Civic Intelligence

Monroe Public Schools Foundation

990 • Fiscal year 2020 • EIN 20-3949954

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 05, 2021

14692 179th Ave SEMonroe, WA 98272

(360) 804-4317

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.03x

Higher debt load relative to assets than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

20th percentile

-23%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$18,072

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

17th percentile

-24%

Faster asset growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

-9.7%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$186,062

Down $59,147 (-24%) from 2019

Net Assets

Down

$181,038

Down $64,097 (-26%) from 2019

Liabilities

Up

$5,024

Up $4,950 (+6689%) from 2019

Revenue

Down

$273,021

Down $29,177 (-9.7%) from 2019

Expenses

Up

$337,118

Up $68,168 (+25%) from 2019

Net Income

Down

-$64,097

Down $97,345 (-293%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $92,135Liabilities 2011: $02011Assets 2012: $105,633Net Assets 2012: $105,6332012Assets 2013: $101,335Net Assets 2013: $101,3352013Assets 2014: $111,586Net Assets 2014: $111,5862014Assets 2015: $146,679Net Assets 2015: $146,6792015Assets 2016: $185,769Liabilities 2016: $68Net Assets 2016: $185,7012016Assets 2017: $184,114Liabilities 2017: $39Net Assets 2017: $184,0752017Assets 2018: $212,312Liabilities 2018: $425Net Assets 2018: $211,8872018Assets 2019: $245,209Liabilities 2019: $74Net Assets 2019: $245,1352019Assets 2020: $186,062Liabilities 2020: $5,024Net Assets 2020: $181,0382020Assets 2021: $199,934Liabilities 2021: $5,295Net Assets 2021: $194,6392021Assets 2022: $139,578Liabilities 2022: $1,700Net Assets 2022: $137,8782022Assets 2023: $183,809Liabilities 2023: $2,132Net Assets 2023: $181,6772023Assets 2024: $161,368Liabilities 2024: $1,407Net Assets 2024: $159,9612024

Highlighted filing

2020

Assets$186,062
Liabilities$5,024
Net Assets$181,038

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $118,242Expenses 2011: $86,471Net Income 2011: $31,7712011Revenue 2012: $116,600Expenses 2012: $103,102Net Income 2012: $13,4982012Revenue 2013: $129,586Expenses 2013: $133,884Net Income 2013: -$4,2982013Revenue 2014: $140,663Expenses 2014: $130,412Net Income 2014: $10,2512014Revenue 2015: $171,230Expenses 2015: $136,137Net Income 2015: $35,0932015Revenue 2016: $224,656Expenses 2016: $185,634Net Income 2016: $39,0222016Revenue 2017: $264,078Expenses 2017: $265,704Net Income 2017: -$1,6262017Revenue 2018: $289,922Expenses 2018: $262,110Net Income 2018: $27,8122018Revenue 2019: $302,198Expenses 2019: $268,950Net Income 2019: $33,2482019Revenue 2020: $273,021Expenses 2020: $337,118Net Income 2020: -$64,0972020Revenue 2021: $251,486Expenses 2021: $237,885Net Income 2021: $13,6012021Revenue 2022: $288,619Expenses 2022: $345,380Net Income 2022: -$56,7612022Revenue 2023: $356,873Expenses 2023: $313,074Net Income 2023: $43,7992023Revenue 2024: $241,130Expenses 2024: $262,846Net Income 2024: -$21,7162024

Highlighted filing

2020

Revenue$273,021
Expenses$337,118
Net Income-$64,097
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 5, 2021
Return Version
2019v5.0
Gross Receipts
$281,082
Mission and Program Overview

Mission

To develop and provide community support to strengthen the achievement of all students within monroe public schools.

To develop and provide community support to strengthen the achievement of all students within the monroe public school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$206,748$185,278▼ $21,470
Cash and Non-Interest-Bearing Accounts$37,154--
Land, Buildings, and Equipment, Net$1,307$784▼ $523
Total Assets$245,209$186,062▼ $59,147
Liabilities
Other Liabilities-$4,200-
Accounts Payable and Accrued Expenses$74$824▲ $750
Total Liabilities$74$5,024▲ $4,950
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$245,135$181,038▼ $64,097
Total Net Assets Fund Balance$245,135$181,038▼ $64,097
Total Liabilities and Net Assets / Fund Balance$245,209$186,062▼ $59,147

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$729$2,879$3,608
Other Land Buildings$55$540$595
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jen PooleBoard MemberPT$18,072$18,072

Board Members and Trustees

NameTitle
Katy WoodsPresident
Katie RybarBoard Member
Kim CripeBoard Member
Lori AndersonBoard Member
Pete McculloughBoard Member
Rick WebberBoard Member
Sam WirschingBoard Member
Sue SkillenExecutive Di
Pam BakerSecretary
Liz DettloffTreasurer
Jason GambleVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$225,627
Program Service Revenue
$1,690
Investment Income
$53
Other Revenue
$45,651
All Other Contributions
$215,380
Change in Net Assets
$-64,097

