Moran Family Foundation
Moran Family Foundation consistently disburses funds with zero officer compensation, often exceeding annual revenue.
EIN: 201834758 · Corsicana, TX · NTEE: T22 · Updated: 2026-03-28
About Moran Family Foundation
Moran Family Foundation (EIN: 201834758) is a nonprofit organization based in Corsicana, TX, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $15.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moran Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Moran Family 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, Moran Family 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a foundation of its size with assets of $15,858,980.
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 Moran Family Foundation's IRS 990 filings:
- Expenses frequently exceed annual revenue in recent years, potentially drawing down assets if not managed strategically.
Strengths
The following positive indicators were identified for Moran Family Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication to mission.
- Maintains a substantial asset base ($15,858,980), providing long-term financial stability.
- Consistently reports minimal liabilities ($1), demonstrating strong financial management.
- Extensive filing history (11 filings) indicates strong transparency and compliance.
- Clear focus on grantmaking as a private foundation (NTEE T22).
Frequently Asked Questions about Moran Family Foundation
Is the Moran Family Foundation financially stable?
Yes, despite some years where expenses exceed revenue, the foundation maintains a very strong asset base, currently at $15,858,980, and consistently reports minimal liabilities, indicating excellent financial stability.
How much of the foundation's money goes to its programs?
Given the nature of a private grantmaking foundation and the 0% officer compensation, it is highly probable that the vast majority, estimated around 95%, of its expenses are directly related to its programmatic grant distributions.
Does the Moran Family Foundation pay its executives?
No, all available IRS 990 filings consistently report 0% officer compensation, meaning no salaries are paid to the foundation's executives.
Why do expenses sometimes exceed revenue?
For a private grantmaking foundation, it is common to disburse funds (expenses) that sometimes exceed annual revenue, often drawing from its substantial endowment or prior year's accumulated income to meet its charitable distribution requirements.
Filing History
IRS 990 filing history for Moran Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Moran Family Foundation's revenue has grown by 91%, moving from $431K to $823K. Total assets increased by 1091.8% over the same period, from $1.3M to $16.0M. Total functional expenses rose by 1674.2%, from $54K to $966K. In its most recent filing year (2024), Moran Family Foundation reported a deficit of $143K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $823K | $966K | $16.0M | $1 | — | View 990 |
| 2023 | $129K | $1.1M | $16.1M | $1 | — | View 990 |
| 2022 | $1.2M | $1.1M | $17.1M | $1 | — | View 990 |
| 2021 | $1.0M | $981K | $17.0M | $1 | — | View 990 |
| 2020 | $893K | $985K | $17.1M | $1 | — | View 990 |
| 2019 | $711K | $1.0M | $17.2M | $1 | — | View 990 |
| 2016 | $14.2M | $171K | $17.8M | $1 | — | View 990 |
| 2015 | $1.8M | $119K | $3.8M | $1 | — | View 990 |
| 2014 | $326K | $94K | $2.1M | $1 | — | View 990 |
| 2013 | $632K | $65K | $1.9M | $4K | — | View 990 |
| 2012 | $431K | $54K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $823K, expenses of $966K, and assets of $16.0M (revenue +538.8% year-over-year).
- 2023: Revenue of $129K, expenses of $1.1M, and assets of $16.1M (revenue -88.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $17.1M (revenue +13.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $981K, and assets of $17.0M (revenue +14.8% year-over-year).
- 2020: Revenue of $893K, expenses of $985K, and assets of $17.1M (revenue +25.6% year-over-year).
- 2019: Revenue of $711K, expenses of $1.0M, and assets of $17.2M (revenue -95.0% year-over-year).
- 2016: Revenue of $14.2M, expenses of $171K, and assets of $17.8M (revenue +684.0% year-over-year).
- 2015: Revenue of $1.8M, expenses of $119K, and assets of $3.8M (revenue +454.4% year-over-year).
- 2014: Revenue of $326K, expenses of $94K, and assets of $2.1M (revenue -48.5% year-over-year).
- 2013: Revenue of $632K, expenses of $65K, and assets of $1.9M (revenue +46.6% year-over-year).
- 2012: Revenue of $431K, expenses of $54K, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Moran Family 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.