Monroe Community College Assn Inc
Monroe Community College Assn Inc maintains stable assets despite recent minor operating deficit and consistent revenue decline over the past decade.
EIN: 160863558 · Rochester, NY · NTEE: B41I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.2M |
| Total Expenses | $9.6M |
| Program Spending | 85% |
| Net Assets | $16.9M |
| Transparency Score | 85/100 |
Is Monroe Community College Assn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monroe Community College Assn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monroe Community College Assn Inc
Monroe Community College Assn Inc (EIN: 160863558) is a nonprofit organization based in Rochester, NY, classified under NTEE code B41I. The organization reported total revenue of $18.2M and total assets of $46.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Community College Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe Community College Assn Inc is a large nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.1M |
| Total Expenses | $9.6M |
| Surplus / Deficit | $-523,269 |
| Total Assets | $45.6M |
| Total Liabilities | $28.7M |
| Net Assets | $16.9M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 62.9% |
| Months of Reserves | 57.0 months |
Financial Health Grade: C
In 2023, Monroe Community College Assn Inc reported a deficit of $523K with expenses exceeding revenue, holds 57.0 months of operating reserves (strong position), has a debt-to-asset ratio of 62.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monroe Community College Assn Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | +4.3% | -0.2% |
| 2022 | -4.8% | +3.7% | -7.5% |
| 2021 | -12.6% | -16.2% | +2.1% |
| 2020 | -7.0% | -5.7% | -0.9% |
| 2019 | -1.9% | +2.0% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1963 |
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 Monroe Community College Assn 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, Monroe Community College Assn 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $523K, with expenses exceeding revenue.
- Debt-to-asset ratio: 62.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive compensation is either not paid directly by this entity or is handled in a manner that does not appear in this specific section of the 990, indicating a high level of transparency regarding this specific metric.
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 Monroe Community College Assn Inc's IRS 990 filings:
- Consistent decline in revenue over the past decade, from $13.3M in 2014 to $9.0M in 2023.
- Operating deficit in the most recent filing (202306), with expenses exceeding revenue by over $500,000.
Strengths
The following positive indicators were identified for Monroe Community College Assn Inc:
- Strong asset base, consistently above $45 million, providing financial stability.
- Consistent reporting of 0% officer compensation, indicating transparency in this area.
- Relatively stable expense management, generally tracking revenue despite declines.
Frequently Asked Questions about Monroe Community College Assn Inc
Is Monroe Community College Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monroe Community College Assn Inc (EIN: 160863558) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Monroe Community College Assn Inc spend its money?
Monroe Community College Assn Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monroe Community College Assn Inc tax-deductible?
Monroe Community College Assn Inc is registered as a tax-exempt nonprofit (EIN: 160863558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Monroe Community College Assn Inc's spending goes to programs?
Monroe Community College Assn Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Monroe Community College Assn Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Monroe Community College Assn Inc is above average for NTEE category B41I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Monroe Community College Assn Inc located?
Monroe Community College Assn Inc is headquartered in Rochester, New York and files with the IRS under EIN 160863558. It is classified under NTEE code B41I.
How many years of IRS 990 filings does Monroe Community College Assn Inc have?
Monroe Community College Assn 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 $18.2M in total revenue.
Is Monroe Community College Assn Inc financially stable?
Yes, despite a recent minor operating deficit in 2023, the organization maintains substantial assets of $45,568,731, indicating a strong financial foundation.
What is the trend in the organization's revenue?
The organization has seen a general decline in revenue over the past decade, from $13,386,898 in 2014 to $9,069,367 in 2023.
How does the organization manage executive compensation?
All available filings consistently report 0% officer compensation, suggesting that executive compensation is either not paid by this specific entity or is reported differently.
Filing History
IRS 990 filing history for Monroe Community College Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monroe Community College Assn Inc's revenue has declined by 31.8%, moving from $13.3M to $9.1M. Total assets decreased by 7.1% over the same period, from $49.1M to $45.6M. Total functional expenses fell by 17.1%, from $11.6M to $9.6M. In its most recent filing year (2023), Monroe Community College Assn Inc reported a deficit of $523K, with expenses exceeding revenue. The organization holds $28.7M in liabilities against $45.6M in assets (debt-to-asset ratio: 62.9%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.1M | $9.6M | $45.6M | $28.7M | — | View 990 |
| 2022 | $9.3M | $9.2M | $45.7M | $30.0M | — | View 990 |
| 2021 | $9.7M | $8.9M | $49.4M | $32.8M | — | View 990 |
| 2020 | $11.1M | $10.6M | $48.4M | $33.4M | — | View 990 |
| 2019 | $12.0M | $11.2M | $48.8M | $34.3M | — | View 990 |
| 2018 | $12.2M | $11.0M | $49.1M | $35.9M | — | View 990 |
| 2017 | $12.9M | $12.3M | $48.3M | $36.3M | — | View 990 |
| 2016 | $12.8M | $12.9M | $50.9M | $40.5M | — | View 990 |
| 2015 | $13.3M | $14.8M | $51.4M | $40.4M | — | View 990 |
| 2014 | $13.4M | $13.6M | $52.4M | $39.7M | — | View 990 |
| 2013 | $13.4M | $12.2M | $50.1M | $38.3M | — | View 990 |
| 2012 | $12.6M | $12.1M | $49.3M | $39.6M | — | View 990 |
| 2011 | $13.3M | $11.6M | $49.1M | $39.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.1M, expenses of $9.6M, and assets of $45.6M (revenue -2.1% year-over-year).
- 2022: Revenue of $9.3M, expenses of $9.2M, and assets of $45.7M (revenue -4.8% year-over-year).
- 2021: Revenue of $9.7M, expenses of $8.9M, and assets of $49.4M (revenue -12.6% year-over-year).
- 2020: Revenue of $11.1M, expenses of $10.6M, and assets of $48.4M (revenue -7.0% year-over-year).
- 2019: Revenue of $12.0M, expenses of $11.2M, and assets of $48.8M (revenue -1.9% year-over-year).
- 2018: Revenue of $12.2M, expenses of $11.0M, and assets of $49.1M (revenue -5.1% year-over-year).
- 2017: Revenue of $12.9M, expenses of $12.3M, and assets of $48.3M (revenue +0.4% year-over-year).
- 2016: Revenue of $12.8M, expenses of $12.9M, and assets of $50.9M (revenue -3.9% year-over-year).
- 2015: Revenue of $13.3M, expenses of $14.8M, and assets of $51.4M (revenue -0.4% year-over-year).
- 2014: Revenue of $13.4M, expenses of $13.6M, and assets of $52.4M (revenue +0.1% year-over-year).
- 2013: Revenue of $13.4M, expenses of $12.2M, and assets of $50.1M (revenue +6.4% year-over-year).
- 2012: Revenue of $12.6M, expenses of $12.1M, and assets of $49.3M (revenue -5.4% year-over-year).
- 2011: Revenue of $13.3M, expenses of $11.6M, and assets of $49.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe Community College Assn Inc:
Data Sources and Methodology
This transparency report for Monroe Community College Assn 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.