Monrovia Festival & Civic Association Inc
EIN: 311248874 · Monrovia, IN · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $39K |
| Net Assets | $81K |
Is Monrovia Festival & Civic Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monrovia Festival & Civic Association Inc
Monrovia Festival & Civic Association Inc (EIN: 311248874) is a nonprofit organization based in Monrovia, IN, classified under NTEE code S80. The organization reported total revenue of $112K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monrovia Festival & Civic Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monrovia Festival & Civic Association Inc is a small nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $39K |
| Surplus / Deficit | $-8,313 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -27.0% |
| Months of Reserves | 24.7 months |
Financial Health Grade: B
In 2021, Monrovia Festival & Civic Association Inc reported a deficit of $8K with expenses exceeding revenue, holds 24.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2021), Monrovia Festival & Civic Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +40.7% | +69.5% | -9.1% |
| 2020 | -24.9% | -0.7% | -48.7% |
| 2018 | +6.7% | +12.0% | +3.5% |
| 2017 | -4.8% | -14.3% | +4.1% |
| 2016 | -23.6% | +26.8% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monrovia Festival & Civic Association 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 Monrovia Festival & Civic Association 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Monrovia Festival & Civic Association Inc
Is Monrovia Festival & Civic Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Monrovia Festival & Civic Association Inc (EIN: 311248874) insufficient data. 0 red flags identified, 0 strengths noted.
How does Monrovia Festival & Civic Association Inc spend its money?
Detailed spending breakdown data is not yet available for Monrovia Festival & Civic Association Inc. Check back for updated IRS 990 analysis.
Are donations to Monrovia Festival & Civic Association Inc tax-deductible?
Monrovia Festival & Civic Association Inc is registered as a tax-exempt nonprofit (EIN: 311248874). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monrovia Festival & Civic Association Inc located?
Monrovia Festival & Civic Association Inc is headquartered in Monrovia, Indiana and files with the IRS under EIN 311248874. It is classified under NTEE code S80.
How many years of IRS 990 filings does Monrovia Festival & Civic Association Inc have?
Monrovia Festival & Civic Association Inc has 10 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 $112K in total revenue.
Filing History
IRS 990 filing history for Monrovia Festival & Civic Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Monrovia Festival & Civic Association Inc's revenue has grown by 8.1%, moving from $29K to $31K. Total assets decreased by 19% over the same period, from $100K to $81K. Total functional expenses rose by 10.6%, from $35K to $39K. In its most recent filing year (2021), Monrovia Festival & Civic Association Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $31K | $39K | $81K | $0 | — | — |
| 2020 | $22K | $23K | $89K | $0 | — | — |
| 2018 | $29K | $23K | $173K | $0 | — | View 990 |
| 2017 | $27K | $21K | $167K | $0 | — | View 990 |
| 2016 | $29K | $24K | $161K | $0 | — | View 990 |
| 2015 | $38K | $19K | $189K | $33K | — | View 990 |
| 2014 | $34K | $19K | $138K | $0 | — | View 990 |
| 2013 | $33K | $17K | $122K | $0 | — | View 990 |
| 2012 | $30K | $23K | $106K | $0 | — | View 990 |
| 2011 | $29K | $35K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $31K, expenses of $39K, and assets of $81K (revenue +40.7% year-over-year).
- 2020: Revenue of $22K, expenses of $23K, and assets of $89K (revenue -24.9% year-over-year).
- 2018: Revenue of $29K, expenses of $23K, and assets of $173K (revenue +6.7% year-over-year).
- 2017: Revenue of $27K, expenses of $21K, and assets of $167K (revenue -4.8% year-over-year).
- 2016: Revenue of $29K, expenses of $24K, and assets of $161K (revenue -23.6% year-over-year).
- 2015: Revenue of $38K, expenses of $19K, and assets of $189K (revenue +8.9% year-over-year).
- 2014: Revenue of $34K, expenses of $19K, and assets of $138K (revenue +4.3% year-over-year).
- 2013: Revenue of $33K, expenses of $17K, and assets of $122K (revenue +9.8% year-over-year).
- 2012: Revenue of $30K, expenses of $23K, and assets of $106K (revenue +5.6% year-over-year).
- 2011: Revenue of $29K, expenses of $35K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monrovia Festival & Civic Association Inc:
Data Sources and Methodology
This transparency report for Monrovia Festival & Civic Association 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.