The Kenneth D Morgan Charitable Foundation Trust is a 501(c)(3) organization based in Sarasota, Florida, registered in 2014, with $117,126 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$117K
▲ 78.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$43K
Net assets
$359K
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 The Kenneth D Morgan Charitable Foundation Trust— 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 The Kenneth D Morgan Charitable Foundation Trust: 100 mo reserves · +63% 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 The Kenneth D Morgan Charitable Foundation Trust— 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 The Kenneth D Morgan Charitable Foundation Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from -$392 (FY2014) to $117K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
63.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$359K
Total liabilities
$0
Net assets
$359K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $117,126▲78.3% | $42,958▼43.2% | $358,558▲26.1% | $358,558▲26.1% | 990PF |
| 2023 | $65,690▲89.4% | $75,681▼6.9% | $284,390▼3.4% | $284,390▼3.4% | 990PF |
| 2022 | $34,677▲596% | $81,262▲17.6% | $294,381▼13.7% | $294,381▼13.7% | 990PF |
| 2021 | $4,985▼95.6% | $69,110▲42.2% | $340,966▼15.8% | $340,966▼15.8% | 990PF |
| 2020 | $112,245▲122% | $48,613▲44.9% | $405,091▲18.6% | $405,091▲18.6% | 990PF |
| 2019 | $50,494▼33.0% | $33,558▲60.3% | $341,459▲5.2% | $341,459▲5.2% | 990PF |
| 2018 | $75,354▼65.7% | $20,936▲8.6% | $324,523▼14.4% | $324,523▼15.5% | 990PF |
| 2017 | $219,811▲6487% | $19,275▲88.0% | $379,044▲112% | $383,989▲115% | 990PF |
| 2016 | $3,337▼39.1% | $10,250▼8.8% | $178,508▼3.7% | $178,508▼3.7% | 990PF |
| 2015 | $5,480▲1498% | $11,240▲116% | $185,421▼3.0% | $185,421▼3.0% | 990PF |
| 2014 | -$392 | $5,207 | $191,181 | $191,181 | 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 The Kenneth D Morgan Charitable Foundation Trust (EIN 30-6404110) 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.