Louise Bowen Morris Charitable Trus T Fund is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1993, with $61,537 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$62K
▲ 620.1% vs prior year
Education median: $200K
Expenses (FY2024)
$64K
Net assets
$925K
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 Louise Bowen Morris Charitable Trus T Fund— 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 Louise Bowen Morris Charitable Trus T Fund: 173 mo reserves · -4% 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 Louise Bowen Morris Charitable Trus T Fund— 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 Louise Bowen Morris Charitable Trus T Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $74K (FY2017) to $62K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-4.4%
Spent more than it raised in the latest fiscal year.
Total assets
$925K
Total liabilities
$0
Net assets
$925K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,537▲620% | $64,255▲0.6% | $924,856▼0.3% | $924,856▼0.3% | 990PF |
| 2023 | -$11,831▼124% | $63,858▼13.1% | $927,188▼7.6% | $927,188▼7.6% | 990PF |
| 2022 | $49,201▼54.6% | $73,452▲6.8% | $1,003,239▼2.4% | $1,003,239▼2.4% | 990PF |
| 2021 | $108,377▲48.6% | $68,744▲4.3% | $1,027,625▲4.3% | $1,027,625▲4.3% | 990PF |
| 2020 | $72,955▲69.2% | $65,907▲23.7% | $985,335▲0.4% | $985,335▲0.4% | 990PF |
| 2019 | $43,126▼38.2% | $53,293▼22.3% | $981,091▼1.1% | $981,091▼1.1% | 990PF |
| 2018 | $69,747▼5.7% | $68,623▲18.9% | $992,132 | $992,132 | 990PF |
| 2017 | $73,948 | $57,691 | $991,963 | $991,963 | 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 Louise Bowen Morris Charitable Trus T Fund (EIN 56-6349544) 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.