Quick charity verification for Morrell Foundation (EIN: 203275797)
Verdict: Morrell Foundation shows mixed signals
45/100Mission Score
$170KRevenue
$2.6MAssets
3Red Flags
2Strengths
Red Flags
Consistent and significant revenue shortfalls compared to expenses (e.g., 2023 revenue $1,094 vs. expenses $175,871).
Dramatic decline in total assets over the past decade (from $2.97M in 2011 to $224K in 2023).
High expense levels relative to the organization's current revenue generation capacity.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salary burden.
Long filing history (10 filings), suggesting a degree of operational continuity.
Spending Breakdown
How Morrell Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Morrell Foundation
Is Morrell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Morrell Foundation (EIN: 203275797) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Morrell Foundation a good charity to donate to?
Morrell Foundation has a Mission Score of 45/100. Revenue: $170K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Morrell Foundation?
The Employer Identification Number (EIN) for Morrell Foundation is 203275797. 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 Morrell Foundation spend its money?
Morrell Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Morrell Foundation's tax-exempt status?
You can verify Morrell Foundation's tax-exempt status using EIN 203275797 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 Morrell Foundation exhibits a concerning financial trend, with expenses consistently far outstripping revenue in recent years. For example, in 2023, the organization reported only $1,094 in revenue against $175,871 in expenses, and similar disparities are seen in 2022 ($22,243 revenue vs. $266,290 expenses) and 2021 ($44,591 revenue vs. $270,392 expenses). This suggests a reliance on drawing down assets or significant prior period funding, which is not sustainable long-term. The foundation's assets have also seen a substantial decline from $2,972,820 in 2011 to $224,110 in 2023, indicating significant asset depletion.
While the organization consistently reports 0% officer compensation, which is a positive for minimizing administrative overhead, the overall financial picture raises questions about its operational model and long-term viability. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures. However, the consistent and large deficits are a primary concern for financial health.
Transparency regarding specific program activities and how the substantial expenses are allocated would be beneficial for external stakeholders. The significant reduction in assets over the past decade, coupled with low revenue generation, points to a foundation that is actively spending down its endowment without sufficient new income to sustain its operations at historical levels.