Civic Intelligence

Monarch Parents Foundation Inc

990 • Fiscal year 2018 • EIN 20-2122006

Sep 01, 2017 to Aug 31, 2018 • Filed on Dec 20, 2018

708 Superior StSandpoint, ID 83864

(847) 412-1300

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$6,104

Flat from 2018

Net Assets

Flat

$6,104

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses

Revenue

Flat

$14,352

Flat from 2018

Expenses

Flat

$606,906

Flat from 2018

Net Income

Flat

-$592,554

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $432,986Liabilities 2011: $02011Assets 2012: $465,923Liabilities 2012: $02012Assets 2013: $462,864Liabilities 2013: $02013Assets 2014: $433,717Net Assets 2014: $433,7172014Assets 2015: $555,823Liabilities 2015: $0Net Assets 2015: $555,8232015Assets 2016: $559,554Liabilities 2016: $0Net Assets 2016: $559,5542016Assets 2017: $598,658Liabilities 2017: $0Net Assets 2017: $598,6582017Assets 2018: $6,104Liabilities 2018: $0Net Assets 2018: $6,1042018Assets 2018: $6,104Liabilities 2018: $0Net Assets 2018: $6,1042018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$6,104
Liabilities$0
Net Assets$6,104

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $49,474Expenses 2011: $47,366Net Income 2011: $2,1082011Revenue 2012: $58,607Expenses 2012: $25,670Net Income 2012: $32,9372012Revenue 2013: $49,910Expenses 2013: $52,969Net Income 2013: -$3,0592013Revenue 2014: $55,860Expenses 2014: $85,009Net Income 2014: -$29,1492014Revenue 2015: $168,783Expenses 2015: $46,677Net Income 2015: $122,1062015Revenue 2016: $67,707Expenses 2016: $63,976Net Income 2016: $3,7312016Revenue 2017: $76,024Expenses 2017: $43,274Net Income 2017: $32,7502017Revenue 2018: $14,352Expenses 2018: $606,906Net Income 2018: -$592,5542018Revenue 2018: $14,352Expenses 2018: $606,906Net Income 2018: -$592,5542018Revenue 2019: $270Expenses 2019: $6,374Net Income 2019: -$6,1042019

Highlighted filing

2018

Revenue$14,352
Expenses$606,906
Net Income-$592,554
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Dec 20, 2018
Return Version
2017v2.3
Gross Receipts
$14,352
Mission and Program Overview

Mission

The mission of the monarch parent foundation is to support and assist current and alumni therapeutic boarding school students and parents of students attending emotional growth boarding schools to complete their school's programs successfully with maximum benefits; successfully retain, build on and utilize their tools and values after graduation; and build an inclusive, supportive, participatory, and accessible community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$396,384--
Other Notes and Loans Receivable, Net$100,000--
Savings and Temporary Cash Investments$44,971--
Cash and Non-Interest-Bearing Accounts$55,532$6,104▼ $49,428
Investments Program Related$1,771--
Total Assets$598,658$6,104▼ $592,554
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$598,658$6,104▼ $592,554
Total Net Assets Fund Balance$598,658$6,104▼ $592,554
Total Liabilities and Net Assets / Fund Balance$598,658$6,104▼ $592,554
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rhonda BelloPresident
Mary BorowkaCo-secretary
Nina RegoCo-secretary
Rena HayamiTreasurer
Melanie ReynoldsVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$564
Program Service Revenue
$0
Investment Income
$13,788
Other Revenue
$0
All Other Contributions
$564
Change in Net Assets
$-592,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$487,750
Other Expenses$119,156
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$365,000--$365,000
Grants to Domestic Individuals$122,750--$122,750
Fees for Services Legal-$4,978-$4,978
Fees for Services Accounting-$4,925-$4,925
Conferences and Meetings$1,320$3,080-$4,400
Fees for Service Investment Mgmnt Fees-$2,903-$2,903
Insurance-$900-$900
Fees for Services Management-$312-$312
Office Expenses$69$69-$138
Other Expenses$290$20-$20
Total Functional Expenses$589,429$17,477$0$606,906
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SKY'S THE LIMITMilpitas, CA501c3Wilderness Experienc$110,000
The Youth Mental Health ProjectDobbs Ferry, NY501c3Parent Support$70,000
The Jed FoundationNew York, NY501c3Therapeutic School$60,000
The Middlebridge SchoolNarragansett, RI501c3Parent Support$60,000
The Oliverian SchoolPike, NH501c3Therapeutic School$35,000
Saving TeensWallingford, CT501c3Troubled Teens Assis$20,000
Montana AcedmeyMarion, MT501c3Therapeutic School$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A detailed review of the form 990 prepared by the outside cpa is performed by the treasurer. A second review is performed by the board president. Prior to filing of the return, a copy of the form 990 is e-mailed to each member of the board of directors, accompanied by a brief explanation of any unusual items. The board is asked to confirm receipt and review of the form 990 prior to filing of the return.

