KINGS HERALDS INC (EIN 264568269) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Phone

8059076016

Tax Period

2019-04-01 to 2020-03-31

KINGS HERALDS INC, founded in 2009, is a small nonprofit in the Arts, Culture & Humanities sector that reported $343K in total revenue in fiscal year 2019. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $397K exceeded revenue, resulting in a 16% operating deficit.

Mission

MUSIC MINISTRY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $242,250

Program Service Revenue $100,282

Investment Income $0

Other Revenue $0

TOTAL REVENUE $342,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $258,398

Fundraising Expenses $0

Program Expenses $392,200

Other Expenses $138,729

TOTAL EXPENSES $397,127

Year-over-Year Comparison

	2019	2018	Change
Revenue	$342,532	$262,725	+0.3%
Expenses	$397,127	$265,844	+0.5%
Net Income	$-54,595	$-3,119	+16.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD SCROGGS	President	1.00	Officer	$0	$0	$0
JEFF PEARLES	Treasurer	1.00	Officer	$0	$0	$0
CARSON CROSS	Board Member	1.00	Officer	$0	$0	$0
JOANN BERKE	Board Member	1.00	Officer	$0	$0	$0
BARBARA BOLIVAR	Board Member	1.00	Officer	$0	$0	$0
JOEL BORG	SECRETARY	0.00		$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
2020	$342,532	$397,127	$53,669	$-54,595
2019	$262,725	$265,844	$88,503	$-3,119

KINGS HERALDS INC