Morgan E Cline Perpetual Charitable Foundation
Only null% goes to programs Strong reserves
Morgan E Cline Perpetual Charitable Foundation is a 501(c)(3) organization based in Centerville, Iowa, registered in 2015, with $2,274,746 in FY2024 revenue. CharityIndex grades it B.
217 N 13th St, Centerville, IA, 52544 EIN 47-7016421 Since 2015
Revenue (FY2024)
$2.3M
▲ 77.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.9M
Net assets
$14.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Morgan E Cline Perpetual Charitable 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 rating94 mo reserves · +16% 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 Morgan E Cline Perpetual Charitable Foundation: 94 mo reserves · +16% 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 Morgan E Cline Perpetual Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Morgan E Cline Perpetual Charitable Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 217 N 13th St, Centerville, IA, 52544
- City
- Centerville
- State
- Iowa
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $9.4M (FY2016) to $2.3M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $133KNet assets $14.9M
Operating margin
16.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$15.0M
Total liabilities
$133K
Net assets
$14.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,274,746▲77.7% | $1,901,768▼7.1% | $14,877,171▲3.8% | $15,009,936▲3.7% | 990PF |
| 2023 | $1,280,364▼27.2% | $2,047,823▲2.5% | $14,329,876▲5.5% | $14,480,107▲5.6% | 990PF |
| 2022 | $1,757,703▼32.4% | $1,997,789▼8.1% | $13,576,729▼18.4% | $13,712,032▼18.4% | 990PF |
| 2021 | $2,599,702▲81.4% | $2,173,737▲40.4% | $16,636,055▲5.5% | $16,803,202▲3.2% | 990PF |
| 2020 | $1,433,344▼6.0% | $1,548,377▼3.7% | $15,764,070▲5.0% | $16,275,988▲7.2% | 990PF |
| 2019 | $1,525,585▼11.8% | $1,607,244▲0.9% | $15,006,619▲13.4% | $15,181,319▲13.4% | 990PF |
| 2018 | $1,728,785▲38.9% | $1,592,951▼6.1% | $13,234,536▼7.6% | $13,391,191▼7.7% | 990PF |
| 2017 | $1,244,578▼86.8% | $1,696,027▲51.3% | $14,319,299▲5.3% | $14,502,701▲4.8% | 990PF |
| 2016 | $9,407,030 | $1,120,697 | $13,601,370 | $13,844,656 | 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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Frequently asked questions
- Is Morgan E Cline Perpetual Charitable Foundation a legitimate nonprofit?
- Yes. Morgan E Cline Perpetual Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-7016421, based in Centerville, Iowa. Donations are tax-deductible.
- What is Morgan E Cline Perpetual Charitable Foundation's EIN?
- Morgan E Cline Perpetual Charitable Foundation's Employer Identification Number (EIN) is 47-7016421.
- How much revenue does Morgan E Cline Perpetual Charitable Foundation report?
- Morgan E Cline Perpetual Charitable Foundation reported $2,274,746 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Morgan E Cline Perpetual Charitable Foundation have?
- CharityIndex grades Morgan E Cline Perpetual Charitable Foundation B, based on financial health (reserves and operating margin).
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Data for Morgan E Cline Perpetual Charitable Foundation (EIN 47-7016421) 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.