MONUMENT ACADEMY INC

EIN: 463662061 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$13,936,823
Total Expenses
$14,148,197
Total Assets
$25,173,794
Net Assets
$6,589,918
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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
2015
Legal Domicile
DC
Principal Officer
JEFFREY GRANT
Phone
2025453180
Tax Period
2024-07-01 to 2025-06-30

MONUMENT ACADEMY INC, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $13.9M in total revenue in fiscal year 2024.

Mission

TO EMPOWER CHILDREN AND FAMILIES WHO HAVE EXPERIENCED SIGNIFICANT ADVERSITY, INCLUDING INVOLVEMENT OR RISK OF INVOLVEMENT IN CHILD WELFARE AND/OR OTHER SOCIAL SERVICE SYSTEMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,354,785
Program Service Revenue $12,338,934
Investment Income $238,104
Other Revenue $5,000
TOTAL REVENUE $13,936,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,633,438
Fundraising Expenses $182,620
Program Expenses $10,306,478
Other Expenses $5,514,759
TOTAL EXPENSES $14,148,197

Year-over-Year Comparison

2024 2023 Change
Revenue $13,936,823 $13,525,139 +0.0%
Expenses $14,148,197 $12,979,120 +0.1%
Net Income $-211,374 $546,019 -1.4%
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
8
Independent Members
8
Employees
132
Volunteers
9

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
9
$595,407
Total Directors
9
$0
Key Employees
1
$189,709
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY BLOOMFIELD FOUNDER AND CHAIR 2.00
Officer Director
$0 $0 $0
CHUCK JONES VICE CHAIR AS OF SEPTEMBER 2024 2.00
Officer Director
$0 $0 $0
JAMES WALLER FINANCE CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
REQUITA MCNEIL SECRETARY 2.00
Officer Director
$0 $0 $0
CARLA WATSON ACADEMIC COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
TAMERIA LEWIS VICE CHAIR UNTIL SEPTEMBER 2024 2.00
Officer Director
$0 $0 $0
DONNA ANTHONY BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL D'ALESSANDRO BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID WARE BOARD MEMBER AS OF SEPTEMBER 2024 2.00
Director
$0 $0 $0
JEFFREY GRANT HEAD OF SCHOOL AND CEO 40.00
Officer
$259,604 $24,838 $284,442
GREG GASKINS CHIEF OF OPERATIONS 40.00
Officer
$142,842 $21,221 $164,063
JEFFREY MCHUGH CHIEF OF DATA, SYSTEMS, & IT 40.00
Officer
$127,226 $19,676 $146,902
ASHLEY DECRUISE PRINCIPAL 40.00
Key Emp
$172,583 $17,126 $189,709
DANIELLE NELSON CHIEF OF WELL-BEING 40.00
Highest
$135,691 $16,353 $152,044
BRITTANY DAVID DIRECTOR OF STUDENT SERVICES 40.00
Highest
$119,839 $16,784 $136,623
KATRICE FULLER-WHITAKER CHIEF OF STUDENT & FAMILY ENGAGEMENT 40.00
Highest
$146,716 $18,942 $165,658
JAMES LONG DIRECTOR OF OPERATIONS 40.00
Highest
$111,121 $14,373 $125,494
ANNA SCUDIERO DEVELOPMENT DIRECTOR 40.00
Highest
$106,792 $21,958 $128,750
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 $13,936,823 $14,148,197 $25,173,794 $-211,374
2024 $13,525,139 $12,979,120 $21,920,148 $546,019
2023 $11,187,621 $11,167,346 $21,646,529 $20,275
2022 $10,401,082 $9,913,922 $6,529,698 $487,160
2021 $11,096,350 $9,327,657 $5,933,200 $1,768,693
2020 $10,123,037 $8,383,921 $5,186,479 $1,739,116
2019 $10,501,946 $10,329,649 $3,297,752 $172,297
2018 $9,935,147 $9,357,310 $3,079,663 $577,837
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