Civic Intelligence

The Monarch Learning Academy Inc.

990 • Fiscal year 2021 • EIN 27-2468055

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 15, 2022

1914 Edgewater DriveOrlando, FL 32804

(407) 478-8577

Siviq Scores

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

Liabilities / Assets

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

1.18x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

54th percentile

15%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$62,983

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

77th percentile

30%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

9.1%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,859,048

Up $657,611 (+30%) from 2020

Net Assets

Up

$672,515

Up $277,874 (+70%) from 2020

Liabilities

Up

$2,186,533

Up $379,737 (+21%) from 2020

Revenue

Up

$1,847,440

Up $154,374 (+9.1%) from 2020

Expenses

Down

$1,569,566

Down $65,975 (-4.0%) from 2020

Net Income

Up

$277,874

Up $220,349 (+383%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $215,693Liabilities 2012: $124,373Net Assets 2012: $91,3202012Assets 2013: $255,582Liabilities 2013: $143,134Net Assets 2013: $112,4482013Assets 2014: $286,951Liabilities 2014: $138,688Net Assets 2014: $148,2632014Assets 2015: $300,036Liabilities 2015: $130,042Net Assets 2015: $169,9942015Assets 2016: $384,806Liabilities 2016: $227,287Net Assets 2016: $157,5192016Assets 2017: $2,228,190Liabilities 2017: $2,028,082Net Assets 2017: $200,1082017Assets 2018: $1,855,873Liabilities 2018: $1,589,445Net Assets 2018: $266,4282018Assets 2020: $2,201,437Liabilities 2020: $1,806,796Net Assets 2020: $394,6412020Assets 2021: $2,859,048Liabilities 2021: $2,186,533Net Assets 2021: $672,5152021Assets 2022: $2,874,769Liabilities 2022: $1,731,683Net Assets 2022: $1,143,0862022Assets 2023: $1,567,003Liabilities 2023: $462,351Net Assets 2023: $1,104,6522023Assets 2024: $1,757,964Liabilities 2024: $430,612Net Assets 2024: $1,327,3522024Assets 2025: $1,801,496Liabilities 2025: $490,862Net Assets 2025: $1,310,6342025

Highlighted filing

2021

Assets$2,859,048
Liabilities$2,186,533
Net Assets$672,515

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $321,8372012Expenses 2013: $470,3392013Revenue 2014: $580,281Expenses 2014: $544,466Net Income 2014: $35,8152014Revenue 2015: $778,687Expenses 2015: $756,956Net Income 2015: $21,7312015Revenue 2016: $847,819Expenses 2016: $860,294Net Income 2016: -$12,4752016Revenue 2017: $1,239,264Expenses 2017: $1,196,675Net Income 2017: $42,5892017Revenue 2018: $1,485,261Expenses 2018: $1,418,941Net Income 2018: $66,3202018Revenue 2020: $1,693,066Expenses 2020: $1,635,541Net Income 2020: $57,5252020Revenue 2021: $1,847,440Expenses 2021: $1,569,566Net Income 2021: $277,8742021Revenue 2022: $2,340,591Expenses 2022: $1,870,020Net Income 2022: $470,5712022Revenue 2023: $2,302,583Expenses 2023: $2,341,017Net Income 2023: -$38,4342023Revenue 2024: $2,914,547Expenses 2024: $2,691,847Net Income 2024: $222,7002024Revenue 2025: $2,880,133Expenses 2025: $2,896,851Net Income 2025: -$16,7182025

Highlighted filing

2021

Revenue$1,847,440
Expenses$1,569,566
Net Income$277,874
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 15, 2022
Return Version
2020v4.0
Gross Receipts
$1,855,139
Mission and Program Overview

Mission

Monarch learning academy in orlando is a christ-centered early childhood and elementary school. We nourish, equip and celebrate the whole child. Our administrators, teachers parents and students form a loving community, providing a dynamic learning environment which stimulates creative thinking, motivates academic excellence and instills a lifelong desire to learn.

Monarch learning academy is a christ-centered early childhood and elementary school. We nourish, equip and celebrate the whole child. Our administrators, teachers, parents and students form a loving community, providing a dynamic learning environment which stimulates creative thinking, motivates excellence and instills a life-long desire to learn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$707,660$1,260,719▲ $553,059
Land, Buildings, and Equipment, Net$1,087,654$1,063,523▼ $24,131
Cash and Non-Interest-Bearing Accounts$349,779$472,742▲ $122,963
Prepaid Expenses and Deferred Charges$46,720$45,336▼ $1,384
Pledges and Grants Receivable$1,956$9,345▲ $7,389
Intangible Assets-$6,258-
Total Assets$2,201,437$2,859,048▲ $657,611
Other Assets Total$7,668$1,125▼ $6,543
Liabilities
Deferred Revenue$1,037,333$1,466,370▲ $429,037
Unsecured Notes Loans Payable$479,728$435,277▼ $44,451
Mortgage Notes Payable Secured by Investment Property$289,083$217,110▼ $71,973
Other Liabilities-$65,708-
Accounts Payable and Accrued Expenses$652$2,068▲ $1,416
Total Liabilities$1,806,796$2,186,533▲ $379,737
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$394,641$672,515▲ $277,874
Total Net Assets Fund Balance$394,641$672,515▲ $277,874
Total Liabilities and Net Assets / Fund Balance$2,201,437$2,859,048▲ $657,611

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,063,523$117,629$1,181,152
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marguerite McneillExecutive DiFT$60,000$2,983$62,983
Brittany AbbottMember at LaFT$32,982-$32,982
Emily BloomquistCo-chair-$1,440-$1,440

Board Members and Trustees

NameTitle
Brittany LoweMember at La
Gina GraziadioMember at La
Kellie HaddockMember at La
Kerry SlagowitzMember at La
Megan SteinmetzMember at La
Mike MckeeMember at La
Revenue and Support

Revenue Composition

Contributions and Grants
$369,156
Program Service Revenue
$1,473,668
Investment Income
$0
Other Revenue
$4,616
All Other Contributions
$5,956
Change in Net Assets
$277,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,139,412
Other Expenses$430,154
Total Fundraising Expense$6,285
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$925,726$54,376$2,553$982,655
Occupancy$104,675$5,155-$109,830
Current Officers, Directors, Trustees, and Key Employees$11,331$80,259$2,832$94,422
Information Technology$69,028$4,406-$73,434
Payroll Taxes$48,438$6,681$557$55,676
Depreciation Depletion$29,489$1,552-$31,041
Interest$29,308$1,221-$30,529
Office Expenses$24,803$2,480$276$27,559
Insurance$2,959$11,837-$14,796
Other Employee Benefits$5,793$799$67$6,659
Advertising$6,433--$6,433
All Other Expenses$6,132--$6,132
Fees for Services Other$5,489--$5,489
Other Expenses$5,135--$5,135
Total Functional Expenses$1,394,515$168,766$6,285$1,569,566
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,315
Fundraising Direct Expenses$7,699
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shine Fundraise$142,972-$6,080-
Shop W Scrip$12,315$12,315$1,619$10,696
Total Events$155,287$12,315$7,699$4,616
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tuition Deposit$63,189
Designated Donations$2,519
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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 organization's form 990 is reviewed by the finance committee, chair of the board of directors and the school director. Then the entire board of directors are provided a copy of the form 990 via email for their review prior to filing with the irs.

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

The conlflict of interest policy is distributed annually to each member of the organization's governing body and officers. Each individual provides a disclosure statement indication that they have received, read, understood and agreed to comply with the policy. They certify the following: i. They have no relationships or interest that present a conflict of interest. Ii. They have one or more conflict of interest that have been fully disclosed as required by the policy and have been administered in conformity with the policy or iii. They have previously undisclosed conflicts of interest that are forwarded to the appropriate organization officials to take appropriate actions as required by the policy.

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

Data on comparative salaries is gathered annually and reviewed by the officers of the board of directors. Deliberations and decisions are based on the comparatives, performance and financial resources.

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

Data on comparative salaries is gathered annually and reviewed by the officers of the board of directors. Deliberations and decisions are based on the comparatives, performance and financial resources.

Form 990, Page 6, Part VI, Line 19

The organization makes it's governing document, conflicts of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Monarch Learning Academy Inc
EIN
27-2468055
Phone
4074788577
Address
1914 EDGEWATER DRIVE, ORLANDO, FL 32804
Doing Business As
Monarch Learning Academy

Signing Officer

Name
Marguerite Mcneill
Title
Executive Director
Phone
4074788577
Signed
2022-06-15

Organization Details

Principal Officer
Marguerite Mcneill
Formed
2009
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
66
Volunteers
170

Preparer

Firm
Moss Krusick & Associates LLC
Address
501 S NEW YORK AVE STE 100, WINTER PARK, FL 32789-4241
Preparer
W Ed Moss Jr
Phone
4076445811
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Monarch learning academy in orlando is a christ-centered early childhood and elementary school. We nourish, equip and celebrate the whole child. Our administrators, teachers parents and students form a loving community, providing a dynamic learning environment which stimulates creative thinking, motivates academic excellence and instills a lifelong desire to learn.

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IRS990/Desc0PROVIDE A PRIVATE CHRISTIAN EDUCATION TO APPROXIMATELY 255 STUDENTS IN EARLY CHILDHOOD THROUGH 8TH GRADE. WE SERVED 200 STUDENTS IN OUR AFTERCARE PROGRAM. FIFTEEN PERCENT OF THE STUDENT BODY RECEIVED FINANCIAL ASSISTANCE IN FISCAL 2020-2021. THE SCHOOL COMMUNITY SERVES AS A SUPPORT TO THE FAMILY AS A WHOLE, PROVIDING CHILDREN WITH AN OPTIMAL ENVIRONMENT THAT ALLOWS THEM TO EXCEL IN KNOWLEDGE, STRENGTH, HOPE AND FAITH.
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IRS990/MissionDesc0MONARCH LEARNING ACADEMY IN ORLANDO IS A CHRIST-CENTERED EARLY CHILDHOOD AND ELEMENTARY SCHOOL. WE NOURISH, EQUIP AND CELEBRATE THE WHOLE CHILD. OUR ADMINISTRATORS, TEACHERS PARENTS AND STUDENTS FORM A LOVING COMMUNITY, PROVIDING A DYNAMIC LEARNING ENVIRONMENT WHICH STIMULATES CREATIVE THINKING, MOTIVATES ACADEMIC EXCELLENCE AND INSTILLS A LIFELONG DESIRE TO LEARN.
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IRS990/OccupancyGrp/TotalAmt0109830
IRS990/OfficeExpensesGrp/FundraisingAmt0276
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02480
IRS990/OfficeExpensesGrp/ProgramServicesAmt024803
IRS990/OfficeExpensesGrp/TotalAmt027559
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07668
IRS990/OtherAssetsTotalGrp/EOYAmt01125
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt067
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0799
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05793
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06659
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1CURRICULUM
IRS990/OtherExpensesGrp/Desc2EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt080762
IRS990/OtherExpensesGrp/ProgramServicesAmt126860
IRS990/OtherExpensesGrp/ProgramServicesAmt212154
IRS990/OtherExpensesGrp/ProgramServicesAmt35135
IRS990/OtherExpensesGrp/TotalAmt080762
IRS990/OtherExpensesGrp/TotalAmt126860
IRS990/OtherExpensesGrp/TotalAmt212154
IRS990/OtherExpensesGrp/TotalAmt35135
IRS990/OtherLiabilitiesGrp/EOYAmt065708
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02553
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt054376
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0925726
IRS990/OtherSalariesAndWagesGrp/TotalAmt0982655
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0557
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06681
IRS990/PayrollTaxesGrp/ProgramServicesAmt048438
IRS990/PayrollTaxesGrp/TotalAmt055676
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01956
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09345
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046720
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045336
IRS990/PrincipalOfficerNm0MARGUERITE MCNEILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01473668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01473668
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0169593
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0445005
IRS990/PYOtherRevenueAmt0-13481
IRS990/PYProgramServiceRevenueAmt01536954
IRS990/PYRevenuesLessExpensesAmt057525
IRS990/PYSalariesCompEmpBnftPaidAmt01190536
IRS990/PYTotalExpensesAmt01635541
IRS990/PYTotalRevenueAmt01693066
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0277874
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01473668
IRS990ScheduleA/SchoolInd0X
