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MONUMENT ACADEMY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MONUMENT ACADEMY INC (EIN 46-3662061)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-12-17
IRS object ID
202513519349300706
Schema version
2024v5.2
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)
Return2025-12-17T10:47:00-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521853933PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JM&MBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110500 LITTLE PATUXENT PARKWAY SUITEAddressLine1Txt
Address Line2770AddressLine2Txt
CityCOLUMBIACityNm
State AbbreviationMDStateAbbreviationCd
ZIP21044ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463662061EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONUMENT ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONUBusinessNameControlTxt
Phone2025453180PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 19TH STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY GRANTPersonNm
Person TitleCEO/HEAD OF SCHOOLPersonTitleTxt
Phone2025453180PhoneNum
Signature2025-12-17SignatureDt
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 PersonMEENA BISHNOIPreparerPersonNm
PTINP01480769PTIN
Phone4108840220PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFFREY GRANTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 19TH STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,936,823GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MONUMENTACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO EMPOWER CHILDREN AND FAMILIES WHO HAVE EXPERIENCED SIGNIFICANT ADVERSITY, INCLUDING INVOLVEMENT OR RISK OF INVOLVEMENT IN CHILD WELFARE AND/OR OTHER SOCIAL SERVICE SYSTEMS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee132TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,851,565PYContributionsGrantsAmt
CY Contributions Grants$1,354,785CYContributionsGrantsAmt
PY Program Service Revenue$10,456,034PYProgramServiceRevenueAmt
CY Program Service Revenue$12,338,934CYProgramServiceRevenueAmt
PY Investment Income$167,427PYInvestmentIncomeAmt
CY Investment Income$238,104CYInvestmentIncomeAmt
PY Other Revenue$50,113PYOtherRevenueAmt
CY Other Revenue$5,000CYOtherRevenueAmt
PY Total Revenue$13,525,139PYTotalRevenueAmt
CY Total Revenue$13,936,823CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,162,885PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,633,438CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$182,620CYTotalFundraisingExpenseAmt
PY Other Expenses$4,816,235PYOtherExpensesAmt
CY Other Expenses$5,514,759CYOtherExpensesAmt
PY Total Expenses$12,979,120PYTotalExpensesAmt
CY Total Expenses$14,148,197CYTotalExpensesAmt
PY Revenues Less Expenses$546,019PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$211,374CYRevenuesLessExpensesAmt
Total Assets BOY$21,920,148TotalAssetsBOYAmt
Total Assets EOY$25,173,794TotalAssetsEOYAmt
Total Liabilities BOY$15,118,856TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,583,876TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,801,292NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,589,918NetAssetsOrFundBalancesEOYAmt
MissionTO EMPOWER CHILDREN AND FAMILIES WHO HAVE EXPERIENCED SIGNIFICANT ADVERSITY, INCLUDING INVOLVEMENT OR RISK OF INVOLVEMENT IN CHILD WELFARE AND/OR OTHER SOCIAL SERVICE SYSTEMS. THE OBJECTIVE IS TO IMPROVE EDUCATIONAL AND LIFE OUTCOMES, PARTICULARLY FOR OLDER YOUTHS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$10,306,478ExpenseAmt
Revenue$12,338,934RevenueAmt
DescMONUMENT ACADEMY'S PROGRAMS INCLUDE A DAYTIME SCHOOL PROGRAM, WHICH INVOLVES EDUCATING STUDENTS AND ENRICHMENT ACTIVITIES, AND AN EVENING RESIDENTIAL PROGRAM, WHICH INVOLVES HOUSING STUDENTS FROM SUNDAY EVENING THROUGH FRIDAY.Desc
Total Program Service Expenses$10,306,478TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee132EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFFREY GRANTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2025453180PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 19TH STREET NEAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
EMILY BLOOMFIELD
FOUNDER AND CHAIR2.00Yes (X)Yes (X)$0$0$0
CHUCK JONES
VICE CHAIR AS OF SEPTEMBER 20242.00Yes (X)Yes (X)$0$0$0
JAMES WALLER
FINANCE CHAIR/TREASURER2.00Yes (X)Yes (X)$0$0$0
REQUITA MCNEIL
SECRETARY2.00Yes (X)Yes (X)$0$0$0
CARLA WATSON
ACADEMIC COMMITTEE CHAIR2.00Yes (X)Yes (X)$0$0$0
TAMERIA LEWIS
VICE CHAIR UNTIL SEPTEMBER 20242.00Yes (X)Yes (X)$0$0$0
DONNA ANTHONY
BOARD MEMBER2.00Yes (X)$0$0$0
MICHAEL D'ALESSANDRO
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID WARE
BOARD MEMBER AS OF SEPTEMBER 20242.00Yes (X)$0$0$0
JEFFREY GRANT
HEAD OF SCHOOL AND CEO40.00Yes (X)$259,604$0$24,838
GREG GASKINS
CHIEF OF OPERATIONS40.00Yes (X)$142,842$0$21,221
JEFFREY MCHUGH
CHIEF OF DATA, SYSTEMS, & IT40.00Yes (X)$127,226$0$19,676
ASHLEY DECRUISE
PRINCIPAL40.00$172,583$0$17,126Yes (X)
DANIELLE NELSON
CHIEF OF WELL-BEING40.00$135,691$0$16,353Yes (X)
BRITTANY DAVID
DIRECTOR OF STUDENT SERVICES40.00$119,839$0$16,784Yes (X)
KATRICE FULLER-WHITAKER CHIEF
