Morgan Nick Foundation is located in Alma, AR. The organization was established in 1998. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2022, Morgan Nick Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Nick Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Morgan Nick Foundation generated $549.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.4% each year . All expenses for the organization totaled $434.9k during the year ending 12/2022. While expenses have increased by 23.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION MISSION IS TO PREVENT FAMILY AND NON-FAMILY ABDUCTIONS OF CHILDREN AND ADULTS. THEY SEEK TO INFORM AND EDUCATE THE COMMUNITY CONCERNING THE DANGERS OF ABDUCTION AND RUNAWAYS. THEY ALSO SUPPORT FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE WITH IDENTIFYING CHILDREN AND ADULTS AND WORKING WITH LAW ENFORCEMENT WITH LOCATING LOST OR ABDUCTED CHILDREN AND ADULTS AND ASSISTING AND SUPPORTING THEIR FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colleen S Nick Exec Director | Officer | 30 | $54,206 |
Robin Cooper CFO | Officer | 20 | $35,114 |
Paula Higgins President | OfficerTrustee | $0 | |
Bill Gossage Vice President | OfficerTrustee | $0 | |
Andy Cozart Board | Trustee | $0 | |
Tommy Mitchum Board | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $16,290 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $531,801 |
Noncash contributions included in lines 1a–1f | $18,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $548,091 |
Total Program Service Revenue | $0 |
Investment income | $123 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$135 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $549,862 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $89,320 |
Compensation of current officers, directors, key employees. | $8,932 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $222,162 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,159 |
Payroll taxes | $24,075 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $120 |
Office expenses | $13,128 |
Information technology | $6,298 |
Royalties | $0 |
Occupancy | $23,117 |
Travel | $3,187 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,995 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,777 |
Insurance | $940 |
All other expenses | $0 |
Total functional expenses | $434,917 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $186,410 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $15,559 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $201,969 |
Accounts payable and accrued expenses | $5,194 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,194 |
Net assets without donor restrictions | $189,701 |
Net assets with donor restrictions | $7,074 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $201,969 |