Morris & Anna Propp Sons Fund Inc
Morris & Anna Propp Sons Fund Inc maintains substantial assets with highly variable revenue and no reported officer compensation.
EIN: 136099110 · Jupiter, FL · Updated: 2026-03-28
Is Morris & Anna Propp Sons Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morris & Anna Propp Sons Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morris & Anna Propp Sons Fund Inc
Morris & Anna Propp Sons Fund Inc (EIN: 136099110) is a nonprofit organization based in Jupiter, FL. The organization reported total revenue of $13.4M and total assets of $15.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morris & Anna Propp Sons Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morris & Anna Propp Sons Fund Inc is a large nonprofit that has been operating for 79 years, with 8 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -14.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $987K |
| Surplus / Deficit | +$116K |
| Total Assets | $12.8M |
| Total Liabilities | $1 |
| Net Assets | $12.8M |
| Operating Margin | 10.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.7 months |
Financial Health Grade: A
In 2022, Morris & Anna Propp Sons Fund Inc reported a surplus of $116K with revenue exceeding expenses, holds 155.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2022), Morris & Anna Propp Sons Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +87.4% | +17.8% | +0.9% |
| 2021 | +100.0% | -33.6% | -1.9% |
| 2020 | -90.7% | -0.1% | -6.9% |
| 2019 | +149.5% | -17.9% | +8.8% |
| 2015 | -17.7% | +1.0% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morris & Anna Propp Sons Fund Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 0%
According to IRS 990 filings, Morris & Anna Propp Sons Fund Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which significantly reduces administrative overhead relative to its asset base.
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 Morris & Anna Propp Sons Fund Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning challenging.
- Expenses exceeded revenue in multiple years (e.g., 2020, 2021) indicating deficit spending.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
- NTEE code is unknown, hindering understanding of its specific charitable purpose.
Strengths
The following positive indicators were identified for Morris & Anna Propp Sons Fund Inc:
- Consistently strong asset base, generally above $12 million, providing financial stability.
- Zero reported officer compensation across all filings, indicating low executive overhead.
- Minimal to zero liabilities reported, demonstrating strong financial solvency.
- Latest reported revenue of $13,442,576 indicates significant capacity for funding initiatives.
Frequently Asked Questions about Morris & Anna Propp Sons Fund Inc
Is Morris & Anna Propp Sons Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morris & Anna Propp Sons Fund Inc (EIN: 136099110) some concerns. Mission Score: 75/100. 4 red flags identified, 4 strengths noted.
How does Morris & Anna Propp Sons Fund Inc spend its money?
Morris & Anna Propp Sons Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Morris & Anna Propp Sons Fund Inc tax-deductible?
Morris & Anna Propp Sons Fund Inc is registered as a tax-exempt nonprofit (EIN: 136099110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage its significant revenue fluctuations?
The organization's revenue has varied wildly, from $294,275 in 2020 to $13,442,576 in the latest period. This suggests a need for robust financial planning to manage cash flow and ensure consistent program delivery despite unpredictable income.
What is the primary source of the organization's revenue?
Without detailed 990 forms, the specific sources are unclear, but the large fluctuations suggest reliance on grants, investments, or large individual contributions rather than a stable, recurring donor base.
How does the organization sustain operations with zero officer compensation?
The consistent reporting of 0% officer compensation implies that leadership roles may be filled by volunteers, or compensation is structured in a way that is not reported as officer compensation on the 990, which is unusual for an organization with assets over $12 million.
What are the specific programs or activities funded by the organization?
The provided data does not specify the NTEE code or program details, making it difficult to assess the direct impact of its spending on its stated mission.
Why did expenses exceed revenue in certain years (e.g., 2020, 2021)?
In 2020, expenses were $1,261,020 against $294,275 revenue, and in 2021, expenses were $837,878 against $588,590 revenue. This indicates the organization either drew from its substantial asset base or prior year surpluses to cover operational costs during those periods.
Filing History
IRS 990 filing history for Morris & Anna Propp Sons Fund Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2022), Morris & Anna Propp Sons Fund Inc's revenue has declined by 81.8%, moving from $6.1M to $1.1M. Total assets increased by 44.1% over the same period, from $8.9M to $12.8M. Total functional expenses fell by 46.2%, from $1.8M to $987K. In its most recent filing year (2022), Morris & Anna Propp Sons Fund Inc reported a surplus of $116K, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $987K | $12.8M | $1 | — | View 990 |
| 2021 | $589K | $838K | $12.7M | $1 | — | View 990 |
| 2020 | $294K | $1.3M | $12.9M | $1 | — | View 990 |
| 2019 | $3.2M | $1.3M | $13.9M | $0 | — | — |
| 2015 | $1.3M | $1.5M | $12.8M | $582 | — | View 990 |
| 2013 | $1.5M | $1.5M | $12.6M | $0 | — | View 990 |
| 2012 | $8.0M | $4.3M | $12.5M | $0 | — | View 990 |
| 2011 | $6.1M | $1.8M | $8.9M | $321 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $987K, and assets of $12.8M (revenue +87.4% year-over-year).
- 2021: Revenue of $589K, expenses of $838K, and assets of $12.7M (revenue +100.0% year-over-year).
- 2020: Revenue of $294K, expenses of $1.3M, and assets of $12.9M (revenue -90.7% year-over-year).
- 2019: Revenue of $3.2M, expenses of $1.3M, and assets of $13.9M (revenue +149.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.5M, and assets of $12.8M (revenue -17.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $12.6M (revenue -80.7% year-over-year).
- 2012: Revenue of $8.0M, expenses of $4.3M, and assets of $12.5M (revenue +31.7% year-over-year).
- 2011: Revenue of $6.1M, expenses of $1.8M, and assets of $8.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morris & Anna Propp Sons Fund Inc:
Data Sources and Methodology
This transparency report for Morris & Anna Propp Sons Fund 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.