Morton Community Foundation EIN 37-1397503 Form 990 (PDF) Claim this org

Morton Community Foundation

Not yet claimed Claim this org →

Builds community endowment and makes grants to improve residents' quality of life. For fiscal year 2025 it reported $4.0M in revenue, $788K in expenses, and $17.3M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Morton, IL
Website
www.mortoncommunityfoundation.org
Filings
6 on file (2020–2025)
Revenue
$4.0MFY2025
Expenses
$788K
Net assets
$17.3M
People
17
Filings
6
Updates
0
More identity details & actions ⌄
EIN  37-1397503 Public foundation / grantmaker Morton, IL
Form 990 (PDF)
Compare with another nonprofit →
Figures match the IRS filing checked 8/26/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Morton Community Foundation claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Builds community endowment and makes grants to improve residents' quality of life.
Leadership
Scott Witzig · Executive Director · $125K
Money in and out
$4.0M revenue, $788K expenses
Bottom line
77% program efficiency
Grants paid & assets · FY2025
Total revenue
$4.0M
Pt VIII · Ln 12
Total expenses
$788K
Pt IX · Ln 25
Net assets
$17.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3.2M
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.19 Fundraising $0.04
Program efficiency
77%
of spending reaches programs▼ -6% vs prior filing year
Operating runway
344.4mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
+80%
revenue over expenses, this year▲ +60% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.0M
FY2025▲ +93%
Expenses
$788K
FY2025▼ -24%
Total assets
$19.4M
FY2025▲ +28%
Total liabilities
$2.1M
FY2025▲ +275%
Total revenue
$4.0M
Pt VIII · Ln 12
Total expenses
$788K
Pt IX · Ln 25
Net assets
$17.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3.2M
Total assetsPt X · Ln 16$19.4M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

2 program services account for $605K of program spending, described in the organization's own filed words · FY2024.
01

Through its competitive community grants program and donor-advised, designated, and field-of-interest funds, the morton community foundation connects charitable capital with local opportunities that strengthen education, enhance public spaces, support vulnerable populations, and improve overall quality of life in the morton area.

$562Kprogram expense
02

The morton community foundation administers a growing number of scholarship funds established by individuals, families, civic groups, and local businesses who are passionate about investing in the next generation.

$43Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMorton Community Foundation
EINHdr · item D37-1397503
Principal addressHdr · item CMorton, IL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T31)
Ruling yearIRS BMFAug 2000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$124,520Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Scott Witzig’s $125K as Executive Director is at the 50th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Scott Witzig$124,520$115,194$113,134$109,051$110,253$98,465

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Morton Community Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$3.3M · 83%
Investment income$667K · 17%
Other revenue$26K · 1%
Contributions & grants83%$3.3M
Investment income17%$667K
Other revenue1%$26K
Program service revenue$3K
Total revenueLn 12$4.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.19 Fundraising $0.04
Program services77%$605K
Management & general19%$149K
Fundraising4%$34K
Total functional expensesLn 25$788K

Balance Sheet

Part X · end of year
CashLn 1$2.2M
Total assetsLn 16$19.4M
Total liabilitiesLn 26$2.1M
Total net assetsLn 32$17.3M
Months of cash on handcomputed34.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $19.1M · Operating expenses (Pt IX) $788K · Less non-cash grants $122K · Cash operating expenses/yr $666K
344.4 months
Where the money goes
Program services
Program services $605K · Total expenses $788K
77%
Management & General
Management & general $149K · Total expenses $788K
19%
Fundraising
Fundraising $34K · Total expenses $788K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $64K · Solicited contributions (3-yr avg) $2.4M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.3M · Total revenue $4.0M
83%
Government reliance
Government grants — · Total revenue $4.0M
Earned-income share
Program service revenue $3K · Total revenue $4.0M
0.06%
Investment reliance
Investment income $667K · Total revenue $4.0M
+17%
Program self-sufficiency
Program service revenue $3K · Total expenses $788K
0.3%
Growth & trend
Revenue growth (YoY)
This year $4.0M · Prior year $2.1M
+93%
Revenue CAGR
FY2019 $1.5M · FY2024 $4.0M
+22%
Net-asset trend (YoY)
End of year $17.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.0M · Expenses $788K
+80%
Liabilities-to-Assets
Total liabilities — · Total assets $19.4M
Net-asset ratio
Net assets $17.3M · Total assets $19.4M
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $16.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $19.4M
87%
People & payroll
Highest Reported Total Compensation
Individual Scott Witzig · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $125K · Total expenses $788K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $178K · Total expenses $788K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 19%
Fundraising cost ratio 1%
Revenue growth 93%
Investment management fee ratio 0.2%
Accounting fee ratio 0.8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 97 grants · $1.1M · 2019–2024
Unitemized GrantFY2024$42,950
Morton Public LibraryFY2024$19,000
Morton Park DistrictFY2024$15,000
Morton Police DepartmentFY2024$11,180
Peoria Christian School INCIL · FY2024$9,500
Salem4youthIL · FY2024$7,200
Blessed Sacrament SchoolFY2024$6,000
ScholarshipsFY2023$35,400
Unitemized GrantFY2023$34,100
Salem4youthFY2023$22,500
Morton High SchoolFY2023$10,161
Historical Society of PrincevilleFY2023$9,500
Morton Chamber of CommerceIL · FY2023$8,700
See all 97 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$4.0M revenue · viewing · ⤓ 990 PDF
FY2024$2.1M revenue · ⤓ 990 PDF
FY2023$2.7M revenue · ⤓ 990 PDF
FY2022$3.8M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.