The Morgante Wilson Foundation
Nonprofit profile at a glance
- EIN
- 853006888
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Evanston, IL, USA
- Phone
- 8473321001
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $99,011
- Expenses
- $87,964
- Assets
- $22,339
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- FRED WILSON (President)
- ELISSA MORGANTE (Vice President)
People named in this filing
- FRED WILSON (President)
- ELISSA MORGANTE (Vice President)
- FRED WILSON (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Morgante Wilson Foundation (MWF), a 501(c)(3) non profit foundation.are mission is below: To help affordable housing organizations bring affordable housing to the northern suburbs of Chicago.
What it reported doing in 2024
Morgante Wilson Foundation (MWF), a 501(c)(3) non profit foundation was established to help affordable housing organizations bring affordable housing to the northern suburbs of Chicago.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 8
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8%; rating input score 8
- Program expense ratio: 9.1%; rating input score 9
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.2%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 67.8% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 15.8% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 65.7% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 8% of revenue deployed · 9.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 8/100.
- High — Financial Efficiency: Program expense ratio scored 9/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.