Bernard A Morewitz Charitable Foundation is a 501(c)(3) organization based in Newport News, Virginia, registered in 2003, with $128,507 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$129K
▲ 20.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$98K
Net assets
$3.3M
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 Bernard A Morewitz Charitable Foundation— 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 Bernard A Morewitz Charitable Foundation: 403 mo reserves · +24% 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 Bernard A Morewitz Charitable Foundation— 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 Bernard A Morewitz Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $43K (FY2013) to $129K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
24.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $128,507▲20.1% | $97,609▼53.1% | $3,280,543▲3.0% | $3,280,543▲3.0% | 990PF |
| 2023 | $106,992▲10.0% | $208,053▲77.0% | $3,184,215▼3.1% | $3,184,215▼3.1% | 990PF |
| 2022 | $97,289▼50.9% | $117,525▼23.7% | $3,286,522▲0.7% | $3,286,522▲0.7% | 990PF |
| 2021 | $198,031▼18.3% | $154,050▲261% | $3,264,669▲11.8% | $3,264,669▲11.8% | 990PF |
| 2020 | $242,498▲175% | $42,716▼67.4% | $2,920,757▼13.9% | $2,920,757▼13.9% | 990PF |
| 2019 | $88,236▼56.8% | $131,012▼31.1% | $3,391,026▲6.6% | $3,391,026▲6.6% | 990PF |
| 2018 | $204,027▲261% | $190,278▲431% | $3,181,365▲22.7% | $3,181,365▲18.1% | 990PF |
| 2017 | $56,508▼19.2% | $35,820▼56.4% | $2,592,390▲2.4% | $2,692,690▲2.3% | 990PF |
| 2016 | $69,961▼84.4% | $82,146▼82.4% | $2,531,973▲0.5% | $2,632,273▲4.5% | 990PF |
| 2015 | $449,760▲895% | $467,440▲431% | $2,520,017▲1.8% | $2,518,525▲1.7% | 990PF |
| 2014 | $45,200▲4.0% | $88,037▲22.3% | $2,476,480▼1.4% | $2,476,480▼1.4% | 990PF |
| 2013 | $43,455 | $71,978▼41.5% | $2,512,600▲0.4% | $2,512,600▲0.4% | 990PF |
| 2011 | — | $123,002 | $2,502,701 | $2,502,701 | 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 Bernard A Morewitz Charitable Foundation (EIN 27-0036715) 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.