King's Ransom Foundation

EIN: 264451422 501(c)(3) Religion

Kerrville, TX

Total Revenue
$5,001,515
Total Expenses
$5,065,661
Total Assets
$2,623,494
Net Assets
$2,049,890
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TX
Principal Officer
Danette Johnson
Phone
8665903499
Tax Period
2019-01-01 to 2019-12-31

King's Ransom Foundation, founded in 2008, is a community nonprofit in the Religion sector that reported $5.0M in total revenue in fiscal year 2019.

Mission

Providing services to people in need worldwide, especially families and children, to help them reach their full potential and spread the spread the love of our Father, the Creator of the heavens and the earth.

Program Service Accomplishments

Program 1
Expenses: $4,758,187 Revenue: $0

King's Ransom Foundation (KRF) is dedicated to serving people in need worldwide, especially families and children, to help them reach their full potential and spread the gospel of Jesus Christ. The...

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King's Ransom Foundation (KRF) is dedicated to serving people in need worldwide, especially families and children, to help them reach their full potential and spread the gospel of Jesus Christ. The Foundation raises funds specifically to help those in need of food, clothing, and shelter. Giving is primarily devoted to 501(c)(3) entities. The Foundation also provides support to individuals or families facing difficult circumstances.In 2019, KRF helped to assist over 3 million orphans, widows and families to receive food, water, safe housing, medical care and education. Some of the stories of those in need and how they were helped are continued on Schedule O.KRF built 499 homes for the extreme poor in Nicaragua. Our goal is to bring these families out of their destitute conditions through the construction of community centers and double-unit homes with sanitation, access to potable water, and sustainable chicken farms. Each unit is equipped with two bedrooms, a living room, a personal sanitation unit, a stove, and a connection for potable water. The unit costs $5,200 to build.KRF continued support to Home of Hope in India to provide a facility providing free room and board, three meals a day, clean water, clothing, and education to 175 orphan boys in India. All these boys were homeless due to their parents being martyred for their beliefs.KRF continued its support to The King's Children's Home in Belize, providing day to day needs for 60 children.KRF worked with Frontier Harvest Ministries delivering chlorine generators to Asia, Africa, the Carribean and South America.KRF continued its support to help rescue children enslaved in the sex trade industry aiding in the process of over 1,500 children.KRF is also working with a levite in Israel who finds people in the most desperate of situations and provides for their needs to help them get out of their difficult situations. He also finds organizations that provide food and assist in bettering the lives and living conditions of individuals and families in need.

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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 (2019)

Revenue Breakdown

Contributions & Grants $5,001,341
Program Service Revenue $0
Investment Income $174
Other Revenue $0
TOTAL REVENUE $5,001,515

Expense Breakdown

Grants Paid $4,758,187
Salaries & Benefits $121,115
Fundraising Expenses $103,017
Program Expenses $4,758,187
Other Expenses $186,359
TOTAL EXPENSES $5,065,661

Year-over-Year Comparison

2019 2018 Change
Revenue $5,001,515 $5,205,968 0.0%
Expenses $5,065,661 $4,901,283 +0.0%
Net Income $-64,146 $304,685 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
3
Volunteers
9

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
$60,200
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Williams Finance Adminstrator 40.00
Officer
$59,000 $1,200 $60,200
Danette Johnson President 2.00
Officer Director
$0 $0 $0
Jennifer Rachford Secretary 0.10
Officer Director
$0 $0 $0
John Graves Director / Legal Counsel 0.10
Director
$0 $0 $0
Jeff Usner Director 0.10
Director
$0 $0 $0
Jennifer Usner Director 0.10
Director
$0 $0 $0
Shawn Harper Director 0.10
Director
$0 $0 $0
Philana Harper Director 0.10
Director
$0 $0 $0
Ken Brown Director 0.10
Director
$0 $0 $0
April Brown Director 0.10
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
2019 $5,001,515 $5,065,661 $2,623,494 $-64,146
2018 $5,205,968 $4,901,283 $2,310,697 $304,685
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