William T Morris Foundation Inc
William T Morris Foundation consistently spends more than it earns, drawing down its endowment while reporting zero officer compensation.
EIN: 131600908 · Naples, FL · Updated: 2026-03-28
Is William T 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 →
William T Morris Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William T Morris Foundation Inc
William T Morris Foundation Inc (EIN: 131600908) is a nonprofit organization based in Naples, FL. The organization reported total revenue of $26.9M and total assets of $36.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William T Morris Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William T Morris Foundation Inc is a large nonprofit that has been operating for 82 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-1,432,012 |
| Total Assets | $36.9M |
| Total Liabilities | $6K |
| Net Assets | $36.9M |
| Operating Margin | -143.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.0 months |
Financial Health Grade: B
In 2023, William T Morris Foundation Inc reported a deficit of $1.4M with expenses exceeding revenue, holds 182.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), William T Morris Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.0% | -5.0% | -3.8% |
| 2022 | -30.1% | +8.0% | -0.9% |
| 2021 | +2671.4% | -13.3% | +2.3% |
| 2020 | -94.2% | -14.9% | -6.5% |
| 2019 | -37.8% | -5.3% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 William T Morris Foundation Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, William T 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 deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly volunteer-driven leadership or that compensation is covered by other entities, which is a strong positive for directing funds to its mission.
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 William T Morris Foundation Inc's IRS 990 filings:
- Consistent decline in assets over the long term, from $48.2M in 2011 to $36.8M in 2023, indicating spending beyond revenue.
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in the provided summary, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for William T Morris Foundation Inc:
- Zero officer compensation reported across all available filings, indicating efficient use of funds for its mission.
- Substantial asset base ($36.8 million in 2023) provides significant capacity for grant-making.
- Consistent grant-making activity, with expenses regularly exceeding $2 million annually, demonstrating active philanthropic engagement.
Frequently Asked Questions about William T Morris Foundation Inc
Is William T Morris Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William T Morris Foundation Inc (EIN: 131600908) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does William T Morris Foundation Inc spend its money?
William T Morris Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William T Morris Foundation Inc tax-deductible?
William T Morris Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131600908). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission of the William T Morris Foundation Inc.?
The provided data does not specify the mission. Further review of the full IRS 990 filings would be necessary to understand its programmatic focus and grant-making areas.
Why has the organization's assets decreased from $48.2 million in 2011 to $36.8 million in 2023?
This decline in assets is likely due to the foundation consistently spending more than its revenue, drawing down its endowment to fund its activities. This is common for foundations that distribute grants from their principal.
What are the specific program areas or types of grants the foundation provides?
The NTEE code is unknown, and the summary data does not detail specific program areas. A full review of the IRS 990, particularly Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the United States), would provide this information.
Filing History
IRS 990 filing history for William T Morris Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William T Morris Foundation Inc's revenue has declined by 66.5%, moving from $3.0M to $1.0M. Total assets decreased by 23.6% over the same period, from $48.3M to $36.9M. Total functional expenses fell by 22.5%, from $3.1M to $2.4M. In its most recent filing year (2023), William T Morris Foundation Inc reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $6K in liabilities against $36.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $36.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $2.4M | $36.9M | $6K | — | — |
| 2022 | $2.3M | $2.6M | $38.3M | $6K | — | View 990 |
| 2021 | $3.2M | $2.4M | $38.7M | $30K | — | View 990 |
| 2020 | $117K | $2.7M | $37.8M | $3K | — | View 990 |
| 2019 | $2.0M | $3.2M | $40.4M | $2K | — | View 990 |
| 2015 | $3.3M | $3.4M | $47.3M | $1K | — | View 990 |
| 2014 | $4.2M | $3.3M | $47.5M | $10K | — | View 990 |
| 2013 | $3.6M | $3.2M | $46.6M | $4K | — | View 990 |
| 2012 | $1.0M | $3.1M | $46.2M | $-32,842 | — | View 990 |
| 2011 | $3.0M | $3.1M | $48.3M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $2.4M, and assets of $36.9M (revenue -56.0% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.6M, and assets of $38.3M (revenue -30.1% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.4M, and assets of $38.7M (revenue +2671.4% year-over-year).
- 2020: Revenue of $117K, expenses of $2.7M, and assets of $37.8M (revenue -94.2% year-over-year).
- 2019: Revenue of $2.0M, expenses of $3.2M, and assets of $40.4M (revenue -37.8% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.4M, and assets of $47.3M (revenue -22.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.3M, and assets of $47.5M (revenue +17.2% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.2M, and assets of $46.6M (revenue +243.9% year-over-year).
- 2012: Revenue of $1.0M, expenses of $3.1M, and assets of $46.2M (revenue -64.9% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.1M, and assets of $48.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William T Morris Foundation Inc:
Data Sources and Methodology
This transparency report for William T 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.