PHIL ROYAL LEGACY LLC (EIN 813959357) - 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

2016

Principal Officer

APRIL ROYAL

Phone

3524222070

Tax Period

2022-01-01 to 2022-12-31

PHIL ROYAL LEGACY LLC, founded in 2016, is a small nonprofit in the Education sector that reported $180K in total revenue in fiscal year 2022. Expenses of $376K exceeded revenue, resulting in a 109% operating deficit.

Mission

THE PURPOSE OF THE LEGACY IS TO LIVE OUT THE VISION OF PHIL ROYAL, TREATING EVERYONE WITH DIGNITY AND RESPECT WHILE BRINGING OUR COMMUNITY TOGETHER BY BUILDING RELATIONSHIPS; PROVIDING SUPPORT AND FUNDING TO VARIOUS CHARITIES, PROGRAMS, AND INDIVIDUALS THAT DEMONSTRATE INVOLVEMENT OR COMMITMENT TO LAW ENFORCEMENT AND SAFETY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $179,852

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $179,852

Expense Breakdown

Grants Paid $291,682

Salaries & Benefits $0

Fundraising Expenses $59,019

Program Expenses $317,289

Other Expenses $84,626

TOTAL EXPENSES $376,308

Year-over-Year Comparison

	2022	2021	Change
Revenue	$179,852	N/A	N/A
Expenses	$376,308	N/A	N/A
Net Income	$-196,456	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

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
DR RALPH ABADIER	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW ALCORN	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA CONNORS	SECRETARY	1.00	Officer Director	$0	$0	$0
AILEEN DAVID	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG DODD	BOARD MEMBER	1.00	Director	$0	$0	$0
STEFANIE GARDINA	TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS MOLING	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DODI PRUITT	BOARD MEMBER	1.00	Director	$0	$0	$0
APRIL ROYAL	PRESIDENT	10.00	Officer 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
2022	$179,852	$376,308	$159,231	$-196,456
2021	$142,833	$121,995	$355,687	$20,838

PHIL ROYAL LEGACY LLC