Rual R Morris Charitable Foundation Inc

Rual R Morris Charitable Foundation consistently spends more than it earns, drawing down its asset base.

EIN: 208277819 · Mexico, MO · NTEE: T20 · Updated: 2026-03-28

$267KRevenue

$1.2MAssets

70/100Mission Score (Good)

T20

About Rual R Morris Charitable Foundation Inc

Rual R Morris Charitable Foundation Inc (EIN: 208277819) is a nonprofit organization based in Mexico, MO, classified under NTEE code T20. The organization reported total revenue of $267K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rual R Morris Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Rual R Morris Charitable Foundation Inc appears to be a well-established organization with over $1.2 million in assets. However, its financial health shows a consistent trend of expenses exceeding revenue in most recent years, such as in 2023 where expenses were $131,952 against revenues of $113,881, and in 2021 with $129,184 in expenses versus $99,511 in revenue. This indicates a reliance on its asset base to cover operational costs, which has led to a gradual decline in total assets from $1,660,884 in 2011 to $1,227,963 in 2023. The organization consistently reports zero officer compensation, which is a positive indicator of efficient use of funds at the executive level.

The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent deficit spending suggests that the current revenue streams are insufficient to sustain its activities without drawing down its endowment. The organization's liabilities have significantly decreased over time, from $245,000 in 2011 to just $1 in recent years, which is a strong positive for its financial stability. Transparency appears high given the consistent filing of IRS Form 990s and the clear reporting of assets, liabilities, and officer compensation.

Overall, while the foundation demonstrates good transparency and prudent management regarding executive compensation and debt, its long-term financial sustainability is a concern due to the recurring operational deficits. The declining asset base, if continued, could eventually impact its ability to fulfill its charitable mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rual R Morris Charitable Foundation Inc with a Mission Score of 70 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: 80%
fundraising: 5%

According to IRS 990 filings, Rual R Morris Charitable Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for a foundation of this size.

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 Rual R Morris Charitable Foundation Inc's IRS 990 filings:

Consistent deficit spending (expenses exceeding revenue) in most recent years, e.g., 2023 ($131,952 expenses vs. $113,881 revenue).
Gradual decline in total assets over the past decade, from $1,660,884 in 2011 to $1,227,963 in 2023.

Strengths

The following positive indicators were identified for Rual R Morris Charitable Foundation Inc:

Zero officer compensation, indicating highly efficient use of funds at the executive level.
Significant reduction in liabilities, from $245,000 in 2011 to just $1 in recent years, demonstrating strong financial management of debt.
Consistent filing of IRS Form 990s, indicating good transparency.

Frequently Asked Questions about Rual R Morris Charitable Foundation Inc

Is Rual R Morris Charitable Foundation Inc financially sustainable long-term?

The foundation's long-term financial sustainability is questionable given its consistent trend of expenses exceeding revenue, leading to a gradual depletion of its asset base from $1,660,884 in 2011 to $1,227,963 in 2023.

How does the foundation cover its operational deficits?

The foundation appears to cover its operational deficits by drawing down its existing assets, as evidenced by the declining asset values over the past decade while expenses frequently outpace revenue.

What is the trend in the foundation's assets?

The foundation's assets have been on a downward trend, decreasing from $1,660,884 in 2011 to $1,227,963 in 2023.

Does the foundation pay its officers?

No, the foundation consistently reports 0% officer compensation in all provided IRS 990 filings, indicating no salaries are paid to its officers.

Filing History

IRS 990 filing history for Rual R Morris Charitable Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Rual R Morris Charitable Foundation Inc's revenue has grown by 95.8%, moving from $58K to $114K. Total assets decreased by 26.1% over the same period, from $1.7M to $1.2M. Total functional expenses rose by 64.3%, from $80K to $132K. In its most recent filing year (2023), Rual R Morris Charitable Foundation Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$114K	$132K	$1.2M	$1	—	View 990
2022	$99K	$94K	$1.2M	$1	—	View 990
2021	$100K	$129K	$1.2M	$1	—	—
2020	$79K	$177K	$1.3M	$1	—	View 990
2019	$110K	$138K	$1.4M	$25K	—	View 990
2015	$31K	$63K	$1.6M	$155K	—	View 990
2014	$111K	$151K	$1.6M	$150K	—	View 990
2013	$208K	$111K	$1.7M	$175K	—	View 990
2012	$66K	$102K	$1.6M	$210K	—	View 990
2011	$58K	$80K	$1.7M	$245K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $114K, expenses of $132K, and assets of $1.2M (revenue +14.6% year-over-year).
2022: Revenue of $99K, expenses of $94K, and assets of $1.2M (revenue -0.1% year-over-year).
2021: Revenue of $100K, expenses of $129K, and assets of $1.2M (revenue +25.8% year-over-year).
2020: Revenue of $79K, expenses of $177K, and assets of $1.3M (revenue -28.2% year-over-year).
2019: Revenue of $110K, expenses of $138K, and assets of $1.4M (revenue +251.6% year-over-year).
2015: Revenue of $31K, expenses of $63K, and assets of $1.6M (revenue -71.8% year-over-year).
2014: Revenue of $111K, expenses of $151K, and assets of $1.6M (revenue -46.6% year-over-year).
2013: Revenue of $208K, expenses of $111K, and assets of $1.7M (revenue +213.9% year-over-year).
2012: Revenue of $66K, expenses of $102K, and assets of $1.6M (revenue +13.9% year-over-year).
2011: Revenue of $58K, expenses of $80K, and assets of $1.7M.

Data Sources and Methodology

This transparency report for Rual R Morris Charitable 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.