2021-05-17T16:20:46-05:00 2020-06-30 363990892 Capin Crouse LLP 1000 Texan Trail STE 125 Grapevine TX 76051 990 2019-07-01 464671972 The King's University KING 8175523700 2121 East Southlake Blvd Southlake TX 76092 Ashley Green CFO 8175523700 2021-05-17 1 Ted R Batson Jr P00721951 5055022746 2019 2022-09-23 18:48:47Z Dr Jon Chasteen 2121 East Southlake Blvd Southlake TX 76092 6453186 0 X www.tku.edu X 2013 TX Prepare and educate men and women for effective leadership and Christ-like servanthood. 12 11 207 11 0 0 0 0 6266634 6453186 0 0 0 0 6266634 6453186 0 0 0 0 6266634 6453186 0 0 491926 0 0 6266634 6453186 0 0 0 0 0 0 0 0 X The King's University is a Spirit-filled evangelical institution of higher education, dedicated to the preparation of men and women for effective leadership and Christ-like servanthood. 0 0 4581712 6453186 The University provides an undergraduate education and graduate level seminary education with a student enrollment of almost 800: 399 (undergraduate) and 396 (graduate). Degree programs offered include Associate of Christian Ministries, Associate of Worship Leadership, Bachelor of Biblical & Theological Studies (Theological Studies, Music & Worship, Messianic Jewish Studies), Bachelor of Biblical Counseling, Bachelor of Christian Ministries, Bachelor of Intercultural Studies (Evangelism and Missions), Bachelor of Media Arts, Bachelor of General Christian Studies, Bachelor of Worship Leadership, Master of Divinity (Messianic Jewish Studies, Theology), Master of Marriage and Family Therapy (MMFT) (Counseling), Master of Practical Theology (Ministry), Master of Organizational Leadership (Leadership) and Doctoral of Ministry. 4581712 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 1 0 0 207 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Ashley Green 8175523700 2121 East Southlake Blvd Southlake TX 76092 Dr Jon Chasteen President 1.00 39.00 X X 223278 0 174194 Dr David Cole Provost/CAO 1.00 39.00 X 127791 0 45926 Dr Mitchell Land Dean of Media Arts 1.00 39.00 X 136163 0 6230 Ashley Green CFO/VP of Bus Admin/Secret 1.00 39.00 X 107332 0 21606 Rhonda Davis VP Enrollment Manager 1.00 39.00 X 107310 0 8776 Dr Kenneth Ulmer Vice Chair/Trustee 0.50 0.50 X X 5940 0 0 Dr Jack Hayford Chancellor Emeritus 1.00 3.00 X 0 0 0 Dr Robert Morris Chancellor/Trustee 0.50 0.50 X X 0 0 0 Pastor Kevin Grove Chairman/Trustee 1.00 3.00 X X 0 0 0 Dr Sterling Brackett Trustee 0.50 0.50 X 0 0 0 Larry Dantzler Trustee 0.50 0.50 X 0 0 0 Pastor Dan Hicks Trustee 0.50 0.50 X 0 0 0 Dr Howard Kaloogian Trustee 0.50 0.50 X 0 0 0 Dennis Newman Trustee 0.50 0.50 X 0 0 0 Rev Robert Stearns Trustee 0.50 0.50 X 0 0 0 Dr Jack Young Trustee 0.50 0.50 X 0 0 0 Pastor Tom Lane Trustee 0.50 4.50 X 0 0 0 707814 0 256732 5 0 1 0 0 Program Revenue 900099 6453186 6453186 6453186 6453186 6453186 0 0 541648 5940 336227 199481 14780 14780 4236184 3377769 579757 278658 82782 69996 9856 2930 1316192 966166 350026 261600 147061 103682 10857 6453186 4581712 1379548 491926 0 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 X 0 1 X 1 1 1 X 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The organization publishes its nondiscriminatory policy on the homepage of its website and all solicitations for students contain a statement of the University's racially nondiscriminatory policy, as well as the student catalog available on the University's website. Schedule E, Part I, Line 6 The University receives funds for the Federal Direct Student Loan Program, Federal Pell Grants, Federal Supplemental Educational Opportunity Grant Program, and the Federal Work-Study Program, Higher Education Emergency Relief Fund, and the Paycheck Protection Program. X 1 1 X X X 0 0 0 0 0 0 0 1 0 Dr Jon Chasteen President 222038 0 1000 0 240 0 26883 0 147551 0 397712 0 0 0 Dr David Cole Provost/CAO 125023 0 1000 0 1768 0 4214 0 43068 0 175073 0 0 0 Part I, Line 1a Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Dr. Jon Chasteen, President, and Dr. David Cole, Provost, met the qualifications for and received a ministerial housing allowance during the tax year. Part I, Line 7 There were various discretionary bonus payments made during the fiscal year which were determined by the board of directors and provided to officers and employees as approved. Rebecca Bauer Family member of Jack Hayford, Officer 14780 Employee compensation 0 Form 990, Part VI, Section A, line 1 The Executive Committee is composed of the Chairman, Vice-Chairman, Chancellor and President. The Committee is authorized to exercise any and all powers which the board of trustees of the corporation is empowered to exercise, except as prohibited by law, the Articles and the Bylaws of the corporation. The Committee reports its activities and affairs to the board of trustees at the next meeting. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm and is first reviewed in detail by the Director of Finance and Chief Financial Officer. A full copy of the 990 is then provided to the board members prior to being filed. Form 990, Part VI, Section B, line 12c The conflict of interest policy requires each trustee to disclose actual or possible conflicts of interest on an annual basis. The Executive Team, which consists of the President and two Vice Presidents, evaluates each disclosure to determine if an actual conflict exists; in the case that a member of the Executive Team is involved in the disclosure, the board will make the determination. Following the disclosure, the responsible person recuses him or herself from the discussion and vote on the transaction or arrangement involving the possible conflict of interest. The Chairperson has the authority to appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After excercising due diligence, the board and/or Executive Team shall determine whether the university can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. Form 990, Part VI, Section B, line 15 Compensation for the President and other officers is determined by the Executive Committee of the board. Comparability data is examined annually, including Form 990's from similar universities. Compensation deliberations are recorded in the Executive Committee minutes and in the board minutes. Form 990, Part VI, Section C, line 19 The organization's conflict of interest policy, governing documents, and financial statements are available upon request. The King's University 2121 East Southlake Blvd Southlake TX 76092 954663290 Private school CA 501(c)(3) Line 2 The King's University (TX) 1 Charitable remainder unitrust (1) Hold assets & remit income to grantors CA The King's University T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 The King's University N The King's University O The King's University Q 6453185 Book Value