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Monmouth Academy Trustees Of

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Summary charts: organization finances over time

Revenue
$61k (2023)

Expenses
$73k (2023)

Total Assets
$1.9M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Feb.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,984
Expenses
$73,020
Net Income
-$12,036
Net Assets
$1,903,486
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,786
11.1%
Program Services $0
Investment Income $53,383
87.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $815
1.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,903,486
Total Liabilities $0
Net Assets $1,903,486
Compensation
Key Employees and Officers Compensation Related Other
Steve Palleschi (Treasurer) $500 $0 $0
David Walker (President) $0 $0 $0
Richard Robertson (Vice Preside) $0 $0 $0
Kristin Sanborn (Secretary) $0 $0 $0
Dr Larry Buggia (Trustee) $0 $0 $0
Leanne Burnham (Trustee) $0 $0 $0
Bill Fairchild (Trustee) $0 $0 $0
Gerald Ham (Trustee) $0 $0 $0
Heidi Jackson (Trustee) $0 $0 $0
Hugh Lemaster (Trustee) $0 $0 $0
Trudy Palleschi (Trustee) $0 $0 $0
Mark Poole (Trustee) $0 $0 $0
Jean Pratte (Trustee) $0 $0 $0
Julie Sawtelle (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$174,762
Expenses
$49,634
Net Income
$125,128
Net Assets
$2,137,370
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,500
6.6%
Program Services $0
Investment Income $54,918
31.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $108,344
62.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,137,370
Total Liabilities $0
Net Assets $2,137,370
Compensation
Key Employees and Officers Compensation Related Other
Steve Palleschi (Treasurer) $500 $0 $0
David Walker (President) $0 $0 $0
Richard Robertson (Vice Preside) $0 $0 $0
Kristen Sanborn (Secretary) $0 $0 $0
Dr Larry Buggia (Trustee) $0 $0 $0
Leanne Burnham (Trustee) $0 $0 $0
Bill Fairchild (Trustee) $0 $0 $0
Gerald Ham (Trustee) $0 $0 $0
Heidi Jackson (Trustee) $0 $0 $0
Hugh Lemaster (Trustee) $0 $0 $0
Trudy Palleschi (Trustee) $0 $0 $0
Mark Poole (Trustee) $0 $0 $0
Jean Pratte (Trustee) $0 $0 $0
Kris Sanborn (Trustee) $0 $0 $0
Julie Sawtelle (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$181,641
Expenses
$49,394
Net Income
$132,247
Net Assets
$2,152,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,550
5.3%
Program Services $0
Investment Income $55,524
30.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $116,567
64.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,160,465
Total Liabilities $8,286
Net Assets $2,152,179
Compensation
Key Employees and Officers Compensation Related Other
David Walker (President) $0 $0 $0
Richard Robertson (Vice Preside) $0 $0 $0
Steve Palleschi (Treasurer) $0 $0 $0
Julie Wright (Secretary) $0 $0 $0
Dr Larry Buggia (Trustee) $0 $0 $0
Leanne Burnham (Trustee) $0 $0 $0
Bill Fairchild (Trustee) $0 $0 $0
Gerald Ham (Trustee) $0 $0 $0
Heidi Jackson (Trustee) $0 $0 $0
Hugh Lemaster (Trustee) $0 $0 $0
Trudy Palleschi (Trustee) $0 $0 $0
Mark Poole (Trustee) $0 $0 $0
Jean Pratte (Trustee) $0 $0 $0
Kris Sanborn (Trustee) $0 $0 $0
Julie Sawtelle (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,536
Expenses
$49,445
Net Income
$37,091
Net Assets
$1,908,540
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,256
8.4%
Program Services $0
Investment Income $59,534
68.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $19,746
22.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,000
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,916,826
Total Liabilities $8,286
Net Assets $1,908,540

