Monarch
- Assets
- $37.5m
- Revenue
- $92.4m
- Investments
- $0.0
- Employees
- 2,014
- Location
- Albemarle, NC
- Founding
- 06/1982
- Data as of
- 06/2021
- EIN
- 56-1326126
Organization Overview
Monarch is located in Albemarle, NC. The organization was established in 1982. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2021, Monarch employed 2,014 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monarch 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, Monarch generated $92.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $89.4m during the year ending 06/2021. While expenses have increased by 2.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE RESPONSE FOR PART III, LINE 1, BELOW FOR MISSION STATEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONARCH BEHAVIORAL HEALTH SERVICES: MONARCH PROVIDES OUTPATIENT THERAPY (INDIVIDUAL, FAMILY, GROUP), MEDICATION MANAGEMENT, PEER SUPPORTS, INTENSIVE IN-HOME, COMMUNITY SUPPORTS,TARGETED CASE MANAGEMENT, FACILITY BASED CRISIS, MOBILE CRISIS, ACTT, DWI SERVICES, AND PSYCHIATRIC SERVICES. 27,777 PATIENTS WERE SERVED IN THE CURRENT YEAR.
MONARCH RESIDENTIAL SERVICES: MONARCH MANAGES SMALL GROUP HOMES (2-9 PEOPLE), APARTMENT PROGRAMS AND COMPLEXES, ALONG WITH INDEPENDENT LIVING IN THE COMMUNITY FOR PEOPLE WHO HAVE INTELLECTUAL/DEVELOPMENTAL DISABILITIES OR MENTAL ILLNESS. GROUP HOME SETTINGS PROVIDE 24 HOUR SUPERVISION. SITES ACCESS QUALIFIED PROFESSIONALS, NURSES, PHYSICIANS, VARIOUS THERAPISTS, DIETICIANS, PSYCHOLOGISTS OR PSYCHIATRIC SERVICES AS NEEDED. APARTMENT PROGRAMS AND SUPPORTS IN THE COMMUNITY MAY BE 24 HOUR OR PERIODIC. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 628 PATIENTS WERE SERVED IN THE CURRENT YEAR.
MONARCH DAY/EMPLOYMENT/PERIODIC SERVICES: MONARCH PROVIDES A VARIETY OF DAY/EMPLOYMENT SERVICES INCLUDING SUPPORTED EMPLOYMENT, MICRO-ENTERPRISE, AND JOB DEVELOPMENT TO HELP PEOPLE BECOME EMPLOYED. VOLUNTEERING AND COMMUNITY INVOLVEMENT WITH SKILLS DEVELOPMENT ASSIST THOSE WHO CHOOSE NOT TO WORK YET, FOR VARIOUS REASONS. WHEN NEEDED, DAY SUPPORTS CAN ALSO PROVIDE ASSISTANCE IN GAINING HIGHER EDUCATION. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 1,281 PATIENTS WERE SERVED IN THE CURRENT YEAR.
ANCILLARY PROGRAM SERVICE REVENUE INCLUDING RENTS, SALES OF INVENTORY & REFUNDS / REIMBURSEMENTS RELATED TO EXEMPT PURPOSE.
MONARCH BEHAVIORAL HEALTH SERVICES: MONARCH PROVIDES OUTPATIENT THERAPY (INDIVIDUAL, FAMILY, GROUP), MEDICATION MANAGEMENT, PEER SUPPORTS, INTENSIVE IN-HOME, COMMUNITY SUPPORTS,TARGETED CASE MANAGEMENT, FACILITY BASED CRISIS, MOBILE CRISIS, ACTT, DWI SERVICES, AND PSYCHIATRIC SERVICES. 27,777 PATIENTS WERE SERVED IN THE CURRENT YEAR.
MONARCH RESIDENTIAL SERVICES: MONARCH MANAGES SMALL GROUP HOMES (2-9 PEOPLE), APARTMENT PROGRAMS AND COMPLEXES, ALONG WITH INDEPENDENT LIVING IN THE COMMUNITY FOR PEOPLE WHO HAVE INTELLECTUAL/DEVELOPMENTAL DISABILITIES OR MENTAL ILLNESS. GROUP HOME SETTINGS PROVIDE 24 HOUR SUPERVISION. SITES ACCESS QUALIFIED PROFESSIONALS, NURSES, PHYSICIANS, VARIOUS THERAPISTS, DIETICIANS, PSYCHOLOGISTS OR PSYCHIATRIC SERVICES AS NEEDED. APARTMENT PROGRAMS AND SUPPORTS IN THE COMMUNITY MAY BE 24 HOUR OR PERIODIC. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 628 PATIENTS WERE SERVED IN THE CURRENT YEAR.
