The Kingdom Advancement Center Inc (EIN 454789073) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Larry Henderson

Phone

3124735740

Tax Period

2024-01-01 to 2024-12-31

The Kingdom Advancement Center Inc, founded in 2012, is a small nonprofit in the Religion sector that reported $275K in total revenue in fiscal year 2024. Expenses of $263K left a modest 4% surplus.

Mission

Church service.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $274,541

Program Service Revenue $0

Investment Income $396

Other Revenue $0

TOTAL REVENUE $274,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,898

Fundraising Expenses $0

Other Expenses $121,115

TOTAL EXPENSES $263,013

Year-over-Year Comparison

	2024	2023	Change
Revenue	$274,937	$258,046	+0.1%
Expenses	$263,013	$266,189	0.0%
Net Income	$11,924	$-8,143	-2.5%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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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

$124,046

Total Directors

Key Employees

$450

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Henderson Jr	President	032.00	Officer	$62,023	$0	$62,023
Tiffany L Henderson	Secretary	040.00	Officer	$62,023	$0	$62,023
Kiara Jones	Music Director	011.00	Key Emp	$450	$0	$450
Brian Johnson	Treasurer	010.00	Officer	$0	$0	$0
Reginald Kee	Vice President	020.00	Officer	$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	$274,937	$263,013	$400,503	$11,924
2023	$258,046	$266,189	$415,797	$-8,143
2022	$282,869	$284,378	$451,688	$-1,509
2021	$250,947	$273,292	$369,627	$-22,345
2020	$309,458	$281,914	$427,288	$27,544

The Kingdom Advancement Center Inc