Thomas D Morgan Irrevocable Intervivos Trust No 1
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Thomas D Morgan Irrevocable Intervivos Trust No 1 is a 501(c)(3) organization based in Norton, Kansas, registered in 1988, with $39,466 in FY2024 revenue. CharityIndex grades it C.
120 S State St, Norton, KS, 67654 EIN 48-1038549 Since 1988
Revenue (FY2024)
$39K
▲ 55.1% vs prior year
Expenses (FY2024)
$48K
Net assets
$463K
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 Thomas D Morgan Irrevocable Intervivos Trust No 1— 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 rating116 mo reserves · -21% 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 Thomas D Morgan Irrevocable Intervivos Trust No 1: 116 mo reserves · -21% 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 Thomas D Morgan Irrevocable Intervivos Trust No 1— 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 Thomas D Morgan Irrevocable Intervivos Trust No 1: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $62K (FY2013) to $39K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $463K
Operating margin
-21.2%
Spent more than it raised in the latest fiscal year.
Total assets
$463K
Total liabilities
$0
Net assets
$463K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,466▲55.1% | $47,824▼3.1% | $462,572▼1.8% | $462,572▼1.8% | 990PF |
| 2023 | $25,440▼25.3% | $49,378▲26.6% | $470,930▼4.8% | $470,930▼4.8% | 990PF |
| 2022 | $34,045▼30.3% | $39,008▼10.0% | $494,868▼1.0% | $494,868▼1.0% | 990PF |
| 2021 | $48,817▲15.0% | $43,328▲20.7% | $499,831▲1.1% | $499,831▲1.1% | 990PF |
| 2020 | $42,458▼11.8% | $35,908▲20.8% | $494,342▲1.3% | $494,342▲1.3% | 990PF |
| 2019 | $48,114▲1.1% | $29,717▼8.5% | $487,792▲3.9% | $487,792▲3.9% | 990PF |
| 2018 | $47,571▼10.1% | $32,483▲26.8% | $469,395▲3.3% | $469,395▲3.3% | 990PF |
| 2017 | $52,918▼1.9% | $25,619▼24.6% | $454,307▲6.4% | $454,307▲6.4% | 990PF |
| 2016 | $53,968▲9.8% | $33,960▲19.2% | $427,008▲4.9% | $427,008▲4.9% | 990PF |
| 2015 | $49,130▼7.7% | $28,493▼47.9% | $407,000▲5.3% | $407,000▲5.3% | 990PF |
| 2014 | $53,232▼14.0% | $54,704▲5.0% | $386,363▼0.4% | $386,363▼0.4% | 990PF |
| 2013 | $61,903 | $52,095▼12.2% | $387,835▲2.6% | $387,835▲2.6% | 990PF |
| 2012 | — | $59,332▼14.7% | $378,027▲1.1% | $378,027▲1.1% | 990PF |
| 2011 | — | $69,586▲43.7% | $373,937▼7.2% | $373,937▼7.2% | 990PF |
| 2010 | — | $48,438 | $403,070 | $403,070 | 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.
Frequently asked questions
- Is Thomas D Morgan Irrevocable Intervivos Trust No 1 a legitimate nonprofit?
- Yes. Thomas D Morgan Irrevocable Intervivos Trust No 1 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 48-1038549, based in Norton, Kansas. Donations are tax-deductible.
- What is Thomas D Morgan Irrevocable Intervivos Trust No 1's EIN?
- Thomas D Morgan Irrevocable Intervivos Trust No 1's Employer Identification Number (EIN) is 48-1038549.
- How much revenue does Thomas D Morgan Irrevocable Intervivos Trust No 1 report?
- Thomas D Morgan Irrevocable Intervivos Trust No 1 reported $39,466 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas D Morgan Irrevocable Intervivos Trust No 1 have?
- CharityIndex grades Thomas D Morgan Irrevocable Intervivos Trust No 1 C, based on financial health (reserves and operating margin).
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Data for Thomas D Morgan Irrevocable Intervivos Trust No 1 (EIN 48-1038549) 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.