Monarch Family Services
- Assets
- $725.1k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 52
- Location
- Houston, TX
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-1813490
Organization Overview
Monarch Family Services is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Monarch Family Services employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monarch Family Services 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 12/2021, Monarch Family Services generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.5% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADOPTION AND FOSTER CARE SERVICES WITH RELATED ACTIVITIES SUCH AS PYSCHOLOGICAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADOPTION FOSTER CARE AND RELATED ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Valerie Jackson Executive Director | OfficerTrustee | 40 | $129,000 |
Dr Joyce Huffman President | OfficerTrustee | 2 | $0 |
Joy Jones Secretary | Officer | 2 | $0 |
Shareen Nash Treasurer | Officer | 2 | $0 |
Tyesha Elam Legal Advisor | Officer | 2 | $0 |
Dr Desi Rios Researcher/data Analyst | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,180,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,180,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,180,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,262,088 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,147,575 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,180 |
| Payroll taxes | $266,932 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,557 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,333 |
| Advertising and promotion | $0 |
| Office expenses | -$18,808 |
| Information technology | $1,689 |
| Royalties | $0 |
| Occupancy | $57,359 |
| Travel | $1 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,776 |
| Interest | $13 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $70,836 |
| All other expenses | $276 |
| Total functional expenses | $4,998,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $725,146 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $725,146 |
| Accounts payable and accrued expenses | $2,089 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $297,291 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $299,380 |
| Net assets without donor restrictions | $542,079 |
| Net assets with donor restrictions | -$116,313 |
| 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 | $725,146 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Monarch Family Services has recieved totaling $182,433.
| Awarding Organization | Amount |
|---|---|
Houston Endowment Inc Houston, TX PURPOSE: GENERAL OPERATING SUPPORT | $150,000 |
Texas Center For Child And Family Studies Austin, TX PURPOSE: PROVIDE ASSISTANCE FOR ADDITIONAL EXPENDITURES RELATED TO COVID-19 VIRUS. | $17,433 |
Wayne And Jo Ann Moore Charitablefoundation Midland, TX PURPOSE: OPERATING EXPENSES | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lena Pope Home Inc Fort Worth, TX | $41,084,860 | $20,269,291 |
Crossroads Youth & Family Services Inc Norman, OK | $6,187,416 | $14,829,861 |
Any Baby Can Of Austin Inc Austin, TX | $8,962,977 | $14,873,407 |
Vans Kiddie Care Incorporated New Iberia, LA | $1,467,378 | $10,445,332 |
Agenda For Children Inc New Orleans, LA | $5,603,740 | $8,555,608 |
Covenant House New Orleans New Orleans, LA | $11,959,042 | $8,505,240 |
Communities In Schools Of North Texas Inc Lewisville, TX | $5,674,763 | $10,337,403 |
Covenant House Texas Houston, TX | $23,811,889 | $14,643,354 |
Conway County Community Service Inc Morrilton, AR | $2,601,961 | $8,443,108 |
Hands On Healing Residential Treatment Center Inc Baytown, TX | $2,057,295 | $5,655,110 |
Monarch Family Services Houston, TX | $725,146 | $2,180,000 |
Pivot Inc Oklahoma City, OK | $7,446,164 | $4,876,215 |