Civic Intelligence

Monarch Joint Venture

990 • Fiscal year 2023 • EIN 83-1343107

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 26, 2024

2233 University Ave W 426St Paul, MN 55114

(651) 222-7631

Siviq Scores

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

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

82nd percentile

30%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

76th percentile

$123,407

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

95th percentile

126%

Faster asset growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,728,594

Up $962,181 (+126%) from 2022

Net Assets

Up

$1,580,231

Up $918,929 (+139%) from 2022

Liabilities

Up

$148,363

Up $43,252 (+41%) from 2022

Revenue

Up

$3,045,625

Up $1,317,368 (+76%) from 2022

Expenses

Up

$2,143,337

Up $510,566 (+31%) from 2022

Net Income

Up

$902,288

Up $806,802 (+845%) from 2022

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 2018: $28,833Liabilities 2018: $02018Assets 2019: $341,588Liabilities 2019: $15,393Net Assets 2019: $326,1952019Assets 2020: $373,836Liabilities 2020: $7,076Net Assets 2020: $366,7602020Assets 2021: $601,210Liabilities 2021: $35,394Net Assets 2021: $565,8162021Assets 2022: $766,413Liabilities 2022: $105,111Net Assets 2022: $661,3022022Assets 2023: $1,728,594Liabilities 2023: $148,363Net Assets 2023: $1,580,2312023Assets 2024: $2,951,217Liabilities 2024: $218,824Net Assets 2024: $2,732,3932024

Highlighted filing

2023

Assets$1,728,594
Liabilities$148,363
Net Assets$1,580,231

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2018: $36,388Expenses 2018: $7,555Net Income 2018: $28,8332018Revenue 2019: $873,457Expenses 2019: $576,095Net Income 2019: $297,3622019Revenue 2020: $995,150Expenses 2020: $954,585Net Income 2020: $40,5652020Revenue 2021: $1,400,668Expenses 2021: $1,201,612Net Income 2021: $199,0562021Revenue 2022: $1,728,257Expenses 2022: $1,632,771Net Income 2022: $95,4862022Revenue 2023: $3,045,625Expenses 2023: $2,143,337Net Income 2023: $902,2882023Revenue 2024: $4,139,452Expenses 2024: $3,020,813Net Income 2024: $1,118,6392024

Highlighted filing

2023

Revenue$3,045,625
Expenses$2,143,337
Net Income$902,288
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 26, 2024
Return Version
2023v5.1
Gross Receipts
$3,045,625
Mission and Program Overview

Mission

Our mission is to protect monarchs and their migration by collaborating with partners to deliver habitat conservation, education, and science across the united states.

To protect monarchs and their migration by collaborating with partners to deliver habitat conservation, education, and science across the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,827$371,496▲ $341,669
Pledges and Grants Receivable$524,509$368,413▼ $156,096
Cash and Non-Interest-Bearing Accounts$70,811$240,644▲ $169,833
Savings and Temporary Cash Investments$38,071$89,624▲ $51,553
Intangible Assets$76,941--
Accounts Receivable-$46,628-
Inventories for Sale or Use$12,685$27,698▲ $15,013
Prepaid Expenses and Deferred Charges$8,340$13,589▲ $5,249
Total Assets$766,413$1,728,594▲ $962,181
Other Assets Total$5,229$570,502▲ $565,273
Liabilities
Accounts Payable and Accrued Expenses$14,081$84,441▲ $70,360
Other Liabilities$91,030$46,922▼ $44,108
Deferred Revenue-$17,000-
Total Liabilities$105,111$148,363▲ $43,252
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$513,670$1,422,148▲ $908,478
Net Assets With Donor Restrictions$147,632$158,083▲ $10,451
Total Net Assets Fund Balance$661,302$1,580,231▲ $918,929
Total Liabilities and Net Assets / Fund Balance$766,413$1,728,594▲ $962,181

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$357,267$33,388$390,655
Equipment$14,229$12,329$26,558
Other Assets Org$46,012--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$147,632$296,692-$286,241$158,083
2022$44,569$179,414-$76,351$147,632
2021$58,657$60,000-$74,088$44,569
2020$0$58,657--$58,657
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy CaldwellExecutive DirectorFT$76,891$46,516$123,407

Board Members and Trustees

NameTitle
Dana BoyleBoard Chair
Thelma RedickBoard Chair, Vice Chair
Ann HobbieDirector
Court WhelanDirector
Doug CameronDirector
Grant BowersDirector
Joshua MuticDirector
Maxwell SchwartzDirector
Sandy LawDirector
Sheila Williams RidgeDirector
Beth LebowDirector (ex Officio)
Liz GoehringSecretary
Jan SharpTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Simple Business Automation LLCData Management Services3560 40TH ST SW, Waverly, MN 55390$401,286
Revenue and Support

Revenue Composition

Contributions and Grants
$2,958,216
Program Service Revenue
$79,848
Investment Income
$2,561
Other Revenue
$5,000
All Other Contributions
$949,485
Change in Net Assets
$902,288

