Morgan E Cline Perpetual Charitable Foundation
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.
Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)
Donations to this organization are tax deductible.
Summary charts: organization finances over time
Revenue $1.28M (2023)
Expenses $2.05M (2023)
Total Assets $14.5M (2023)
Total Liabilities $150k (2023)
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.
2023
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $0 | |
| Interest Revenue | $0 | |
| Dividends | $295,774 |
23.1%
|
| Sales of Assets | -$85,462 | |
| Other Income | $613,055 |
47.9%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $898,701 |
43.9%
|
| Compensation of Officers* | $189,000 |
9.2%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $14,480,107 | |
| Total Liabilities | $150,231 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $149,000 | $4,400 |
| Lindsey Varese (Kitchen Manager) | $58,405 | $2,400 |
| Penny Exline (Front Desk Manager) | $57,850 | $2,400 |
Document Links
990-PF
Filed on Sept. 23, 2024Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $0 | |
| Interest Revenue | $0 | |
| Dividends | $266,451 |
15.2%
|
| Sales of Assets | $410,415 |
23.3%
|
| Other Income | $613,745 |
34.9%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $812,323 |
40.7%
|
| Compensation of Officers* | $161,561 |
8.1%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $13,712,032 | |
| Total Liabilities | $135,303 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $121,561 | $4,464 |
| Kerry Morlan (Senior Line Cook) | $55,643 | $2,147 |
| Lindsey Varese (Kitchen Supervisor) | $53,775 | $2,077 |
Document Links
990-PF
Filed on Aug. 23, 2023Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $344,826 |
13.3%
|
| Interest Revenue | $0 | |
| Dividends | $255,188 |
9.8%
|
| Sales of Assets | $899,852 |
34.6%
|
| Other Income | $634,562 |
24.4%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $968,692 |
44.6%
|
| Compensation of Officers* | $145,833 |
6.7%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $16,803,202 | |
| Total Liabilities | $167,147 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $110,833 | $3,665 |
| Tena Stansberry (Manager Tch) | $65,282 | $5,428 |
| Kerry Morlan (Senior Line Cook) | $56,591 | $2,038 |
Document Links
990-PF
Filed on Aug. 25, 2022Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $0 | |
| Interest Revenue | $0 | |
| Dividends | $244,208 |
17.0%
|
| Sales of Assets | $447,530 |
31.2%
|
| Other Income | $447,774 |
31.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $701,050 |
45.3%
|
| Compensation of Officers* | $137,777 |
8.9%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $16,275,988 | |
| Total Liabilities | $511,918 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $102,777 | $3,083 |
| Tena Stansberry (Manager Tch) | $60,295 | $6,382 |
| Michael Craver Esq (Chair) | $5,000 | $0 |
Document Links
990-PF
Filed on April 22, 2021Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $0 | |
| Interest Revenue | $0 | |
| Dividends | $327,834 |
21.5%
|
| Sales of Assets | $266,637 |
17.5%
|
| Other Income | $476,702 |
31.2%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $570,771 |
35.5%
|
| Compensation of Officers* | $133,685 |
8.3%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $15,181,319 | |
| Total Liabilities | $174,700 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $98,000 | $2,940 |
| Tena Stansberry (Manager Tch) | $55,784 | $6,861 |
| Michael Craver Esq (President) | $5,000 | $0 |
Document Links
990-PF
Filed on May 26, 2020Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $108,657 |
6.3%
|
| Interest Revenue | $0 | |
| Dividends | $297,425 |
17.2%
|
| Sales of Assets | $476,424 |
27.6%
|
| Other Income | $531,771 |
30.8%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $748,491 |
47.0%
|
| Compensation of Officers* | $133,738 |
8.4%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $13,391,191 | |
| Total Liabilities | $156,655 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $98,738 | $3,489 |
| Tena Stansberry (Manager Tch) | $55,931 | $5,691 |
| Ann Young (Chairperson) | $5,000 | $0 |
Document Links
990-PF
Filed on April 17, 2019Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $5,000 |
0.4%
|
| Interest Revenue | $0 | |
| Dividends | $109,377 |
8.8%
|
| Sales of Assets | $109,810 |
8.8%
|
| Other Income | $533,410 |
42.9%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $533,492 |
31.5%
|
| Compensation of Officers* | $134,955 |
8.0%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $14,502,701 | |
| Total Liabilities | $183,402 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| Alison Fraser (Ceo) | $97,776 | $2,179 |
| Tena Stansberry (Manager Tch) | $55,247 | $3,600 |
| Frank Reznicek (Vice Chair) | $5,000 | $0 |
Document Links
990-PF
Filed on April 17, 2018Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $8,828,351 |
93.8%
|
| Interest Revenue | $0 | |
| Dividends | $60,103 |
0.6%
|
| Sales of Assets | $105,219 |
1.1%
|
| Other Income | $216,836 |
2.3%
|
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $589,699 |
52.6%
|
| Compensation of Officers* | $184,459 |
16.5%
|
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $13,844,656 | |
| Total Liabilities | $243,286 |
Compensation
| Key Employees and Officers | Compensation | Other |
|---|---|---|
| William Burch (Ceo) | $111,901 | $7,108 |
| Vanessa Fraser (Trustee) | $10,005 | $0 |
| Frank Reznicek (Vice Chair) | $10,000 | $0 |
Document Links
990-PF
Filed on April 18, 2017Primary tax return for a private foundation's activities, finances, and governance
Fiscal Year Ending Dec.
2015
Extracted Financial Data
Extracted Financial Data from Form 990-PF
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions Received | $5,050,000 |
100%
|
| Interest Revenue | $0 | |
| Dividends | $0 | |
| Sales of Assets | $0 | |
| Other Income | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Charitable Disbursements | $4,385 |
100%
|
| Compensation of Officers* | $0 | |
| * Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%. | ||
| Assets/Debt | ||
|---|---|---|
| Total Assets | $5,045,615 | |
| Total Liabilities | $0 |
Document Links
990-PF
Primary tax return for a private foundation's activities, finances, and governance
About 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.
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