Monarch Elementary PTA FY2021 filing

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EIN 45-5171398 Public charity (501(c)(3)) Simpsonville, SC

Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2025

Revenue

$40K

FY2021

Expenses

$53K

FY2021

Monarch Elementary PTA Form 990 (PDF) Claim this org

Form 990 (PDF) Claim this org

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).

Supports students and faculty at Monarch Elementary with education and arts. For fiscal year 2021 it reported $40K in revenue, $53K in expenses, and $36K in net assets.Pt I

Type: Public charity (501(c)(3)) · Nonprofit
Location: Simpsonville, SC
Website: www.monarchpta.org
Filings: 5 on file (2021–2021)

Revenue

$40KFY2021

Expenses

$53K

Net assets

$36K

People

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

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Provided by the organization

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Size

<$100K

What they do

Supports students and faculty at Monarch Elementary with education and arts.

Leadership

Kim Banks · Treasurer

Money in and out

$40K revenue, $53K expenses

Bottom line

97% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Sprouts Healthy Communities Foundation

1 distinct foundation funder(s) on file, $25K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

97% to programs

97% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

<$100K

Revenue band <$100K. Not enough years on file for a trend. See detail →

Where the money goes · FY2021

Total revenue

$40K

Pt VIII · Ln 12

Total expenses

$53K

Pt IX · Ln 25

Net assets

$36K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$13K

Where spending went · Part IX cols B–D

97%

Program services $0.97 Management & general $0.03

Program efficiency

97%

of spending reaches programs

Operating runway

8.2mo

months of highly liquid reserves at operating expense rate

Surplus margin

-33%

revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2021 · Form 990

Total assets

$36K

FY2021

Total liabilities

FY2021

Revenue less expensesPt I · Ln 19−$13K

Total assetsPt X · Ln 16$36K

Program-expense ratioPt IX · col B97%

Voting members of governing bodyPt I · Ln 3875

Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File

Legal name (IRS)Hdr · item CMonarch Elementary PTA

EINHdr · item D45-5171398

Principal addressHdr · item CSimpsonville, SC

WebsiteHdr · item Jwww.monarchpta.org

Year of formationHdr · item Lpending

State of legal domicileHdr · item MSC

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFNonprofit

Ruling yearIRS BMFMay 1979

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a875

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12aNo

Whistleblower policyPt VI · Ln 13No

Document retention policyPt VI · Ln 14No

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

Kim Banks

Treasurer

$0Pt VII · Sec A

Ruby Durham

Recording Se

$0Pt VII · Sec A

Stephanie Franklin

VP Volunteer

$0Pt VII · Sec A

Lisa Furmanek

VP Business

$0Pt VII · Sec A

Angela Brian Godfrey

President

$0Pt VII · Sec A

Amelia Walker

VP Membershi

$0Pt VII · Sec A

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Mission & Programs · Part III

Where the work happens

3 program services account for $51K of program spending, described in the organization's own filed words · FY2020.

Faculty & Support

Funds are used to improve grounds, provide activities for staff and pay for health room supplies.

$32Kprogram expense

Curriculum & Classroom Support

Funds provide support for teachers and students for supplies, technology and related arts.

$14Kprogram expense

Student Development

Funds provide programs to enhance and supplement child development and learning.

$6Kprogram expense

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Statement of Revenue

Part VIII

Other revenue$35K · 88%

Contributions & grants$3K · 6%

Program service revenue$2K · 6%

Other revenue88%$35K

Contributions & grants6%$3K

Program service revenue6%$2K

Investment income$61

Total revenueLn 12$40K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

97%

Program services $0.97 Management & general $0.03

Program services97%$51K

Management & general3%$2K

Total functional expensesLn 25$53K

Balance Sheet

Part X · end of year

CashLn 1$36K

Total assetsLn 16$36K

Total liabilitiesLn 26$0

Total net assetsLn 32$36K

Months of cash on handcomputed8.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $36K · Operating expenses/yr $53K

8.2 months

Where the money goes

Program services

Program services $51K · Total expenses $53K

97%

Management & General

Management & general $2K · Total expenses $53K

Fundraising

Fundraising $0 · Total expenses $53K

Cost to raise $1

Fundraising expense $0 · Solicited contributions $3K

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $3K · Total revenue $40K

Government reliance

Government grants — · Total revenue $40K

—

Earned-income share

Program service revenue $2K · Total revenue $40K

Investment reliance

Investment income $61 · Total revenue $40K

+0.2%

Program self-sufficiency

Program service revenue $2K · Total expenses $53K

Growth & trend

Revenue growth (YoY)

This year $40K · Prior year —

No prior year on file

Net-asset trend (YoY)

End of year $36K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $40K · Expenses $53K

-33%

Liabilities-to-Assets

Total liabilities — · Total assets $36K

—

Net-asset ratio

Net assets $36K · Total assets $36K

100%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $36K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Kim Banks · Reported title TREASURER · Highest reported compensation $0 · Total expenses $53K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $53K

—

Peer comparison

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

Metric	This org	Peer median	Percentile
Program ratio	97%	—	—
Overhead ratio	3%	—	—
Fundraising cost ratio	0%	—	—

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 · FY2023

Sprouts Healthy Communities FoundationFY2023$25K

Total grants receivedfrom 1 funder$25K

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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)$92K revenue · ⤓ 990 PDF

FY2024$133K revenue · ⤓ 990 PDF

FY2023$117K revenue · ⤓ 990 PDF

FY2022$94K revenue · ⤓ 990 PDF

FY2021$40K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2021IRS

Classification, formation year, addressIRS Business Master File

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