MONARCH ACADEMY BALTIMORE CAMPUS INC

EIN: 452605141 501(c)(3) Education

BALTIMORE, MD

Total Revenue
$874,221
Total Expenses
$888,768
Total Assets
$10,689,743
Net Assets
$-1,554,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
CHRIS ZIMMERMAN
Phone
4436422402
Tax Period
2022-07-01 to 2023-06-30

MONARCH ACADEMY BALTIMORE CAMPUS INC, founded in 2011, is a small nonprofit in the Education sector that reported $874K in total revenue in fiscal year 2022. Revenue fell 85% from the prior year — a significant decline worth monitoring.

Mission

MONARCH ACADEMY PUBLIC CHARTER SCHOOLS ARE TUITION-FREE PUBLIC CHARTER SCHOOLS THAT AIM TO EDUCATE BALTIMORE STUDENTS TO BE SELF-MOTIVATED, CREATIVE, CRITICAL THINKERS AND LIFE-LONG LEARNERS WHO ARE PRODUCTIVE CONTRIBUTORS TO THE GLOBAL COMMUNITY IN THE 21ST CENTURY. AT MONARCH ACADEMY, CHILDREN ARE ENCOURAGED TO THINK CRITICALLY; QUESTION; REFLECT; AND PARTICIPATE IN A RIGOROUS, HIGHLY INTERACTIVE INSTRUCTIONAL PROGRAM THAT INTEGRATES ARTS AND TECHNOLOGY ACROSS THE CURRICULUM.THE ACADEMY'S CHARTER WAS NOT RENEWED AND THE SCHOOL CEASED OPERATIONS AT THE END OF THE 2018-2019 SCHOOL YEAR. THIS DECISION HAS BEEN APPEALED; ON FEBRUARY 2021 THE MSDE UPHELD THE DECISION NOT TO RENEW THE SCHOOL'S CHARTER. OPERATIONS FOR THE YEAR ENDED JUNE 30, 2023 REFLECT REVENUES FROM RENTING A PORTION OF THE BUILDING OFFSET BY THE COSTS OF MAINTAINING THE BUILDING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $874,221
TOTAL REVENUE $874,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $888,768
TOTAL EXPENSES $888,768

Year-over-Year Comparison

2022 2021 Change
Revenue $874,221 $5,668,871 -0.8%
Expenses $888,768 $1,957,131 -0.5%
Net Income $-14,547 $3,711,740 -1.0%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
$578,627
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAWN HART CHAIRPERSON 2.00
Officer Director
$0 $0 $0
DAVID BORINSKY DIRECTOR 2.00
Director
$0 $0 $0
ELAINE CLINTON DIRECTOR 2.00
Director
$0 $0 $0
GREGORY E GANN ESQ DIRECTOR 2.00
Director
$0 $0 $0
WINGROVE LYNTON DIRECTOR 2.00
Director
$0 $0 $0
CAITLIN O'HARA DIRECTOR 2.00
Director
$0 $0 $0
JENNY LIVELLI CHIEF EXECUTIVE OFFICER 5.00
Officer
$0 $9,134 $357,862
CHRIS ZIMMERMAN CHIEF FINANCIAL OFFICER 5.00
Officer
$0 $3,125 $220,765
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 No data No data No data No data
2024 No data No data No data No data
2023 $874,221 $888,768 $10,689,743 $-14,547
2022 $5,668,871 $1,957,131 $11,110,682 $3,711,740
2021 $658,788 $2,071,433 $12,308,281 $-1,412,645
2020 $160,357 $2,090,531 $13,367,244 $-1,930,174
2019 $9,029,060 $9,875,431 $13,909,472 $-846,371
2018 $9,398,363 $9,982,987 $14,303,172 $-584,624
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