Morency Family Foundation
EIN: 461388661 · Le Claire, IA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $345K |
| Total Expenses | $52K |
| Net Assets | $570K |
Is Morency Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morency Family Foundation
Morency Family Foundation (EIN: 461388661) is a nonprofit organization based in Le Claire, IA, classified under NTEE code T20. The organization reported total revenue of $345K and total assets of $809K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morency Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morency Family Foundation is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of 5829.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $208K |
| Total Expenses | $52K |
| Surplus / Deficit | +$156K |
| Total Assets | $570K |
| Net Assets | $570K |
| Operating Margin | 75.1% |
| Months of Reserves | 131.6 months |
Financial Health Grade: A
In 2015, Morency Family Foundation reported a surplus of $156K with revenue exceeding expenses, holds 131.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2012–2015), Morency Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5829.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +0.9% | +43.2% | +37.9% |
| 2014 | -19.2% | +175.9% | +70.4% |
| 2013 | +25554100.0% | — | +24239100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morency Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morency Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $156K, with revenue exceeding expenses.
Frequently Asked Questions about Morency Family Foundation
Is Morency Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Morency Family Foundation (EIN: 461388661) insufficient data. 0 red flags identified, 0 strengths noted.
How does Morency Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Morency Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Morency Family Foundation tax-deductible?
Morency Family Foundation is registered as a tax-exempt nonprofit (EIN: 461388661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morency Family Foundation located?
Morency Family Foundation is headquartered in Le Claire, Iowa and files with the IRS under EIN 461388661. It is classified under NTEE code T20.
How many years of IRS 990 filings does Morency Family Foundation have?
Morency Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $345K in total revenue.
Filing History
IRS 990 filing history for Morency Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Morency Family Foundation's revenue has grown by 20842900%, moving from $1 to $208K. Total assets increased by 56961700% over the same period, from $1 to $570K. In its most recent filing year (2015), Morency Family Foundation reported a surplus of $156K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $208K | $52K | $570K | $0 | — | View 990 |
| 2014 | $207K | $36K | $413K | $0 | — | View 990 |
| 2013 | $256K | $13K | $242K | $1 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $208K, expenses of $52K, and assets of $570K (revenue +0.9% year-over-year).
- 2014: Revenue of $207K, expenses of $36K, and assets of $413K (revenue -19.2% year-over-year).
- 2013: Revenue of $256K, expenses of $13K, and assets of $242K (revenue +25554100.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morency Family Foundation:
Data Sources and Methodology
This transparency report for Morency 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.