Monroe Public Schools Foundation
Monroe Public Schools Foundation consistently directs funds to programs with volunteer leadership.
EIN: 203949954 · Monroe, WA · NTEE: B82 · Updated: 2026-03-28
Is Monroe Public Schools Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Monroe Public Schools Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Monroe Public Schools Foundation
Monroe Public Schools Foundation (EIN: 203949954) is a nonprofit organization based in Monroe, WA, classified under NTEE code B82. The organization reported total revenue of $246K and total assets of $161K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Public Schools Foundation'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 Monroe Public Schools Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Monroe Public Schools Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all 14 filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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.
Strengths
The following positive indicators were identified for Monroe Public Schools Foundation:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership.
- Strong program spending ratio, maximizing impact for its mission.
- Stable asset base, providing financial resilience despite revenue/expense fluctuations.
- Clear alignment between NTEE code (Education Foundations) and organizational name/mission.
- Consistent filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Monroe Public Schools Foundation
Is Monroe Public Schools Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Monroe Public Schools Foundation (EIN: 203949954) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Monroe Public Schools Foundation spend its money?
Monroe Public Schools Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Monroe Public Schools Foundation tax-deductible?
Monroe Public Schools Foundation is registered as a tax-exempt nonprofit (EIN: 203949954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Monroe Public Schools Foundation a good charity?
Based on the available IRS 990 data, the Monroe Public Schools Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating volunteer leadership, and directs a high percentage of its spending towards programs.
How does the foundation manage years where expenses exceed revenue?
In years where expenses exceeded revenue (e.g., 2024, 2022), the foundation likely drew from its accumulated assets. For instance, in 2022, assets decreased from $199,934 to $139,578, which could cover the $56,761 deficit.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated but generally remained robust, ranging from a low of $139,578 in 2022 to a high of $245,209 in 2019, indicating a healthy financial cushion.
Filing History
IRS 990 filing history for Monroe Public Schools Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Monroe Public Schools Foundation's revenue has grown by 103.9%, moving from $118K to $241K. Total assets increased by 75.1% over the same period, from $92K to $161K. Total functional expenses rose by 204%, from $86K to $263K. In its most recent filing year (2024), Monroe Public Schools Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1K in liabilities against $161K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $241K | $263K | $161K | $1K | — | — |
| 2023 | $357K | $313K | $184K | $2K | — | View 990 |
| 2022 | $289K | $345K | $140K | $2K | — | View 990 |
| 2021 | $251K | $238K | $200K | $5K | — | View 990 |
| 2020 | $273K | $337K | $186K | $5K | — | View 990 |
| 2019 | $302K | $269K | $245K | $74 | — | View 990 |
| 2018 | $290K | $262K | $212K | $425 | — | View 990 |
| 2017 | $264K | $266K | $184K | $39 | — | View 990 |
| 2016 | $225K | $186K | $186K | $68 | — | View 990 |
| 2015 | $171K | $136K | $147K | $0 | — | View 990 |
| 2014 | $141K | $130K | $112K | $0 | — | View 990 |
| 2013 | $130K | $134K | $101K | $0 | — | View 990 |
| 2012 | $117K | $103K | $106K | $0 | — | View 990 |
| 2011 | $118K | $86K | $92K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $241K, expenses of $263K, and assets of $161K (revenue -32.4% year-over-year).
- 2023: Revenue of $357K, expenses of $313K, and assets of $184K (revenue +23.6% year-over-year).
- 2022: Revenue of $289K, expenses of $345K, and assets of $140K (revenue +14.8% year-over-year).
- 2021: Revenue of $251K, expenses of $238K, and assets of $200K (revenue -7.9% year-over-year).
- 2020: Revenue of $273K, expenses of $337K, and assets of $186K (revenue -9.7% year-over-year).
- 2019: Revenue of $302K, expenses of $269K, and assets of $245K (revenue +4.2% year-over-year).
- 2018: Revenue of $290K, expenses of $262K, and assets of $212K (revenue +9.8% year-over-year).
- 2017: Revenue of $264K, expenses of $266K, and assets of $184K (revenue +17.5% year-over-year).
- 2016: Revenue of $225K, expenses of $186K, and assets of $186K (revenue +31.2% year-over-year).
- 2015: Revenue of $171K, expenses of $136K, and assets of $147K (revenue +21.7% year-over-year).
- 2014: Revenue of $141K, expenses of $130K, and assets of $112K (revenue +8.5% year-over-year).
- 2013: Revenue of $130K, expenses of $134K, and assets of $101K (revenue +11.1% year-over-year).
- 2012: Revenue of $117K, expenses of $103K, and assets of $106K (revenue -1.4% year-over-year).
- 2011: Revenue of $118K, expenses of $86K, and assets of $92K.
Data Sources and Methodology
This transparency report for Monroe Public Schools Foundation 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.