Morrison Charitable Trust
EIN: 566093800 · Las Vegas, NV
| Metric | Value |
|---|---|
| Total Expenses | $310K |
| Net Assets | $3.0M |
Is Morrison Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morrison Charitable Trust
Morrison Charitable Trust (EIN: 566093800) is a nonprofit organization based in Las Vegas, NV. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morrison Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morrison Charitable Trust is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $310K |
| Surplus / Deficit | $-205,199 |
| Total Assets | $3.0M |
| Net Assets | $3.0M |
| Operating Margin | -195.6% |
| Months of Reserves | 115.7 months |
Financial Health Grade: B
In 2015, Morrison Charitable Trust reported a deficit of $205K with expenses exceeding revenue, holds 115.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Morrison Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -61.5% | -1.4% | -6.3% |
| 2014 | +122.8% | +27.5% | -0.3% |
| 2013 | +17.8% | +10.9% | -3.7% |
| 2012 | -8.1% | -1.6% | -3.6% |
AI Analysis Pending
AI enrichment for Morrison Charitable Trust 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 Morrison Charitable Trust 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $205K, with expenses exceeding revenue.
Frequently Asked Questions about Morrison Charitable Trust
Is Morrison Charitable Trust a legitimate charity?
Morrison Charitable Trust (EIN: 566093800) is a registered tax-exempt nonprofit based in Nevada. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Morrison Charitable Trust spend its money?
Morrison Charitable Trust reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morrison Charitable Trust tax-deductible?
Morrison Charitable Trust is registered as a tax-exempt nonprofit (EIN: 566093800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morrison Charitable Trust located?
Morrison Charitable Trust is headquartered in Las Vegas, Nevada and files with the IRS under EIN 566093800.
How many years of IRS 990 filings does Morrison Charitable Trust have?
Morrison Charitable Trust has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Morrison Charitable Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Morrison Charitable Trust's revenue has declined by 7%, moving from $113K to $105K. Total assets decreased by 13.3% over the same period, from $3.4M to $3.0M. Total functional expenses rose by 37.2%, from $226K to $310K. In its most recent filing year (2015), Morrison Charitable Trust reported a deficit of $205K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $105K | $310K | $3.0M | $0 | — | View 990 |
| 2014 | $272K | $314K | $3.2M | $0 | — | View 990 |
| 2013 | $122K | $247K | $3.2M | $0 | — | View 990 |
| 2012 | $104K | $222K | $3.3M | $1 | — | View 990 |
| 2011 | $113K | $226K | $3.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $105K, expenses of $310K, and assets of $3.0M (revenue -61.5% year-over-year).
- 2014: Revenue of $272K, expenses of $314K, and assets of $3.2M (revenue +122.8% year-over-year).
- 2013: Revenue of $122K, expenses of $247K, and assets of $3.2M (revenue +17.8% year-over-year).
- 2012: Revenue of $104K, expenses of $222K, and assets of $3.3M (revenue -8.1% year-over-year).
- 2011: Revenue of $113K, expenses of $226K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morrison Charitable Trust:
Data Sources and Methodology
This transparency report for Morrison Charitable Trust 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.