Monmouth Medical Center Southern Campus Foundation Inc
Monmouth Medical Center Southern Campus Foundation: Strong Program Spending, Declining Revenue
EIN: 222630076 · Oceanport, NJ · NTEE: E22I · Updated: 2026-04-04
Is Monmouth Medical Center Southern Campus Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monmouth Medical Center Southern Campus Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monmouth Medical Center Southern Campus Foundation Inc
Monmouth Medical Center Southern Campus Foundation Inc (EIN: 222630076) is a nonprofit organization based in Oceanport, NJ, classified under NTEE code E22I. The organization reported total revenue of $1.4M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monmouth Medical Center Southern Campus Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Monmouth Medical Center Southern Campus Foundation Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Monmouth Medical Center Southern Campus Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting that executive salaries are covered by the parent Monmouth Medical Center Southern Campus, making it impossible to assess the foundation's specific executive compensation practices.
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 Monmouth Medical Center Southern Campus Foundation Inc's IRS 990 filings:
- Declining revenue trend from $1,963,838 in 2022 to $1,686,956 in 2023, a decrease of approximately 14%.
- Consistent reporting of 0% compensation, which, while efficient for the foundation, shifts the transparency burden for executive salaries to the parent organization.
Strengths
The following positive indicators were identified for Monmouth Medical Center Southern Campus Foundation Inc:
- High percentage of spending allocated to programs (90%), indicating a strong focus on its mission.
- Healthy asset base, with $5,854,556 in 2023, providing financial stability.
- Low administrative and fundraising costs (5% each), demonstrating efficient operations.
- Consistent financial reporting over several years, enhancing transparency.
Frequently Asked Questions about Monmouth Medical Center Southern Campus Foundation Inc
Is Monmouth Medical Center Southern Campus Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth Medical Center Southern Campus Foundation Inc (EIN: 222630076) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Monmouth Medical Center Southern Campus Foundation Inc spend its money?
Monmouth Medical Center Southern Campus Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monmouth Medical Center Southern Campus Foundation Inc tax-deductible?
Monmouth Medical Center Southern Campus Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222630076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Monmouth Medical Center Southern Campus Foundation Inc do?
Monmouth Medical Center Southern Campus Foundation Inc is a nonprofit organization in the Health Care sector, located in Oceanport, New Jersey. It is classified under NTEE code E22I.
How much revenue does Monmouth Medical Center Southern Campus Foundation Inc have?
Monmouth Medical Center Southern Campus Foundation Inc reported total revenue of $1,440,427. Based on 13 IRS 990 filings on record.
What are Monmouth Medical Center Southern Campus Foundation Inc's total assets?
Monmouth Medical Center Southern Campus Foundation Inc holds total assets of $6,159,845 as reported in IRS 990 filings.
Where is Monmouth Medical Center Southern Campus Foundation Inc located?
Monmouth Medical Center Southern Campus Foundation Inc is based in Oceanport, New Jersey.
What is Monmouth Medical Center Southern Campus Foundation Inc's EIN?
Monmouth Medical Center Southern Campus Foundation Inc's Employer Identification Number (EIN) is 222630076. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Monmouth Medical Center Southern Campus Foundation Inc?
Monmouth Medical Center Southern Campus Foundation Inc is classified under NTEE code E22I (Health Care).
Is Monmouth Medical Center Southern Campus Foundation Inc a registered 501(c)(3)?
Yes, Monmouth Medical Center Southern Campus Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222630076.
Does Monmouth Medical Center Southern Campus Foundation Inc file IRS Form 990?
Yes, Monmouth Medical Center Southern Campus Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Monmouth Medical Center Southern Campus Foundation Inc's revenue in 2023?
In the 202312 filing period, Monmouth Medical Center Southern Campus Foundation Inc reported total revenue of $1,686,956, total expenses of $4,156,806, and net assets of $5,854,556.
Is Monmouth Medical Center Southern Campus Foundation Inc's revenue growing or declining?
Monmouth Medical Center Southern Campus Foundation Inc's revenue is declining. Revenue went from $1,963,838 (202212) to $1,686,956 (202312), a -14.1% change. Based on 13 filings on record.
What is Monmouth Medical Center Southern Campus Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Monmouth Medical Center Southern Campus Foundation Inc covers tax period 202312. It shows revenue of $1,686,956, expenses of $4,156,806, total assets of $5,854,556, and liabilities of $338,556.
How much does Monmouth Medical Center Southern Campus Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Monmouth Medical Center Southern Campus Foundation Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Monmouth Medical Center Southern Campus Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Monmouth Medical Center Southern Campus Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Monmouth Medical Center Southern Campus Foundation Inc?
