Civic Intelligence

The Morello Foundation

990PF • Fiscal year 2021 • EIN 23-7051152

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 01, 2022

Organization Profile
1631 Whispering Woods WayVineland, NJ 08361

(609) 364-3679

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

44th percentile

4.5%

Higher net margin than 44% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

43rd percentile

0.3%

Faster asset growth than 43% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$330,326

Up $909 (+0.3%) from 2020

Net Assets

Up

$330,324

Up $907 (+0.3%) from 2020

Liabilities

Up

$2

Up $2 from 2020

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin44th percentile

Revenue

Up

$20,243

Up $42,103 (+193%) from 2020

Expenses

Down

$19,336

Down $4,122 (-18%) from 2020

Net Income

Up

$907

Up $46,225 (+102%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2020: $329,417Liabilities 2020: $0Net Assets 2020: $329,4172020Assets 2021: $330,326Liabilities 2021: $2Net Assets 2021: $330,3242021Assets 2022: $325,876Liabilities 2022: $0Net Assets 2022: $325,8762022Assets 2023: $326,171Liabilities 2023: $0Net Assets 2023: $326,1712023Assets 2024: $326,890Liabilities 2024: $2Net Assets 2024: $326,8882024

Highlighted filing

2021

Assets$330,326
Liabilities$2
Net Assets$330,324
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$20K$0-$20K-$40K-$60KRevenue 2020: -$21,860Expenses 2020: $23,458Net Income 2020: -$45,3182020Revenue 2021: $20,243Expenses 2021: $19,336Net Income 2021: $9072021Revenue 2022: $15,740Expenses 2022: $20,188Net Income 2022: -$4,4482022Revenue 2023: $21,666Expenses 2023: $21,371Net Income 2023: $2952023Revenue 2024: $20,616Expenses 2024: $19,899Net Income 2024: $7172024

Highlighted filing

2021

Revenue$20,243
Expenses$19,336
Net Income$907
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 1, 2022
Return Version
2021v4.0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL A MORELLOTrustee-$0--
JUDITH A BROWNETrustee-$0--
JENNIFER MORELLO FISSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Morello Foundation
EIN
23-7051152
Phone
6093643679
Address
1631 WHISPERING WOODS WAY, VINELAND, NJ 08361

Signing Officer

Name
Michael a Morello
Title
Trustee
Signed
2022-02-01
Discuss with paid preparer
Yes

Preparer

Firm
Ford Scott & Associates LLC
Address
1535 Haven Avenue, Ocean City, NJ 08226
Preparer
John A Sabella CPA
Phone
6093996333
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE ORGANIZATION DONATES TO A SCHOOL TO BE USED FOR SCHOLARSHIPS
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt016000
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0INFORMATION ON GRADES AND FINANCIAL SITUATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0THE FOUNDATION
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum08566924647
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt01631 WHISPERING WOODS WAY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0VINELAND
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0NJ
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd008361
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NA
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt016000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0OUR LADY OF MERCY ACADEMY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0EOF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01001 MAIN ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEWFIELD
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd008344
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ADVISOR FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1FOREIGN TAXES PAID
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2MISCELLANEOUS
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt02088
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1172
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2126
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Rounding
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt02
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL A MORELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MORELLO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MORE
ReturnHeader/Filer/EIN0237051152
ReturnHeader/Filer/PhoneNum06093643679
ReturnHeader/Filer/USAddress/AddressLine1Txt01631 WHISPERING WOODS WAY
ReturnHeader/Filer/USAddress/CityNm0VINELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008361
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222087086
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ford Scott & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01535 Haven Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ocean City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008226
ReturnHeader/PreparerPersonGrp/PhoneNum06093996333
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John A Sabella CPA
ReturnHeader/ReturnTs02022-02-07T11:17:30-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL A
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORELLO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$330,326
Liabilities
$2
Net assets
$330,324
Revenue
$20,243
Expenses
$19,336
Net income
$907
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$0.21$0.20$0.01
2023Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.22$0.21$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.16$0.20$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.30$0.00$3.30$0.20$0.19$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.22$0.23$0.45