Monmouth University Inc

Organization Overview

Monmouth University Inc, operating under the name Monmouth University, is located in West Long Branch, NJ. The organization was established in 1958. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Monmouth University employed 3,002 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monmouth University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Monmouth University generated $255.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $256.1m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Monmouth University has awarded 25 individual grants totaling $1,637,023. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION (CONTINUED ON SCH. O)

Describe the Organization's Program Activity:

SEE SCHEDULE OHIGHER EDUCATION, RESEARCH AND PUBLIC SERVICE: MONMOUTH UNIVERSITY'S 170.21-ACRE CAMPUS IS LOCATED IN WEST LONG BRANCH ALONG NEW JERSEY'S NORTHERN COASTLINE, AND APPROXIMATELY ONE HOUR FROM BOTH NEW YORK CITY AND PHILADELPHIA. MONMOUTH IS A PRIVATE UNIVERSITY THAT OFFERS INNOVATIVE ACADEMIC PROGRAMS INCLUDING 33 BACHELOR'S DEGREES, 23 MASTER'S DEGREES AND 3 DOCTORAL DEGREES THROUGH THE SIX ACADEMIC SCHOOLS OF LEON HESS BUSINESS SCHOOL, EDUCATION, HUMANITIES AND SOCIAL SCIENCES, NURSING AND HEALTH STUDIES, SCIENCE, AND SOCIAL WORK AND ALSO HAS AN HONORS SCHOOL.AT MONMOUTH UNIVERSITY, THERE ARE FIVE UNIQUE ORGANIZATIONS, KNOWN AS CENTERS OF DISTINCTION, WHICH WORK TO PROMOTE AWARENESS OF SPECIFIC ISSUES AND MEET THE NEEDS OF LOCAL AND GLOBAL COMMUNITIES. MONMOUTH'S CENTERS OF DISTINCTION - THE INSTITUTE OF HEALTH AND WELLNESS (IHW), THE POLLING INSTITUTE, THE URBAN COAST INSTITUTE, THE KISLAK REAL ESTATE INSTITUTE, AND THE CENTER OF THE ARTS - PROVIDE IMPORTANT SERVICES IN AREAS SUCH AS THE ENVIRONMENT, GLOBAL AFFAIRS, AND PUBLIC POLICY AS WELL AS HANDS-ON LEARNING OPPORTUNITIES FOR THE STUDENTS.MONMOUTH IS ACCREDITED BY THE MIDDLE STATES COMMISSION OF HIGHER EDUCATION AND HOLDS SPECIALIZED ACCREDITATIONS WITH THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB), ENGINEERING ACCREDITATION COMMISSION OF ABET, COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), COUNCIL ON SOCIAL WORK EDUCATION (CSWE), NATIONAL COUNCIL FOR ACCREDITATION FOR EDUCATOR PREPARATION (CAEP), COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS (CACREP) (MSED AND MS CLINICAL MENTAL HEALTH COUNSELING), NATIONAL ADDICTION STUDIES ACCREDITATION COMMISSION (NASAC) (MA ADDICTION STUDIES), COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY (CAA) OF THE AMERICAN SPEECH AND-LANGUAGE HEARING ASSOCIATION (MSED SPEECH-LANGUAGE PATHOLOGY), ACCREDITATION REVIEW COMMISSION ON EDUCATION FOR THE PHYSICIAN ASSISTANT, INC. (ARC-PA) (ACCREDITATION CONTINUED STATUS), ON THE APPROVED LIST OF THE AMERICAN CHEMICAL SOCIETY (ACS) BS CHEMISTRY WITH A CONCENTRATION IN ADVANCED CHEMISTRY AND THE CERTIFICATE IN APPLIED BEHAVIOR ANALYSIS IS THE COURSE SEQUENCE APPROVED BY THE BEHAVIOR ANALYST CERTIFICATION BOARD TO BE ELIGIBLE TO TAKE THE BOARD CERTIFIED BEHAVIOR ANALYST EXAMINATION.MONMOUTH'S FALL 2020 STUDENT ENROLLMENT WAS 4,264 UNDERGRADUATE (96% FULL-TIME) AND 1,411 GRADUATE STUDENTS (43% FULL-TIME) WHO REPRESENTED 34 STATES AND 33 COUNTRIES. MONMOUTH EMPLOYS 311 FULL-TIME FACULTY OF WHOM 75% HAVE EARNED THEIR TERMINAL DEGREE. MONMOUTH STUDENTS RECEIVE INDIVIDUALIZED FACULTY ATTENTION WITH A 12:1 STUDENT-TO-FACULTY RATIO AND AVERAGE CLASS SIZES OF 19 FOR UG OR 13 FOR GR. MONMOUTH'S RIGOROUS EDUCATION, WHICH HAS FOUNDATION IN THE LIBERAL ARTS AND AN EMPHASIS ON TRANSFORMATIVE LEARNING IN AND OUTSIDE OF THE CLASSROOM, INCLUDES AN EXPERIENTIAL EDUCATION DEGREE REQUIREMENT FOR ALL UNDERGRADUATE STUDENTS. THE MONMOUTH EXPERIENCE EMPHASIZES CULTURAL AND GLOBAL LITERACY IN THE CURRICULA AND THROUGH OUR