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Monument Academy Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510506848 ✦ Monument, CO ✦ Designated as a 501(c)(3)

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Overview

What is Monument Academy Foundation?

The Monument Academy Foundation is a nonprofit organization situated in Monument, Colorado, with the address 1150 VILLAGE RIDGE POINT. Its primary objective is to support the day-to-day operations of the Monument Academy, a non-profit public charter school in Colorado. This support extends to leasing or holding title to real and/or personal property for the school. The foundation's mission is to contribute to educational and charitable purposes, as defined by Section 501(c)(3) of the Internal Revenue Code, and to provide necessary facilities and equipment to the Monument Academy Secondary School.


Official website here: www.monumentacademy.net

Is Monument Academy Foundation legitimate?

Monument Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monument Academy Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.monumentacademy.net

What is the mission statement of Monument Academy Foundation?

The Monument Academy Foundation is established with a mission to support the day-to-day operations of Monument Academy, a non-profit public charter school in Colorado, under Section 501(c)(3) of the Internal Revenue Code. The corporation's primary objective is to lease or own property for the charter school, providing it with necessary buildings, facilities, and equipment. In essence, the Monument Academy Foundation serves to enhance the educational experience and operations of Monument Academy Secondary School.


Official website here: www.monumentacademy.net

Who is the CEO of Monument Academy Foundation?

Glenn Gustafson is the Principal Officer of Monument Academy Foundation.


Official website here: www.monumentacademy.net

What is the revenue of Monument Academy Foundation?

Monument Academy Foundation's revenue in 2022 was $728,565.


Official website here: www.monumentacademy.net

Who are the executives of Monument Academy Foundation and what are their salaries?

There 50 volunteers at Monument Academy Foundation.


Here are 4 key members and their salaries:


Chris Dole (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Mcwilliams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Buczkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Strop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.monumentacademy.net

Where can I find the form 990 for Monument Academy Foundation?

Monument Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.monumentacademy.net

Learn more at the official website: www.monumentacademy.net

Mission Statement of Monument Academy Foundation

Monument Academy Foundation, a nonprofit organization, is established with a primary objective of supporting the day-to-day operations of Monument Academy Secondary School, a non-profit public charter school in Colorado. The corporation operates with the intention of leasing or holding title to real and/or personal property for this charter school. Beyond that, Monument Academy Foundation extends its mission to provide a public building, facilities, and equipment to the charter school, thereby contributing significantly to its operations and growth. In essence, the foundation's purpose is to ensure the educational and charitable needs of Monument Academy Secondary School are met, promoting a conducive learning environment for its students.

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Impact




October, 2024

Monument Academy Foundation significantly enhances the educational environment at Monument Academy by providing essential financial support for its day-to-day operations. This support ensures that the charter school can effectively deliver quality education and maintain its facilities, ultimately creating a conducive learning atmosphere for students.

By securing and managing resources for the Academy, the Foundation plays a critical role in facilitating the operations necessary for a robust educational experience. The Foundation’s efforts contribute to the overall mission of fostering educational excellence and empowering students within the community of Monument, Colorado. Through its financial backing, the Foundation enables Monument Academy to focus on delivering effective educational programs while also addressing the needs of students and staff, thereby positively impacting the entire school community.




This information is meant to be a general summary of Monument Academy Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$728,565 (2022)
Expenses
$1,995,043 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,434
  • Program Service Revenue: $725,131
  • Gross Receipts: $728,565

Assets and Liabilities:

  • Total Assets: $23,372,961
  • Total Liabilities: $28,950,000
  • Net Assets: -$5,577,039

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEASE INCOME

Revenue

$725,131

Organization Details

Founding Year

2004

Principal Officer

Glenn Gustafson

Main Address

1150 VILLAGE RIDGE POINT, MONUMENT, CO, 80132

NTEE Category

Code: B122 - Education

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