Civic Intelligence

Royal School System

990 • Fiscal year 2023 • EIN 82-3357176

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 11, 2024

4018 S Presa StSan Antonio, TX 78223

(832) 641-5588

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.87x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

2.01x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

43rd percentile

1.5%

Higher net margin than 43% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

65th percentile

$230,899

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

55th percentile

7.5%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$11,256,180

Up $784,283 (+7.5%) from 2022

Net Assets

Up

$1,436,586

Up $396,691 (+38%) from 2022

Liabilities

Up

$9,819,594

Up $387,592 (+4.1%) from 2022

Revenue

Up

$4,896,069

Up $870,156 (+22%) from 2022

Expenses

Up

$4,821,995

Up $1,713,613 (+55%) from 2022

Net Income

Down

$74,074

Down $843,457 (-92%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2018: $221,260Liabilities 2018: $0Net Assets 2018: $221,2602018Assets 2019: $389,982Liabilities 2019: $16,245Net Assets 2019: $373,7372019Assets 2020: $720,133Liabilities 2020: $53,984Net Assets 2020: $666,1492020Assets 2022: $10,471,897Liabilities 2022: $9,432,002Net Assets 2022: $1,039,8952022Assets 2023: $11,256,180Liabilities 2023: $9,819,594Net Assets 2023: $1,436,5862023Assets 2024: $11,264,873Liabilities 2024: $9,758,531Net Assets 2024: $1,506,3422024

Highlighted filing

2023

Assets$11,256,180
Liabilities$9,819,594
Net Assets$1,436,586

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2018: $221,260Expenses 2018: $0Net Income 2018: $221,2602018Revenue 2019: $300,000Expenses 2019: $146,523Net Income 2019: $153,4772019Revenue 2020: $750,000Expenses 2020: $457,588Net Income 2020: $292,4122020Revenue 2022: $4,025,913Expenses 2022: $3,108,382Net Income 2022: $917,5312022Revenue 2023: $4,896,069Expenses 2023: $4,821,995Net Income 2023: $74,0742023Revenue 2024: $6,638,009Expenses 2024: $6,568,253Net Income 2024: $69,7562024

Highlighted filing

2023

Revenue$4,896,069
Expenses$4,821,995
Net Income$74,074
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 11, 2024
Return Version
2022v5.0
Gross Receipts
$4,896,069
Mission and Program Overview

Mission

Transforming public education in Texas by providing a comprehensive and holistic educational model which incorporates STEM, Reading, Art and Social-Emotional learning.

The mission to spark students' natural curiosity and love of learning and to (cont'd on schedule o) provide them the knowledge and skills they need to lead successful and fulfilling lives. As a public charter school, royal provides full scale k-12 education to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,489,460$7,257,073▼ $232,387
Cash and Non-Interest-Bearing Accounts$1,558,576$2,137,718▲ $579,142
Pledges and Grants Receivable$1,420,966$1,861,389▲ $440,423
Total Assets$10,471,897$11,256,180▲ $784,283
Other Assets Total$2,895$0▼ $2,895
Liabilities
Tax Exempt Bond Liabilities$9,355,654$8,915,558▼ $440,096
Mortgage Notes Payable Secured by Investment Property-$468,979-
Accounts Payable and Accrued Expenses$76,348$435,057▲ $358,709
Total Liabilities$9,432,002$9,819,594▲ $387,592
Net Assets / Fund Balance
Net Assets With Donor Restrictions$946,211$1,414,347▲ $468,136
Net Assets Without Donor Restrictions$93,684$22,239▼ $71,445
Total Net Assets Fund Balance$1,039,895$1,436,586▲ $396,691
Total Liabilities and Net Assets / Fund Balance$10,471,897$11,256,180▲ $784,283

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,556,362$797,223$7,353,585
Land$640,010-$640,010
Equipment$60,701$13,627$74,328
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Soner TarimCEOFT$211,354$19,545$230,899

