KINGDOM AIR CORPS (EIN 920168877) - 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

2005

Legal Domicile

Principal Officer

DWAYNE KING

Phone

9077467377

Tax Period

2024-01-01 to 2024-12-31

KINGDOM AIR CORPS, founded in 2005, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

KINGDOM AIR CORPS' (KAC) PURPOSE IS TO BRING THE GOSPEL TO THE DIFFICULT TO REACH PLACES OF THE EARTH. (SEE EXPANDED DESCRIPTION ATTACHED).

🔒

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 $1,785,822

Program Service Revenue $0

Investment Income $3,869

Other Revenue $23,644

TOTAL REVENUE $1,813,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $969,803

Fundraising Expenses $72,918

Program Expenses $1,194,775

Other Expenses $927,762

TOTAL EXPENSES $1,897,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,813,335	$1,430,379	+0.3%
Expenses	$1,897,565	$1,919,741	0.0%
Net Income	$-84,230	$-489,362	-0.8%

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

246

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

$53,771

Total Directors

$53,771

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE ROUB	PRESIDENT	5.00	Officer Director	$0	$0	$0
JACKIE COHEN	SECRETARY	5.00	Officer Director	$0	$0	$0
TOM COBB	DIRECTOR	5.00	Director	$0	$0	$0
PAUL MANWILLER	DIRECTOR	5.00	Director	$0	$0	$0
CJ MILLER	DIRECTOR	5.00	Director	$0	$0	$0
ARVIN BUSENITZ	DIRECTOR	5.00	Director	$0	$0	$0
MARLIN BEACHY	DIRECTOR	5.00	Director	$0	$0	$0
PATRICK HARNEY	DIRECTOR	5.00	Director	$0	$0	$0
DWAYNE KING	EXECUTIVE DI	40.00	Officer Director	$53,771	$0	$53,771
BRIAN LITES	DIR OF AVIAT	40.00	Highest	$110,319	$0	$110,319
RYAN HOKUF	CHIEF FLIGHT	40.00	Highest	$115,917	$0	$115,917

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	$1,813,335	$1,897,565	$2,396,798	$-84,230
2023	$1,430,379	$1,919,741	$2,490,513	$-489,362
2022	$1,755,394	$1,517,122	$2,576,450	$238,272
2021	$1,590,178	$1,300,400	$2,362,130	$289,778
2020	$943,235	$719,863	$1,925,088	$223,372
2018	$919,928	$693,396	$443,317	$226,532

KINGDOM AIR CORPS