H & N Morgan Foundation Inc is a 501(c)(3) organization based in Greenville, South Carolina, registered in 1989, with $23,163 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$23K
▲ 31.6% vs prior year
Expenses (FY2024)
$17K
Net assets
$95K
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 H & N 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 H & N Morgan Foundation Inc: 68 mo reserves · +28% 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 H & N 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 H & N Morgan Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $12K (FY2017) to $23K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
27.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$95K
Total liabilities
$0
Net assets
$95K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,163▲31.6% | $16,706▼3.3% | $95,004▲7.3% | $95,004▲3.8% | 990PF |
| 2023 | $17,598▲263% | $17,275▲2.9% | $88,547▲0.4% | $91,547▲3.8% | 990PF |
| 2022 | $4,845▼84.8% | $16,780▼14.5% | $88,224▼11.9% | $88,224▼11.9% | 990PF |
| 2021 | $31,877▲413% | $19,637▲33.4% | $100,159▲13.9% | $100,159▲13.9% | 990PF |
| 2020 | $6,217▼62.2% | $14,720▼8.7% | $87,919▼8.8% | $87,919▼8.8% | 990PF |
| 2019 | $16,450▲38.4% | $16,123▲14.2% | $96,422▼8.1% | $96,422▼8.1% | 990PF |
| 2017 | $11,889 | $14,120 | $104,933 | $104,933 | 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 H & N Morgan Foundation Inc (EIN 57-0880214) 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.