Nonprofit · EIN 87-2070795
PHILIP MORGAN FOUNDATION
Tax-exempt · EMERSON, NJ 07630
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $19,784 | $20,129 | -$345 | $104,870 | – | $104,870 |
| December 31, 2024 | 990-EZ | $17,238 | $15,378 | $1,860 | $105,215 | – | $105,215 |
| December 31, 2023 | 990-EZ | $14,126 | $10,892 | $3,234 | $103,355 | – | $103,355 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $5,910
- Investment income
- $12
- Net income from fundraising events
- $13,862
Expenses
- Grants and similar amounts paid
- $18,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,500
- Other expenses
- $629
- Program services (functional)
- $2,129
Balance sheet and other
- Total assets, start of year
- $105,215
- Total assets, end of year
- $104,870
- Total liabilities, end of year
- –
- Net assets, end of year
- $104,870
- Cash, savings and investments
- $104,870
- Gross receipts
- $24,392
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MORGAN | President | 5 | $0 |
| FRANK MANNING | Treasurer | 5 | $0 |
| JAMIE MAROTTI-MORGAN | Secretary | 5 | $0 |
| AMY MORGAN | FOUNDER | 5 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MORGAN | President | 5 | $0 |
| FRANK MANNING | Treasurer | 5 | $0 |
| JAMIE MAROTTI-MORGAN | Secretary | 5 | $0 |
| AMY MORGAN | FOUNDER | 5 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MORGAN | President | 5 | $0 |
| FRANK MANNING | Treasurer | 5 | $0 |
| JAMIE MAROTTI-MORGAN | Secretary | 5 | $0 |
| AMY MORGAN | FOUNDER | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 58 VIVIAN AVE, EMERSON, NJ 07630-1000
- Signed the 990-EZ
- FRANK MANNING, Treasurer
- Phone
- (917) 715-3901
- Return prepared by
- Oberc & Associates LLC
Mission
THE PURPOSE OF THE ORGANIZATION SHALL BE TO PROVIDE SUPPORT AND ASSISTANCE TO FAMILIES EXPERIENCING THE HARDSHIPS ASSOCIATED WITH THE TERMINAL OR DEVASTATING ILLNESS OF A LOVED ONE.
Program accomplishments
- PROVIDED SUPPORT AND ASSISTANCE TO FAMILIES EXPERIENCING THE HARDSHIPS ASSOCIATED WITH THE TERMINAL OR DEVASTATING ILLNESS OF A LOVED ONE.Expenses $2,129 · grants $18,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-2070795
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $104,870
- Income (IRS master file)
- $24,392
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $19,784 | $20,129 | $104,870 | IRS |
| 990-EZ | December 2024 | $17,238 | $15,378 | $105,215 | IRS |
| 990-EZ | December 2023 | $14,126 | $10,892 | $103,355 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-2070795).
Questions about PHILIP MORGAN FOUNDATION
- What is the EIN of PHILIP MORGAN FOUNDATION?
- The employer identification number (EIN) of PHILIP MORGAN FOUNDATION is 87-2070795.
- Is PHILIP MORGAN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to PHILIP MORGAN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILIP MORGAN FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PHILIP MORGAN FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILIP MORGAN FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of PHILIP MORGAN FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PHILIP MORGAN FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $19,784, expenses of $20,129 and total assets of $104,870 at year end.
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All nonprofits in EMERSON · New Jersey · Philanthropy, voluntarism and grantmaking foundations