Civic Intelligence

The Morehead-Cain Foundation

EIN 56-0599225 • Chapel Hill, NC

View Organization Page

Post Office Box 690Chapel Hill, NC 27514
Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.17x

Higher debt load relative to revenue than 34% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

18th percentile

-2.1%

Faster asset growth than 18% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

59th percentile

11%

Faster revenue growth than 59% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets20th percentile

Using 2024 Form 990PF data because the latest 2025 filing does not report standard financial totals.

Assets

Down

$225,484,385

Down $1,348,543 (-0.6%) from 2023

Liabilities

Up

$1,830,495

Up $5,299 (+0.3%) from 2023

Net Assets

Down

$223,653,890

Down $1,353,842 (-0.6%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin7th percentile

Revenue

Up

$15,335,263

Up $4,760,667 (+45%) from 2023

Expenses

Up

$16,689,105

Up $1,530,605 (+10%) from 2023

Net Income

Up

-$1,353,842

Up $3,230,062 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$300M$200M$100M$0Assets 2011: $196,676,044Liabilities 2011: $1,707,5052011Assets 2012: $180,727,843Liabilities 2012: $1,274,4412012Assets 2013: $182,762,928Liabilities 2013: $995,4462013Assets 2014: $185,668,514Liabilities 2014: $944,7722014Assets 2015: $198,786,658Liabilities 2015: $1,332,1212015Assets 2019: $219,281,063Liabilities 2019: $1,261,1012019Assets 2020: $219,921,183Liabilities 2020: $971,1122020Assets 2021: $236,239,285Liabilities 2021: $1,389,884Net Assets 2021: $234,849,4012021Assets 2022: $231,797,275Liabilities 2022: $2,205,639Net Assets 2022: $229,591,6362022Assets 2023: $226,832,928Liabilities 2023: $1,825,196Net Assets 2023: $225,007,7322023Assets 2024: $225,484,385Liabilities 2024: $1,830,495Net Assets 2024: $223,653,8902024

Latest loaded filing

2024

Assets$225,484,385
Liabilities$1,830,495
Net Assets$223,653,890
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

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

$40M$20M$0-$20MRevenue 2011: $8,180,478Expenses 2011: $9,541,080Net Income 2011: -$1,360,6022011Revenue 2012: -$4,175,434Expenses 2012: $11,339,703Net Income 2012: -$15,515,1372012Revenue 2013: $13,342,661Expenses 2013: $11,214,270Net Income 2013: $2,128,3912013Revenue 2014: $14,611,798Expenses 2014: $11,841,227Net Income 2014: $2,770,5712014Revenue 2015: $24,971,514Expenses 2015: $12,240,719Net Income 2015: $12,730,7952015Revenue 2019: $16,945,910Expenses 2019: $12,760,570Net Income 2019: $4,185,3402019Revenue 2020: $13,275,596Expenses 2020: $12,345,487Net Income 2020: $930,1092020Revenue 2021: $29,358,947Expenses 2021: $13,459,617Net Income 2021: $15,899,3302021Revenue 2022: $9,499,160Expenses 2022: $14,756,925Net Income 2022: -$5,257,7652022Revenue 2023: $10,574,596Expenses 2023: $15,158,500Net Income 2023: -$4,583,9042023Revenue 2024: $15,335,263Expenses 2024: $16,689,105Net Income 2024: -$1,353,8422024

Latest loaded filing

2024

Revenue$15,335,263
Expenses$16,689,105
Net Income-$1,353,842
Open 2024 Filing

Filings

Most recent year

2025 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.
2024Detailed filing. Detailed filing data is available for this year.$225$1.83$224$15.3$16.7$1.35
2023Detailed filing. Detailed filing data is available for this year.$227$1.83$225$10.6$15.2$4.58
2022Detailed filing. Detailed filing data is available for this year.$232$2.21$230$9.50$14.8$5.26
2021Detailed filing. Detailed filing data is available for this year.$236$1.39$235$29.4$13.5$15.9
2020Summary only. Only limited summary data is available for this year.$220$0.97$13.3$12.3$0.93
2019Summary only. Only limited summary data is available for this year.$219$1.26$16.9$12.8$4.19
2015Summary only. Only limited summary data is available for this year.$199$1.33$25.0$12.2$12.7
2014Summary only. Only limited summary data is available for this year.$186$0.94$14.6$11.8$2.77
2013Summary only. Only limited summary data is available for this year.$183$1.00$13.3$11.2$2.13
2012Summary only. Only limited summary data is available for this year.$181$1.27$4.18$11.3$15.5
2011Summary only. Only limited summary data is available for this year.$197$1.71$8.18$9.54$1.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 6, 2026
Return Version
2024v5.5
Filing and Contact Details

Filer

Filer Name
The Morehead-cain Foundation
EIN
56-0599225
Phone
9199621201
Address
POST OFFICE BOX 690, CHAPEL HILL, NC 27514

Signing Officer

Name
Steve R Michalak
Title
Treasurer
Phone
9199621201
Signed
2026-03-06
Discuss with paid preparer
Yes

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Jared L Piland
Phone
9197878212
Raw XML Appendix139 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.

Path#Value
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IRS990TScheduleA/OfficerDirTrstCompGrp/TimeDevotedToBusinessPct120.00000
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IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt8PRESIDENT
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt9VICE PRESIDENT
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt10TREASURER
IRS990TScheduleA/OfficerDirTrstCompGrp/TitleTxt11DIRECTOR OF DEVELOPMENT
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IRS990TScheduleA/OfficerDirTrstCompGrp/UnrelatedBusinessCompAmt00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02026-03-06T09:28:13-06:00
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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