OF STUDENT & FAMILY ENGAGEMENT40.00$146,716$0$18,942Yes (X)
JAMES LONG
DIRECTOR OF OPERATIONS40.00$111,121$0$14,373Yes (X)
ANNA SCUDIERO
DEVELOPMENT DIRECTOR40.00$106,792$0$21,958Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,322,414TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$171,271TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BUSY BEE ENVIRONMENTAL SERVICES
7826 EASTERN AVE SUITE 503WASHINGTONDC20012BUILDING MAINTENANCE$703,342
GENUINE FOOD LABS LLC
PO BOX 96503WASHINGTONDC20090FOOD SERVICE$286,407
DC PUBLIC CHARTER SCHOOL BOARD
100 M STREET SE STE 400WASHINGTONDC20003AUTHORIZER FEES$230,637
EDOPS
1140 19TH ST NW STE 650WASHINGTONDC20036ACCOUNTING & DATA PROCUREMENT$181,206
PARADIGM THERAPY PARTNERS
4483A FORBES BOULEVARDLANHAMMD20706OT & ST SERVICES$110,626
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$1,019,115GovernmentGrantsAmt
All Other Contributions$335,670AllOtherContributionsAmt
Noncash Contributions$11,128NoncashContributionsAmt
Total Contributions$1,354,785TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PER PUPIL FACILITY ALLOWANCE900099$11,024,410$11,024,410
PER PUPIL APPROPRIATIONS900099$1,314,524$1,314,524
FieldValueIRS element (for citing)
Total Program Service Revenue$12,338,934TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$238,104TotalRevenueColumnAmt
Exclusion$238,104ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$5,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$5,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,000TotalRevenueColumnAmt
Exclusion$5,000ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,936,823TotalRevenueColumnAmt
Related Or Exempt Func Income$12,338,934RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$243,104ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$800,685TotalAmt
Program Services$592,728ProgramServicesAmt
Management And General$196,208ManagementAndGeneralAmt
Fundraising$11,749FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,494,179TotalAmt
Program Services$4,807,477ProgramServicesAmt
Management And General$1,591,402ManagementAndGeneralAmt
Fundraising$95,300FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$125,213TotalAmt
Program Services$92,692ProgramServicesAmt
Management And General$30,684ManagementAndGeneralAmt
Fundraising$1,837FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$630,354TotalAmt
Program Services$466,634ProgramServicesAmt
Management And General$154,469ManagementAndGeneralAmt
Fundraising$9,251FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$583,007TotalAmt
Program Services$431,585ProgramServicesAmt
Management And General$142,867ManagementAndGeneralAmt
Fundraising$8,555FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$28,000TotalAmt
Program Services$28,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$248,402TotalAmt
Management And General$248,402ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$212,964TotalAmt
Program Services$68,198ProgramServicesAmt
Management And General$139,431ManagementAndGeneralAmt
Fundraising$5,335FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$160,743TotalAmt
Program Services$119,047ProgramServicesAmt
Management And General$39,341ManagementAndGeneralAmt
Fundraising$2,355FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$56,005TotalAmt
Management And General$56,005ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,473,873TotalAmt
Program Services$1,091,071ProgramServicesAmt
Management And General$361,173ManagementAndGeneralAmt
Fundraising$21,629FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,981TotalAmt
Program Services$9,981ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$178,827TotalAmt
Program Services$176,234ProgramServicesAmt
Management And General$2,447ManagementAndGeneralAmt
Fundraising$146FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$774,084TotalAmt
Program Services$573,035ProgramServicesAmt
Management And General$189,690ManagementAndGeneralAmt
Fundraising$11,359FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,029,066TotalAmt
Program Services$761,738ProgramServicesAmt
Management And General$252,224ManagementAndGeneralAmt
Fundraising$15,104FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$100,312TotalAmt
Management And General$100,312ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DIRECT STUDENT EXPENSES$1,085,701$1,085,701
AUTHORIZER FEES$125,490$125,490
DUES & SUBSCRIPTIONS$27,188$27,188
MISCELLANEOUS EXPENSES$2,357$2,357

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,766TotalAmt
Management And General$1,766ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,148,197TotalAmt
Program Services$10,306,478ProgramServicesAmt
Management And General$3,659,099ManagementAndGeneralAmt
Fundraising$182,620FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$66,588BOYAmt
EOY$113,084EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,850,566BOYAmt
EOY$4,860,427EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$772,278BOYAmt
EOY$595,558EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$17,329EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$51,954BOYAmt
