Morris Foundation Inc
Morris Foundation Inc. shows strong asset growth and consistent surpluses with zero reported officer compensation.
EIN: 205509111 · Glenville, WV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $25.2M |
| Transparency Score | 90/100 |
Is Morris Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morris Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morris Foundation Inc
Morris Foundation Inc (EIN: 205509111) is a nonprofit organization based in Glenville, WV, classified under NTEE code T20. The organization reported total revenue of $5.5M and total assets of $26.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morris Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morris Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 32.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.5M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$6.8M |
| Total Assets | $25.2M |
| Total Liabilities | $81K |
| Net Assets | $25.2M |
| Operating Margin | 71.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 111.9 months |
Financial Health Grade: A
In 2023, Morris Foundation Inc reported a surplus of $6.8M with revenue exceeding expenses, holds 111.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Morris Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +63.7% | +32.2% |
| 2022 | +138.3% | -26.0% | +56.0% |
| 2021 | +3.2% | +126.8% | +16.7% |
| 2020 | +384.4% | +21.4% | +38.5% |
| 2019 | +173.2% | +77.1% | +32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Foundation Inc with a Mission Score of 90 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Morris Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The Morris Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization of its size with assets exceeding $25 million.
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 Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
- Consistent zero officer compensation for an organization with over $25M in assets is highly unusual and warrants further inquiry into how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Morris Foundation Inc:
- Strong asset growth, increasing from $3.7M in 2011 to over $25M in 2023.
- Consistent reporting of zero officer compensation, indicating a potential commitment to directing funds to mission.
- Significant revenue surpluses in recent years (e.g., $9.5M revenue vs. $2.7M expenses in 2023).
- Very low liabilities relative to assets, indicating strong financial stability.
- Positive financial trajectory with consistent revenue and asset increases.
Frequently Asked Questions about Morris Foundation Inc
Is Morris Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morris Foundation Inc (EIN: 205509111) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Morris Foundation Inc spend its money?
Morris Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Morris Foundation Inc tax-deductible?
Morris Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205509111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Morris Foundation Inc CEO make?
Morris Foundation Inc's highest-compensated officer earns $25 annually. The organization reported $5.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Morris Foundation Inc's spending goes to programs?
Morris Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Morris Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Morris Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morris Foundation Inc located?
Morris Foundation Inc is headquartered in Glenville, West Virginia and files with the IRS under EIN 205509111. It is classified under NTEE code T20.
How many years of IRS 990 filings does Morris Foundation Inc have?
Morris Foundation Inc has 10 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 $5.5M in total revenue.
How does Morris Foundation Inc. manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is provided through an affiliated entity or other non-officer compensation mechanisms. This is a significant factor in its financial efficiency.
What are the primary activities funded by the Morris Foundation Inc. given its NTEE code T20?
As a T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) organization, its primary activities likely involve making grants to other organizations or individuals, rather than direct service provision. This model often results in lower operational expenses relative to revenue.
What is the trend in the organization's net assets over the past decade?
The organization has shown remarkable growth in net assets, increasing from $3,714,756 in 2011 to $25,245,206 in 2023, indicating strong financial management and accumulation of resources.
How does the organization's expense ratio compare to its revenue in recent years?
In recent years, the organization has maintained a very low expense ratio relative to its revenue. For example, in 2023, expenses were $2,706,943 against revenues of $9,509,499, demonstrating significant surpluses and efficient operations.
Filing History
IRS 990 filing history for Morris Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Morris Foundation Inc's revenue has grown by 2940.4%, moving from $313K to $9.5M. Total assets increased by 579.6% over the same period, from $3.7M to $25.2M. Total functional expenses rose by 532.5%, from $428K to $2.7M. In its most recent filing year (2023), Morris Foundation Inc reported a surplus of $6.8M, with revenue exceeding expenses. The organization holds $81K in liabilities against $25.2M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $25.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $2.7M | $25.2M | $81K | — | View 990 |
| 2022 | $9.5M | $1.7M | $19.1M | $487 | — | View 990 |
| 2021 | $4.0M | $2.2M | $12.2M | $93K | — | View 990 |
| 2020 | $3.8M | $985K | $10.5M | $721 | — | View 990 |
| 2019 | $795K | $811K | $7.6M | $142K | — | View 990 |
| 2015 | $291K | $458K | $5.7M | $1 | — | View 990 |
| 2014 | $2.4M | $2.5M | $5.9M | $1 | — | View 990 |
| 2013 | $3.0M | $2.9M | $6.0M | $1 | — | View 990 |
| 2012 | $2.7M | $488K | $5.9M | $5K | — | View 990 |
| 2011 | $313K | $428K | $3.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $2.7M, and assets of $25.2M (revenue +0.5% year-over-year).
- 2022: Revenue of $9.5M, expenses of $1.7M, and assets of $19.1M (revenue +138.3% year-over-year).
- 2021: Revenue of $4.0M, expenses of $2.2M, and assets of $12.2M (revenue +3.2% year-over-year).
- 2020: Revenue of $3.8M, expenses of $985K, and assets of $10.5M (revenue +384.4% year-over-year).
- 2019: Revenue of $795K, expenses of $811K, and assets of $7.6M (revenue +173.2% year-over-year).
- 2015: Revenue of $291K, expenses of $458K, and assets of $5.7M (revenue -87.9% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $5.9M (revenue -19.0% year-over-year).
- 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $6.0M (revenue +9.3% year-over-year).
- 2012: Revenue of $2.7M, expenses of $488K, and assets of $5.9M (revenue +766.5% year-over-year).
- 2011: Revenue of $313K, expenses of $428K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morris Foundation Inc:
Data Sources and Methodology
This transparency report for Morris 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.