AI Transparency Report
Kingdom Kids Christian Academy demonstrates consistent growth in revenue and expenses over the past decade, indicating an expanding operational scope. For instance, revenue grew from $190,521 in 2013 to $763,194 in 2023. The organization consistently reports zero liabilities in recent years (2020-2023), suggesting sound financial management and a lack of significant debt. Their asset base, while fluctuating, has shown an upward trend, reaching $36,563 in 2023, which is positive for long-term stability. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears strong, with expenses generally tracking closely to revenue, indicating that most incoming funds are being utilized for operations rather than accumulating large surpluses or deficits. For example, in 2023, expenses were $726,631 against revenues of $763,194. The absence of reported officer compensation further enhances the perception of efficiency, as a larger portion of funds can be allocated to program services. The organization's consistent filing history over 12 periods also points to a commitment to regulatory compliance and transparency.
Overall, Kingdom Kids Christian Academy appears to be in good financial health, characterized by steady growth, minimal liabilities, and a strong commitment to transparency regarding executive compensation. The close alignment of expenses to revenue suggests efficient use of funds, and the consistent filing of IRS Form 990s provides a clear financial record for public scrutiny.