Kingsway Elementary School is located in Orrville, OH. The organization was established in 1993. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 07/2024, Kingsway Elementary School employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsway Elementary School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Kingsway Elementary School generated $2.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $1.9m during the year ending 07/2024. While expenses have increased by 9.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE CHRISTIAN SCHOOL GRADES K - 12
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN SCHOOL GRADES PRE K-12 WITH 207 STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Box Trustee | Trustee | 1 | $0 |
John Bischoff Vice President | Trustee | 1 | $0 |
Tim Vansickle Secretary/treasurer | Trustee | 1 | $0 |
Larry Chambliss Adminsitrator | Officer | 50 | $0 |
Tony Scarpino President | Trustee | 1 | $0 |
Grant Schlabach Trustee | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $200,252 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,828 |
| Noncash contributions included in lines 1a–1f | $2,693 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,080 |
| Total Program Service Revenue | $1,579,779 |
| Investment income | $15,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $550 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $45,886 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,970,987 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $61,250 |
| Compensation of current officers, directors, key employees. | $61,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,229,165 |
| Pension plan accruals and contributions | $22,373 |
| Other employee benefits | $0 |
| Payroll taxes | $98,717 |
| Fees for services: Management | $6,338 |
| Fees for services: Legal | $875 |
| Fees for services: Accounting | $1,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,937 |
| Office expenses | $43,905 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,606 |
| Travel | $1,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,387 |
| Interest | $1,158 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,020 |
| Insurance | $16,014 |
| All other expenses | $117,873 |
| Total functional expenses | $1,900,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,109,446 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $986,893 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,096,339 |
| Accounts payable and accrued expenses | $263 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $22,118 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,381 |
| Net assets without donor restrictions | $2,039,024 |
| Net assets with donor restrictions | $34,934 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,096,339 |