STUDY ABROAD AND SERVICE LEARNING OPPORTUNITIES. MONMOUTH IS THE ONLY NEW JERSEY INSTITUTION TO OFFER THE PEACE CORPS VOLUNTARY PREPARATION PROGRAM. MONMOUTH'S FIRST-YEAR RETENTION IS 80.4% AND OUR SIX-YEAR GRADUATION RATE IS 74.4%.MONMOUTH'S BEAUTIFUL COASTAL RESIDENTIAL CAMPUS HOUSES AS MANY AS 1,915 STUDENTS ON CAMPUS OR IN UNIVERSITY-OWNED OR SPONSORED OFF-CAMPUS BUILDINGS AND SITS AT THE HEART OF A VIBRANT CULTURE RICH IN HISTORY, THE ARTS, TECHNOLOGY AND ENTREPRENEURSHIP. OUR RENOWNED FACULTY ARE ACTIVELY INVOLVED IN ADVANCING ACADEMIC RESEARCH NATIONWIDE WHILE ENCOURAGING MEANINGFUL COMMUNITY INVOLVEMENT AND CRITICAL THINKING FOR SELF-FULFILLMENT. MONMOUTH HAS 23 DIVISION I NCAA ATHLETIC TEAMS, 14 CLUB SPORTS, AND 12 INTRAMURAL SPORTS. IN ADDITION TO ATHLETICS THERE ARE OVER 130 CLUBS, 31 ACADEMIC/LEADERSHIP HONOR SOCIETIES, GREEK LIFE, A RADIO STATION, A TELEVISION STATION, AND AN AWARD WINNING STUDENT NEWSPAPER. THE ACADEMIC NEEDS OF STUDENTS ARE SUPPORTED BY THE CENTER FOR STUDENT SUCCESS WITH SERVICES THAT INCLUDE ACADEMIC ADVISING, ACADEMIC TRANSITIONS, TUTORIAL AND WRITING SERVICES AND PEER-ASSISTED LEARNING.OUR PROGRESS HAS BEEN WIDELY RECOGNIZED IN ANNUAL RANKINGS OF HIGHER EDUCATION, INCLUDING THE PRINCETON REVIEW'S LIST OF "BEST COLLEGES," MONEY MAGAZINE'S "BEST COLLEGES, AND IS A CLIMBING UNIVERSITY IN THE U.S. NEWS & WORLD REPORT FOR THE LAST SEVENTEEN YEARS. MONMOUTH UNIVERSITY IS ALSO RECOGNIZED IN WASHINGTON MONTHLY'S ANNUAL COLLEGE RANKINGS THAT ARE BASED ON OVERALL CONTRIBUTION TO THE PUBLIC GOOD IN THREE BROAD CATEGORIES: SOCIAL MOBILITY, RESEARCH AND PROVIDING OPPORTUNITIES FOR PUBLIC SERVICE.FOR ADDITIONAL INFORMATION, PLEASE VISIT OUR WEBSITE AT WWW.MONMOUTH.EDU.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Compass Group Usa Inc Dba Gourmet Din
Food Service
$5,172,605
Gb Contracting Inc
Contractors
$922,035
Corporate Incentives Inc Dba Ci-group
Advertising
$465,700
Braun Research
Polling Stats
$734,191
Convergeone Inc Nw 5806
Phone System Maintenance
$349,232
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$47,500
Membership dues$0
Fundraising events$146,450
Related organizations$27,106
Government grants $12,399,362
All other contributions, gifts, grants, and similar amounts not included above$6,134,658
Noncash contributions included in lines 1a–1f $775,957
Total Revenue from Contributions, Gifts, Grants & Similar$18,755,076
Total Program Service Revenue$228,311,212
Investment income $2,104,575
Tax Exempt Bond Proceeds $0
Royalties $16,184
Net Rental Income $439,010
Net Gain/Loss on Asset Sales $5,955,798
Net Income from Fundraising Events $20,848
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $255,716,503

Grants Awarded

Over the last fiscal year, Monmouth University Inc has awarded $750,432 in support to 3 organizations.

Grant RecipientAmount

HUDSON RIVER FOUNDATION FOR SCIENCE AND ENVIRONMENT

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$638,130

CITY OF LONG BRANCH

PURPOSE: GENERAL SUPPORT

$75,825

BOROUGH OF WEST LONG BRANCH

PURPOSE: GENERAL SUPPORT

$36,477
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Monmouth University Inc has recieved totaling $6,500.

Awarding OrganizationAmount
The Sambol Family Foundation Inc

Juniper Inlet Colony, FL

PURPOSE: PROGRAM OR PUBLIC SUPPORT

$5,000
Michelli Family Foundation Inc

Wayside, NJ

PURPOSE: ATHLETICS

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$108,463,000
Earnings$31,389,000
Net Contributions$2,762,000
Other Expense$3,148,000
Grants$1,496,000
Ending Balance$137,970,000

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Seton Hall University
South Orange, NJ
$473,034,000
Duquesne University Of The Holy Spirit
Pittsburgh, PA
$434,180,406

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