Monroe Place Corporation
EIN: 30346285 · S Burlington, VT · NTEE: L210
| Metric | Value |
|---|---|
| Total Revenue | $224K |
| Total Expenses | $159K |
| Net Assets | $675K |
Is Monroe Place 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 Place Corporation
Monroe Place Corporation (EIN: 30346285) is a nonprofit organization based in S Burlington, VT, classified under NTEE code L210. The organization reported total revenue of $224K and total assets of $721K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Place Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe Place Corporation is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $159K |
| Surplus / Deficit | +$13K |
| Total Assets | $684K |
| Total Liabilities | $10K |
| Net Assets | $675K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 51.8 months |
Financial Health Grade: A
In 2023, Monroe Place Corporation reported a surplus of $13K with revenue exceeding expenses, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Monroe Place Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.6% | +0.5% | +1.8% |
| 2022 | +2.6% | -9.2% | -2.7% |
| 2021 | +5.6% | +11.6% | +0.6% |
| 2020 | -2.5% | +6.8% | -2.9% |
| 2019 | +25.2% | -4.1% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe Place 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 Place 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Monroe Place Corporation
Is Monroe Place Corporation a legitimate charity?
Monroe Place Corporation (EIN: 30346285) is a registered tax-exempt nonprofit based in Vermont. It has 13 years of IRS 990 filings on record. Total revenue: $224K. No red flags identified. Financial health grade: A.
How does Monroe Place Corporation spend its money?
Monroe Place Corporation reported $224K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monroe Place Corporation tax-deductible?
Monroe Place Corporation is registered as a tax-exempt nonprofit (EIN: 30346285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe Place Corporation located?
Monroe Place Corporation is headquartered in S Burlington, Vermont and files with the IRS under EIN 30346285. It is classified under NTEE code L210.
How many years of IRS 990 filings does Monroe Place Corporation have?
Monroe Place Corporation 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 $224K in total revenue.
Filing History
IRS 990 filing history for Monroe Place Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Monroe Place Corporation's revenue has grown by 75%, moving from $98K to $172K. Total assets decreased by 27.3% over the same period, from $942K to $684K. Total functional expenses rose by 31.8%, from $120K to $159K. In its most recent filing year (2023), Monroe Place Corporation reported a surplus of $13K, with revenue exceeding expenses. The organization holds $10K in liabilities against $684K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $675K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $159K | $684K | $10K | — | View 990 |
| 2022 | $158K | $158K | $672K | $11K | — | View 990 |
| 2021 | $154K | $174K | $690K | $30K | — | View 990 |
| 2020 | $146K | $156K | $687K | $7K | — | View 990 |
| 2019 | $150K | $146K | $707K | $18K | — | View 990 |
| 2018 | $120K | $152K | $694K | $9K | — | View 990 |
| 2017 | $116K | $193K | $727K | $10K | — | View 990 |
| 2016 | $113K | $132K | $808K | $13K | — | View 990 |
| 2015 | $96K | $130K | $828K | $15K | — | View 990 |
| 2014 | $97K | $128K | $856K | $8K | — | View 990 |
| 2013 | $96K | $128K | $889K | $11K | — | View 990 |
| 2012 | $99K | $125K | $921K | $11K | — | View 990 |
| 2011 | $98K | $120K | $942K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $159K, and assets of $684K (revenue +8.6% year-over-year).
- 2022: Revenue of $158K, expenses of $158K, and assets of $672K (revenue +2.6% year-over-year).
- 2021: Revenue of $154K, expenses of $174K, and assets of $690K (revenue +5.6% year-over-year).
- 2020: Revenue of $146K, expenses of $156K, and assets of $687K (revenue -2.5% year-over-year).
- 2019: Revenue of $150K, expenses of $146K, and assets of $707K (revenue +25.2% year-over-year).
- 2018: Revenue of $120K, expenses of $152K, and assets of $694K (revenue +3.1% year-over-year).
- 2017: Revenue of $116K, expenses of $193K, and assets of $727K (revenue +3.1% year-over-year).
- 2016: Revenue of $113K, expenses of $132K, and assets of $808K (revenue +17.9% year-over-year).
- 2015: Revenue of $96K, expenses of $130K, and assets of $828K (revenue -1.8% year-over-year).
- 2014: Revenue of $97K, expenses of $128K, and assets of $856K (revenue +1.1% year-over-year).
- 2013: Revenue of $96K, expenses of $128K, and assets of $889K (revenue -2.8% year-over-year).
- 2012: Revenue of $99K, expenses of $125K, and assets of $921K (revenue +0.8% year-over-year).
- 2011: Revenue of $98K, expenses of $120K, and assets of $942K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe Place Corporation:
Data Sources and Methodology
This transparency report for Monroe Place 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.