Jacqueline Anne Morris Memorial Foundation
Jacqueline Anne Morris Memorial Foundation shows inconsistent revenue and high expenses in 2023, with no officer compensation.
EIN: 202012614 · Tucson, AZ · NTEE: T20 · Updated: 2026-03-28
Is Jacqueline Anne Morris Memorial Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacqueline Anne Morris Memorial Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jacqueline Anne Morris Memorial Foundation
Jacqueline Anne Morris Memorial Foundation (EIN: 202012614) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T20. The organization reported total revenue of $136K and total assets of $781K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacqueline Anne Morris Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacqueline Anne Morris Memorial Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $109K |
| Surplus / Deficit | $-79,000 |
| Total Assets | $822K |
| Total Liabilities | $26K |
| Net Assets | $796K |
| Operating Margin | -264.6% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 90.6 months |
Financial Health Grade: B
In 2023, Jacqueline Anne Morris Memorial Foundation reported a deficit of $79K with expenses exceeding revenue, holds 90.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jacqueline Anne Morris Memorial Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.5% | +418.3% | -6.1% |
| 2022 | +40.9% | -68.0% | +5.1% |
| 2021 | -32.3% | -2.2% | -5.4% |
| 2020 | -35.0% | +243.1% | +3.2% |
| 2019 | +7.9% | +56.2% | +61.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Jacqueline Anne Morris Memorial Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jacqueline Anne Morris Memorial Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $79K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not compensated, which is a positive sign for donor confidence and resource allocation.
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 Jacqueline Anne Morris Memorial Foundation's IRS 990 filings:
- Inconsistent revenue generation, with a significant drop from $103,397 in 2019 to $29,859 in 2023.
- Expenses ($108,859) significantly exceeded revenue ($29,859) in 2023, indicating potential overspending relative to current income.
- Sudden increase in liabilities to $25,780 in 2023 after several years of very low liabilities.
Strengths
The following positive indicators were identified for Jacqueline Anne Morris Memorial Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating volunteer leadership.
- Maintained a healthy asset base, reaching $821,677 in 2023, providing a financial cushion.
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Jacqueline Anne Morris Memorial Foundation
Is Jacqueline Anne Morris Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacqueline Anne Morris Memorial Foundation (EIN: 202012614) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Jacqueline Anne Morris Memorial Foundation spend its money?
Jacqueline Anne Morris Memorial Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jacqueline Anne Morris Memorial Foundation tax-deductible?
Jacqueline Anne Morris Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 202012614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Jacqueline Anne Morris Memorial Foundation financially stable?
The foundation's financial stability is mixed. While it possesses a substantial asset base of $821,677 as of 2023, its revenue generation has been highly inconsistent, and expenses in 2023 ($108,859) significantly outstripped revenue ($29,859), suggesting a reliance on reserves. This pattern of spending more than it earns in some years, while building reserves in others, indicates fluctuating financial health.
What caused the significant increase in expenses in 2023?
The IRS 990 data shows expenses increased to $108,859 in 2023 from $21,004 in 2022. Without a detailed breakdown of expenses within the 990 filing, the specific causes for this substantial increase cannot be determined from the provided data. It could be due to increased program activities, administrative costs, or other operational expenditures.
How does the foundation manage its liabilities?
The foundation's liabilities have generally been low, often around $1,000 or less in recent years. However, in 2023, liabilities increased significantly to $25,780. This sudden increase warrants further scrutiny to understand the nature of these liabilities and their potential impact on the organization's financial position.
Filing History
IRS 990 filing history for Jacqueline Anne Morris Memorial Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jacqueline Anne Morris Memorial Foundation's revenue has declined by 53.5%, moving from $64K to $30K. Total assets increased by 77.2% over the same period, from $464K to $822K. Total functional expenses rose by 52.1%, from $72K to $109K. In its most recent filing year (2023), Jacqueline Anne Morris Memorial Foundation reported a deficit of $79K, with expenses exceeding revenue. The organization holds $26K in liabilities against $822K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $796K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $109K | $822K | $26K | — | — |
| 2022 | $64K | $21K | $875K | $1 | — | View 990 |
| 2021 | $46K | $66K | $833K | $1K | — | — |
| 2020 | $67K | $67K | $880K | $29K | — | — |
| 2019 | $103K | $20K | $853K | $1K | — | View 990 |
| 2015 | $96K | $13K | $530K | $6K | — | View 990 |
| 2014 | $50K | $40K | $450K | $9K | — | View 990 |
| 2013 | $25K | $17K | $454K | $24K | — | View 990 |
| 2012 | $24K | $65K | $422K | $0 | — | View 990 |
| 2011 | $64K | $72K | $464K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $109K, and assets of $822K (revenue -53.5% year-over-year).
- 2022: Revenue of $64K, expenses of $21K, and assets of $875K (revenue +40.9% year-over-year).
- 2021: Revenue of $46K, expenses of $66K, and assets of $833K (revenue -32.3% year-over-year).
- 2020: Revenue of $67K, expenses of $67K, and assets of $880K (revenue -35.0% year-over-year).
- 2019: Revenue of $103K, expenses of $20K, and assets of $853K (revenue +7.9% year-over-year).
- 2015: Revenue of $96K, expenses of $13K, and assets of $530K (revenue +93.4% year-over-year).
- 2014: Revenue of $50K, expenses of $40K, and assets of $450K (revenue +99.1% year-over-year).
- 2013: Revenue of $25K, expenses of $17K, and assets of $454K (revenue +5.1% year-over-year).
- 2012: Revenue of $24K, expenses of $65K, and assets of $422K (revenue -63.1% year-over-year).
- 2011: Revenue of $64K, expenses of $72K, and assets of $464K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacqueline Anne Morris Memorial Foundation:
Data Sources and Methodology
This transparency report for Jacqueline Anne Morris Memorial 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.