KINGS WAY CENTER FOR WORLD MISSION INC

EIN: 237317909 501(c)(3) Religion

Mission, TX

Total Revenue
$31,342
Total Expenses
$58,768
Total Assets
$903,663
Net Assets
$903,663
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
TX
Phone
9562254931
Tax Period
2022-07-01 to 2023-06-30

KINGS WAY CENTER FOR WORLD MISSION INC, founded in 1975, is a micro nonprofit in the Religion sector that reported $31K in total revenue in fiscal year 2022. Expenses of $59K exceeded revenue, resulting in a 88% operating deficit.

Mission

TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC ACTIVITIES, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL. FACILITATE REHABILITATION THROUGH VARIOUS FORMS OF SUPPORT, PROVIDE RELIGIOUS, CHARITABLE AND HUMANITARIAN SERVICES, SUPPORT FOREIGN MISSION AND TO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE, OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE.

Program Service Accomplishments

Program 1
Expenses: $58,768 Revenue: $31,342

TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC ACTIVITIES, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL. FACILITATE REHABILITATION THROUGH VARIOUS FORMS OF SUPPORT, PROVIDE RELIGIOUS...

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TEACH AND PREACH THE GOSPEL TO ALL PEOPLE, CONDUCT EVANGELISTIC ACTIVITIES, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL. FACILITATE REHABILITATION THROUGH VARIOUS FORMS OF SUPPORT, PROVIDE RELIGIOUS, CHARITABLE AND HUMANITARIAN SERVICES, SUPPORT FOREIGN MISSION AND TO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE, OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $22,356
Program Service Revenue $0
Investment Income $610
Other Revenue $8,376
TOTAL REVENUE $31,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,000
Fundraising Expenses $0
Program Expenses $58,768
Other Expenses $40,768
TOTAL EXPENSES $58,768

Year-over-Year Comparison

2022 2021 Change
Revenue $31,342 $-61,571 -1.5%
Expenses $58,768 $73,387 -0.2%
Net Income $-27,426 $-134,958 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
4

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
1
$18,000
Total Directors
4
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Kintsel Secretary 40
Officer Director
$18,000 $0 $18,000
Benjamin MacMiller President 0
Director
$0 $0 $0
Keith Anderson Treasurer 0
Director
$0 $0 $0
Connie Jennings Director 0
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 No data No data No data No data
2023 $31,342 $58,768 $903,663 $-27,426
2022 $-61,571 $73,387 $881,121 $-134,958
2021 $57,214 $161,266 $878,755 $-104,052
2020 $82,018 $95,707 $1,088,711 $-13,689
2019 $91,445 $109,264 $1,102,400 $-17,819
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