The Morlon Greenwood Foundation Inc

Nonprofit profile at a glance

EIN
474335559
IRS 990-EZ coverage
2016–2023
Forms available
Form 990-EZ 2023, Form 990-N 2015
Location
Henderson, NV, USA
Phone
5132633323
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$93,779
Expenses
$96,238
Assets
$3,353
Liabilities
$39,800

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MORLON GREENWOOD (President)

People named in this filing

  • MORLON GREENWOOD (President)
  • ERIC LEBLANC (Treasurer)
  • CYDNI GREENWOOD (Secretary)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The morlon greenwood foundation, inc. Is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501(c)(3) of the internal revenue code, or the corresponding section of any future federa tax code. The morlon greenwood foundation, inc.'s purpose is to serve as a community based sponsor and supporter of youth programs. The morlon greenwood foundation, inc. As founded upon the idea all young people can succeed if provided the proper structure of opportunities centered around physical, social, and economic harmony within their respective communities. Our goal is to empower low-income, at-risk youth and their families with the necessary skills to pursue higher education so as to strenghten austainable communities for future generations.the morlon greenwood foundation, inc. Will provide socially and economically disadvantaged students across the united states with creative, community-based, high quality programs designed spe

What it reported doing in 2023

The Morlon Greenwood Foundation has designed a sports program that helps to reduce the negative influences that impact the lives of our youth, especially in urban areas. The campus that MG52 makes available to more than 1,000 children a year are professionally run and come with perks that many other youth camps just cannot effectively provide: 1)Direct instruction from NFL Players who plan and have played the game. 2)Direct mentorship from NFL coaches on proper techniques and attitudes to succeed on and off the field of play.3)How to be good citizens and persons of strong character and conviction4)A strong emphasis on education, learning and respect for self and others, especially those in authority in the home, classrooms and general society.5)Valuable instruction and information on how to avoid injuries and illness both on and off the field of play, along with basic fundamentals and techniques.

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - 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: 52
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.5%; rating input score 52
  • Program expense ratio: 51.1%; rating input score 51

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -2.6%; rating input score 41; 41st percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 11.87; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 27.4% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 30.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 48.5% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 52.5% of revenue deployed · 51.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 to 2023
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • Moderate — Sustainability: Operating margin scored 41/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.