2026-07-10T14:56:21-05:00 2025-08-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-09-01 131810448 THE KING'S COLLEGE KING 2126597200 112 WEST 34TH STREET 18TH FLOOR NEW YORK NY 10120 JENNIFER ANDERSON VP FINANCE/TREASURER 2126597200 2026-07-10 1 0 DAREN DAIGA P01074795 5055022746 2026-07-10 2024 2025-03-06 01:10:19Z ANDREW MILLS 112 WEST 34TH STREET 18TH FLOOR NEW YORK NY 10120 2107800 0 X WWW.TKC.EDU X 1938 NY CHRISTIAN COLLEGE PREPARING STUDENTS FOR PRINCIPLED LEADERSHIP AROUND THE WORLD. 7 7 9 10 0 0 266642 1556370 108530 196197 -1077831 328255 232668 1546 -469991 2082368 0 0 0 0 733865 174416 0 0 74380 6162513 2939938 6896378 3114354 -7366369 -1031986 22940456 22781728 28750864 29624122 -5810408 -6842394 X (SEE SCHEDULE O) 0 0 2406345 0 197743 EDUCATION OF STUDENTS - THE COLLEGE HAD NO DEGREE SEEKING STUDENTS FOR FALL 2024 OR SPRING 2025. IN JULY 2025, THE BOARD OF TRUSTEES ANNOUNCED THE COLLEGE WOULD REMAIN CLOSED PERMANENTLY AND WAS BEGINNING THE PROCESS OF DISSOLUTION.THROUGH ITS COMMITMENT TO THE TRUTHS OF CHRISTIANITY AND A BIBLICAL WORLDVIEW, THE KING'S COLLEGE SEEKS TO TRANSFORM SOCIETY BY PREPARING STUDENTS FOR CAREERS IN WHICH THEY HELP TO SHAPE AND EVENTUALLY TO LEAD STRATEGIC PUBLIC AND PRIVATE INSTITUTIONS, AND BY SUPPORTING FACULTY MEMBERS AS THEY DIRECTLY ENGAGE CULTURE THROUGH WRITING AND SPEAKING PUBLICLY ON CRITICAL ISSUES.(CONTINUED ON SCHEDULE O)AT THE KING'S COLLEGE, WE SEEK TO UNDERSTAND SOCIETY, TO STRENGTHEN AND APPLY OUR INTELLECT, AND TO DEVELOP CHRISTIAN CHARACTER, SO THAT WE MAY CHALLENGE, CHANGE, AND IMPROVE OUR CULTURE. FOR FOUR YEARS, OUR STUDENTS ARE SHAPED BY A RELEVANT AND SOPHISTICATED BIBLICAL WORLDVIEW. STUDENTS BECOME PERSUASIVE, INFLUENTIAL GRADUATES WHO COMMUNICATE WITH CLARITY AND FORCE AND WHO SUCCEED IN CHALLENGING PROFESSIONS. THIS IS ACCOMPLISHED THROUGH OUR CORE CURRICULUM AND MAJOR COURSES LEADING TO DEGREES IN POLITICS, PHILOSOPHY AND ECONOMICS; MEDIA, CULTURE AND THE ARTS; FINANCE; BUSINESS MANAGEMENT; RELIGIOUS AND THEOLOGICAL STUDIES; ENGLISH; PHILOSOPHY; HUMANITIES AND JOURNALISM, CULTURE AND SOCIETY. WE EDUCATE YOUNG LEADERS TO SEAMLESSLY INTEGRATE THEIR FAITH, ETHICS, AND MORALITY INTO THEIR LIVES AND CAREERS. STUDENTS ARE IMMERSED IN CHALLENGING ACADEMIC AND SPIRITUAL STUDY THAT DEMANDS THINKING, COMMUNICATING, AND PROBLEM-SOLVING WITH THE MIND, HEART, AND SOUL. WE REQUIRE ENGAGEMENT WITH COMPLEX IDEAS TO GUIDE THE STRATEGIC INSTITUTIONS OF SOCIETY - GOVERNMENT, COMMERCE, LAW, MEDIA, CIVIL SOCIETY, EDUCATION, THE ARTS, AND THE CHURCH. WE PARTICIPATE IN A DEMANDING CURRICULUM AND PRESENT UNIQUE OPPORTUNITIES TO STUDENTS IN THE HEART OF NEW YORK CITY. WE ARE NOT A COLLEGE FOR THE FAINT OF HEART - WE CALL OUR STUDENTS TO BE GOOD, BRAVE, AND READY. 