Civic Intelligence

The Morey Foundation

990PF • Fiscal year 2019 • EIN 38-2965346

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

Organization Profile
600 W Pickard StMount Pleasant, MI 48858

(989) 866-6000

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2019 filings • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.06x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • $25M-$50M nonprofits • Source year 2019

Net Margin

19th percentile

-9.9%

Higher net margin than 19% of similar nonprofits.

2019 filings • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

18th percentile

$30,000

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • $25M-$50M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$29,715,843

Down $298,309 (-1.0%) from 2015

Net Assets

$29,612,773

No earlier filing loaded for comparison.

Liabilities

Down

$103,070

Down $177,364 (-63%) from 2015

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin19th percentile

Revenue

Up

$1,709,078

Up $463,982 (+37%) from 2015

Expenses

Down

$1,878,580

Down $139,117 (-6.9%) from 2015

Net Income

Up

-$169,502

Up $603,099 (+78%) from 2015

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$40M$30M$20M$10M$0Assets 2010: $34,577,187Liabilities 2010: $432,515Net Assets 2010: $34,144,6722010Assets 2011: $32,790,252Liabilities 2011: $323,7622011Assets 2012: $31,741,587Liabilities 2012: $373,6572012Assets 2013: $30,799,977Liabilities 2013: $396,6972013Assets 2014: $30,654,832Liabilities 2014: $266,0132014Assets 2015: $30,014,152Liabilities 2015: $280,4342015Assets 2019: $29,715,843Liabilities 2019: $103,070Net Assets 2019: $29,612,7732019Assets 2020: $29,454,434Liabilities 2020: $68,453Net Assets 2020: $29,385,9812020Assets 2021: $30,866,889Liabilities 2021: $68,409Net Assets 2021: $30,798,4802021Assets 2022: $30,454,740Liabilities 2022: $116,498Net Assets 2022: $30,338,2422022Assets 2023: $29,606,632Liabilities 2023: $100,012Net Assets 2023: $29,506,6202023Assets 2024: $30,369,649Liabilities 2024: $114,026Net Assets 2024: $30,255,6232024

Highlighted filing

2019

Assets$29,715,843
Liabilities$103,070
Net Assets$29,612,773
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,304,4392010Revenue 2011: $472,241Expenses 2011: $2,112,333Net Income 2011: -$1,640,0922011Revenue 2012: $921,088Expenses 2012: $2,019,648Net Income 2012: -$1,098,5602012Revenue 2013: $1,492,338Expenses 2013: $2,456,988Net Income 2013: -$964,6502013Revenue 2014: $2,242,492Expenses 2014: $2,256,953Net Income 2014: -$14,4612014Revenue 2015: $1,245,096Expenses 2015: $2,017,697Net Income 2015: -$772,6012015Revenue 2019: $1,709,078Expenses 2019: $1,878,580Net Income 2019: -$169,5022019Revenue 2020: $1,161,481Expenses 2020: $1,388,273Net Income 2020: -$226,7922020Revenue 2021: $3,299,828Expenses 2021: $1,887,329Net Income 2021: $1,412,4992021Revenue 2022: $1,551,071Expenses 2022: $2,011,309Net Income 2022: -$460,2382022Revenue 2023: $2,210,481Expenses 2023: $3,042,103Net Income 2023: -$831,6222023Revenue 2024: $2,702,721Expenses 2024: $1,953,718Net Income 2024: $749,0032024

Highlighted filing

2019

Revenue$1,709,078
Expenses$1,878,580
Net Income-$169,502
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LON MOREYPresidentPT$30,000-$30,000
TERRA LYNN BOONEVP/Trustee-$1,500-$1,500
KRISTA MOREYVP/Trustee-$1,500-$1,500
GINA GENTILEVP/Trustee-$1,500-$1,500
LAURA KINGVP/Trustee-$1,500-$1,500
LARRY NOCHTreas/Sec-$0--
Filing and Contact Details

Filer

Filer Name
The Morey Foundation
EIN
38-2965346
Phone
9898666000
Address
600 W PICKARD ST, MOUNT PLEASANT, MI 48858

Signing Officer

Name
Larry Noch
Title
Treas/sec
Phone
9898666000
Signed
2020-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Andrews Hooper Pavlik Plc
Address
1601 MARQUETTE ST STE 4, BAY CITY, MI 48706-6392
Preparer
Laura M Ebel
Phone
9896674900
Raw XML AppendixShowing 400 of 2,681 raw XML fields

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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DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2542000-12-19
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2552000-12-19
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2562000-10-05
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2572000-10-05
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2582000-10-05
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2592000-11-27
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2602000-11-27
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2612000-11-27
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2622000-11-27
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2632000-11-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2642000-10-11
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2652000-09-20
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2662000-12-01
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2672001-01-31
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2681996-11-04
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2692001-01-12
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2702001-01-20
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2712001-01-02
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2722001-01-02
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2732001-01-04
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2742001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2752001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2762001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2772001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2782001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2792001-01-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2802001-01-30
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2812001-01-20
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2822001-02-13
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2832001-01-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2842001-05-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2852001-05-09
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2862001-06-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2872001-06-19
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2882002-02-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2892002-02-25
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2902002-07-17
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2912003-12-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2922004-03-29
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2932005-08-16
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2942005-08-31
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2952005-09-15
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2962005-08-31
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2972007-08-06
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2982007-09-13
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt2992007-04-03
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3002009-09-28
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3012010-09-13
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3022010-11-29
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3032011-12-15
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3042013-01-02
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3052013-03-15
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3062013-01-10
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3072013-12-03
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3082016-05-16
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3092016-05-16
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3102016-05-16
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3112016-10-14
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3122017-11-30
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3132017-09-22
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3142018-05-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3152018-04-20
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3162018-04-20
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3172018-05-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3182018-05-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3192018-05-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3202018-05-08
DepreciationSchedule/DepreciationPropertyGrp/AcquiredDt3212018-05-08
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt0S/L
DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt1S/L
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DepreciationSchedule/DepreciationPropertyGrp/ComputationMethodTxt15S/L
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Document Assets

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Filings

Displayed year

2019 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,715,843
Liabilities
$103,070
Net assets
$29,612,773
Revenue
$1,709,078
Expenses
$1,878,580
Net income
-$169,502
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.4$0.11$30.3$2.70$1.95$0.75
2023Detailed filing. Detailed filing data is available for this year.$29.6$0.10$29.5$2.21$3.04$0.83
2022Detailed filing. Detailed filing data is available for this year.$30.5$0.12$30.3$1.55$2.01$0.46
2021Detailed filing. Detailed filing data is available for this year.$30.9$0.07$30.8$3.30$1.89$1.41
2020Detailed filing. Detailed filing data is available for this year.$29.5$0.07$29.4$1.16$1.39$0.23
2019Detailed filing. Detailed filing data is available for this year.$29.7$0.10$29.6$1.71$1.88$0.17
2015Summary only. Only limited summary data is available for this year.$30.0$0.28$1.25$2.02$0.77
2014Summary only. Only limited summary data is available for this year.$30.7$0.27$2.24$2.26$0.01
2013Summary only. Only limited summary data is available for this year.$30.8$0.40$1.49$2.46$0.96
2012Summary only. Only limited summary data is available for this year.$31.7$0.37$0.92$2.02$1.10
2011Summary only. Only limited summary data is available for this year.$32.8$0.32$0.47$2.11$1.64
2010Detailed filing. Detailed filing data is available for this year.$34.6$0.43$34.1$2.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • $25M-$50M nonprofits