Kingdom Christian Academy is located in Dorado, PR. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Kingdom Christian Academy employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Christian Academy 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 06/2022, Kingdom Christian Academy generated $642.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $596.3k during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF ACADEMIC EXCELLENCE WITH EMPHASIS ON CHRISTIAN VALUES, LEADERSHIP, FINANCIAL EDUCATION, SPORTS AND ARTS, TO DEVELOP BUSINESSMEN AND WOMAN WHO CAN CONTRIBUTE TO CREATE A SOCIETY OF RESPONSIBLE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EXCELLENT ACADEMIC EDUCATION BY QUALIFIED TEACHERS FROM PRE-K TO TWELFTH GRADE
PROVIDE EXCELLENT ACADEMIC BOOKS AND EDUCATIONAL MATERIALS
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maribel Arrieta Director | Trustee | 40 | $39,300 |
Eddie Molina Accountant | Trustee | 40 | $18,500 |
Maria I Lopez Malave President | Trustee | 1 | $0 |
Carmen Archilla Secretary | Trustee | 1 | $0 |
Angel Molina Gali Vicepresident | Trustee | 1 | $0 |
Juan Miguel Rodriguez Treasurer | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,753 |
| Related organizations | $0 |
| Government grants | $3,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,695 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,448 |
| Total Program Service Revenue | $528,417 |
| Investment income | $0 |
| 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 | $642,927 |
| 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. | $73,600 |
| Compensation of current officers, directors, key employees. | $73,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,889 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,471 |
| Fees for services: Management | $128,189 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,342 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,935 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,030 |
| Insurance | $11,091 |
| All other expenses | $156,744 |
| Total functional expenses | $596,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,858 |
| 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 | $35,288 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,753 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,599 |
| Total assets | $71,498 |
| Accounts payable and accrued expenses | $124,460 |
| 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 | $5,528 |
| Other liabilities | $0 |
| Total liabilities | $129,988 |
| Net assets without donor restrictions | -$58,490 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $71,498 |