Morgan Family Foundation
Morgan Family Foundation shows consistent asset base with fluctuating annual revenue and expenses, no reported officer compensation.
EIN: 203940625 · Edmond, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $255K |
| Transparency Score | 85/100 |
Is Morgan Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morgan Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morgan Family Foundation
Morgan Family Foundation (EIN: 203940625) is a nonprofit organization based in Edmond, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morgan Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morgan Family Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $6K |
| Surplus / Deficit | +$14K |
| Total Assets | $255K |
| Total Liabilities | $1 |
| Net Assets | $255K |
| Operating Margin | 67.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 473.2 months |
Financial Health Grade: A
In 2015, Morgan Family Foundation reported a surplus of $14K with revenue exceeding expenses, holds 473.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Morgan Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +38.8% | +480.4% | +5.7% |
| 2014 | -29.5% | -98.8% | +5.9% |
| 2013 | +2.7% | +516.3% | -23.2% |
| 2012 | +53.8% | -2.5% | +1.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morgan Family Foundation with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Morgan Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation was reported across all five filings, suggesting a volunteer-led organization or that compensation is covered by other means not disclosed in this section, which is typical for small family foundations.
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 Family Foundation's IRS 990 filings:
- Significant expense spike in 2013 ($89,634) relative to revenue ($20,599) without clear explanation in summary data.
Strengths
The following positive indicators were identified for Morgan Family Foundation:
- Consistent and healthy asset base ($228,081 - $297,116) indicating long-term stability.
- Minimal liabilities across all reported periods ($1), demonstrating strong financial health.
- No reported officer compensation, suggesting volunteer leadership or highly efficient operational costs.
- Generally low annual expenses relative to assets, indicating prudent financial management.
Frequently Asked Questions about Morgan Family Foundation
Is Morgan Family Foundation a legitimate charity?
Morgan Family Foundation (EIN: 203940625) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Morgan Family Foundation spend its money?
Morgan Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Morgan Family Foundation tax-deductible?
Morgan Family Foundation is registered as a tax-exempt nonprofit (EIN: 203940625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morgan Family Foundation located?
Morgan Family Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 203940625.
How many years of IRS 990 filings does Morgan Family Foundation have?
Morgan Family Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is the Morgan Family Foundation financially stable?
Yes, the foundation appears financially stable, consistently holding assets between $228,081 and $297,116 with negligible liabilities across all reported periods.
Does the foundation spend efficiently?
Based on the available data, the foundation's expenses are relatively low compared to its assets, and in most years, expenses are well within its revenue, suggesting efficient management. For example, in 2015, expenses were $6,472 against $20,174 in revenue.
What is the primary source of the foundation's income?
The filings indicate revenue ranging from $13,043 to $20,599 annually, which for a private foundation, typically comes from investment income on its assets or contributions from family members, though specific sources are not detailed in the summary data provided.
Filing History
IRS 990 filing history for Morgan Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Morgan Family Foundation's revenue has grown by 54.7%, moving from $13K to $20K. Total assets decreased by 12.5% over the same period, from $292K to $255K. Total functional expenses fell by 56.6%, from $15K to $6K. In its most recent filing year (2015), Morgan Family Foundation reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1 in liabilities against $255K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $255K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $20K | $6K | $255K | $1 | — | View 990 |
| 2014 | $15K | $1K | $241K | $1 | — | View 990 |
| 2013 | $21K | $90K | $228K | $1 | — | View 990 |
| 2012 | $20K | $15K | $297K | $1 | — | View 990 |
| 2011 | $13K | $15K | $292K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $20K, expenses of $6K, and assets of $255K (revenue +38.8% year-over-year).
- 2014: Revenue of $15K, expenses of $1K, and assets of $241K (revenue -29.5% year-over-year).
- 2013: Revenue of $21K, expenses of $90K, and assets of $228K (revenue +2.7% year-over-year).
- 2012: Revenue of $20K, expenses of $15K, and assets of $297K (revenue +53.8% year-over-year).
- 2011: Revenue of $13K, expenses of $15K, and assets of $292K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morgan Family Foundation:
Data Sources and Methodology
This transparency report for Morgan 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.