Royals Charities Inc
- Assets
- $948.6k
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 45-1286323
Organization Overview
Royals Charities Inc is located in Kansas City, MO. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royals Charities 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 12/2021, Royals Charities Inc generated $2.8m 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 (3.3%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Royals Charities Inc has awarded 259 individual grants totaling $6,247,499. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROYALS CHARITIES, INC. CONDUCTS FUNDRAISING TO SUPPORT CHILDREN IN THE GREATER KANSAS CITY COMMUNITY, EDUCATION, YOUTH BASEBALL/SOFTBALL, AND MILITARY.
Describe the Organization's Program Activity:
ROYALS CHARITIES, INC. CONDUCTS FUNDRAISING PROGRAMS AND PROJECTS TO SUPPORT CHILDREN IN THE GREATER KANSAS CITY COMMUNITY, EDUCATION, YOUTH BASEBALL/SOFTBALL FIELD RENOVATIONS, AND MILITARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Laverentz Sec, Treas, Dir - Termed 8/31/2021 | OfficerTrustee | 1 | $0 |
John Sherman President | OfficerTrustee | 1 | $0 |
Karen Daniel Board Member | Trustee | 1 | $0 |
Michael Trigg Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $589,202 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,513,152 |
| Noncash contributions included in lines 1a–1f | $171,754 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,102,354 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$194,252 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,777,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,256,888 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,314 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,852 |
| Advertising and promotion | $0 |
| Office expenses | $9,403 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $304 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,943 |
| Total functional expenses | $2,835,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $851,620 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,167 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,849 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $948,636 |
| Accounts payable and accrued expenses | $110,518 |
| Grants payable | $0 |
| Deferred revenue | $452,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $563,018 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $385,618 |
| Total liabilities and net assets/fund balances | $948,636 |
Grants Awarded
Over the last fiscal year, Royals Charities Inc has awarded $1,230,040 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: PROGRAMS | $150,000 |
Olathe, KS PURPOSE: PROGRAMS | $118,546 |
Lawrence, KS PURPOSE: PROGRAMS | $100,000 |
Boston, MA PURPOSE: PROGRAMS | $100,000 |
Doylestown, PA PURPOSE: PROGRAMS | $70,000 |
Kansas City, MO PURPOSE: PROGRAMS | $62,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Royals Charities Inc has recieved totaling $46,642.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $15,000 |
Ilitch Charities Inc Detroit, MI PURPOSE: ROYALS CHARITIES: GRANT GIVEN TO SUPPORT MISSION TO SUPPORT CHILDREN, EDUCATION, YOUTH BASEBALL AND SOFTBALL FIELD RENOVATIONS IN ADDITION TO VETERANS AND THEIR FAMILIES. | $10,113 |
Fantasy Camps For Kids Denver, CO PURPOSE: SUPPORT COMMUNITY PROGRAMS | $10,000 |
Major League Baseball Charities Inc New York, NY PURPOSE: GENERAL PURPOSE | $10,000 |
Terry And Peggy Dunn Family Foundation Leawood, KS PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quad Cities Golf Classic Charitable Foundation East Moline, IL | $5,926,812 | $12,981,935 |
Excellerate Foundation Charitable Support Rogers, AR | $173,087,242 | $16,463,917 |
Jewel Nail Bomar Trust 8336230300 Chicago, IL | $101,133,335 | $15,350,534 |
Pious Projects Of America Bridgeview, IL | $2,395,968 | $8,177,090 |
William R Orthwein Jr And Laura Rand Orthwein Foundation Inc St Louis, MO | $73,594,056 | $14,006,042 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Wayfarer Foundation Highland Park, IL | $333,654 | $4,731,977 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Royals Charities Inc Kansas City, MO | $948,636 | $2,777,032 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
Karam Foundation Nfp Lake Forest, IL | $4,231,584 | $2,840,038 |