MONROE HARDING INC

EIN: 620476670 501(c)(3)

NASHVILLE, TN

Total Revenue
$3,325,091
Total Expenses
$3,802,504
Total Assets
$11,278,513
Net Assets
$10,795,979
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
TN
Principal Officer
PAMELA MADISON
Phone
6152985573
Tax Period
2022-07-01 to 2023-06-30

MONROE HARDING INC, founded in 1976, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2022. Expenses of $3.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

SINCE 1893, MONROE HARDING CHANGES YOUNG PEOPLE'S LIVES. WE STEP IN AS A FAMILY, PROVIDING HOMES, HEALING, AND OPPORTUNITIES THAT ARE VITAL TO HELPING YOUNG PEOPLE SUCCEED. IN FY2023, MONROE HARDING SERVED 394 YOUTH RANGING IN AGE FROM BIRTH TO AGE 26.

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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 $1,357,868
Program Service Revenue $2,029,371
Investment Income $-137,300
Other Revenue $75,152
TOTAL REVENUE $3,325,091

Expense Breakdown

Grants Paid $243,528
Salaries & Benefits $2,210,186
Fundraising Expenses $271,278
Program Expenses $3,209,000
Other Expenses $1,348,790
TOTAL EXPENSES $3,802,504

Year-over-Year Comparison

2022 2021 Change
Revenue $3,325,091 $3,388,870 0.0%
Expenses $3,802,504 $3,714,550 +0.0%
Net Income $-477,413 $-325,680 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
48
Volunteers
95

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
5
$137,343
Total Directors
13
$77,894
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAQUEL BARLOW MEMBER 1.00
Director
$0 $0 $0
BRIAN BERRY MEMBER 1.00
Director
$0 $0 $0
KANISHKA BIDDANDA MEMBER 1.00
Director
$0 $0 $0
LEGINA CHAUDOIN MEMBER 1.00
Director
$0 $0 $0
ASHLEY GOLSON MEMBER 1.00
Director
$0 $0 $0
TRAVIS HAMILTON MEMBER 1.00
Director
$0 $0 $0
JEANETTE OPHEIM MEMBER 1.00
Director
$0 $0 $0
SYDNEY ROGERS MEMBER 1.00
Director
$0 $0 $0
JOSHUA SCALES MEMBER 1.00
Director
$0 $0 $0
JACKIE SHRAGO MEMBER 1.00
Director
$0 $0 $0
RACHEL SODEE MEMBER 1.00
Director
$0 $0 $0
LORI VANDERBOEGH MEMBER 1.00
Director
$0 $0 $0
DEIDRE MATTHEWS VP FINANCE & ADMIN. 40.00
Director
$77,894 $0 $77,894
PAMELA MADISON CEO 40.00
Officer
$137,343 $0 $137,343
LARONDA HENDERSON TREASURER 1.00
Officer
$0 $0 $0
BRITTANY MACON SECRETARY 1.00
Officer
$0 $0 $0
KYLEN SHARPE VICE CHAIR 1.00
Officer
$0 $0 $0
CHRIS WYATT CHAIR 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $3,325,091 $3,802,504 $11,278,513 $-477,413
2022 $3,388,870 $3,714,550 $10,409,928 $-325,680
2021 $4,360,503 $3,965,556 $12,177,860 $394,947
2019 $3,072,497 $3,535,012 $6,052,900 $-462,515
2018 $3,714,789 $3,493,992 $6,073,140 $220,797
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