Totals
- Total revenue
- $134,118
- Total expenses
- $107,772
- Contributions and grants received
- $104,181
- Grants paid
- $74,014
- Program service revenue
- $8,507
- Investment income
- $21,430
- Other revenue
- $0
- Total assets, end of year
- $618,709
- Total liabilities, end of year
- $109,755
- Net assets or fund balances, end of year
- $508,954
- Program services expenses (Part IX)
- $107,772
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $107,772
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$104,181
-
2a · Program service revenue: OCCUPANCY PAYMENTS
total $8,507 · related or exempt $8,507
-
3 · Investment income
total $7,584 · related or exempt $7,584
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $87,876
-
7b · Less cost or other basis and sales expenses
securities $74,030
-
7c · Gain or loss
securities $13,846
-
7d · Net gain or loss
total $13,846 · related or exempt $13,846
-
8a · Fundraising events: contributions included on line 1c
$104,181
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $74,014 · program services $74,014
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $118 · program services $118
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $3,275 · program services $3,275
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: PROPERTY INSURANCE
total $7,698 · program services $7,698
-
24b · Other expenses: DINNER
total $6,726 · program services $6,726
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $6,285 · program services $6,285
-
24d · Other expenses: UTILITIES
total $6,283 · program services $6,283
-
24e · All other expenses
total $3,373 · program services $3,373
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $77,333 · end of year $75,346
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$350,804
-
10c · Land, buildings and equipment, net
beginning of year $203,381 · end of year $350,804
-
11 · Investments: publicly traded securities
beginning of year $194,651 · end of year $192,558
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $1
-
23 · Secured mortgages and notes payable
end of year $109,755
-
31 · Retained earnings, endowment or other funds
beginning of year $475,365 · end of year $508,954
Mission and programs · 2024
Mission
Since inception, the Monterey Foundation has sought to make a difference in our world by demonstrating God's love. The Monterey Foundation continues to seek new opportunities to serve and individuals to engage in providing a window into God's heart for people
Activities or mission (Part I)
Worldwide MissionsOne of the main visions of the Monterey Foundation is to encourage and promote worldwide missions, where those of cultures different from our own may be introduced to the love of God. The Foundation may provide temporary or permanent assistance to churches in the support of missionaries, and to individuals participating in short-term mission efforts. Those efforts have included help for churches, missionaries, schools, and other similar efforts. We have also provided one-time donations to meet specific needs and to serve where we are needed.Community MissionsMonterey Foundation also believes that much can be done in the local community in the name of God. The Foundation has provided temporary assistance to families and individuals in need of housing, food, clothing, and even medical care. We have also provided one-time donations to meet specific needs. In some cases we work directly with those individuals and families. In other cases, we have partnered with other orga
-
GRANTS TO 501(c)3 ORGANIZATIONS TO FACILITATE THE ORGANIZATIONS MISSION
Expenses $107,772 · Grants $74,015
As filed on the 2024 return.
Listed in Part VII
-
Barry StephensBARRY STEPHENS
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Edwin DavisEDWIN DAVIS
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Mike MartinMIKE MARTIN
President
- Total calculated
- $0
- Hours/week
- 0
-
Laura OptonLAURA OPTON
Director
- Total calculated
- $0
- Hours/week
- 0
-
Debra RogersDEBRA ROGERS
Director
- Total calculated
- $0
- Hours/week
- 0
-
Patty FairchildPATTY FAIRCHILD
Director
- Total calculated
- $0
- Hours/week
- 0
-
Ryan HannszRYAN HANNSZ
Director
- Total calculated
- $0
- Hours/week
- 0
-
Ashley NicholsASHLEY NICHOLS
Director
- Total calculated
- $0
- Hours/week
- 0
-
Ivan Ponce De LeonIVAN PONCE DE LEON
Director
- Total calculated
- $0
- Hours/week
- 0
-
Clifton SmithCLIFTON SMITH
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jamie WheelerJAMIE WHEELER
Director
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543159349304414
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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