Quick charity verification for Morgan Education Foundation (EIN: 203287292)
Verdict: Morgan Education Foundation appears trustworthy
95/100Mission Score
$158KRevenue
$876KAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported expenses for administrative/fundraising, potentially indicating these costs are absorbed elsewhere or not fully captured, though this is often a positive sign for program efficiency.
Strengths
100% of expenses allocated to program services, demonstrating exceptional efficiency.
Zero officer compensation reported across all filings, indicating a volunteer-driven model.
Consistent asset growth from $434,826 in 2014 to $858,083 in 2023, showing financial stability.
Zero liabilities reported in all filings, indicating strong financial health and no debt.
Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
Spending Breakdown
How Morgan Education Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Morgan Education Foundation
Is Morgan Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Morgan Education Foundation (EIN: 203287292) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Morgan Education Foundation a good charity to donate to?
Morgan Education Foundation has a Mission Score of 95/100. Revenue: $158K. Assets: $876K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morgan Education Foundation?
The Employer Identification Number (EIN) for Morgan Education Foundation is 203287292. 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 Morgan Education Foundation spend its money?
Morgan Education Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morgan Education Foundation's tax-exempt status?
You can verify Morgan Education Foundation's tax-exempt status using EIN 203287292 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
The Morgan Education Foundation demonstrates consistent financial health and strong program focus based on its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, growing from $434,826 in 2014 to $858,083 in 2023, indicating sound financial management and accumulation of resources. Their revenue has fluctuated but generally supported their operational expenses, with a notable surplus in most years, contributing to asset growth. For instance, in 2023, revenue was $161,712 against expenses of $127,867, showing a surplus.
The foundation exhibits excellent spending efficiency, consistently directing a very high percentage of its expenses towards program services. With no reported officer compensation across all filings, and zero liabilities, it suggests a lean operational structure and a strong commitment to its educational mission. The absence of liabilities further underscores financial stability and responsible fiscal practices. The consistent filing of 13 IRS 990 forms also indicates a commitment to transparency.
Overall, the Morgan Education Foundation appears to be a well-managed and financially stable organization with a clear dedication to its programmatic goals. Its consistent asset growth, lack of executive compensation, and absence of liabilities are strong indicators of a healthy and transparent nonprofit.