Royce Nursing Foundation Inc
- Assets
- $244.8k
- Revenue
- $3.4k
- Investments
- $236.2k
- Employees
- 0
- Location
- Miami, FL
- Founding
- 10/1975
- Data as of
- 06/2024
- EIN
- 51-0169662
Organization Overview
Royce Nursing Foundation Inc is located in Miami, FL. The organization was established in 1975. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royce Nursing Foundation Inc 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 06/2024, Royce Nursing Foundation Inc generated $3.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $20.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Schneider-Russell President | 0.15 | $0 | |
Leilani Kicklighter Vice President | 0.15 | $0 | |
Nancy Roberts Sec/treasurer | 0.67 | $0 | |
Gardenia Justo Director | 0.15 | $0 | |
Violet Kramer Director | 0.15 | $0 | |
D Jane Mass Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,872 |
| Interest on Savings | $32 |
| Dividends & Interest | $7,281 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,816 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,369 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,252 |
| Printing and publications | $2,289 |
| Other expenses | $47 |
| Total operating and administrative expenses | $12,669 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $20,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $7,777 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $665 |
| Prepaid expenses and deferred charges | $90 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $244,763 |
| Accounts payable and accrued expenses | $5,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Royce Nursing Foundation Inc has awarded $7,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JADE FONG HONG PURPOSE: STUDIES | $2,000 |
FRANCES PERRY-CAVE PURPOSE: STUDIES | $4,000 |
ASHLY ARJONA PURPOSE: STUDIES | $750 |
ALINA ALFONSO PURPOSE: STUDIES | $750 |