Board Members and Trustees

NameTitle
Benjamin WarrenPresident
Carino CortezV. President
Dr Abelardo SaavedraMember
Ray TijerinaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,854,214
Program Service Revenue
$0
Investment Income
$41,855
Other Revenue
$0
All Other Contributions
$1,005,248
Change in Net Assets
$74,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,896,069
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,896,069
Total Revenue per Form 990
$4,896,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,628,539
Other Expenses$2,193,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,464,939$548,928-$2,013,867
Interest-$591,766-$591,766
Fees for Services Other$354,460$189,677-$544,137
Other Employee Benefits$241,885$90,354-$332,239
Depreciation Depletion-$291,215-$291,215
Current Officers, Directors, Trustees, and Key Employees$247,042--$247,042
Occupancy-$102,886-$102,886
Insurance-$46,185-$46,185
Travel$5,231$37,743-$42,974
Payroll Taxes$28,001$7,390-$35,391
Fees for Services Accounting-$18,490-$18,490
Other Expenses$9,123$37,617-$9,123
Fees for Services Legal-$344-$344
Total Functional Expenses$2,801,117$2,020,878$0$4,821,995

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,821,995
Total Expenses per Audited Statements$4,821,995
Total Expenses per Form 990$4,821,995
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AArlington Higher Education 2021 a2021-03-18$9,251,200Purchase of buildings and construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,251,200---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is sent to all board memebers for review prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Each member shall complete conflict of interest form to disclose any personal conflicts.

Form 990, Part VI, Section B, Line 15

The process used to determine the compensation of dr. Tarim, the founder and ceo of royal public schools, is a comprehensive and transparent one, ensuring fairness and alignment with industry standards. To determine the compensation, the board of royal public schools undertakes a detailed comparison of pay scales and experiences of other superintendents and ceos in similar positions. This benchmarking process helps to ensure that dr. Tarim's compensation is competitive and reflective of his extensive experience and contributions to the field. Dr. Tarim, with over 35 years of experience in the field of education, brings a wealth of knowledge and expertise to his role. In addition to benchmarking, the board conducts an annual evaluation of dr. Tarim's performance across several key areas: academics, operations, public relations, and grant writing/fundraising. This performance review is critical in assessing the impact of dr. Tarim's leadership on the school's success and growth. The evaluation process is thorough and objective, providing a clear picture of his achievements and areas for improvement. The final decision on dr. Tarim's compensation is made in a publicly held board meeting. This public meeting underscores the board's commitment to transparency and accountability. By conducting the decision-making process in an open forum, the board ensures that stakeholders are informed and can trust that the compensation determination is fair and justifiable. In summary, dr. Tarim's compensation as the ceo of royal public schools is determined through a careful examination of industry standards, a rigorous annual performance evaluation, and a transparent decision-making process by the board in a publicly held meeting.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation no documents available to the public

Filing and Contact Details

Filer

Filer Name
The Royal School System
EIN
82-3357176
Phone
8326415588
Address
4018 S PRESA ST, SAN ANTONIO, TX 78223

Signing Officer

Name
Soner Tarim
Title
CEO
Phone
8326415588
Signed
2024-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Soner Tarim
Formed
2017
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
51
Volunteers
13

Preparer

Firm
Laporte Apac
Address
111 VETERANS MEMORIAL BLVD 600, METAIRIE, LA 70005-4958
Preparer
John S Wiles CPA
Phone
5048355522
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Big thought: program service expenses 49,739. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,739. Professional services: program service expenses 9,124. Management and general expenses 33,393. Fundraising expenses 0. Total expenses 42,517. Misc contract services: program service expenses 276,511. Management and general expenses 143,046. Fundraising expenses 0. Total expenses 419,557. Esc20 services: program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200. Staff development: program service expenses 11,475. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,475. School safety standards: program service expenses 0. Management and general expenses 12,780. Fundraising expenses 0. Total expenses 12,780. Education service centers: program service expenses 6,873. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,873. Other: program service expenses 538. Management and general expenses 458. Fundraising expenses 0. Total expenses 996.

FORM 990, PART XII, LINE 2C:

The organization has not changed its audit oversight process or its process for selecting an independent accountant from the prior year.