The following concerns were identified: Declining revenue trend from $1,963,838 in 2022 to $1,686,956 in 2023, a decrease of approximately 14%.. Consistent reporting of 0% compensation, which, while efficient for the foundation, shifts the transparency burden for executive salaries to the parent organization.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Monmouth Medical Center Southern Campus Foundation Inc's strengths?
Positive indicators for Monmouth Medical Center Southern Campus Foundation Inc include: High percentage of spending allocated to programs (90%), indicating a strong focus on its mission.. Healthy asset base, with $5,854,556 in 2023, providing financial stability.. Low administrative and fundraising costs (5% each), demonstrating efficient operations.. Consistent financial reporting over several years, enhancing transparency.. These findings are derived from AI analysis of the organization's financial filings.
How does Monmouth Medical Center Southern Campus Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting that executive salaries are covered by the parent Monmouth Medical Center Southern Campus, making it impossible to assess the foundation's specific executive compensation practices. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Monmouth Medical Center Southern Campus Foundation Inc?
• The foundation consistently reports 0% compensation, indicating all staff are likely employed by the main hospital or a related entity, which can obscure true administrative costs. • Financial filings are readily available, providing a clear historical view of revenue and expenses. • The organization's legal structure as a foundation for a larger medical center implies a focus on fundraising for specific hospital initiatives. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 0% compensation reported by the foundation, how does the parent Monmouth Medical Center Southern Campus ensure transparency regarding the compensation of individuals who effectively manage the foundation's operations?
While the foundation itself reports no compensation, the parent hospital would typically disclose the salaries of its executives and key personnel, including those who oversee the foundation, in its own financial filings (e.g., IRS Form 990 for the hospital). Donors interested in full compensation transparency would need to review the parent organization's filings.
What specific strategies are being implemented to address the recent decline in revenue, and how will these impact the foundation's ability to support the medical center's programs in the coming years?
The provided data does not detail specific strategies. However, a sustained decline could necessitate new fundraising initiatives, donor engagement campaigns, or a re-evaluation of program funding priorities to maintain the foundation's impact on the medical center's services.
Filing History
IRS 990 filing history for Monmouth Medical Center Southern Campus Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monmouth Medical Center Southern Campus Foundation Inc's revenue has declined by 16%, moving from $2.0M to $1.7M. Total assets decreased by 9.6% over the same period, from $6.5M to $5.9M. Total functional expenses rose by 142.4%, from $1.7M to $4.2M. In its most recent filing year (2023), Monmouth Medical Center Southern Campus Foundation Inc reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $339K in liabilities against $5.9M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $5.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $4.2M | $5.9M | $339K | — | — |
| 2022 | $2.0M | $1.2M | $8.4M | $483K | — | View 990 |
| 2021 | $1.9M | $1.3M | $8.0M | $648K | — | View 990 |
| 2020 | $1.7M | $3.0M | $7.1M | $385K | — | View 990 |
| 2019 | $1.8M | $2.1M | $8.4M | $373K | — | View 990 |
| 2018 | $1.3M | $975K | $8.4M | $97K | — | View 990 |
| 2017 | $1.2M | $1.0M | $8.1M | $100K | — | View 990 |
| 2016 | $1.3M | $1.0M | $7.9M | $90K | — | View 990 |
| 2015 | $2.4M | $1.4M | $7.6M | $108K | — | View 990 |
| 2014 | $1.6M | $1.3M | $6.6M | $69K | — | View 990 |
| 2013 | $1.8M | $1.7M | $6.4M | $59K | — | View 990 |
| 2012 | $1.8M | $1.3M | $6.4M | $176K | — | View 990 |
| 2011 | $2.0M | $1.7M | $6.5M | $748K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $4.2M, and assets of $5.9M (revenue -14.1% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.2M, and assets of $8.4M (revenue +1.5% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.3M, and assets of $8.0M (revenue +17.1% year-over-year).
- 2020: Revenue of $1.7M, expenses of $3.0M, and assets of $7.1M (revenue -7.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.1M, and assets of $8.4M (revenue +32.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $975K, and assets of $8.4M (revenue +11.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.0M, and assets of $8.1M (revenue -8.8% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.0M, and assets of $7.9M (revenue -44.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $1.4M, and assets of $7.6M (revenue +53.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.3M, and assets of $6.6M (revenue -12.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.7M, and assets of $6.4M (revenue -1.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.3M, and assets of $6.4M (revenue -11.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $6.5M.
Data Sources and Methodology
This transparency report for Monmouth Medical Center Southern Campus Foundation 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.