MONARCH AWARDS FOUNDATION INC (EIN 363539273) - 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

1987

Legal Domicile

Principal Officer

SHANNON B STATON

Phone

7088428623

Tax Period

2023-01-01 to 2023-12-31

MONARCH AWARDS FOUNDATION INC, founded in 1987, is a small nonprofit that reported $421K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 21% operating margin.

Mission

To provide scholarships and community service.

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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 $168,613

Program Service Revenue $48,958

Investment Income $3,499

Other Revenue $199,629

TOTAL REVENUE $420,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $302,393

Other Expenses $332,393

TOTAL EXPENSES $332,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$420,699	$262,064	+0.6%
Expenses	$332,393	$232,987	+0.4%
Net Income	$88,306	$29,077	+2.0%

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

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

150

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
ROSALIND AGEE	TECHNOLOGY CHM	2.00	Director	$0	$0	$0
SHAWNICE HUBBARD	PARLIMENT	0.50	Director	$0	$0	$0
ANDREAL NEAL	MEMBER AT LARGE	0.50	Director	$0	$0	$0
PAULETTE PHILLIPS	Treasurer	10.00	Officer Director	$0	$0	$0
IESHA WASHINGTON	MEMBER AT LARGE	0.50	Director	$0	$0	$0
BARONICA ROBERSON	DEV CHAIRMAN	0.50	Director	$0	$0	$0
VICTORIA LLOYD	SCHOLARSHIP CHA	2.00	Director	$0	$0	$0
SYDNEY ADAMS	XNO TREASURER	0.50	Director	$0	$0	$0
KIECHA JOSEPH	PUBL RELATIONS	2.00	Director	$0	$0	$0
SHEILA TYLER SMITH	GALA CHAIRMAN	2.00	Director	$0	$0	$0
MICHELE RHYMES	CONNECTIONS CRM	2.00	Director	$0	$0	$0
ADAIR BRYAN	IVY LEAF REPORT	0.50	Director	$0	$0	$0
ELIZABETH CHAMBERS	FUNDRAISING CRM	2.00	Director	$0	$0	$0
JENNIFER ELLIS-JACKSON	Vice President	5.00	Officer	$0	$0	$0
SHANNON STATON	President	10.00	Officer	$0	$0	$0
DESHONDA SISCO	CORRESP SECTRY	0.50	Officer	$0	$0	$0
MIA CROSS	RECORDING SEC	5.00	Officer	$0	$0	$0
LATICIA PALM	MEMBER AT LARGE	2.00	Officer	$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
2023	$420,699	$332,393	$381,524	$88,306
2022	$262,064	$232,987	$289,993	$29,077
2021	$326,900	$276,491	$260,916	$50,409
2020	$285,907	$245,301	$210,507	$40,606
2019	$335,283	$276,889	$169,901	$58,394

MONARCH AWARDS FOUNDATION INC