2025-11-03T12:12:20-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-07-01 650551178 MONROE COUNTY EDUCATION FOUNDATION INC MONR 3052931400 241 TRUMBO ROAD KEY WEST FL 33040 BRYAN GREEN TREASURER 3052931400 2025-10-30 1 1 LACEY M QUATSOE P01300865 4078021200 2025-10-28 2024 2025-03-06 01:10:19Z BRYAN GREEN 241 TRUMBO ROAD KEY WEST FL 33040 2363490 0 X WWW.MONROECOUNTYEDFOUND.COM X 1995 FL TO AID, SUPPLEMENT, IMPROVE, ENHANCE AND COMPLEMENT THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM. 16 16 0 370 0 0 2390739 2312881 0 0 32969 48566 3100 2043 2426808 2363490 1223421 1308871 0 0 0 0 0 0 0 294870 297434 1518291 1606305 908517 757185 15776474 16820956 4158 2206 15772316 16818750 X TO SUPPORT ACTIVITIES THAT ARE DIRECTED TOWARD AIDING, SUPPLEMENTING, IMPROVING, ENHANCING AND COMPLEMENTING THE ACTIVITIES OF THE PUBLIC SCHOOL SYSTEM AND PROVIDE SCHOLARSHIPS FOR MONROE COUNTY STUDENTS. 0 1 1384125 1172042 THE MONROE COUNTY EDUCATION FOUNDATION (MCEF), THROUGH ITS FLAGSHIP PROGRAM TAKE STOCK IN CHILDREN (TSIC), PROVIDES FUNDING, SUMMER EDUCATIONAL ENHANCEMENT OPPORTUNITIES, AND MENTORSHIP TO HELP MONROE COUNTY STUDENTS ACHIEVE THEIR POTENTIAL. MCEF PROVIDES ACCESS TO HIGHER EDUCATION FOR FLORIDA STUDENTS WHO ARE AT RISK OF NOT ATTENDING COLLEGE OR UNIVERSITY. THROUGH THE PROGRAM, MCEF MATCHES AT RISK STUDENTS WITH MENTORS, GUIDES STUDENTS IN MAKING SMART CAREER CHOICES, AND GUARANTEES RESOURCES SO THAT MONROE COUNTY STUDENTS MAY COMPLETE A COLLEGE DEGREE OR CERTIFICATE. TSIC MONROE GRANTS COLLEGE SCHOLARSHIPS UPON HIGH SCHOOL GRADUATION TO QUALIFIED 6TH-12TH GRADE STUDENT-RECIPIENTS OF INCOME ELIGIBLE FAMILIES RESIDING IN THE COUNTY. (CONTINUED ON SCHEDULE O.)TSIC MONROE IS AN AWARD-WINNING MODEL IN THE STATE OF FLORIDA, A CONCERTED ENDEAVOR CONSISTING OF APPROXIMATELY 370 DEDICATED VOLUNTEER MENTORS AND STUDENTS WITH A NETWORK OF INDIVIDUAL DONORS, CORPORATE SPONSORS AND A HARDWORKING STAFF. MCEF RECOGNIZED THE ACCOMPLISHMENTS AND CELEBRATED THE GRADUATION OF 81 TSIC SCHOLARS IN MAY 2025 DURING A LIVE OUTDOOR CEREMONY. A TOTAL OF 1,165 STUDENTS FROM MONROE COUNTY HAVE RECEIVED SCHOLARSHIPS SINCE THE PROGRAM WAS FOUNDED. 136829 136829 EXPERIMENT IN INTERNATIONAL LIVING (EIL), MONROE COUNTY IS A COMPANION PROGRAM THAT'S BEEN SPONSORED BY MCEF SINCE 2006. AREA HIGH-SCHOOL STUDENTS BENEFIT FROM THE EXPERIENCE OF LIVING ABROAD WITH FAMILIES FOR 3 TO 5 WEEKS DURING THE SUMMER. A VARIETY OF PROGRAM THEMES ARE DESIGNED TO INSTILL A DEEPER CULTURAL AWARENESS, NURTURE RELATIONSHIPS THROUGH THE DEVELOPMENT OF LANGUAGE SKILLS, AND ENCOURAGE MANY OTHER HANDS-ON ACTIVITIES. EIL HAS OFFERED THESE OPPORTUNITIES, NATIONALLY, SINCE 1932. DURING THE SUMMER OF 2025, 15 TSIC STUDENTS PARTICIPATED IN AN EIL PROGRAM. 