Kingman Academy Of Learning is located in Kingman, AZ. The organization was established in 1996. 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, Kingman Academy Of Learning employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingman Academy Of Learning 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, Kingman Academy Of Learning generated $13.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $11.6m during the year ending 06/2022. While expenses have increased by 2.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC EDUCATION FOR GRADES PRESCHOOL THROUGH 12TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KINGMAN ACADEMY OF LEARNING:WE ARE A PUBLIC CHARTER SCHOOL FOCUSING ON BACK-TO-BASICS SERVING PRESCHOOL - 12TH GRADE. WE HAVE BEEN IN OPERATION SINCE 1995.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Chan Vice Chairperson | OfficerTrustee | 1 | $30,000 |
William Ekstrom Chairperson | OfficerTrustee | 1 | $0 |
William Blake Director | Trustee | 1 | $0 |
Betty Rowe Director | Trustee | 1 | $0 |
Brownell Hamlyn Director | Trustee | 1 | $0 |
Delphine Brandt Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,187,356 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,278 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,403,634 |
| Total Program Service Revenue | $336,420 |
| Investment income | $3,632 |
| 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 | $13,887,291 |
| 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. | $256,457 |
| Compensation of current officers, directors, key employees. | $256,457 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,540,131 |
| Pension plan accruals and contributions | $674,460 |
| Other employee benefits | $1,097,482 |
| Payroll taxes | $421,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,349 |
| Fees for services: Accounting | $38,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $299,742 |
| Advertising and promotion | $1,491 |
| Office expenses | $285,920 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $650,582 |
| Travel | $137,837 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $514,568 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $632,788 |
| Insurance | $116,921 |
| All other expenses | $0 |
| Total functional expenses | $11,649,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,480,708 |
| Savings and temporary cash investments | $2,011,299 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $288,449 |
| 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 | $7,509,354 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,182,613 |
| Total assets | $18,472,423 |
| Accounts payable and accrued expenses | $322,297 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $10,655,000 |
| 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 | $720,048 |
| Total liabilities | $11,697,345 |
| Net assets without donor restrictions | $5,584,977 |
| Net assets with donor restrictions | $1,190,101 |
| 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 | $18,472,423 |