FRIENDS OF KING'S COLLEGE LONDON ASSOCIATION INC

EIN: 133256007 501(c)(3) International Affairs

NEW YORK, NY

Total Revenue
$3,490,875
Total Expenses
$1,245,139
Total Assets
$11,897,099
Net Assets
$3,058,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
KENNETH ALDOUS
Phone
6468670994
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF KING'S COLLEGE LONDON ASSOCIATION INC, founded in 1984, is a community nonprofit in the International Affairs sector that reported $3.5M in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.2M, a strong 64% operating margin.

Mission

TO SUPPORT THE KINGS COLLEGE MISSION AND INITIATIVES, TO SUPPORT USA SCHOLARS PROGRAM, THE KINGS COLLEGE LONDON ANNUAL FUND AND VARIOUS KINGS COLLEGE LONDON BASED RESEARCH PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $1,193,471

SUPPORT TO KINGS COLLEGE LONDON FOR SCHOLARSHIPS, AWARDS, RESEARCH PROJECTS AND VARIOUS FUNDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,494,165
Program Service Revenue $0
Investment Income $-3,290
Other Revenue $0
TOTAL REVENUE $3,490,875

Expense Breakdown

Grants Paid $1,193,471
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,193,471
Other Expenses $51,668
TOTAL EXPENSES $1,245,139

Year-over-Year Comparison

2024 2023 Change
Revenue $3,490,875 $17,989,294 -0.8%
Expenses $1,245,139 $17,700,448 -0.9%
Net Income $2,245,736 $288,846 +6.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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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
N/A
Volunteers
N/A

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH ALDOUS DIRECTOR / PRESIDENT 2.00
Officer Director
$0 $0 $0
DAVID MARTINELLI DIRECTOR / TREASURER 0.50
Officer Director
$0 $0 $0
KRISHNAN THAKKER DIRECTOR/SECRETARY 0.50
Officer Director
$0 $0 $0
MATTHEW GORMAN DIRECTOR 0.50
Director
$0 $0 $0
LIGIA DUARTE BOTELHO DIRECTOR 0.50
Director
$0 $0 $0
DAVID MAZZUCA DIRECTOR 0.50
Director
$0 $0 $0
NICK STADTMILLER DIRECTOR 0.50
Director
$0 $0 $0
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 $3,490,875 $1,245,139 $11,897,099 $2,245,736
2023 $17,989,294 $17,700,448 $11,315,372 $288,846
2023 $7,258,867 $7,093,501 $610,649 $165,366
2022 $5,823,127 $5,960,364 $444,733 $-137,237
2021 $1,170,322 $926,753 $601,324 $243,569
2020 $893,805 $924,510 $362,457 $-30,705
2019 $1,486,681 $1,210,377 $395,293 $276,304
2018 $917,208 $958,760 $188,152 $-41,552
2017 $1,076,433 $1,051,657 $147,275 $24,776
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