THE MONROE FOUNDATION INC (EIN 223236708) - 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

1993

Legal Domicile

Principal Officer

STEPHEN JEROME

Phone

6463938352

Tax Period

2023-09-01 to 2024-08-31

THE MONROE FOUNDATION INC, founded in 1993, is a small nonprofit in the Education sector that reported $307K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $397K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MONROE FOUNDATION ASSISTS DESERVING INDIVIDUALS IN THEIR PRESUIT OF HIGHER EDUCATION, EMPHASIZING SUPPORT OF THE UNDERSERVED & VETERAN STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $232,346

Program Service Revenue $0

Investment Income $57,943

Other Revenue $16,916

TOTAL REVENUE $307,205

Expense Breakdown

Grants Paid $106,547

Salaries & Benefits $0

Fundraising Expenses $61,305

Program Expenses $106,547

Other Expenses $290,034

TOTAL EXPENSES $396,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$307,205	$364,317	-0.2%
Expenses	$396,581	$435,671	-0.1%
Net Income	$-89,376	$-71,354	+0.3%

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

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
STEPHEN JEROME	PRESIDENT	2.0	Officer Director	$0	$0	$0
OLESIA TIAGI	TREASURER	2.0	Officer Director	$0	$0	$0
OLHA PALUCH	DIRECTOR	2.0	Director	$0	$0	$0
ANTHONY COSCHIGANO	DIRECTOR	2.0	Director	$0	$0	$0
GREG GONZALEZ	DIRECTOR	2.0	Director	$0	$0	$0
MANNY TARTAGLIONE	DIRECTOR	2.0	Director	$0	$0	$0
LAUREN ROSENTHAL	DIRECTOR	2.0	Director	$0	$0	$0
SCOTT SIMON	DIRECTOR	2.0	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
2024	No data	No data	No data	No data
2024	$307,205	$396,581	$2,810,302	$-89,376
2023	$364,317	$435,671	$2,519,227	$-71,354
2022	$644,866	$415,700	$1,965,085	$229,166
2021	$269,677	$374,738	$2,250,951	$-105,061
2020	$71,793	$285,507	$1,905,110	$-213,714
2019	$248,869	$229,175	$1,785,104	$19,694

THE MONROE FOUNDATION INC