Blue Monarch
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,272,731.00
Projected Expenses
$1,272,731.00
Organizational Budgets and Other Documents
| 2023 Operating Budget | 2023 |
| 2022 Operating Budget | 2022 |
| 2021 Operating Budget | 2021 |
| 2020 Operating Budget | 2020 |
| 2019 Operating Budget | 2019 |
| 2018 Operating Budget Estimate | 2018 |
| 2017 Operating Budget | 2017 |
| 2016 Operating Budget | 2016 |
| 2015 Operating Budget | 2015 |
| blue monarch 2012 budget | 2012 |
| blue monarch 2011 budget | 2011 |
| blue monarch 2009 budget | 2009 |
| blue monarch 2008 budget | 2008 |
| blue monarch 2007 budget | 2007 |
IRS Letter of Exemption
| blue monarch irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $2,037,534.00 | $1,626,287.00 | $2,470,041.00 |
| Total Expenses | $1,310,199.00 | $1,070,799.00 | $1,545,481.00 |
| Revenue Less Expenses | $727,335.00 | $555,488.00 | $924,560.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $1,387,239.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $2,114,933.00 | $1,518,239.00 | $1,046,580.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $33,140.00 | $27,539.00 | $25,580.00 |
| Investment Income, Net of Losses | $-178,464.00 | $39,418.00 | $10,642.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $36,437.00 | $41,091.00 | $37,728.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $916,988.00 | $726,740.00 | $640,677.00 |
| Administration Expense | $202,440.00 | $176,941.00 | $118,379.00 |
| Fundraising Expense | $190,771.00 | $167,118.00 | $165,504.00 |
| Total Revenue/Total Expenses | 156% | 152% | 267% |
| Program Expense/Total Expenses | 70% | 68% | 69% |
| Fundraising Expense/Contributed Revenue | 15% | 16% | 18% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,114,933.00 | Contributions, Gifts, Grants $1,518,239.00 | Foundations and Corporations $1,387,239.00 |
| Second Highest Funding Source & Dollar Amount | Noncash Contributions $36,437.00 | Noncash Contributions $41,091.00 | Contributions, Gifts, and Grants $1,046,580.00 |
| Third Highest Funding Source & Dollar Amount | Program Revenue $33,140.00 | Investment Income $39,418.00 | Noncash Contributions $37,728.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $5,970,292.00 | $5,144,646.00 | $4,526,512.00 |
| Current Assets | $608,366.00 | $705,936.00 | $951,068.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $50,327.00 | $23,487.00 | $5,641.00 |
| Total Net Assets | $5,919,965.00 | $5,121,159.00 | $4,520,871.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$500,000.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
Yes
What is the campaign goal?
$6,700,500.00
What is the purpose of the capital campaign?
We have developed a master plan for expansion that includes a multi-purpose building, an additional eight-family residential home, a daycare, and a commercial granola kitchen. The multi-purpose building will include a recreation area/large event space, commercial kitchen for events and group meals, exercise room, indoor track, multiple classrooms, children's play area, library, music room, computer lab, storage for donated clothing and supplies, staff offices, and a conference room. Moving classrooms and offices from their current location will allow us to turn existing rooms into living spaces for families. With the addition of another eight-family home and 5 new family spaces from existing rooms, this expansion will allow us to serve 40 families annually, which totals approximately 120 women and children.
Campaign Start
September 2021
Campaign End
December 2026
Campaign Raised to Date Month
November
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$2,850,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| Blue Monarch 990 | 2022 |
| Blue Monarch 2021 990 | 2021 |
| Blue Monarch 2020 990 | 2020 |
| Blue Monarch 2019 | 2019 |
| Blue Monarch 2018 990 | 2018 |
| Blue Monarch 2017 990 | 2017 |
| blue monarch 2016 990 | 2016 |
| 990 EXT | 2015 |
| blue monarch 2015 990 | 2015 |
| blue monarch 2014 990 | 2014 |
| blue monarch 2013 990 | 2013 |
| blue monarch 2012 990 | 2012 |
| blue monarch 2011 990 | 2011 |
| blue monarch 2010 990 | 2010 |
| blue monarch 2009 990 | 2009 |
| blue monarch 2008 990 | 2008 |
| blue monarch 2007 990 | 2007 |
| blue monarch 2006 990 | 2006 |
| blue monarch 2005 990 | 2005 |
Audit Documents
| Blue Monarch 2022 Audit | 2022 |
| Blue Monarch 2021 Audit | 2021 |
| Blue Monarch 2020 Audit | 2020 |
| Blue Monarch 2019 Audit | 2019 |
| Blue Monarch 2018 Audit | 2018 |
| Blue Monarch 2017 Audit | 2017 |
| Blue Monarch 2016 Audit | 2016 |
| Blue Monarch Financials | 2015 |
| Blue Monarch 2014 Audit | 2014 |
| Blue Monarch 2013 Audit | 2013 |
| Blue Monarch 2012 Audit | 2012 |
| Blue Monarch 2011 Audit | 2011 |
| Blue Monarch 2010 Audit | 2010 |
| blue monarch 2009 audit | 2009 |
| blue monarch 2008 audit | 2008 |
| blue monarch 2006 audit | 2006 |
| blue monarch 2005 audit | 2005 |
CEO/Executive Director/Board Comments
| There are occasional years that show a dramatic increase in revenue. These have resulted from unexpected generous gifts from benefactors or bequests. |
Foundation Staff Comments
| Financial figures taken from the Form 990. Schedule B removed to protect donor privacy. Form 990 and compilation report completed by Clark, Knies & Krenshaw PLLC. Comment provided by Hayley Sulfridge 12/1/23. |
