Monarch Family Resource Center

Monarch Family Resource Center shows asset growth but recent operating deficits and increased liabilities.

EIN: 202704258 · Farmington, MO · NTEE: P46 · Updated: 2026-03-28

$476KRevenue

$1.2MAssets

70/100Mission Score (Good)

P46

About Monarch Family Resource Center

Monarch Family Resource Center (EIN: 202704258) is a nonprofit organization based in Farmington, MO, classified under NTEE code P46. The organization reported total revenue of $476K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monarch Family Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Monarch Family Resource Center demonstrates a mixed financial picture. While the organization has shown significant growth in assets, reaching $1,231,808, its recent financial periods (202305 and 202405) indicate expenses exceeding revenue. For instance, in 202405, expenses were $423,810 against revenues of $334,900, and in 202305, expenses were $390,578 against revenues of $331,354. This trend of operating at a deficit in the last two reported periods warrants closer examination to ensure long-term sustainability, especially given the substantial increase in liabilities from $3,147 in 202205 to $580,815 in 202405.

The organization's transparency is commendable regarding executive compensation, as officer compensation has consistently been reported as 0% across all available filings. This suggests a volunteer-led or very lean administrative structure at the top. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The significant increase in liabilities, particularly in the most recent filings, could indicate reliance on debt or deferred revenue, which should be monitored.

Despite recent deficits, the organization has managed to grow its assets considerably, from $261,787 in 201505 to over $1.2 million currently, suggesting successful asset accumulation over time. The sharp increase in assets from $415,578 in 202105 to $776,015 in 202205, coinciding with a period where revenue significantly outpaced expenses ($587,549 vs $227,737), indicates a strong financial year that likely contributed to this growth. The recent deficits, however, pose a challenge to maintaining this growth trajectory.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Monarch Family Resource Center with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Monarch Family Resource Center allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for minimizing overhead.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Monarch Family Resource Center's IRS 990 filings:

Operating at a deficit in the last two reported periods (202305 and 202405).
Significant increase in liabilities from $3,147 in 202205 to $580,815 in 202405.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency.

Strengths

The following positive indicators were identified for Monarch Family Resource Center:

Consistent 0% officer compensation, indicating efficient use of funds at the executive level.
Significant growth in assets over the past decade, from $261,787 in 201505 to $1,231,808 currently.
Strong revenue generation in 202205 ($587,549) which significantly contributed to asset growth.

Frequently Asked Questions about Monarch Family Resource Center

Is Monarch Family Resource Center financially sustainable given recent deficits?

The organization has reported expenses exceeding revenue in the last two periods (202305 and 202405), with a deficit of $88,910 in 202405 and $59,224 in 202305. This trend, coupled with a significant increase in liabilities, raises questions about long-term financial sustainability if not addressed.

What caused the substantial increase in liabilities from $3,147 in 202205 to $580,815 in 202405?

The dramatic increase in liabilities over two years is a significant financial event that warrants further investigation. It could be due to new debt, deferred revenue, or other obligations, and understanding its nature is crucial for assessing financial health.

How does Monarch Family Resource Center plan to address the recent operating deficits?

With expenses exceeding revenue in the most recent filings, the organization would need to outline strategies for increasing revenue or reducing expenses to return to a surplus and ensure continued operations.

Filing History

IRS 990 filing history for Monarch Family Resource Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Monarch Family Resource Center's revenue has grown by 175.9%, moving from $121K to $335K. Total assets increased by 374.9% over the same period, from $254K to $1.2M. Total functional expenses rose by 202%, from $140K to $424K. In its most recent filing year (2024), Monarch Family Resource Center reported a deficit of $89K, with expenses exceeding revenue. The organization holds $581K in liabilities against $1.2M in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $625K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$335K	$424K	$1.2M	$581K	—	—
2023	$331K	$391K	$1.3M	$596K	—	View 990
2022	$588K	$228K	$776K	$3K	—	View 990
2021	$276K	$179K	$416K	$3K	—	—
2020	$175K	$195K	$345K	$29K	—	View 990
2019	$245K	$212K	$339K	$3K	—	View 990
2018	$214K	$187K	$336K	$32K	—	—
2017	$214K	$171K	$315K	$39K	—	View 990
2016	$187K	$193K	$279K	$46K	—	View 990
2015	$158K	$203K	$262K	$23K	—	View 990
2014	$186K	$166K	$314K	$30K	—	View 990
2013	$184K	$130K	$301K	$37K	—	View 990
2012	$121K	$140K	$254K	$44K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $335K, expenses of $424K, and assets of $1.2M (revenue +1.1% year-over-year).
2023: Revenue of $331K, expenses of $391K, and assets of $1.3M (revenue -43.6% year-over-year).
2022: Revenue of $588K, expenses of $228K, and assets of $776K (revenue +112.7% year-over-year).
2021: Revenue of $276K, expenses of $179K, and assets of $416K (revenue +58.2% year-over-year).
2020: Revenue of $175K, expenses of $195K, and assets of $345K (revenue -28.7% year-over-year).
2019: Revenue of $245K, expenses of $212K, and assets of $339K (revenue +14.4% year-over-year).
2018: Revenue of $214K, expenses of $187K, and assets of $336K (revenue +0.0% year-over-year).
2017: Revenue of $214K, expenses of $171K, and assets of $315K (revenue +14.2% year-over-year).
2016: Revenue of $187K, expenses of $193K, and assets of $279K (revenue +18.5% year-over-year).
2015: Revenue of $158K, expenses of $203K, and assets of $262K (revenue -15.1% year-over-year).
2014: Revenue of $186K, expenses of $166K, and assets of $314K (revenue +1.5% year-over-year).
2013: Revenue of $184K, expenses of $130K, and assets of $301K (revenue +51.2% year-over-year).
2012: Revenue of $121K, expenses of $140K, and assets of $254K.

Data Sources and Methodology

This transparency report for Monarch Family Resource Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.