Form 990, Page 6, Part VI, Line 12C

We have non-discrimination, confidentiality, and conflict of interest policies that each board member must sign each year.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Monarch Parents Foundation Inc
EIN
20-2122006
Phone
8474121300
Address
708 SUPERIOR ST, SANDPOINT, ID 83864

Signing Officer

Name
Rena Hayami
Title
Treasurer
Phone
8474121300
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rena Hayami
Formed
2004
Legal Domicile
Id
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Williams & Parsons Pc Cpas
Address
708 SUPERIOR ST STE A, SANDPOINT, ID 83864-1656
Preparer
Jacob W Styer Cpapfs
Phone
2082655959
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the monarch parent foundation is to support and assist current and alumni therapeutic boarding school students and parents of students attending emotional growth boarding schools to complete their school's programs successfully with maximum benefits; successfully retain, build on and utilize their tools and values after graduation; and build an inclusive, supportive, participatory, and accessible community.

Form 990, Page 2, Part III, Line 3

In september, 2017, the monarch parents foundation discontinued providing workshops for purposes of educating parents on topics such as transitioning from a therapeutic school to a home setting. The volunteer board of directors pursued, instead, the goal of distributing the cumulative net assets of the organization to qualifying recipients and not-for-profit organizations with missions similar to its own. The organization successfully awarded grants totaling 487,750. In july, 2018, the board of directors approved a plan of dissolution. Subsequent to fiscal year-end, article of dissolution were filed with the state of idaho. Approval was granted in november 2018.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PARENT SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE YOUTH MENTAL HEALTH PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4THE MIDDLEBRIDGE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5THE OLIVERIAN SCHOOL
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IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-04-14
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt22018-04-14
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt32018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt42018-04-14
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt52018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt62018-04-14
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt72018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt82018-04-14
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt92018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt102018-07-11
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt112018-08-05
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt122017-11-11
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0134131139
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IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt050000
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt110000
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt225000
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt310000
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IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)3
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IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
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IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0THE JED FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm1THE JED FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm2THE OLIVERIAN SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm3THE OLIVERIAN SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm4SAVING TEENS IN CRISIS
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm5SAVING TEENS IN CRISIS
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm6SKY'S THE LIMIT FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm7SKY'S THE LIMIT FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm8THE YOUTH MENTAL HEALTH PROJECT
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm9THE YOUTH MENTAL HEALTH PROJECT
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm10THE MIDDLEBRIDGE SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm11THE MIDDLEBRIDGE SCHOOL
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm12MONTANA ACEDEMY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt06 EAST 39TH STREET STE 1204
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt1PO BOX 385
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt2PO BOX 193
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt3510A VALLEY WAY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt46 CRICKET LANE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt5333 OCEAN ROAD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt69705 LOST PRAIRIE RD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0NEW YORK
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm1PIKE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm2WALLINGFORD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm3MILPITAS
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm4DOBBS FERRY
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm5NARRAGANSETT
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm6MARION
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IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd103780
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd206492

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