Morkal Foundation
- Assets
- $2.1m
- Revenue
- $734.1k
- Investments
- $535.1k
- Employees
- 0
- Location
- Bishop, CA
- Founding
- 08/2006
- Data as of
- 12/2023
- EIN
- 72-1583639
Organization Overview
Morkal Foundation is located in Bishop, CA. The organization was established in 2006. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morkal 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 12/2023, Morkal Foundation generated $734.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $95.2k during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 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.
Since 2015, Morkal Foundation has awarded 132 individual grants totaling $644,264. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP TO STUDENTS ATTENDING RELIGIOUS COLLEGES OR UNIVERSITIES, OR WHO HAVE DEMONSTRATED THEIR CHRISTIAN ETHICS THROUGH SERVICE.
SUPPORT OF THE NATIVE AMERICAN CHRISTIAN ACADEMY, PROVIDING A CHRISTIAN EDUCATION TO FIRST THROUGH TWELFTH GRADE.
SUPPORT FOR CAMP JOY, A VACATION BIBLE SCHOOL FOR ELEMENTARY AGE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marston Mottweiler CFO | 5 | $0 | |
John Martindale President | 1 | $0 | |
Tom Sigler Vice Pres/se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $652,381 |
| Interest on Savings | $21 |
| Dividends & Interest | $0 |
| Net Rental Income | $18,825 |
| Net Gain on Sale of Assets | -$5,877 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,724 |
| Total Revenue | $734,149 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,582 |
| Total operating and administrative expenses | $25,407 |
| Contributions, gifts, grants paid | $69,813 |
| Total expenses and disbursements | $95,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,027 |
| Savings and temporary cash investments | $144,567 |
| 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 | $775,066 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,100 |
| Net Investments - land, buildings, equipment | $631,663 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,095,493 |
| 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 |
Grants Awarded
Over the last fiscal year, Morkal Foundation has awarded $69,813 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL CHURCH PURPOSE: SCHOLARSHIP | $1,200 |
BISHOP CREEK COMMUNITY CHURCH PURPOSE: CHARITABLE | $4,000 |
CAL STATE UNIVERSITY CHANNEL ISLAND PURPOSE: SCHOLARSHIP | $5,000 |
CALIFORNIA BAPTIST UNIVERSITY PURPOSE: SCHOLARSHIP | $5,000 |
CAMP JOY PURPOSE: VACATION BIBLE SCHOOL | $5,000 |
CHURCH OF THE NAZARENE PURPOSE: CHARITABLE | $4,000 |