Morris Foundation Inc
- Assets
- $358.9k
- Revenue
- $103.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, AR
- Founding
- 07/1984
- Data as of
- 12/2018
- EIN
- 71-0597938
Organization Overview
Morris Foundation Inc is located in Hot Springs, AR. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2018, Morris Foundation Inc generated $103.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $375.7k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Morris President/se | 0 | $0 | |
Jerry Bedford Vice Preside | 0 | $0 | |
Rose Adams Assistant Se | 0 | $0 | |
Gordon Morris Treasurer | 0 | $0 | |
Joann Mangione Assistant Tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,262 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,254 |
| Capital Gain Net Income | $92,860 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,564 |
| Depreciation | $70 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,178 |
| Total operating and administrative expenses | $45,312 |
| Contributions, gifts, grants paid | $330,423 |
| Total expenses and disbursements | $375,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,699 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $385 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $99,802 |
| Other assets | $0 |
| Total assets | $358,886 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |