One Million Monarchs Inc Nfp

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

EIN: 844490617 ✦ Cary, IL ✦ Designated as a 501(c)(3)

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Overview

What is One Million Monarchs Inc Nfp?

One Million Monarchs Inc Nfp is a nonprofit organization that provides vital financial assistance to teenagers struggling with mental health issues, especially those lacking insurance coverage or the means to pay for necessary services. The organization's primary goal is to offer counseling and grief support sessions, as well as organize grief retreats. Furthermore, they grant scholarships to qualified teens, creating a safe and nurturing environment where these young individuals can heal and cope with their grief. The program fees collected contribute to these initiatives, ensuring that grieving teens have access to essential mental health support.

Is One Million Monarchs Inc Nfp legitimate?

One Million Monarchs Inc Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. One Million Monarchs Inc Nfp submitted a form 990EZ, 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.

What is the mission statement of One Million Monarchs Inc Nfp?

One Million Monarchs Inc Nfp's mission is centered around providing necessary financial resources for teenagers who struggle with mental health issues and lack insurance coverage or the ability to afford counseling services. The organization also conducts grief support sessions and retreats, offering a safe space for these grieving teens to heal. Additionally, they offer scholarships for qualified teens to continue their education and growth.

Who is the CEO of One Million Monarchs Inc Nfp?

Stacey Sassine is the President of One Million Monarchs Inc Nfp.

What is the revenue of One Million Monarchs Inc Nfp?

One Million Monarchs Inc Nfp's revenue in 2022 was $59,115.

Who are the executives of One Million Monarchs Inc Nfp and what are their salaries?


Here are 5 key members and their salaries:


Stacey Sassine (President)
  • Compensation: $7,800
  • Related: $0
  • Other: $0
Penny Tate (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Donlea (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Pighini (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dunlea (Director)
  • Compensation: $3,602
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for One Million Monarchs Inc Nfp?

One Million Monarchs Inc Nfp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of One Million Monarchs Inc Nfp

One Million Monarchs Inc Nfp is an organization dedicated to providing essential mental health support to teenagers who lack adequate insurance coverage or the financial means to access such services. The nonprofit's primary mission is to offer financial resources, enabling them to pay for counseling sessions. In addition to this, the organization conducts grief support sessions and retreats, providing a safe and healing environment for these adolescents. Furthermore, One Million Monarchs Inc Nfp awards scholarships to qualified teens, allowing them to continue their mental health journey. These initiatives are all aimed at creating a supportive environment where grieving teenagers can begin their healing process.

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Impact




August, 2024

One Million Monarchs Inc Nfp has made a significant impact by providing financial resources to pay for counseling for teens who lack mental health insurance coverage or the means to pay for services. They have also conducted grief support sessions, grief retreats, and offered scholarships for qualified teens in need. In doing so, they have created a safe space for grieving teens to heal and access the support they require.




This information is meant to be a general summary of One Million Monarchs Inc Nfp. 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
$59,115 (2022)
Expenses
$31,723 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $59,115

Assets and Liabilities:

  • Total Assets: $45,560
  • Total Liabilities: $0
  • Net Assets: $45,560

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Organization Details

Principal Officer

Stacey Sassine

Main Address

6407 Kingsbridge Drive, Cary, IL, 60013

NTEE Category

Code: P40 - Human services

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