AI Transparency Report
Kings Academy Christian School demonstrates consistent growth in revenue and expenses over the past decade, with its latest reported revenue at $2,089,230. The organization appears to operate with a lean administrative structure, as indicated by 0% officer compensation across all reported periods, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990. While the organization has shown consistent growth, the latest filing period (202406) shows expenses ($2,026,260) exceeding revenue ($1,887,048), resulting in a deficit for that year. This trend, if continued, could impact long-term financial stability, despite overall asset growth from $90,660 in 2015 to $395,061 in 2024.
The organization's financial health shows a pattern of operating close to its revenue levels, with modest surpluses in most years, but also occasional deficits. The NTEE code B20 indicates a focus on elementary and secondary education, which aligns with the 'Christian School' in its name. The absence of reported officer compensation is a significant factor in its spending efficiency, as it frees up resources that would otherwise go to executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent filing of 990s over 14 periods indicates a commitment to regulatory transparency.
Overall, Kings Academy Christian School appears to be a growing educational institution with a strong program focus, evidenced by its consistent operational spending and lack of reported officer compensation. While the recent deficit in the 202406 period warrants monitoring, the organization has historically managed its finances to support its mission. Further transparency regarding the allocation of non-program expenses would enhance understanding of its operational efficiency.