Royal Foundation
Royal Foundation shows fluctuating finances with recent deficit, but no officer compensation reported.
EIN: 141927321 · N Charleston, SC · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $110K |
| Program Spending | 70% |
| Net Assets | $145K |
| Transparency Score | 75/100 |
Is Royal Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Royal Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Royal Foundation
Royal Foundation (EIN: 141927321) is a nonprofit organization based in N Charleston, SC, classified under NTEE code P20. The organization reported total revenue of $105K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Royal Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Royal Foundation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $110K |
| Surplus / Deficit | $-29,143 |
| Total Assets | $145K |
| Net Assets | $145K |
| Operating Margin | -36.1% |
| Months of Reserves | 15.8 months |
Financial Health Grade: B
In 2023, Royal Foundation reported a deficit of $29K with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Royal Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.1% | +24.2% | -16.8% |
| 2022 | +24.2% | +0.2% | +120.9% |
| 2021 | +92.0% | +50.5% | +312.7% |
| 2020 | -47.6% | -63.9% | +2843.5% |
| 2019 | +0.9% | -11.3% | -96.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Royal Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Royal Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is a strong positive for donor trust and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Royal Foundation's IRS 990 filings:
- Inconsistent financial performance with recurring deficits (e.g., 2023, 2019, 2018, 2017)
- Significant fluctuations in revenue and expenses year-over-year, suggesting unpredictable funding or operational costs.
Strengths
The following positive indicators were identified for Royal Foundation:
- Consistent IRS 990 filing history, demonstrating transparency.
- 0% officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
- No reported liabilities in recent years (2023, 2022), suggesting a debt-free operation.
Frequently Asked Questions about Royal Foundation
Is Royal Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Royal Foundation (EIN: 141927321) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Royal Foundation spend its money?
Royal Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Royal Foundation tax-deductible?
Royal Foundation is registered as a tax-exempt nonprofit (EIN: 141927321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Royal Foundation's spending goes to programs?
Royal Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Royal Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Royal Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Royal Foundation located?
Royal Foundation is headquartered in N Charleston, South Carolina and files with the IRS under EIN 141927321. It is classified under NTEE code P20.
How many years of IRS 990 filings does Royal Foundation have?
Royal Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $105K in total revenue.
Is Royal Foundation financially stable?
The Royal Foundation's financial stability is inconsistent. While it had a surplus in 2022 ($183,699 revenue vs. $88,430 expenses), it experienced a deficit in 2023 ($80,690 revenue vs. $109,833 expenses), indicating fluctuating financial health.
Does Royal Foundation pay its officers?
No, the Royal Foundation consistently reports 0% officer compensation across all available IRS 990 filings, meaning no salaries are paid to its officers.
How has Royal Foundation's asset base changed over time?
The organization's assets have fluctuated significantly, from a low of $648 in 2019 to a high of $173,917 in 2022, before decreasing to $144,774 in 2023.
Filing History
IRS 990 filing history for Royal Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Royal Foundation's revenue has declined by 13.4%, moving from $93K to $81K. Total assets increased by 245.6% over the same period, from $42K to $145K. Total functional expenses rose by 5.3%, from $104K to $110K. In its most recent filing year (2023), Royal Foundation reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $110K | $145K | $0 | — | View 990 |
| 2022 | $184K | $88K | $174K | $0 | — | View 990 |
| 2021 | $148K | $88K | $79K | $77 | — | View 990 |
| 2020 | $77K | $59K | $19K | $173 | — | View 990 |
| 2019 | $147K | $162K | $648 | $173 | — | View 990 |
| 2018 | $146K | $183K | $16K | $499 | — | View 990 |
| 2017 | $132K | $141K | $53K | $110 | — | View 990 |
| 2016 | $124K | $125K | $62K | $0 | — | View 990 |
| 2015 | $133K | $129K | $62K | $0 | — | View 990 |
| 2014 | $65K | $55K | $58K | $0 | — | View 990 |
| 2013 | $62K | $59K | $48K | $0 | — | View 990 |
| 2012 | $98K | $94K | $45K | $0 | — | View 990 |
| 2011 | $93K | $104K | $42K | $412 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $110K, and assets of $145K (revenue -56.1% year-over-year).
- 2022: Revenue of $184K, expenses of $88K, and assets of $174K (revenue +24.2% year-over-year).
- 2021: Revenue of $148K, expenses of $88K, and assets of $79K (revenue +92.0% year-over-year).
- 2020: Revenue of $77K, expenses of $59K, and assets of $19K (revenue -47.6% year-over-year).
- 2019: Revenue of $147K, expenses of $162K, and assets of $648 (revenue +0.9% year-over-year).
- 2018: Revenue of $146K, expenses of $183K, and assets of $16K (revenue +10.2% year-over-year).
- 2017: Revenue of $132K, expenses of $141K, and assets of $53K (revenue +6.3% year-over-year).
- 2016: Revenue of $124K, expenses of $125K, and assets of $62K (revenue -6.3% year-over-year).
- 2015: Revenue of $133K, expenses of $129K, and assets of $62K (revenue +103.5% year-over-year).
- 2014: Revenue of $65K, expenses of $55K, and assets of $58K (revenue +6.1% year-over-year).
- 2013: Revenue of $62K, expenses of $59K, and assets of $48K (revenue -37.1% year-over-year).
- 2012: Revenue of $98K, expenses of $94K, and assets of $45K (revenue +5.0% year-over-year).
- 2011: Revenue of $93K, expenses of $104K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Royal Foundation:
Data Sources and Methodology
This transparency report for Royal Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.