Kingsway Services Inc
- Assets
- $393.1k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Moorestown, NJ
- Founding
- 03/2017
- Data as of
- 06/2022
- EIN
- 81-4457003
Organization Overview
Kingsway Services Inc is located in Moorestown, NJ. The organization was established in 2017. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Kingsway Services Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsway Services 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 06/2022, Kingsway Services Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION FOR KINGSWAY LEARNING CENTER, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINGSWAY SERVICES, INC. PROVIDES MANAGEMENT SERVICES TO KINGSWAY LEARNING CENTER, AN APPROVED PRIVATE SCHOOL FOR STUDENTS WITH DISABILITIES AGES 3-21. SERVICES INCLUDE ACCOUNTING, HR, EXTERNAL RELATIONS, FUNDRAISING, AND OTHERS.
KINGSWAY SERVICES, INC. OPERATES AN ADULT DAY HABILITATION PROGRAM FOR ADULTS OVER THE AGE OF 21 WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. THE PROGRAM OFFERS A WIDE VARIETY OF ACTIVITIES, INCLUDING COMMUNITY OUTINGS, CULTURAL EXPERIENCES, AND HEALTH AND WELLNESS ACTIVITIES. CLIENTS WILL DEVELOP DAILY LIVING SKILLS WHILE FOSTERING SELF-ADVOCACY AND INDEPENDENCE THROUGH LIFELONG LEARNING IN AN ENVIRONMENT THAT NOURISHES THEIR INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Chan Chief Executive Officer | Officer | 35 | $140,000 |
Lisa Cataldo Controller | Officer | 35 | $111,323 |
Michael Byrne Vice-Chairperson | OfficerTrustee | 2 | $0 |
Jeanne Whalen Chairperson | OfficerTrustee | 2 | $0 |
Robert Edwards Treasurer/secretary | OfficerTrustee | 2 | $0 |
Andrea Iannuzzelli Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $79,821 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $315,713 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,534 |
| Total Program Service Revenue | $1,709,884 |
| 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 | -$4,012 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,101,519 |
| 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. | $336,771 |
| Compensation of current officers, directors, key employees. | $215,906 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $831,291 |
| Pension plan accruals and contributions | $23,175 |
| Other employee benefits | $150,809 |
| Payroll taxes | $57,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,250 |
| Fees for services: Accounting | $12,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $196,616 |
| Advertising and promotion | $2,508 |
| Office expenses | $19,798 |
| Information technology | $9,586 |
| Royalties | $0 |
| Occupancy | $72,795 |
| Travel | $2,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48,530 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,612 |
| Insurance | $0 |
| All other expenses | $33,818 |
| Total functional expenses | $1,812,368 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,230 |
| 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 | $11,112 |
| Net Land, buildings, and equipment | $54,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $393,060 |
| Accounts payable and accrued expenses | $39,834 |
| 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 | $268,084 |
| Total liabilities | $307,918 |
| Net assets without donor restrictions | $85,142 |
| 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 | $393,060 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kingsway Services Inc has recieved totaling $35,142.
| Awarding Organization | Amount |
|---|---|
Kessler Foundation Inc East Hanover, NJ PURPOSE: Community Employment | $35,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dakota Properties Inc Mount Holly, NJ | $11,168,008 | $2,729,427 |
Kingsway Services Inc Moorestown, NJ | $393,060 | $2,101,519 |
Comprehensive Community Services Inc Charleroi, PA | $5,623,324 | $1,665,525 |
Center For Discovery Endowment Fund Inc Harris, NY | $39,600,078 | $9,279,544 |
Kids Escaping Drugs Inc West Seneca, NY | $6,338,443 | $681,795 |
Emmaus Community Of Pittsburgh Foundation Pittsburgh, PA | $2,801,053 | $727,152 |
Suffolk Ahrc Foundation Inc Bohemia, NY | $1,807,955 | $435,918 |
The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc Brooklyn, NY | $5,810,322 | $406,896 |
Hearkeneth Group Npo Corp Chambersburg, PA | $112,575 | $274,190 |
Home Care Foundation Of New Jersey Inc Cranford, NJ | $245,695 | $224,511 |
Addictions Care Foundation Inc Albany, NY | $2,814,933 | $369,699 |
Human Resources Center Foundation Honesdale, PA | $6,598,784 | $248,136 |