2406345 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 24 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X JUDY BARRINGER 2126597200 112 WEST 34TH STREET 18TH FLOOR NEW YORK NY 10120 X STEVEN S FRENCH INTERIM PRESIDENT 20.00 X X 0 0 0 HENRY MORRIELLO CHAIRMAN 7.00 X X 0 0 0 ANDREW G MILLS TRUSTEE 8.00 X 0 0 0 BETHANY PICKETT SHAH TRUSTEE 1.00 X 0 0 0 CHRISTOPHER ROSS TRUSTEE 4.00 X 0 0 0 JOHN URBAN TRUSTEE 4.00 X 0 0 0 MATTHEW DIETERLE TRUSTEE 4.00 X 0 0 0 DAVID A PALOMARES TRUSTEE (PART YEAR) 0.50 X 0 0 0 JENNIFER ANDERSON VP FINANCE/TREASURER/SECRETARY 4.50 X 41484 0 428 HENRY BLEATTLER ASSOCIATE PROFESSOR/INTERIM PROVOST 2.00 X 7000 0 0 48484 0 428 0 0 0 0 0 1487391 68979 1556370 AUXILIARY ENTERPRISES 611710 196197 196197 196197 328255 328255 25432 25432 0 0 1546 1546 1546 2082368 197743 0 328255 20844 7084 13030 730 112836 23284 86294 3258 446 446 29965 22033 7932 10325 2346 7674 305 43500 43500 6500 6500 65315 36285 19030 10000 18847 3738 456 14653 8968 7415 1258 295 2578922 2294313 239563 45046 3354 3354 163 163 982 982 36302 36302 BAD DEBT EXPENSE 159418 159418 DUES & SUBSCRIPTIONS 6075 6000 75 EQUIPMENT 4432 3847 492 93 7160 7160 3114354 2406345 633629 74380 329015 2146064 98631 5852 10850 9618 22676 10217 10217 66904 42154 101362 101362 0 0 553319 578751 21848844 19989072 22940456 22781728 3397740 3485255 400000 400000 24953124 25738867 28750864 29624122 X -6618781 -7582583 808373 740189 -5810408 -6842394 22940456 22781728 -1031986 0 X 0 0 0 X 7050102 4530128 2988253 266642 1556370 16391495 7050102 4530128 2988253 266642 1556370 16391495 2282456 14109039 976803 1085844 561274 257465 328255 3209641 67462 21896 30634 35794 1546 157332 19758468 43423461 0.71410 0.72460 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2020 AMOUNT: $ 67,462. 2021 AMOUNT: $ 21,896. 2022 AMOUNT: $ 30,634. 2023 AMOUNT: $ 35,794. 2024 AMOUNT: $ 1,546. SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. 516694 23749 1722 538721 489892 26802 516694 484100 20563 14771 489892 483006 1389 295 484100 482932 94 20 483006 0.00000 1.00000 0.00000 0 0 101362 101362 0 0 OPERATING LEASE - RIGHT-OF-USE ASSETS 19989072 19989072 OPERATING LEASE LIABILITIES 25716785 ANNUITIES PAYABLE 22082 25738867 PART V, LINE 4: PROCEEDS FROM THE ENDOWMENT FUNDS ARE USED TO FUND SCHOLARSHIPS FOR STUDENTS BASED ON CRITERIA SET UP WHEN THE ENDOWMENT FUND WAS ESTABLISHED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ITS PROGRAMS. THE COLLEGE'S PROMOTIONAL ACTIVITIES FOR ITS PROGRAMS ARE DESIGNED TO INFORM ALL RACIAL SEGMENTS IN THE GENERAL COMMUNITIES WITHIN THE AREA OF THE AVAILABILITY OF THE COLLEGE. A CLAUSE IS INCLUDED IN THE COLLEGE'S CATALOG, AND ALSO ON THE HOMEPAGE OF ITS WEBSITE EFFECTIVE MAY 2020. A STATEMENT OF NON-DISCRIMINATION IS ALSO INCLUDED IN THE EMAIL SIGNATURE OF RECRUITMENT EMAILS TO PROSPECTIVE STUDENTS. THE COLLEGE HAS NOT OFFERED CLASSES OR RECRUITED STUDENTS SINCE THE BOARD OF TRUSTEES ANNOUNCEMENT IN JULY 2023 OF THE SUSPENSION OF OPERATIONS. IN JULY 2025, THE BOARD OF TRUSTEES ANNOUNCED THE COLLEGE WOULD REMAIN CLOSED PERMANENTLY AND WAS BEGINNING THE PROCESS OF DISSOLUTION. SCHEDULE E, PART I, LINE 6 LINE 6(A) - FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: THE KING'S COLLEGE RECEIVED THE ERC FUNDS AS PART OF THE CARES ACT FUNDING. LINE 6(B) - REVOCATION OR SUSPENSION OF GOVERNMENTAL AID OR ASSISTANCE: DUE TO THE CESSATION OF CLASSES BEGINNING WITH FALL 2023, IN SEPTEMBER 2023, THE COLLEGE RECEIVED NOTIFICATION FROM THE US DEPARTMENT OF EDUCATION THAT IT WAS NO LONGER ELIGIBLE TO PARTICIPATE IN TITLE IV FEDERAL STUDENT AID PROGRAMS EFFECTIVE AUGUST 31, 2023. NANCY KIMBALL FAMILY MEMBER OF STEVE FRENCH, INTERIM PRESIDENT BRIDGE LOAN FOR GENERAL OPERATIONS X 1000000 400000 0 1 1 400000 FORM 990, PART III, LINE 1: THROUGH ITS COMMITMENT TO THE TRUTHS OF CHRISTIANITY AND A BIBLICAL WORLDVIEW, THE KING'S COLLEGE SEEKS TO TRANSFORM SOCIETY BY PREPARING STUDENTS FOR CAREERS IN WHICH THEY HELP TO SHAPE AND EVENTUALLY LEAD STRATEGIC PUBLIC AND PRIVATE INSTITUTIONS, AND BY SUPPORTING FACULTY MEMBERS AS THEY DIRECTLY ENGAGE CULTURE THROUGH WRITING AND SPEAKING PUBLICLY ON CRITICAL ISSUES. THE KING'S COLLEGE SEEKS TO TRANSFORM SOCIETY AS IT EDUCATES STUDENTS FOR THE LONG-TERM GOAL OF LEADING STRATEGIC PUBLIC AND PRIVATE INSTITUTIONS BY PROVIDING A FOUNDATION IN CLASSIC SOCIAL AND POLITICAL THEORY, WESTERN HISTORY, ECONOMIC ANALYSIS, PHILOSOPHICAL INQUIRY, LOGIC, ABSTRACT THOUGHT, THEOLOGY, AND THE DISCIPLINES OF WRITING AND THE SPOKEN WORD. THE COLLEGE AIMS TO EQUIP STUDENTS WITH LIFE-LONG HABITS OF MIND, INTELLECTUAL SKILLS, AND ENDURING MOTIVATIONS, RATHER THAN MERELY VOCATIONAL SKILLS OR PRE-PROFESSIONAL TRAINING. WE RECOGNIZE THE NEED TO EDUCATE STUDENTS AS WHOLE PERSONS WITH THE MORAL ASTUTENESS, INTELLECTUAL INSIGHT, AND PERSONAL DISCIPLINE TO BECOME AUTONOMOUS (LITERALLY, LAW-GOVERNED) ADULTS. TO THAT END, WE ASPIRE TO A FORM OF EDUCATION THAT INTEGRATES CLASSROOM INSTRUCTION, EXTRA-CURRICULAR COMMITMENTS, AND SERVICE TO THE LARGER COMMUNITY. EVEN THOUGH OUR PROGRAM IS NOT IN SPIRIT VOCATIONAL OR PRE-PROFESSIONAL, WE RECOGNIZE THAT OUR GRADUATES MUST BE PREPARED TO ENTER AN ECONOMY AND A SOCIETY THAT ALREADY EXISTS AND CANNOT BE MADE TO ORDER. TO THAT END, WE ARE COMMITTED TO EQUIPPING STUDENTS WITH A THOROUGH UNDERSTANDING OF THE ORGANIZATION OF CONTEMPORARY SOCIETY AND THE VARIOUS PROFESSIONS THAT INFLUENCE THE "STRATEGIC INSTITUTIONS" (GOVERNMENT, BUSINESS, LAW, THE MEDIA, CIVIL SOCIETY, EDUCATION, THE ARTS, AND THE CHURCH); TO GIVE THEM REALISTIC MAPS OF HOW CAREERS IN THOSE FIELDS TYPICALLY ADVANCE; AND TO ACQUAINT THEM WITH THE PROXIMATE STEPS, WHETHER THROUGH FURTHER EDUCATION OR ENTRY-LEVEL POSITIONS, THAT WILL SET THEM ON A COURSE TOWARDS LONGER-TERM SUCCESS. THE KING'S COLLEGE SERVES STUDENTS WHO SEEK A RIGOROUS UNDERGRADUATE EDUCATION THAT IS ROOTED IN THE CHRISTIAN LIBERAL ARTS TRADITION. THE COLLEGE IS OPEN TO ALL STUDENTS, REGARDLESS OF THEIR RELIGIOUS AFFILIATIONS. THE COLLEGE IS ALSO COMMITTED TO SUPPORTING FACULTY MEMBERS AS THEY PROVIDE A RIGOROUS UNDERGRADUATE EDUCATION TO STUDENTS AND ALSO AS THEY DIRECTLY ENGAGE CULTURE THROUGH WRITING AND SPEAKING PUBLICLY ON CRITICAL ISSUES. