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Carl B And Florence E King Foundation

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: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$10.4M (2024)

Expenses
$6.22M (2024)

Total Assets
$90.6M (2024)

Total Liabilities
$1.23k (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

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.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,395,897
Expenses
$6,219,726
Net Income
$4,176,171
Net Assets
$90,570,514
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $167,068
1.6%
Dividends $2,709,322
26.1%
Sales of Assets $1,788,373
17.2%
Other Income $5,731,134
55.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,422,031
71.1%
Compensation of Officers* $234,150
3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $90,571,744
Total Liabilities $1,230
Net Assets $90,570,514
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $234,150 $23,415
Crystal Smith (Dir. Of Acct) $120,000 $12,000
Amanda Finney (Sr Program Officer) $103,950 $10,395
Joyvin Benton (Program Officer) $67,292 $6,729
Amie Anderson (Grants Admin.) $64,050 $6,405
Gwen Bennett (Executive Asst) $62,333 $6,233
Teresa D Wilkinson (Chairman) $0 $0
Libby Stephens (Director) $0 $0
Mary Anne Pia Frodsham (Director) $0 $0
Robert I Fernandez (Treasurer) $0 $0
Michael E Phillips (Director) $0 $0
Hunter Phillips (Secretary) $0 $0
Randy Henderson (Director) $0 $0
Regan Gruber Moffitt (Director) $0 $0
Easley B Waggoner (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$8,446,364
Expenses
$5,477,018
Net Income
$2,969,346
Net Assets
$86,062,596
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $127,598
1.5%
Dividends $1,926,396
22.8%
Sales of Assets $1,412,320
16.7%
Other Income $4,980,050
59.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,879,947
70.8%
Compensation of Officers* $223,000
4.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $86,069,271
Total Liabilities $6,675
Net Assets $86,062,596
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $223,000 $24,030
Crystal Smith (Dir. Of Acct) $103,000 $10,300
Amanda Finney (Program Officer) $99,000 $9,900
Amie Morgan (Program Associate) $61,000 $6,100
Teresa D Wilkinson (Chairman) $0 $0
Libby Campbell (Director) $0 $0
Ann Fielder (Dir. Emeritus) $0 $0
Mary Anne Pia Frodsham (Director) $0 $0
Kimberly H Evans (Dir. Emeritus) $0 $0
Robert I Fernandez (Treasurer) $0 $0
Michael E Phillips (Director) $0 $0
Patricia A Porter (Dir. Emeritus) $0 $0
Hunter Phillips (Secretary) $0 $0
Randy Henderson (Director) $0 $0
Regan Gruber Moffitt (Director) $0 $0
Easley B Waggoner (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$7,750,701
Expenses
$5,982,235
Net Income
$1,768,466
Net Assets
$82,780,613
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,701
0.1%
Dividends $1,785,239
23.0%
Sales of Assets -$1,527,180
Other Income $7,483,941
96.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,829,213
80.7%
Compensation of Officers* $255,116
4.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $82,795,225
Total Liabilities $14,612
Net Assets $82,780,613
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $233,496 $21,620
Crystal Smith (Dir. Of Acct) $99,000 $9,900
Amanda Finney (Program Officer) $96,000 $9,600
Amie Morgan (Program Associate) $59,000 $5,900
Teresa D Wilkinson (Chairman) $0 $0
Libby Campbell (Vice President) $0 $0
Ann Fielder (Dir. Emeritus) $0 $0
Mary Anne Pia Frodsham (Vice President) $0 $0
Kimberly H Evans (Vice President) $0 $0
Robert I Fernandez (Treasurer) $0 $0
Michael E Phillips (Vice President) $0 $0
Patricia A Porter (Dir. Emeritus) $0 $0
Hunter Phillips (Secretary) $0 $0
Randy Henderson (Director) $0 $0
Regan Gruber Moffitt (Director) $0 $0
Easley B Waggoner (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,715,813
Expenses
$5,160,146
Net Income
$5,555,667
Net Assets
$80,704,280
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,572
0.0%
Dividends $2,881,780
26.9%
Sales of Assets $4,174,780
39.0%
Other Income $3,657,681
34.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,450,466
86.2%
Compensation of Officers* $203,940
4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $80,715,776
Total Liabilities $11,496
Net Assets $80,704,280
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $203,940 $20,394
Amanda Finney (Program Officer) $90,000 $9,000
Crystal Smith (Dir. Of Acct) $86,000 $8,600
Amie Morgan (Program Associate) $54,000 $5,400
Teresa D Wilkinson (Chairman) $0 $0
Libby Campbell (Vice President) $0 $0
Ann Fielder (Dir. Emeritus) $0 $0
Mary Anne Pia Frodsham (Vice President) $0 $0
Kimberly H Evans (Vice President) $0 $0
Robert I Fernandez (Treasurer) $0 $0
Michael E Phillips (Vice President) $0 $0
Patricia A Porter (Dir. Emeritus) $0 $0
Hunter Phillips (Secretary) $0 $0
Tynesia Boyea Robinson (Director) $0 $0
Regan Gruber Moffitt (Director) $0 $0
Easley B Waggoner (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,242,020
Expenses
$5,107,927
Net Income
-$1,865,907
Net Assets
$74,845,594
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $5,568
0.2%
Dividends $997,469
30.8%
Sales of Assets $0
Other Income $2,325,182
71.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $4,391,174
86.0%
Compensation of Officers* $203,940
4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $74,852,594
Total Liabilities $7,000
Net Assets $74,845,594
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $203,940 $20,394
Amanda Finney (Program Officer) $90,000 $9,000
Crystal Smith (Controller) $86,000 $8,600
Amie Morgan (Program Associate) $54,000 $5,400
Teresa D Wilkinson (Chairman) $0 $0
Libby Campbell (Vice President) $0 $0
Ann Fielder (Secretary) $0 $0
Kimberly H Evans (Vice President) $0 $0
Robert I Fernandez (Vice President) $0 $0
Michael E Phillips (Vice President) $0 $0
Patricia A Porter (Vice President) $0 $0
Hunter Phillips (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,127,968
Expenses
$4,727,226
Net Income
$5,400,742
Net Assets
$75,430,998
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $8,054
0.1%
Dividends $1,492,897
14.7%
Sales of Assets $5,639,078
55.7%
Other Income $2,987,939
29.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,150,129
66.6%
Compensation of Officers* $198,000
4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $76,426,496
Total Liabilities $995,498
Net Assets $75,430,998
Compensation
Key Employees and Officers Compensation Other
Michelle Monse (President) $198,000 $17,820
Amanda Finney (Program Officer) $88,000 $7,920
Crystal Smith (Controller) $84,000 $7,560
Amie Morgan (Program Associate) $53,000 $4,770
Teresa D Wilkinson (Chairman) $0 $0
Libby Campbell (Vice President) $0 $0
Ann Fielder (Secretary) $0 $0
John Martin Davis (Vice President) $0 $0
Kimberly H Evans (Vice President) $0 $0
Robert I Fernandez (Vice President) $0 $0
Michael E Phillips (Vice President) $0 $0
Patricia A Porter (Vice President) $0 $0
Hunter Phillips (Vice President) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

