Monomy Comunity Services EIN 23-7283451

Monomy Comunity Services FY2024 filing

EIN  23-7283451 Public charity (501(c)(3)) Chatham, MA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers education, social services, mental health support, and children's activities for the Chatham community.
Leadership
Shane Coughlin · Director
Money in and out
$865K revenue, $616K expenses
Bottom line
79% program efficiency

Offers education, social services, mental health support, and children's activities for the Chatham community. For fiscal year 2024 it reported $865K in revenue, $616K in expenses, and $1.3M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$865K
Pt VIII · Ln 12
Total expenses
$616K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $249K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.19 Fundraising $0.02
Program efficiency
79%
of spending reaches programs
Operating runway
24.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$865K
FY2024▲ +18%
Expenses
$616K
FY2024▲ +11%
Total assets
$1.4M
FY2024▲ +45%
Total liabilities
$51K
FY2024▲ +234%
Total revenue
$865K
Pt VIII · Ln 12
Total expenses
$616K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$249K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $484K of program spending, described in the organization's own filed words · FY2023.
01

Childrens programs-provide affordable after school care, summer camp and operate a youth center providing programs, activities and events for the town of chatham. Also run a preschool voucher program and resource center.

$467Kprogram expense
02

Counseling

Individual, family, and or group mental health counseling programs for all chatham residents in need.

$18Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMonomy Comunity Services
EINHdr · item D23-7283451
Principal addressHdr · item CChatham, MA
WebsiteHdr · item Jmonomoy.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P400)
Ruling yearIRS BMFMay 1973

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$390K · 45%
Contributions & grants$384K · 44%
Other revenue$58K · 7%
Investment income$33K · 4%
Program service revenue45%$390K
Contributions & grants44%$384K
Other revenue7%$58K
Investment income4%$33K
Total revenueLn 12$865K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.19 Fundraising $0.02
Program services79%$484K
Management & general19%$118K
Fundraising2%$13K
Total functional expensesLn 25$616K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.4M
Total liabilitiesLn 26$51K
Total net assetsLn 32$1.3M
Months of cash on handcomputed23.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $616K
24.5 months
Where the money goes
Program services
Program services $484K · Total expenses $616K
79%
Management & General
Management & general $118K · Total expenses $616K
19%
Fundraising
Fundraising $13K · Total expenses $616K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $12K · Solicited contributions (2-yr avg) $352K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $384K · Total revenue $865K
44%
Government reliance
Government grants — · Total revenue $865K
Earned-income share
Program service revenue $390K · Total revenue $865K
45%
Investment reliance
Investment income $33K · Total revenue $865K
+4%
Program self-sufficiency
Program service revenue $390K · Total expenses $616K
63%
Growth & trend
Revenue growth (YoY)
This year $865K · Prior year $731K
+18%
Revenue CAGR
FY2019 $863K · FY2023 $865K
0%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $865K · Expenses $616K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.3M · Total assets $1.4M
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $60K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
4%
People & payroll
Highest Reported Total Compensation
Individual Shane Coughlin · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $616K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $321K · Total expenses $616K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 19%
Fundraising cost ratio 4%
Revenue growth 18%
Accounting fee ratio 3%

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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$128K

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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)$885K revenue · ⤓ 990 PDF
FY2024$865K revenue · viewing · ⤓ 990 PDF
FY2023not on file
FY2022$731K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$863K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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