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/LeaseholdImprovementsGrp/BookValueAmt01063523
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0117629
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01181152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063189
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12519
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TUITION DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DESIGNATED DONATIONS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01063523
IRS990ScheduleD/TotalLiabilityAmt065708
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0142972
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0142972
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07699
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SHINE FUNDRAISE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SHOP W SCRIP
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0142972
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0155287
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012315
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04616
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07699
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06080
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01619
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MONARCH LEARNING ACADEMY IN ORLANDO IS A CHRIST-CENTERED EARLY CHILDHOOD AND ELEMENTARY SCHOOL. WE NOURISH, EQUIP AND CELEBRATE THE WHOLE CHILD. OUR ADMINISTRATORS, TEACHERS PARENTS AND STUDENTS FORM A LOVING COMMUNITY, PROVIDING A DYNAMIC LEARNING ENVIRONMENT WHICH STIMULATES CREATIVE THINKING, MOTIVATES ACADEMIC EXCELLENCE AND INSTILLS A LIFELONG DESIRE TO LEARN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE, CHAIR OF THE BOARD OF DIRECTORS AND THE SCHOOL DIRECTOR. THEN THE ENTIRE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 VIA EMAIL FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONLFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AND OFFICERS. EACH INDIVIDUAL PROVIDES A DISCLOSURE STATEMENT INDICATION THAT THEY HAVE RECEIVED, READ, UNDERSTOOD AND AGREED TO COMPLY WITH THE POLICY. THEY CERTIFY THE FOLLOWING: I. THEY HAVE NO RELATIONSHIPS OR INTEREST THAT PRESENT A CONFLICT OF INTEREST. II. THEY HAVE ONE OR MORE CONFLICT OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN ADMINISTERED IN CONFORMITY WITH THE POLICY OR III. THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST THAT ARE FORWARDED TO THE APPROPRIATE ORGANIZATION OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DATA ON COMPARATIVE SALARIES IS GATHERED ANNUALLY AND REVIEWED BY THE OFFICERS OF THE BOARD OF DIRECTORS. DELIBERATIONS AND DECISIONS ARE BASED ON THE COMPARATIVES, PERFORMANCE AND FINANCIAL RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DATA ON COMPARATIVE SALARIES IS GATHERED ANNUALLY AND REVIEWED BY THE OFFICERS OF THE BOARD OF DIRECTORS. DELIBERATIONS AND DECISIONS ARE BASED ON THE COMPARATIVES, PERFORMANCE AND FINANCIAL RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENT, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02201437
IRS990/TotalAssetsEOYAmt02859048
IRS990/TotalAssetsGrp/BOYAmt02201437
IRS990/TotalAssetsGrp/EOYAmt02859048
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0369156
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06285
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168766
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01394515
IRS990/TotalFunctionalExpensesGrp/TotalAmt01569566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01806796
IRS990/TotalLiabilitiesEOYAmt02186533
IRS990/TotalLiabilitiesGrp/BOYAmt01806796
IRS990/TotalLiabilitiesGrp/EOYAmt02186533
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0394641
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0672515
IRS990/TotalOtherCompensationAmt02983
IRS990/TotalProgramServiceExpensesAmt01394515
IRS990/TotalProgramServiceRevenueAmt01473668
IRS990/TotalReportableCompFromOrgAmt094422
IRS990/TotalRevenueGrp/ExclusionAmt04616
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01473668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01847440
IRS990/TotalVolunteersCnt0170
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02201437
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02859048
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0479728
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0435277
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01914 EDGEWATER DRIVE
IRS990/USAddress/CityNm0ORLANDO
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032804
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0MONARCHLEARNING ACADEMY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGUERITE MCNEILL

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