Morland Community Foundation Inc
EIN: 481140372 · Morland, KS · NTEE: T30Z
| Metric | Value |
|---|---|
| Total Revenue | $335K |
| Total Expenses | $135K |
| Net Assets | $763K |
Is Morland Community Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morland Community Foundation Inc
Morland Community Foundation Inc (EIN: 481140372) is a nonprofit organization based in Morland, KS, classified under NTEE code T30Z. The organization reported total revenue of $335K and total assets of $792K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morland Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morland Community Foundation Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $135K |
| Surplus / Deficit | +$7K |
| Total Assets | $764K |
| Total Liabilities | $946 |
| Net Assets | $763K |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 67.9 months |
Financial Health Grade: A
In 2023, Morland Community Foundation Inc reported a surplus of $7K with revenue exceeding expenses, holds 67.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Morland Community Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.2% | +10.7% | +0.9% |
| 2022 | -22.4% | -13.1% | -11.6% |
| 2021 | -16.8% | +24.0% | -3.2% |
| 2020 | +45.8% | +18.4% | +2.5% |
| 2019 | +18.2% | -15.7% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morland Community Foundation Inc 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 Morland Community Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Morland Community Foundation Inc
Is Morland Community Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morland Community Foundation Inc (EIN: 481140372) insufficient data. 0 red flags identified, 0 strengths noted.
How does Morland Community Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Morland Community Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Morland Community Foundation Inc tax-deductible?
Morland Community Foundation Inc is registered as a tax-exempt nonprofit (EIN: 481140372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morland Community Foundation Inc located?
Morland Community Foundation Inc is headquartered in Morland, Kansas and files with the IRS under EIN 481140372. It is classified under NTEE code T30Z.
How many years of IRS 990 filings does Morland Community Foundation Inc have?
Morland Community Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $335K in total revenue.
Filing History
IRS 990 filing history for Morland Community Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morland Community Foundation Inc's revenue has grown by 37.9%, moving from $103K to $142K. Total assets increased by 0.3% over the same period, from $762K to $764K. Total functional expenses rose by 151.1%, from $54K to $135K. In its most recent filing year (2023), Morland Community Foundation Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $946 in liabilities against $764K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $763K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $135K | $764K | $946 | — | — |
| 2022 | $87K | $122K | $758K | $2K | — | — |
| 2021 | $112K | $140K | $857K | $2K | — | — |
| 2020 | $134K | $113K | $886K | $2K | — | View 990 |
| 2019 | $92K | $96K | $864K | $1K | — | View 990 |
| 2018 | $78K | $113K | $869K | $3K | — | View 990 |
| 2017 | $173K | $93K | $904K | $2K | — | View 990 |
| 2016 | $50K | $121K | $823K | $1K | — | View 990 |
| 2015 | $144K | $81K | $903K | $10K | — | View 990 |
| 2014 | $33K | $84K | $838K | $8K | — | View 990 |
| 2013 | $114K | $48K | $881K | $0 | — | View 990 |
| 2012 | $95K | $29K | $823K | $8K | — | View 990 |
| 2011 | $103K | $54K | $762K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $135K, and assets of $764K (revenue +64.2% year-over-year).
- 2022: Revenue of $87K, expenses of $122K, and assets of $758K (revenue -22.4% year-over-year).
- 2021: Revenue of $112K, expenses of $140K, and assets of $857K (revenue -16.8% year-over-year).
- 2020: Revenue of $134K, expenses of $113K, and assets of $886K (revenue +45.8% year-over-year).
- 2019: Revenue of $92K, expenses of $96K, and assets of $864K (revenue +18.2% year-over-year).
- 2018: Revenue of $78K, expenses of $113K, and assets of $869K (revenue -55.1% year-over-year).
- 2017: Revenue of $173K, expenses of $93K, and assets of $904K (revenue +249.4% year-over-year).
- 2016: Revenue of $50K, expenses of $121K, and assets of $823K (revenue -65.6% year-over-year).
- 2015: Revenue of $144K, expenses of $81K, and assets of $903K (revenue +332.0% year-over-year).
- 2014: Revenue of $33K, expenses of $84K, and assets of $838K (revenue -70.6% year-over-year).
- 2013: Revenue of $114K, expenses of $48K, and assets of $881K (revenue +20.2% year-over-year).
- 2012: Revenue of $95K, expenses of $29K, and assets of $823K (revenue -8.4% year-over-year).
- 2011: Revenue of $103K, expenses of $54K, and assets of $762K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morland Community Foundation Inc:
Data Sources and Methodology
This transparency report for Morland Community Foundation 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.