Monarch Global
- Assets
- $11.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Palma, CA
- Founding
- 06/2017
- Data as of
- 05/2022
- EIN
- 82-1702036
Organization Overview
Monarch Global is located in La Palma, CA. The organization was established in 2017. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monarch Global 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 05/2022, Monarch Global generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $13.8k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEETINGS WITH KEY CONTRIBUTORS AND FUNDRAISER TO GENERATE FUNDS NECESSARY TO ESTABLISH KEY CORE OF PARTICIPANTS TO CARRY OUT NON-PROFIT PURPOSE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,545 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,219 |
| Total expenses | $13,764 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,284 |
| Other assets | $0 |
| Total assets | $11,284 |
| Total liabilities | $9,739 |
| Net assets or fund balances | $1,545 |
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