Document Links

Fiscal Year Ending Feb.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$128,549
Expenses
$56,001
Net Income
$72,548
Net Assets
$1,856,655
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,622
6.7%
Program Services $0
Investment Income $51,737
40.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $68,190
53.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,864,941
Total Liabilities $8,286
Net Assets $1,856,655

Document Links

Fiscal Year Ending Feb.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$164,294
Expenses
$75,484
Net Income
$88,810
Net Assets
$1,879,508
Notable Sources of Revenue Percent of Total Revenue
Contributions $56,498
34.4%
Program Services $0
Investment Income $43,471
26.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $64,325
39.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,888,294
Total Liabilities $8,786
Net Assets $1,879,508

Document Links

Fiscal Year Ending Feb.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$131,131
Expenses
$76,144
Net Income
$54,987
Net Assets
$1,724,068
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,179
26.8%
Program Services $0
Investment Income $41,031
31.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $54,921
41.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,732,854
Total Liabilities $8,786
Net Assets $1,724,068
Compensation
Key Employees and Officers Compensation Related Other
David S Heckman (Treasurer) $500 $0 $0
David Walker (President) $0 $0 $0
Mark Poole (Vice President) $0 $0 $0
Julie Wright (Secretary) $0 $0 $0
Dr Larry Buggia (Trustee) $0 $0 $0
Bill Fairchild (Trustee) $0 $0 $0
Gerald Ham (Trustee) $0 $0 $0
Heidi Jackson (Trustee, Fin. Com. Member) $0 $0 $0
Hugh Le Master (Trustee) $0 $0 $0
Trudy Palleschi (Trustee) $0 $0 $0
Patricia Pratte (Trustee) $0 $0 $0
Richard Robertson (Trustee) $0 $0 $0
Julie Sawtelle (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,915
Expenses
$67,548
Net Income
$13,367
Net Assets
$1,526,767
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,678
15.7%
Program Services $0
Investment Income $42,175
52.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,062
32.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,532,152
Total Liabilities $5,385
Net Assets $1,526,767
Compensation
Key Employees and Officers Compensation Related Other
David Heckman (Treasurer) $500 $0 $0
David Walker (President) $0 $0 $0
Mark Poole (Vice President) $0 $0 $0
Julie Wright (Secretary) $0 $0 $0
Heidi Jackson (Finance Committee Member) $0 $0 $0
Scott Davis (Trustee) $0 $0 $0
Dr Larry Buggia (Trustee) $0 $0 $0
Gerald Ham (Trustee) $0 $0 $0
Hugh Le Master (Trustee) $0 $0 $0
Julie Sawtelle (Trustee) $0 $0 $0
Richard Robertson (Trustee) $0 $0 $0
Trudy Palleschi (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending Feb.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,953
Expenses
$73,880
Net Income
$13,073
Net Assets
$1,762,865
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,002
19.6%
Program Services $0
Investment Income $43,368
49.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $26,583
30.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,771,750
Total Liabilities $8,885
Net Assets $1,762,865

Document Links

Fiscal Year Ending Feb.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$165,602
Expenses
$71,542
Net Income
$94,060
Net Assets
$1,714,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $37,130
22.4%
Program Services $0
Investment Income $48,265
29.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $80,207
48.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,720,161
Total Liabilities $5,960
Net Assets $1,714,201

Document Links

Fiscal Year Ending Feb.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,740
Expenses
$65,745
Net Income
$91,995
Net Assets
$1,544,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $74,299
47.1%
Program Services $0
Investment Income $53,589
34.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $29,852
18.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,554,010
Total Liabilities $9,570
Net Assets $1,544,440

Document Links

Fiscal Year Ending Feb.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$121,896
Expenses
$60,317
Net Income
$61,579
Net Assets
$1,345,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,249
10.0%
Program Services $0
Investment Income $44,037
36.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $65,610
53.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,351,082
Total Liabilities $5,410
Net Assets $1,345,672

Document Links

Fiscal Year Ending Feb.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Feb.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Aug.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
1999

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
1998

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
1997

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
1996

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending April
1995

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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