Royalston Academy Inc
- Assets
- $491.5k
- Revenue
- $9.9k
- Investments
- $471.4k
- Employees
- 0
- Location
- Royalston, MA
- Founding
- 06/1964
- Data as of
- 12/2022
- EIN
- 04-2322818
Organization Overview
Royalston Academy Inc is located in Royalston, MA. The organization was established in 1964. 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. Royalston Academy Inc 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Bowers President | 5 | $0 | |
Theresa A Bowers Treasurer | 5 | $0 | |
Thomas Musco Clerk/secretary | 5 | $0 | |
Joanne Deacon Vice President | 1 | $0 | |
Andrea Lively Director | 1 | $0 | |
Kristen West Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $9,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,942 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $426 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,106 |
| Total operating and administrative expenses | $15,297 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,062 |
| Savings and temporary cash investments | $0 |
| 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 | $5,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $471,432 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $491,494 |
| 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 |