GROWING KINGS INC

EIN: 270708543 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$849,320
Total Expenses
$183,550
Total Assets
$702,910
Net Assets
$338,127
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
Marcus Carson
Phone
2054172478
Tax Period
2021-08-01 to 2022-07-31

GROWING KINGS INC, founded in 2009, is a small nonprofit that reported $849K in total revenue in fiscal year 2021. Revenue surged 466% from the prior year, signaling strong growth momentum. The organization ran a surplus of $666K, a strong 78% operating margin.

Mission

Growing Kings operates with a mission to encourage and facilitate the critical thinking and positive attitudes of underserved male youth through systemic and targeted enrichment, research, and advocacy.

Program Service Accomplishments

Program 1
Expenses: $100,079 Revenue: $572,792

Journey of a King: Journey of a King is a series of three school-based mentoring and enrichment programs offered to male students in the 4th-12th grades; providing students with the opportunity to...

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Journey of a King: Journey of a King is a series of three school-based mentoring and enrichment programs offered to male students in the 4th-12th grades; providing students with the opportunity to participate in nine years of comprehensive and consistent programming. These programs are designed to improve students' academic, behavioral, and societal outcomes. The programs are implemented in schools based on the number of students who receive free and/or reduced lunch. Each program with the Journey of a King series operates with its own distinct curriculum that is relevant in content and delivery methodology. Journey of a King programs include: Prince Charming, Measures of a Man, and Scholars and Gentlemen.

Program 2
Expenses: $20,772 Revenue: $211,079

All the King's Men: All the King's Men is an innovative mentor recruitment and training program designed to teach highly effective techniques and practices that equips qualified men with the tools...

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All the King's Men: All the King's Men is an innovative mentor recruitment and training program designed to teach highly effective techniques and practices that equips qualified men with the tools needed to be successful and implementing our program curricula. The training combines theoretical approaches and empirical experiences in effective mentoring to ensure that each participant is knowledgeable of the best ways to empower male youth to be catalysts for change. All the King's Men prepares mentors with the finite ability to foster quality relationships with male students while encouraging them to be successful in life.

Program 3
Expenses: $43,859 Revenue: $20,992

The King in Me: The King in Me is an alternative-to-detention diversion program designed to reduce the number of low-level juvenile cases filed, and reduce the overall number of male youth who become...

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The King in Me: The King in Me is an alternative-to-detention diversion program designed to reduce the number of low-level juvenile cases filed, and reduce the overall number of male youth who become involved with the juvenile court system. The program engages 14-17 year old male youth who have been arrested, are actively involved in the juvenile justice system, pose a risk to public safety, and/or are likely to fail to appear in court. The King in Me employs a non-punitive approach in the filing of juvenile cases by diverting youth into an evidence-based treatment program, as opposed to pursuing post-adjudication consequences, which often result in a juvenile record and juvenile detention.

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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 (2021)

Revenue Breakdown

Contributions & Grants $699,320
Program Service Revenue $150,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $849,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $148,114
Fundraising Expenses $0
Program Expenses $164,710
Other Expenses $35,436
TOTAL EXPENSES $183,550

Year-over-Year Comparison

2021 2020 Change
Revenue $849,320 $150,076 +4.7%
Expenses $183,550 $222,719 -0.2%
Net Income $665,770 $-72,643 -10.2%
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
3
Independent Members
3
Employees
3
Volunteers
25

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Isaac Cooper Director 1
Director
$0 $0 $0
Brooke Adams Director 0
Director
$0 $0 $0
Terrance McKnight Director 1
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
2022 $849,320 $183,550 $702,910 $665,770
2021 $150,076 $222,719 $61,856 $-72,643
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