Royal Vagabonds Foundation Inc

Nonprofit profile at a glance

EIN
203519072
IRS 990-EZ coverage
2023–2023
Forms available
Form 990-EZ 2023, Form 990-N 2008
Location
St Louis, MO, USA
Phone
3145352528
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$103,949
Expenses
$87,681
Assets
$96,886
Liabilities
$9,000

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Eugene Reece (President)
  • Charles Turner (Vice-President)

People named in this filing

  • Eugene Reece (President)
  • Charles Turner (Vice-President)
  • Richard Wilson (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide Scholarships to Graduating High School Seniors in the Saint Louis Area and assistance to needy families inthe form of small grants.

What it reported doing in 2023

Provided 25 1500 Scholarships and a Mac Book Pro Computer 900 to twenty-five Students. Awards were given across at the end of FY23 and the beginning of FY24.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 25
  • Transparency & Controls: 100
  • Sustainability: 61
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.5%; rating input score 40
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 15.6%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 40.5% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.