MONARCH DAY/EMPLOYMENT/PERIODIC SERVICES: MONARCH PROVIDES A VARIETY OF DAY/EMPLOYMENT SERVICES INCLUDING SUPPORTED EMPLOYMENT, MICRO-ENTERPRISE, AND JOB DEVELOPMENT TO HELP PEOPLE BECOME EMPLOYED. VOLUNTEERING AND COMMUNITY INVOLVEMENT WITH SKILLS DEVELOPMENT ASSIST THOSE WHO CHOOSE NOT TO WORK YET, FOR VARIOUS REASONS. WHEN NEEDED, DAY SUPPORTS CAN ALSO PROVIDE ASSISTANCE IN GAINING HIGHER EDUCATION. PERSON CENTER PLANS ARE DEVELOPED AND IMPLEMENTED BASED ON AN INDIVIDUAL'S DREAMS, VALUES AND FAMILY CULTURE TO CREATE GOALS FOR GREATER INDEPENDENCE AT HOME AND IN THE COMMUNITY. 1,281 PATIENTS WERE SERVED IN THE CURRENT YEAR.
ANCILLARY PROGRAM SERVICE REVENUE INCLUDING RENTS, SALES OF INVENTORY & REFUNDS / REIMBURSEMENTS RELATED TO EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Terhune CEO | Officer | 40 | $418,707 |
Dr Douglas Smith Psychiatrist | 40 | $355,420 | |
Dr Hanzel Maston Psychiatrist | 40 | $329,580 | |
Nora Dennis Cmo | Officer | 40 | $305,391 |
Dr Robert Mchale Psychiatrist | 40 | $282,346 | |
Dr Jacqueline Smith Psychiatrist | 40 | $252,624 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Key Benefit Administrators Health Plan Administrator | 6/29/21 | $1,398,508 |
Gardner Skeleton Attorney | 6/29/21 | $573,816 |
Regroup Therapy Staffing For Bh | 6/29/21 | $343,926 |
Locums Staffing For Bh | 6/29/21 | $300,834 |
Consilium Staffing Staffing For Bh | 6/29/21 | $266,039 |
Key Benefit Administrators Health Plan Administrator | 6/29/21 | $1,398,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,250,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $121,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,372,101 |
| Total Program Service Revenue | $89,063,379 |
| Investment income | $69,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,538 |
| Net Gain/Loss on Asset Sales | $257,944 |
| Net Income from Fundraising Events | $20,977 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,458 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $92,387,705 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,987,793 |
| Compensation of current officers, directors, key employees. | $1,987,793 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,797,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,906,840 |
| Payroll taxes | $6,328,490 |
| Fees for services: Management | $6,108 |
| Fees for services: Legal | $594,499 |
| Fees for services: Accounting | $63,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,933 |
| Advertising and promotion | $216,229 |
| Office expenses | $131,092 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,458,639 |
| Travel | $208,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $845,800 |
| Interest | $130,032 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,178,120 |
| Insurance | $746,376 |
| All other expenses | $3,823,844 |
| Total functional expenses | $89,371,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,309 |
| Savings and temporary cash investments | $19,484,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,522,435 |
| 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 | $507,231 |
| Net Land, buildings, and equipment | $8,206,955 |
| Investments—publicly traded securities | $4,052,675 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $759,987 |
| Total assets | $37,536,351 |
| Accounts payable and accrued expenses | $6,763,439 |
| Grants payable | $0 |
| Deferred revenue | $1,359,411 |
| 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 | $3,166,524 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,505,988 |
| Total liabilities | $21,795,362 |
| Net assets without donor restrictions | $15,740,989 |
| Net assets with donor restrictions | $0 |
| 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 | $37,536,351 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Monarch has recieved totaling $21,709.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $11,047 |
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $5,712 |
Pete Stark Foundation San Leandro, CA PURPOSE: GENERAL PURPOSES | $3,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,375 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $365 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monarch Albemarle, NC | $37,536,351 | $92,387,705 |
Lutheran Family Services Of Virginia Inc Roanoke, VA | $21,862,417 | $39,175,791 |
Lutheran Family Services In The Carolinas Inc Salisbury, NC | $8,144,497 | $24,137,672 |
Jewish Family & Career Services Inc Atlanta, GA | $12,287,389 | $17,564,180 |
Clayton County Community Services Authority Inc Forest Park, GA | $3,675,143 | $13,405,367 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |
Agape Child And Family Services Inc Memphis, TN | $4,822,758 | $10,716,983 |
Family Service Of The Piedmont Inc Jamestown, NC | $2,937,225 | $9,785,018 |
Murphy-Harpst Childrens Centers Inc Cedartown, GA | $8,054,234 | $10,353,326 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
Safe Alliance Inc Charlotte, NC | $10,001,861 | $8,368,823 |
Families First Inc Atlanta, GA | $16,902,074 | $9,104,630 |