Nonprofit screen
Screen a listMorgan Nick Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$402krevenue
FY2024 · −21% in 3 yrs8staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−14.4%
Months of reserve5.4mo
Revenue growth (annualized)+28.3%
Middle half of peersMedianMorgan Nick
Where the money goes FY2024 · $460k spent
Programs$369k80%Management and general$91k20%990 FY2024 · Part IX line 25
Worth checking1
Its largest funder stopped after FY2021
Southern Bancorp Capital Partners gave about $74k a year for two years, 21% of revenue in FY2021.
Funders’ 990-PF grant listsIn its favor2
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 28% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort3funders
$38ka year, last 3 years
95%from its largest funder
Funder’20’21’22’23Southern Bancorp Capital PartnersStopped after FY2021$40k$109k–Arvest FoundationOn and off$5kDonor-advised giftsDonors not disclosed$157$159$139$106
FundedThrough a donor-advised fundStopped