64829 0 COLLEGE AND CAREER READINESS PROJECTS ADDRESS THE CHALLENGES FACING AT-RISK, LOW-INCOME STUDENTS ON A PATH TOWARDS HIGH SCHOOL COMPLETION AND POST-SECONDARY ENROLLMENT. THESE INITIATIVES PREPARE PARTICIPANTS FOR COLLEGE AND CAREER PURSUITS AFTER HIGH SCHOOL, WHETHER THEY ENROLL IN COLLEGE OR A CAREER-TECHNICAL EDUCATION PROGRAM, AND PROVIDES SUPPORT ALONG THE SECONDARY EDUCATION CONTINUUM WITH WORKSHOPS AND RESOURCES FOCUSED ON PREPAREDNESS AND SUCCESS IN COLLEGE AND CAREER.MCEF, THROUGH ADDITIONAL GRANT-FUNDING, PROVIDES 4 COLLEGE CAMPUS VISITS AND TOURS DURING THE YEAR AS WELL AS SEVERAL COLLEGE AND CAREER READINESS WORKSHOPS TO TSIC STUDENTS IN MIDDLE AND HIGH SCHOOL. 1585783 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X X CHUCK LICIS-MASSON 3052931546 241 TRUMBO RD KEY WEST FL 33040 X BRYAN GREEN PRES. THRU 12/24; TREAS. AS OF 1/25 1.25 X X 0 0 0 RON SAUNDERS VP THRU 12/24; PRES. AS OF 1/25 0.25 X X 0 0 0 MARIANNE FINIZIO DIRECTOR THRU 12/24; VP AS OF 1/25 0.25 X X 0 0 0 CHUCK LICIS-MASSON TSIC COORDINATOR/EXECUTIVE DIRECTOR 5.00 X X 0 0 0 MARY CHAMBERS TREAS. THRU 12/24; DIR. AS OF 1/25 0.50 X X 0 0 0 TERRY HUFF SECRETARY 0.50 X X 0 0 0 JOHN PADGET PRESIDENT EMERITUS 0.25 X 0 0 0 THERESA AXFORD DIRECTOR 0.25 X 0 0 0 LAURA CIAMPA DIRECTOR 0.25 X 0 0 0 JEROME COVINGTON DIRECTOR 0.25 X 0 0 0 ZAYRA FOSSE DIRECTOR AS OF 1/25 0.25 X 0 0 0 JEFF FROST DIRECTOR 0.25 X 0 0 0 JJAY GRAZETTE DIRECTOR 0.25 X 0 0 0 TIM MALONEY DIRECTOR 0.25 X 0 0 0 HOLLY RASCHEIN DIRECTOR 0.25 X 0 0 0 CHARLENE WHITE DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 MONROE COUNTY SCHOOL DISTRICT 241 TRUMBO ROAD KEY WEST FL 33040 PROGRAM SERVICES 149200 1 1128310 1184571 2312881 48566 48566 FL LICENSE PLATE 900099 2043 2043 2043 2363490 0 0 50609 X 1308871 1308871 20522 20522 165805 165805 7242 7242 14677 14677 5110 5110 73619 73619 1038 1038 DUES AND SUBSCRIPTIONS 6220 6220 FEES AND CHARGES 3201 3201 1606305 1585783 20522 0 215175 123701 1159868 1206105 53362 57542 4149 4354 14343920 15429254 15776474 16820956 4158 2206 4158 2206 X 675538 701319 15096778 16117431 15772316 16818750 15776474 16820956 X 757185 289249 X 0 1 X 1 1 1 X 842949 1895918 2205741 2390739 2312881 9648228 285429 215275 395342 490760 495241 1882047 1128378 2111193 2601083 2881499 2808122 11530275 538741 10991534 437 361 16675 32969 48566 99008 2929 3100 2043 8072 11637355 0.94450 0.96690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FL LICENSE PLATE - 2022 AMOUNT: $ 2,179. 2023 AMOUNT: $ 2,100. 2024 AMOUNT: $ 2,043. LEAP REVENUE - 2022 AMOUNT: $ 750. 2023 AMOUNT: $ 1,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PREPAID SCHOLARSHIPS AND LOCAL FEE PLANS 11445676 PREPAID DORMITORY PLANS 3983578 15429254 X 3147980 495241 289249 784490 2363490 0 2363490 2101546 495241 495241 1606305 0 1606305 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) AND ACCORDINGLY NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX FILING THAT ARE NOT CERTAIN TO BE REALIZED. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON PREPAID SCHOLARSHIPS 289,249. 1 COLLEGE SCHOLARSHIPS 201 1172042 N/A N/A EIL TRAVEL PROGRAM 15 136829 N/A N/A PART I, LINE 2: FUNDING IS BASED ON SPECIFIED CRITERIA AS DETERMINED AND MONITORED ANNUALLY BY MANAGEMENT AND THE BOARD OF DIRECTORS. SCHOLARSHIPS ARE PAID DIRECTLY TO THE INSTITUTIONS TO ENSURE APPROPRIATE USE OF FUNDS. FORM 990, PART III, LINE 3 PROJECT LEAD THE WAY WAS DISCONTINUED IN 2024 DUE TO EXHAUSTED FUNDING. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE PRESIDENT, THE SUPERINTENDENT, RECORDING SECRETARY, TREASURER AND ANY TWO ELECTED DIRECTORS TO BE SELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY DESIGNATED BY THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD. MINUTES OF THE EXECUTIVE COMMITTEE WILL BE DISTRIBUTED TO EVERY BOARD MEMBER PRIOR TO THE NEXT REGULAR BOARD MEETING. THE EXECUTIVE COMMITTEE MAY NOT AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF DIRECTORS, NOR ENTER INTO ANY TRANSACTION TO WHICH THE FOUNDATION IS A PARTY, AND IN WHICH ONE OR MORE OF THE DIRECTORS HAS A MATERIAL FINANCIAL INTEREST. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CATEGORIES: (A) MENTOR MEMBER: RECOGNIZING THE DEDICATION AND SERVICE OF MENTORS IN THE TSIC PROGRAM, ALL MENTORS IN ACTIVE SERVICE, (AND MENTORS WHO HAVE SERVED) AND MENTORS WHO HAVE QUALIFIED FOR FUTURE DUTY SHALL BE MEMBERS OF THIS FOUNDATION, WITHOUT PAYMENT OF DUES. (B) INDIVIDUAL MEMBER: INDIVIDUALS WHO SUPPORT THE PURPOSE AND OBJECTIVES OF THIS FOUNDATION CAN JOIN UPON PAYMENT OF ANNUAL DUES AS DETERMINED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF MCEF THAT ITS BOARD MEMBERS, COMMITTEE MEMBERS, AND EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. IT IS THE POLICY OF MCEF THAT THESE INDIVIDUALS HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. NO PRESUMPTION OF GUILT IS CREATED BY THE MERE EXISTENCE OF A RELATIONSHIP WITH OUTSIDE FIRMS. HOWEVER, IF ANY SUCH PERSON HAS ANY INFLUENCE ON TRANSACTIONS INVOLVING PURCHASES, CONTRACTS, OR LEASES, IT IS IMPERATIVE THAT HE OR SHE DISCLOSES TO AN OFFICER OF MCEF AS SOON AS POSSIBLE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. EVERY MEMBER OF THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON THE WEBSITE. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TSIC PROGRAMS: PROGRAM SERVICE EXPENSES 16,605. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,605. PROGRAM PERSONNEL: PROGRAM SERVICE EXPENSES 149,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 149,200. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON PREPAID SCHOLARSHIPS 289,249.