Morning Star Foundation

Morning Star Foundation shows consistent asset growth and zero executive compensation over a decade.

EIN: 201269967 · Enterprise, AL · NTEE: T20 · Updated: 2026-03-28

$227KRevenue
$567KAssets
85/100Mission Score (Excellent)
T20

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Morning Star Foundation Financial Summary
MetricValue
Total Revenue$227K
Total Expenses$61K
Program Spending80%
Net Assets$518K
Transparency Score85/100

Search Intent Cockpit

Morning Star Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Morning Star Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Morning Star Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $72K and expenses of $61K.

Revenue and Expenses

Morning Star Foundation reported $72K in revenue and $61K in expenses, a surplus of $11K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.

Is Morning Star Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Morning Star Foundation Expense Deployment
Program services$49K (80%)

Across stored filings, Morning Star Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Morning Star Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend80% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Association Of Tourist Railroads And Railway Museums IncAlabama and Philanthropy context

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Morning Star Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Morning Star Foundation

Morning Star Foundation (EIN: 201269967) is a nonprofit organization based in Enterprise, AL, classified under NTEE code T20. The organization reported total revenue of $227K and total assets of $567K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morning Star Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Morning Star Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$72K
Total Expenses$61K
Surplus / Deficit+$11K
Total Assets$518K
Total Liabilities$1
Net Assets$518K
Operating Margin14.9%
Debt-to-Asset Ratio0.0%
Months of Reserves101.7 months

Financial Health Grade: A

In 2023, Morning Star Foundation reported a surplus of $11K with revenue exceeding expenses, holds 101.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Morning Star Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-32.2%-48.1%+2.1%
2022-20.9%+48.5%-2.3%
2021+174.2%+33.1%+11.7%
2020-2.9%+25.4%-2.3%
2019-37.3%+54.0%+14.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Morning Star Foundation demonstrates consistent financial stability with growing assets over the past decade, reaching $567,449. The organization has maintained a very low liability profile, often reporting only $1 in liabilities, which is a strong indicator of fiscal prudence. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of zero officer compensation across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative overhead. However, without detailed expense categories, a precise assessment of spending efficiency is challenging. The organization's revenue has fluctuated, with a notable increase in the latest reported revenue of $227,165, significantly higher than previous years. This growth, coupled with a history of expenses generally staying below or close to revenue, indicates a healthy financial trajectory. The consistent filing of IRS Form 990s over ten periods reflects a commitment to transparency, although the level of detail within those filings would determine the depth of that transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Morning Star Foundation with a Mission Score of 85 out of 100 (Excellent). 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Morning Star Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$72KTotal Revenue
$61KTotal Expenses
$518KTotal Assets
$1Total Liabilities
$518KNet Assets
  • The organization reported a surplus of $11K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all ten filings, indicating a volunteer-led organization, which is highly commendable for an organization with assets growing to over half a million dollars.

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 Foundation's IRS 990 filings:

  • Lack of detailed expense breakdown in provided summary data makes precise efficiency analysis difficult.

Strengths

The following positive indicators were identified for Morning Star Foundation:

  • Consistent asset growth from $335,869 in 2011 to $567,449 currently.
  • Zero officer compensation reported across all ten filings, indicating volunteer leadership.
  • Very low liabilities, often $1, demonstrating strong financial management.
  • Consistent IRS 990 filing history over a decade, indicating good transparency practices.
  • Latest revenue of $227,165 shows significant growth and financial support.

Frequently Asked Questions about Morning Star Foundation

Is Morning Star Foundation a legitimate charity?

Morning Star Foundation (EIN: 201269967) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $227K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Morning Star Foundation spend its money?

Morning Star Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Morning Star Foundation tax-deductible?

Morning Star Foundation is registered as a tax-exempt nonprofit (EIN: 201269967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Morning Star Foundation's spending goes to programs?

Morning Star Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Morning Star Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Morning Star Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Morning Star Foundation located?

Morning Star Foundation is headquartered in Enterprise, Alabama and files with the IRS under EIN 201269967. It is classified under NTEE code T20.

How many years of IRS 990 filings does Morning Star Foundation have?

Morning Star Foundation has 10 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 $227K in total revenue.

What are the specific program activities Morning Star Foundation engages in?

The provided data does not detail specific program activities, only financial summaries. Further review of their full IRS 990 forms would be necessary to understand their programs.

How does Morning Star Foundation manage to operate with zero officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership is entirely volunteer-based, which significantly reduces administrative costs.

What caused the significant increase in revenue to $227,165 in the latest period?

The provided data does not specify the source of the revenue increase. It could be due to a large grant, a successful fundraising campaign, or increased donations.

Filing History

IRS 990 filing history for Morning Star Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Morning Star Foundation's revenue has grown by 468.9%, moving from $13K to $72K. Total assets increased by 54.3% over the same period, from $336K to $518K. Total functional expenses rose by 226.9%, from $19K to $61K. In its most recent filing year (2023), Morning Star Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1 in liabilities against $518K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $518K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $72K $61K $518K $1 View 990
2022 $106K $118K $507K $1 View 990
2021 $134K $79K $519K $1
2020 $49K $60K $465K $1 View 990
2019 $50K $48K $476K $0 View 990
2015 $80K $31K $414K $0 View 990
2014 $38K $23K $365K $0 View 990
2013 $28K $26K $350K $0 View 990
2012 $30K $18K $348K $0 View 990
2011 $13K $19K $336K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $72K, expenses of $61K, and assets of $518K (revenue -32.2% year-over-year).
  • 2022: Revenue of $106K, expenses of $118K, and assets of $507K (revenue -20.9% year-over-year).
  • 2021: Revenue of $134K, expenses of $79K, and assets of $519K (revenue +174.2% year-over-year).
  • 2020: Revenue of $49K, expenses of $60K, and assets of $465K (revenue -2.9% year-over-year).
  • 2019: Revenue of $50K, expenses of $48K, and assets of $476K (revenue -37.3% year-over-year).
  • 2015: Revenue of $80K, expenses of $31K, and assets of $414K (revenue +112.5% year-over-year).
  • 2014: Revenue of $38K, expenses of $23K, and assets of $365K (revenue +34.5% year-over-year).
  • 2013: Revenue of $28K, expenses of $26K, and assets of $350K (revenue -7.5% year-over-year).
  • 2012: Revenue of $30K, expenses of $18K, and assets of $348K (revenue +140.3% year-over-year).
  • 2011: Revenue of $13K, expenses of $19K, and assets of $336K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Morning Star Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Morning Star Foundation 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.

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