Monroe Central School Building Corporation
EIN: 352073234 · Parker City, IN · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $478K |
| Net Assets | $1.3M |
Is Monroe Central School Building Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monroe Central School Building Corporation
Monroe Central School Building Corporation (EIN: 352073234) is a nonprofit organization based in Parker City, IN, classified under NTEE code X99. The organization reported total revenue of $1.1M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Central School Building Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe Central School Building Corporation is a mid-size nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $820K |
| Total Expenses | $478K |
| Surplus / Deficit | +$342K |
| Total Assets | $6.2M |
| Total Liabilities | $4.9M |
| Net Assets | $1.3M |
| Operating Margin | 41.7% |
| Debt-to-Asset Ratio | 78.4% |
| Months of Reserves | 155.9 months |
Financial Health Grade: A
In 2023, Monroe Central School Building Corporation reported a surplus of $342K with revenue exceeding expenses, holds 155.9 months of operating reserves (strong position), has a debt-to-asset ratio of 78.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Monroe Central School Building Corporation's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.6% | +9.5% | -3.2% |
| 2022 | +19.9% | -4.6% | -4.8% |
| 2021 | -34.3% | +60.5% | -5.8% |
| 2020 | +16.1% | -64.2% | -2.2% |
| 2019 | +163.0% | +314.1% | +116.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe Central School Building Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Monroe Central School Building Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $342K, with revenue exceeding expenses.
- Debt-to-asset ratio: 78.4%.
Frequently Asked Questions about Monroe Central School Building Corporation
Is Monroe Central School Building Corporation a legitimate charity?
Monroe Central School Building Corporation (EIN: 352073234) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Monroe Central School Building Corporation spend its money?
Monroe Central School Building Corporation reported $1.1M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monroe Central School Building Corporation tax-deductible?
Monroe Central School Building Corporation is registered as a tax-exempt nonprofit (EIN: 352073234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe Central School Building Corporation located?
Monroe Central School Building Corporation is headquartered in Parker City, Indiana and files with the IRS under EIN 352073234. It is classified under NTEE code X99.
How many years of IRS 990 filings does Monroe Central School Building Corporation have?
Monroe Central School Building Corporation has 14 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Monroe Central School Building Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Monroe Central School Building Corporation's revenue has grown by 529.9%, moving from $130K to $820K. Total assets increased by 243% over the same period, from $1.8M to $6.2M. Total functional expenses rose by 31777.1%, from $2K to $478K. In its most recent filing year (2023), Monroe Central School Building Corporation reported a surplus of $342K, with revenue exceeding expenses. The organization holds $4.9M in liabilities against $6.2M in assets (debt-to-asset ratio: 78.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $820K | $478K | $6.2M | $4.9M | — | — |
| 2022 | $583K | $437K | $6.4M | $5.4M | — | View 990 |
| 2021 | $486K | $458K | $6.7M | $5.9M | — | View 990 |
| 2020 | $741K | $285K | $7.2M | $6.3M | — | View 990 |
| 2019 | $638K | $797K | $7.3M | $6.9M | — | View 990 |
| 2018 | $243K | $193K | $3.4M | $2.9M | — | View 990 |
| 2017 | $211K | $191K | $3.5M | $3.0M | — | View 990 |
| 2016 | $221K | $186K | $3.5M | $3.1M | — | View 990 |
| 2015 | $212K | $171K | $3.6M | $3.2M | — | View 990 |
| 2014 | $274K | $172K | $3.7M | $3.3M | — | View 990 |
| 2013 | $478K | $229K | $3.7M | $3.4M | — | View 990 |
| 2012 | $74K | $101K | $1.8M | $1.8M | — | View 990 |
| 2011 | $113K | $53K | $1.9M | $1.8M | — | View 990 |
| 2010 | $130K | $2K | $1.8M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $820K, expenses of $478K, and assets of $6.2M (revenue +40.6% year-over-year).
- 2022: Revenue of $583K, expenses of $437K, and assets of $6.4M (revenue +19.9% year-over-year).
- 2021: Revenue of $486K, expenses of $458K, and assets of $6.7M (revenue -34.3% year-over-year).
- 2020: Revenue of $741K, expenses of $285K, and assets of $7.2M (revenue +16.1% year-over-year).
- 2019: Revenue of $638K, expenses of $797K, and assets of $7.3M (revenue +163.0% year-over-year).
- 2018: Revenue of $243K, expenses of $193K, and assets of $3.4M (revenue +15.1% year-over-year).
- 2017: Revenue of $211K, expenses of $191K, and assets of $3.5M (revenue -4.9% year-over-year).
- 2016: Revenue of $221K, expenses of $186K, and assets of $3.5M (revenue +4.5% year-over-year).
- 2015: Revenue of $212K, expenses of $171K, and assets of $3.6M (revenue -22.6% year-over-year).
- 2014: Revenue of $274K, expenses of $172K, and assets of $3.7M (revenue -42.7% year-over-year).
- 2013: Revenue of $478K, expenses of $229K, and assets of $3.7M (revenue +545.9% year-over-year).
- 2012: Revenue of $74K, expenses of $101K, and assets of $1.8M (revenue -34.8% year-over-year).
- 2011: Revenue of $113K, expenses of $53K, and assets of $1.9M (revenue -12.9% year-over-year).
- 2010: Revenue of $130K, expenses of $2K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe Central School Building Corporation:
Data Sources and Methodology
This transparency report for Monroe Central School Building Corporation 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.