Monadnock United Way INC

Tax-deductible

Keene, NH501(c)(3)Since 1969EIN 02-0236885Revenue $1.8M in FY2025

On file with the IRSmuw.org23 Center St, 03431-3351 · Keene, NHTax-exempt since Sep 1952Publicly supported — 509(a)(2)

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Monadnock United Way is dedicated to improving lives by mobilizing diverse partners and investing in programs and people to create long-lasting measurable change.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 130 volunteers and 21 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $65K a year · 4% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$122K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$56K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+10% vs prior year
Spent
$1.9M
To programs
84%
Net assets
$2.9M
By yearFY2020–FY2025
Revenue
$1.8M
FY2025▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.3M
FY2022$1.5M
FY2023$1.5M
FY2024$1.7M
FY2025$1.8M
Expenses
$1.9M
FY2025▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.5M
FY2022$1.8M
FY2023$1.8M
FY2024$1.6M
FY2025$1.9M
Net assets
$2.9M
FY2025▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$3.5M
FY2022$3.1M
FY2023$2.9M
FY2024$2.9M
FY2025$2.9M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1952.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.6M Management & general 3% · $53K Fundraising 13% · $253K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $122K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$122,051Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Liz Larose$122,051$110,000$110,000$109,307$91,197$93,958

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Monadnock United Way INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves lives by mobilizing partners and investing in programs for lasting change.

Questions for Monadnock United Way INC

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Provided by the organization

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3 programs · $1.6M · in their own filed words · FY2025
01

Impact and Investment

The monadnock united way has a unique investment process, which supports and encourages collective and collaborative efforts; focuses on both program-specific and collective achievement of outcomes that address our region's underlying issues for children, education and financial stability; and ensures fiscal and governance…

$732Kprogram expense
02

Community Building

Monadnock united way (muw) works collaboratively to address our community's needs in three focus areas: children, education and financial stability throughout every community in our region.

$712Kprogram expense
03

Impact Monadnock

Impact monadnock seeks to improve outcomes for all children in the monadnock region, from birth to age eight, and their families for future academic, career and life success. It was created in response to research indicating that early childhood development is one of the most critical factors determining the future of all citizens of the…

