The Suzanne Morgan Memorial Foundation

Nonprofit profile at a glance

EIN
232809409
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Haverford, PA, USA
Phone
6106426182
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$29
Expenses
$0
Assets
$602
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • KEITH MORGAN (PRESIDENT TREASURER DIRECT)

People named in this filing

  • KEITH MORGAN (PRESIDENT TREASURER DIRECT)
  • KEVIN S MORGAN (SECRETARY DIRECTOR)
  • JILL DUROVSIK (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

The organization operates exclusively for charitable and educational purposes within the guidelines of section 501(c)(3)of the irc of 1986, as amended, and operates exclusively for the benefit and support of one or more "qualified organizations" (organizations described in full compliance with rules and regulations of section 501(c)(3) and of either sections 509(a)(1) or 509(a)(2) of the irc), as selected from time to time by the board of directors. The initial selection is the cancer support community of philadelphia (formerly the wellness community - philadelphia).

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -26.3% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -3.5% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -31.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.