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,045,625
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,641
Total Revenue per Audited Statements
$3,062,266
Total Revenue per Form 990
$3,045,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,289,833
Other Expenses$629,053
Grants and Similar Amounts Paid$224,451
Total Fundraising Expense$126,327
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$824,280$79,366$83,987$987,633
Grants to Domestic Orgs$224,451--$224,451
Current Officers, Directors, Trustees, and Key Employees$62,938$45,661$14,809$123,408
Travel$106,996$835$434$108,265
Other Employee Benefits$81,879$14,680$2,523$99,082
Payroll Taxes$59,415$16,252$4,043$79,710
All Other Expenses$26,403$12,687$1,047$40,137
Information Technology$4,001$22,857$6,975$33,833
Occupancy$15,753$12,679$1,333$29,765
Office Expenses$11,220$9,834$8,397$29,451
Depreciation Depletion$10,891$12,220-$23,111
Insurance-$17,759-$17,759
Fees for Services Accounting-$15,618-$15,618
Other Expenses$12,810$11,229$349$11,229
Advertising$1,340$292$2,430$4,062
Fees for Services Legal$3,662--$3,662
Total Functional Expenses$1,744,423$272,587$126,327$2,143,337

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,143,337
Total Expenses per Audited Statements$2,143,337
Total Expenses per Form 990$2,143,337
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sand County FoundationMadison, WI501(c)(3)Partner Program Grant$39,178
Western Association of Fish and Wildlife Agencies (wafwa)washington StateBoise, ID501(c)(4)Partner Program Grant$31,398
California Assocation of Resource Conservation Districts (carcd)Folsom, CA501(c)(3)Partner Program Grant$27,884
Pheasantsquail ForeverSaint Paul, MN501(c)(3)Partner Program Grant$25,207
Metro BloomsMinneapolis, MN501(c)(3)Partner Program Grant$23,555
Pollinator Protection Fund of Laguna BeachLaguna Beach, CA501(c)(3)Partner Program Grant$21,500
Xerces Society for Invertebrate ConservationPortland, OR501(c)(3)Partner Program Grant$20,000
Usa-national Phenology Network University of ArizonaTucson, AZ501(c)(3)Partner Program Grant$14,074
Polllinator PartnershipSan Francisco, CA501(c)(3)Parner Pgo$6,817
University of Wisconsin ArboretumMadison, WI501(c)(3)Partner Program Grant$6,668
Cibolo Center for ConservationBoerne, TX501(c)(3)Partner Program Grant$6,036
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$46,922
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

The return is provided to all board members for review before filing.

Form 990, Part VI, Section B, Line 12C

A formal request is issued annually during the annual meeting for everyone involved with the organization to evaluate the potential for a conflict of interest. If it is determined there is a potential conflict, the individual is required to fill out a form detailing the potential conflict. In addition, board members are expected to disclose a onflict of interest that appears at any time during the year, and not just annually.

Form 990, Part VI, Section B, Line 15

The board approves the executive director's compensation. The amount is based on research of appropriate compensation level based on other similar nonprofit executive director salaries.

Form 990, Part VI, Section C, Line 19

Governing documents are available to the public upon request.

Form 990, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Monarch Joint Venture
EIN
83-1343107
Phone
6512227631
Address
2233 UNIVERSITY AVE W 426, ST PAUL, MN 55114

Signing Officer

Name
Wendy Caldwell
Title
Executive Director
Phone
6512227631
Signed
2024-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Caldwell
Formed
2018
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
12
Employees
26
Volunteers
13

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX STREET SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process was not changed from prior year.

FORM 990, PART XII, LINE 2C:

The process was not changed from prior year.

Form 990, Part III, 4A Program Accomplishments

As a leader in monarch and pollinator conservation, the mjv supports monarch conservation planning and implementation efforts on a broad scale by facilitating information sharing, partnership building, and carrying out identified conservation priorities. Some of our primary activities and accomplishments include convening a national network meeting annually, drawing over 200 professionals from across the country to learn, network, and advance conservation priorities and cross-sector collaboration. Throughout the year, we facilitate partnership through online tools, working groups, and regional meet-ups. We provide clear, concise, and vetted information and presentations to ensure our network and followers receive science-informed guidance. When funds are available, we support our network of partners with funds to advance goals within the monarch conservation implementation framework. To advance our conservation goals, our program team works directly with land managers across land use sectors (agriculture, energy and transportation, corporate, public, residential), our education team works with educational institutions and directly with educators and students to apply our curriculum and other courses, and our science team administers and applies three national science protocols to advance our understanding of monarchs and their habitats. To reach our nation's ambitious monarch and habitat targets, commitments from diverse stakeholders are required. The mjv works to recruit, educate, engage, and inspire to action a broad spectrum of individuals and entities nationwide.

Financial Statement Notes

PART X, LINE 2:

In accounting for uncertainty in income taxes, accounting standards require an entity to recognize the financial statement impact of a tax position when it is more-likely-than-not that the position will not be sustained upon examination. Management has evaluated the organization's tax positions and concluded no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance were taken.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE MONARCH JOINT VENTURE IS A NONPROFIT ORGANIZATION THAT FACILITATES A NATIONAL PARTNERSHIP OF FEDERAL AND STATE AGENCIES, OTHER NONPROFITS, COMMUNITY GROUPS, BUSINESSES, AND ACADEMIC PROGRAMS WORKING TOGETHER TO CONSERVE MONARCH BUTTERFLIES, OTHER POLLINATORS, AND THE HABITAT THAT SUSTAINS THEM. SINCE 2008, THE MJV HAS BROUGHT A NETWORK OF COLLABORATORS TOGETHER FROM ACROSS THE UNITED STATES TO ADVANCE THESE SCIENCE-BASED CONSERVATION, EDUCATION, SCIENTIFIC, AND COLLABORATIVE GOALS. THESE ACTIONS ARE ORGANIZED IN A REGULARLY UPDATED MONARCH CONSERVATION IMPLEMENTATION FRAMEWORK, WHICH SERVES A GUIDE TO CONSERVATION PLANNING FOR INDIVIDUALS, PARTNERS, AND OTHER INTERESTED PARTIES NATIONALLY.
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