Morningside Elementary School Foundation Inc
EIN: 61811493 · Atlanta, GA · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $301K |
| Total Expenses | $180K |
| Net Assets | $301K |
Is Morningside Elementary School Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morningside Elementary School Foundation Inc
Morningside Elementary School Foundation Inc (EIN: 61811493) is a nonprofit organization based in Atlanta, GA, classified under NTEE code O50. The organization reported total revenue of $301K and total assets of $305K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morningside Elementary School Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morningside Elementary School Foundation Inc is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $180K |
| Surplus / Deficit | +$46K |
| Total Assets | $301K |
| Net Assets | $301K |
| Operating Margin | 20.3% |
| Months of Reserves | 20.1 months |
Financial Health Grade: A
In 2023, Morningside Elementary School Foundation Inc reported a surplus of $46K with revenue exceeding expenses, holds 20.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Morningside Elementary School Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | -18.3% | +18.0% |
| 2022 | +24.0% | +232.0% | -8.2% |
| 2021 | +84.8% | -50.9% | +50.3% |
| 2020 | -49.2% | +1.0% | -21.0% |
| 2019 | -11.3% | +16.5% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morningside Elementary School Foundation Inc 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 Morningside Elementary School Foundation Inc 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 surplus of $46K, with revenue exceeding expenses.
Frequently Asked Questions about Morningside Elementary School Foundation Inc
Is Morningside Elementary School Foundation Inc a legitimate charity?
Morningside Elementary School Foundation Inc (EIN: 61811493) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $301K. No red flags identified. Financial health grade: A.
How does Morningside Elementary School Foundation Inc spend its money?
Morningside Elementary School Foundation Inc reported $301K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morningside Elementary School Foundation Inc tax-deductible?
Morningside Elementary School Foundation Inc is registered as a tax-exempt nonprofit (EIN: 61811493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morningside Elementary School Foundation Inc located?
Morningside Elementary School Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 61811493. It is classified under NTEE code O50.
How many years of IRS 990 filings does Morningside Elementary School Foundation Inc have?
Morningside Elementary School Foundation Inc has 13 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 $301K in total revenue.
Filing History
IRS 990 filing history for Morningside Elementary School Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Morningside Elementary School Foundation Inc's revenue has grown by 202.7%, moving from $75K to $226K. Total assets increased by 232.7% over the same period, from $91K to $301K. Total functional expenses rose by 203.9%, from $59K to $180K. In its most recent filing year (2023), Morningside Elementary School Foundation Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $180K | $301K | $0 | — | — |
| 2022 | $198K | $221K | $255K | $0 | — | — |
| 2021 | $159K | $66K | $278K | $0 | — | — |
| 2020 | $86K | $135K | $185K | $0 | — | — |
| 2019 | $170K | $134K | $234K | $0 | — | View 990 |
| 2018 | $191K | $115K | $199K | $0 | — | View 990 |
| 2017 | $145K | $178K | $122K | $0 | — | View 990 |
| 2016 | $124K | $99K | $155K | $0 | — | View 990 |
| 2015 | $105K | $140K | $130K | $0 | — | View 990 |
| 2014 | $104K | $58K | $165K | $0 | — | View 990 |
| 2013 | $107K | $43K | $119K | $0 | — | View 990 |
| 2012 | $69K | $91K | $55K | $279 | — | View 990 |
| 2011 | $75K | $59K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $180K, and assets of $301K (revenue +14.3% year-over-year).
- 2022: Revenue of $198K, expenses of $221K, and assets of $255K (revenue +24.0% year-over-year).
- 2021: Revenue of $159K, expenses of $66K, and assets of $278K (revenue +84.8% year-over-year).
- 2020: Revenue of $86K, expenses of $135K, and assets of $185K (revenue -49.2% year-over-year).
- 2019: Revenue of $170K, expenses of $134K, and assets of $234K (revenue -11.3% year-over-year).
- 2018: Revenue of $191K, expenses of $115K, and assets of $199K (revenue +31.9% year-over-year).
- 2017: Revenue of $145K, expenses of $178K, and assets of $122K (revenue +16.8% year-over-year).
- 2016: Revenue of $124K, expenses of $99K, and assets of $155K (revenue +18.3% year-over-year).
- 2015: Revenue of $105K, expenses of $140K, and assets of $130K (revenue +0.5% year-over-year).
- 2014: Revenue of $104K, expenses of $58K, and assets of $165K (revenue -2.0% year-over-year).
- 2013: Revenue of $107K, expenses of $43K, and assets of $119K (revenue +54.2% year-over-year).
- 2012: Revenue of $69K, expenses of $91K, and assets of $55K (revenue -7.4% year-over-year).
- 2011: Revenue of $75K, expenses of $59K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morningside Elementary School Foundation Inc:
Data Sources and Methodology
This transparency report for Morningside Elementary School Foundation 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.