EOY$59,164EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,001,472LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,767,977LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,154,581BOYAmt
EOY$16,233,495EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$24,181BOYAmt
EOY$3,294,737EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,920,148BOYAmt
EOY$25,173,794EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$194,540BOYAmt
EOY$370,777EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,974BOYAmt
EOY$15,093EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$14,899,450BOYAmt
EOY$14,589,258EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,892BOYAmt
EOY$3,608,748EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,118,856BOYAmt
EOY$18,583,876EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,796,292BOYAmt
EOY$6,584,918EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,000BOYAmt
EOY$5,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,801,292BOYAmt
EOY$6,589,918EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,920,148BOYAmt
EOY$25,173,794EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$211,374ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

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 D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,820,351OtherCostOrOtherBasisAmt
Depreciation$2,961,886DepreciationAmt
Book Value$15,858,465BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$313,738OtherCostOrOtherBasisAmt
Depreciation$242,852DepreciationAmt
Book Value$70,886BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$867,383OtherCostOrOtherBasisAmt
Depreciation$563,239DepreciationAmt
Book Value$304,144BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,233,495TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FINANCE LEASE, RIGHT-OF-USE ASSETS$9,454
DEPOSITS$52,551
OPERATING LEASE, RIGHT-OF-USE ASSETS$3,232,732
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,294,737TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
FINANCE LEASE LIABILITIES$10,157
OPERATING LEASE LIABILITIES$3,598,591
FieldValueIRS element (for citing)
Total Liability$3,608,748TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$13,936,823TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$13,936,823RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$13,936,823TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,148,197TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,148,197ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,148,197TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SCHOOL HAS ANALYZED ITS TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN TAX YEARS ENDED JUNE 30, 2022 THROUGH 2024. THE SCHOOL IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS.ExplanationTxt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc0PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc75500ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT REVENUE PROCEDURE 75-50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.
SCHEDULE E, PART I, LINE 4REVENUE PROCEDURE 75 - 50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVES GOVERNMENT FINANCIAL ASSISTANCE FROM THE DISTRICT OF COLUMBIA, FEDERAL DEPARTMENT OF AGRICULTURE SCHOOL LUNCH PROGRAM, AND FEDERAL CONGRESSIONAL APPROPRIATIONS.
SCHEDULE E, PART I, LINE 7THE SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS OPERATING UNDER A CONTRACT WITH THE DC GOVERNMENT REVENUE PROCEDURE 75-50 DOES NOT APPLY TO PUBLIC CHARTER SCHOOLS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEFFREY GRANT
HEAD OF SCHOOL AND CEO$238,404$0$21,200$0$0$0$5,033$0$19,805$0$284,442$0$0$0
ASHLEY DECRUISE
PRINCIPAL$164,783$0$7,800$0$0$0$5,074$0$12,052$0$189,709$0$0$0
KATRICE FULLER-WHITAKER CHIEF
OF STUDENT & FAMILY ENGAGEMENT$130,113$0$16,603$0$0$0$5,470$0$13,472$0$165,658$0$0$0
GREG GASKINS
CHIEF OF OPERATIONS$136,903$0$5,939$0$0$0$3,103$0$18,118$0$164,063$0$0$0
DANIELLE NELSON
CHIEF OF WELL-BEING$130,551$0$5,140$0$0$0$4,710$0$11,643$0$152,044$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationEMPLOYEE BONUSES ARE AWARDED UNDER TWO PROGRAMS. DECEMBER BONUSES ARE PAID IN FIXED AMOUNTS BASED ON EACH EMPLOYEE'S LENGTH OF SERVICE WITH MONUMENT DURING THE CURRENT SCHOOL YEAR. BONUSES PAID AT THE END OF THE SCHOOL YEAR ARE MERIT-BASED AND DETERMINED USING EMPLOYEE PERFORMANCE EVALUATIONS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonJEFFREY GRANTPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionHEAD OF SCHOOL/COERelationshipDescriptionTxt
Transaction$78,703TransactionAmt
TransactionJEFFREY HAS A FAMILY MEMBER WHO IS ALSO AN EMPLOYEE OF MONUMENT ACADEMY.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CEO AND THE BOARD PRIOR TO APPROVAL AND SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION HAS A WRITTEN PROCESS TO ENSURE NO CONFLICT OF INTEREST BEFORE THE BOARD VOTE ON EACH CONTRACT.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED ITS AUDIT OVERSIGHT PROCESS OR PROCESS OF SELECTION OF AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.