Monmouth University
Also known as Monmouth University
Monmouth University reported $277.4 million in revenue and $270.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.03 went to program services, $14.91 to management and general costs and $1.06 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.2% of the total. The highest compensation it reported for one person was $1,155,725 (PRESIDENT). 259 people received more than $100,000 in reportable compensation. Revenue rose 6% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $270MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $277MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,155,725 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.43% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 259 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 30 of 32 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSee schedule ohigher education, research and public service:Monmouth University's 170.21-acre campus is located in west long branch along new jersey's northern coastline, and approximately one hour from both new york city and philadelphia. Monmouth is a private university that offers innovative academic programs including 33 bachelor's degrees, 23 master's degrees and four doctoral degrees through the six academic schools of leon hess business school, education, humanities and social sciences, nursing and health studies, science, and social work. Students may also enroll in the honors…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 63.00 hrs/week | $943,171 | $0 | $212,554 | $1,155,725 |
| HEAD MENS BASKETBALL COACH Highest compensated employee, 40.00 hrs/week | $629,809 | $0 | $73,328 | $703,137 |
| & SENIOR VP FOR ACADEMIC AFFAIRS Officer, 55.00 hrs/week | $315,052 | $0 | $70,848 | $385,900 |
| DEAN OF BUSINESS SCHOOL Highest compensated employee, 50.00 hrs/week | $302,851 | $0 | $69,730 | $372,581 |
| VP AND GENERAL COUNSEL Officer, 55.00 hrs/week | $299,558 | $0 | $60,221 | $359,779 |
| VP ENROLLMENT MANAGEMENT & MARKETING Officer, 55.00 hrs/week | $279,453 | $0 | $70,386 | $349,839 |
| VP UNIVERSITY ADVANCEMENT Officer, 55.00 hrs/week | $285,994 | $0 | $52,113 | $338,107 |
| HEAD FOOTBALL COACH Highest compensated employee, 40.00 hrs/week | $275,735 | $0 | $54,865 | $330,600 |
259 people received more than $100,000 in reportable compensation from Monmouth University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b32 · 30 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 52,936
- Volunteers Part I, line 6891
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| COMPASS GROUP USA INC DBA GOURMET DIN Food service | $8,362,365 |
| TORCON INC Building contractor | $5,208,848 |
| COOKFOX ARCHITECTS DPC Architectural services | $1,807,188 |
| BREAKER ELECTRIC INC Electrician services | $1,238,757 |
| CORPORATE INCENTIVES INC DBA CI-GRO Advertising | $1,011,073 |
Individuals listed as contractors are left out. 54 contractors were paid more than $100,000 in all.
Private foundation grants it received
37 private foundations reported grants to Monmouth University totaling $9.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Monmouth University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Monmouth University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Monmouth University spent in FY2025, $84.03 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Mater AcademyMiami, FL · revenue $276M · programs 89.1% · FY2025
- Bryant UniversitySmithfield, RI · revenue $279M · programs 88.6% · FY2025
- Claremont McKenna CollegeClaremont, CA · revenue $276M · programs 79.4% · FY2025
- University of PortlandPortland, OR · revenue $281M · programs 90.7% · FY2025
- Delaware State UniversityDover, DE · revenue $275M · programs 54.3% · FY2025
Questions people ask
How much of Monmouth University's spending goes to programs?
In the fiscal year ending June 30, 2025, Monmouth University reported that 84.0% of its $270.0 million in expenses went to program services, 14.9% to management and general and 1.1% to fundraising (Form 990, Part IX).
How much does Monmouth University pay its top executive?
The largest total compensation Monmouth University reported for one person in the fiscal year ending June 30, 2025 was $1,155,725, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Monmouth University get its money?
Of $277.4 million in revenue in the fiscal year ending June 30, 2025, 7.8% came from contributions and grants (including 3.9% from government grants) and 86.2% from program service revenue (Form 990, Part VIII).
Is Monmouth University a registered charity?
The IRS lists EIN 21-0634584 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611219349302201 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541259349301439 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431249349302778 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301289349302410 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231269349301113 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141279349301949 · read the filing
All filings for EIN 21-0634584: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.