Civic Intelligence

Monroe Educational Foundation

990 • Fiscal year 2022 • EIN 72-0681134

Aug 01, 2021 to Jul 31, 2022 • Filed on Nov 09, 2022

600 Finks Hideaway RdMonroe, LA 71203

(318) 343-4185

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.88x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

40th percentile

1.9%

Higher net margin than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

57th percentile

4.0%

Faster asset growth than 57% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-19%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,234,217

Up $86,219 (+4.0%) from 2021

Net Assets

Up

$601,776

Up $35,118 (+6.2%) from 2021

Liabilities

Up

$1,632,441

Up $51,101 (+3.2%) from 2021

Revenue

Down

$1,854,363

Down $448,631 (-19%) from 2021

Expenses

Down

$1,819,245

Down $41,384 (-2.2%) from 2021

Net Income

Down

$35,118

Down $407,247 (-92%) from 2021

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 2011: $1,907,020Liabilities 2011: $1,518,905Net Assets 2011: $388,1152011Assets 2012: $2,144,233Liabilities 2012: $1,642,696Net Assets 2012: $501,5372012Assets 2013: $2,355,509Liabilities 2013: $1,587,214Net Assets 2013: $768,2952013Assets 2014: $2,438,289Liabilities 2014: $1,507,176Net Assets 2014: $931,1132014Assets 2015: $1,966,237Liabilities 2015: $1,230,224Net Assets 2015: $736,0132015Assets 2016: $1,953,843Liabilities 2016: $1,381,112Net Assets 2016: $572,7312016Assets 2017: $1,785,857Liabilities 2017: $1,439,787Net Assets 2017: $346,0702017Assets 2018: $1,856,168Liabilities 2018: $1,571,372Net Assets 2018: $284,7962018Assets 2019: $1,637,079Liabilities 2019: $1,500,019Net Assets 2019: $137,0602019Assets 2020: $2,024,186Liabilities 2020: $1,899,893Net Assets 2020: $124,2932020Assets 2021: $2,147,998Liabilities 2021: $1,581,340Net Assets 2021: $566,6582021Assets 2022: $2,234,217Liabilities 2022: $1,632,441Net Assets 2022: $601,7762022Assets 2023: $2,187,098Liabilities 2023: $1,632,636Net Assets 2023: $554,4622023Assets 2024: $2,232,693Liabilities 2024: $1,723,783Net Assets 2024: $508,9102024Assets 2025: $2,322,736Liabilities 2025: $1,978,316Net Assets 2025: $344,4202025

Highlighted filing

2022

Assets$2,234,217
Liabilities$1,632,441
Net Assets$601,776

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,715,9572011Expenses 2012: $1,717,8192012Expenses 2013: $1,839,7512013Revenue 2014: $2,085,865Expenses 2014: $1,923,047Net Income 2014: $162,8182014Revenue 2015: $1,775,586Expenses 2015: $1,970,686Net Income 2015: -$195,1002015Revenue 2016: $1,718,561Expenses 2016: $1,881,843Net Income 2016: -$163,2822016Revenue 2017: $1,709,396Expenses 2017: $1,936,057Net Income 2017: -$226,6612017Revenue 2018: $1,882,921Expenses 2018: $1,946,195Net Income 2018: -$63,2742018Revenue 2019: $1,886,236Expenses 2019: $2,033,972Net Income 2019: -$147,7362019Revenue 2020: $1,871,960Expenses 2020: $1,884,727Net Income 2020: -$12,7672020Revenue 2021: $2,302,994Expenses 2021: $1,860,629Net Income 2021: $442,3652021Revenue 2022: $1,854,363Expenses 2022: $1,819,245Net Income 2022: $35,1182022Revenue 2023: $1,917,898Expenses 2023: $1,965,212Net Income 2023: -$47,3142023Revenue 2024: $2,248,554Expenses 2024: $2,294,106Net Income 2024: -$45,5522024Revenue 2025: $1,754,155Expenses 2025: $1,918,645Net Income 2025: -$164,4902025

Highlighted filing

2022

Revenue$1,854,363
Expenses$1,819,245
Net Income$35,118
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$1,871,252
Mission and Program Overview

Mission

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$914,947$1,106,678▲ $191,731
Pd in Cap Srpls Land Bldg Eqp Fund$801,734$801,734→ $0
Land, Buildings, and Equipment, Net$628,081$581,290▼ $46,791
Cash and Non-Interest-Bearing Accounts$604,970$546,249▼ $58,721
Cap Stk Tr Prin Current Funds$524,550$524,550→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-759,626$-724,508▲ $35,118
Total Assets$2,147,998$2,234,217▲ $86,219
Other Assets Total-$0-
Liabilities
Deferred Revenue$1,442,474$1,537,284▲ $94,810
Accounts Payable and Accrued Expenses$138,866$95,157▼ $43,709
Total Liabilities$1,581,340$1,632,441▲ $51,101
Net Assets / Fund Balance
Total Net Assets Fund Balance$566,658$601,776▲ $35,118
Total Liabilities and Net Assets / Fund Balance$2,147,998$2,234,217▲ $86,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$450,587$1,453,908$1,904,495
Equipment$1,490$366,067$367,557
Other Land Buildings$19,213$105,557$124,770
Land$110,000-$110,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John SayePresident
Dr Ron BerryVice President
Anais PenaTrustee
Britton LeggettTrustee
Cindy VanceTrustee
Dr Rushton JonesTrustee
Kelly WoodringTrustee
Stuart ParkerTrustee
Paul LensingSecretary
Abe HakimTreasurer
Don SimpsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$189,745
Program Service Revenue
$1,482,635
Investment Income
$15
Other Revenue
$181,968
All Other Contributions
$58,336
Change in Net Assets
$35,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,300,944
Other Expenses$518,301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$973,583$235,552-$1,209,135
Occupancy$111,572$12,425-$123,997
Payroll Taxes$74,485$17,324-$91,809
Insurance$61,059$8,309-$69,368
Depreciation Depletion$46,791--$46,791
All Other Expenses$27,741$4,093-$31,834
Office Expenses$9$18,987-$18,996
Advertising$17,897--$17,897
Fees for Services Other$14,527--$14,527
Other Expenses$11,872--$11,872
Total Functional Expenses$1,522,555$296,690$0$1,819,245
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$195,622
Fundraising Direct Expenses$16,889
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$195,622$195,622$16,889$178,733
Total Events$195,622$195,622$16,889$178,733
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Return is provided to board of directors to review before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of returns are kept on file at the administrative office and made available for review.

Filing and Contact Details

Filer

Filer Name
Monroe Educational Foundation
EIN
72-0681134
Phone
3183434185
Address
600 FINKS HIDEAWAY RD, MONROE, LA 71203

Signing Officer

Name
John Saye
Title
President
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Saye
Formed
1969
Legal Domicile
La
Voting Board Members
11
Independent Board Members
12
Employees
61

Preparer

Firm
Cameron Hines & Company APAC
Address
PO Box 2474, West Monroe, LA 71294
Preparer
Tashia M Hines CPA
Phone
3183231717
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03235
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt012425
IRS990/OccupancyGrp/ProgramServicesAmt0111572
IRS990/OccupancyGrp/TotalAmt0123997
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018987
IRS990/OfficeExpensesGrp/ProgramServicesAmt09
IRS990/OfficeExpensesGrp/TotalAmt018996
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIR & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1TECHNOLOGY
IRS990/OtherExpensesGrp/Desc2TEXTBOOKS
IRS990/OtherExpensesGrp/Desc3STUDENT ACTIVITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0133341
IRS990/OtherExpensesGrp/ProgramServicesAmt137180
IRS990/OtherExpensesGrp/ProgramServicesAmt212498
IRS990/OtherExpensesGrp/ProgramServicesAmt311872
IRS990/OtherExpensesGrp/TotalAmt0133341
IRS990/OtherExpensesGrp/TotalAmt137180
IRS990/OtherExpensesGrp/TotalAmt212498
IRS990/OtherExpensesGrp/TotalAmt311872
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0235552
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0973583
IRS990/OtherSalariesAndWagesGrp/TotalAmt01209135
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017324
IRS990/PayrollTaxesGrp/ProgramServicesAmt074485
IRS990/PayrollTaxesGrp/TotalAmt091809
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0801734
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0801734
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JOHN SAYE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01482635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01482635
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0564203
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0567850
IRS990/PYOtherRevenueAmt0189994
IRS990/PYProgramServiceRevenueAmt01548797
IRS990/PYRevenuesLessExpensesAmt0442365
IRS990/PYSalariesCompEmpBnftPaidAmt01292779
IRS990/PYTotalExpensesAmt01860629
IRS990/PYTotalRevenueAmt02302994
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt035118
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt03235
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-759626
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-724508
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0450587
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01453908
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01904495
IRS990ScheduleD/EquipmentGrp/BookValueAmt01490
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0366067
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0367557
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019213
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0105557
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124770
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0581290
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ADVERTISEMENTS PLACED IN ALL COMMUNITY NEWSPAPERS STATING THE SCHOOL'S NONDISCRIMINATORY POLICY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016889
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0195622
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0195622
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0195622
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0195622
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0178733
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt016889
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016889
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN IS PROVIDED TO BOARD OF DIRECTORS TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF RETURNS ARE KEPT ON FILE AT THE ADMINISTRATIVE OFFICE AND MADE AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02147998
IRS990/TotalAssetsEOYAmt02234217
IRS990/TotalAssetsGrp/BOYAmt02147998
IRS990/TotalAssetsGrp/EOYAmt02234217
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0189745
IRS990/TotalEmployeeCnt061
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0296690
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01522555
IRS990/TotalFunctionalExpensesGrp/TotalAmt01819245
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01581340
IRS990/TotalLiabilitiesEOYAmt01632441
IRS990/TotalLiabilitiesGrp/BOYAmt01581340

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.32$1.98$0.34$1.75$1.92$0.16
2024Detailed filing. Detailed filing data is available for this year.$2.23$1.72$0.51$2.25$2.29$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.19$1.63$0.55$1.92$1.97$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.23$1.63$0.60$1.85$1.82$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.15$1.58$0.57$2.30$1.86$0.44
2020Detailed filing. Detailed filing data is available for this year.$2.02$1.90$0.12$1.87$1.88$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.64$1.50$0.14$1.89$2.03$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.86$1.57$0.28$1.88$1.95$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.79$1.44$0.35$1.71$1.94$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.95$1.38$0.57$1.72$1.88$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.97$1.23$0.74$1.78$1.97$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.44$1.51$0.93$2.09$1.92$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$1.59$0.77$1.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$1.64$0.50$1.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$1.52$0.39$1.72