William J & Shirley G Morgan Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
William J & Shirley G Morgan Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1980, with $55,295 in FY2023 revenue. CharityIndex grades it B.
3000 Richmond Ave, Houston, TX, 77098 EIN 74-2076642 Since 1980
Revenue (FY2023)
$55K
▲ 21.7% vs prior year
Expenses (FY2023)
$4,456
Net assets
$936K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 William J & Shirley G Morgan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating2520 mo reserves · +92% 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 William J & Shirley G Morgan Foundation: 2520 mo reserves · +92% margin earns a B+ 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 William J & Shirley G Morgan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 William J & Shirley G Morgan Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $89K (FY2019) to $55K (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $28KNet assets $936K
Operating margin
91.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$964K
Total liabilities
$28K
Net assets
$936K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $55,295▲21.7% | $4,456▼80.0% | $935,580▲5.7% | $964,078▲6.6% | 990PF |
| 2022 | $45,420▲58.6% | $22,300▼16.4% | $884,741▲2.7% | $904,497▲3.7% | 990PF |
| 2021 | $28,646▲14.7% | $26,666▼91.7% | $861,621▲0.2% | $872,297▲0.3% | 990PF |
| 2020 | $24,982▼71.9% | $319,815▲165% | $859,641▼25.5% | $870,009▼25.0% | 990PF |
| 2019 | $88,994 | $120,746▼22.1% | $1,154,474▼44.1% | $1,160,597▼43.8% | 990PF |
| 2012 | — | $154,953 | $2,064,228 | $2,064,228 | 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 William J & Shirley G Morgan Foundation a legitimate nonprofit?
- Yes. William J & Shirley G Morgan Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2076642, based in Houston, Texas. Donations are tax-deductible.
- What is William J & Shirley G Morgan Foundation's EIN?
- William J & Shirley G Morgan Foundation's Employer Identification Number (EIN) is 74-2076642.
- How much revenue does William J & Shirley G Morgan Foundation report?
- William J & Shirley G Morgan Foundation reported $55,295 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does William J & Shirley G Morgan Foundation have?
- CharityIndex grades William J & Shirley G Morgan Foundation B, based on financial health (reserves and operating margin).
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Data for William J & Shirley G Morgan Foundation (EIN 74-2076642) 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.