MONROE COUNTY EDUCATION FOUNDATION… - Form 990 Financial Data

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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

1995

Legal Domicile

Principal Officer

BRYAN GREEN

Phone

3052931400

Tax Period

2024-07-01 to 2025-06-30

MONROE COUNTY EDUCATION FOUNDATION INC, founded in 1995, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. The organization ran a surplus of $757K, a strong 32% operating margin.

Mission

TO SUPPORT ACTIVITIES THAT ARE DIRECTED TOWARD AIDING, SUPPLEMENTING, IMPROVING, ENHANCING AND COMPLEMENTING THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM AND PROVIDE SCHOLARSHIPS FOR MONROE COUNTY STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $1,384,125

THE MONROE COUNTY EDUCATION FOUNDATION (MCEF), THROUGH ITS FLAGSHIP PROGRAM TAKE STOCK IN CHILDREN (TSIC), PROVIDES FUNDING, SUMMER EDUCATIONAL ENHANCEMENT OPPORTUNITIES, AND MENTORSHIP TO HELP...

THE MONROE COUNTY EDUCATION FOUNDATION (MCEF), THROUGH ITS FLAGSHIP PROGRAM TAKE STOCK IN CHILDREN (TSIC), PROVIDES FUNDING, SUMMER EDUCATIONAL ENHANCEMENT OPPORTUNITIES, AND MENTORSHIP TO HELP MONROE COUNTY STUDENTS ACHIEVE THEIR POTENTIAL. MCEF PROVIDES ACCESS TO HIGHER EDUCATION FOR FLORIDA STUDENTS WHO ARE AT RISK OF NOT ATTENDING COLLEGE OR UNIVERSITY. THROUGH THE PROGRAM, MCEF MATCHES AT RISK STUDENTS WITH MENTORS, GUIDES STUDENTS IN MAKING SMART CAREER CHOICES, AND GUARANTEES RESOURCES SO THAT MONROE COUNTY STUDENTS MAY COMPLETE A COLLEGE DEGREE OR CERTIFICATE. TSIC MONROE GRANTS COLLEGE SCHOLARSHIPS UPON HIGH SCHOOL GRADUATION TO QUALIFIED 6TH-12TH GRADE STUDENT-RECIPIENTS OF INCOME ELIGIBLE FAMILIES RESIDING IN THE COUNTY. (CONTINUED ON SCHEDULE O.)TSIC MONROE IS AN AWARD-WINNING MODEL IN THE STATE OF FLORIDA, A CONCERTED ENDEAVOR CONSISTING OF APPROXIMATELY 370 DEDICATED VOLUNTEER MENTORS AND STUDENTS WITH A NETWORK OF INDIVIDUAL DONORS, CORPORATE SPONSORS AND A HARDWORKING STAFF. MCEF RECOGNIZED THE ACCOMPLISHMENTS AND CELEBRATED THE GRADUATION OF 81 TSIC SCHOLARS IN MAY 2025 DURING A LIVE OUTDOOR CEREMONY. A TOTAL OF 1,165 STUDENTS FROM MONROE COUNTY HAVE RECEIVED SCHOLARSHIPS SINCE THE PROGRAM WAS FOUNDED.

Program 2

Expenses: $136,829

EXPERIMENT IN INTERNATIONAL LIVING (EIL), MONROE COUNTY IS A COMPANION PROGRAM THAT'S BEEN SPONSORED BY MCEF SINCE 2006. AREA HIGH-SCHOOL STUDENTS BENEFIT FROM THE EXPERIENCE OF LIVING ABROAD WITH...

EXPERIMENT IN INTERNATIONAL LIVING (EIL), MONROE COUNTY IS A COMPANION PROGRAM THAT'S BEEN SPONSORED BY MCEF SINCE 2006. AREA HIGH-SCHOOL STUDENTS BENEFIT FROM THE EXPERIENCE OF LIVING ABROAD WITH FAMILIES FOR 3 TO 5 WEEKS DURING THE SUMMER. A VARIETY OF PROGRAM THEMES ARE DESIGNED TO INSTILL A DEEPER CULTURAL AWARENESS, NURTURE RELATIONSHIPS THROUGH THE DEVELOPMENT OF LANGUAGE SKILLS, AND ENCOURAGE MANY OTHER HANDS-ON ACTIVITIES. EIL HAS OFFERED THESE OPPORTUNITIES, NATIONALLY, SINCE 1932. DURING THE SUMMER OF 2025, 15 TSIC STUDENTS PARTICIPATED IN AN EIL PROGRAM.

