Monarch Arts and Wellness Foundation
Nonprofit profile at a glance
- EIN
- 853462479
- IRS 990-EZ coverage
- 2022–2023
- Forms available
- Form 990-EZ 2023, Form 990-T 2023
- Location
- Los Angeles, CA, USA
- Phone
- 7576135078
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $81,900
- Expenses
- $81,600
- Assets
- $300
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- NYALLA SCHWARTZ (President & CEO)
People named in this filing
- NYALLA SCHWARTZ (President & CEO)
- WILLIAM SCHWARTS (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At the Monarch Arts and Wellness Foundation, we are on a passionate quest to transform lives through the dynamic fusion of arts and wellness! Our events and initiatives are designed to generate the funding needed to amplify our missionpromoting mental, emotional, and physical well-being through the power of creative expression.Our mission is to ensure that everyone has access to holistic health programs that enhance overall quality of life. By harnessing the transformative potential of the arts and wellness, we empower individuals and communities to lead healthier, more fulfilling lives. We envision a harmonious, vibrant worldone brushstroke, one note, and one connection at a time.
What it reported doing in 2023
Our mission is to ensure that everyone has access to holistic health programs that enhance overall quality of life. By harnessing the transformative potential of the arts and wellness, we empower individuals and communities to lead healthier, more fulfilling lives. We envision a harmonious, vibrant worldone brushstroke, one note, and one connection at a time.Our mission is to ensure that everyone has access to holistic health programs that enhance overall quality of life. By harnessing the transformative potential of the arts and wellness, we empower individuals and communities to lead healthier, more fulfilling lives. We envision a harmonious, vibrant worldone brushstroke, one note, and one connection at a time.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 99.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.