King Street Center Inc

What it reported doing in 2024

Early education: king street centers 5-star, head start therapeutic child care program is made up of the toddler and preschool classrooms and serves children ages eighteen months through five years old. Guided by the pillars of play, equity, communication, and health & safety, the early childhood education program provides opportunities for learning, growth, and success in a positive, developmentally-appropriate environment through child-directed, open-ended play. The program emphasizes social-emotional development, and nurtures childrens own interests and natural curiosity. K-5: king street centers kindergarten-5th grade youth development program serves children ages 5 years old to 10 years old through afterschool and camp programs for 42 weeks of the year. The program is rooted in social- emotional learning, positive relationship building with peers and adults, educational enrichment, recreation, meeting basic needs, community connection, and equitable opportunities for children and their families to feel a sense of belonging. Children in this program are provided with a caring adult mentor each week to work on literacy and play educational games through our book buddy program. Teen: king street centers teen program serves middle and high school youth in 6th-12th grade through afterschool and camp programs for 42 weeks of the year, providing healthy activities, educational resources, community engagement, and risk-prevention programming. Teens are served warm meals daily. The primary focus of this program is to provide experiences outside of the center so that youth can find their passions, explore potential careers, and begin planning for a life beyond high school. The middle school program provides more educational support and recreational and community outing opportunities to students. It also includes a job club program where youth learn key skills like financial literacy and customer service to help prepare them for future jobs. The high school program features an academic & career exploration (ace) program exposing students to potential career paths and supporting them in navigating post-secondary education plans. Ace connects students to local businesses, entrepreneurs, and professionals with specific skills, and offers the chance to find a passion to pursue, while providing a stipend to participants so they dont have to choose between getting a part-time evening job and planning for their future. Mentor: king street centers mentor program fosters positive relationship building for children and youth at every stage of childhood and adolescence starting in kindergarten through our community mentor, book buddy, and peer mentor programs. Community mentors are adults matched with k-12 students, and the book buddy program matches k-5 students with adults to read and play educational games with each week while at the center. The peer mentor program matches high school students with k-5 children to meet with weekly at the center.

Financial Efficiency

• Mission deployment rate: 70.4%; rating input score 70
• Program expense ratio: 75%; rating input score 75
• Fundraising efficiency: $5.83 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.3%; rating input score 92; 23rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5.5%; rating input score 52; 52nd percentile among comparable filings
• Total-asset coverage ratio: 3.35; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
• Officer compensation ratio: 4.8%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 6.8% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 2.3% per year; rating input score 100; 22nd percentile among comparable filings
• Asset growth: 2.2% per year; rating input score 100; 21st percentile among comparable filings