Illinois · Nonprofit
MONSTER EDUCATION FOUNDATION NFP
MONSTER EDUCATION FOUNDATION NFP (Illinois) receives grants from 7 organizations whose IRS filings report $114,003 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($55,831). 5 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $137k
- Funders on record
- 7
- Grants received
- $114k
- Net assets
- $408k
What Monster Education Foundation Nfp does
Mission
Monster Education Foundation exists in order to carefully select and invest in the most promising young leaders in some of the most under-resourced neighborhoods in Chicago's South and West sides known for high crime and low educational outcomes. We empower them to be servant leaders in the community starting now while equipping them for life beyond high school through programming and funding scholarships for post secondary education.
As stated on its FY2024 Form 990.
Programs
Academic Program: Every Monster Scholar who enrolls in the program as a sixth grader receives a college scholarship account from MEF. Scholars may increase their scholarship accounts by giving back to their communities, participating in MEF events, and reporting their report card grades. The balance grows until the student graduates from high school. Scholars can earn over $2,500 each year. The matured scholarship is distributed equally among installments made annually upon acceptance to an accredited post-secondary school. MEF awarded a total of about $18,500 in scholarship expenses (disbursement for college tuition and related fees) to twelve (12) students, accounting for 81% of the expenses in the academic program.
$22,773 spent44% of program spendingLeadership Program: The MEF leadership program's primary purpose is to equip our students to be change agents and servant leaders in their communities. Each year, one of the primary activities that does this is the leadership conference. The 2025 leadership conference was held in October. During the Leadership Conference, students were paired with adult mentors who guided them through the Life Game, a simulation of living as an adult for a month. Scholars faced the difficulties of making sound financial decisions with the goal of "staying in the black" at the end of the game. They gained excellent financial insights from their various experiences. A total of about thirty persons (30) attended, including scholars, other teenagers, and adults.
$13,255 spent26% of program spendingCollege Preparation- The purpose is to get our scholars ready for their post secondary ventures. We have several events throughout the year, outlined below are the 2 major event:1) College prep conference: Each class of scholars participates in a workshop specific to their needs. Some topics have included Career identification for 7th and 8th graders, Launching into the college experience for 12th graders. 2) College visits: MEF allows our scholars to visit a college campus. We provide reimbursement of up to $200 per scholar. We encourage our scholars to visit at least two schools of interest to learn more about the university and to experience the college campus.
$4,991 spent10% of program spendingMEF has other programs such as the Mentorship program, Outreach to the Community, Scholar Incentives, Social Bonding programs and Monster Opportunities.
$10,250 spent20% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $51,269.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $213k to $294k (+38%).
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.
105% of MONSTER EDUCATION FOUNDATION NFP’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 4 reported years ran a deficit.
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
Jennifer Chang
Executive Director- President
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $313 → $11k.
5 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 97% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MONSTER EDUCATION FOUNDATION NFP’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.
How concentrated its funding is
MONSTER EDUCATION FOUNDATION NFP leans on a few funders — its largest provides 49% of grant income and the top three 84%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MONSTER EDUCATION FOUNDATION NFP.
Largest funder’s share by year: 2020 80% · 2021 51% · 2022 99% · 2023 86% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
97% of MONSTER EDUCATION FOUNDATION NFP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4k that is directly attributable, 100% of it comes from funders outside Illinois, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $110k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
MONSTER EDUCATION FOUNDATION NFP runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like MONSTER EDUCATION FOUNDATION NFP
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
63%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for MONSTER EDUCATION FOUNDATION NFP: 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.
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 MONSTER EDUCATION FOUNDATION NFP?
- MONSTER EDUCATION FOUNDATION NFP (Illinois) receives grants from 7 organizations whose IRS filings report $114,003 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($55,831). 5 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MONSTER EDUCATION FOUNDATION NFP have?
- IRS filings report 7 organizations giving $114,003 in grants to MONSTER EDUCATION FOUNDATION NFP, 5 of which have funded it in more than one year.
- Who is the largest funder of MONSTER EDUCATION FOUNDATION NFP?
- AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $55,831 in grants. The full list of funders is on this page.
- How can an organization like MONSTER EDUCATION FOUNDATION NFP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 Monster Education Foundation Nfp →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 7 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