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.
2016

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.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,020,569
Expenses
$3,729,907
Net Income
$290,662
Net Assets
$57,094,256
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $610
0.0%
Dividends $1,317,782
32.8%
Sales of Assets $1,356,750
33.7%
Other Income $1,345,427
33.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,318,119
89.0%
Compensation of Officers* $184,000
4.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $57,094,256
Total Liabilities $0
Net Assets $57,094,256

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$6,037,516
Expenses
$4,312,606
Net Income
$1,724,910
Net Assets
$56,503,741
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $530
0.0%
Dividends $1,391,270
23.0%
Sales of Assets $865,617
14.3%
Other Income $3,780,099
62.6%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $3,640,161
84.4%
Compensation of Officers* $175,000
4.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $56,503,741
Total Liabilities $0
Net Assets $56,503,741

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,282,117
Expenses
$3,457,458
Net Income
$1,824,659
Net Assets
$54,489,326
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $296
0.0%
Dividends $1,213,262
23.0%
Sales of Assets $1,287,286
24.4%
Other Income $2,781,273
52.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,847,528
82.4%
Compensation of Officers* $165,000
4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $54,489,326
Total Liabilities $0
Net Assets $54,489,326

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,451,482
Expenses
$3,442,276
Net Income
$1,009,206
Net Assets
$52,379,600
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $575
0.0%
Dividends $1,220,524
27.4%
Sales of Assets $81,817
1.8%
Other Income $3,148,566
70.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,779,889
80.8%
Compensation of Officers* $150,000
4.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $52,379,600
Total Liabilities $0
Net Assets $52,379,600

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,396,517
Expenses
$3,184,931
Net Income
$1,211,586
Net Assets
$51,086,726
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $4,000
0.1%
Interest Revenue $596
0.0%
Dividends $992,563
22.6%
Sales of Assets $335,734
7.6%
Other Income $3,063,624
69.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,534,649
79.6%
Compensation of Officers* $135,000
4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $51,086,726
Total Liabilities $0
Net Assets $51,086,726

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

Fiscal Year Ending Dec.
2006

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.
2005

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.
2004

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.
2003

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.
2002

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.
2001

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

What Is 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 »

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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.

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