Monarch
Monarch reported $115.6 million in revenue and $114.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.41 went to program services, $18.59 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.6% of the total. The highest compensation it reported for one person was $614,526 (CEO). 76 people received more than $100,000 in reportable compensation. Revenue rose 35% 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 $115MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $116MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.4% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.6% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.8% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.8% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.6% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $614,526 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.54% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 76 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.4 | 6.9 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 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 expenseMonarch 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. 25,921 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…
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. 1,065…
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 |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $614,526 | $0 | $0 | $614,526 |
| CAO Key employee, 40.00 hrs/week | $447,254 | $0 | $0 | $447,254 |
| PSYCHIATRIST Highest compensated employee, 40.00 hrs/week | $423,776 | $0 | $600 | $424,376 |
| MEDICAL DIRECTOR Highest compensated employee, 40.00 hrs/week | $328,742 | $0 | $0 | $328,742 |
| CFO Officer, 40.00 hrs/week | $324,136 | $0 | $600 | $324,736 |
| MEDICAL DIRECTOR Highest compensated employee, 40.00 hrs/week | $313,677 | $0 | $0 | $313,677 |
| MEDICAL DIRECTOR Highest compensated employee, 40.00 hrs/week | $285,006 | $0 | $0 | $285,006 |
| PRESIDENT Key employee, 40.00 hrs/week | $274,499 | $0 | $0 | $274,499 |
76 people received more than $100,000 in reportable compensation from Monarch (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (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–1b17 · 17 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 2Yes
- 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 14bNo
- Employees Part I, line 52,299
- Volunteers Part I, line 6172
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AUTOMOTIVE RENTALS (HOLMAN) Vehicle maintenance / fuel | $894,845 |
| AMERGIS HEALTHCARE STAFFING INC Contract nursing | $767,100 |
| ARC HDS Hud rent | $701,935 |
| CDW DIRECT Computer and software services | $618,489 |
Individuals listed as contractors are left out. 55 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Monarch totaling $84,400 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 Monarch's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Monarch, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Monarch spent in FY2025, $81.41 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Ashby PondsAshburn, VA · revenue $115M · programs 88.4% · 2024
- Presbyterian HomesSkokie, IL · revenue $116M · programs 83.6% · FY2025
- The Task Force for Global HealthDecatur, GA · revenue $114M · programs 83.5% · FY2025
- The Connecticut Institute for the BlindHartford, CT · revenue $116M · programs 87.3% · FY2025
- Greenspring VillageSpringfield, VA · revenue $114M · programs 86.3% · 2024
All human services charities · Largest charities in North Carolina
Questions people ask
How much of Monarch's spending goes to programs?
In the fiscal year ending June 30, 2025, Monarch reported that 81.4% of its $114.8 million in expenses went to program services, 18.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Monarch pay its top executive?
The largest total compensation Monarch reported for one person in the fiscal year ending June 30, 2025 was $614,526, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Monarch get its money?
Of $115.6 million in revenue in the fiscal year ending June 30, 2025, 1.8% came from contributions and grants (including 0.8% from government grants) and 96.6% from program service revenue (Form 990, Part VIII).
Is Monarch a registered charity?
The IRS lists EIN 56-1326126 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202533219349309988 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500209349300305 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323149349300142 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349302529 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200339349300605 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141179349301859 · read the filing
All filings for EIN 56-1326126: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.