Edwin E and Ruby C Morgan Foundation Inc is a 501(c)(3) organization based in Flowood, Mississippi, registered in 1983, with $773,611 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$774K
▲ 9.8% vs prior year
Expenses (FY2024)
$1.4M
Net assets
$18.2M
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 Edwin E and Ruby C Morgan Foundation Inc— 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 Edwin E and Ruby C Morgan Foundation Inc: 160 mo reserves · -77% margin earns a F 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 Edwin E and Ruby C Morgan Foundation Inc— 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 Edwin E and Ruby C Morgan Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $1.1M (FY2013) to $774K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-77.1%
Spent more than it raised in the latest fiscal year.
Total assets
$18.2M
Total liabilities
$0
Net assets
$18.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $773,611▲9.8% | $1,370,316▲0.9% | $18,222,780▼3.2% | $18,222,780▼3.2% | 990PF |
| 2023 | $704,417▲17.6% | $1,357,620▲1.5% | $18,819,485▼3.4% | $18,819,485▼3.4% | 990PF |
| 2022 | $598,898▼42.6% | $1,336,976▲3.7% | $19,472,688▼3.7% | $19,472,688▼3.7% | 990PF |
| 2021 | $1,043,367▼28.8% | $1,288,860▼0.3% | $20,210,766▼1.2% | $20,210,766▼1.2% | 990PF |
| 2020 | $1,464,714▼2.2% | $1,292,961▼2.3% | $20,456,259▲0.8% | $20,456,259▲0.8% | 990PF |
| 2019 | $1,497,367▲10.7% | $1,323,642▼1.4% | $20,284,506▲0.9% | $20,284,506▲0.9% | 990PF |
| 2018 | $1,352,692▲2.9% | $1,342,035▲2.6% | $20,110,781▲0.1% | $20,110,781▲0.1% | 990PF |
| 2017 | $1,314,136▼0.2% | $1,308,436▲3.4% | $20,100,124 | $20,100,124 | 990PF |
| 2016 | $1,316,981▼15.2% | $1,265,155▼0.7% | $20,094,424▲0.3% | $20,094,424▲0.3% | 990PF |
| 2015 | $1,552,348▼9.2% | $1,273,586▲12.4% | $20,042,598▲1.4% | $20,042,598▲1.4% | 990PF |
| 2014 | $1,708,709▲48.7% | $1,133,197▲2.5% | $19,763,836▲3.0% | $19,763,836▲3.0% | 990PF |
| 2013 | $1,149,024 | $1,105,483▲1.9% | $19,188,324▲0.2% | $19,188,324▲0.2% | 990PF |
| 2012 | — | $1,084,911▲1.5% | $19,144,783▲0.2% | $19,144,783▲0.2% | 990PF |
| 2011 | — | $1,068,971▲0.2% | $19,115,804 | $19,115,804 | 990PF |
| 2010 | — | $1,066,710 | $19,114,523 | $19,114,523 | 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.
Explore more
Data for Edwin E and Ruby C Morgan Foundation Inc (EIN 64-0667872) 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.