Louis Edward Morris and Erin Vaughan Morris Trust

EIN: 846811521 501(c)(3) Philanthropy & Grantmaking

Selma, AL

Total Revenue
$60,766
Total Expenses
$176,602
Total Assets
$2,203,986
Net Assets
$2,203,986
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
AL
Tax Period
2023-01-01 to 2023-12-31

Louis Edward Morris and Erin Vaughan Morris Trust, founded in 2020, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $61K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $177K exceeded revenue, resulting in a 191% operating deficit.

Mission

Support other public charities.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $60,766
Other Revenue $0
TOTAL REVENUE $60,766

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $161,044
Other Expenses $26,602
TOTAL EXPENSES $176,602

Year-over-Year Comparison

2023 2022 Change
Revenue $60,766 $65,915 -0.1%
Expenses $176,602 $92,321 +0.9%
Net Income $-115,836 $-26,406 +3.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Trippe Board Member 1.00
Director
$0 $0 $0
Stephen Posey Board Member 1.00
Director
$0 $0 $0
Ralph Hobbs Board Member 1.00
Director
$0 $0 $0
Arthur Duncan Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $60,766 $176,602 $2,203,986 $-115,836
Explore More Nonprofits
→Top 100 Nonprofits in Alabama →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Louis Edward Morris and Erin Vaughan Morris Trust with other nonprofits in Alabama and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.