Monarch School of New England Inc

EIN: 020315196 501(c)(3) Education

Rochester, NH

Total Revenue
$10,940,070
Total Expenses
$10,081,415
Total Assets
$8,396,869
Net Assets
$6,723,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
NH
Principal Officer
Jean Parsons
Phone
6033322848
Tax Period
2024-07-01 to 2025-06-30

Monarch School of New England Inc, founded in 1968, is a mid-sized nonprofit in the Education sector that reported $10.9M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $10.1M left a modest 8% surplus.

Mission

The Monarch School of New England brings individuals with intellectual, physical, medical and behavioral disabilities into the mainstream of everyday life.

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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 (2024)

Revenue Breakdown

Contributions & Grants $272,292
Program Service Revenue $10,348,180
Investment Income $246,172
Other Revenue $73,426
TOTAL REVENUE $10,940,070

Expense Breakdown

Grants Paid $12,004
Salaries & Benefits $8,959,477
Fundraising Expenses $163,759
Program Expenses $9,120,474
Other Expenses $1,109,934
TOTAL EXPENSES $10,081,415

Year-over-Year Comparison

2024 2023 Change
Revenue $10,940,070 $9,733,289 +0.1%
Expenses $10,081,415 $9,647,090 +0.0%
Net Income $858,655 $86,199 +9.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
154
Volunteers
9

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
4
$168,611
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jean Parsons President 2.00
Officer Director
$0 $0 $0
Phillip Curtis Vice President 2.00
Officer Director
$0 $0 $0
Kate Marcotte Treasurer 2.00
Officer Director
$0 $0 $0
Julia Chrstenbury Director 2.00
Director
$0 $0 $0
Steven Gore Director 2.00
Director
$0 $0 $0
Paul Lynch Director 2.00
Director
$0 $0 $0
Marlene McManus Director 2.00
Director
$0 $0 $0
Chris Parker Director 2.00
Director
$0 $0 $0
Jolene Whitehead Director 2.00
Director
$0 $0 $0
Jeanette Souther Executive Director 40.00
Officer
$135,549 $33,062 $168,611
Ken Plourde Director HR & Facilities 40.00
Highest
$109,955 $25,449 $135,404
Amanda Martineau Director of Community Enga 40.00
Highest
$104,972 $3,930 $108,902
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
2025 $10,940,070 $10,081,415 $8,396,869 $858,655
2024 $9,733,289 $9,647,090 $7,596,711 $86,199
2023 $9,029,726 $8,985,520 $7,347,221 $44,206
2022 $8,079,151 $8,295,288 $7,136,656 $-216,137
2021 $9,878,649 $7,081,982 $7,353,441 $2,796,667
2020 $6,923,584 $7,632,303 $5,691,090 $-708,719
2019 $7,428,323 $7,379,398 $5,245,470 $48,925
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