Monmouth University Inc
Monmouth University Inc. shows consistent financial growth and healthy surpluses over the last decade.
EIN: 210634584 · W Long Branch, NJ · NTEE: B430 · Updated: 2026-03-28
Is Monmouth University Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monmouth University Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monmouth University Inc
Monmouth University Inc (EIN: 210634584) is a nonprofit organization based in W Long Branch, NJ, classified under NTEE code B430. The organization reported total revenue of $411.8M and total assets of $472.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monmouth University 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 University 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Monmouth University Inc 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.
Executive Compensation Analysis
The reported officer compensation across all available filings is 0%, which is highly unusual for an organization of this size and suggests that executive compensation may be reported under other expense categories or that the top officers are compensated through a related entity not reflected in this specific line item on the 990 form. This lack of direct reporting on officer compensation within the provided data makes it difficult to assess executive pay relative to the organization's scale.
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 University Inc's IRS 990 filings:
- Unusual 0% officer compensation reported, potentially obscuring executive pay details.
Strengths
The following positive indicators were identified for Monmouth University Inc:
- Consistent revenue growth over the past decade.
- Healthy financial surpluses in most reported periods.
- Significant and steady growth in total assets.
- Strong asset-to-liability ratio, indicating low financial risk.
Frequently Asked Questions about Monmouth University Inc
Is Monmouth University Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth University Inc (EIN: 210634584) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Monmouth University Inc spend its money?
Monmouth University Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monmouth University Inc tax-deductible?
Monmouth University Inc is registered as a tax-exempt nonprofit (EIN: 210634584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Monmouth University Inc. financially stable?
Yes, Monmouth University Inc. appears financially stable, consistently generating surpluses (e.g., $13,118,518 in 202306) and showing steady asset growth from $342 million in 2014 to $440 million in 2023.
How has Monmouth University Inc.'s revenue trended over time?
Monmouth University Inc.'s revenue has shown a consistent upward trend, increasing from $222,062,897 in 2014 to $274,830,004 in 2023, indicating sustained financial growth.
What is the organization's asset-to-liability ratio?
In the latest period (202306), Monmouth University Inc. had assets of $440,888,728 and liabilities of $47,500,778, resulting in a strong asset-to-liability ratio of approximately 9.28:1, indicating robust financial health.
Filing History
IRS 990 filing history for Monmouth University Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monmouth University Inc's revenue has grown by 39.6%, moving from $196.9M to $274.8M. Total assets increased by 57.1% over the same period, from $280.7M to $440.9M. Total functional expenses rose by 40.8%, from $185.9M to $261.7M. In its most recent filing year (2023), Monmouth University Inc reported a surplus of $13.1M, with revenue exceeding expenses. The organization holds $47.5M in liabilities against $440.9M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $393.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $274.8M | $261.7M | $440.9M | $47.5M | — | View 990 |
| 2022 | $269.0M | $267.4M | $429.7M | $56.1M | — | View 990 |
| 2021 | $255.7M | $256.1M | $433.3M | $46.0M | — | View 990 |
| 2020 | $261.8M | $260.1M | $405.6M | $43.1M | — | View 990 |
| 2019 | $267.9M | $259.6M | $412.4M | $49.7M | — | View 990 |
| 2018 | $263.7M | $248.1M | $405.1M | $52.9M | — | View 990 |
| 2017 | $248.4M | $237.5M | $395.3M | $62.4M | — | View 990 |
| 2016 | $243.3M | $224.1M | $368.2M | $54.7M | — | View 990 |
| 2015 | $227.9M | $214.7M | $352.8M | $55.8M | — | View 990 |
| 2014 | $222.1M | $201.0M | $342.1M | $60.0M | — | View 990 |
| 2013 | $208.6M | $198.4M | $309.3M | $55.6M | — | View 990 |
| 2012 | $203.2M | $191.1M | $289.1M | $49.5M | — | View 990 |
| 2011 | $196.9M | $185.9M | $280.7M | $48.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274.8M, expenses of $261.7M, and assets of $440.9M (revenue +2.2% year-over-year).
- 2022: Revenue of $269.0M, expenses of $267.4M, and assets of $429.7M (revenue +5.2% year-over-year).
- 2021: Revenue of $255.7M, expenses of $256.1M, and assets of $433.3M (revenue -2.3% year-over-year).
- 2020: Revenue of $261.8M, expenses of $260.1M, and assets of $405.6M (revenue -2.3% year-over-year).
- 2019: Revenue of $267.9M, expenses of $259.6M, and assets of $412.4M (revenue +1.6% year-over-year).
- 2018: Revenue of $263.7M, expenses of $248.1M, and assets of $405.1M (revenue +6.1% year-over-year).
- 2017: Revenue of $248.4M, expenses of $237.5M, and assets of $395.3M (revenue +2.1% year-over-year).
- 2016: Revenue of $243.3M, expenses of $224.1M, and assets of $368.2M (revenue +6.7% year-over-year).
- 2015: Revenue of $227.9M, expenses of $214.7M, and assets of $352.8M (revenue +2.6% year-over-year).
- 2014: Revenue of $222.1M, expenses of $201.0M, and assets of $342.1M (revenue +6.5% year-over-year).
- 2013: Revenue of $208.6M, expenses of $198.4M, and assets of $309.3M (revenue +2.6% year-over-year).
- 2012: Revenue of $203.2M, expenses of $191.1M, and assets of $289.1M (revenue +3.2% year-over-year).
- 2011: Revenue of $196.9M, expenses of $185.9M, and assets of $280.7M.
Data Sources and Methodology
This transparency report for Monmouth University 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.