Morrell Family Charities
Morrell Family Charities faces severe financial instability with declining revenue and operating deficits.
EIN: 204153684 · Wellsville, UT · NTEE: T20 · Updated: 2026-03-28
About Morrell Family Charities
Morrell Family Charities (EIN: 204153684) is a nonprofit organization based in Wellsville, UT, classified under NTEE code T20. The organization reported total revenue of $1 and total assets of $234 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morrell Family Charities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morrell Family Charities with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Morrell Family Charities allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not reported as officer compensation. This is unusual for an organization that previously handled revenues in the hundreds of thousands, and while it minimizes administrative overhead, it raises questions about the sustainability of leadership and operations given the significant decline in revenue.
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 Morrell Family Charities's IRS 990 filings:
- Dramatic decline in revenue from $441,617 in 2011 to $1 in the latest period.
- Consistent operating deficits, notably $54,912 in 2015 ($44,513 revenue vs. $99,425 expenses).
- Latest reported revenue of $1 raises serious concerns about current operational status.
- Fluctuating asset base without clear growth, ending at $234 in the latest period.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes efficiency assessment difficult.
Strengths
The following positive indicators were identified for Morrell Family Charities:
- Consistent reporting of 0% officer compensation, indicating low executive overhead.
- History of filing required IRS 990 forms, demonstrating a level of transparency.
Frequently Asked Questions about Morrell Family Charities
Is Morrell Family Charities currently operational given the latest reported revenue of $1?
The latest reported revenue of $1 is highly unusual and suggests the organization may no longer be actively operating or has significantly scaled down its activities. Further investigation into their current status would be necessary.
What caused the dramatic decline in revenue from $441,617 in 2011 to $1 in the latest period?
The provided data does not specify the reasons for the revenue decline. This significant drop warrants a deeper look into their funding sources, operational changes, or potential reporting errors.
How does Morrell Family Charities sustain operations with consistent operating deficits, such as the $54,912 deficit in 2015?
Sustaining operations with consistent deficits is challenging. It could indicate reliance on prior year reserves, asset liquidation, or a significant reduction in activities. The organization's ability to continue operating under such conditions is questionable.
What are the specific programs Morrell Family Charities supports, and what impact are they achieving?
The provided financial data does not detail specific programs or their impact. Given the financial instability, the scope and effectiveness of any current programs are likely limited.
Filing History
IRS 990 filing history for Morrell Family Charities showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Morrell Family Charities's revenue has declined by 89.9%, moving from $442K to $45K. Total assets decreased by 98.6% over the same period, from $16K to $234. Total functional expenses fell by 77.3%, from $438K to $99K. In its most recent filing year (2015), Morrell Family Charities reported a deficit of $55K, with expenses exceeding revenue. The organization holds $1 in liabilities against $234 in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $233.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $45K | $99K | $234 | $1 | — | View 990 |
| 2014 | $125K | $99K | $57K | $2K | — | View 990 |
| 2013 | $329K | $300K | $30K | $0 | — | View 990 |
| 2012 | $185K | $197K | $738 | $1 | — | View 990 |
| 2011 | $442K | $438K | $16K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $45K, expenses of $99K, and assets of $234 (revenue -64.3% year-over-year).
- 2014: Revenue of $125K, expenses of $99K, and assets of $57K (revenue -62.1% year-over-year).
- 2013: Revenue of $329K, expenses of $300K, and assets of $30K (revenue +77.4% year-over-year).
- 2012: Revenue of $185K, expenses of $197K, and assets of $738 (revenue -58.1% year-over-year).
- 2011: Revenue of $442K, expenses of $438K, and assets of $16K.
Data Sources and Methodology
This transparency report for Morrell Family Charities 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.