Morgan Education Foundation

Morgan Education Foundation consistently allocates 100% of expenses to programs with no officer compensation and growing assets.

EIN: 203287292 · Morgan, UT · NTEE: T11 · Updated: 2026-03-28

$158KRevenue

$876KAssets

95/100Mission Score (Excellent)

T11

About Morgan Education Foundation

Morgan Education Foundation (EIN: 203287292) is a nonprofit organization based in Morgan, UT, classified under NTEE code T11. The organization reported total revenue of $158K and total assets of $876K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morgan Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Morgan Education Foundation demonstrates consistent financial health and strong program focus based on its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, growing from $434,826 in 2014 to $858,083 in 2023, indicating sound financial management and accumulation of resources. Their revenue has fluctuated but generally supported their operational expenses, with a notable surplus in most years, contributing to asset growth. For instance, in 2023, revenue was $161,712 against expenses of $127,867, showing a surplus.

The foundation exhibits excellent spending efficiency, consistently directing a very high percentage of its expenses towards program services. With no reported officer compensation across all filings, and zero liabilities, it suggests a lean operational structure and a strong commitment to its educational mission. The absence of liabilities further underscores financial stability and responsible fiscal practices. The consistent filing of 13 IRS 990 forms also indicates a commitment to transparency.

Overall, the Morgan Education Foundation appears to be a well-managed and financially stable organization with a clear dedication to its programmatic goals. Its consistent asset growth, lack of executive compensation, and absence of liabilities are strong indicators of a healthy and transparent nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Morgan Education Foundation with a Mission Score of 95 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: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Morgan Education Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is 0% across all reported periods, indicating that no officers or key employees receive salaries from the organization, which is highly unusual and suggests a volunteer-led or extremely lean operational model.

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 Morgan Education Foundation's IRS 990 filings:

Unusually low reported expenses for administrative/fundraising, potentially indicating these costs are absorbed elsewhere or not fully captured, though this is often a positive sign for program efficiency.

Strengths

The following positive indicators were identified for Morgan Education Foundation:

100% of expenses allocated to program services, demonstrating exceptional efficiency.
Zero officer compensation reported across all filings, indicating a volunteer-driven model.
Consistent asset growth from $434,826 in 2014 to $858,083 in 2023, showing financial stability.
Zero liabilities reported in all filings, indicating strong financial health and no debt.
Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.

Frequently Asked Questions about Morgan Education Foundation

Is Morgan Education Foundation a good charity?

Based on the provided data, Morgan Education Foundation appears to be a very good charity. It consistently allocates 100% of its expenses to programs, has no officer compensation, and maintains a healthy, growing asset base with zero liabilities.

How does Morgan Education Foundation manage its administrative costs?

The organization appears to manage administrative costs exceptionally well, as 0% of its expenses are categorized as administrative or fundraising, implying that all reported expenses are directly program-related or absorbed by volunteers/donations outside of the expense reporting.

What is the trend in the organization's assets?

The organization's assets have shown consistent growth over the past decade, increasing from $434,826 in 2014 to $858,083 in 2023, indicating strong financial stewardship and accumulation of resources.

Filing History

IRS 990 filing history for Morgan Education Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Morgan Education Foundation's revenue has grown by 60.6%, moving from $101K to $162K. Total assets increased by 120.3% over the same period, from $389K to $858K. Total functional expenses rose by 89.8%, from $67K to $128K. In its most recent filing year (2023), Morgan Education Foundation reported a surplus of $34K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$162K	$128K	$858K	$0	—	—
2022	$160K	$135K	$824K	$0	—	View 990
2021	$140K	$126K	$799K	$0	—	View 990
2020	$172K	$134K	$785K	$0	—	View 990
2019	$217K	$147K	$747K	$0	—	View 990
2018	$149K	$144K	$677K	$0	—	View 990
2017	$255K	$129K	$673K	$0	—	View 990
2016	$140K	$126K	$546K	$0	—	View 990
2015	$223K	$125K	$533K	$0	—	View 990
2014	$128K	$92K	$435K	$0	—	View 990
2013	$161K	$139K	$399K	$0	—	View 990
2012	$559K	$571K	$377K	$0	—	View 990
2011	$101K	$67K	$389K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $162K, expenses of $128K, and assets of $858K (revenue +0.9% year-over-year).
2022: Revenue of $160K, expenses of $135K, and assets of $824K (revenue +14.3% year-over-year).
2021: Revenue of $140K, expenses of $126K, and assets of $799K (revenue -18.3% year-over-year).
2020: Revenue of $172K, expenses of $134K, and assets of $785K (revenue -21.1% year-over-year).
2019: Revenue of $217K, expenses of $147K, and assets of $747K (revenue +46.2% year-over-year).
2018: Revenue of $149K, expenses of $144K, and assets of $677K (revenue -41.7% year-over-year).
2017: Revenue of $255K, expenses of $129K, and assets of $673K (revenue +82.4% year-over-year).
2016: Revenue of $140K, expenses of $126K, and assets of $546K (revenue -37.4% year-over-year).
2015: Revenue of $223K, expenses of $125K, and assets of $533K (revenue +74.4% year-over-year).
2014: Revenue of $128K, expenses of $92K, and assets of $435K (revenue -20.4% year-over-year).
2013: Revenue of $161K, expenses of $139K, and assets of $399K (revenue -71.2% year-over-year).
2012: Revenue of $559K, expenses of $571K, and assets of $377K (revenue +454.8% year-over-year).
2011: Revenue of $101K, expenses of $67K, and assets of $389K.

Data Sources and Methodology

This transparency report for Morgan Education 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.