Monitors Foundation

EIN: 411915013 501(c)(3) Philanthropy & Grantmaking

St Louis Park, MN

Total Revenue
$43,012
Total Expenses
$63,857
Total Assets
$868,234
Net Assets
$868,234
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MN
Principal Officer
Jonathan Carter
Phone
6124326832
Tax Period
2025-01-01 to 2025-12-31

Monitors Foundation, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $43K in total revenue in fiscal year 2025. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $64K exceeded revenue, resulting in a 48% operating deficit.

Mission

The Monitors Foundation shall be operated exclusively for charitable and educational purposes, including, but not limited to: fostering and enhancing the academic, leadership and social skills of youth in the Minneapolis-St. Paul metropolitan area; providing scholarship opportunities for youth; and promoting the public understanding of, and support for, new and existing community programs which support youth and their families.

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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 (2025)

Revenue Breakdown

Contributions & Grants $49,386
Program Service Revenue $0
Investment Income $-1,048
Other Revenue $-5,326
TOTAL REVENUE $43,012

Expense Breakdown

Grants Paid $39,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,500
Other Expenses $24,357
TOTAL EXPENSES $63,857

Year-over-Year Comparison

2025 2024 Change
Revenue $43,012 $28,458 +0.5%
Expenses $63,857 $62,223 +0.0%
Net Income $-20,845 $-33,765 -0.4%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
11

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Terry Austin Board Member 1.00
Director
$0 $0 $0
Gregory Burrell Board Member 1.00
Director
$0 $0 $0
Ayo Idowu Board Member 1.00
Director
$0 $0 $0
Henry Crosby Board Member 1.00
Director
$0 $0 $0
Willie Roller Jr Board Member 1.00
Director
$0 $0 $0
Robert Toatley Board Member 1.00
Director
$0 $0 $0
Eric Black President 2.00
Officer Director
$0 $0 $0
Art Alexander Secretary 2.00
Officer Director
$0 $0 $0
Jonathan Carter Treasurer 2.00
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
2025 $43,012 $63,857 $868,234 $-20,845
2024 $28,458 $62,223 $795,381 $-33,765
2023 $67,184 $80,435 $715,455 $-13,251
2022 $126,573 $33,356 $643,763 $93,217
2021 $108,144 $38,840 $643,146 $69,304
2020 $82,805 $64,187 $519,989 $18,618
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