funder logo

THE MORGAN FOUNDATION INC

THE MORGAN FOUNDATION INC

Laurel Hill, NC, US
501(c)(3)
EIN
56-1790979
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

THE MORGAN FOUNDATION INC

Laurel Hill, NC, US
501(c)(3)
EIN
56-1790979
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$1,561,045

Investments
75%
Cash & Equivalents
24%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$740

Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$231,590
$378,544
+63%
Receivables (Non-Related)
$1,432
$8,274
+478%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,975
$2,220
+12%
Investments
$1,339,115
$1,171,938
-12%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
$69
-
Total Assets
$1,574,112
$1,561,045
-1%
Liabilities
2023
2024
Change
Payables & Accruals
-
$740
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$0
$740
-
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$1,574,112
+$1,560,305
-1%
Balance Sheet
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