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Kingsway Learning Center

Moorestown, NJ · EIN 22-2126371 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Kingsway Learning Center reported $19.5 million in revenue and $19.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.25 went to program services, $8.75 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.6% of the total. The highest compensation it reported for one person was $201,417 (CHIEF EXECUTIVE OFFICER). 5 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $20M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
99.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$201,417$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.03%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1.613.3
Independent voting board members
Part VI 1a–1b
9 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$18M expenses · 100.0% of program spending · revenue $20M

Educational programs:kingsway offers a full-day preschool program for children ages 3 to 5 presenting with learning, communication, sensory, fine or gross motor, behavioral and/or medical challenges. Our program embraces play-based learning in a nurturing, fun, and safe environment. Our highly qualified team is committed to working with each child to address individual educational and therapeutic goals while encouraging self-initiated exploration.the elementary program addresses the needs of students age 5-14 who present with an array of developmental and learning challenges. With a…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 1.00 hrs/week
$0$153,336$48,081$201,417
PRINCIPAL
Highest compensated employee, 35.00 hrs/week
$129,229$0$43,821$173,050
CONTROLLER
Officer, 1.00 hrs/week
$0$118,476$46,354$164,830
SUPERVISOR OF SPECIAL EDUC
Highest compensated employee, 35.00 hrs/week
$117,960$0$46,488$164,448
DIRECTOR OF HR
Highest compensated employee, 1.00 hrs/week
$0$113,659$34,253$147,912
SPEECH LANGUAGE THERAPIST
Highest compensated employee, 35.00 hrs/week
$128,860$0$10,102$138,962
SPEECH LANGUAGE THERAPIST
Highest compensated employee, 35.00 hrs/week
$117,535$0$9,424$126,959

5 people received more than $100,000 in reportable compensation from Kingsway Learning Center (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$20M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$20M$19M91.3%$2.5M$201,417
FY2024 ⓘ$19M$19M91.9%$2.4M$190,911
FY2023 ⓘ$19M$18M91.2%$2.3M$160,500
FY2022 ⓘ$18M$18M91.5%$2.2M$183,295
FY2021 ⓘ$17M$17M91.7%$2.2M$168,202
FY2020 ⓘ$18M$18M90.3%$2.3M$159,110

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5351
  • Volunteers Part I, line 610

Private foundation grants it received

3 private foundations reported grants to Kingsway Learning Center totaling $1,730 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Kingsway Learning Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Kingsway Learning Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Kingsway Learning Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Kingsway Learning Center reported that 91.3% of its $19.5 million in expenses went to program services, 8.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Kingsway Learning Center pay its top executive?

The largest total compensation Kingsway Learning Center reported for one person in the fiscal year ending June 30, 2025 was $201,417, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Kingsway Learning Center get its money?

Of $19.5 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants and 99.6% from program service revenue (Form 990, Part VIII).

Is Kingsway Learning Center a registered charity?

The IRS lists EIN 22-2126371 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640719349301714 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520179349301517 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410529349300116 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300839349301000 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200899349301370 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140779349301609 · read the filing

All filings for EIN 22-2126371: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.