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Nonprofit · EIN 65-0551178

MONROE COUNTY EDUCATION FOUNDATION INC

Tax-exempt · KEY WEST, FL 33040

Financials

$2.2M$1.5M2022$2.4M$1.5M2023$2.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of MONROE COUNTY EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,363,490$1,606,305$757,185$16,820,956$2,206$16,818,750
June 30, 2024990$2,426,808$1,518,291$908,517$15,776,474$4,158$15,772,316
June 30, 2023990$2,225,345$1,463,524$761,821$15,052,497$1,345$15,051,152
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,312,881
of which government grants
$1,128,310
Program service revenue
$0
Investment income
$48,566
Other revenue
$2,043

Expenses

Grants and similar amounts paid
$1,308,871
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,522
Program services (functional)
$1,585,783
Management and general (functional)
$20,522

Balance sheet and other

Total assets, start of year
$15,776,474
Total assets, end of year
$16,820,956
Total liabilities, end of year
$2,206
Net assets, end of year
$16,818,750
Net assets without donor restrictions
$701,319
Net assets with donor restrictions
$16,117,431
Gross receipts
$2,363,490
Employees
0
Volunteers
370
Year formed
1995
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRYAN GREENPRES. THRU 12/24; TREAS. AS OF 1/25
Trustee or director, Officer
1.25$0
RON SAUNDERSVP THRU 12/24; PRES. AS OF 1/25
Trustee or director, Officer
0.25$0
MARIANNE FINIZIODIRECTOR THRU 12/24; VP AS OF 1/25
Trustee or director, Officer
0.25$0
CHUCK LICIS-MASSONTSIC COORDINATOR/EXECUTIVE DIRECTOR
Trustee or director, Officer
5$0
MARY CHAMBERSTREAS. THRU 12/24; DIR. AS OF 1/25
Trustee or director, Officer
0.5$0
TERRY HUFFSECRETARY
Trustee or director, Officer
0.5$0
JOHN PADGETPRESIDENT EMERITUS
Trustee or director
0.25$0
THERESA AXFORDDIRECTOR
Trustee or director
0.25$0
LAURA CIAMPADIRECTOR
Trustee or director
0.25$0
JEROME COVINGTONDIRECTOR
Trustee or director
0.25$0
ZAYRA FOSSEDIRECTOR AS OF 1/25
Trustee or director
0.25$0
JEFF FROSTDIRECTOR
Trustee or director
0.25$0
JJAY GRAZETTEDIRECTOR
Trustee or director
0.25$0
TIM MALONEYDIRECTOR
Trustee or director
0.25$0
HOLLY RASCHEINDIRECTOR
Trustee or director
0.25$0
1 more people on this return
NameTitleHours / weekCompensation
CHARLENE WHITEDIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensation
BRYAN GREENPRESIDENT
Trustee or director, Officer
1.25$0
RON SAUNDERSDIRECTOR (THRU 8/23); VP AS OF 9/23
Trustee or director, Officer
0.25$0
CHUCK LICIS-MASSONTSIC COORDINATOR/EXECUTIVE DIRECTOR
Trustee or director, Officer
5$0
MARY CHAMBERSSEC. (THRU 8/23); TREAS. AS OF 9/23
Trustee or director, Officer
0.5$0
TERRY HUFFSECRETARY (AS OF 9/23)
Trustee or director, Officer
0.5$0
JOHN PADGETPRESIDENT EMERITUS
Trustee or director
0.25$0
THERESA AXFORDDIRECTOR
Trustee or director
0.25$0
LAURA CIAMPADIRECTOR
Trustee or director
0.25$0
BRUCE COHENDIRECTOR (THRU 2/24)
Trustee or director
0.25$0
JEROME COVINGTONDIRECTOR (AS OF 9/23)
Trustee or director
0.25$0
ALYSON CREANDIRECTOR (THRU 6/24)
Trustee or director
0.25$0
MARIANNE FINIZIODIRECTOR (AS OF 9/23)
