J R & Emily Morgan Fund For The Blind And Prevention Of Blindness
- Assets
- $2.0m
- Revenue
- $407.5k
- Investments
- $1.6m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1976
- Data as of
- 06/2022
- EIN
- 51-0192477
Organization Overview
J R & Emily Morgan Fund For The Blind And Prevention Of Blindness is located in Milwaukee, WI. The organization was established in 1976. According to its NTEE Classification (P86) the organization is classified as: Blind & Visually Impaired Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. J R & Emily Morgan Fund For The Blind And Prevention Of Blindness is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, J R & Emily Morgan Fund For The Blind And Prevention Of Blindness generated $407.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $213.6k during the year ending 06/2022. While expenses have increased by 5.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, J R & Emily Morgan Fund For The Blind And Prevention Of Blindness has awarded 14 individual grants totaling $968,183. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,039 |
| Net Rental Income | $243,828 |
| Net Gain on Sale of Assets | $121,252 |
| Capital Gain Net Income | $121,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $122 |
| Total Revenue | $407,545 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $46,767 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,424 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,632 |
| Total operating and administrative expenses | $65,323 |
| Contributions, gifts, grants paid | $148,252 |
| Total expenses and disbursements | $213,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $365,022 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,618,852 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,983,874 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, J R & Emily Morgan Fund For The Blind And Prevention Of Blindness has awarded $148,252 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON HEALTH SCIENCES UNIVERSITY PURPOSE: GENERAL OPERATING | $93,276 |
HULL FOUNDATION AND LEARNING CENTER PURPOSE: GENERAL OPERATIONS | $54,976 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Chicago Lighthouse For People Who Are Blind Or Visually Impaired Chicago, IL | $37,590,416 | $42,554,444 |
Leader Dogs For The Blind Rochester Hills, MI | $33,492,766 | $19,666,578 |
Vision Loss Resources Inc Minneapolis, MN | $14,973,587 | $2,533,994 |
Blind Service Association Inc Chicago, IL | $11,989,714 | $818,839 |
American Council Of The Blind Of Wisconsin Inc Milwaukee, WI | $56,522 | $241,932 |
J R & Emily Morgan Fund For The Blind And Prevention Of Blindness Milwaukee, WI | $1,983,874 | $407,545 |
Minnesota Guide Dog Breeding Center Ltd Hastings, MN | $1,994,401 | $743,471 |
Dogsinvests Palmyra, WI | $179,179 | $226,161 |
Deaf Can Inc South Saint Paul, MN | $166,612 | $0 |
Wisconsin Lions Birch-Sturm Memorial Fund Inc Rosholt, WI | $8,487,470 | $498,923 |
Educational Center For The Visually Impaired Springfield, IL | $273,091 | $146,358 |
Giving Songs Inc Northville, MI | $20,523 | $0 |