Morning Center
EIN: 461254285 · Memphis, TN · NTEE: E30
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.7M |
| Net Assets | $789K |
Is Morning Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morning Center
Morning Center (EIN: 461254285) is a nonprofit organization based in Memphis, TN, classified under NTEE code E30. The organization reported total revenue of $1.3M and total assets of $907K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morning Center is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-38,402 |
| Total Assets | $950K |
| Total Liabilities | $161K |
| Net Assets | $789K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Morning Center reported a deficit of $38K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Morning Center's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.4% | +33.8% | +7.7% |
| 2022 | +14.8% | +16.0% | +19.2% |
| 2021 | +7.8% | +2.0% | +36.8% |
| 2020 | -10.5% | +3.4% | +15.5% |
| 2019 | +14.4% | -10.9% | +133.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morning Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morning Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.0%.
Frequently Asked Questions about Morning Center
Is Morning Center a legitimate charity?
Morning Center (EIN: 461254285) is a registered tax-exempt nonprofit based in Tennessee. It has 9 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Morning Center spend its money?
Morning Center reported $1.3M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morning Center tax-deductible?
Morning Center is registered as a tax-exempt nonprofit (EIN: 461254285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morning Center located?
Morning Center is headquartered in Memphis, Tennessee and files with the IRS under EIN 461254285. It is classified under NTEE code E30.
How many years of IRS 990 filings does Morning Center have?
Morning Center has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Morning Center showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Morning Center's revenue has grown by 223.6%, moving from $521K to $1.7M. Total assets increased by 707.2% over the same period, from $118K to $950K. Total functional expenses rose by 238.7%, from $509K to $1.7M. In its most recent filing year (2023), Morning Center reported a deficit of $38K, with expenses exceeding revenue. The organization holds $161K in liabilities against $950K in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $789K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.7M | $950K | $161K | — | — |
| 2022 | $1.4M | $1.3M | $883K | $60K | — | View 990 |
| 2021 | $1.3M | $1.1M | $741K | $74K | — | — |
| 2020 | $1.2M | $1.1M | $542K | $25K | — | View 990 |
| 2019 | $1.3M | $1.1M | $469K | $33K | — | View 990 |
| 2018 | $1.1M | $1.2M | $201K | $0 | — | View 990 |
| 2017 | $794K | $1.0M | $260K | $6K | — | — |
| 2016 | $1.1M | $732K | $475K | $1K | — | View 990 |
| 2015 | $521K | $509K | $118K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.7M, and assets of $950K (revenue +16.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $883K (revenue +14.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $741K (revenue +7.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $542K (revenue -10.5% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $469K (revenue +14.4% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $201K (revenue +44.1% year-over-year).
- 2017: Revenue of $794K, expenses of $1.0M, and assets of $260K (revenue -27.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $732K, and assets of $475K (revenue +108.9% year-over-year).
- 2015: Revenue of $521K, expenses of $509K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morning Center:
Data Sources and Methodology
This transparency report for Morning Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.