Morc Home Care Inc

Search Intent Cockpit

Morc Home Care Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Morc Home Care Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Morc Home Care Inc in one place.

Is Morc Home Care Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Morc Home Care Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Donation Decision Flow

From Trust Check to Better Alternatives

Alternative Shopping

Similar Nonprofits Donors Should Compare

Browse the full Category L peer market in Michigan →

Next Best Actions

Keep the Investigation Moving

Morc Home Care Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Morc Home Care Inc

Morc Home Care Inc (EIN: 202978273) is a nonprofit organization based in Clinton Twp, MI, classified under NTEE code L22. The organization reported total revenue of $10.5M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morc Home Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Morc Home Care Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: B

In 2023, Morc Home Care Inc reported a deficit of $458K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Morc Home Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

IRS Tax-Exempt Classification

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 Morc Home Care Inc with a Mission Score of 92 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: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, Morc Home Care Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $458K, with expenses exceeding revenue.
• Debt-to-asset ratio: 6.4%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($8.6M+ in annual revenue) and suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990.

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 Morc Home Care Inc's IRS 990 filings:

• Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.

Strengths

The following positive indicators were identified for Morc Home Care Inc:

• Consistent revenue generation, with latest revenue at $10,458,852.
• Strong asset growth over the past decade, reaching $8,829,099 in 202309.
• Low liabilities relative to assets, indicating a healthy financial position ($566,719 in 202309).
• No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
• Stable financial operations with revenues generally exceeding expenses over the long term.

Frequently Asked Questions about Morc Home Care Inc

Filing History

IRS 990 filing history for Morc Home Care Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Morc Home Care Inc's revenue has grown by 34.8%, moving from $6.4M to $8.7M. Total assets increased by 112.3% over the same period, from $4.2M to $8.8M. Total functional expenses rose by 60.9%, from $5.7M to $9.1M. In its most recent filing year (2023), Morc Home Care Inc reported a deficit of $458K, with expenses exceeding revenue. The organization holds $567K in liabilities against $8.8M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $8.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $8.7M, expenses of $9.1M, and assets of $8.8M (revenue +4.4% year-over-year).
• 2022: Revenue of $8.3M, expenses of $7.9M, and assets of $9.2M (revenue +4.7% year-over-year).
• 2021: Revenue of $7.9M, expenses of $7.6M, and assets of $8.8M (revenue +0.1% year-over-year).
• 2020: Revenue of $7.9M, expenses of $7.1M, and assets of $8.6M (revenue +9.1% year-over-year).
• 2019: Revenue of $7.3M, expenses of $6.3M, and assets of $7.1M (revenue -2.2% year-over-year).
• 2018: Revenue of $7.4M, expenses of $7.2M, and assets of $6.5M (revenue -5.7% year-over-year).
• 2017: Revenue of $7.9M, expenses of $7.4M, and assets of $5.9M (revenue -8.4% year-over-year).
• 2016: Revenue of $8.6M, expenses of $7.7M, and assets of $5.4M (revenue +11.6% year-over-year).
• 2015: Revenue of $7.7M, expenses of $6.9M, and assets of $4.5M (revenue +30.0% year-over-year).
• 2014: Revenue of $5.9M, expenses of $6.1M, and assets of $7.6M (revenue -18.5% year-over-year).
• 2013: Revenue of $7.3M, expenses of $6.7M, and assets of $7.9M (revenue +8.3% year-over-year).
• 2012: Revenue of $6.7M, expenses of $6.1M, and assets of $5.6M (revenue +4.4% year-over-year).
• 2011: Revenue of $6.4M, expenses of $5.7M, and assets of $4.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Morc Home Care Inc:

Data Sources and Methodology

This transparency report for Morc Home Care Inc 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.