O Leonard Moretz Foundation 1019760125 007
501(c)(92)
Only null% goes to programs Strong reserves Growing revenue
O Leonard Moretz Foundation 1019760125 007 is a 501(c)(92) organization based in Hickory, North Carolina, with $129,208 in FY2024 revenue. CharityIndex grades it F.
929 14th Ave Nw, Hickory, NC, 28601 EIN 58-0012117
Revenue (FY2024)
$129K
▼ 38.5% vs prior year
Expenses (FY2024)
$630K
Net assets
$755K
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 O Leonard Moretz Foundation 1019760125 007— 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 rating14 mo reserves · -387% 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 O Leonard Moretz Foundation 1019760125 007: 14 mo reserves · -387% 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 O Leonard Moretz Foundation 1019760125 007— 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 O Leonard Moretz Foundation 1019760125 007: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 929 14th Ave Nw, Hickory, NC, 28601
- City
- Hickory
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $186K (FY2019) to $129K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $755K
Operating margin
-387.3%
Spent more than it raised in the latest fiscal year.
Total assets
$755K
Total liabilities
$0
Net assets
$755K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $129,208▼38.5% | $629,606▲16.3% | $755,291▼39.8% | $755,291▼39.8% | 990PF |
| 2023 | $210,186▼30.5% | $541,235▲10.2% | $1,254,689▼20.9% | $1,254,689▼20.9% | 990PF |
| 2022 | $302,567▲209% | $491,174▼5.2% | $1,585,738▼10.6% | $1,585,738▼10.6% | 990PF |
| 2021 | $97,807▼48.8% | $518,136▼5.5% | $1,774,345▼19.2% | $1,774,345▼19.2% | 990PF |
| 2020 | $191,149▲2.7% | $548,492▲335% | $2,194,674▼14.0% | $2,194,674▼14.0% | 990PF |
| 2019 | $186,158 | $126,095 | $2,552,017 | $2,552,017 | 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 O Leonard Moretz Foundation 1019760125 007 a legitimate nonprofit?
- Yes. O Leonard Moretz Foundation 1019760125 007 is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 58-0012117, based in Hickory, North Carolina.
- What is O Leonard Moretz Foundation 1019760125 007's EIN?
- O Leonard Moretz Foundation 1019760125 007's Employer Identification Number (EIN) is 58-0012117.
- How much revenue does O Leonard Moretz Foundation 1019760125 007 report?
- O Leonard Moretz Foundation 1019760125 007 reported $129,208 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does O Leonard Moretz Foundation 1019760125 007 have?
- CharityIndex grades O Leonard Moretz Foundation 1019760125 007 F, based on financial health (reserves and operating margin).
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Data for O Leonard Moretz Foundation 1019760125 007 (EIN 58-0012117) 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.