Jess & Palma Morgan Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Jess & Palma Morgan Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 1990, with $603,403 in FY2024 revenue. CharityIndex grades it C+.
2049 Century Park E Ste 1400, Los Angeles, CA, 90067 EIN 95-4279684 Since 1990
Revenue (FY2024)
$603K
▲ 833.2% vs prior year
Expenses (FY2024)
$496K
Net assets
$5.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Jess & Palma Morgan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating135 mo reserves · +18% margin
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 Jess & Palma Morgan Foundation: 135 mo reserves · +18% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Jess & Palma Morgan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Jess & Palma Morgan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2049 Century Park E Ste 1400, Los Angeles, CA, 90067
- City
- Los Angeles
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $131K (FY2013) to $603K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.6M
Operating margin
17.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.6M
Total liabilities
$0
Net assets
$5.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $603,403▲833% | $496,162▲1.5% | $5,564,658▲2.8% | $5,564,658▲2.8% | 990PF |
| 2023 | -$82,295▼113% | $488,950▼20.1% | $5,411,493▼9.4% | $5,411,493▼9.4% | 990PF |
| 2022 | $651,517▲26.8% | $612,114▲37.3% | $5,972,157▲0.6% | $5,972,157▲0.6% | 990PF |
| 2021 | $513,956▲26.2% | $445,933▲121% | $5,935,651▲0.8% | $5,935,651▲0.8% | 990PF |
| 2020 | $407,406▼92.3% | $201,951▲256% | $5,889,253▲3.4% | $5,889,253▲3.4% | 990PF |
| 2019 | $5,310,801▲6808% | $56,650▲22470% | $5,692,898▲1219% | $5,692,898▲1219% | 990PF |
| 2018 | $76,876▲17.7% | $251▲93.1% | $431,768▲21.4% | $431,768▲21.4% | 990PF |
| 2017 | $65,296▲2467% | $130▼89.2% | $355,775▲22.0% | $355,775▲22.0% | 990PF |
| 2016 | $2,544▼98.1% | $1,203▼63.0% | $291,557▲0.4% | $291,557▲0.4% | 990PF |
| 2015 | $130,485▲23.4% | $3,251▼95.4% | $290,389▲77.8% | $290,389▲77.8% | 990PF |
| 2014 | $105,734▼19.2% | $70,246▼34.1% | $163,302▲27.4% | $163,302▲27.4% | 990PF |
| 2013 | $130,873 | $106,622▼26.1% | $128,156▲23.3% | $128,156▲23.3% | 990PF |
| 2012 | — | $144,267▲608% | $103,905▼15.7% | $103,905▼15.7% | 990PF |
| 2011 | — | $20,387▼61.0% | $123,207▲223% | $123,207▲223% | 990PF |
| 2010 | — | $52,255 | $38,182 | $38,182 | 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.
Frequently asked questions
- Is Jess & Palma Morgan Foundation a legitimate nonprofit?
- Yes. Jess & Palma Morgan Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4279684, based in Los Angeles, California. Donations are tax-deductible.
- What is Jess & Palma Morgan Foundation's EIN?
- Jess & Palma Morgan Foundation's Employer Identification Number (EIN) is 95-4279684.
- How much revenue does Jess & Palma Morgan Foundation report?
- Jess & Palma Morgan Foundation reported $603,403 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jess & Palma Morgan Foundation have?
- CharityIndex grades Jess & Palma Morgan Foundation C+, based on financial health (reserves and operating margin).
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Data for Jess & Palma Morgan Foundation (EIN 95-4279684) 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.