Skip to content
ProPublica Donate
ProPublica Donate

Kingdom Capital Fund

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Protestant (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$1.74M (2023)

Expenses
$535k (2023)

Total Assets
$5.22M (2023)

Total Liabilities
$269k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,738,540
Expenses
$534,956
Net Income
$1,203,584
Net Assets
$4,949,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,532,774
88.2%
Program Services $0
Investment Income $65,854
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$25,150
Sales of Assets $15,454
0.9%
Net Inventory Sales $149,608
8.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $36,269
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $14,802
2.8%
Assets/Debt
Total Assets $5,218,290
Total Liabilities $269,055
Net Assets $4,949,235
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Joseph Evenson (President Joined 10/2023) $27,038 $0 $0
Rich Merkouris (President Left 1/2023) $9,231 $0 $0
Steven Jankord (Chair) $0 $0 $0
Heath Oberloh (Vice Chair) $0 $0 $0
Rob Broin (Secretary) $0 $0 $0
Deb Konz (Treasurer) $0 $0 $0
Walt Bones (Director) $0 $0 $0
Eric Kerkvliet (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Kurt Huisken (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,314,616
Expenses
$985,954
Net Income
$1,328,662
Net Assets
$3,739,601
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,465,936
63.3%
Program Services $0
Investment Income $50,498
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$35,150
Net Fundraising $115,076
5.0%
Sales of Assets $299,522
12.9%
Net Inventory Sales $424,845
18.4%
Other Revenue -$6,111
Notable Expenses Percent of Total Expenses
Executive Compensation $79,423
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $64,356
6.5%
Assets/Debt
Total Assets $4,266,192
Total Liabilities $526,591
Net Assets $3,739,601
Compensation
Key Employees and Officers Compensation Related Other
Rich Merkouris (President) $79,423 $0 $0
Steve Jankord (Chair) $0 $0 $0
Heath Oberloh (Vice Chair) $0 $0 $0
Rob Broin (Secretary) $0 $0 $0
Deb Konz (Treasurer) $0 $0 $0
Walt Bones (Director) $0 $0 $0
Eric Kerkvliet (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Kurt Huisken (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,855,135
Expenses
$592,714
Net Income
$1,262,421
Net Assets
$2,703,024
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,420,601
76.6%
Program Services $0
Investment Income $20,429
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$57,302
Net Fundraising $165,852
8.9%
Sales of Assets $298,320
16.1%
Net Inventory Sales $0
Other Revenue $7,235
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $82,500
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $53,117
9.0%
Assets/Debt
Total Assets $2,710,930
Total Liabilities $7,906
Net Assets $2,703,024
Compensation
Key Employees and Officers Compensation Related Other
Rich Merkouris (President) $82,500 $0 $0
Steve Jankord (Chair) $0 $0 $0
Heath Oberloh (Vice Chair) $0 $0 $0
Rob Broin (Secretary) $0 $0 $0
Deb Konz (Treasurer) $0 $0 $0
Walt Bones (Director) $0 $0 $0
Sheri Carmon (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Kurt Huisken (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,101,807
Expenses
$791,578
Net Income
$310,229
Net Assets
$1,545,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $952,116
86.4%
Program Services $0
Investment Income $42,984
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income -$84,110
Net Fundraising $32,677
3.0%
Sales of Assets $91,432
8.3%
Net Inventory Sales $66,708
6.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $84,515
10.7%
Professional Fundraising Fees $0
Other Salaries and Wages $56,650
7.2%
Assets/Debt
Total Assets $1,545,802
Total Liabilities $0
Net Assets $1,545,802
Compensation
Key Employees and Officers Compensation Related Other
Rich Merkouris (President) $83,700 $0 $0
Steve Jankord (Chairman) $0 $0 $0
Kurt Huisken (Director) $0 $0 $0
Rob Broin (Director) $0 $0 $0
Sheri Carmon (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Deb Konz (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Heath Oberloh (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0
Doub Seebeck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$688,439
Expenses
$552,048
Net Income
$136,391
Net Assets
$1,146,666
Notable Sources of Revenue Percent of Total Revenue
Contributions $661,877
96.1%
Program Services $0
Investment Income $9,498
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$36,596
Net Fundraising $49,758
7.2%
Sales of Assets $2,804
0.4%
Net Inventory Sales $0
Other Revenue $1,098
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $56,650
10.3%
Assets/Debt
Total Assets $1,259,994
Total Liabilities $113,328
Net Assets $1,146,666
Compensation
Key Employees and Officers Compensation Related Other
Rich Merkouris (President) $75,000 $0 $0
Kurt Huisken (Chairman) $0 $0 $0
Rob Broin (Director) $0 $0 $0
Sheri Carmon (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Steve Jankord (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Deb Konz (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Heath Oberloh (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0
Doug Seebeck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$456,378
Expenses
$412,610
Net Income
$43,768
Net Assets
$973,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $395,820
86.7%
Program Services $0
Investment Income $13,834
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,767
2.4%
Sales of Assets $0
Net Inventory Sales $35,957
7.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,000
12.1%
Professional Fundraising Fees $0
Other Salaries and Wages $49,077
11.9%
Assets/Debt
Total Assets $1,152,734
Total Liabilities $178,874
Net Assets $973,860
Compensation
Key Employees and Officers Compensation Related Other
Rich Merkouris (President) $50,000 $0 $0
Kurt Huisken (Chairman) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Rob Broin (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Steve Jankord (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Heath Oberloh (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0
Doug Seebeck (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$965,973
Expenses
$1,798,826
Net Income
-$832,853
Net Assets
$630,092
Notable Sources of Revenue Percent of Total Revenue
Contributions $631,395
65.4%
Program Services $0
Investment Income $8,320
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$5,436
Sales of Assets -$91,537
Net Inventory Sales $47,828
5.0%
Other Revenue $375,403
38.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $75,385
4.2%
Professional Fundraising Fees $0
Other Salaries and Wages $27,500
1.5%
Assets/Debt
Total Assets $1,556,814
Total Liabilities $926,722
Net Assets $630,092
Compensation
Key Employees and Officers Compensation Related Other
B Nik Aamlid (Executive Di) $77,218 $0 $0
Kurt Huisken (Chairman) $0 $0 $0
Rob Broin (Secretary) $0 $0 $0
Blake Hoffman (Director) $0 $0 $0
Kent Huisken (Director) $0 $0 $0
Steve Jankord (Director) $0 $0 $0
Dan Lemme (Director) $0 $0 $0
Brian Hanson (Director) $0 $0 $0
Doug Seebeck (Director) $0 $0 $0
Lee Schull (Director) $0 $0 $0
Virg Dejong (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Matt Jensen (Director) $0 $0 $0
Jen Dejong (Director) $0 $0 $0
Lyle Schaap (Director) $0 $0 $0
Ross Reitsma (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$672,505
Expenses
$1,032,210
Net Income
-$359,705
Net Assets
$2,327,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $580,381
86.3%
Program Services $0
Investment Income $3,425
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $20,914
3.1%
Sales of Assets $765
0.1%
Net Inventory Sales $37,203
5.5%
Other Revenue $29,817
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $189,394
18.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,336,293
Total Liabilities $8,601
Net Assets $2,327,692
Compensation
Key Employees and Officers Compensation Related Other
Todd Knutson (President) $129,463 $0 $0
Nik Aamlid (Executive Di) $59,932 $0 $0
Steve Jankord (Board Member) $0 $0 $0
Kent Huisken (Chairman Of) $0 $0 $0
Blake Hoffman (Board Member) $0 $0 $0
Daniel Lemme (Board Member) $0 $0 $0
Brian Hansen (Board Member) $0 $0 $0
Paul Ten Haken (Board Member) $0 $0 $0
Robert Broin (Board Member) $0 $0 $0
Kurt Huisken (Chairman) $0 $0 $0
Virgil Dejongh (Board Member) $0 $0 $0
Tom Reeves (Board Member) $0 $0 $0
Lee Schull (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$479,442
Expenses
$579,889
Net Income
-$100,447
Net Assets
$1,937,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $473,955
98.9%
Program Services $0
Investment Income $2,522
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,222
0.3%
Net Inventory Sales -$32,030
Other Revenue $33,773
7.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $157,598
27.2%
Professional Fundraising Fees $0
Other Salaries and Wages $17,080
2.9%
Assets/Debt
Total Assets $1,937,986
Total Liabilities $48
Net Assets $1,937,938
Compensation
Key Employees and Officers Compensation Related Other
Todd Knutson (President) $157,598 $0 $0
Steve Jankord (Board Member) $0 $0 $0
Kent Huisken (Chairman Of) $0 $0 $0
Blake Hoffman (Board Member) $0 $0 $0
Daniel Lemme (Board Member) $0 $0 $0
Brian Hansen (Board Member) $0 $0 $0
Paul Ten Haken (Board Member) $0 $0 $0
Jeff Brands (Board Member) $0 $0 $0
Robert Broin (Board Member) $0 $0 $0
Kurt Huisken (Board Member) $0 $0 $0
Virgil Dejongh (Board Member) $0 $0 $0
Tom Reeves (Board Member) $0 $0 $0
Lee Schull (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,175,663
Expenses
$334,585
Net Income
$841,078
Net Assets
$2,038,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $873,340
74.3%
Program Services $0
Investment Income $4,526
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $159,320
13.6%
Net Inventory Sales $0
Other Revenue $138,477
11.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $147,153
44.0%
Professional Fundraising Fees $0
Other Salaries and Wages $15,600
4.7%
Assets/Debt
Total Assets $2,038,385
Total Liabilities $0
Net Assets $2,038,385

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$889,962
Expenses
$969,204
Net Income
-$79,242
Net Assets
$1,186,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $864,624
97.2%
Program Services $25,225
2.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $113
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $129,230
13.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,285
0.2%
Assets/Debt
Total Assets $1,312,846
Total Liabilities $126,473
Net Assets $1,186,373

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$15,132
Expenses
$75,997
Net Income
-$91,129
Net Assets
$677,601
Notable Sources of Revenue Percent of Total Revenue
Contributions $282,611
Program Services $0
Investment Income $134,507
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,109
Net Inventory Sales $0
Other Revenue -$434,361
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,390,190
Total Liabilities $712,589
Net Assets $677,601

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$338,493
Expenses
$79,687
Net Income
$258,806
Net Assets
$768,730
Notable Sources of Revenue Percent of Total Revenue
Contributions $347,170
> 100%
Program Services $0
Investment Income $2,670
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$505
Net Inventory Sales $0
Other Revenue -$10,841
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,395,797
Total Liabilities $1,627,067
Net Assets $768,730

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »