Kingdom Kare Inc (EIN 460982054) - 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

2012

Legal Domicile

Principal Officer

Barbara Palmer

Phone

4106722006

Tax Period

2024-01-01 to 2024-12-31

Kingdom Kare Inc, founded in 2012, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

Kingdom Kares mission is to empower children, youth, and families to thrive.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,901,085

Program Service Revenue $781,742

Investment Income $0

Other Revenue $9,029

TOTAL REVENUE $2,691,856

Expense Breakdown

Grants Paid $23,530

Salaries & Benefits $1,530,313

Fundraising Expenses $0

Program Expenses $2,197,503

Other Expenses $1,356,947

TOTAL EXPENSES $2,910,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,691,856	$2,233,746	+0.2%
Expenses	$2,910,790	$2,475,557	+0.2%
Net Income	$-218,934	$-241,811	-0.1%

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

Employees

Volunteers

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

$105,000

Total Directors

$105,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barabara Palmer	President & CEO	40.00	Officer Director	$105,000	$0	$105,000
Frank Holloman	Board Chair	1.00	Officer Director	$0	$0	$0
Wayne Taylor	Vice Chair	1.00	Officer Director	$0	$0	$0
Terry Henson	Secretary	1.00	Officer Director	$0	$0	$0
Tracey Thompson	Director	1.00	Director	$0	$0	$0
Dr Stephanie Holloman	Director	1.00	Director	$0	$0	$0
Dr Tasheka Green	Chaplain	1.00	Director	$0	$0	$0
Willie Coleman	Director	1.00	Director	$0	$0	$0
Shawn Penn	Director	1.00	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	$2,691,856	$2,910,790	$861,257	$-218,934
2023	$2,233,746	$2,475,557	$1,210,814	$-241,811
2022	$1,690,424	$1,559,520	$1,131,782	$130,904
2021	$1,995,985	$1,868,324	$418,521	$127,661
2020	$1,348,434	$1,352,354	$320,297	$-3,920
2019	$574,588	$518,720	$66,780	$55,868
2018	$952,750	$768,374	$329,503	$184,376

Kingdom Kare Inc