Albert & Nan Gray Monk Foundation
Only null% goes to programs Strong reserves
Albert & Nan Gray Monk Foundation is a 501(c)(3) organization based in Chapel Hill, North Carolina, registered in 1996, with $150,508 in FY2024 revenue. CharityIndex grades it C+.
301 W Barbee Chapel Rd Suite 303, Chapel Hill, NC, 27517 EIN 56-6473877 Since 1996
Revenue (FY2024)
$151K
▲ 67.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$129K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Albert & Nan Gray Monk Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating190 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albert & Nan Gray Monk Foundation: 190 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Albert & Nan Gray Monk Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albert & Nan Gray Monk Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 301 W Barbee Chapel Rd Suite 303, Chapel Hill, NC, 27517
- City
- Chapel Hill
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $313K (FY2013) to $151K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $628Net assets $2.0M
Operating margin
14.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$628
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $150,508▲67.3% | $128,580▼0.4% | $2,038,553▲1.0% | $2,039,181▲0.8% | 990PF |
| 2023 | $89,969▼34.4% | $129,036▼5.1% | $2,018,565▼1.6% | $2,023,565▼1.4% | 990PF |
| 2022 | $137,052▼5.0% | $135,993▲7.4% | $2,051,180▲0.1% | $2,052,200▲0.1% | 990PF |
| 2021 | $144,259▲31.6% | $126,618▲15.1% | $2,049,149▲0.7% | $2,050,236▲0.1% | 990PF |
| 2020 | $109,640▼18.0% | $109,991▼18.4% | $2,035,000 | $2,048,595▲0.7% | 990PF |
| 2019 | $133,637▲3.1% | $134,848▲10.1% | $2,034,590 | $2,034,590 | 990PF |
| 2018 | $129,572▼10.3% | $122,496▲3.7% | $2,034,724▲0.5% | $2,034,724▲0.5% | 990PF |
| 2017 | $144,422▲1165% | $118,115▼0.1% | $2,024,733▲1.3% | $2,025,206▲1.3% | 990PF |
| 2016 | $11,418▼87.8% | $118,209▼0.5% | $1,998,818▼4.9% | $1,998,818▼4.9% | 990PF |
| 2015 | $93,758▼58.3% | $118,776▲2.7% | $2,101,741▼1.2% | $2,101,741▼1.2% | 990PF |
| 2014 | $224,949▼28.1% | $115,670▲11.9% | $2,126,759▲5.4% | $2,126,759▲5.4% | 990PF |
| 2013 | $313,037 | $103,343▲2.3% | $2,017,480▲11.6% | $2,017,480▲11.6% | 990PF |
| 2012 | — | $101,030▲6.0% | $1,807,786▲3.7% | $1,807,786▲3.7% | 990PF |
| 2011 | — | $95,288▲19.4% | $1,743,649▲5.9% | $1,743,649▲5.9% | 990PF |
| 2010 | — | $79,813 | $1,646,146 | $1,646,146 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
Compare Albert & Nan Gray Monk Foundation
Frequently asked questions
- Is Albert & Nan Gray Monk Foundation a legitimate nonprofit?
- Yes. Albert & Nan Gray Monk Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6473877, based in Chapel Hill, North Carolina. Donations are tax-deductible.
- What is Albert & Nan Gray Monk Foundation's EIN?
- Albert & Nan Gray Monk Foundation's Employer Identification Number (EIN) is 56-6473877.
- How much revenue does Albert & Nan Gray Monk Foundation report?
- Albert & Nan Gray Monk Foundation reported $150,508 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Albert & Nan Gray Monk Foundation have?
- CharityIndex grades Albert & Nan Gray Monk Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Chapel Hill
Explore more
Data for Albert & Nan Gray Monk Foundation (EIN 56-6473877) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.