Monmouth Cares Inc
- Assets
- $9.3m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 143
- Location
- West Long Branch, NJ
- Founding
- 05/2001
- Data as of
- 06/2023
- EIN
- 22-3769040
Organization Overview
Monmouth Cares Inc is located in West Long Branch, NJ. The organization was established in 2001. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Monmouth Cares Inc employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monmouth Cares Inc 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 06/2023, Monmouth Cares Inc generated $14.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $13.2m during the year ending 06/2023. While expenses have increased by 11.1% per year over the past 7 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 2017, Monmouth Cares Inc has awarded 11 individual grants totaling $242,915. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP CHILDREN WITH EMOTIONAL AND BEHAVIORAL CHALLENGES AND OTHER COMPLEX NEEDS AND SERVICE THEIR FAMILIES AS NEEDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING COMMUNITY BASED CARE MANAGEMENT SERVICES USING A TEAM BASED APPROACH FOR FAMILIES WITH CHILDREN WHO HAVE EMOTIONAL AND BEHAVIORIAL CHALLENGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Collins Executive Director | Officer | 40 | $154,280 |
Noreen Felicelli Director Of Operations | 1 | $117,219 | |
Joseph Smolinski Clinical Consultant/ Corp | 1 | $112,633 | |
Chuni Li Director Of Organizational Effectiveness | 1 | $111,978 | |
Ann Chapman Director Of Finance | Officer | 40 | $111,067 |
Therese T Hendrickson Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,691,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,577 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,696,100 |
| Total Program Service Revenue | $11,856,387 |
| Investment income | $111,916 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,664,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,687 |
| Grants and other assistance to domestic individuals. | $377,205 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $355,749 |
| Compensation of current officers, directors, key employees. | $355,749 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,471,909 |
| Pension plan accruals and contributions | $745,233 |
| Other employee benefits | $1,889,128 |
| Payroll taxes | $625,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $104,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $189,256 |
| Advertising and promotion | $0 |
| Office expenses | $313,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $651,805 |
| Travel | $65,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,265 |
| Insurance | $84,885 |
| All other expenses | $0 |
| Total functional expenses | $13,232,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,960,964 |
| Savings and temporary cash investments | $3,591,138 |
| Pledges and grants receivable | $27,507 |
| Accounts receivable, net | $2,309,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,677 |
| Net Land, buildings, and equipment | $193,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,140,483 |
| Total assets | $9,336,621 |
| Accounts payable and accrued expenses | $1,566,261 |
| Grants payable | $0 |
| Deferred revenue | $1,801,830 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,138,440 |
| Total liabilities | $4,506,531 |
| Net assets without donor restrictions | $4,812,010 |
| Net assets with donor restrictions | $18,080 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,336,621 |
Grants Awarded
Over the last fiscal year, Monmouth Cares Inc has awarded $68,687 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PARENTS INC PURPOSE: COMMUNITY RESOURCE DEVELOPMENT | $37,540 |
INTEGRATED CARE CONCEPTS & CONSULTATION LLC PURPOSE: COMMUNITY RESOURCE DEVELOPMENT | $21,147 |
COLLIER YOUTH SERVICES PURPOSE: COMMUNITY RESOURCE DEVELOPMENT | $10,000 |