Nonprofit · EIN 26-0194811
KINGDOM CAPITAL FUND
Tax-exempt · SIOUX FALLS, SD 57110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,383,680 | $1,145,653 | $238,027 | $5,334,437 | $37,384 | $5,297,053 |
| December 31, 2023 | 990 | $1,738,540 | $534,956 | $1,203,584 | $5,218,290 | $269,055 | $4,949,235 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,117,237
- Program service revenue
- $0
- Investment income
- $159,129
- Net gain from sales of assets
- $30,820
- Net income from fundraising events
- $7,643
- Net income from sales of inventory
- $99,671
- Other revenue
- $107,314
Expenses
- Grants and similar amounts paid
- $773,284
- Compensation of officers, directors and key employees
- $115,000
- Other salaries and wages
- $31,969
- Salaries, compensation and benefits (total)
- $158,212
- Professional fundraising fees
- $0
- Legal fees
- $50
- Accounting fees
- $64,793
- Travel
- $11,035
- Program services (functional)
- $920,999
- Management and general (functional)
- $192,643
- Fundraising (functional)
- $32,011
Balance sheet and other
- Total assets, start of year
- $5,218,290
- Total assets, end of year
- $5,334,437
- Total liabilities, end of year
- $37,384
- Net assets, end of year
- $5,297,053
- Publicly traded securities
- $464,434
- Net assets without donor restrictions
- $5,282,053
- Net assets with donor restrictions
- $15,000
- Gross unrelated business income
- $99,671
- Gross receipts
- $1,607,041
- Employees
- 2
- Volunteers
- 50
- Year formed
- 2007
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH EVENSON | PRESIDENT Officer | 45 | $115,000 |
| STEVEN JANKORD | CHAIR Trustee or director, Officer | 10 | $0 |
| KURT HUISKEN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ROB BROIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ERIC KERKVLIET | TREASURER Trustee or director, Officer | 1 | $0 |
| WALT BONES | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE HOFFMAN | DIRECTOR Trustee or director | 1 | $0 |
| KENT HUISKEN | DIRECTOR Trustee or director | 1 | $0 |
| MATT JENSEN | DIRECTOR Trustee or director | 1 | $0 |
| DAN LEMME | DIRECTOR Trustee or director | 1 | $0 |
| DEB KONZ | DIRECTOR Trustee or director | 1 | $0 |
| BRUCE SAUGSTAD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH EVENSON | PRESIDENT - JOINED 10/2023 Officer | 45 | $27,038 |
| RICH MERKOURIS | PRESIDENT - LEFT 1/2023 Officer | 40 | $9,231 |
| STEVEN JANKORD | CHAIR Trustee or director, Officer | 10 | $0 |
| HEATH OBERLOH | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| ROB BROIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| DEB KONZ | TREASURER Trustee or director, Officer | 1 | $0 |
| WALT BONES | DIRECTOR Trustee or director | 1 | $0 |
| ERIC KERKVLIET | DIRECTOR Trustee or director | 1 | $0 |
| JEN DEJONG | DIRECTOR Trustee or director | 1 | $0 |
| BLAKE HOFFMAN | DIRECTOR Trustee or director | 1 | $0 |
| KENT HUISKEN | DIRECTOR Trustee or director | 1 | $0 |
| KURT HUISKEN | DIRECTOR Trustee or director | 1 | $0 |
| MATT JENSEN | DIRECTOR Trustee or director | 1 | $0 |
| DAN LEMME | DIRECTOR Trustee or director | 1 | $0 |
| ROSS REITSMA | DIRECTOR Trustee or director | 1 | $0 |
| LYLE SCHAAP | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5735 E 41ST ST, SIOUX FALLS, SD 57110-7581
- In care of
- % STEVE E JANKORD
- Principal officer (990 for 2024)
- JOSEPH EVENSON, 5735 E 41ST ST, SIOUX FALLS, SD 57110
- Signed the 990
- JOSEPH EVENSON, PRESIDENT
- Phone
- (605) 937-8845
- Website
- WWW.KINGDOMCAPITALFUND.ORG
- Return prepared by
- EIDE BAILLY LLP
Mission
PEOPLE DESIRE TO MAKE A REAL DIFFERENCE IN THE WORLD, BUT IT'S HARD TO KNOW HOW. KINGDOM CAPITAL FUND BRINGS PEOPLE TOGETHER TO USE THEIR TIME, TALENT, AND TREASURE FOR A KINGDOM IMPACT. WE DO THIS IN TWO WAYS: 1) MULTIPLY GIFTS THROUGH AN ENTREPRENEURIAL FUND THAT SUPPORTS STRATEGIC AND ACCOUNTABLE MINISTRIES. 2) EQUIP PEOPLE TO HONOR GOD THROUGH THEIR EVERYDAY WORK.TRANSFORMING WORK, GIVING AND LIVES.
