Florida · Nonprofit
THE KING'S ACADEMY INC
THE KING'S ACADEMY INC (Florida) receives grants from 48 organizations whose IRS filings report $15,098,321 to it, the largest being THE FRANK DIMINO FOUNDATION INC ($5,924,000). 28 of them have funded it in more than one year.
- Revenue FY2025
- $56M
- Funders on record
- 48
- Grants received
- $15M
- Net assets
- $57M
What The King's Academy Inc does
Mission
The king's academy exists to assist the home and church in their endeavor to "train up a child in the way he should go" (proverbs 22:6). Its mission is to share salvation through jesus christ and to graduate christian leaders who seek to impact their world for the king of kings through academic excellence and spiritual vitality.
As stated on its FY2025 Form 990.
Program
Comprehensive in-person and online or full-time and part-time education program - preschool through grade twelve, serving approximately 1,955 students.
$47,277,003 spentof which $11,325,475 as grants$51,816,027 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $47,277,003.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $78M to $85M (+9%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 5% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.
5% of THE KING'S ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Steve Rasmussen
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 15 funders, grant income rose $129k → $3.5M.
13 of 48 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE KING'S ACADEMY INC’s funders (the co-funder graph). Top 30 of 48 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE KING'S ACADEMY INC leans on a few funders — its largest provides 39% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 39% · 2018 25% · 2019 58% · 2020 39% · 2021 44% · 2022 42% · 2023 61% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of THE KING'S ACADEMY INC's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
85% of THE KING'S ACADEMY INC's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
THE KING'S ACADEMY INC runs a healthier operating margin than half of the 3,794 education nonprofits its size.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Organizations like THE KING'S ACADEMY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 6 related entities
- The King's Academy Preschool LLC · disregarded
- 1949 Sansbury Way LLC · disregarded
- 5526 Old Bridge Road LLC · disregarded
- 1631 Rock Terrace LLC · disregarded
- 9226 Nugent Trail LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for THE KING'S ACADEMY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE KING'S ACADEMY INC?
- THE KING'S ACADEMY INC (Florida) receives grants from 48 organizations whose IRS filings report $15,098,321 to it, the largest being THE FRANK DIMINO FOUNDATION INC ($5,924,000). 28 of them have funded it in more than one year.
- How many funders does THE KING'S ACADEMY INC have?
- IRS filings report 48 organizations giving $15,098,321 in grants to THE KING'S ACADEMY INC, 28 of which have funded it in more than one year.
- Who is the largest funder of THE KING'S ACADEMY INC?
- THE FRANK DIMINO FOUNDATION INC is the largest funder on record, with $5,924,000 in grants. The full list of funders is on this page.
- How can an organization like THE KING'S ACADEMY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds King's Academy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 48 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing