The Tom Morgan & Erna J Mcreynolds Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
The Tom Morgan & Erna J Mcreynolds Charitable Foundation is a 501(c)(3) organization based in Franklin, New York, registered in 2000, with $52,418 in FY2024 revenue. CharityIndex grades it C.
1077 Otego Rd, Franklin, NY, 13775 EIN 16-6494054 Since 2000
Revenue (FY2024)
$52K
▼ 11.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$58K
Net assets
$348K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Tom Morgan & Erna J Mcreynolds Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating72 mo reserves · -10% 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 Tom Morgan & Erna J Mcreynolds Charitable Foundation: 72 mo reserves · -10% margin earns a C+ 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 Tom Morgan & Erna J Mcreynolds Charitable 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 Tom Morgan & Erna J Mcreynolds Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1077 Otego Rd, Franklin, NY, 13775
- City
- Franklin
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $34K (FY2016) to $52K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $348K
Operating margin
-10.2%
Spent more than it raised in the latest fiscal year.
Total assets
$348K
Total liabilities
$0
Net assets
$348K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $52,418▼11.9% | $57,754▼13.2% | $348,189▼1.5% | $348,189▼1.5% | 990PF |
| 2023 | $59,499▲36.9% | $66,571▲36.3% | $353,525▼2.0% | $353,525▼2.0% | 990PF |
| 2022 | $43,449▼29.9% | $48,857▼38.8% | $360,597▼1.3% | $360,597▼1.3% | 990PF |
| 2021 | $61,954▲162% | $79,831▲93.5% | $365,265▼8.4% | $365,265▼8.4% | 990PF |
| 2020 | $23,635▼27.2% | $41,252▲13.5% | $398,665▼5.4% | $398,665▼5.4% | 990PF |
| 2019 | $32,448▲8.4% | $36,330▲73.0% | $421,483▲2.6% | $421,483▲2.6% | 990PF |
| 2018 | $29,932▼65.1% | $21,002▼67.1% | $410,910▼2.1% | $410,910▼2.1% | 990PF |
| 2017 | $85,648▲155% | $63,857▲107% | $419,689▲4.5% | $419,689▲4.5% | 990PF |
| 2016 | $33,584 | $30,864▲43.4% | $401,625▲22.4% | $401,625▲22.4% | 990PF |
| 2011 | — | $21,527 | $328,241 | $328,241 | 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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Frequently asked questions
- Is The Tom Morgan & Erna J Mcreynolds Charitable Foundation a legitimate nonprofit?
- Yes. The Tom Morgan & Erna J Mcreynolds Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6494054, based in Franklin, New York. Donations are tax-deductible.
- What is The Tom Morgan & Erna J Mcreynolds Charitable Foundation's EIN?
- The Tom Morgan & Erna J Mcreynolds Charitable Foundation's Employer Identification Number (EIN) is 16-6494054.
- How much revenue does The Tom Morgan & Erna J Mcreynolds Charitable Foundation report?
- The Tom Morgan & Erna J Mcreynolds Charitable Foundation reported $52,418 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Tom Morgan & Erna J Mcreynolds Charitable Foundation have?
- CharityIndex grades The Tom Morgan & Erna J Mcreynolds Charitable Foundation C, based on financial health (reserves and operating margin).
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Data for The Tom Morgan & Erna J Mcreynolds Charitable Foundation (EIN 16-6494054) 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.