Maurice J Koury Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Maurice J Koury Foundation Inc is a 501(c)(3) organization based in Burlington, North Carolina, registered in 1992, with $300,444 in FY2024 revenue. CharityIndex grades it F.
Po Box 850, Burlington, NC, 27216 EIN 56-1781568 Since 1992
Revenue (FY2024)
$300K
▼ 9.9% vs prior year
Expenses (FY2024)
$881K
Net assets
$7.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Maurice J Koury 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 →
FFinancial health25% of the rating101 mo reserves · -193% 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 Maurice J Koury Foundation Inc: 101 mo reserves · -193% margin earns a F 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 Maurice J Koury 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 →
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 Maurice J Koury Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 850, Burlington, NC, 27216
- City
- Burlington
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $284K (FY2013) to $300K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.4M
Operating margin
-193.4%
Spent more than it raised in the latest fiscal year.
Total assets
$7.4M
Total liabilities
$0
Net assets
$7.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $300,444▼9.9% | $881,455▲8.7% | $7,415,824▼7.3% | $7,415,824▼7.3% | 990PF |
| 2023 | $333,608▼28.9% | $811,269▲13.4% | $7,996,835▼5.6% | $7,996,835▼5.6% | 990PF |
| 2022 | $469,417▼4.0% | $715,593▼30.1% | $8,474,496▼2.8% | $8,474,496▼2.8% | 990PF |
| 2021 | $488,811▼89.4% | $1,023,239▲13.8% | $8,720,672▼5.8% | $8,720,672▼5.8% | 990PF |
| 2020 | $4,604,597▲1165% | $898,961▼45.3% | $9,255,100▲66.8% | $9,255,100▲66.8% | 990PF |
| 2019 | $363,957▲1.4% | $1,643,346▼4.4% | $5,549,464▼18.7% | $5,549,464▼18.7% | 990PF |
| 2018 | $358,993▼30.8% | $1,718,100▼8.1% | $6,828,853▼16.6% | $6,828,853▼16.6% | 990PF |
| 2017 | $519,032▼93.7% | $1,870,133▲9.4% | $8,187,960▼14.2% | $8,187,960▼14.2% | 990PF |
| 2016 | $8,203,299▲1358% | $1,710,066▲5968% | $9,539,061▲213% | $9,539,061▲213% | 990PF |
| 2015 | $562,675▲56.3% | $28,181▼77.6% | $3,045,828▲21.3% | $3,045,828▲21.3% | 990PF |
| 2014 | $360,083▲26.8% | $125,533▲342% | $2,511,334▲10.3% | $2,511,334▲10.3% | 990PF |
| 2013 | $283,906 | $28,406▼82.4% | $2,276,784▲12.6% | $2,276,784▲12.6% | 990PF |
| 2012 | — | $161,574▲49.3% | $2,021,284▲5.6% | $2,021,284▲5.6% | 990PF |
| 2011 | — | $108,204▲130% | $1,914,327▼15.7% | $1,914,327▼15.7% | 990PF |
| 2009 | — | $47,082 | $2,270,316 | $2,270,316 | 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 Maurice J Koury Foundation Inc a legitimate nonprofit?
- Yes. Maurice J Koury Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1781568, based in Burlington, North Carolina. Donations are tax-deductible.
- What is Maurice J Koury Foundation Inc's EIN?
- Maurice J Koury Foundation Inc's Employer Identification Number (EIN) is 56-1781568.
- How much revenue does Maurice J Koury Foundation Inc report?
- Maurice J Koury Foundation Inc reported $300,444 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Maurice J Koury Foundation Inc have?
- CharityIndex grades Maurice J Koury Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Maurice J Koury Foundation Inc (EIN 56-1781568) 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.