FUNDACION ROYAL ISABELA INC

EIN: 661057854 501(c)(3) Environment

SAN JUAN, PR

Total Revenue
$1,500,000
Total Expenses
N/A
Total Assets
$1,500,000
Net Assets
$1,500,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
PR
Principal Officer
DANIEL W MOREHEAD
Phone
6508047100
Tax Period
2023-12-22 to 2023-12-31

FUNDACION ROYAL ISABELA INC, founded in 2023, is a community nonprofit in the Environment sector that reported $1.5M in total revenue in fiscal year 2023.

Mission

FUNDACION ROYAL ISABELA INC SEEKS TO PROTECT AND PRESERVE THE BIODIVERSITY AND NATURAL RESOURCES OF PUERTO RICO AND PROVIDE SCHOLARSHIPS FOR STUDENTS IN NEED WHO ARE RESIDENTS OF THE MUNICIPALITY OF ISABELA.

Program Service Accomplishments

Program 1
Expenses: $0

DRIVEN BY A COMMITMENT TO ENVIRONMENTAL STEWARDSHIP, PUBLIC WELFARE, AND ENSURING THAT PUERTO RICO'S UNIQUE NATURAL HERITAGE IS PROTECTED FOR FUTURE GENERATIONS WHILE SIMULTANEOUSLY CONTRIBUTING TO...

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DRIVEN BY A COMMITMENT TO ENVIRONMENTAL STEWARDSHIP, PUBLIC WELFARE, AND ENSURING THAT PUERTO RICO'S UNIQUE NATURAL HERITAGE IS PROTECTED FOR FUTURE GENERATIONS WHILE SIMULTANEOUSLY CONTRIBUTING TO THE BROADER ENVIRONMENTAL AND SOCIETAL GOOD, THE ORGANIZATION WILL PROTECT AND PRESERVE THE BIODIVERSITY, NATURAL RESOURCES AND HERITAGE OF PUERTO RICO. DURING ITS INITIAL YEAR, FUNDING WAS RECEIVED TO SUPPORT PLANNING FOR THESE FUTURE ACTIVITIES.

Program 2

THE ORGANIZATION WILL PROVIDE SCHOLARSHIPS TO SUPPORT STUDENTS WHO ARE RESIDENTS OF THE MUNICIPALITY OF ISABELA WHO ARE PURSUING EDUCATIONAL DEGREES, VOCATIONAL PROGRAMS AND/OR RESEARCH PROJECTS...

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THE ORGANIZATION WILL PROVIDE SCHOLARSHIPS TO SUPPORT STUDENTS WHO ARE RESIDENTS OF THE MUNICIPALITY OF ISABELA WHO ARE PURSUING EDUCATIONAL DEGREES, VOCATIONAL PROGRAMS AND/OR RESEARCH PROJECTS. DURING ITS INITIAL YEAR, FUNDING WAS RECEIVED TO SUPPORT PLANNING FOR THESE FUTURE ACTIVITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,500,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,500,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $1,500,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL W MOREHEAD PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
DEVON MOREHEAD DIRECTOR 1.00
Director
$0 $0 $0
FRIEDEL STUBBE DIRECTOR 1.00
Director
$0 $0 $0
ALBERTO BACO DIRECTOR 1.00
Director
$0 $0 $0
DRACO ROSA DIRECTOR 1.00
Director
$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 No data No data No data No data
2023 $1,500,000 No data $1,500,000 No data
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