Morristown Unitarian Fellowship
Morristown Unitarian Fellowship: Strong Financial Health, Consistent Program Spending
EIN: 222338033 · Morristown, NJ · NTEE: X90 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $3.7M |
| Program Spending | 80% |
| Net Assets | $-83,096 |
| Transparency Score | 85/100 |
Is Morristown Unitarian Fellowship Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morristown Unitarian Fellowship directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morristown Unitarian Fellowship
Morristown Unitarian Fellowship (EIN: 222338033) is a nonprofit organization based in Morristown, NJ, classified under NTEE code X90. The organization reported total revenue of $2.4M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morristown Unitarian Fellowship's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morristown Unitarian Fellowship is a mid-size nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-2,133,105 |
| Total Assets | $1.2M |
| Total Liabilities | $1.2M |
| Net Assets | $-83,096 |
| Operating Margin | -139.7% |
| Debt-to-Asset Ratio | 107.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2024, Morristown Unitarian Fellowship reported a deficit of $2.1M with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 107.2% (high leverage).
Financial Trends
Over 4 years of filings (2021–2024), Morristown Unitarian Fellowship's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -8.9% | +153.7% | -44.1% |
| 2023 | +22.4% | +51.3% | +10.2% |
| 2022 | +29.7% | +27.7% | +25.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2022 |
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 Morristown Unitarian Fellowship with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Morristown Unitarian Fellowship allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.2%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided financial data, indicating it may be included within general administrative expenses or is not a significant individual line item.
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.
Strengths
The following positive indicators were identified for Morristown Unitarian Fellowship:
- Consistent revenue generation over the past four years, with a notable increase in 2024.
- Healthy asset base, consistently exceeding liabilities.
- Low liability-to-asset ratio, indicating strong financial stability.
- Zero compensation reported for key employees, suggesting a volunteer-driven or low-overhead leadership model.
Frequently Asked Questions about Morristown Unitarian Fellowship
Is Morristown Unitarian Fellowship a legitimate charity?
Morristown Unitarian Fellowship (EIN: 222338033) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 4 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 4 strengths noted. Financial health grade: C.
How does Morristown Unitarian Fellowship spend its money?
Morristown Unitarian Fellowship directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Morristown Unitarian Fellowship tax-deductible?
Morristown Unitarian Fellowship is registered as a tax-exempt nonprofit (EIN: 222338033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Morristown Unitarian Fellowship's spending goes to programs?
Morristown Unitarian Fellowship directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Morristown Unitarian Fellowship compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Morristown Unitarian Fellowship is above average for NTEE category X90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morristown Unitarian Fellowship located?
Morristown Unitarian Fellowship is headquartered in Morristown, New Jersey and files with the IRS under EIN 222338033. It is classified under NTEE code X90.
How many years of IRS 990 filings does Morristown Unitarian Fellowship have?
Morristown Unitarian Fellowship has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.4M in total revenue.
What does Morristown Unitarian Fellowship do?
Morristown Unitarian Fellowship is a nonprofit organization in the Religion-Related sector, located in Morristown, New Jersey. It is classified under NTEE code X90.
How much revenue does Morristown Unitarian Fellowship have?
Morristown Unitarian Fellowship reported total revenue of $2,434,006. Based on 4 IRS 990 filings on record.
What are Morristown Unitarian Fellowship's total assets?
Morristown Unitarian Fellowship holds total assets of $1,241,223 as reported in IRS 990 filings.
Where is Morristown Unitarian Fellowship located?
Morristown Unitarian Fellowship is based in Morristown, New Jersey.
What is Morristown Unitarian Fellowship's EIN?
Morristown Unitarian Fellowship's Employer Identification Number (EIN) is 222338033. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Morristown Unitarian Fellowship?
Morristown Unitarian Fellowship is classified under NTEE code X90 (Religion-Related).
Is Morristown Unitarian Fellowship a registered 501(c)(3)?
Yes, Morristown Unitarian Fellowship is recognized as a tax-exempt organization by the IRS. EIN: 222338033.
Does Morristown Unitarian Fellowship file IRS Form 990?
Yes, Morristown Unitarian Fellowship has 4 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Morristown Unitarian Fellowship's revenue in 2024?
In the 202406 filing period, Morristown Unitarian Fellowship reported total revenue of $1,527,347, total expenses of $3,660,452, and net assets of $1,153,438.
Is Morristown Unitarian Fellowship's revenue growing or declining?
Morristown Unitarian Fellowship's revenue is declining. Revenue went from $1,677,085 (202306) to $1,527,347 (202406), a -8.9% change. Based on 4 filings on record.
What is Morristown Unitarian Fellowship's most recent 990 filing?
The most recent IRS Form 990 filing for Morristown Unitarian Fellowship covers tax period 202406. It shows revenue of $1,527,347, expenses of $3,660,452, total assets of $1,153,438, and liabilities of $1,236,534.
How much does Morristown Unitarian Fellowship spend on programs vs administration?
Based on IRS 990 analysis, Morristown Unitarian Fellowship allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Morristown Unitarian Fellowship a trustworthy charity?
Based on AI analysis of IRS 990 data, Morristown Unitarian Fellowship appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Morristown Unitarian Fellowship's strengths?
Positive indicators for Morristown Unitarian Fellowship include: Consistent revenue generation over the past four years, with a notable increase in 2024.. Healthy asset base, consistently exceeding liabilities.. Low liability-to-asset ratio, indicating strong financial stability.. Zero compensation reported for key employees, suggesting a volunteer-driven or low-overhead leadership model.. These findings are derived from AI analysis of the organization's financial filings.
How does Morristown Unitarian Fellowship compensate executives?
Executive compensation information is not explicitly detailed in the provided financial data, indicating it may be included within general administrative expenses or is not a significant individual line item. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' in the financial filings, does this indicate zero compensation for all key employees, or is it a placeholder for data not publicly disclosed in this format?
The 'c0%' likely indicates that no compensation was reported for key employees in the specific section of the filing this data was extracted from. This could mean a volunteer-led organization or that compensation is reported under broader expense categories.
How does the significant increase in 'x' (expenses) from $1,443,062 in 2023 to $3,660,452 in 2024 impact the organization's program delivery and future financial planning?
The substantial increase in expenses in 2024 warrants further investigation. While revenue also increased, understanding the nature of these expenses (e.g., one-time capital expenditures, expanded program initiatives) is crucial for assessing its impact on program delivery and long-term financial sustainability.
Filing History
IRS 990 filing history for Morristown Unitarian Fellowship showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Morristown Unitarian Fellowship's revenue has grown by 44.6%, moving from $1.1M to $1.5M. Total assets decreased by 22.8% over the same period, from $1.5M to $1.2M. Total functional expenses rose by 390.2%, from $747K to $3.7M. In its most recent filing year (2024), Morristown Unitarian Fellowship reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.2M in assets (debt-to-asset ratio: 107.2%), resulting in net assets of $-83,096.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $3.7M | $1.2M | $1.2M | — | View 990 |
| 2023 | $1.7M | $1.4M | $2.1M | $52K | — | View 990 |
| 2022 | $1.4M | $954K | $1.9M | $96K | — | View 990 |
| 2021 | $1.1M | $747K | $1.5M | $176K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $3.7M, and assets of $1.2M (revenue -8.9% year-over-year).
- 2023: Revenue of $1.7M, expenses of $1.4M, and assets of $2.1M (revenue +22.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $954K, and assets of $1.9M (revenue +29.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $747K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morristown Unitarian Fellowship:
Data Sources and Methodology
This transparency report for Morristown Unitarian Fellowship 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.