The King's College

EIN: 131810448 501(c)(3) Education

New York, NY

Total Revenue
$-469,991
Total Expenses
$6,896,378
Total Assets
$22,940,456
Net Assets
$-5,810,408
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
NY
Phone
2126597200
Tax Period
2023-09-01 to 2024-08-31

The King's College, founded in 1938, is a micro nonprofit in the Education sector that reported $470K in total revenue in fiscal year 2023. Revenue fell 103% from the prior year — a significant decline worth monitoring.

Mission

Christian college preparing students for principled leadership around the world.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $266,642
Program Service Revenue $108,530
Investment Income $-1,077,831
Other Revenue $232,668
TOTAL REVENUE $-469,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $733,865
Fundraising Expenses $145,530
Program Expenses $5,437,940
Other Expenses $6,162,513
TOTAL EXPENSES $6,896,378

Year-over-Year Comparison

2023 2022 Change
Revenue $-469,991 $13,626,438 -1.0%
Expenses $6,896,378 $24,506,912 -0.7%
Net Income $-7,366,369 $-10,880,474 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
201
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$357,235
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Henry Morriello Chairman 7.0
Officer Director
$0 $0 $0
Alexandra Harrison Gaiser Trustee (part year) 4.0
Director
$0 $0 $0
Andrew G Mills Trustee 8.0
Director
$0 $0 $0
Bethany Pickett Shah Trustee 1.0
Director
$0 $0 $0
Christopher Ross Trustee 4.0
Director
$0 $0 $0
David A Palomares Trustee 0.5
Director
$0 $0 $0
John Urban Trustee 4.0
Director
$0 $0 $0
Matthew Dieterle Trustee 4.0
Director
$0 $0 $0
Susie Wilson Trustee (part year) 0.5
Director
$0 $0 $0
Henry Bleattler Associate Professor of History and the Humanties/ Interim Provost 19.0
Officer
$177,197 $12,986 $190,183
Jennifer Anderson VP Finance/Treasurer 26.0
Officer
$155,081 $11,971 $167,052
Steven S French Interim President 20.0
Officer
$0 $0 $0
David Tubbs Associate Professor of Politics 40.0
Highest
$130,273 $8,892 $139,165
Dawn Fotopulos Professor of Business 40.0
Highest
$129,851 $8,846 $138,697
Judy Barringer AVP and Controller 31.0
Highest
$138,996 $12,675 $151,671
Oluwadamilola Kabiawu Associate Professor of Finance 40.0
Highest
$173,370 $28,470 $201,840
Paul Glader Professor of Journalism, Media & Entrepreneurship 40.0
Highest
$145,722 $20,657 $166,379
Brian Brenberg Former EVP/Assoc. Professor of Bus. & Econ. 40.0
$112,336 $16,115 $128,451
Kimberly Reeve Former Associate Professor of Business/ Interim Provost 50.0
$111,556 $14,101 $125,657
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $-469,991 $6,896,378 $22,940,456 $-7,366,369
2023 $13,626,438 $24,506,912 $43,396,313 $-10,880,474
2022 $19,260,923 $26,371,413 $24,121,511 $-7,110,490
2021 $25,449,174 $28,787,831 $28,690,287 $-3,338,657
2020 $27,988,588 $31,922,403 $33,688,942 $-3,933,815
2019 $26,942,570 $33,463,109 $38,943,152 $-6,520,539
2018 $62,125,112 $34,101,435 $45,917,809 $28,023,677
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