John E Morris Testamentary Trust EIN 64-6185571 Form 990 (PDF) Claim this org

John E Morris Testamentary Trust FY2022 filing

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Provides funds to support individuals with intellectual disabilities in the Pinebelt community. For fiscal year 2022 it reported $76K in revenue, $91K in expenses, and $1.4M in net assets.Pt I

Founded
2012
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Jackson, MS
Filings
6 on file (2020–2022)
Revenue
$76KFY2022
Expenses
$91K
Net assets
$1.4M
People
1
Filings
6
Updates
0
More identity details & actions ⌄
EIN  64-6185571 Public foundation / grantmaker Jackson, MS Founded 2012
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Provides funds to support individuals with intellectual disabilities in the Pinebelt community.
Leadership
Trustmark National Bank · Trustee · $18K
Money in and out
$76K revenue, $91K expenses
Bottom line
72% program efficiency
Grants paid & assets · FY2022
Total revenue
$76K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.28
Program efficiency
72%
of spending reaches programs
Operating runway
187.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$76K
FY2022▼ -41%
Expenses
$91K
FY2022▲ +15%
Total assets
$1.4M
FY2022▼ -1%
Total liabilities
$0
FY2022
Total revenue
$76K
Pt VIII · Ln 12
Total expenses
$91K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $66K of program spending, described in the organization's own filed words · FY2022.
01

Payment of funds to the ann morris memorial fund of the greater pinebelt community foundation. Amounts are distributed to charitable, tax exempt agencies or institutions dedicated to the provision of people suffering from mental retardation.

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJohn E Morris Testamentary Trust
EINHdr · item D64-6185571
Principal addressHdr · item CJackson, MS
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2012
State of legal domicileHdr · item MMS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFMar 2017

Governance & Policies

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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$18,055Pt VII · Sec A

Trustmark National Bank’s $19K as Trustee is at the 68th percentile of top reported officer pay among 129 <$100K 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
Trustmark National Bank$18,940$18,393$17,379$18,055$19,200$17,759

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.

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Statement of Revenue

Part VIII
Investment income100%$76K
Total revenueLn 12$76K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.28
Program services72%$66K
Management & general28%$26K
Total functional expensesLn 25$91K

Balance Sheet

Part X · end of year
CashLn 1$96K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed12.7

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $91K
187.9 months
Where the money goes
Program services
Program services $66K · Total expenses $91K
72%
Management & General
Management & general $26K · Total expenses $91K
28%
Fundraising
Fundraising $0 · Total expenses $91K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $76K
0%
Government reliance
Government grants — · Total revenue $76K
Earned-income share
Program service revenue $0 · Total revenue $76K
0%
Investment reliance
Investment income $76K · Total revenue $76K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $91K
0%
Growth & trend
Revenue growth (YoY)
This year $76K · Prior year $128K
-41%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $76K · Expenses $91K
-20%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
93%
People & payroll
Highest Reported Total Compensation
Individual Trustmark National Bank · Reported title TRUSTEE · Highest reported compensation $18K · Total expenses $91K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $91K
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 28%
Revenue growth -41%
Accounting fee ratio 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 · this organization's grantmaking
Grants paid · 6 grants · $371K · 2020–2025
Pinebelt FoundationMS · FY2025$62,716
Pinebelt FoundationMS · FY2024$57,831
Pinebelt FoundationMS · FY2023$59,237
Pinebelt FoundationMS · FY2022$65,594
Pinebelt FoundationMS · FY2021$60,020
Pinebelt FoundationMS · FY2020$65,831

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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)$84K revenue · ⤓ 990 PDF
FY2024$53K revenue · ⤓ 990 PDF
FY2023$42K revenue · ⤓ 990 PDF
FY2022$76K revenue · viewing · ⤓ 990 PDF
FY2021$128K revenue · ⤓ 990 PDF
FY2020$-17K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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