Morris Rugby Corporation
Morris Rugby Corporation: Consistent Revenue, Strong Asset Growth, but Transparency Lacking
EIN: 222975743 · Morristown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $221K |
| Total Expenses | $182K |
| Program Spending | 70% |
| Net Assets | $398K |
| Transparency Score | 75/100 |
Is Morris Rugby Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morris Rugby Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Morris Rugby Corporation
Morris Rugby Corporation (EIN: 222975743) is a nonprofit organization based in Morristown, NJ. The organization reported total revenue of $221K and total assets of $576K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morris Rugby Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morris Rugby Corporation is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $223K |
| Total Expenses | $182K |
| Surplus / Deficit | +$40K |
| Total Assets | $398K |
| Net Assets | $398K |
| Operating Margin | 18.1% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2023, Morris Rugby Corporation reported a surplus of $40K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Morris Rugby Corporation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.7% | -2.0% | +18.5% |
| 2022 | +123.4% | +146.3% | -8.3% |
| 2021 | +5.3% | -14.8% | +22.7% |
| 2020 | -44.1% | -42.6% | +9.0% |
| 2019 | -29.8% | -31.4% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Rugby Corporation 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: 70%
- fundraising: 15%
According to IRS 990 filings, Morris Rugby Corporation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation details are not disclosed in the provided filings, making it impossible to assess.
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 Rugby Corporation's IRS 990 filings:
- Lack of detailed program reporting makes impact assessment difficult.
- No executive compensation information available in filings.
- Limited narrative explanation for financial changes over time.
Strengths
The following positive indicators were identified for Morris Rugby Corporation:
- Consistent revenue generation over several years, with 2023 revenue at $222,678.
- Significant asset growth from $143,681 in 2016 to $397,639 in 2023.
- Maintains a healthy asset base relative to revenue.
Frequently Asked Questions about Morris Rugby Corporation
Is Morris Rugby Corporation a legitimate charity?
Morris Rugby Corporation (EIN: 222975743) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $221K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Morris Rugby Corporation spend its money?
Morris Rugby Corporation directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Morris Rugby Corporation tax-deductible?
Morris Rugby Corporation is registered as a tax-exempt nonprofit (EIN: 222975743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Morris Rugby Corporation's spending goes to programs?
Morris Rugby Corporation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Morris Rugby Corporation located?
Morris Rugby Corporation is headquartered in Morristown, New Jersey and files with the IRS under EIN 222975743.
How many years of IRS 990 filings does Morris Rugby Corporation have?
Morris Rugby Corporation 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 $221K in total revenue.
What does Morris Rugby Corporation do?
Morris Rugby Corporation is a nonprofit organization in the Unknown sector, located in Morristown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Morris Rugby Corporation have?
Morris Rugby Corporation reported total revenue of $221,141. Based on 13 IRS 990 filings on record.
What are Morris Rugby Corporation's total assets?
Morris Rugby Corporation holds total assets of $575,840 as reported in IRS 990 filings.
Where is Morris Rugby Corporation located?
Morris Rugby Corporation is based in Morristown, New Jersey.
What is Morris Rugby Corporation's EIN?
Morris Rugby Corporation's Employer Identification Number (EIN) is 222975743. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Morris Rugby Corporation?
Morris Rugby Corporation is classified under NTEE code Unknown (Unknown).
Is Morris Rugby Corporation a registered 501(c)(3)?
Morris Rugby Corporation appears in IRS records (EIN: 222975743). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Morris Rugby Corporation file IRS Form 990?
Yes, Morris Rugby Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Morris Rugby Corporation's revenue in 2023?
In the 202308 filing period, Morris Rugby Corporation reported total revenue of $222,678, total expenses of $182,462, and net assets of $397,639.
Is Morris Rugby Corporation's revenue growing or declining?
Morris Rugby Corporation's revenue is relatively stable. Revenue went from $233,751 (202208) to $222,678 (202308), a -4.7% change. Based on 13 filings on record.
What is Morris Rugby Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Morris Rugby Corporation covers tax period 202308. It shows revenue of $222,678, expenses of $182,462, total assets of $397,639, and liabilities of N/A.