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table147$55,166Fair Market Value (FMV) Determined by Donor
Total Noncash Contributions147$55,166-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$227,164
Grants and Similar Amounts Paid$88,808
Salaries, Compensation, and Employee Benefits$21,146
Total Fundraising Expense$8,993
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$88,808--$88,808
Current Officers, Directors, Trustees, and Key Employees$15,542$2,349$181$18,072
Other Expenses$6,675--$6,675
Advertising--$6,585$6,585
Fees for Services Accounting-$4,395-$4,395
Office Expenses$3,321$502$39$3,862
Fees for Services Other--$2,135$2,135
Depreciation Depletion$1,948--$1,948
Information Technology$1,545$233$18$1,796
Payroll Taxes$1,395$211$16$1,622
Other Salaries and Wages$1,248$189$15$1,452
Insurance$387$58$4$449
Total Functional Expenses$320,188$7,937$8,993$337,118
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$53,712
Fundraising Direct Expenses$8,061
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$62,934$52,687$8,061$44,626
Total Events$62,934$52,687$8,061$44,626
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$4,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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

The board of directors reviews the tax return prior to filing.

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

Compliance with conflict of interest policy is enforced through discussion at regular board meetings.

Form 990, Page 6, Part VI, Line 15A

Board of directors reviews salaries annually and any changes are subject to board approval.

Form 990, Page 6, Part VI, Line 15B

Board of directors reviews salaries annually and any changes are subject to board approval.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Monroe Public Schools Foundation
EIN
20-3949954
Phone
3608044317
Address
14692 179TH AVE SE, MONROE, WA 98272

Signing Officer

Name
Sue Skillen
Title
Executive Director
Phone
3608044317
Signed
2021-01-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katy Woods
Formed
2006
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
5

Preparer

Firm
Quackenbush Hansen & Cogar Pllc
Address
PO BOX 625, MONROE, WA 98272-2032
Preparer
Kent Hansen CPA
Phone
3608638689
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IRS990/ReconcilationRevenueExpnssAmt0-64097
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0206748
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0185278
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0400,176
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0225627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0273340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0135352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0151552
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0118773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0904644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt053
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01690
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt053712
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0137506
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0106331
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0102627
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0400176
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69330
IRS990ScheduleA/PublicSupportPY170Pct00.66540
IRS990ScheduleA/PublicSupportTotal170Amt0904644
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0225627
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0273340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0135352
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0151552
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0118773
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0904644
IRS990ScheduleA/TotalSupportAmt01304873
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0729
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02879
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03608
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt055
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0540
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0595
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ADVANCE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0784
IRS990ScheduleD/TotalLiabilityAmt04200
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt010247
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt010247
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08061
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt062934
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062934
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052687
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052687
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044626
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08061
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08061
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt088808
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CHECKS ARE MADE OUT TO RECIPIENT'S COLLEGE CHOICE SO RECIPIENTS RECEIVE BENEFIT ONLY OF THE SCHOLARSHIPS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0147
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AUCTION ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV DETERMINED BY DONOR
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt055166
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLIANCE WITH CONFLICT OF INTEREST POLICY IS ENFORCED THROUGH DISCUSSION AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS REVIEWS SALARIES ANNUALLY AND ANY CHANGES ARE SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS REVIEWS SALARIES ANNUALLY AND ANY CHANGES ARE SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0245209
IRS990/TotalAssetsEOYAmt0186062
IRS990/TotalAssetsGrp/BOYAmt0245209
IRS990/TotalAssetsGrp/EOYAmt0186062
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0225627
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08993
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07937
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320188
IRS990/TotalFunctionalExpensesGrp/TotalAmt0337118
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074
IRS990/TotalLiabilitiesEOYAmt05024
IRS990/TotalLiabilitiesGrp/BOYAmt074
IRS990/TotalLiabilitiesGrp/EOYAmt05024
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0245135
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0181038
IRS990/TotalProgramServiceExpensesAmt0320188
IRS990/TotalProgramServiceRevenueAmt01690
IRS990/TotalReportableCompFromOrgAmt018072
IRS990/TotalRevenueGrp/ExclusionAmt045704
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01690
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0273021
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0245209
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0186062
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.01$1.60$2.41$2.63$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.84$0.02$1.82$3.57$3.13$0.44
2022Detailed filing. Detailed filing data is available for this year.$1.40$0.02$1.38$2.89$3.45$0.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.05$1.95$2.51$2.38$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.05$1.81$2.73$3.37$0.64
2019Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$3.02$2.69$0.33
2018Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$2.90$2.62$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$2.64$2.66$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$2.25$1.86$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.47$1.47$1.71$1.36$0.35
2014Detailed filing. Detailed filing data is available for this year.$1.12$1.12$1.41$1.30$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$1.01$1.30$1.34$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$1.06$1.17$1.03$0.13
2011Summary only. Only limited summary data is available for this year.$0.92$0.00$1.18$0.86$0.32