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Kentucky · Nonprofit

MONROE MEDICAL FOUNDATION INC

MONROE MEDICAL FOUNDATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $127,288 to it, the largest being KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC ($127,288). 1 of them have funded it in more than one year.

Revenue FY2025
$23M
Funders on record
1
Grants received
$127k
Net assets
$29M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Monroe Medical Foundation Inc does

Mission

ACUTE CARE HOSPITAL - The mission of the Monroe Medical Foundation, Inc. is to be a rural healthcare organization who values compassion, respect and confidentiality, and provides quality, safe, primary and specialty services for the citizens of Monroe County and surrounding area through detection, prevention and treatment of illness. We achieve this by operating a 49 bed acute care hospital, ambulance service, county 911 service, 3 employed physicians and an adult daycare service.

As stated on its FY2025 Form 990.

Programs

  1. Inpatient Care - Monroe Medical Foundation, Inc. operates a 49 bed acute care hospital. The hospital admitted 1,058 patients, treated 5,174 patients in the emergency room, treated 17,631 patients as outpatient referrals and made 2,010 ambulance runs in FYE 2-28-25. The patients admitted to the hospital as regular inpatients consisted of approximately 76% Medicare patients and 15% Medicaid patients. Approximately 1% of patients admitted did not have Medicare or Medicaid, and did not have any type of insurance. The hospital also began providing Swing Bed services in December 2014. We admitted 32 patients to the swing bed status during the fiscal year, and we had 252 swing bed patient days. (Grants included 4 high school graduates' scholarships and 2 individuals in RN school).

    $21,579,470 spentof which $15,500 as grants$22,823,615 earned by the program
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $21,579,470.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($18M) Expenses 100 ($18M) Net assets 100 ($25M)2018 Revenue 105 ($19M) Expenses 106 ($19M) Net assets 100 ($25M)2019 Revenue 110 ($20M) Expenses 108 ($20M) Net assets 102 ($26M)2020 Revenue 107 ($20M) Expenses 110 ($20M) Net assets 100 ($25M)2021 Revenue 120 ($22M) Expenses 110 ($20M) Net assets 108 ($27M)2022 Revenue 128 ($24M) Expenses 118 ($21M) Net assets 117 ($30M)2023 Revenue 114 ($21M) Expenses 120 ($22M) Net assets 115 ($29M)2024 Revenue 114 ($21M) Expenses 125 ($23M) Net assets 108 ($27M)2025 Revenue 125 ($23M) Expenses 131 ($24M) Net assets 113 ($29M)
'17'18'19'20'21'22'23'24'25
Revenue (125)Expenses (131)Net assets (113)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $27M to $35M (+31%).

$27M
$27M
$28M
$27M
$35M
$36M
$32M
$30M
$30M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 3% · 2018 3% · 2019 3% · 2020 3% · 2021 25% · 2022 14% · 2023 12% · 2024 4% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

4% of MONROE MEDICAL FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$101k
’17
−$77k
’18
$500k
’19
−$413k
’20
$2.1M
’21
$2.1M
’22
−$942k
’23
−$1.8M
’24
−$1.0M
’25
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Andrea L Rich McLerran

Exec Director/CEO

Board chair

Polly Baker

Board President

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24'25
Listed151617171716151717
Joined·+2+2+2+1+2+2+3+1
No longer listed·11213311
03Who funds it

Who funds it, year by year

2017 → 2019: the base held at 1 funder, grant income rose $9k → $10k.

Funder
'17
'18
'19
'25*
total
funders
1
1
1
1

From the IRS filings of MONROE MEDICAL FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of MONROE MEDICAL FOUNDATION INC's grant income comes from Kentucky funders.

KY

In-state vs out-of-state, by year

’17
’18
’19
Kentucky out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MONROE MEDICAL FOUNDATION INC's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−5% · bottom quartile
Months of reserve0.7mo · below the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like MONROE MEDICAL FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

9
board members
78%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for MONROE MEDICAL FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MONROE MEDICAL FOUNDATION INC?
MONROE MEDICAL FOUNDATION INC (Kentucky) receives grants from 1 organization whose IRS filings report $127,288 to it, the largest being KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC ($127,288). 1 of them have funded it in more than one year.
How many funders does MONROE MEDICAL FOUNDATION INC have?
IRS filings report 1 organization giving $127,288 in grants to MONROE MEDICAL FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of MONROE MEDICAL FOUNDATION INC?
KY HOSPITAL RESEARCH & EDUCATION FOUNDATION INC is the largest funder on record, with $127,288 in grants. The full list of funders is on this page.
How can an organization like MONROE MEDICAL FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Monroe Medical →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing