KINGMAN ACADEMY OF LEARNING INC (EIN 860807808) - 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

1996

Legal Domicile

Principal Officer

ERIC LILLIS

Phone

9286812400

Tax Period

2023-07-01 to 2024-06-30

KINGMAN ACADEMY OF LEARNING INC, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $15.6M in total revenue in fiscal year 2023. Expenses of $13.5M left a modest 14% surplus.

Mission

PUBLIC EDUCATION FOR GRADES PRESCHOOL THROUGH 12TH GRADE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $15,134,780

Program Service Revenue $277,691

Investment Income $209,390

Other Revenue $8,928

TOTAL REVENUE $15,630,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,074,090

Fundraising Expenses $0

Program Expenses $12,520,972

Other Expenses $4,438,218

TOTAL EXPENSES $13,512,308

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,630,789	$15,128,494	+0.0%
Expenses	$13,512,308	$12,858,999	+0.1%
Net Income	$2,118,481	$2,269,495	-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

163

Volunteers

742

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

$282,662

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN CHAN	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DELPHINE BRANDT	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
WILLIAM EKSTROM	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BLAKE	DIRECTOR	1.00	Director	$0	$0	$0
BETTY ROWE	DIRECTOR	1.00	Director	$0	$0	$0
BROWNELL HAMLYN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DEVRIES	DIRECTOR	1.00	Director	$0	$0	$0
ERIC LILLIS	EXECUTIVE DIRECTOR	40.00	Officer	$106,953	$33,943	$140,896
STACEY CROWL	SECRETARY/TREASURER/DIR. OF FINANCE	40.00	Officer	$105,666	$36,100	$141,766

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	No data	No data	No data	No data
2024	$15,630,789	$13,512,308	$21,355,246	$2,118,481
2023	$15,128,494	$12,858,999	$19,947,361	$2,269,495
2022	$13,887,291	$11,649,590	$18,472,423	$2,237,701
2021	$12,224,804	$11,054,170	$16,993,720	$1,170,634
2020	$12,062,063	$11,261,835	$16,950,265	$800,228
2019	$11,595,203	$10,470,378	$17,232,498	$1,124,825
2018	$10,597,406	$10,205,642	$17,122,198	$391,764

KINGMAN ACADEMY OF LEARNING INC