Pt VI, Line 11B

Form 990 will be sent to all board members for review before filing

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IRS990/Desc0EDUCATIONAL PROGRAM EXPANSION: ROYAL PUBLIC SCHOOLS SUCCESSFULLY DOUBLED ITS ENROLLMENT NUMBERS, THEREBY SERVING A SIGNIFICANTLY LARGER STUDENT POPULATION. THIS EXPANSION WAS COMPLEMENTED BY AN INCREASE IN THE NUMBER OF TEACHERS AND STAFF, ENSURING THAT THE STUDENT-TO-TEACHER RATIO REMAINED CONDUCIVE TO EFFECTIVE LEARNING. THE SCHOOL MAINTAINED ITS COMMITMENT TO PROVIDING TUITION-FREE HIGH-QUALITY EDUCATION, SUPPORTING BOTH STUDENTS AND TEACHERS THROUGH ENHANCED TRAINING AND RESOURCES.USDA NATIONAL SCHOOL LUNCH PROGRAM PARTICIPATION: ROYAL PUBLIC SCHOOLS PARTICIPATED IN THE USDA NATIONAL SCHOOL LUNCH PROGRAM, OFFERING FREE BREAKFAST, LUNCH, AND AFTER-SCHOOL SNACKS TO (CONTINUED ON SCHEDULE O) ALL STUDENTS. THIS PROGRAM WAS PARTICULARLY IMPACTFUL AS MORE THAN 98% OF THE STUDENT POPULATION COMES FROM LOW-INCOME HOUSEHOLDS. BY ENSURING ACCESS TO NUTRITIOUS MEALS THROUGHOUT THE DAY, ROYAL PUBLIC SCHOOLS HELPED IMPROVE STUDENT HEALTH AND ACADEMIC PERFORMANCE. CURRICULUM REDESIGN AND AFTER-SCHOOL PROGRAM: ROYAL PUBLIC SCHOOLS UNDERTOOK A COMPREHENSIVE REDESIGN OF ITS CURRICULUM PROGRAM TO PROVIDE HIGH-QUALITY INSTRUCTIONAL MATERIALS TO ALL STUDENTS. THESE MATERIALS WERE MADE AVAILABLE DURING REGULAR SCHOOL HOURS AND EXTENDED INTO AFTER-SCHOOL PROGRAMS. THE GOAL WAS TO OFFER CONTINUOUS LEARNING OPPORTUNITIES AND ACADEMIC SUPPORT, ENSURING THAT STUDENTS RECEIVED THE BEST POSSIBLE EDUCATION AND RESOURCES TO SUCCEED.BY FOCUSING ON THESE THREE PROGRAM SERVICES, ROYAL PUBLIC SCHOOLS HAS SIGNIFICANTLY ENHANCED ITS EDUCATIONAL OFFERINGS AND SUPPORT FOR STUDENTS, PARTICULARLY THOSE FROM LOW-INCOME FAMILIES. THIS COMMITMENT TO QUALITY EDUCATION AND STUDENT WELFARE HAS BEEN REFLECTED IN THE INCREASED ENROLLMENT, IMPROVED NUTRITIONAL SUPPORT, AND ENRICHED LEARNING EXPERIENCES.
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IRS990/PayrollTaxesGrp/ProgramServicesAmt028001
IRS990/PayrollTaxesGrp/TotalAmt035391
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01420966
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01861389
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SONER TARIM
IRS990/PriorPeriodAdjustmentsAmt0322617
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04025913
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01147785
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0917531
IRS990/PYSalariesCompEmpBnftPaidAmt01960597
IRS990/PYTotalExpensesAmt03108382
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04025913
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt074074
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART II DISCLOSURE FOR PUBLIC SUPPORT TEST: THE INFORMATION REPORTED IN PART II, SECTION A AND SECTION B FOR 2021 IS FOR A SHORT TAX YEAR. THE ORGANIZATION SWITCHED FROM A CALENDAR YEAR TO A FISCAL YEAR BEGINNING WITH THE SHORT TAX YEAR FOR THE PERIOD 1/1/2022 AND ENDING 8/31/2022.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SECTION A AND SECTION B
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04854214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04021116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02842736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012768066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt041855
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04796
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046651
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86130
IRS990ScheduleA/PublicSupportTotal170Amt011036948
IRS990ScheduleA/SubstantialContributorsTotAmt01731118
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04854214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04021116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02842736
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012768066
IRS990ScheduleA/TotalSupportAmt012814717
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06556362
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0797223
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07353585
IRS990ScheduleD/EquipmentGrp/BookValueAmt060701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013627
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt074328
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04821995
IRS990ScheduleD/LandGrp/BookValueAmt0640010
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0640010
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04896069
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07257073
IRS990ScheduleD/TotalExpensesPerForm990Amt04821995
IRS990ScheduleD/TotalRevenuePerForm990Amt04896069
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04896069
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04821995