How much does Morris Rugby Corporation spend on programs vs administration?
Based on IRS 990 analysis, Morris Rugby Corporation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Morris Rugby Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Morris Rugby Corporation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Morris Rugby Corporation?
The following concerns were identified: Lack of detailed program reporting makes impact assessment difficult.. No executive compensation information available in filings.. Limited narrative explanation for financial changes over time.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Morris Rugby Corporation's strengths?
Positive indicators for Morris Rugby Corporation include: Consistent revenue generation over several years, with 2023 revenue at $222,678.. Significant asset growth from $143,681 in 2016 to $397,639 in 2023.. Maintains a healthy asset base relative to revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does Morris Rugby Corporation compensate executives?
Executive compensation details are not disclosed in the provided filings, making it impossible to assess. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the substantial increase in assets from $143,681 in 2016 to $397,639 in 2023, and how are these assets being utilized to further the organization's mission?
The filings show a consistent increase in total assets, but without specific details on the nature of these assets (e.g., property, equipment, investments) or their strategic deployment, it's unclear how this growth directly translates into enhanced program delivery or organizational capacity.
Given the consistent revenue and asset growth, what specific strategies are in place to expand program reach and impact within the community?
While the organization demonstrates financial stability, the absence of detailed program descriptions or impact reports makes it challenging to understand the scope and effectiveness of their community engagement and program expansion efforts.
Filing History
IRS 990 filing history for Morris Rugby Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morris Rugby Corporation's revenue has declined by 5.3%, moving from $235K to $223K. Total assets increased by 203.3% over the same period, from $131K to $398K. Total functional expenses fell by 28.3%, from $255K to $182K. In its most recent filing year (2023), Morris Rugby Corporation reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $223K | $182K | $398K | $0 | — | View 990 |
| 2022 | $234K | $186K | $336K | $0 | — | View 990 |
| 2021 | $105K | $76K | $366K | $0 | — | View 990 |
| 2020 | $99K | $89K | $299K | $0 | — | View 990 |
| 2019 | $178K | $155K | $274K | $0 | — | View 990 |
| 2018 | $254K | $226K | $244K | $0 | — | View 990 |
| 2017 | $356K | $298K | $211K | $0 | — | View 990 |
| 2016 | $319K | $263K | $144K | $0 | — | View 990 |
| 2015 | $337K | $343K | $86K | $0 | — | View 990 |
| 2014 | $333K | $341K | $95K | $0 | — | View 990 |
| 2013 | $252K | $285K | $93K | $0 | — | View 990 |
| 2012 | $241K | $250K | $127K | $0 | — | View 990 |
| 2011 | $235K | $255K | $131K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $223K, expenses of $182K, and assets of $398K (revenue -4.7% year-over-year).
- 2022: Revenue of $234K, expenses of $186K, and assets of $336K (revenue +123.4% year-over-year).
- 2021: Revenue of $105K, expenses of $76K, and assets of $366K (revenue +5.3% year-over-year).
- 2020: Revenue of $99K, expenses of $89K, and assets of $299K (revenue -44.1% year-over-year).
- 2019: Revenue of $178K, expenses of $155K, and assets of $274K (revenue -29.8% year-over-year).
- 2018: Revenue of $254K, expenses of $226K, and assets of $244K (revenue -28.7% year-over-year).
- 2017: Revenue of $356K, expenses of $298K, and assets of $211K (revenue +11.6% year-over-year).
- 2016: Revenue of $319K, expenses of $263K, and assets of $144K (revenue -5.3% year-over-year).
- 2015: Revenue of $337K, expenses of $343K, and assets of $86K (revenue +1.1% year-over-year).
- 2014: Revenue of $333K, expenses of $341K, and assets of $95K (revenue +32.2% year-over-year).
- 2013: Revenue of $252K, expenses of $285K, and assets of $93K (revenue +4.4% year-over-year).
- 2012: Revenue of $241K, expenses of $250K, and assets of $127K (revenue +2.6% year-over-year).
- 2011: Revenue of $235K, expenses of $255K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morris Rugby Corporation:
Data Sources and Methodology
This transparency report for Morris Rugby Corporation 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.