Monrovia Parks & Recreation Association Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Monrovia Parks & Recreation Association Inc is a 501(c)(3) organization based in Madison, Alabama, registered in 1994, with $482,414 in FY2024 revenue. CharityIndex grades it B.
104 Meadow Pond Ln, Madison, AL, 35757 EIN 63-1087837 Since 1994
Revenue (FY2024)
$482K
▲ 16.0% vs prior year
Expenses (FY2024)
$486K
Net assets
$928K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—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 Monrovia Parks & Recreation Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · -1% 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 Monrovia Parks & Recreation Association Inc: 23 mo reserves · -1% margin earns a A 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 Monrovia Parks & Recreation Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Monrovia Parks & Recreation Association Inc: 2 of 5 disclosure signals earns a C 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
Financial trends
Revenue grew from $349K (FY2015) to $482K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $72KNet assets $928K
Operating margin
-0.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1000K
Total liabilities
$72K
Net assets
$928K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $482,414▲16.0% | $486,124▲29.6% | $927,748▼0.4% | $999,949▼5.1% | 990 |
| 2023 | $415,996▼23.0% | $374,975▲6.1% | $931,458▲4.6% | $1,053,607▲6.4% | 990 |
| 2022 | $540,448▲102% | $353,418▲34.3% | $890,437▲26.6% | $990,436▲40.8% | 990 |
| 2021 | $267,477▲74.6% | $263,107▲62.9% | $703,407▲0.6% | $703,407▲0.6% | 990 |
| 2020 | $153,222▼39.7% | $161,466▼32.2% | $699,037▼1.2% | $699,037▼1.2% | 990 |
| 2019 | $254,135▲15.5% | $238,062▲15.9% | $707,281▲2.3% | $707,281▼1.2% | 990 |
| 2018 | $220,007▼30.8% | $205,477▼36.8% | $691,208▲2.1% | $715,654▼1.2% | 990 |
| 2017 | $317,715▲21.0% | $324,921▲11.2% | $676,678▼1.1% | $724,462▼3.9% | 990 |
| 2016 | $262,467▼24.9% | $292,122▼8.8% | $683,884▼4.2% | $753,483▼6.4% | 990 |
| 2015 | $349,468 | $320,449 | $713,539 | $804,917 | 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.
Frequently asked questions
- Is Monrovia Parks & Recreation Association Inc a legitimate nonprofit?
- Yes. Monrovia Parks & Recreation Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 63-1087837, based in Madison, Alabama. Donations are tax-deductible.
- What is Monrovia Parks & Recreation Association Inc's EIN?
- Monrovia Parks & Recreation Association Inc's Employer Identification Number (EIN) is 63-1087837.
- How much revenue does Monrovia Parks & Recreation Association Inc report?
- Monrovia Parks & Recreation Association Inc reported $482,414 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Monrovia Parks & Recreation Association Inc have?
- CharityIndex grades Monrovia Parks & Recreation Association Inc B, based on financial health (reserves and operating margin).
More nonprofits in Madison
Explore more
Data for Monrovia Parks & Recreation Association Inc (EIN 63-1087837) 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.