SeeBITDAOklahoma

National Association of Royalty Owners

Reported revenueReported figures
$478K
$454Klikely range$502K
Revenue
$478K
a year
Profit (EBITDA)
$203K
42% of revenue
Employees
5
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
  • Matt Sands
    President · Form 990
  • Barry Browne
    Vice President · Form 990
  • Jimmy Wright
    Treasurer · Form 990
  • Jon Corkern
    Executive Director · Form 990
  • David Smith
    Director · Form 990
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $478K

Based on IRS Form 990 (2024).

Reported revenue, IRS Form 990 (2024)$478K
× 42% profit margin$203K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
Reported financials
Company website
Owner not found

What they do

The National Association of Royalty Owners provides practical education, connections, and an organized advocacy voice for private mineral and royalty owners. It also runs a Mineral Management Program with credentials and recertification for mineral managers.

Products & services
Mineral Owner FAQMineral Owner CalculatorsMineral Management ProgramCertified Mineral Manager credentialAdvocacy
Markets served
mineral and royalty ownersindividuals, families, major owners, and business supporters
Service area
TexasCaliforniaLouisianaNorth DakotaOklahomaRocky MountainEast
Certifications
Registered Mineral ManagerCertified Mineral ManagerNARO membership

From the company's website. Industry: Churches & nonprofits.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
NATIONAL ASSOCIATION OF ROYALTY OWNERS
this business
$478K$203K—
TULSA APARTMENT ASSOCIATION
Tulsa · 3 employees
$471K$200K0.3 mi
PETROLEUM EQUIPMENT INSTITUTE
Tulsa · 10 employees
$5.4M$1.4M1.1 mi
UTILITY REBATE CONSULTANTS, INC.
Tulsa · 2 employees
$372K$158K1.7 mi
SOCIETY OF EXPLORATION GEOPHYSICISTS
Tulsa · 73 employees
$33.7M$8.2M1.9 mi
SUNGATE NEIGHBORS INC
Tulsa · 21 employees
$8.4M$2.5M2.1 mi
TOMAHAWK823 STRATEGIES, LLC
Tulsa · 8 employees
$1.7M$624K2.2 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.

Revenue range$454K – $502K
EBITDA range$193K – $213K
Industry (NAICS)Business Associations (813910)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • AccountingEllison & Associates IncPrepared its Form 990
  • BankingBank of America, National AssociationPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Bank of America, National Association
PPP 2020, PPP 2021
All 1,034 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
5/1/2020first$40K$40K2Bank of America, National Association
1/30/2021second$40K$40K5Bank of America, National Association

Public records

IRS Form 990
Nonprofit
Revenue (2024)$478K
Assets$107K
Tax-exempt since2002

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About National Association of Royalty Owners

National Association of Royalty Owners is a churches & nonprofits company in Tulsa, Oklahoma, in business since 1997. Its reported annual revenue is about $478K, with roughly $203K of EBITDA. It has about 5 employees.

Common questions

Who owns National Association of Royalty Owners?
The owner of National Association of Royalty Owners isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does National Association of Royalty Owners make?
National Association of Royalty Owners reported revenue of about $478K.
How many employees does National Association of Royalty Owners have?
About 5, as reported on its PPP loan.
When was National Association of Royalty Owners founded?
National Association of Royalty Owners has been in business since 1997.