Education (B82) IRS Verified DX Registered 990 on File

MONTICELLO AREA EDUCATION FOUNDATION

EIN: 36-4257880 · MONTICELLO, IL 61856-0473 · United States · FY 2024 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 91/100

Reliability (20%) 55/100

Effectiveness (25%) 68/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The Monticello Area Education Foundation is committed to benefiting students by supporting, enriching, and enhancing educational opportunities; and strengthening community involvement in the Monticello CUSD #25, by supporting educational initiatives for which other funding is not readily available. The Monticello Area Education Foundation was established in 1998 and serves as a partnership between public education and private individuals and businesses. It is one of the first such foundations in Illinois and the only one in Piatt County. We are “education boosters.” The Foundation supports its activities by soliciting donations and bequests of money and property. When available, the Foundation seeks grant funding to further its activities. All funding received will be used in ways that are consistent with the mission of the Foundation and the specified wishes of those contributing the funds.

Financial Overview — FY 2024

$241K

Total Revenue

$108K

Total Expenses

$763K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 74.8%

Fundraising Efficiency N/A

Operating Reserve 84.74x

Liability-to-Asset 0.0%

Revenue Diversification 84.3%

Compared with Peers

FY 2024

Compared with 15,968 similar organizations (United States, Education, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	74.8%	89.3%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	9.0%	8.2%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	16.2%	0.0%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	84.7 mo	9.3 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	84.3%	89.4%	P10P90	Above median
Revenue growth Year over year revenue growth	116.5%	8.4%	P10P90
Expense growth Year over year expense growth	-5.8%	9.0%	P10P90
Surplus margin Surplus as a share of revenue	55.2%	2.8%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	$241K	$108K	$763K	74.8%
2023	$111K	$115K	$630K	74.4%
2022	$101K	$46K	$628K	64.8%
2021	$62K	$48K	N/A	—

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Organization Details

EIN: 36-4257880
State: IL
City: MONTICELLO
ZIP: 61856-0473
Classification: B82
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1998
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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