Royal School System
- Assets
- $720.1k
- Revenue
- $750.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Sugar Land, TX
- Founding
- 11/2017
- Data as of
- 12/2020
- EIN
- 82-3357176
Organization Overview
Royal School System is located in Sugar Land, TX. The organization was established in 2017. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2020, Royal School System employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal School System 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 12/2020, Royal School System generated $750.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.2% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORMING PUBLIC EDUCATION IN TEXAS BY PROVIDING A COMPREHENSIVE AND HOLISTIC EDUCATIONAL MODEL WHICH INCORPORATES STEM, READING, ART AND SOCIAL-EMOTIONAL LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWER STUDENTS AND SPARK CURIOSITY WITH RIGOROUS AND WELL-ROUNDED EDUCATION AND PROVIDE KNOWLEDGE AND SKILLS NECESSARY TO ACHIEVE POST-SECONDARY AND LIFE ACCOMPLISHMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Soner Tarim CEO | Officer | 40 | $173,194 |
Jasmin Carino Director | Trustee | 10 | $0 |
Benjamin Warren Director | Trustee | 10 | $0 |
Dr Kenneth C Pascal Director | Trustee | 10 | $0 |
Harriett Wasserstrum Director | Trustee | 10 | $0 |
Dr Abelardo Saavedra Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $750,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,000 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $750,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,563 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,194 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $125,587 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,086 |
| Payroll taxes | $20,656 |
| Fees for services: Management | $35,424 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,231 |
| Office expenses | $3,566 |
| Information technology | $2,246 |
| Royalties | $0 |
| Occupancy | $1,579 |
| Travel | $11,255 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,927 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $19,963 |
| Total functional expenses | $457,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $720,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $720,133 |
| Accounts payable and accrued expenses | $53,984 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $53,984 |
| Net assets without donor restrictions | $666,149 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $720,133 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Royal School System has recieved totaling $125,000.
| Awarding Organization | Amount |
|---|---|
San Antonio Area Foundation Group Return San Antonio, TX PURPOSE: GENERAL SUPPORT | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspirenola Charter Schools New Orleans, LA | $22,382,887 | $74,884,221 |
Kinkaid School Inc Houston, TX | $122,042,370 | $52,090,713 |
St Johns School Houston, TX | $423,318,238 | $58,605,665 |
Hockaday School Dallas, TX | $327,432,445 | $61,281,462 |
Trinity Basin Preparatory Inc Grand Prairie, TX | $147,305,445 | $57,426,553 |
Greenhill School Addison, TX | $147,490,301 | $53,613,950 |
St Marks School Of Texas Dallas, TX | $307,638,954 | $39,530,532 |
Tlc Academy San Angelo, TX | $61,295,304 | $42,259,776 |
Episcopal School Of Dallas Inc Dallas, TX | $115,874,541 | $40,283,303 |
John Cooper School The Woodlands, TX | $108,804,128 | $40,380,579 |
Fort Worth Country Day School Inc Fort Worth, TX | $119,263,068 | $39,582,011 |
Faith Family Kids Inc Desoto, TX | $30,662,985 | $39,123,210 |