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North Carolina · Nonprofit

Morrisville Innovation Foundation

Morrisville Innovation Foundation (North Carolina) receives grants from 2 organizations whose IRS filings report $2,510 to it, the largest being CREDIT SUISSE AMERICAS FOUNDATION ($2,500). 1 of them have funded it in more than one year.

Revenue FY2023
$51k
Funders on record
2
Grants received
$3k
Net assets
$13k
1/2 repeat funderspeak grant-dependency 2%
01What it does

What Morrisville Innovation Foundation does

Mission

Economic development in Morrisville

As stated on its FY2023 Form 990-EZ.

Program

  1. Creating a public and private partnership for economic and community development in Morrisville. Identify and foster entrepreneurship and community leaders for economic prosperity

    $51,063 spentof which $51,063 as grants
    100% of program spending

The program described on its FY2023 Form 990-EZ. Program spending in total: $51,063.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($94k) Expenses 100 ($98k) Net assets 100 ($14k)2018 Revenue 95 ($89k) Expenses 90 ($88k) Net assets 106 ($15k)2019 Revenue 109 ($102k) Expenses 102 ($100k) Net assets 118 ($16k)2020 Revenue 47 ($44k) Expenses 52 ($51k) Net assets 68 ($10k)2021 Revenue 53 ($50k) Expenses 47 ($46k) Net assets 93 ($13k)2022 Expenses 0 ($64) Net assets 93 ($13k)2023 Revenue 54 ($51k) Expenses 52 ($51k) Net assets 93 ($13k)
2017201820192020202120222023
Revenue (54)Expenses (52)Net assets (93)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $15k to $37k (+149%).

$15k
$37k
$39k
$33k
$36k
$36k
$36k
2017201820192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2023
ContributionsProgram revenueInvestmentOther

0% of Morrisville Innovation Foundation’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$5k
’17
$790
’18
$2k
’19
−$7k
’20
$4k
’21
−$64
’22
$0
’23

Leadership and staff

Board chair

Veronica Bent

Chair

As listed on its FY2023 Form 990-EZ.

03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income fell $3k → $5.

Funder
'19
'20
'21
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Morrisville Innovation Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Morrisville Innovation Foundation leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Morrisville Innovation Foundation draws 100% of its grant income from funders outside North Carolina, across 1 state in all.

NY

Funder states come from each funder’s own filing. $10 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Morrisville Innovation Foundation's revenue fell 46% between 2017 and 2023.

Operating margin0% · below the median
Revenue growth (annualized)−10% · below the median

this organization peer median middle 50% of peers· 9,355 community improvement nonprofits under $100k, FY2023

Organizations like Morrisville Innovation Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Morrisville Innovation Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Morrisville Innovation Foundation?
Morrisville Innovation Foundation (North Carolina) receives grants from 2 organizations whose IRS filings report $2,510 to it, the largest being CREDIT SUISSE AMERICAS FOUNDATION ($2,500). 1 of them have funded it in more than one year.
How many funders does Morrisville Innovation Foundation have?
IRS filings report 2 organizations giving $2,510 in grants to Morrisville Innovation Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of Morrisville Innovation Foundation?
CREDIT SUISSE AMERICAS FOUNDATION is the largest funder on record, with $2,500 in grants. The full list of funders is on this page.
How can an organization like Morrisville Innovation Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Morrisville Innovation →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing