Monroe Foundation is a 501(c)(3) organization based in Hillside, Illinois, registered in 1997, with $175,000 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$175K
▼ 58.7% vs prior year
Religion median: $139K
Expenses (FY2024)
$167K
Net assets
$139K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Monroe Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Monroe Foundation: 10 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
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 Monroe Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Monroe Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $93K (FY2016) to $175K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$139K
Total liabilities
$0
Net assets
$139K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $175,000▼58.7% | $167,270▼66.6% | $138,692▲152% | $138,692▲152% | 990EZ |
| 2023 | $423,264▼31.1% | $500,111▼21.4% | $55,081▼45.9% | $55,081▼45.7% | 990 |
| 2022 | $614,111▼24.7% | $635,945▼13.9% | $101,885▼17.2% | $101,492▼17.7% | 990 |
| 2021 | $815,425▲65.2% | $738,841▲89.6% | $123,107▲43.8% | $123,284▲41.1% | 990 |
| 2020 | $493,529▲287% | $389,696▲232% | $85,605▲76.7% | $87,344▲80.3% | 990 |
| 2019 | $127,500▲7.6% | $117,220▲18.4% | $48,453▲26.9% | $48,453▲26.9% | 990 |
| 2018 | $118,500▲16.2% | $99,020▲5.3% | $38,173▲104% | $38,173▲104% | 990 |
| 2017 | $102,000▲9.7% | $94,007▼5.7% | $18,693▲74.7% | $18,693▲74.7% | 990 |
| 2016 | $93,000 | $99,700 | $10,700 | $10,700 | 990 |
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.
13 grants to Monroe Foundation totaling $840K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way of Metropolitan Chicago Inc | Program support | 2024 | $20,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $12,253 |
| The Chicago Community Trust | To provide programming to build community cohesion through the chicago fund for safe and peaceful communities. to provide programming to build community cohesion for the chicago fund for safe and peaceful communities grantees. in support of get cleared illinois. | 2021 | $193,000 |
| The Chicago Community Trust | To provide programming to build community cohesion through the chicago fund for safe and peaceful communities. to provide programming to build community cohesion for the chicago fund for safe and peaceful communities grantees. in support of get cleared illinois. | 2021 | $193,000 |
| Local Initiatives Support Corporation | See part iv | 2021 | $12,207 |
| The Chicago Community Trust | To support chicago fund for safe and peaceful communities | 2020 | $53,300 |
| United Way of Metropolitan Chicago Inc | Program support | 2020 | $25,000 |
| The Chicago Community Trust | To support get cleared illinois, and building community cohesion | 2019 | $161,000 |
| United Way of Metropolitan Chicago Inc | Program support | 2019 | $50,000 |
| University of Chicago Medical Center | 2020 rapid cycle summer grants to address violence prevention and resiliency | 2019 | $7,150 |
| The Chicago Community Trust | General operating support | 2018 | $40,000 |
| The Chicago Community Trust | General operating support | 2017 | $43,000 |
| The Chicago Community Trust | See attached. | 2016 | $30,000 |
Explore more
Data for Monroe Foundation (EIN 36-3787503) 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.