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Morey Foundation

  • Mt Pleasant, MI
  • Tax-exempt since March 1992
  • EIN: 38-2965346

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.7M (2024)

Expenses
$1.95M (2024)

Total Assets
$30.4M (2024)

Total Liabilities
$114k (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,702,721
Expenses
$1,953,718
Net Income
$749,003
Net Assets
$30,255,623
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $188,558
7.0%
Dividends $525,202
19.4%
Sales of Assets $1,973,516
73.0%
Other Income $2,965
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,422,197
72.8%
Compensation of Officers* $52,500
2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,369,649
Total Liabilities $114,026
Net Assets $30,255,623
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $30,000 $0
Larry Noch (Treas/Sec) $18,000 $0
Krista Morey (Vp/Trustee) $1,500 $0
Gina Gentile (Vp/Trustee) $1,500 $0
Laura King (Vp/Trustee) $1,500 $0
+ View more people

Document Links

990-PF
Filed on Nov. 11, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,210,481
Expenses
$3,042,103
Net Income
-$831,622
Net Assets
$29,506,620
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $159,719
7.2%
Dividends $509,548
23.1%
Sales of Assets $1,527,170
69.1%
Other Income $2,044
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,495,406
82.0%
Compensation of Officers* $57,000
1.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,606,632
Total Liabilities $100,012
Net Assets $29,506,620
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $30,500 $0
Larry Noch (Treas/Sec) $18,500 $0
Terra Lynn Boone (Vp/Trustee) $2,000 $0
Krista Morey (Vp/Trustee) $2,000 $0
Gina Gentile (Vp/Trustee) $2,000 $0
Laura King (Vp/Trustee) $2,000 $0
+ View more people

Document Links

990-PF
Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,551,071
Expenses
$2,011,309
Net Income
-$460,238
Net Assets
$30,338,242
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $121,196
7.8%
Dividends $575,425
37.1%
Sales of Assets $649,062
41.8%
Other Income $205,388
13.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,475,907
73.4%
Compensation of Officers* $57,000
2.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,454,740
Total Liabilities $116,498
Net Assets $30,338,242
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $30,500 $0
Larry Noch (Treas/Sec) $18,500 $0
Terra Lynn Boone (Vp/Trustee) $2,000 $0
Krista Morey (Vp/Trustee) $2,000 $0
Gina Gentile (Vp/Trustee) $2,000 $0
Laura King (Vp/Trustee) $2,000 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,299,828
Expenses
$1,887,329
Net Income
$1,412,499
Net Assets
$30,798,480
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $95,935
2.9%
Dividends $600,484
18.2%
Sales of Assets $2,463,106
74.6%
Other Income $121,103
3.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,354,482
71.8%
Compensation of Officers* $45,286
2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,866,889
Total Liabilities $68,409
Net Assets $30,798,480
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $24,038 $0
Larry Noch (Treas/Sec) $15,248 $0
Terra Lynn Boone (Vp/Trustee) $1,500 $0
Krista Morey (Vp/Trustee) $1,500 $0
Gina Gentile (Vp/Trustee) $1,500 $0
Laura King (Vp/Trustee) $1,500 $0
+ View more people

Document Links

990-PF
Filed on Oct. 27, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,161,481
Expenses
$1,388,273
Net Income
-$226,792
Net Assets
$29,385,981
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $112,530
9.7%
Dividends $421,993
36.3%
Sales of Assets $592,850
51.0%
Other Income $24,508
2.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $937,873
67.6%
Compensation of Officers* $46,662
3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,454,434
Total Liabilities $68,453
Net Assets $29,385,981
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $31,231 $0
Larry Noch (Treas/Sec) $5,431 $0
Terra Lynn Boone (Vp/Trustee) $2,500 $0
Krista Morey (Vp/Trustee) $2,500 $0
Gina Gentile (Vp/Trustee) $2,500 $0
Laura King (Vp/Trustee) $2,500 $0
+ View more people

Document Links

990-PF
Filed on Nov. 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,709,078
Expenses
$1,878,580
Net Income
-$169,502
Net Assets
$29,612,773
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $188,529
11.0%
Dividends $529,800
31.0%
Sales of Assets $774,114
45.3%
Other Income $206,685
12.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,458,360
77.6%
Compensation of Officers* $36,000
1.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,715,843
Total Liabilities $103,070
Net Assets $29,612,773
Compensation
Key Employees and Officers Compensation Other
Lon Morey (President) $30,000 $0
Terra Lynn Boone (Vp/Trustee) $1,500 $0
Krista Morey (Vp/Trustee) $1,500 $0
Gina Gentile (Vp/Trustee) $1,500 $0
Laura King (Vp/Trustee) $1,500 $0
Larry Noch (Treas/Sec) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,245,096
Expenses
$2,017,697
Net Income
-$772,601
Net Assets
$29,733,718
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $128,400
10.3%
Dividends $474,414
38.1%
Sales of Assets $462,182
37.1%
Other Income $91,833
7.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,499,151
74.3%
Compensation of Officers* $43,246
2.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,014,152
Total Liabilities $280,434
Net Assets $29,733,718

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,242,492
Expenses
$2,256,953
Net Income
-$14,461
Net Assets
$30,388,819
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $138,480
6.2%
Dividends $493,671
22.0%
Sales of Assets $1,666,262
74.3%
Other Income -$165,521
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,864,473
82.6%
Compensation of Officers* $2,437
0.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,654,832
Total Liabilities $266,013
Net Assets $30,388,819

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,492,338
Expenses
$2,456,988
Net Income
-$964,650
Net Assets
$30,403,280
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $217
0.0%
Interest Revenue $176,149
11.8%
Dividends $409,618
27.4%
Sales of Assets $914,346
61.3%
Other Income -$117,592
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,953,058
79.5%
Compensation of Officers* $4,000
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,799,977
Total Liabilities $396,697
Net Assets $30,403,280

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$921,088
Expenses
$2,019,648
Net Income
-$1,098,560
Net Assets
$31,367,930
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $113
0.0%
Interest Revenue $256,253
27.8%
Dividends $441,305
47.9%
Sales of Assets $252,445
27.4%
Other Income -$38,628
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,518,809
75.2%
Compensation of Officers* $4,500
0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $31,741,587
Total Liabilities $373,657
Net Assets $31,367,930

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$472,241
Expenses
$2,112,333
Net Income
-$1,640,092
Net Assets
$32,466,490
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $2,881
0.6%
Interest Revenue $293,943
62.2%
Dividends $491,806
> 100%
Sales of Assets $0
Other Income -$176,412
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,718,932
81.4%
Compensation of Officers* $6,000
0.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $32,790,252
Total Liabilities $323,762
Net Assets $32,466,490

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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