Monroe School Inc
EIN: 571236354 · Washington, DC · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $867K |
| Net Assets | $-506,660 |
Is Monroe School Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monroe School Inc
Monroe School Inc (EIN: 571236354) is a nonprofit organization based in Washington, DC, classified under NTEE code B25. The organization reported total revenue of $504K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe School Inc is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $867K |
| Surplus / Deficit | $-362,993 |
| Total Assets | $5K |
| Total Liabilities | $512K |
| Net Assets | $-506,660 |
| Operating Margin | -72.0% |
| Debt-to-Asset Ratio | 9588.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2022, Monroe School Inc reported a deficit of $363K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 9588.0% (high leverage).
Financial Trends
Over 9 years of filings (2014–2022), Monroe School Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -18.0% | -21.1% | -51.6% |
| 2021 | -62.6% | +8.3% | — |
| 2020 | -19.8% | -49.5% | — |
| 2019 | +1.0% | -9.8% | — |
| 2018 | +44.3% | +60.8% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe School Inc 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 School Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $363K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9588.0%.
Frequently Asked Questions about Monroe School Inc
Is Monroe School Inc a legitimate charity?
Monroe School Inc (EIN: 571236354) is a registered tax-exempt nonprofit based in Washington DC. It has 9 years of IRS 990 filings on record. Total revenue: $504K. No red flags identified. Financial health grade: D.
How does Monroe School Inc spend its money?
Monroe School Inc reported $504K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monroe School Inc tax-deductible?
Monroe School Inc is registered as a tax-exempt nonprofit (EIN: 571236354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe School Inc located?
Monroe School Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 571236354. It is classified under NTEE code B25.
How many years of IRS 990 filings does Monroe School Inc have?
Monroe School Inc has 9 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 $504K in total revenue.
Filing History
IRS 990 filing history for Monroe School Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Monroe School Inc's revenue has grown by 74.2%, moving from $289K to $504K. Total functional expenses rose by 119.6%, from $395K to $867K. In its most recent filing year (2022), Monroe School Inc reported a deficit of $363K, with expenses exceeding revenue. The organization holds $512K in liabilities against $5K in assets (debt-to-asset ratio: 9588.0%), resulting in net assets of $-506,660.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $504K | $867K | $5K | $512K | — | View 990 |
| 2021 | $615K | $1.1M | $11K | $512K | — | View 990 |
| 2020 | $1.6M | $1.0M | $0 | $0 | — | — |
| 2019 | $2.1M | $2.0M | $0 | $0 | — | View 990 |
| 2018 | $2.0M | $2.2M | $0 | $0 | — | View 990 |
| 2017 | $1.4M | $1.4M | $0 | $0 | — | View 990 |
| 2016 | $539K | $740K | $0 | $0 | — | View 990 |
| 2015 | $316K | $337K | $0 | $0 | — | View 990 |
| 2014 | $289K | $395K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $504K, expenses of $867K, and assets of $5K (revenue -18.0% year-over-year).
- 2021: Revenue of $615K, expenses of $1.1M, and assets of $11K (revenue -62.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.0M, and assets of $0 (revenue -19.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $0 (revenue +1.0% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.2M, and assets of $0 (revenue +44.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $0 (revenue +161.4% year-over-year).
- 2016: Revenue of $539K, expenses of $740K, and assets of $0 (revenue +70.3% year-over-year).
- 2015: Revenue of $316K, expenses of $337K, and assets of $0 (revenue +9.3% year-over-year).
- 2014: Revenue of $289K, expenses of $395K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe School Inc:
Data Sources and Methodology
This transparency report for Monroe School 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.