Morning Star Community Nfp Inc
Morning Star Community Nfp Inc. consistently operates at a deficit, with declining assets and increasing liabilities over the past decade.
EIN: 205688747 · Marion, OH · NTEE: L21 · Updated: 2026-03-28
Is Morning Star Community Nfp Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morning Star Community Nfp Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morning Star Community Nfp Inc
Morning Star Community Nfp Inc (EIN: 205688747) is a nonprofit organization based in Marion, OH, classified under NTEE code L21. The organization reported total revenue of $535K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morning Star Community Nfp Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morning Star Community Nfp Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Morning Star Community Nfp Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, which is a strong positive for transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Morning Star Community Nfp Inc's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $230,999 deficit in 2023).
- Steady decline in total assets over the past decade (from $5,045,207 in 2014 to $2,542,209 in 2023).
- Substantial and increasing liabilities (from $6,572,998 in 2014 to $6,579,164 in 2023).
- Expenses consistently exceeding revenue for over 10 years.
Strengths
The following positive indicators were identified for Morning Star Community Nfp Inc:
- Reports 0% officer compensation, indicating no executive salaries or benefits.
- Long filing history (13 filings) provides a comprehensive view of financial trends.
Frequently Asked Questions about Morning Star Community Nfp Inc
Is Morning Star Community Nfp Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morning Star Community Nfp Inc (EIN: 205688747) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Morning Star Community Nfp Inc spend its money?
Morning Star Community Nfp Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Morning Star Community Nfp Inc tax-deductible?
Morning Star Community Nfp Inc is registered as a tax-exempt nonprofit (EIN: 205688747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Morning Star Community Nfp Inc. financially sustainable?
Based on the consistent and significant deficits, declining assets, and increasing liabilities over the past decade, the organization's financial sustainability appears to be at high risk. Expenses have consistently exceeded revenue, leading to a substantial erosion of assets.
What is the cause of the increasing liabilities?
The filings show a consistent increase in liabilities, reaching $6,579,164 in 2023. Without more detailed financial statements, it's difficult to pinpoint the exact cause, but it suggests significant debt or other financial obligations that are not being offset by revenue.
How does the organization plan to address its financial deficits?
The IRS 990 data does not provide insight into the organization's strategies for addressing its persistent financial deficits. This is a critical question for potential donors or stakeholders.
Filing History
IRS 990 filing history for Morning Star Community Nfp Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morning Star Community Nfp Inc's revenue has grown by 123.3%, moving from $233K to $519K. Total assets decreased by 56.8% over the same period, from $5.9M to $2.5M. Total functional expenses rose by 30.8%, from $574K to $750K. In its most recent filing year (2023), Morning Star Community Nfp Inc reported a deficit of $231K, with expenses exceeding revenue. The organization holds $6.6M in liabilities against $2.5M in assets (debt-to-asset ratio: 258.8%), resulting in net assets of $-4,036,955.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $519K | $750K | $2.5M | $6.6M | — | — |
| 2022 | $522K | $782K | $2.7M | $6.5M | — | View 990 |
| 2021 | $503K | $753K | $3.0M | $6.5M | — | View 990 |
| 2020 | $510K | $717K | $3.2M | $6.5M | — | View 990 |
| 2019 | $494K | $739K | $3.4M | $6.5M | — | View 990 |
| 2018 | $488K | $769K | $3.7M | $6.5M | — | View 990 |
| 2017 | $464K | $787K | $3.9M | $6.5M | — | View 990 |
| 2016 | $458K | $857K | $4.4M | $6.7M | — | View 990 |
| 2015 | $457K | $771K | $4.8M | $6.6M | — | View 990 |
| 2014 | $448K | $754K | $5.0M | $6.6M | — | View 990 |
| 2013 | $412K | $738K | $5.3M | $6.5M | — | View 990 |
| 2012 | $408K | $673K | $5.7M | $6.6M | — | View 990 |
| 2011 | $233K | $574K | $5.9M | $6.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $519K, expenses of $750K, and assets of $2.5M (revenue -0.4% year-over-year).
- 2022: Revenue of $522K, expenses of $782K, and assets of $2.7M (revenue +3.7% year-over-year).
- 2021: Revenue of $503K, expenses of $753K, and assets of $3.0M (revenue -1.2% year-over-year).
- 2020: Revenue of $510K, expenses of $717K, and assets of $3.2M (revenue +3.3% year-over-year).
- 2019: Revenue of $494K, expenses of $739K, and assets of $3.4M (revenue +1.1% year-over-year).
- 2018: Revenue of $488K, expenses of $769K, and assets of $3.7M (revenue +5.1% year-over-year).
- 2017: Revenue of $464K, expenses of $787K, and assets of $3.9M (revenue +1.4% year-over-year).
- 2016: Revenue of $458K, expenses of $857K, and assets of $4.4M (revenue +0.1% year-over-year).
- 2015: Revenue of $457K, expenses of $771K, and assets of $4.8M (revenue +2.0% year-over-year).
- 2014: Revenue of $448K, expenses of $754K, and assets of $5.0M (revenue +9.0% year-over-year).
- 2013: Revenue of $412K, expenses of $738K, and assets of $5.3M (revenue +0.9% year-over-year).
- 2012: Revenue of $408K, expenses of $673K, and assets of $5.7M (revenue +75.4% year-over-year).
- 2011: Revenue of $233K, expenses of $574K, and assets of $5.9M.
Data Sources and Methodology
This transparency report for Morning Star Community Nfp Inc 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.