Robert & Evelyn Hewlett Morgan Family Foundation Inc is a 501(c)(3) organization based in Princeton, Kentucky, registered in 1996, with $241,448 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$241K
▲ 65.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$216K
Net assets
$3.6M
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 Robert & Evelyn Hewlett Morgan Family Foundation Inc— 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 Robert & Evelyn Hewlett Morgan Family Foundation Inc: 199 mo reserves · +10% 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 Robert & Evelyn Hewlett Morgan Family Foundation Inc— 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 Robert & Evelyn Hewlett Morgan Family Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $137K (FY2017) to $241K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$488
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $241,448▲65.4% | $216,349▼5.5% | $3,580,029▲0.7% | $3,580,517▲0.7% | 990PF |
| 2023 | $145,935▼2.2% | $228,959▼11.9% | $3,554,930▼2.3% | $3,555,418▼2.3% | 990PF |
| 2022 | $149,151▼69.6% | $259,842▲32.6% | $3,637,954▼3.0% | $3,638,442▼3.0% | 990PF |
| 2021 | $490,085▲190% | $195,963▼6.9% | $3,748,645▲8.5% | $3,749,133▲8.5% | 990PF |
| 2020 | $168,808▼42.8% | $210,438▼6.2% | $3,454,523▼1.2% | $3,455,011▼1.2% | 990PF |
| 2019 | $294,994▼10.5% | $224,360▼4.7% | $3,496,153▲2.1% | $3,496,641▲2.1% | 990PF |
| 2018 | $329,681▲141% | $235,427▲11.6% | $3,425,519▲2.8% | $3,426,007▲2.8% | 990PF |
| 2017 | $136,768 | $210,948 | $3,331,265 | $3,331,753 | 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 Robert & Evelyn Hewlett Morgan Family Foundation Inc (EIN 61-1310243) 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.