Monroe 1 Boces Educational Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MONROE #1 BOARD OF COOPERATIVE EDUCATIONAL SERVICES (BOCES), IN PARTNERSHIP WITH OUR COMPONENT SCHOOL DISTRICTS, EXISTS TO EDUCATE AND PROVIDE SERVICES WHICH SUPPORT EDUCATION FOR INDIVIDUALS, CHILDREN THROUGH ADULTS, IN THE BOCES COMMUNITY IN ORDER TO PROVIDE THEM THE OPPORTUNITY TO REACH THEIR FULLEST POTENTIAL. BOCES WILL DO THIS IN A CARING AND COST EFFECTIVE MANNER.
- Income
- $1.3 million
- Spending
- $465,139
- Spent on programs
- 98%
- Reserves
- -11.2 months of spending
- Largest source of income
- other income, 93%
- Employees
- 0
- Volunteers
- 12
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 64% of income.
Income trend
15 of 15Income rose 4% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 92 out of 100. Higher than 60% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $363,340 spent. RENTAL OF FOUR SCHOOL BUILDINGS TO MONROE 1 BOCES.
- $59,775 spent. THE SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) PILOT PROGRAM IS INTENDED TO PROVIDE A BROADER TOOLSET TO THE TEACHERS OF SCHOOL 23 AS THEY BRING AN ENHANCED SCIENCE CURRICULUM TO THEIR STUDENTS. THE PROGRAM IS INTENDED TO BE SCHOOL-DIRECTED AND WILL BE MADE AVAILABLE TO ALL K-6 CLASSES SCHOOL WIDE.
- $33,834 spent. TO ESTABLISH, FOSTER, ENCOURAGE AND ENRICH ACADEMIC PROGRAMS FOR MONROE 1 BOCES STUDENTS BY FUNDING VARIOUS FIELD TRIPS AND PROGRAM SUPPLIES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.