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Nonprofit · EIN 88-3844501

MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC

Tax-exempt · MATTHEWS, NC 28104

Financials

$73K$6K2023$120K$8K2024
Revenue Expenses · by fiscal year end
Financials of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$119,750$8,329$111,421$165,785$0$165,785
December 31, 2023990-EZ$73,426$6,389$67,037$76,500$0$76,500
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$119,723
Program service revenue
$0
Investment income
$27
Other revenue
$0

Expenses

Grants and similar amounts paid
$7,565
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$299
Printing, publications and postage
$380
Other expenses
$85

Balance sheet and other

Total assets, start of year
$76,500
Total assets, end of year
$165,785
Total liabilities, end of year
$0
Net assets, end of year
$165,785
Cash, savings and investments
$165,785
Gross receipts
$119,750

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jennifer GarrettPresident2$0
Doreen FalkowskiSecretary2$0
Gordon ClemonsBoard Member0$0
James FitzpatrickBoard Member0$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Jennifer GarrettPresident2$0
Doreen FalkowskiSecretary2$0
Gordon ClemonsBoard Member0$0
James FitzpatrickBoard Member0$0

Address and contacts

Address (IRS master file)
8011 WICKLOW HALL DR, MATTHEWS, NC 28104-8067
Mailing address (990-N for 2025)
8011 WICKLOW HALL DR, MATTHEWS NC 281048067
Principal officer (990-N for 2025)
Jennifer Clemons formerly Garrett, 8011 Wicklow Hall Drive, Matthews NC 28104
Signed the 990-EZ
Jennifer Garrett, President
Phone
(704) 307-5382

Mission

The Morgan Lynn Garrett Heart of Courage Foundations purpose is to grant scholarships and help other non-profit organizations Two 250000 scholarships were given to two students at Weddington High School in Weddington North Carolina Donations were also made to the following non-profit organizations American Humane - 108500 Helping A Hero - 103500 Community Foundation - 30000 and USCGA-Morgan Garrett Endowment Fund - 14500

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 0

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-3844501
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Jennifer Clemons formerly Garrett
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$119,750$8,329$165,785XML
990-EZDecember 2023$73,426$6,389$76,500XML
990-EZDecember 2022–––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 88-3844501).

Questions about MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC

What is the EIN of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC?
The employer identification number (EIN) of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC is 88-3844501.
Is MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC 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 MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC?
The 990-N for 2025 names Jennifer Clemons formerly Garrett.
Who are the officers and directors of MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MORGAN LYNN GARRETT HEART OF COURAGE FOUNDATION INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $119,750, expenses of $8,329 and total assets of $165,785 at year end.

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