$154Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25
Grants paid · 74 grants · $4.6M · 2020–2025
Rise for Baby and FamilyNH · FY2025$338,179
The Community Kitchen INCNH · FY2025$108,398
Winchester Learning CenterNH · FY2025$99,708
Keene Day Care Center INCNH · FY2025$30,333
Walpole Village SchoolNH · FY2025$5,101
Rise for Baby and FamilyNH · FY2024$227,710
Winchester Learning CenterNH · FY2024$141,292
The Community Kitchen INCNH · FY2024$101,449
Keene Day Care Center INCNH · FY2024$32,311
Early Learning New HampshireNH · FY2024$10,000
Walpole Village SchoolNH · FY2024$5,934
Rise for Baby and FamilyNH · FY2023$228,620
See all 74 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Gifts and grantsLn 1h$1.7M
Investment incomeLn 3$84K
Other incomeLn 4–11$3K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.6M
Managementcol C$53K
Fundraisingcol D$253K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$2.9M
LiabilitiesLn 26$56K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Investment incomeLn 3$84K
Other incomeLn 4–11$3K
Gains on assetsLn 7$112
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$433K
SavingsLn 2$727K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$874K
Land, buildings, equipmentLn 10c$27K
Other assetsLn 15$370K
Total assetsLn 16$2.9M
LiabilitiesLn 26$56K
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 521
VolunteersI 6130
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.4M$1.2M
InvestmentsLn 11–13$819K$874K
Land, buildings, equipmentLn 10c$30K$27K
Total assetsLn 16$3.1M$2.9M
LiabilitiesLn 26$133K$56K
Net assetsLn 32$2.9M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$712K$712K
Pay of current officers, directors and key staffLn 5$132K$79K$9K$43K
Other salaries and wagesLn 7$440K$324K$20K$96K
Other employee benefitsLn 9$52K$35K$3K$14K
Payroll taxesLn 10$43K$28K$3K$12K
Legal feesLn 11b$2K$1K$112$538
Accounting feesLn 11c$18K$11K$1K$5K
Other fees for servicesLn 11g$5K$3K$286$1K
OccupancyLn 16$26K$17K$2K$8K
Conferences, conventions and meetingsLn 19$25K$18K$1K$6K
Payments to affiliatesLn 21$17K$11K$1K$5K
Depreciation, depletion and amortizationLn 22$8K$5K$472$2K
InsuranceLn 23$7K$4K$396$2K
Other expenses (24a–d)Ln 24$413K$349K$11K$53K
All other expensesLn 24e$16K$10K$956$5K
Total functional expensesLn 25$1.9M$1.6M$53K$253K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.8M$1.9M−$105K$2.9M 990 PDF
FY2024 $1.7M$1.6M$16K$2.9M 990 PDF
FY2023 $1.5M$1.8M−$284K$2.9M 990 PDF
FY2022 $1.5M$1.8M−$275K$3.1M 990 PDF
FY2021 $2.3M$1.5M$833K$3.5M 990 PDF
FY2020 $2.1M$1.9M$207K$2.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,809,808 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,578,252$1,722,585
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $68,893$83,893
I-11 Other revenuePrior year $5,187$3,330
I-12 Total revenuePrior year $1,652,332$1,809,808
I-13 Grants and similar amounts paidPrior year $647,442$711,689
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $577,775$667,257
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $411,330$535,919
I-18 Total expensesPrior year $1,636,547$1,914,865
I-19 Revenue less expensesPrior year $15,785−$105,057
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,809,808 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,722,585
VIII-1h Total contributions, gifts and grants$1,722,585
VIII-3 Investment incomeExcluded from tax $83,781$83,781
VIII-7 Net gain or loss on sales of assetsExcluded from tax $112$112
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,330$3,330
VIII-12 Total revenueRelated to mission $3,330 · Unrelated business $0 · Excluded from tax $83,893$1,809,808
Part IX · Statement of functional expenses $1,914,865 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $711,689$711,689
IX-5 Pay of current officers, directors and key staffPrograms $79,054 · Management $9,223 · Fundraising $43,480$131,757
IX-7 Other salaries and wagesPrograms $324,120 · Management $20,267 · Fundraising $95,544$439,931
IX-9 Other employee benefitsPrograms $34,837 · Management $3,070 · Fundraising $14,468$52,375
IX-10 Payroll taxesPrograms $28,183 · Management $2,627 · Fundraising $12,384$43,194
IX-11b Legal feesPrograms $1,265 · Management $112 · Fundraising $538$1,915
IX-11c Accounting feesPrograms $11,476 · Management $1,059 · Fundraising $5,120$17,655
IX-11g Other fees for servicesPrograms $3,098 · Management $286 · Fundraising $1,382$4,766
IX-16 OccupancyPrograms $17,069 · Management $1,576 · Fundraising $7,615$26,260
IX-19 Conferences, conventions and meetingsPrograms $17,865 · Management $1,168 · Fundraising $5,643$24,676
IX-21 Payments to affiliatesPrograms $11,174 · Management $1,031 · Fundraising $4,985$17,190
IX-22 Depreciation, depletion and amortizationPrograms $5,109 · Management $472 · Fundraising $2,279$7,860
IX-23 InsurancePrograms $4,295 · Management $396 · Fundraising $1,916$6,607
IX-24 Other expenses (24a–d)Programs $349,458 · Management $10,996 · Fundraising $52,588$413,042
IX-24e All other expensesPrograms $10,367 · Management $956 · Fundraising $4,625$15,948
IX-25 Total functional expensesPrograms $1,609,059 · Management $53,239 · Fundraising $252,567$1,914,865
Part X · Balance sheet $2,939,888 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,129,594$432,549
X-2 Savings and temporary cash investmentsStart of year $252,066$726,919
X-3 Pledges and grants receivableStart of year $504,271$505,521
X-9 Prepaid expenses and deferred chargesStart of year $1,311$4,539
X-10c Land, buildings and equipment, netStart of year $30,253$26,874
X-11 Publicly traded securitiesStart of year $819,290$873,656
X-15 Other assetsStart of year $333,395$369,830
X-16 Total assetsStart of year $3,070,180$2,939,888
X-17 Accounts payable and accrued expensesStart of year $97,122$29,783
X-18 Grants payableStart of year $35,655$26,538
X-26 Total liabilitiesStart of year $132,777$56,321
X-27 Net assets without donor restrictionsStart of year $1,367,664$1,305,508
X-28 Net assets with donor restrictionsStart of year $1,569,739$1,578,059
X-32 Total net assets or fund balancesStart of year $2,937,403$2,883,567
X-33 Total liabilities and net assetsStart of year $3,070,180$2,939,888
Part XI · Reconciliation of net assets $2,883,567 net assets at year end
XI-1 Total revenue$1,809,808
XI-2 Total expenses$1,914,865
XI-3 Revenue less expenses−$105,057
XI-4 Net assets at start of year$2,937,403
XI-5 Net unrealized gains (losses) on investments$51,221
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,883,567

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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