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/HousingAllowanceOrResidenceInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0211354
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt019545
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SONER TARIM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0230899
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02021-03-18
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273906171
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0041806F54
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt09251200
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ARLINGTON HIGHER EDUCATION 2021 A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURCHASE OF BUILDINGS AND CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt08150000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0432125
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0668102
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02021
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt09251200
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS SENT TO ALL BOARD MEMEBERS FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER SHALL COMPLETE CONFLICT OF INTEREST FORM TO DISCLOSE ANY PERSONAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS USED TO DETERMINE THE COMPENSATION OF DR. TARIM, THE FOUNDER AND CEO OF ROYAL PUBLIC SCHOOLS, IS A COMPREHENSIVE AND TRANSPARENT ONE, ENSURING FAIRNESS AND ALIGNMENT WITH INDUSTRY STANDARDS. TO DETERMINE THE COMPENSATION, THE BOARD OF ROYAL PUBLIC SCHOOLS UNDERTAKES A DETAILED COMPARISON OF PAY SCALES AND EXPERIENCES OF OTHER SUPERINTENDENTS AND CEOS IN SIMILAR POSITIONS. THIS BENCHMARKING PROCESS HELPS TO ENSURE THAT DR. TARIM'S COMPENSATION IS COMPETITIVE AND REFLECTIVE OF HIS EXTENSIVE EXPERIENCE AND CONTRIBUTIONS TO THE FIELD. DR. TARIM, WITH OVER 35 YEARS OF EXPERIENCE IN THE FIELD OF EDUCATION, BRINGS A WEALTH OF KNOWLEDGE AND EXPERTISE TO HIS ROLE. IN ADDITION TO BENCHMARKING, THE BOARD CONDUCTS AN ANNUAL EVALUATION OF DR. TARIM'S PERFORMANCE ACROSS SEVERAL KEY AREAS: ACADEMICS, OPERATIONS, PUBLIC RELATIONS, AND GRANT WRITING/FUNDRAISING. THIS PERFORMANCE REVIEW IS CRITICAL IN ASSESSING THE IMPACT OF DR. TARIM'S LEADERSHIP ON THE SCHOOL'S SUCCESS AND GROWTH. THE EVALUATION PROCESS IS THOROUGH AND OBJECTIVE, PROVIDING A CLEAR PICTURE OF HIS ACHIEVEMENTS AND AREAS FOR IMPROVEMENT. THE FINAL DECISION ON DR. TARIM'S COMPENSATION IS MADE IN A PUBLICLY HELD BOARD MEETING. THIS PUBLIC MEETING UNDERSCORES THE BOARD'S COMMITMENT TO TRANSPARENCY AND ACCOUNTABILITY. BY CONDUCTING THE DECISION-MAKING PROCESS IN AN OPEN FORUM, THE BOARD ENSURES THAT STAKEHOLDERS ARE INFORMED AND CAN TRUST THAT THE COMPENSATION DETERMINATION IS FAIR AND JUSTIFIABLE. IN SUMMARY, DR. TARIM'S COMPENSATION AS THE CEO OF ROYAL PUBLIC SCHOOLS IS DETERMINED THROUGH A CAREFUL EXAMINATION OF INDUSTRY STANDARDS, A RIGOROUS ANNUAL PERFORMANCE EVALUATION, AND A TRANSPARENT DECISION-MAKING PROCESS BY THE BOARD IN A PUBLICLY HELD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BIG THOUGHT: PROGRAM SERVICE EXPENSES 49,739. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,739. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 9,124. MANAGEMENT AND GENERAL EXPENSES 33,393. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,517. MISC CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 276,511. MANAGEMENT AND GENERAL EXPENSES 143,046. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 419,557. ESC20 SERVICES: PROGRAM SERVICE EXPENSES 200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 11,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,475. SCHOOL SAFETY STANDARDS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,780. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,780. EDUCATION SERVICE CENTERS: PROGRAM SERVICE EXPENSES 6,873. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,873. OTHER: PROGRAM SERVICE EXPENSES 538. MANAGEMENT AND GENERAL EXPENSES 458. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 996.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS OR ITS PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990 WILL BE SENT TO ALL BOARD MEMBERS FOR REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PT VI, LINE 11B
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt09355654
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt08915558
IRS990/TaxExemptBondsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010471897
IRS990/TotalAssetsEOYAmt011256180
IRS990/TotalAssetsGrp/BOYAmt010471897
IRS990/TotalAssetsGrp/EOYAmt011256180
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04854214
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02020878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02801117
IRS990/TotalFunctionalExpensesGrp/TotalAmt04821995
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09432002

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