Royal Foundation
- Assets
- $144.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Charleston, SC
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 14-1927321
Organization Overview
Royal Foundation is located in North Charleston, SC. The organization was established in 2008. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Royal Foundation generated $80.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $109.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ittriss J Jenkins Esquire Vice Chair | 32 | $0 | |
Jimmy Strong Director Of Information Te | 16 | $0 | |
Shakeima Chatman Director | 24 | $0 | |
Suzanne Craig Chair | 32 | $0 | |
Brittany Jones Director | 32 | $0 | |
Stacey Singletary Treasurer | 10 | $9,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,722 |
| Total Program Service Revenue | $16,808 |
| Membership dues | $0 |
| Investment income | $160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,600 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $100,233 |
| Total expenses | $109,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $144,774 |
| Other assets | $0 |
| Total assets | $144,774 |
| Total liabilities | $0 |
| Net assets or fund balances | $144,774 |