Quick charity verification for Morrow Mader Foundation (EIN: 200927260)
Verdict: Morrow Mader Foundation shows mixed signals
65/100Mission Score
$10Revenue
$61KAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in assets (from $128,275 in 2011 to $60,643 currently)
Expenses consistently exceed revenue, indicating a draw-down of assets
Extremely low reported revenue ($10 latest, max $535 in 5 years)
Strengths
No reported officer compensation (0% across all filings)
No reported liabilities across all filings
Consistent filing history demonstrates transparency
AI Transparency Report
The Morrow Mader Foundation appears to be a very small private foundation, as indicated by its NTEE code T23. Its financial activity is minimal, with the latest reported revenue at just $10 and assets at $60,643. Over the past five years, revenue has consistently been very low, ranging from $10 to $535, while expenses have generally been higher than revenue, leading to a decline in assets from $128,275 in 2011 to $60,643 currently. This suggests the foundation is primarily drawing down its endowment rather than actively fundraising or generating significant income. The consistent reporting of 0% officer compensation across all filings indicates good transparency regarding executive pay and a likely volunteer-driven or very low-cost operational model. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the high-level observation that expenses frequently exceed revenue.