Monadnock Trust EIN 04-6066555

Monadnock Trust

EIN  04-6066555 Public charity (501(c)(3)) Gardner, MA Founded 1929
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Provides environmental education and personal growth through summer camps and real estate facilities for youth.
Leadership
Jay Drake · Trustee
Money in and out
$23K revenue, $7K expenses
Bottom line
100% program efficiency

Provides environmental education and personal growth through summer camps and real estate facilities for youth. For fiscal year 2025 it reported $23K in revenue, $7K in expenses, and $2.0M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$7K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
849.7mo
months of highly liquid reserves at operating expense rate▲ +19% vs prior filing year
Surplus margin
+70%
revenue over expenses, this year▼ -23% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$23K
FY2025▼ -73%
Expenses
$7K
FY2025▼ -14%
Total assets
$2.0M
FY2025▲ +1%
Total liabilities
$0
FY2025
Total revenue
$23K
Pt VIII · Ln 12
Total expenses
$7K
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $7K of program spending, described in the organization's own filed words · FY2025.
01

The organization is an exempt organization under 26 usc 501(c)(3). The organization made its real estate available to groups and organizations for summer camp, educational and recreational purposes.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMonadnock Trust
EINHdr · item D04-6066555
Principal addressHdr · item CGardner, MA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1929
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFApr 1966

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$20K · 90%
Investment income$13K · 58%
Contributions & grants90%$20K
Investment income58%$13K
Total revenueLn 12$23K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$7K
Total functional expensesLn 25$7K

Balance Sheet

Part X · end of year
CashLn 1$106K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.0M
Months of cash on handcomputed183.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $491K · Operating expenses/yr $7K
849.7 months
Where the money goes
Program services
Program services $7K · Total expenses $7K
100%
Management & General
Management & general $0 · Total expenses $7K
0%
Fundraising
Fundraising $0 · Total expenses $7K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $45K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $20K · Total revenue $23K
90%
Government reliance
Government grants — · Total revenue $23K
Earned-income share
Program service revenue $0 · Total revenue $23K
0%
Investment reliance
Investment income $13K · Total revenue $23K
+58%
Program self-sufficiency
Program service revenue $0 · Total expenses $7K
0%
Growth & trend
Revenue growth (YoY)
This year $23K · Prior year $86K
-73%
Revenue CAGR
FY2020 $392K · FY2025 $23K
-43%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $23K · Expenses $7K
+70%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $385K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
19%
People & payroll
Highest Reported Total Compensation
Individual Jay Drake · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $7K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $7K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -73%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$83K
Grants paid · 1 grant · $15K · 2020–2020
Monadnock Trust INCMA · FY2020$15,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$23K revenue · viewing · ⤓ 990 PDF
FY2024$86K revenue · ⤓ 990 PDF
FY2023$42K revenue · ⤓ 990 PDF
FY2022$66K revenue · ⤓ 990 PDF
FY2021$41K revenue · ⤓ 990 PDF
FY2020$392K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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