Program 3

Expenses: $64,829

COLLEGE AND CAREER READINESS PROJECTS ADDRESS THE CHALLENGES FACING AT-RISK, LOW-INCOME STUDENTS ON A PATH TOWARDS HIGH SCHOOL COMPLETION AND POST-SECONDARY ENROLLMENT. THESE INITIATIVES PREPARE...

COLLEGE AND CAREER READINESS PROJECTS ADDRESS THE CHALLENGES FACING AT-RISK, LOW-INCOME STUDENTS ON A PATH TOWARDS HIGH SCHOOL COMPLETION AND POST-SECONDARY ENROLLMENT. THESE INITIATIVES PREPARE PARTICIPANTS FOR COLLEGE AND CAREER PURSUITS AFTER HIGH SCHOOL, WHETHER THEY ENROLL IN COLLEGE OR A CAREER-TECHNICAL EDUCATION PROGRAM, AND PROVIDES SUPPORT ALONG THE SECONDARY EDUCATION CONTINUUM WITH WORKSHOPS AND RESOURCES FOCUSED ON PREPAREDNESS AND SUCCESS IN COLLEGE AND CAREER.MCEF, THROUGH ADDITIONAL GRANT-FUNDING, PROVIDES 4 COLLEGE CAMPUS VISITS AND TOURS DURING THE YEAR AS WELL AS SEVERAL COLLEGE AND CAREER READINESS WORKSHOPS TO TSIC STUDENTS IN MIDDLE AND HIGH SCHOOL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,312,881

Program Service Revenue $0

Investment Income $48,566

Other Revenue $2,043

TOTAL REVENUE $2,363,490

Expense Breakdown

Grants Paid $1,308,871

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,585,783

Other Expenses $297,434

TOTAL EXPENSES $1,606,305

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,363,490	$2,426,808	0.0%
Expenses	$1,606,305	$1,518,291	+0.1%
Net Income	$757,185	$908,517	-0.2%

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

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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

N/A

Volunteers

370

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
BRYAN GREEN	PRES. THRU 12/24; TREAS. AS OF 1/25	1.25	Officer Director	$0	$0	$0
RON SAUNDERS	VP THRU 12/24; PRES. AS OF 1/25	0.25	Officer Director	$0	$0	$0
MARIANNE FINIZIO	DIRECTOR THRU 12/24; VP AS OF 1/25	0.25	Officer Director	$0	$0	$0
CHUCK LICIS-MASSON	TSIC COORDINATOR/EXECUTIVE DIRECTOR	5.00	Officer Director	$0	$0	$0
MARY CHAMBERS	TREAS. THRU 12/24; DIR. AS OF 1/25	0.50	Officer Director	$0	$0	$0
TERRY HUFF	SECRETARY	0.50	Officer Director	$0	$0	$0
JOHN PADGET	PRESIDENT EMERITUS	0.25	Director	$0	$0	$0
THERESA AXFORD	DIRECTOR	0.25	Director	$0	$0	$0
LAURA CIAMPA	DIRECTOR	0.25	Director	$0	$0	$0
JEROME COVINGTON	DIRECTOR	0.25	Director	$0	$0	$0
ZAYRA FOSSE	DIRECTOR AS OF 1/25	0.25	Director	$0	$0	$0
JEFF FROST	DIRECTOR	0.25	Director	$0	$0	$0
JJAY GRAZETTE	DIRECTOR	0.25	Director	$0	$0	$0
TIM MALONEY	DIRECTOR	0.25	Director	$0	$0	$0
HOLLY RASCHEIN	DIRECTOR	0.25	Director	$0	$0	$0
CHARLENE WHITE	DIRECTOR	0.25	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	$2,363,490	$1,606,305	$16,820,956	$757,185
2024	$2,426,808	$1,518,291	$15,776,474	$908,517
2023	$2,225,345	$1,463,524	$15,052,497	$761,821
2022	$1,896,279	$1,403,940	$14,476,181	$492,339
2021	$843,286	$1,243,326	$14,201,570	$-400,040
2020	$2,782,119	$1,340,270	$14,708,448	$1,441,849
2019	$1,418,692	$1,236,520	$13,348,172	$182,172

MONROE COUNTY EDUCATION FOUNDATION INC