Morris & Ruth B Cowan Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1999, with $286 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$286
▼ 75.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$244
Net assets
-$31K
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 Morris & Ruth B Cowan 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 Morris & Ruth B Cowan Foundation Inc: 0 mo reserves · +15% margin earns a F 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 Morris & Ruth B Cowan 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 Morris & Ruth B Cowan Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $15K (FY2013) to $286 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
14.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$844
Total liabilities
$32K
Net assets
-$31K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $286▼75.8% | $244▼92.5% | -$31,467▲0.1% | $844▼13.0% | 990PF |
| 2023 | $1,183▼79.1% | $3,249▼44.5% | -$31,509▼7.0% | $970▼68.1% | 990PF |
| 2022 | $5,658▼43.4% | $5,859▼33.5% | -$29,443▼0.7% | $3,036▼6.2% | 990PF |
| 2021 | $10,000▲2.8% | $8,814▼39.2% | -$29,242▲3.9% | $3,237▲57.8% | 990PF |
| 2020 | $9,730▼38.4% | $14,493▲34.9% | -$30,428▼18.6% | $2,051▼69.9% | 990PF |
| 2019 | $15,802▲57.1% | $10,740▼33.1% | -$25,665▲16.5% | $6,814▲289% | 990PF |
| 2018 | $10,058▼48.3% | $16,059▼59.8% | -$30,727▼24.3% | $1,752▼77.4% | 990PF |
| 2017 | $19,450▼84.3% | $39,949▼61.9% | -$24,726▼485% | $7,753▼72.7% | 990PF |
| 2016 | $123,592▲318% | $104,838▲332% | -$4,227▲81.6% | $28,402▲194% | 990PF |
| 2015 | $29,583▼72.5% | $24,264▼73.0% | -$22,981▲18.8% | $9,648▲7.4% | 990PF |
| 2014 | $107,434▲616% | $89,959▲145% | -$28,300▲38.2% | $8,981▼21.5% | 990PF |
| 2013 | $15,001 | $36,790▲21.7% | -$45,775▼90.8% | $11,434▼73.1% | 990PF |
| 2012 | — | $30,241▼41.2% | -$23,986▲74.5% | $42,530▲186% | 990PF |
| 2011 | — | $51,426▲18.1% | -$94,220▲9.3% | $14,854▲623% | 990PF |
| 2010 | — | $43,558 | -$103,893 | $2,055 | 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.
Explore more
Data for Morris & Ruth B Cowan Foundation Inc (EIN 13-4067362) 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.