Paul S Morton Scholarship Foundation
Only null% goes to programs Strong reserves Growing revenue
Paul S Morton Scholarship Foundation is a 501(c)(3) organization based in New Orleans, Louisiana, registered in 2014, with $1,707,510 in FY2025 revenue. CharityIndex grades it C+.
5600 Read Blvd, New Orleans, LA, 70127 EIN 72-2549922 Since 2014
Revenue (FY2025)
$1.7M
▲ 255.5% vs prior year
Education median: $200K
Expenses (FY2025)
$141K
Net assets
$978K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Paul S Morton Scholarship 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 rating83 mo reserves · +92% 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 Paul S Morton Scholarship Foundation: 83 mo reserves · +92% 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 Paul S Morton Scholarship Foundation— 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 Paul S Morton Scholarship Foundation: 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.
Contact & location
- Address
- 5600 Read Blvd, New Orleans, LA, 70127
- City
- New Orleans
- State
- Louisiana
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $71K (FY2016) to $1.7M (FY2025) across 10 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $376KNet assets $978K
Operating margin
91.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$376K
Net assets
$978K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,707,510▲255% | $140,575▼21.0% | $977,852▲74.4% | $1,353,738▲17.7% | 990PF |
| 2024 | $480,340▲45.8% | $177,930▼46.4% | $560,607▼13.4% | $1,149,690▲77.5% | 990PF |
| 2023 | $329,456▼48.2% | $331,921▲73.0% | $647,628▲29.7% | $647,628 | 990PF |
| 2022 | $636,116▲32.5% | $191,897▲108% | $499,333▼65.4% | $647,628▼59.4% | 990PF |
| 2021 | $480,055▲40.3% | $92,191▼23.0% | $1,444,975▲189% | $1,593,270▲146% | 990PF |
| 2020 | $342,206▼23.5% | $119,799▼22.4% | $499,333▼46.0% | $647,628▼39.6% | 990PF |
| 2019 | $447,462▼45.0% | $154,380▼52.1% | $924,078▲293% | $1,072,373▲356% | 990PF |
| 2018 | $812,848▲476% | $322,339▲209% | $235,390▲18.9% | $235,390▲18.9% | 990PF |
| 2017 | $141,241▲97.7% | $104,310▲16.3% | $197,910▲1478% | $197,910▲1478% | 990PF |
| 2016 | $71,432 | $89,694 | $12,539 | $12,539 | 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.
Similar organizations in Education
Compare Paul S Morton Scholarship Foundation
Frequently asked questions
- Is Paul S Morton Scholarship Foundation a legitimate nonprofit?
- Yes. Paul S Morton Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-2549922, based in New Orleans, Louisiana. Donations are tax-deductible.
- What is Paul S Morton Scholarship Foundation's EIN?
- Paul S Morton Scholarship Foundation's Employer Identification Number (EIN) is 72-2549922.
- How much revenue does Paul S Morton Scholarship Foundation report?
- Paul S Morton Scholarship Foundation reported $1,707,510 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Paul S Morton Scholarship Foundation have?
- CharityIndex grades Paul S Morton Scholarship Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in New Orleans
Explore more
Data for Paul S Morton Scholarship Foundation (EIN 72-2549922) 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.