Morus Educational & Cultural Advancement Center Inc
Only null% goes to programs Strong reserves Declining revenue
Morus Educational & Cultural Advancement Center Inc is a 501(c)(3) organization based in New York, New York, registered in 2006, with $39,550 in FY2024 revenue. CharityIndex grades it D.
31 Monroe St Apt 3f, New York, NY, 10002 EIN 34-2013556 Since 2006
Revenue (FY2024)
$40K
▼ 9.9% vs prior year
Education median: $200K
Expenses (FY2024)
$51K
Net assets
$74K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Morus Educational & Cultural Advancement Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating18 mo reserves · -28% 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 Morus Educational & Cultural Advancement Center Inc: 18 mo reserves · -28% margin earns a D 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 Morus Educational & Cultural Advancement Center 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 Morus Educational & Cultural Advancement Center Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 31 Monroe St Apt 3f, New York, NY, 10002
- City
- New York
- State
- New York
- Category
- Education
- Subcategory
- Educational Services
Financial trends
Revenue grew from $32K (FY2010) to $40K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-27.8%
Spent more than it raised in the latest fiscal year.
Total assets
$74K
Net assets
$74K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,550▼9.9% | $50,529▲53.8% | $74,473▼12.8% | $74,473▼12.8% | 990EZ |
| 2023 | $43,910▲107% | $32,852▼7.4% | $85,452▲14.9% | $85,452▲14.9% | 990EZ |
| 2022 | $21,250▼65.7% | $35,487▼17.5% | $74,394▼16.1% | $74,394▼16.1% | 990EZ |
| 2021 | $62,000 | $43,001▲31.9% | $88,631▲27.3% | $88,631▲27.3% | 990EZ |
| 2020 | — | $32,607▼19.6% | $69,632▼31.9% | $69,632▼31.9% | 990EZ |
| 2019 | $69,872▲177% | $40,540▲16.9% | $102,239▲40.2% | $102,239▲40.2% | 990EZ |
| 2018 | $25,223▼68.3% | $34,668▼53.7% | $72,907▼11.5% | $72,907▼11.5% | 990EZ |
| 2017 | $79,500▲61.7% | $74,944▲36.3% | $82,352▲5.9% | $82,352▲5.9% | 990EZ |
| 2016 | $49,160▲15.1% | $54,969▲52.4% | $77,796▼6.9% | $77,796▼6.9% | 990EZ |
| 2015 | $42,709▲2.9% | $36,074▼8.9% | $83,605▲8.6% | $83,605▲8.6% | 990EZ |
| 2014 | $41,512▲28.6% | $39,613▲90.2% | $76,970▲92.5% | $76,970▲92.5% | 990EZ |
| 2010 | $32,269 | $20,823 | $39,990 | $39,990 | 990EZ |
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 Morus Educational & Cultural Advancement Center Inc a legitimate nonprofit?
- Yes. Morus Educational & Cultural Advancement Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-2013556, based in New York, New York. Donations are tax-deductible.
- What is Morus Educational & Cultural Advancement Center Inc's EIN?
- Morus Educational & Cultural Advancement Center Inc's Employer Identification Number (EIN) is 34-2013556.
- How much revenue does Morus Educational & Cultural Advancement Center Inc report?
- Morus Educational & Cultural Advancement Center Inc reported $39,550 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Morus Educational & Cultural Advancement Center Inc have?
- CharityIndex grades Morus Educational & Cultural Advancement Center Inc D, based on financial health (reserves and operating margin).
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Data for Morus Educational & Cultural Advancement Center Inc (EIN 34-2013556) 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.