrp/ProgramServicesAmt073295
IRS990/OfficeExpensesGrp/TotalAmt0438903
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-7251
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt033457
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066698
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05057
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0105212
IRS990/OtherExpensesGrp/Desc0Educational Programs
IRS990/OtherExpensesGrp/Desc1Bad debt expense

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,562,266
Liabilities
$641,483
Net assets
$4,920,783
Revenue
$10,744,277
Expenses
$10,030,434
Net income
$713,843
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.7$0.90$14.8$9.31$10.4$1.11
2023Detailed filing. Detailed filing data is available for this year.$15.8$1.54$14.3$11.8$11.3$0.49
2022Detailed filing. Detailed filing data is available for this year.$13.8$1.14$12.7$11.6$11.6$0.05
2021Detailed filing. Detailed filing data is available for this year.$15.1$1.21$13.9$12.3$10.6$1.70
2020Detailed filing. Detailed filing data is available for this year.$11.7$0.82$10.8$12.5$9.71$2.78
2018Summary only. Only limited summary data is available for this year.$8.67$1.36$7.31$8.92$7.77$1.15
2017Detailed filing. Detailed filing data is available for this year.$7.23$1.06$6.17$9.49$8.76$0.73
2016Detailed filing. Detailed filing data is available for this year.$6.06$0.72$5.34$10.5$10.0$0.44
2015Detailed filing. Detailed filing data is available for this year.$5.56$0.64$4.92$10.7$10.0$0.71
2014Detailed filing. Detailed filing data is available for this year.$5.07$0.86$4.21$8.45$8.95$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$0.65$5.00$6.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.36$5.21$4.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.2$14.4$4.83$13.6