Kings Way Christian Schools
EIN: 473890449 · Vancouver, WA · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $17.2M |
| Total Expenses | $13.2M |
| Net Assets | $9.3M |
Is Kings Way Christian Schools Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kings Way Christian Schools
Kings Way Christian Schools (EIN: 473890449) is a nonprofit organization based in Vancouver, WA, classified under NTEE code B24. The organization reported total revenue of $17.2M and total assets of $15.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kings Way Christian Schools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kings Way Christian Schools is a large nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.6M |
| Total Expenses | $13.2M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $19.5M |
| Total Liabilities | $10.2M |
| Net Assets | $9.3M |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 52.5% |
| Months of Reserves | 17.7 months |
Financial Health Grade: A
In 2023, Kings Way Christian Schools reported a surplus of $1.3M with revenue exceeding expenses, holds 17.7 months of operating reserves (strong position), has a debt-to-asset ratio of 52.5% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.8% | +17.1% | +80.8% |
| 2022 | +58.1% | +21.7% | +73.4% |
| 2021 | +9.4% | -6.8% | +46.0% |
| 2020 | +0.1% | +4.6% | +30.6% |
| 2019 | +7.9% | +3.2% | -51.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kings Way Christian Schools has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kings Way Christian Schools with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.5%.
Frequently Asked Questions about Kings Way Christian Schools
Is Kings Way Christian Schools a legitimate charity?
Based on AI analysis of IRS 990 filings, Kings Way Christian Schools (EIN: 473890449) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kings Way Christian Schools spend its money?
Detailed spending breakdown data is not yet available for Kings Way Christian Schools. Check back for updated IRS 990 analysis.
Are donations to Kings Way Christian Schools tax-deductible?
Kings Way Christian Schools is registered as a tax-exempt nonprofit (EIN: 473890449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kings Way Christian Schools located?
Kings Way Christian Schools is headquartered in Vancouver, Washington and files with the IRS under EIN 473890449. It is classified under NTEE code B24.
How many years of IRS 990 filings does Kings Way Christian Schools have?
Kings Way Christian Schools has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.2M in total revenue.
Filing History
IRS 990 filing history for Kings Way Christian Schools showing financial trends over 9 years of public records:
Total assets increased by 1950799300% over the same period, from $1 to $19.5M. In its most recent filing year (2023), Kings Way Christian Schools reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $10.2M in liabilities against $19.5M in assets (debt-to-asset ratio: 52.5%), resulting in net assets of $9.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.6M | $13.2M | $19.5M | $10.2M | — | View 990 |
| 2022 | $16.5M | $11.3M | $10.8M | $2.8M | — | View 990 |
| 2021 | $10.4M | $9.3M | $6.2M | $3.1M | — | View 990 |
| 2020 | $9.5M | $10.0M | $4.3M | $2.5M | — | — |
| 2019 | $9.5M | $9.5M | $3.3M | $2.0M | — | View 990 |
| 2018 | $8.8M | $9.2M | $6.7M | $6.5M | — | View 990 |
| 2017 | $7.6M | $8.3M | $2.7M | $2.1M | — | — |
| 2016 | $6.9M | $6.7M | $2.0M | $1.8M | — | — |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.6M, expenses of $13.2M, and assets of $19.5M (revenue -11.8% year-over-year).
- 2022: Revenue of $16.5M, expenses of $11.3M, and assets of $10.8M (revenue +58.1% year-over-year).
- 2021: Revenue of $10.4M, expenses of $9.3M, and assets of $6.2M (revenue +9.4% year-over-year).
- 2020: Revenue of $9.5M, expenses of $10.0M, and assets of $4.3M (revenue +0.1% year-over-year).
- 2019: Revenue of $9.5M, expenses of $9.5M, and assets of $3.3M (revenue +7.9% year-over-year).
- 2018: Revenue of $8.8M, expenses of $9.2M, and assets of $6.7M (revenue +16.1% year-over-year).
- 2017: Revenue of $7.6M, expenses of $8.3M, and assets of $2.7M (revenue +11.0% year-over-year).
- 2016: Revenue of $6.9M, expenses of $6.7M, and assets of $2.0M.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kings Way Christian Schools:
Data Sources and Methodology
This transparency report for Kings Way Christian Schools 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.