Kingdom Advancement Center Inc
- Assets
- $369.6k
- Revenue
- $250.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Elgin, IL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 45-4789073
Organization Overview
Kingdom Advancement Center Inc is located in Elgin, IL. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Kingdom Advancement Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Advancement Center Inc 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 12/2021, Kingdom Advancement Center Inc generated $250.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $273.3k during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHURCH SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHURCH SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Henderson Jr President | Officer | 32 | $58,275 |
Tiffany L Henderson Secretary | Officer | 40 | $58,055 |
Nichole Palmer Executive Director | Officer | 11 | $22,482 |
Kiara Jones Executive Director | Officer | 11 | $7,012 |
Reginald Kee Vice President | Officer | 20 | $0 |
Brian R Johnson Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,938 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $250,947 |
| 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. | $145,824 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,968 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $385 |
| Fees for services: Accounting | $4,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,082 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,575 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,190 |
| All other expenses | $1,909 |
| Total functional expenses | $273,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,627 |
| 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 | $340,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $369,627 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $205,969 |
| Total liabilities | $205,969 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $163,658 |
| Total liabilities and net assets/fund balances | $369,627 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kingdom Advancement Center Inc has recieved totaling $68.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $68 |
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|---|---|---|
Bethany Lutheran Homes Inc La Crosse, WI | $102,810,906 | $37,603,425 |
St Paul Elder Services Inc Kaukauna, WI | $41,952,287 | $25,919,489 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |