Kings Home Inc

Nonprofit profile at a glance

EIN: 630760276
IRS 990 coverage: 2012–2024
Forms available: Form 990 2024
Location: Chelsea, AL, USA
Phone: 2056788331
Rating: 79
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Family Violence Shelters
Affiliation: Christianity

Official website

Reported finances

Revenue: $12,035,013
Expenses: $10,828,199
Assets: $6,247,447
Liabilities: $923,928

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

32 people listed

Executive titles in this filing

Lew Burdette (President)

Highest reported compensation

Lew Burdette (President): $283,650 total reported compensation
Jim Medley (Director of Development): $114,239 total reported compensation
Jennifer Lackey (VP of Operations): $104,950 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kings Home seeks to serve and glorify God by providing Christ-centered homes and services in which compassion and competence combine to meet the needs of women, children and families escaping domestic violence and other abusive conditions.

What it reported doing in 2024

Programs offered for adult women and their children at Kings Home serve those who are primarily escaping domestic violence. This long-term, two-year program operates five residential group homes in two Alabama counties serving up to 200 abused mothers and children daily. Referrals are received from churches, courts, law enforcement, other similar domestic violence programs, mental health and the Department of Human Services. Tangible services to assist mothers include domestic violence counseling, parenting skills, substance abuse classes, education, employment, housing, child-care services, and transportation. We offer a structured program where women may live for up to two years. A longer-term residential program such as this allows the mothers time necessary to pursue education goals, job training and/or gainful employment to become independent and successful. The five homes for women and moms with children are 50% funded by private donors and

Operating model

Revenue model: Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 77
Transparency & Controls: 70
Accountability: 100
Sustainability: 51
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 78.4%; rating input score 78
Program expense ratio: 87.1%; rating input score 87
Fundraising efficiency: $12.91 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: 10%; rating input score 67; 67th percentile among comparable filings
Total-asset coverage ratio: 0.58; rating input score 19; 19th percentile among comparable filings
Liabilities to assets ratio: 0.15; rating input score 66; 66th percentile among comparable filings
Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings

Growth

Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
Revenue growth: 9.9% per year; rating input score 100; 74th percentile among comparable filings
Asset growth: 2.2% per year; rating input score 100; 18th percentile among comparable filings

Details

Where the money goes: 78.4% of revenue deployed · 87.1% of spending went to programs
Governance: 29 of 29 board members independent · 9 of 9 filing controls reported
Programs: 4 filed program accomplishments · $9.4M in reported program spending
Leadership: top reported pay $284K · 32 people listed · 1 of 6 pay-setting controls reported
Consistency: 33 of 33 current checks pass
Schedules: 7 filed schedules · includes major donors and executive pay
Filing history: 12 filing years from 2012 to 2024
Contacts: How to reach this organization
Money network: 3 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
High — Sustainability: Total-asset coverage ratio scored 19/100.
Review — Sustainability: Officer compensation ratio scored 54/100.