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Monroe Street Neighborhood Center

EIN 34-1925952 · Toledo, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MONROE STREET NEIGHBORHOOD CENTER IS COMMITTED TO WORKING IN PARTNERSHIP WITH OUR NEIGHBORS TO PROMOTE SELF-SUFFICIENCY, STRENGHTEN AND ENRICH FAMILIES AND DEVELOP COMMUNITY OWNERSHIP.

Income
$240,704
Spending
$295,334
Spent on programs
64%
Reserves
5.2 months of spending
Largest source of income
donations and private grants, 61%
Employees
13
Volunteers
72
Highest pay
$27,325, interim executive director (june-october)

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

Weak: 48 out of 100. Higher than 22% of charities in its peer group (human services, under $250k).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.2 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 23% of income.

  • Income trend

    0 of 15

    Income fell 46% on the year before.

  • Spending floor

    8 of 15

    64% of spending went to programs and raising each dollar of donations cost 9 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

Good: 71 out of 100. Higher than 60% of charities in its peer group (human services, under $250k).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, 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 (2)
  1. $35,799 spent. FREEDOM SCHOOL: A SUMMER READING PROGRAM FOR CHILDREN AGES FIVE THROUGH TWELVE. YOUNG SCHOLARS SPENT SIX WEEKS PARTICIPATING IN READING CLASSES TAUGHT BY LOCAL COLLEGE STUDENTS. WE PARTNERED WITH LOCAL ORGANIZATIONS TO PROVIDE ENRICHMENT ACTIVITIES IN ADDITION TO READING. CHILDREN ENJOYED GARDENING, SINGING, DANCING, ACTING, TAI CHI, CARDIO, DRUMMING, SWIMMING, COOKING, ART, AND LOCAL FIELD TRIPS. KIDS ALSO RECEIVED A HEALTHY BREAKFAST AND A HEALTHY LUNCH AT NO COST EACH DAY.
  2. $153,652 spent. PUBLIC SUPPORT: OUR BRIDGE PROGRAM OFFERS A FOOD PANTRY, CLOTHING CLOSET, HOUSEHOLD ITEMS AND BIRTH CERTIFICATE ASSISTANCE TO AN AVERAGE OF 100 HOUSEHOLDS WEEKLY. THE BLUFF STREET VILLAGE PROJECT PROVIDES NEW, 400 SQUARE FOOT "TINY HOMES" TO LOW-INCOME HOUSEHOLDS, AND OFFERS A PATH TO HOME OWNERSHIP TO RESIDENTS, WHILE TRANSFORMING A BLOCK OF VACANT LOTS. THE TOLEDO TOOL LENDING LIBRARY, ADJACENT TO BLUFF STREET VILLAGE, HAS AN INVENTORY OF HUNDREDS OF TOOLS AND GARDENING IMPLEMENTS AVAILABLE FOR LOAN FOR A SMALL MEMBERSHIP FEE.

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

  1. 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 September 7, 2026.

  2. 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 September 30, 2026.

  3. 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 September 10, 2026.

  4. 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 September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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 October 7, 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.