Richard S Morrison Foundation is a 501(c)(3) organization based in Ashtabula, Ohio, registered in 1988, with $30,687 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$31K
▲ 303.2% vs prior year
Expenses (FY2024)
$75K
Net assets
$208K
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 Richard S Morrison Foundation— 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 Richard S Morrison Foundation: 33 mo reserves · -144% 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 Richard S Morrison Foundation— 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 Richard S Morrison Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $19K (FY2013) to $31K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-143.9%
Spent more than it raised in the latest fiscal year.
Total assets
$208K
Total liabilities
$0
Net assets
$208K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,687▲303% | $74,858▲236% | $207,866▼17.6% | $207,866▼17.6% | 990PF |
| 2023 | $7,610▼78.8% | $22,283▼96.4% | $252,202▼5.5% | $252,202▼5.5% | 990PF |
| 2022 | $35,839▼53.3% | $620,157▲553% | $266,874▼68.6% | $266,874▼68.6% | 990PF |
| 2021 | $76,674▲262% | $95,032▲96.7% | $850,441▼2.1% | $850,441▼2.1% | 990PF |
| 2020 | $21,193▼96.7% | $48,309▲3.3% | $869,091▼3.1% | $869,091▼3.1% | 990PF |
| 2019 | $637,686▲864% | $46,761▼22.1% | $897,298▲193% | $897,298▲193% | 990PF |
| 2018 | $66,121▼72.6% | $60,054▲79.4% | $306,382▲2.0% | $306,382▲2.0% | 990PF |
| 2017 | $241,181▲1083% | $33,473▼21.4% | $300,316▲40.5% | $300,316▲40.5% | 990PF |
| 2016 | $20,379▼50.0% | $42,598▼36.7% | $213,714▼6.7% | $213,714▼6.7% | 990PF |
| 2015 | $40,790▲89.8% | $67,244▲119% | $228,984▼10.4% | $228,984▼10.4% | 990PF |
| 2014 | $21,495▲11.8% | $30,680▼16.5% | $255,433▼4.8% | $255,433▼4.8% | 990PF |
| 2013 | $19,234 | $36,731 | $268,310 | $268,310 | 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.
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Data for Richard S Morrison Foundation (EIN 34-1535819) 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.