The Fred J Morganthall II Foundation
Only null% goes to programs Strong reserves Declining revenue
The Fred J Morganthall II Foundation is a 501(c)(3) organization based in Matthews, North Carolina, registered in 1989, with $253,398 in FY2024 revenue. CharityIndex grades it F.
701 Crestdale Rd, Matthews, NC, 28105 EIN 58-1840748 Since 1989
Revenue (FY2024)
$253K
▼ 23.4% vs prior year
Membership median: $185K
Expenses (FY2024)
$395K
Net assets
$2.0M
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 The Fred J Morganthall II Foundation— 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 rating62 mo reserves · -56% 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 The Fred J Morganthall II Foundation: 62 mo reserves · -56% 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 The Fred J Morganthall II 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 The Fred J Morganthall II Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 701 Crestdale Rd, Matthews, NC, 28105
- City
- Matthews
- State
- North Carolina
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
Financial trends
Revenue declined from $383K (FY2020) to $253K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
-56.1%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $253,398▼23.4% | $395,474▲29.4% | $2,047,127▼6.5% | $2,047,127▼6.5% | 990 |
| 2023 | $330,824▼13.9% | $305,672▲39.4% | $2,189,203▲1.2% | $2,189,203▲1.2% | 990 |
| 2022 | $384,315▲25.4% | $219,230▲31.0% | $2,164,051▲8.3% | $2,164,051▲8.3% | 990 |
| 2021 | $306,474▼20.1% | $167,337▼40.5% | $1,998,966▲7.5% | $1,998,966▲7.5% | 990 |
| 2020 | $383,406 | $281,456 | $1,859,829 | $1,859,829 | 990 |
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.
Grants received · $25K total
2 grants to The Fred J Morganthall II Foundation totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $15,000 |
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Frequently asked questions
- Is The Fred J Morganthall II Foundation a legitimate nonprofit?
- Yes. The Fred J Morganthall II Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1840748, based in Matthews, North Carolina. Donations are tax-deductible.
- What is The Fred J Morganthall II Foundation's EIN?
- The Fred J Morganthall II Foundation's Employer Identification Number (EIN) is 58-1840748.
- How much revenue does The Fred J Morganthall II Foundation report?
- The Fred J Morganthall II Foundation reported $253,398 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Fred J Morganthall II Foundation have?
- CharityIndex grades The Fred J Morganthall II Foundation F, based on financial health (reserves and operating margin).
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Data for The Fred J Morganthall II Foundation (EIN 58-1840748) 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.