Royal Young Educational Trust
- Assets
- $170.9k
- Revenue
- $6.3k
- Investments
- $163.9k
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 09/1983
- Data as of
- 04/2024
- EIN
- 75-6307342
Organization Overview
Royal Young Educational Trust is located in Dallas, TX. The organization was established in 1983. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Royal Young Educational Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,266 |
| Capital Gain Net Income | $1,266 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $464 |
| Total Revenue | $6,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,680 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $213 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96 |
| Total operating and administrative expenses | $4,239 |
| Contributions, gifts, grants paid | $6,501 |
| Total expenses and disbursements | $10,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,943 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $170,873 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Royal Young Educational Trust has awarded $6,501 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HARDIN SIMMONS UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $2,167 |
ABILENE CHRISTIAN UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $2,167 |
MCMURRY UNIVERSITY PURPOSE: UNRESTRICTED GENERAL | $2,167 |