Civic Intelligence

Morris County Economic Development

EIN 73-1725093 • Florham Park, NJ

325 Columbia Turnpike 101Florham Park, NJ 07932-1212
Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$500k-$1M nonprofits • Source year 2024

Net Margin

76th percentile

25%

Higher net margin than 76% of similar nonprofits.

$500k-$1M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

$500k-$1M nonprofits • Source year 2024

Asset Growth

96th percentile

108%

Faster asset growth than 96% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

6.9%

Faster revenue growth than 50% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$372,030

Up $192,987 (+108%) from 2023

Liabilities

Down

$0

Down $47,993 (-100%) from 2023

Net Assets

Up

$372,030

Up $240,980 (+184%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin76th percentile

Revenue

Up

$999,385

Up $64,849 (+6.9%) from 2023

Expenses

Down

$753,908

Down $162,315 (-18%) from 2023

Net Income

Up

$245,477

Up $227,164 (+1240%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$400K$300K$200K$100K$0Assets 2010: $0Liabilities 2010: $02010Assets 2011: $0Liabilities 2011: $02011Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1,863Liabilities 2018: $02018Assets 2019: $1,863Liabilities 2019: $5002019Assets 2020: $1,613Liabilities 2020: $750Net Assets 2020: $8632020Assets 2021: $1,363Liabilities 2021: $1,100Net Assets 2021: $2632021Assets 2022: $210,953Liabilities 2022: $106,093Net Assets 2022: $104,8602022Assets 2023: $179,043Liabilities 2023: $47,993Net Assets 2023: $131,0502023Assets 2024: $372,030Liabilities 2024: $0Net Assets 2024: $372,0302024

Highlighted filing

2024

Assets$372,030
Liabilities$0
Net Assets$372,030
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2017: $10,200Expenses 2017: $10,200Net Income 2017: $02017Revenue 2018: $22,200Expenses 2018: $21,267Net Income 2018: $9332018Revenue 2019: $275Expenses 2019: $775Net Income 2019: -$5002019Revenue 2020: $0Expenses 2020: $500Net Income 2020: -$5002020Revenue 2021: $0Expenses 2021: $600Net Income 2021: -$6002021Revenue 2022: $614,602Expenses 2022: $509,742Net Income 2022: $104,8602022Revenue 2023: $934,536Expenses 2023: $916,223Net Income 2023: $18,3132023Revenue 2024: $999,385Expenses 2024: $753,908Net Income 2024: $245,4772024

Highlighted filing

2024

Revenue$999,385
Expenses$753,908
Net Income$245,477
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$372,030
Liabilities
$0
Net assets
$372,030
Revenue
$999,385
Expenses
$753,908
Net income
$245,477
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$9.99$7.54$2.45
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.48$1.31$9.35$9.16$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.11$1.06$1.05$6.15$5.10$1.05
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.01$0.01$0.00$0.01$0.01
2019Summary only. Only limited summary data is available for this year.$0.02$0.01$0.00$0.01$0.01
2018Summary only. Only limited summary data is available for this year.$0.02$0.00$0.22$0.21$0.01
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.10$0.10$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEIRDRE WHEATLEY-LISSTrustee-$0--
TOM LYONSTrustee-$0--
KURT ALSTEDETrustee-$0--
MEGHAN HUNSCHERPresident & CEO-$0--
DR KATRINA BELLTrustee-$0--
TOM SERLUCOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Morris County Economic Development
EIN
73-1725093
Phone
9735393882
Address
325 COLUMBIA TURNPIKE 101, FLORHAM PARK, NJ 07932-1212

Signing Officer

Name
Meghan Hunscher
Title
CEO
Phone
9735393882
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
293 EISENHOWER PARKWAY 2ND FLOOR, LIVINGSTON, NJ 07039
Preparer
Paul K Odonnell
Phone
9739949494
Raw XML Appendix383 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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IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
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IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd00
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0HTTPS://MORRISCOUNTYALLIANCE.ORG/
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt00
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IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
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IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
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IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt00
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IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0COUNTY OF MORRIS
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt1STATE OF NEW JERSEY DEPARTMENT OF TRAVEL AND TOURISM
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt06 COURT ST
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1225 WEST STATE STREET 3RD FLOOR
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0MORRISTOWN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1TRENTON
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NJ
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd108625
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0476000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt1326666
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherDecreasesSchedule/OtherDecreasesDetail/Amt015524
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt90
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt130043
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt26000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt342232
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41567
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OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0196719
OtherIncomeSchedule2/OtherIncomeDetail/Desc0WALKING TOURS AND SPONSORSHIP
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0196719
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGHAN HUNSCHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORRIS COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0MORR
ReturnHeader/Filer/EIN0731725093
ReturnHeader/Filer/PhoneNum09735393882
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0293 EISENHOWER PARKWAY 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIVINGSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007039
ReturnHeader/PreparerPersonGrp/PhoneNum09739949494
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL K ODONNELL
ReturnHeader/ReturnTs02025-11-15T15:35:04-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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