Kingswood Academy
Nonprofit profile at a glance
- EIN
- 364103678
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Darien, IL, USA
- Phone
- 6308871411
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
Reported finances
- Revenue
- $1,492,352
- Expenses
- $1,438,712
- Assets
- $876,808
- Liabilities
- $150,078
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Justin Berger (President)
Highest reported compensation
- Dominic Sepich (Principal): $39,907 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kingswood Academy is an independent school servicing grades PreK3 through 8. The Central mission of Kingswood is: to aid parents in fulfilling their role as the primary educators of their children; develop the moral spiritual and intellectual formation of the children; provide an environment of academic excellence good character formation and respect for the dignity of each person; assist parents to cultivate human virtues and develop a strong moral character in their children. Our goal is that Kingswood students become competent and responsible men and women who live by Christian principals. We adhere to the teaching of the Catholic Church and emphasize the philosophy of the laity.
What it reported doing in 2024
Elementary Education school for Pre-Kindergarten through 8th grade students.
Operating model
- Revenue model
- Other-operating. 81% of the money available for current operations came from other operating revenue.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75%; rating input score 75
- Program expense ratio: 76.9%; rating input score 77
- Fundraising efficiency: Limited
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 75% of revenue deployed · 76.9% of spending went to programs
- Governance: 13 of 13 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $40K · 14 people listed
- Consistency: 43 of 43 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 12 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.