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS DURING THE YEAR TO CHANGE THE NUMBER OF BOARD MEMBERS AND TO ALLOW THE PRESIDENT TO VOTE AS A MEMBER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FIRST DRAFT OF THE 990 WILL BE REVIEWED BY THE CONTROLLER. A REVISED DRAFT WILL THEN BE SUBMITTED FOR REVIEW TO THE COLLEGE'S VP FINANCE/TREASURER. ONCE THE ABOVE REFERENCED INDIVIDUALS REVIEW AND APPROVE THE DRAFT 990, AND ANY REQUIRED CHANGES ARE MADE, A FINAL DRAFT WILL BE PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES, WHICH HAS BEEN DELEGATED BY THE BOARD OF TRUSTEES, TO REVIEW THE FORM 990. AFTER REVIEW BY THE AUDIT COMMITTEE, A COPY WILL BE PROVIDED TO THE FULL BOARD OF TRUSTEES AS WELL. THE NAMES AND ADDRESSES OF CONTRIBUTORS ARE REMOVED FROM SCHEDULE B IN THE COPY PROVIDED TO THE AUDIT COMMITTEE AND BOARD OF TRUSTEES BECAUSE THE INFORMATION IS CONFIDENTIAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS CIRCULATED YEARLY IN CONNECTION WITH THE ANNUAL MEETING. THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND PROVIDE UPDATED INFORMATION, DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST, AND SIGN THE FORM. THE BOARD SECRETARY MONITORS AND KEEPS TRACK OF THE DISCLOSURES MADE. ANY CONFLICTS OF INTEREST ARE REPORTED TO THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, AND ARE REFLECTED IN THE MINUTES. IF AN ISSUE THAT INVOLVES A CONFLICT OF INTEREST WERE TO ARISE AT A BOARD MEETING, THE INTERESTED PERSON WOULD ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - THE PROCESS FOR DETERMINING COMPENSATION FOR THE INTERIM PRESIDENT INCLUDES A REVIEW BY THE FULL BOARD, USE OF COMPARABILITY DATA, AND DOCUMENTATION OF THE DELIBERATION AND DECISION IN THE BOARD MINUTES. LINE 15B - FINAL APPROVAL OF OTHER OFFICER/KEY EMPLOYEE SALARIES IS THE RESPONSIBILITY OF THE BOARD OF TRUSTEES. SALARY RECOMMENDATIONS ARE INITIALLY PREPARED BY THE PRESIDENT BASED ON HIS/HER ASSESSMENT OF PERFORMANCE. IN ADDITION, THE PRESIDENT AND BOARD ANNUALLY REVIEW COMPENSATION SURVEY DATA COLLECTED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR) WHICH REPORTS HIGHER EDUCATION COMPENSATION LEVELS ON A NATIONAL AND REGIONAL BASIS. THE DELIBERATION AND APPROVAL OF THE COMPENSATION IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE KING'S COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: THE COMPENSATION DATA REFLECTED IN PART VII IS REPORTED BASED ON THE CALENDAR YEAR 2024 WHEREAS MOST OF THE INFORMATION PROVIDED IN THE FORM 990 IS FOR THE FISCAL YEAR (9/1/24 - 8/31/25). 102 SPE LLC 112 WEST 34TH STREET 18TH FLOOR NEW YORK NY 10120 131810448 HOLDS PROPERTY AND DEBT NY 0 0 THE KING'S COLLEGE NORTHEASTERN BIBLE COLLEGE 112 WEST 34TH STREET NEW YORK NY 10120 221546174 COLLEGE NJ 501(C)(3) LINE 2 THE KING'S COLLEGE 1 NEW YORK FOUNDATION FOR LEADERSHIP 330 N BRAND BLVD SUITE 700 GLENDALE CA 91203 460470325 SUPPORTING ORG CA 501(C)(3) LINE 12A, I THE KING'S COLLEGE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0