KINGS WAY CHRISTIAN SCHOOLS

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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

2015

Legal Domicile

Principal Officer

DR JASON TINDOL

Phone

3608161212

Tax Period

2024-09-01 to 2025-08-31

KINGS WAY CHRISTIAN SCHOOLS, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $28.1M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.6M, a strong 38% operating margin.

Mission

KING'S WAY PARTNERS WITH FAMILIES TO PROVIDE A CHRIST-CENTERED EDUCATION FOR THE WHOLE CHILD LEADING TO LIFE CHANGE IN EACH STUDENT.

Program Service Accomplishments

Program 1

Expenses: $14,075,032 Revenue: $16,580,796

KING'S WAY CHRISTIAN SCHOOLS PROVIDES ACCREDITED EDUCATION FROM EARLY CHILDHOOD THROUGH GRADE 12 IN A FAITH-BASED ENVIRONMENT. SERVICES AND ACTIVITIES INCLUDE EARLY CHILDHOOD EDUCATION, FULL-DAY...

KING'S WAY CHRISTIAN SCHOOLS PROVIDES ACCREDITED EDUCATION FROM EARLY CHILDHOOD THROUGH GRADE 12 IN A FAITH-BASED ENVIRONMENT. SERVICES AND ACTIVITIES INCLUDE EARLY CHILDHOOD EDUCATION, FULL-DAY KINDERGARTEN, AFTER-SCHOOL PROGRAMS, ATHLETIC PROGRAMS AND EXTRA-CURRICULAR PROGRAMS.

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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 $11,204,730

Program Service Revenue $16,580,796

Investment Income $306,820

Other Revenue $-19,578

TOTAL REVENUE $28,072,768

Expense Breakdown

Grants Paid $2,486,769

Salaries & Benefits $8,779,581

Fundraising Expenses $117,118

Program Expenses $14,075,032

Other Expenses $6,229,086

TOTAL EXPENSES $17,495,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,072,768	$17,018,038	+0.6%
Expenses	$17,495,436	$14,733,084	+0.2%
Net Income	$10,577,332	$2,284,954	+3.6%

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

Employees

221

Volunteers

250

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

$431,139

Total Directors

$29,718

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARNE KAINU	BOARD CHAIR	2.00	Officer Director	$0	$29,718	$29,718
MATTHEW DISBROW	BOARD CO-CHAIR	2.00	Officer Director	$0	$0	$0
RACHELLE QUINN	TREASURER	2.00	Officer Director	$0	$0	$0
YEN LAM	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
JAMES TEAGUE	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN ZWART	DIRECTOR	2.00	Director	$0	$0	$0
LAURIE GAITHER	DIRECTOR	2.00	Director	$0	$0	$0
MIKE STROMME	DIRECTOR	2.00	Director	$0	$0	$0
MIKE ZAHNISER	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT STAPLES	DIRECTOR	2.00	Director	$0	$0	$0
TODD PISARCYZK	DIRECTOR	2.00	Director	$0	$0	$0
JASON TINDOL	SUPERINTENDENT	40.00	Officer	$147,863	$116,541	$264,404
LAURA JOHNSON	CFO	40.00	Officer	$128,968	$8,049	$137,017

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
2025	$28,072,768	$17,495,436	$43,045,981	$10,577,332
2024	$17,018,038	$14,733,084	$15,610,784	$2,284,954
2023	$14,559,223	$13,228,468	$19,507,994	$1,330,755
2022	$16,499,889	$11,296,981	$10,790,581	$5,202,908
2021	$10,439,261	$9,282,144	$6,224,718	$1,157,117
2020	$9,544,411	$9,961,492	$4,262,801	$-417,081
2019	$9,535,939	$9,519,621	$3,263,735	$16,318
2018	$8,841,274	$9,226,055	$6,696,460	$-384,781