Trustee or director
0.25$0
JEFF FROSTDIRECTOR
Trustee or director
0.25$0
JJAY GRAZETTEDIRECTOR (AS OF 9/23)
Trustee or director
0.25$0
PEG LARONDIRECTOR (THRU 6/24)
Trustee or director
0.25$0
TIM MALONEYDIRECTOR
Trustee or director
0.25$0
BRYANT PANTANODIRECTOR (THRU 6/23)
Trustee or director
0.25$0
HOLLY RASCHEINDIRECTOR
Trustee or director
0.25$0
CHARLENE WHITEDIRECTOR (AS OF 11/23)
Trustee or director
0.25$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensation
BRYAN GREENPRESIDENT
Trustee or director, Officer
1.25$0
CHUCK LICIS-MASSONTSIC COORDINATOR/EXECUTIVE DIRECTOR
Trustee or director, Officer
5$0
ROXY CASTROTREASURER
Trustee or director, Officer
5$0
MARY CHAMBERSSECRETARY
Trustee or director, Officer
0.5$0
JOHN PADGETPRESIDENT EMERITUS
Trustee or director
0.25$0
BEVERLY ANDERSDIRECTOR - THRU 5/1/23
Trustee or director
0.25$0
THERESA AXFORDDIRECTOR
Trustee or director
0.25$0
LAURA CIAMPADIRECTOR
Trustee or director
0.25$0
BRUCE COHENDIRECTOR
Trustee or director
0.25$0
ALYSON CREANDIRECTOR
Trustee or director
0.25$0
JEFF FROSTDIRECTOR
Trustee or director
0.25$0
BILL GOLDNERDIRECTOR - THRU 5/1/23
Trustee or director
0.25$0
JACKSON KAUFELTDIRECTOR - THRU 3/1/23
Trustee or director
0.25$0
PEG LARONDIRECTOR
Trustee or director
0.25$0
WAYNE MILLERDIRECTOR - THRU 5/1/23
Trustee or director
0.25$0
BRYANT PANTANODIRECTOR
Trustee or director
0.25$0
HOLLY RASCHEINDIRECTOR
Trustee or director
0.25$0
RON SAUNDERSDIRECTOR
Trustee or director
0.25$0
DAMIAN VANTRIGLIADIRECTOR - THRU 3/1/23
Trustee or director
0.25$0
TOM WILSONDIRECTOR - THRU 5/1/23
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
241 TRUMBO RD, KEY WEST, FL 33040-6684
In care of
% OMIS AVANT
Principal officer (990 for 2024)
BRYAN GREEN, 241 TRUMBO ROAD, KEY WEST, FL 33040
Signed the 990
BRYAN GREEN, TREASURER
Phone
(305) 293-1400
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO SUPPORT ACTIVITIES THAT ARE DIRECTED TOWARD AIDING, SUPPLEMENTING, IMPROVING, ENHANCING AND COMPLEMENTING THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM AND PROVIDE SCHOLARSHIPS FOR MONROE COUNTY STUDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE MONROE COUNTY EDUCATION FOUNDATION (MCEF), THROUGH ITS FLAGSHIP PROGRAM TAKE STOCK IN CHILDREN (TSIC), PROVIDES FUNDING, SUMMER EDUCATIONAL ENHANCEMENT OPPORTUNITIES, AND MENTORSHIP TO HELP MONROE COUNTY STUDENTS ACHIEVE THEIR POTENTIAL. MCEF PROVIDES ACCESS TO HIGHER EDUCATION FOR FLORIDA STUDENTS WHO ARE AT RISK OF NOT ATTENDING COLLEGE OR UNIVERSITY. THROUGH THE PROGRAM, MCEF MATCHES AT RISK STUDENTS WITH MENTORS, GUIDES STUDENTS IN MAKING SMART CAREER CHOICES, AND GUARANTEES RESOURCES SO THAT MONROE COUNTY STUDENTS MAY COMPLETE A COLLEGE DEGREE OR CERTIFICATE. TSIC MONROE GRANTS COLLEGE SCHOLARSHIPS UPON HIGH SCHOOL GRADUATION TO QUALIFIED 6TH-12TH GRADE STUDENT-RECIPIENTS OF INCOME ELIGIBLE FAMILIES RESIDING IN THE COUNTY. (CONTINUED ON SCHEDULE O.)TSIC MONROE IS AN AWARD-WINNING MODEL IN THE STATE OF FLORIDA, A CONCERTED ENDEAVOR CONSISTING OF APPROXIMATELY 370 DEDICATED VOLUNTEER MENTORS AND STUDENTS WITH A NETWORK OF INDIVIDUAL DONORS, CORPORATE SPONSORS AND A HARDWORKING STAFF. MCEF RECOGNIZED THE ACCOMPLISHMENTS AND CELEBRATED THE GRADUATION OF 81 TSIC SCHOLARS IN MAY 2025 DURING A LIVE OUTDOOR CEREMONY. A TOTAL OF 1,165 STUDENTS FROM MONROE COUNTY HAVE RECEIVED SCHOLARSHIPS SINCE THE PROGRAM WAS FOUNDED.
