Monitor Inc
Monitor Inc. maintains substantial assets with zero liabilities, but experiences fluctuating revenues and occasional deficit spending.
EIN: 161727562 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $130K |
| Program Spending | 70% |
| Net Assets | $1.8M |
| Transparency Score | 75/100 |
Is Monitor Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monitor Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Monitor Inc
Monitor Inc (EIN: 161727562) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $414K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monitor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monitor Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $130K |
| Surplus / Deficit | $-48,326 |
| Total Assets | $1.8M |
| Net Assets | $1.8M |
| Operating Margin | -58.9% |
| Months of Reserves | 168.3 months |
Financial Health Grade: B
In 2023, Monitor Inc reported a deficit of $48K with expenses exceeding revenue, holds 168.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Monitor Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | +42.8% | +7.1% |
| 2022 | -55.7% | +20.9% | -18.8% |
| 2021 | +45.7% | +31.2% | +8.3% |
| 2020 | +137.2% | -49.2% | +12.0% |
| 2019 | -50.2% | +23.5% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Monitor Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Monitor Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
Executive Compensation Analysis
Monitor Inc. consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led organization or that executive compensation is categorized differently, which enhances transparency regarding direct officer pay.
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 Monitor Inc's IRS 990 filings:
- Inconsistent revenue generation year-over-year
- Frequent deficit spending (e.g., 2023: expenses $130,312 vs. revenue $81,986; 2019: expenses $113,157 vs. revenue $56,272)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Monitor Inc:
- Strong asset base (e.g., $1,901,564 latest assets)
- Zero reported liabilities across all filings, indicating no debt
- Consistent IRS 990 filing history (13 filings), demonstrating compliance and transparency
- 0% reported officer compensation, suggesting efficient use of funds or volunteer leadership
Frequently Asked Questions about Monitor Inc
Is Monitor Inc a legitimate charity?
Monitor Inc (EIN: 161727562) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $414K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Monitor Inc spend its money?
Monitor Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Monitor Inc tax-deductible?
Monitor Inc is registered as a tax-exempt nonprofit (EIN: 161727562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Monitor Inc's spending goes to programs?
Monitor Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Monitor Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Monitor Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Monitor Inc located?
Monitor Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 161727562. It is classified under NTEE code S41.
How many years of IRS 990 filings does Monitor Inc have?
Monitor Inc 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 $414K in total revenue.
Is Monitor Inc. financially stable?
Yes, Monitor Inc. appears financially stable, consistently holding over $1.5 million in assets and reporting $0 in liabilities across all filings, indicating a strong balance sheet despite fluctuating annual revenues and occasional deficit spending.
How does Monitor Inc. fund its operations?
Monitor Inc. funds its operations primarily through revenue, which has varied significantly year-to-year (e.g., $56,272 in 2019 to $281,341 in 2017). In years where expenses exceed revenue, it likely draws from its substantial asset base to cover costs.
What is Monitor Inc.'s approach to executive compensation?
Monitor Inc. reports 0% officer compensation in all available filings, indicating that its top leadership either serves on a volunteer basis or their compensation is not classified as 'officer compensation' on the 990s.
Filing History
IRS 990 filing history for Monitor Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monitor Inc's revenue has grown by 95.6%, moving from $42K to $82K. Total assets increased by 38.5% over the same period, from $1.3M to $1.8M. Total functional expenses rose by 526.4%, from $21K to $130K. In its most recent filing year (2023), Monitor Inc reported a deficit of $48K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $130K | $1.8M | $0 | — | View 990 |
| 2022 | $86K | $91K | $1.7M | $0 | — | — |
| 2021 | $195K | $75K | $2.1M | $0 | — | View 990 |
| 2020 | $133K | $58K | $1.9M | $0 | — | — |
| 2019 | $56K | $113K | $1.7M | $0 | — | View 990 |
| 2018 | $113K | $92K | $1.6M | $0 | — | View 990 |
| 2017 | $281K | $85K | $1.7M | $0 | — | View 990 |
| 2016 | $79K | $103K | $1.6M | $0 | — | View 990 |
| 2015 | $86K | $59K | $1.6M | $0 | — | View 990 |
| 2014 | $64K | $48K | $1.6M | $0 | — | View 990 |
| 2013 | $76K | $22K | $1.6M | $0 | — | View 990 |
| 2012 | $63K | $23K | $1.4M | $0 | — | View 990 |
| 2011 | $42K | $21K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $130K, and assets of $1.8M (revenue -4.8% year-over-year).
- 2022: Revenue of $86K, expenses of $91K, and assets of $1.7M (revenue -55.7% year-over-year).
- 2021: Revenue of $195K, expenses of $75K, and assets of $2.1M (revenue +45.7% year-over-year).
- 2020: Revenue of $133K, expenses of $58K, and assets of $1.9M (revenue +137.2% year-over-year).
- 2019: Revenue of $56K, expenses of $113K, and assets of $1.7M (revenue -50.2% year-over-year).
- 2018: Revenue of $113K, expenses of $92K, and assets of $1.6M (revenue -59.9% year-over-year).
- 2017: Revenue of $281K, expenses of $85K, and assets of $1.7M (revenue +254.5% year-over-year).
- 2016: Revenue of $79K, expenses of $103K, and assets of $1.6M (revenue -7.7% year-over-year).
- 2015: Revenue of $86K, expenses of $59K, and assets of $1.6M (revenue +34.8% year-over-year).
- 2014: Revenue of $64K, expenses of $48K, and assets of $1.6M (revenue -16.0% year-over-year).
- 2013: Revenue of $76K, expenses of $22K, and assets of $1.6M (revenue +21.3% year-over-year).
- 2012: Revenue of $63K, expenses of $23K, and assets of $1.4M (revenue +49.3% year-over-year).
- 2011: Revenue of $42K, expenses of $21K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monitor Inc:
Data Sources and Methodology
This transparency report for Monitor Inc 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.