Lon Morris College
Nonprofit profile at a glance
- EIN
- 750800657
- IRS 990 coverage
- 2009–2012
- Forms available
- Form 990 2012
- Location
- Dallas, TX, USA
- Phone
- 2142697850
- Rating confidence
- Limited
- Sector
- Community or Junior Colleges
Reported finances
- Revenue
- $-14,352,811
- Expenses
- $9,102,460
- Assets
- $2,090,471
- Liabilities
- $11,816,609
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
1 person listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
College Educational Activities.
What it reported doing in 2012
College Educational Activities
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 16
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -163.4%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.23; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 5.65; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -105.9% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -38% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 1 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 4 filing years from 2009 to 2012
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.