Civic Intelligence

Morlon Greenwood Foundation Inc

EIN 47-4335559 • 501(c)3 • Henderson, NV

990-N Coverage

Profile

The morlon greenwood foundation, inc. Is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501 (c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. The morlon greenwood foundation, inc.s purpose is to serve as a community based sponsor and supporter of youth programs. The morlon greenwood foundation, inc as founded upon the idea all young people can succeed if provided the proper structure of opportunities centered around physical, social, and economic harmony within their respective communities. Our goal is to empower low- income, at-risk youth and their families with the necessary skills to pursue higher education so as to strengthen sustainable communities for future generations. The morlon greenwood foundation, inc will provide socially and economically disadvantaged students across the united states with creative, community- based, high-quality programs designed

209 S Stephanie Street 166Henderson, NV 89102

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

11.87x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

40th percentile

-2.6%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

99th percentile

2894%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

85th percentile

54%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$3,353

Up $3,241 (+2894%) from 2022

Liabilities

Up

$39,800

Up $5,700 (+17%) from 2022

Net Assets

Down

-$36,447

Down $2,459 (-7.2%) from 2022

Operations
Liabilities / Revenue91st percentileNet Margin40th percentile

Revenue

Up

$93,779

Up $32,813 (+54%) from 2022

Expenses

Up

$96,238

Up $3,377 (+3.6%) from 2022

Net Income

Up

-$2,459

Up $29,436 (+92%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20K-$40KAssets 2016: $19Liabilities 2016: $4,570Net Assets 2016: -$4,5512016Assets 2017: $280Liabilities 2017: $17,195Net Assets 2017: -$16,9152017Assets 2018: $54Liabilities 2018: $0Net Assets 2018: $542018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $776Liabilities 2020: $5,600Net Assets 2020: -$4,8242020Assets 2021: $3,507Liabilities 2021: $5,600Net Assets 2021: -$2,0932021Assets 2022: $112Liabilities 2022: $34,100Net Assets 2022: -$33,9882022Assets 2023: $3,353Liabilities 2023: $39,800Net Assets 2023: -$36,4472023

Highlighted filing

2023

Assets$3,353
Liabilities$39,800
Net Assets-$36,447
Open 2023 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2016: $8,027Expenses 2016: $12,609Net Income 2016: -$4,5822016Revenue 2017: $10,192Expenses 2017: $22,557Net Income 2017: -$12,3652017Revenue 2018: $37,277Expenses 2018: $20,308Net Income 2018: $16,9692018Revenue 2019: $21,331Expenses 2019: $21,385Net Income 2019: -$542019Revenue 2020: $18,298Expenses 2020: $23,122Net Income 2020: -$4,8242020Revenue 2021: $62,405Expenses 2021: $59,674Net Income 2021: $2,7312021Revenue 2022: $60,966Expenses 2022: $92,861Net Income 2022: -$31,8952022Revenue 2023: $93,779Expenses 2023: $96,238Net Income 2023: -$2,4592023

Highlighted filing

2023

Revenue$93,779
Expenses$96,238
Net Income-$2,459
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,353
Liabilities
$39,800
Net assets
-$36,447
Revenue
$93,779
Expenses
$96,238
Net income
-$2,459
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.35$39.8$36.4$93.8$96.2$2.46
2022Detailed filing. Detailed filing data is available for this year.$0.11$34.1$34.0$61.0$92.9$31.9
2021Detailed filing. Detailed filing data is available for this year.$3.51$5.60$2.09$62.4$59.7$2.73
2020Detailed filing. Detailed filing data is available for this year.$0.78$5.60$4.82$18.3$23.1$4.82
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$21.3$21.4$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$37.3$20.3$17.0
2017Detailed filing. Detailed filing data is available for this year.$0.28$17.2$16.9$10.2$22.6$12.4
2016Detailed filing. Detailed filing data is available for this year.$0.02$4.57$4.55$8.03$12.6$4.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$93,779
Mission and Program Overview

Mission

The morlon greenwood foundation, inc. Is a non-profit corporation and shall operate exclusively for educational and charitable purposes within the meaning of section 501 (c)(3) of the internal revenue code, or the corresponding section of any future federal tax code. The morlon greenwood foundation, inc.s purpose is to serve as a community based sponsor and supporter of youth programs. The morlon greenwood foundation, inc as founded upon the idea all young people can succeed if provided the proper structure of opportunities centered around physical, social, and economic harmony within their respective communities. Our goal is to empower low- income, at-risk youth and their families with the necessary skills to pursue higher education so as to strengthen sustainable communities for future generations. The morlon greenwood foundation, inc will provide socially and economically disadvantaged students across the united states with creative, community- based, high-quality programs designed

THE MORLON GREENWOOD FOUNDATION, INC. IS A NON-PROFIT CORPORATION AND SHALL OPERATE EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERA TAX CODE. THE MORLON GREENWOOD FOUNDATION, INC.'S PURPOSE IS TO SERVE AS A COMMUNITY BASED SPONSOR AND SUPPORTER OF YOUTH PROGRAMS. THE MORLON GREENWOOD FOUNDATION, INC. AS FOUNDED UPON THE IDEA ALL YOUNG PEOPLE CAN SUCCEED IF PROVIDED THE PROPER STRUCTURE OF OPPORTUNITIES CENTERED AROUND PHYSICAL, SOCIAL, AND ECONOMIC HARMONY WITHIN THEIR RESPECTIVE COMMUNITIES. OUR GOAL IS TO EMPOWER LOW-INCOME, AT-RISK YOUTH AND THEIR FAMILIES WITH THE NECESSARY SKILLS TO PURSUE HIGHER EDUCATION SO AS TO STRENGHTEN AUSTAINABLE COMMUNITIES FOR FUTURE GENERATIONS.THE MORLON GREENWOOD FOUNDATION, INC. WILL PROVIDE SOCIALLY AND ECONOMICALLY DISADVANTAGED STUDENTS ACROSS THE UNITED STATES WITH CREATIVE, COMMUNITY-BASED,HIGH QUALITY PROGRAMS DESIGNED SPE

Program Services

DescriptionGrantsExpenses
The Morlon Greenwood Foundation has designed a sports program that helps to reduce the negative influences that impact the lives of our youth, especially in urban areas. The campus that MG52 makes available to more than 1,000 children a year are professionally run and come with perks that many other youth camps just cannot effectively provide: 1)Direct instruction from NFL Players who plan and have played the game. 2)Direct mentorship from NFL coaches on proper techniques and attitudes to succeed on and off the field of play.3)How to be good citizens and persons of strong character and conviction4)A strong emphasis on education, learning and respect for self and others, especially those in authority in the home, classrooms and general society.5)Valuable instruction and information on how to avoid injuries and illness both on and off the field of play, along with basic fundamentals and techniques.-$49,223
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MORLON GREENWOODPresident-$0--
ERIC LEBLANCTreasurer-$0--
CYDNI GREENWOODSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Morlon Greenwood Foundation Inc
EIN
47-4335559
Phone
5132633323
Address
209 S STEPHANIE STREET 166, HENDERSON, NV 89102

Signing Officer

Name
Morlon Greenwood
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Pbg Financial Services Pllc
Address
1245-47 WAUKEGAN ROAD STE 100, GLENVIEW, IL 60025
Preparer
David Horwitz
Phone
8472911400
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $488”

Other Expenses.1002

“Office Expenses $1510”

Other Expenses.1003

“Information Technology $4816”

Other Expenses.1005

“Travel $19488”

Other Expenses.1012

“Insurance $2344”

Other Expenses.1

“Other program expenses $10656”

Other Expenses.2

“SUPPLIES $10515”

Other Expenses.3

“ENTERTAINMENT $9609”

Other Expenses.4

“MEALS $6517”

Other Expenses.5

“VEHICLE EXPENSE $4141”

Other Expenses.6

“DONATIONS $1805”

Other Expenses.7

“VOLUNTEER EXPENSES $500”

Other Expenses.8

“Administrative expenses $411”

Other Expenses.9

“TAXES & LICENSES $302”

Other Expenses.10

“PROCESSING FEES $191”

Other Expenses.11

“BANK FEES $69”

Other Expenses.12

“EQUIPMENT RENTAL $26”

Total Liabilities.1

“SBA LOAN - Beginning $34100 SBA LOAN - Ending $39800”

Raw XML Appendix173 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1510
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $4816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $19488
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $2344
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MORLON GREENWOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MORLON GREENWOOD FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MORL
ReturnHeader/Filer/EIN0474335559
ReturnHeader/Filer/PhoneNum05132633323
ReturnHeader/Filer/USAddress/AddressLine1Txt0209 S STEPHANIE STREET 166
ReturnHeader/Filer/USAddress/CityNm0HENDERSON
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ReturnHeader/ReturnTs02024-11-15T14:29:39-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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