The Morris L Lichtenstein Jr Medical Research Foundation is a 501(c)(3) organization based in Corp Christi, Texas, registered in 2024, with $633,731 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$634K
▼ 17.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$859K
Net assets
$12.0M
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 Morris L Lichtenstein Jr Medical Research 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 The Morris L Lichtenstein Jr Medical Research Foundation: 167 mo reserves · -36% margin earns a D 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 Morris L Lichtenstein Jr Medical Research 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 The Morris L Lichtenstein Jr Medical Research Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $730K (FY2013) to $634K (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-35.6%
Spent more than it raised in the latest fiscal year.
Total assets
$12.0M
Total liabilities
$2,304
Net assets
$12.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $633,731▼17.6% | $859,396▼12.5% | $11,958,246▼1.9% | $11,960,550▼1.8% | 990PF |
| 2022 | $768,673▲16.1% | $981,845▼7.7% | $12,183,911▼1.7% | $12,185,379▼1.7% | 990 |
| 2021 | $662,063▲12.9% | $1,063,515▲1.5% | $12,397,083▼3.2% | $12,398,969▼3.2% | 990 |
| 2020 | $586,538▼29.8% | $1,047,469▲2.3% | $12,808,761▼3.5% | $12,811,635▼3.5% | 990 |
| 2019 | $835,060▼26.4% | $1,024,107▼30.3% | $13,269,692▼1.4% | $13,272,376▼1.4% | 990 |
| 2018 | $1,134,429▼67.1% | $1,469,994▲2.6% | $13,458,739▼2.4% | $13,461,301▼2.4% | 990 |
| 2017 | $3,445,868▲328% | $1,432,159▲60.9% | $13,794,304▲14.4% | $13,794,323▲14.4% | 990 |
| 2014 | $805,093▲10.3% | $889,917▲2.3% | $12,059,444▼0.8% | $12,062,155▼0.8% | 990 |
| 2013 | $730,004 | $869,530▼1.5% | $12,151,522▼1.9% | $12,153,386▼1.9% | 990 |
| 2012 | — | $883,039 | $12,390,604 | $12,392,445 | 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.
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Data for The Morris L Lichtenstein Jr Medical Research Foundation (EIN 74-2757309) 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.