    Expenses $1,384,125 · grants $1,172,042
  • EXPERIMENT IN INTERNATIONAL LIVING (EIL), MONROE COUNTY IS A COMPANION PROGRAM THAT'S BEEN SPONSORED BY MCEF SINCE 2006. AREA HIGH-SCHOOL STUDENTS BENEFIT FROM THE EXPERIENCE OF LIVING ABROAD WITH FAMILIES FOR 3 TO 5 WEEKS DURING THE SUMMER. A VARIETY OF PROGRAM THEMES ARE DESIGNED TO INSTILL A DEEPER CULTURAL AWARENESS, NURTURE RELATIONSHIPS THROUGH THE DEVELOPMENT OF LANGUAGE SKILLS, AND ENCOURAGE MANY OTHER HANDS-ON ACTIVITIES. EIL HAS OFFERED THESE OPPORTUNITIES, NATIONALLY, SINCE 1932. DURING THE SUMMER OF 2025, 15 TSIC STUDENTS PARTICIPATED IN AN EIL PROGRAM.
    Expenses $136,829 · grants $136,829
  • COLLEGE AND CAREER READINESS PROJECTS ADDRESS THE CHALLENGES FACING AT-RISK, LOW-INCOME STUDENTS ON A PATH TOWARDS HIGH SCHOOL COMPLETION AND POST-SECONDARY ENROLLMENT. THESE INITIATIVES PREPARE PARTICIPANTS FOR COLLEGE AND CAREER PURSUITS AFTER HIGH SCHOOL, WHETHER THEY ENROLL IN COLLEGE OR A CAREER-TECHNICAL EDUCATION PROGRAM, AND PROVIDES SUPPORT ALONG THE SECONDARY EDUCATION CONTINUUM WITH WORKSHOPS AND RESOURCES FOCUSED ON PREPAREDNESS AND SUCCESS IN COLLEGE AND CAREER.MCEF, THROUGH ADDITIONAL GRANT-FUNDING, PROVIDES 4 COLLEGE CAMPUS VISITS AND TOURS DURING THE YEAR AS WELL AS SEVERAL COLLEGE AND CAREER READINESS WORKSHOPS TO TSIC STUDENTS IN MIDDLE AND HIGH SCHOOL.
    Expenses $64,829

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
65-0551178
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$16,820,956
Income (IRS master file)
$2,363,490

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,363,490$1,606,305$16,820,956XML
990June 2024$2,426,808$1,518,291$15,776,474XML
990June 2023$2,225,345$1,463,524$15,052,497XML
990June 2022$1,896,279$1,403,940$14,476,181IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 65-0551178).

Questions about MONROE COUNTY EDUCATION FOUNDATION INC

What is the EIN of MONROE COUNTY EDUCATION FOUNDATION INC?
The employer identification number (EIN) of MONROE COUNTY EDUCATION FOUNDATION INC is 65-0551178.
Is MONROE COUNTY EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to MONROE COUNTY EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONROE COUNTY EDUCATION FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MONROE COUNTY EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MONROE COUNTY EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MONROE COUNTY EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 names BRYAN GREEN.
Who are the officers and directors of MONROE COUNTY EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does MONROE COUNTY EDUCATION FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,363,490, expenses of $1,606,305 and total assets of $16,820,956 at year end.

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