Morrison Foundation Trust 1700 E Iron is a 501(c)(3) organization based in Salina, Kansas, registered in 1985, with $1,497,054 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.5M
▲ 1093.3% vs prior year
Expenses (FY2024)
$364K
Net assets
$4.1M
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 Morrison Foundation Trust 1700 E Iron— 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 Morrison Foundation Trust 1700 E Iron: 135 mo reserves · +76% 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 Morrison Foundation Trust 1700 E Iron— 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 Morrison Foundation Trust 1700 E Iron: 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 grew from $76K (FY2020) to $1.5M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
75.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$0
Net assets
$4.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,497,054▲1093% | $363,757▼2.4% | $4,105,043▲28.0% | $4,105,043▲28.0% | 990PF |
| 2023 | $125,459▲115% | $372,554▲28.8% | $3,205,923▼5.0% | $3,205,923▼5.0% | 990PF |
| 2022 | $58,381▼89.3% | $289,149▼7.7% | $3,374,738▼6.4% | $3,374,738▼6.4% | 990PF |
| 2021 | $546,246▲615% | $313,224▲28.0% | $3,605,506▲6.9% | $3,605,506▲6.9% | 990PF |
| 2020 | $76,368 | $244,677 | $3,372,484 | $3,372,484 | 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 Morrison Foundation Trust 1700 E Iron (EIN 48-6268660) 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.