F A Morse Association Inc is a 501(c)(7) organization based in Worcester, Massachusetts, registered in 2017, with $479,156 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$479K
▼ 42.6% vs prior year
Community median: $184K
Expenses (FY2023)
$325K
Net assets
$2.7M
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 F A Morse Association 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 F A Morse Association Inc: 100 mo reserves · +32% 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 F A Morse Association 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 F A Morse Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $68K (FY2016) to $479K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
32.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7M
Total liabilities
$3.0M
Net assets
$2.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $479,156▼42.6% | $325,439▲75.5% | $2,712,190▲6.0% | $5,736,552▲1.7% | 990 |
| 2022 | $834,399▼38.5% | $185,465▲41.1% | $2,558,473▲34.0% | $5,639,481▲93.8% | 990 |
| 2021 | $1,356,930▲58.2% | $131,469▼75.5% | $1,909,539▲388% | $2,909,539▲643% | 990 |
| 2020 | $857,525▲570% | $537,377▲542% | $391,503▲449% | $391,503▲449% | 990 |
| 2019 | $127,911▲91.3% | $83,659▲14.9% | $71,355▲163% | $71,355▲163% | 990EZ |
| 2018 | $66,854▼36.6% | $72,807▼14.7% | $27,103▼49.0% | $27,103▼49.0% | 990EZ |
| 2017 | $105,427▲55.3% | $85,337▲60.5% | $53,146▲60.8% | $53,146▲60.8% | 990EZ |
| 2016 | $67,882 | $53,157 | $33,056 | $33,056 | 990EZ |
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 F A Morse Association Inc (EIN 23-7368753) 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.