HISTORIC ROYAL PALACES INC (EIN 311780833) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

JOHN BARNES

Phone

6468670994

Tax Period

2024-01-01 to 2024-12-31

HISTORIC ROYAL PALACES INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $603K in total revenue in fiscal year 2024. Revenue surged 251% from the prior year, signaling strong growth momentum. The organization ran a surplus of $373K, a strong 62% operating margin.

Mission

TO SUPPORT SOME OF THE MOST IMPORTANT AND INTERESTING HISTORIC ROYAL BUILDINGS IN THE WORLD AND RAISE AWARENESS AND EDUCATE THE PUBLIC ABOUT THESE HISTORIC BUILDINGS AND THEIR COLLECTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $602,669

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $602,669

Expense Breakdown

Grants Paid $214,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,500

Other Expenses $15,537

TOTAL EXPENSES $230,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$602,669	$171,790	+2.5%
Expenses	$230,037	$170,786	+0.3%
Net Income	$372,632	$1,004	+370.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICE BOYNE	RESIGNED '24	0.00	Director	$0	$0	$0
EDWARD CARL ALBIN FORSBERG JR	RESIGNED '24	0.00	Director	$0	$0	$0
GENEVIEVE MUINZER	DIRECTOR	0.50	Director	$0	$0	$0
JI YOUNG CHOI	DIRECTOR	0.50	Director	$0	$0	$0
MONICA GERARD-SHARP WAMBOLD	DIRECTOR/VICE CHAIR	0.50	Director	$0	$0	$0
HERBERT KOZLOV	DIRECTOR & CHAIRMAN	0.50	Director	$0	$0	$0
JAMES C MCCARROLL	DIRECTOR	0.50	Director	$0	$0	$0
DAVID CANNADINE	DIRECTOR	0.50	Director	$0	$0	$0
ANTONIA NEWMAN	DIRECTOR	0.50	Director	$0	$0	$0
JOHN BARNES	PRESIDENT	0.50	Officer	$0	$0	$0
LYDIA LAWRENCE	SECRETARY	1.00	Officer	$0	$0	$0
ANUPAM GANGULI	TREASURER	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$602,669	$230,037	$459,048	$372,632
2023	$171,790	$170,786	$86,298	$1,004
2022	$226,354	$192,766	$85,137	$33,588

HISTORIC ROYAL PALACES INC