Quick charity verification for Morf Foundation Inc (EIN: 10575002)
Verdict: Morf Foundation Inc appears trustworthy
70/100Mission Score
$527KRevenue
$645KAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue, dropping from $152,781 in 2021 to $5,944 in 2023, indicating potential funding instability.
Significant fluctuations in expenses, making it difficult to assess consistent operational scale or efficiency.
Lack of detailed expense breakdown in provided data to fully evaluate program vs. administrative spending ratios.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries.
Maintained a relatively stable asset base, generally above $600,000 in recent years, despite revenue fluctuations.
Low liabilities across all reported periods, often $1 or $0, suggesting good financial management of debt.
Spending Breakdown
How Morf Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Morf Foundation Inc
Is Morf Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morf Foundation Inc (EIN: 10575002) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Morf Foundation Inc a good charity to donate to?
Morf Foundation Inc has a Mission Score of 70/100. Revenue: $527K. Assets: $645K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morf Foundation Inc?
The Employer Identification Number (EIN) for Morf Foundation Inc is 10575002. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Morf Foundation Inc spend its money?
Morf Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morf Foundation Inc's tax-exempt status?
You can verify Morf Foundation Inc's tax-exempt status using EIN 10575002 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Morf Foundation Inc. demonstrates a mixed financial picture. While the organization has maintained a consistent asset base, hovering around $600,000 in recent years, its revenue and expense figures show significant volatility. For instance, revenue dropped sharply from $152,781 in 2021 to $68,195 in 2022 and further to $5,944 in 2023, while expenses also fluctuated, reaching a high of $185,833 in 2015 and a low of $15,183 in 2023. This inconsistency in financial activity makes it challenging to assess long-term operational stability and growth. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's difficult to fully evaluate spending efficiency and ensure that the majority of funds are directed towards its mission.