Morton Community Foundation
Nonprofit profile at a glance
- EIN
- 371397503
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Morton, IL, USA
- Phone
- 3092910434
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $4,022,580
- Expenses
- $788,106
- Assets
- $19,378,493
- Liabilities
- $2,110,096
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- SCOTT WITZIG (EXECUTIVE DIRECTOR)
- STACY LITERSKY (PRESIDENT)
- DAN MEMINGER (VICE PRESIDENT)
- KIRK BODE (PAST PRESIDENT)
Highest reported compensation
- SCOTT WITZIG (EXECUTIVE DIRECTOR): $128,069 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the morton community foundation is to improve the quality of life for morton area residents, now and for generations to come. We do this by: building community endowment, investing in our community through strategic grant making, turning donors' charitable dreams into permanent legacies, and providing leadership to identify and address changing community needs.
What it reported doing in 2024
Through its competitive community grants program and donor-advised, designated, and field-of-interest funds, the morton community foundation connects charitable capital with local opportunities that strengthen education, enhance public spaces, support vulnerable populations, and improve overall quality of life in the morton area. Each year, the foundation partners with generous donors to award meaningful grants to nonprofit organizations, schools, and community initiatives addressing current and emerging needs. By leveraging endowed funds, donor recommendations, and matching opportunities, mcf ensures that charitable gifts are invested wisely and distributed strategically to create lasting, measurable impact for generations to come.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 74
- Accountability: 96
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.6%; rating input score 27
- Program expense ratio: 76.7%; rating input score 77
- Fundraising efficiency: $96.43 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 34.5%; rating input score 34; 14th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 93.8%; rating input score 94; 24th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 80.4%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 24.59; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 16.3%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 13.9% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 26.6% of revenue deployed · 76.7% of spending went to programs
- Governance: 15 of 16 board members independent · 8 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $605K in reported program spending
- Leadership: top reported pay $128K · 17 people listed
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 10 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- Moderate — Transparency & Controls: Grant itemization coverage scored 34/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.