Monarch School Of New England
Monarch School Of New England shows consistent revenue growth and stable financial health with no reported officer compensation.
EIN: 20315196 · Rochester, NH · NTEE: B28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $9.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9 |
| Net Assets | $5.4M |
| Transparency Score | 88/100 |
Is Monarch School Of New England Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monarch School Of New England directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monarch School Of New England
Monarch School Of New England (EIN: 20315196) is a nonprofit organization based in Rochester, NH, classified under NTEE code B28Z. The organization reported total revenue of $11.0M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monarch School Of New England's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monarch School Of New England is a large nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.0M |
| Total Expenses | $9.0M |
| Surplus / Deficit | +$44K |
| Total Assets | $7.3M |
| Total Liabilities | $1.9M |
| Net Assets | $5.4M |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 26.0% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Monarch School Of New England reported a surplus of $44K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 26.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monarch School Of New England's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +8.3% | +3.0% |
| 2022 | -18.2% | +17.1% | -2.9% |
| 2021 | +42.7% | -7.2% | +29.2% |
| 2020 | -6.8% | +3.4% | +8.5% |
| 2019 | +4.6% | +11.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Monarch School Of New England with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Monarch School Of New England allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $9 million in annual revenue. This could indicate that executive leadership is volunteer-based, compensated through a different category, or that individual compensation falls below the IRS reporting threshold for officers.
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 School Of New England's IRS 990 filings:
- Unusually low or zero reported officer compensation, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Monarch School Of New England:
- Consistent and significant revenue growth over the past decade, from $3.5M in 2014 to over $9M in 2023.
- Expenses closely align with revenue, indicating efficient spending on programs (e.g., $8,985,520 expenses vs. $9,029,726 revenue in 2023).
- Steady growth in assets, demonstrating financial stability and capacity building (from $1.7M in 2014 to $7.3M in 2023).
- Reported 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
Frequently Asked Questions about Monarch School Of New England
Is Monarch School Of New England a legitimate charity?
Based on AI analysis of IRS 990 filings, Monarch School Of New England (EIN: 20315196) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Monarch School Of New England spend its money?
Monarch School Of New England directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monarch School Of New England tax-deductible?
Monarch School Of New England is registered as a tax-exempt nonprofit (EIN: 20315196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Monarch School Of New England CEO make?
Monarch School Of New England's highest-compensated officer earns $9 annually. The organization reported $11.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Monarch School Of New England's spending goes to programs?
Monarch School Of New England directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Monarch School Of New England compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Monarch School Of New England is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Monarch School Of New England located?
Monarch School Of New England is headquartered in Rochester, New Hampshire and files with the IRS under EIN 20315196. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Monarch School Of New England have?
Monarch School Of New England has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.0M in total revenue.
Is Monarch School Of New England a good charity?
Based on the provided data, Monarch School Of New England appears to be a financially healthy organization with consistent revenue growth and a strong focus on its mission, as indicated by expenses closely matching revenue and no reported officer compensation. This suggests efficient use of funds for its programs.
How has the organization's revenue grown over time?
Monarch School Of New England has shown significant revenue growth, increasing from $3,536,616 in 2014 to $9,029,726 in 2023, demonstrating a strong upward trend in financial support.
What is the trend in the organization's assets?
The organization's assets have steadily increased over the past decade, growing from $1,707,436 in 2014 to $7,347,221 in 2023, indicating healthy financial accumulation and stability.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a notable point. It could mean that the organization's top leadership is entirely volunteer, or that compensation is structured in a way that it's not reported under 'officer compensation' on the 990, or that individual officer salaries are below the IRS reporting threshold. This generally suggests a high dedication of funds to the mission rather than executive salaries.
Filing History
IRS 990 filing history for Monarch School Of New England showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monarch School Of New England's revenue has grown by 180.8%, moving from $3.2M to $9.0M. Total assets increased by 528% over the same period, from $1.2M to $7.3M. Total functional expenses rose by 209.7%, from $2.9M to $9.0M. In its most recent filing year (2023), Monarch School Of New England reported a surplus of $44K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $7.3M in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $9.0M | $7.3M | $1.9M | — | View 990 |
| 2022 | $8.1M | $8.3M | $7.1M | $1.7M | — | View 990 |
| 2021 | $9.9M | $7.1M | $7.4M | $1.7M | — | — |
| 2020 | $6.9M | $7.6M | $5.7M | $2.9M | — | View 990 |
| 2019 | $7.4M | $7.4M | $5.2M | $1.7M | — | View 990 |
| 2018 | $7.1M | $6.6M | $5.2M | $1.8M | — | View 990 |
| 2017 | $5.7M | $5.5M | $4.8M | $1.8M | — | View 990 |
| 2016 | $5.6M | $4.9M | $2.8M | $110K | — | View 990 |
| 2015 | $4.5M | $4.1M | $2.2M | $104K | — | View 990 |
| 2014 | $3.5M | $3.4M | $1.7M | $43K | — | View 990 |
| 2013 | $3.4M | $3.2M | $1.6M | $46K | — | View 990 |
| 2012 | $3.3M | $3.0M | $1.4M | $44K | — | View 990 |
| 2011 | $3.2M | $2.9M | $1.2M | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $9.0M, and assets of $7.3M (revenue +11.8% year-over-year).
- 2022: Revenue of $8.1M, expenses of $8.3M, and assets of $7.1M (revenue -18.2% year-over-year).
- 2021: Revenue of $9.9M, expenses of $7.1M, and assets of $7.4M (revenue +42.7% year-over-year).
- 2020: Revenue of $6.9M, expenses of $7.6M, and assets of $5.7M (revenue -6.8% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.4M, and assets of $5.2M (revenue +4.6% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.6M, and assets of $5.2M (revenue +25.7% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.5M, and assets of $4.8M (revenue +0.7% year-over-year).
- 2016: Revenue of $5.6M, expenses of $4.9M, and assets of $2.8M (revenue +25.4% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.1M, and assets of $2.2M (revenue +26.5% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.4M, and assets of $1.7M (revenue +4.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.2M, and assets of $1.6M (revenue +2.5% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.0M, and assets of $1.4M (revenue +2.3% year-over-year).
- 2011: Revenue of $3.2M, expenses of $2.9M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monarch School Of New England:
Data Sources and Methodology
This transparency report for Monarch School Of New England 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.