Transparency & Governance
MurphsLife Foundation is committed to full accountability and responsible stewardship of every dollar donated.
Our Commitment to Transparency
MurphsLife Foundation holds a Platinum Transparency rating from Candid (GuideStar), the highest level of nonprofit transparency certification. We are a registered 501(c)(3) organization and file annual Form 990 returns with the IRS, which are publicly available.
We believe our donors deserve to know exactly how their contributions are used. This page provides access to our financial disclosures, governance policies, and program outcomes.
Organization Information
Financial Highlights
Source: IRS Form 990 filings. All figures in USD.
| Fiscal Year | Total Revenue | Total Expenses | Net Assets | Program Ratio |
|---|---|---|---|---|
| 2024 | $1,716,023 | $2,268,545 | $3,098,061 | 88.21% |
| 2023 | $3,185,010 | $2,193,286 | $3,582,326 | ~88% |
| 2022 | $3,726,574 | $1,786,565 | $2,576,326 | ~88% |
Program Expense Ratio represents the percentage of expenses directed to programs vs. administration and fundraising. A ratio above 75% is considered excellent by charity watchdog standards.
Governance Policies
The following policies govern the operations of MurphsLife Foundation and are reviewed annually by our Board of Directors.
Conflict of Interest Policy
Board members, officers, and key employees are required to disclose any actual or potential conflicts of interest annually and recuse themselves from decisions where a conflict exists. This policy ensures that all decisions are made in the best interest of the Foundation and the communities we serve.
Whistleblower Protection Policy
MurphsLife Foundation encourages reporting of suspected illegal activity, fraud, or violations of our policies. We prohibit retaliation against any person who in good faith reports a concern. Reports may be made confidentially to the Board Chair or directly to our legal counsel.
Document Retention and Destruction Policy
We retain financial records for a minimum of 7 years as required by IRS regulations. Board minutes and governance documents are retained permanently. Electronic records are backed up regularly. No documents relevant to pending litigation or government investigations shall be destroyed.
Gift Acceptance Policy
MurphsLife Foundation accepts cash, check, credit card, and electronic donations. Non-cash gifts (including cryptocurrency, securities, and in-kind donations) are evaluated by the Executive Director before acceptance. We reserve the right to decline gifts that conflict with our mission or create undue burden.
Compensation Policy
Compensation for all employees is reviewed annually by the Board of Directors and set at levels comparable to similar nonprofit organizations. Executive compensation is disclosed in our annual Form 990 filing.
IRS Form 990 Filings
As a 501(c)(3) organization, MurphsLife Foundation files an annual Form 990 with the IRS. These public documents provide detailed information about our finances, programs, and governance.
Form 990 — Fiscal Year 2024
Filed September 11, 2025
Form 990 — Fiscal Year 2023
Filed October 5, 2024
Form 990 — Fiscal Year 2022
Filed November 16, 2023
Questions?
If you have questions about our finances, governance, or programs, we welcome your inquiry.