Monroe Foundation (EIN 363787503) - 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

1991

Legal Domicile

Principal Officer

OTIS MONROE

Phone

7733159720

Tax Period

2023-04-01 to 2024-03-31

Monroe Foundation, founded in 1991, is a small nonprofit in the Religion sector that reported $423K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $500K exceeded revenue, resulting in a 18% operating deficit.

Mission

Neighborhood Community Development through workshops seminars business consulting and referral services for nonprofit entities

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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 $423,264

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $423,264

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,562

Fundraising Expenses $0

Program Expenses $340,250

Other Expenses $483,549

TOTAL EXPENSES $500,111

Year-over-Year Comparison

	2023	2022	Change
Revenue	$423,264	$614,111	-0.3%
Expenses	$500,111	$635,945	-0.2%
Net Income	$-76,847	$-21,834	+2.5%

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

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
JURELLENE RIBSBY	Director	2.000	Director	$0	$0	$0
OTIS MONROE	Executive Director	50.00	Highest	$0	$0	$0
ANIBAL VEGA	Director	2.000	Director	$0	$0	$0
PAUL A LABONNE	Director	2.000	Officer Director	$0	$0	$0
ATHENA WILLIAMS	Chair	2.000	Director	$0	$0	$0
FABIOLA CADISH	Director	2.000	Director	$0	$0	$0
DENNIS MUHAMMAD	Director	2.000	Director	$0	$0	$0
DEVONTA BOSTON	Director	N/A	Director	$0	$0	$0
VIRGINIA HARDRICT	Secretary	2.000	Officer 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	$423,264	$500,111	$55,081	$-76,847
2023	$614,111	$635,945	$101,492	$-21,834
2022	$815,425	$738,841	$123,284	$76,584
2021	$493,529	$389,696	$87,344	$103,833
2020	$127,500	$117,220	$48,453	$10,280
2019	$118,500	$99,020	$38,173	$19,480

Monroe Foundation