Elizabeth Morse Genius Foundation
Elizabeth Morse Genius Foundation consistently expends more than annual revenue, drawing from its substantial $130M+ asset base with no reported executive compensation.
EIN: 136115217 · Winter Park, FL · Updated: 2026-03-28
Is Elizabeth Morse Genius Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elizabeth Morse Genius Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elizabeth Morse Genius Foundation
Elizabeth Morse Genius Foundation (EIN: 136115217) is a nonprofit organization based in Winter Park, FL. The organization reported total revenue of $25.1M and total assets of $136.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth Morse Genius Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth Morse Genius Foundation is a large nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.8M |
| Total Expenses | $9.2M |
| Surplus / Deficit | $-1,406,834 |
| Total Assets | $130.9M |
| Total Liabilities | $690K |
| Net Assets | $130.2M |
| Operating Margin | -18.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 170.2 months |
Financial Health Grade: B
In 2023, Elizabeth Morse Genius Foundation reported a deficit of $1.4M with expenses exceeding revenue, holds 170.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Elizabeth Morse Genius Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | -2.9% | +7.4% |
| 2022 | -48.1% | +9.9% | -16.3% |
| 2021 | +140.1% | +7.3% | +6.4% |
| 2020 | -13.5% | -1.7% | +6.9% |
| 2019 | +11.2% | +7.0% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1320 |
| IRS Ruling Date | 1959 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elizabeth Morse Genius Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Elizabeth Morse Genius Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly efficient for an organization with assets exceeding $130 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Elizabeth Morse Genius Foundation's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to benchmark against similar organizations or understand its specific programmatic focus without further investigation.
Strengths
The following positive indicators were identified for Elizabeth Morse Genius Foundation:
- Strong Program Spending: Expenses consistently exceed annual revenue in many years (e.g., 2023, 2022), indicating a commitment to distributing funds from its endowment for programmatic purposes.
- Exceptional Financial Health: Maintains a very large and stable asset base, exceeding $130 million in 2023, providing long-term sustainability.
- Zero Executive Compensation: No officer compensation reported across all filings, demonstrating extremely high efficiency in administrative overhead.
- Low Liabilities: Liabilities are consistently very low relative to assets (e.g., $690,374 in 2023 against $130,879,590 in assets), indicating strong financial management and minimal debt.
- Consistent Grant-Making: A long history of consistent expenditures, suggesting a reliable and active philanthropic presence.
Frequently Asked Questions about Elizabeth Morse Genius Foundation
Is Elizabeth Morse Genius Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth Morse Genius Foundation (EIN: 136115217) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Elizabeth Morse Genius Foundation spend its money?
Elizabeth Morse Genius Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elizabeth Morse Genius Foundation tax-deductible?
Elizabeth Morse Genius Foundation is registered as a tax-exempt nonprofit (EIN: 136115217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Elizabeth Morse Genius Foundation a good charity?
Based on its financial data, the foundation appears to be a highly effective grant-making organization. It consistently expends significant funds towards its mission, maintains a very strong asset base, and reports no executive compensation, indicating efficient use of resources.
How does the foundation manage its finances given expenses often exceed revenue?
The foundation manages its finances by drawing from its substantial asset base, which was $130,879,590 in 2023. This strategy allows it to consistently fund its programs even when annual revenues fluctuate or are lower than expenditures, as seen in 2023 where expenses were $9,229,910 and revenue was $7,823,076.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth over the long term, from $110,673,579 in 2011 to $130,879,590 in 2023, demonstrating strong financial stewardship and investment performance.
Filing History
IRS 990 filing history for Elizabeth Morse Genius Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elizabeth Morse Genius Foundation's revenue has declined by 3.4%, moving from $8.1M to $7.8M. Total assets increased by 18.3% over the same period, from $110.7M to $130.9M. Total functional expenses rose by 6.3%, from $8.7M to $9.2M. In its most recent filing year (2023), Elizabeth Morse Genius Foundation reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $690K in liabilities against $130.9M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $130.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.8M | $9.2M | $130.9M | $690K | — | — |
| 2022 | $5.8M | $9.5M | $121.9M | $369K | — | View 990 |
| 2021 | $11.2M | $8.6M | $145.6M | $596K | — | View 990 |
| 2020 | $4.7M | $8.1M | $136.8M | $526K | — | — |
| 2019 | $5.4M | $8.2M | $128.0M | $341K | — | View 990 |
| 2015 | $4.9M | $7.7M | $116.8M | $236K | — | View 990 |
| 2014 | $14.8M | $8.0M | $123.3M | $463K | — | View 990 |
| 2013 | $8.3M | $6.5M | $125.0M | $586K | — | View 990 |
| 2012 | $7.5M | $8.1M | $114.7M | $192K | — | View 990 |
| 2011 | $8.1M | $8.7M | $110.7M | $700K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.8M, expenses of $9.2M, and assets of $130.9M (revenue +34.2% year-over-year).
- 2022: Revenue of $5.8M, expenses of $9.5M, and assets of $121.9M (revenue -48.1% year-over-year).
- 2021: Revenue of $11.2M, expenses of $8.6M, and assets of $145.6M (revenue +140.1% year-over-year).
- 2020: Revenue of $4.7M, expenses of $8.1M, and assets of $136.8M (revenue -13.5% year-over-year).
- 2019: Revenue of $5.4M, expenses of $8.2M, and assets of $128.0M (revenue +11.2% year-over-year).
- 2015: Revenue of $4.9M, expenses of $7.7M, and assets of $116.8M (revenue -67.2% year-over-year).
- 2014: Revenue of $14.8M, expenses of $8.0M, and assets of $123.3M (revenue +78.7% year-over-year).
- 2013: Revenue of $8.3M, expenses of $6.5M, and assets of $125.0M (revenue +10.3% year-over-year).
- 2012: Revenue of $7.5M, expenses of $8.1M, and assets of $114.7M (revenue -7.2% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.7M, and assets of $110.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth Morse Genius Foundation:
Data Sources and Methodology
This transparency report for Elizabeth Morse Genius Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.