Philanthropy & Grantmaking
(T31)
IRS Verified
DX Registered
990 on File
COMMUNITY FOUNDATION OF MORGAN COUNTY INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Our mission is to bring Mooresville together in a festive celebration of Christmas Lights, spreading cheer to all while supporting local charities. Through community engagement, volunteerism, and the generosity of local businesses, we aim to create a cherished holiday tradition that illuminates the hearts of residents and visitors alike.
Financial Overview — FY 2025
$4.8M
Total Revenue
$1.8M
Total Expenses
$16.5M
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.3%
Fundraising Efficiency
N/A
Operating Reserve
108.92x
Liability-to-Asset
8.1%
Revenue Diversification
76.9%
Executive Compensation
$95K
Compared with Peers
FY 2025
Compared with 2,423 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.3% | 91.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.7% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.1% | 2.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
108.9 mo | 65.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.9% | 90.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
44.4% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
25.7% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
62.3% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $4.8M | $1.8M | $16.5M | 78.3% | 7 |
| 2024 | $3.3M | $1.4M | $12.2M | 72.6% | 7 |
| 2023 | $1.1M | $1.2M | $9.8M | 70.6% | 5 |
| 2022 | $1.2M | $1.3M | $9.1M | 70.0% | 7 |
| 2021 | $1.7M | $1.3M | N/A | — | 7 |
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