A B Morrill Fund is a 501(c)(3) organization based in Berea, Kentucky, with $2,462 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2,462
▲ 11.3% vs prior year
Expenses (FY2024)
$1,097
Net assets
$40K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A B Morrill Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A B Morrill Fund: 439 mo reserves · +55% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A B Morrill Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A B Morrill Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $645 (FY2020) to $2,462 (FY2024) across 5 reported years.
Financial snapshot
Operating margin
55.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40K
Total liabilities
$0
Net assets
$40K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,462▲11.3% | $1,097▲47.1% | $40,169▲3.5% | $40,169▲3.5% | 990PF |
| 2023 | $2,212▲144% | $746▼8.1% | $38,804▲3.9% | $38,804▲3.9% | 990PF |
| 2022 | $905▲88.9% | $812▼18.1% | $37,338▲0.2% | $37,338▲0.2% | 990PF |
| 2021 | $479▼25.7% | $992▲2.9% | $37,245▼1.4% | $37,245▼1.4% | 990PF |
| 2020 | $645 | $964 | $37,758 | $37,758 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for A B Morrill Fund (EIN 61-6131070) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.