MONSTER EDUCATION FOUNDATION NFP: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
MONSTER EDUCATION FOUNDATION NFP (EIN 83-1880124)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-26
IRS object ID
202311499349200556
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-26T13:57:38-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN922479333PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WunmiConsulting LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19433 s langley aveAddressLine1Txt
CitychicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60619ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN831880124EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONSTER EDUCATION FOUNDATION NFPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONSBusinessNameControlTxt
Phone7733069655PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19435 Tripp AveAddressLine1Txt
CitySkokieCityNm
State AbbreviationILStateAbbreviationCd
ZIP60076ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJennifer ChangPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone7733069655PhoneNum
Signature2023-05-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonOlawunmi OduyeboPreparerPersonNm
PTINP02121188PTIN
Phone2242156438PhoneNum
Preparation2023-05-26PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer1TrustedCustomerCd
OOB Security Verification11OOBSecurityVerificationCd
Last Submission Rqr OOB1LastSubmissionRqrOOBCd
Authentication Assurance LevelAAL2AuthenticationAssuranceLevelCd
Profile Password ChangeYes (X)ProfilePasswordChangeInd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addressmonstereducationfoundation.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$152,268GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$143,184ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$2,326InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$6,048FundraisingGrossIncomeAmt
Special Events Direct Expenses$10,575SpecialEventsDirectExpensesAmt
Special Events Net Income Loss-$4,527SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$710GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$710GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$141,693TotalRevenueAmt
Grants And Similar Amounts Paid$0GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$0SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$11,445FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$0OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$337PrintingPublicationsPostageAmt
Other Expenses Total$41,282OtherExpensesTotalAmt
Total Expenses$53,064TotalExpensesAmt
Excess Or Deficit For Year$88,629ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$211,577NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets-$11,407OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$288,799NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$212,757BOYAmt
EOY$293,840EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$212,757BOYAmt
EOY$293,840EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,180BOYAmt
EOY$5,041EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$211,577BOYAmt
EOY$288,799EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeMonster Education Foundation exists in order to carefully select and invest in the most promising young leaders in some of the most under-resourced neighborhoods in Chicago's South and West sides known for high crime and low educational outcomes. We empower them to be servant leaders in the community starting now while equipping them for life beyond high school through programming and funding scholarships for post secondary education.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Academic Program: Every Monster Scholar who enrolls in the program as a sixth grader receives a college scholarship account from MEF. Scholars may increase their scholarship accounts by giving back to their communities, participating in MEF events, and reporting their report card grades. The balance grows until the student graduates from high school. Scholars can earn over $2,000 each year.The matured scholarship is distributed equally among installments made annually upon acceptance to an accredited post-secondary school. MEF awarded a total of about $9,400 in scholarship expenses (disbursement for college tuition and related fees) to eight (8) students, accounting for 99% of the expenses in the academic program.$33,782$9,995
Leadership Program: The MEF leadership program's primary purpose is to equip our students to be change agents and servant leaders in their communities. Each year, one of the primary activities that does this is the leadership conference. The 2022 leadership conference was held in October. During the Leadership Conference, students were paired with adult mentors who guided them through the Life Game, a simulation of living as an adult for a month. Scholars faced the difficulties of making sound financial decisions with the goal of "staying in the black" at the end of the game. They gained excellent financial insights from their various experiences, and many of them recognized that Ernest Grays, who served as our keynote speaker, discussed "Know Your Why." A total of about thirty persons (30) attended, including scholars, other teenagers, and adults.$16,891$4,437
Outreach to Community: One of the main activity included in this category is the Individual Service Projects (ISPs). Our students select a need in their neighborhood and create a strategy to address it for the ISPs. Every year, an ISP must be finished by each scholar. In 2022, 11 scholars successfully finished their ISPs; these projects included giving away school supplies to those in need, holding focus groups to discuss girl drama and ways to prevent girl violence, cleaning up the environment, fostering good relations between the police and the community, distributing care packages to those without homes, and bringing joy to people with disabilities. Each student is given a maximum of $300 to finish their ISPs.$28,152$9,892
MEF has other programs such as the Mentorship program, College Prep program, Scholar Incentives and Social Bonding programs.$15,765$7,463
FieldValueIRS element (for citing)
Total Program Service Expenses$31,787TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (13 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Jennifer Chang
Executive Director30$600$0$0
Christine Toy
Chief Operating Officer10$7,200$0$0
Sarah Toy
Financial Project Manager2$600$0$0
Kyu Choi
Board Member2$0$0$0
Mike Chang
Board Member2$0$0$0
Raschele Himalaya
Board Member2$0$0$0
Chyna Norwood
Board Member2$0$0$0
Chris Knight
Board Member2$0$0$0
Rene Alvarado
Board Member2$0$0$0
Alana Groves
Board Member3$0$0$0
Gerald Riles
Board Member1$0$0$0
De'Airius Salibi
Board Member3$0$0$0
Olawunmi Oduyebo
Book-keeper10$2,400$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJennifer ChangPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19435 Tripp AveAddressLine1Txt
CitySkokieCityNm
State AbbreviationILStateAbbreviationCd
ZIP60076ZIPCd
FieldValueIRS element (for citing)
Phone7733069655PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$74,741CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$162,701CurrentTaxYearMinus1YearAmt
Current Tax Year$142,306CurrentTaxYearAmt
Total$453,239TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,271CurrentTaxYearMinus1YearAmt
Current Tax Year$6,758CurrentTaxYearAmt
Total$12,029TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
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Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$74,741CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$167,972CurrentTaxYearMinus1YearAmt
Current Tax Year$149,064CurrentTaxYearAmt
Total$465,268TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$78,616CurrentTaxYearMinus1YearAmt
Current Tax Year$65,345CurrentTaxYearAmt
Total$143,961TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$78,616CurrentTaxYearMinus1YearAmt
Current Tax Year$65,345CurrentTaxYearAmt
Total$143,961TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$321,307PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,191CurrentTaxYearMinus1YearAmt
Current Tax Year$2,326CurrentTaxYearAmt
Total$3,517TotalAmt

Post1975 UBTI Post1975UBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,191CurrentTaxYearMinus1YearAmt
Current Tax Year$2,326CurrentTaxYearAmt
Total$3,517TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

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Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,231CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$74,741CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,260CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$169,163CurrentTaxYearMinus1YearAmt
Current Tax Year$151,390CurrentTaxYearAmt
Total$468,785TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 16Description;Amount^Business Certificates and License Insurance;700|Donation Processing Fees;1428|Honorarium;300|Intern Stipend Payments;500|General and Administrative Expenses;2013|Program Expenses;32313|Supplies and Software;4028^Total;41282^
Form 990-EZ, Part I, Line 20Description;Amount^Unrealized Loss from Large Cap and Moderate Allocation Fund;-15559|Dividend Reinvested;647|LT Capital Gain Reinvested;1313|2021 Investment Adjustment;2192^Total;-11407^
Form 990-EZ, Part II, Line 26Description;EOY Amount^Credit Card and Other Expenses;5221|Other Expenses;-180^Total;5041^

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