Kings Collegiate Charter School
Kings Collegiate Charter School consistently operates with a surplus and growing assets.
EIN: 205733716 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6.3M |
| Program Spending | 85% |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Kings Collegiate Charter School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kings Collegiate Charter School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kings Collegiate Charter School
Kings Collegiate Charter School (EIN: 205733716) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kings Collegiate Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kings Collegiate Charter School is a mid-size nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$139K |
| Total Assets | $2.8M |
| Total Liabilities | $401K |
| Net Assets | $2.4M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2014, Kings Collegiate Charter School reported a surplus of $139K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 3 years of filings (2012–2014), Kings Collegiate Charter School's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +9.6% | +14.3% | +2.8% |
| 2013 | +14.5% | +10.5% | +17.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kings Collegiate Charter School with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kings Collegiate Charter School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $139K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Officer compensation was reported as 0% across all three filing periods, indicating that the organization's top leadership did not receive compensation directly from the organization during these years, which is unusual for an organization of this size and could imply compensation is covered by a related entity or through other means not reported as officer compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kings Collegiate Charter School's IRS 990 filings:
- 0% officer compensation reported, which is unusual for an organization with multi-million dollar revenues and could indicate compensation is paid by a related entity or not fully disclosed in this section.
Strengths
The following positive indicators were identified for Kings Collegiate Charter School:
- Consistent revenue growth, increasing from $5,143,101 in 2012 to $6,453,430 in 2014.
- Consistent operating surplus, with revenues exceeding expenses in all reported periods.
- Growing asset base, increasing from $2,280,149 in 2012 to $2,760,922 in 2014, indicating financial stability.
- Low liabilities relative to assets, with liabilities at $400,640 against assets of $2,760,922 in 2014.
Frequently Asked Questions about Kings Collegiate Charter School
Is Kings Collegiate Charter School a legitimate charity?
Kings Collegiate Charter School (EIN: 205733716) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 3 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kings Collegiate Charter School spend its money?
Kings Collegiate Charter School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kings Collegiate Charter School tax-deductible?
Kings Collegiate Charter School is registered as a tax-exempt nonprofit (EIN: 205733716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kings Collegiate Charter School's spending goes to programs?
Kings Collegiate Charter School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Kings Collegiate Charter School located?
Kings Collegiate Charter School is headquartered in Brooklyn, New York and files with the IRS under EIN 205733716.
How many years of IRS 990 filings does Kings Collegiate Charter School have?
Kings Collegiate Charter School has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Kings Collegiate Charter School a good charity?
Based on the provided financial data, Kings Collegiate Charter School appears to be a financially sound organization, consistently operating with a surplus and growing assets. The 0% officer compensation is notable, suggesting resources are directed elsewhere, likely towards program services given the nature of a charter school.
How does Kings Collegiate Charter School manage its finances?
The organization consistently generates more revenue than expenses, as seen in 2014 with $6,453,430 in revenue and $6,314,261 in expenses. This indicates prudent financial management and a focus on maintaining a healthy financial position. Assets have also steadily increased from $2,280,149 in 2012 to $2,760,922 in 2014.
What is the trend in Kings Collegiate Charter School's revenue and expenses?
Both revenue and expenses have shown a consistent upward trend over the three reported periods. Revenue increased from $5,143,101 in 2012 to $6,453,430 in 2014, while expenses rose from $4,999,865 to $6,314,261 in the same period. This growth suggests an expanding operation.
Filing History
IRS 990 filing history for Kings Collegiate Charter School showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Kings Collegiate Charter School's revenue has grown by 25.5%, moving from $5.1M to $6.5M. Total assets increased by 21.1% over the same period, from $2.3M to $2.8M. Total functional expenses rose by 26.3%, from $5.0M to $6.3M. In its most recent filing year (2014), Kings Collegiate Charter School reported a surplus of $139K, with revenue exceeding expenses. The organization holds $401K in liabilities against $2.8M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $6.5M | $6.3M | $2.8M | $401K | — | View 990 |
| 2013 | $5.9M | $5.5M | $2.7M | $465K | — | View 990 |
| 2012 | $5.1M | $5.0M | $2.3M | $423K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $6.5M, expenses of $6.3M, and assets of $2.8M (revenue +9.6% year-over-year).
- 2013: Revenue of $5.9M, expenses of $5.5M, and assets of $2.7M (revenue +14.5% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.0M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kings Collegiate Charter School:
Data Sources and Methodology
This transparency report for Kings Collegiate Charter School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.