CSCharityScored
74

Morrison Institute Of Technology

Education · Morrison, Illinois

701 Portland Ave, Morrison, IL 61270-2959

EIN: 362919340· Founded: Apr 1978· 48 years active· Filing Year: 2024

Annual Revenue

$1.8M

Total Expenses

$2.0M

Total Assets

$3.1M

Program Spending

63%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$124K

6.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$830K

Total Payroll

$953K

49% of total expenses

Where the Money Goes

63%
Programs: 63%
Payroll: 49%
Other overhead: 37%
Program Revenue$1.2M (68%)
Total Expenses$2.0M (100%)
Payroll$953K (49%)
Overhead (non-program)37%

Trust Score Breakdown

Program Spending Ratio

63% of expenses go to programs

40%

Revenue & Stability

$1.8M annual revenue

15%

Executive Compensation

$124K total officer comp (6.3% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$3.1M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.