Civic Intelligence

Morosani Foundation

EIN 82-3813375 • Asheville, NC

Pub. 78 EligibleNTEE T20
932 Hendersonville Road 201Asheville, NC 28803
Siviq Scores

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

Liabilities / Assets

95th percentile

0.05x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE T20 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

NTEE T20 • $1M-$5M nonprofits • Source year 2024

Net Margin

47th percentile

15%

Higher net margin than 47% of similar nonprofits.

NTEE T20 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE T20 • $1M-$5M nonprofits • Source year 2024

Asset Growth

57th percentile

3.7%

Faster asset growth than 57% of similar nonprofits.

NTEE T20 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

42%

Faster revenue growth than 55% of similar nonprofits.

NTEE T20 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$1,237,497

Up $44,376 (+3.7%) from 2023

Liabilities

Down

$57,904

Down $5,862 (-9.2%) from 2023

Net Assets

Up

$1,179,593

Up $50,238 (+4.4%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin47th percentile

Revenue

Up

$333,550

Up $98,210 (+42%) from 2023

Expenses

Up

$283,551

Up $80,536 (+40%) from 2023

Net Income

Up

$49,999

Up $17,674 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$1.5M$1.0M$500K$0Assets 2019: $917,452Liabilities 2019: $02019Assets 2020: $968,952Liabilities 2020: $0Net Assets 2020: $968,9522020Assets 2021: $1,053,521Liabilities 2021: $76,035Net Assets 2021: $977,4862021Assets 2022: $1,169,271Liabilities 2022: $72,241Net Assets 2022: $1,097,0302022Assets 2023: $1,193,121Liabilities 2023: $63,766Net Assets 2023: $1,129,3552023Assets 2024: $1,237,497Liabilities 2024: $57,904Net Assets 2024: $1,179,5932024

Highlighted filing

2024

Assets$1,237,497
Liabilities$57,904
Net Assets$1,179,593
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$800K$600K$400K$200K$0Revenue 2019: $764,996Expenses 2019: $37,451Net Income 2019: $727,5452019Revenue 2020: $173,303Expenses 2020: $121,803Net Income 2020: $51,5002020Revenue 2021: $204,705Expenses 2021: $196,171Net Income 2021: $8,5342021Revenue 2022: $383,198Expenses 2022: $263,654Net Income 2022: $119,5442022Revenue 2023: $235,340Expenses 2023: $203,015Net Income 2023: $32,3252023Revenue 2024: $333,550Expenses 2024: $283,551Net Income 2024: $49,9992024

Highlighted filing

2024

Revenue$333,550
Expenses$283,551
Net Income$49,999
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,237,497
Liabilities
$57,904
Net assets
$1,179,593
Revenue
$333,550
Expenses
$283,551
Net income
$49,999
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.06$1.18$0.33$0.28$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.06$1.13$0.24$0.20$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.07$1.10$0.38$0.26$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.08$0.98$0.20$0.20$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.17$0.12$0.05
2019Summary only. Only limited summary data is available for this year.$0.92$0.00$0.76$0.04$0.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 30, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CANDI PEARSONSecretary-$0--
TAMORA CLONTZDirector-$0--
HAL THOMPSONPresident & CEO-$0--
AIMEE MERRILLDirector-$0--
DANIEL MERRILLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Morosani Foundation
EIN
82-3813375
Phone
8282744111
Address
932 HENDERSONVILLE ROAD 201, ASHEVILLE, NC 28803

Signing Officer

Name
George W Morosani
Title
President
Signed
2025-05-30
Discuss with paid preparer
Yes

Preparer

Firm
Alan E Bolick CPA
Address
56 CENTRAL AVE STE 104, ASHEVILLE, NC 28801
Preparer
Alan E Bolick CPA
Phone
8282305082
Raw XML AppendixShowing 400 of 825 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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