Program accomplishments
- KINGDOM CAPITAL FUND WAS ABLE TO MAKE STRATEGIC AND IMPACTFUL GRANTS TO CHRIST-CENTERED MINISTRY PARTNERS OF $773,284 IN CALENDAR YEAR 2024.IN 2024, WE'VE SEEN INCREDIBLE KINGDOM WORK. WE'VE RECEIVED TESTIMONIES FROM OUR PARTNER MINISTRIES ABOUT FAMILIES BEING RESTORED, LIVES BEING COMMITTED TO THE LORD, AND MORE. THANKS TO THE GENEROSITY OF MANY DONORS, WE DONATED AN INCREDIBLE $410,000 TO 13 LOCAL MINISTRY PARTNERS. THIS FUNDING EQUIPPED 239 STAFF MEMBERS, ALLOWING THEM TO IMPACT 90,514 LIVES IN CHRIST'S NAME. ADDITIONALLY, $18,500 WAS PROVIDED FOR SPONSORSHIPS OF SIOUX FALLS MINISTRY EVENTS, AND $344,784 WAS GIVEN TO 4 INTERNATIONAL MINISTRY PARTNERS.THIS YEAR ALSO SAW MORE MOVEMENT FOR OUR SMITH'S COVE INVESTMENT PROJECT. THE BUILDING PHASE IS COMPLETE. FIVE LOTS HAVE SOLD, AND SIXTEEN ARE READY FOR PURCHASE, INCLUDING THE LOT WITH OUR COMPLETED SPEC HOME. WE'RE LOOKING FORWARD TO SEEING THESE PROPERTIES SOLD TO PEOPLE WHO ARE READY TO MAKE A KINGDOM DIFFERENCE. OUR ANNUAL BANQUET WAS AN UPLIFTING WAY TO WRAP UP THE YEAR, WITH 335 PEOPLE IN ATTENDANCE AND A GENEROUS MATCHING GRANT FROM OUR BOARD AND OTHER SUPPORTERS THAT INITIATED OUR YEAR-END GIVING. WITH IMMENSE GRATITUDE, WE'RE THRILLED TO ANNOUNCE THAT WE HAVE SURPASSED OUR $1M GOAL THANKS TO YOUR INCREDIBLE GENEROSITY. WE EAGERLY ANTICIPATE HOW GOD WILL USE THESE CONTRIBUTIONS FOR HIS GLORY IN THE COMING YEAR.Expenses $920,999 · grants $773,284
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-0194811
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $5,334,437
- Income (IRS master file)
- $1,607,041
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,383,680 | $1,145,653 | $5,334,437 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,738,540 | $534,956 | $5,218,290 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,314,616 | $985,954 | $4,266,192 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0194811).
Questions about KINGDOM CAPITAL FUND
- What is the EIN of KINGDOM CAPITAL FUND?
- The employer identification number (EIN) of KINGDOM CAPITAL FUND is 26-0194811.
- Is KINGDOM CAPITAL FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to KINGDOM CAPITAL FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does KINGDOM CAPITAL FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KINGDOM CAPITAL FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KINGDOM CAPITAL FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KINGDOM CAPITAL FUND?
- The 990 for the year ended December 31, 2024 names JOSEPH EVENSON.
- Who are the officers and directors of KINGDOM CAPITAL FUND?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $115,000 (JOSEPH EVENSON, PRESIDENT).
- How much revenue does KINGDOM CAPITAL FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,383,680, expenses of $1,145,653 and total assets of $5,334,437 at year end.
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