Monster Education Foundation Nfp: Nonprofit Profile, Financials & Form 990 (EIN 83-1880124)

Christine Toy’s $7K as Chief Operating Officer is at the 6th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021
Christine Toy	$7,200	$7,200	$7,200	$7,200	$6,000
Jennifer Chang	$1,800	$7,200	$5,000	$600	$600
Olawunmi Oduyebo	—	—	—	$2,400	—
Sarah Toy	—	—	—	$600	$600

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.

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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 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Invests in promising young leaders from under-resourced Chicago neighborhoods, empowering them for community service and future education.

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3 programs · $41K · in their own filed words · FY2025

01

Academic Program

Every Monster Scholar who enrolls in the program as a sixth grader receives a college scholarship account from MEF. Scholars may increase their scholarship accounts by giving back to their communities, participating in MEF events, and reporting their report card grades. The balance grows until the student graduates from high school.

$23Kprogram expense

02

Leadership Program

The MEF leadership program's primary purpose is to equip our students to be change agents and servant leaders in their communities. Each year, one of the primary activities that does this is the leadership conference. The 2025 leadership conference was held in October.

$13Kprogram expense

03

College Preparation- The purpose is to get our scholars ready for their post secondary ventures. We have several events throughout the year, outlined below are the 2 major event:1) College prep conference: Each class of scholars participates in a workshop specific to their needs.

$5Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record

Grants received · FY2024

The Chicago Community TrustFY2024$7K

Charities Aid Foundation AmericaFY2024$6K

Jpmorgan Chase FoundationFY2024$1K

Cigna FoundationFY2024$93

Total grants receivedfrom 4 funders$14K

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By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$172K

Ln 12

Gifts and grantsLn 1h$168K

Investment incomeLn 3$18K

Money outPt IX

$65K

Ln 25

Programscol B$51K

Managementcol C$14K

Owns and owesPt X

$515K

net assets · Ln 32

Cash and savingsLn 1–2$497K

Total assetsLn 16$527K

LiabilitiesLn 26$12K

PeoplePt VI, VII

11

listed · VII A

PaidVII A2

Voting boardVI 1a11

IndependentVI 1b11

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$168K

Government grantsLn 1e$0

Noncash giftsLn 1g$4K

Fundraising eventsLn 1c$98K

Investment incomeLn 3$18K

Total revenueLn 12$172K

Assets in detailPt X, end of year

CashLn 1$497K

Cash and savings togetherLn 1–2$497K

Total assetsLn 16$527K

LiabilitiesLn 26$12K

Net assetsLn 32$515K

OperationsPt I, VI

EmployeesI 50

VolunteersI 612

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$387K	$497K
Total assetsLn 16	$417K	$527K
LiabilitiesLn 26	$9K	$12K
Net assetsLn 32	$408K	$515K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$9K	$9K
Management feesLn 11a	$9K		$9K
Other fees for servicesLn 11g	$150	$150
Office expensesLn 13	$283	$73	$210
Information technologyLn 14	$6K	$6K
OccupancyLn 16	$3K	$3K
InsuranceLn 23	$1K	$41	$1K
Other expenses (24a–d)Ln 24	$36K	$33K	$3K	$0
Total functional expensesLn 25	$65K	$51K	$14K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$172K	$65K	$107K	$515K	990 PDF
FY2024	$137K	$65K	$72K	$408K	990 PDF
FY2023	$111K			$336K	990 PDF
FY2022	$142K			$289K	990 PDF
FY2021	$176K			$212K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $171,990 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $143,596$167,673

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $14,195$17,684

I-11 Other revenuePrior year −$21,140−$13,367

I-12 Total revenuePrior year $136,651$171,990

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $14,055$9,000

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $50,826$55,893

I-18 Total expensesPrior year $64,881$64,893

I-19 Revenue less expensesPrior year $71,770$107,097

Part VI · Governance 11 of 11 board members independent, 5 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members11

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $171,990 across 13 lines filed

Lines not itemized here account for $399 of total revenue; see the IRS return.

VIII-1a Federated campaigns$0

VIII-1b Membership dues$0

VIII-1c Fundraising events$97,642

VIII-1d Related organizations$0

VIII-1e Government grants$0

VIII-1f All other contributions, gifts and grants$70,031

VIII-1g Noncash contributions (included above)$4,394

VIII-1h Total contributions, gifts and grants$167,673

VIII-3 Investment incomeRelated to mission $17,684 · Unrelated business $0 · Excluded from tax $0$17,684

VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0

VIII-8 Net income from fundraising eventsUnrelated business −$13,796 · Excluded from tax $0−$13,796

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $30 · Unrelated business $0 · Excluded from tax $0$30

VIII-12 Total revenueRelated to mission $18,113 · Unrelated business −$13,796 · Excluded from tax $0$171,990

Part IX · Statement of functional expenses $64,893 across 8 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $9,000$9,000

IX-11a Management feesManagement $8,794$8,794

IX-11g Other fees for servicesPrograms $150$150

IX-13 Office expensesPrograms $73 · Management $210$283

IX-14 Information technologyPrograms $5,561$5,561

IX-16 OccupancyPrograms $3,452$3,452

IX-23 InsurancePrograms $41 · Management $1,426$1,467

IX-24 Other expenses (24a–d)Programs $32,992 · Management $3,194 · Fundraising $0$36,186

IX-25 Total functional expensesPrograms $51,269 · Management $13,624 · Fundraising $0$64,893

Part X · Balance sheet $526,781 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $386,895$496,781

X-4 Accounts receivableStart of year $30,000$30,000

X-16 Total assetsStart of year $416,895$526,781

X-17 Accounts payable and accrued expensesStart of year $9,027$11,816

X-26 Total liabilitiesStart of year $9,027$11,816

X-27 Net assets without donor restrictionsStart of year $356,085$455,572

X-28 Net assets with donor restrictionsStart of year $51,783$59,393

X-32 Total net assets or fund balancesStart of year $407,868$514,965

X-33 Total liabilities and net assetsStart of year $416,895$526,781

Part XI · Reconciliation of net assets $514,965 net assets at year end

XI-1 Total revenue$171,990

XI-2 Total expenses$64,893

XI-3 Revenue less expenses$107,097

XI-4 Net assets at start of year$407,868

XI-5 Net unrealized gains (losses) on investments$0

XI-6 Donated services and use of facilities$0

XI-7 Investment expenses$0

XI-8 Prior period adjustments$0

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$514,965

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

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