F K Morrow Foundation is a 501(c)(3) organization, registered in 1946, with $7,161,279 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$7.2M
▲ 71.5% vs prior year
Expenses (FY2024)
$3.3M
Net assets
$64.3M
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 F K Morrow 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 F K Morrow Foundation: 235 mo reserves · +54% 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 K Morrow 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 F K Morrow Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6.2M (FY2020) to $7.2M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
54.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$64.3M
Total liabilities
$73K
Net assets
$64.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,161,279▲71.5% | $3,274,603▲6.0% | $64,254,295▲4.3% | $64,327,278▲4.3% | 990PF |
| 2023 | $4,175,149▲36.9% | $3,090,187▼3.4% | $61,618,664▲15.7% | $61,685,478▲15.6% | 990PF |
| 2022 | $3,050,781▼45.1% | $3,199,141▼26.7% | $53,238,327▲2.6% | $53,341,043▲2.7% | 990PF |
| 2021 | $5,559,671▼10.9% | $4,361,825▲13.4% | $51,880,388▼21.9% | $51,955,966▼22.3% | 990PF |
| 2020 | $6,236,554 | $3,848,102 | $66,444,263 | $66,872,362 | 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 F K Morrow Foundation (EIN 23-7128118) 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.