Kings Academy Child Enrichment Center Inc

EIN: 850601530 501(c)(3) Human Services

Axton, VA

Total Revenue
$355,387
Total Expenses
$554,791
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
David Harrison
Phone
2766383802
Tax Period
2025-01-01 to 2025-12-31

Kings Academy Child Enrichment Center Inc, founded in 2020, is a small nonprofit in the Human Services sector that reported $355K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $555K exceeded revenue, resulting in a 56% operating deficit.

Mission

To provide child care services and academic tutoring.

Program Service Accomplishments

Program 1
Expenses: $534,823 Revenue: $351,474

We currently serve 80 families. We strive to build successful early learning programs from infant care to 2nd grade. We provide after- school care for Kindgergarten through 5th grades. We promote...

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We currently serve 80 families. We strive to build successful early learning programs from infant care to 2nd grade. We provide after- school care for Kindgergarten through 5th grades. We promote high quality and accountable early learning and development programs for all children in our care.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,913
Program Service Revenue $351,464
Investment Income $0
Other Revenue $10
TOTAL REVENUE $355,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,501
Fundraising Expenses $0
Program Expenses $534,823
Other Expenses $277,290
TOTAL EXPENSES $554,791

Year-over-Year Comparison

2025 2024 Change
Revenue $355,387 $413,812 -0.1%
Expenses $554,791 $414,254 +0.3%
Net Income $-199,404 $-442 +450.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
36
Volunteers
3

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
2
$0
Total Directors
5
$29,997
Key Employees
1
$29,997
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Harrison President 15.00
Officer Director
$0 $0 $0
Sandra Hall Director 25.00
Director
$0 $0 $0
Donald Hall Vice President 5.00
Officer Director
$0 $0 $0
Greg Corcoran Director 5.00
Director
$0 $0 $0
Donna Barnwell Director 40.00
Director Key Emp
$29,997 $0 $29,997
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 $355,387 $554,791 No data $-199,404
2024 $413,812 $414,254 $199,906 $-442
2023 $404,780 $449,589 $202,408 $-44,809
2022 $571,476 $495,787 $251,604 $75,689
2021 $454,202 $456,872 $102,244 $-2,670
2020 $266,037 $161,223 $104,814 $104,814
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