Morningside Ministries Foundation Inc
EIN: 742927605 · San Antonio, TX · NTEE: X02
| Metric | Value |
|---|---|
| Total Expenses | $6.1M |
| Net Assets | $128.5M |
Is Morningside Ministries 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 Ministries Foundation Inc
Morningside Ministries Foundation Inc (EIN: 742927605) is a nonprofit organization based in San Antonio, TX, classified under NTEE code X02. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morningside Ministries Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morningside Ministries Foundation Inc is a large nonprofit that has been operating for 27 years, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 53.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $44.5M |
| Total Expenses | $6.1M |
| Surplus / Deficit | +$38.4M |
| Total Assets | $128.5M |
| Total Liabilities | $11K |
| Net Assets | $128.5M |
| Operating Margin | 86.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 251.2 months |
Financial Health Grade: A
In 2016, Morningside Ministries Foundation Inc reported a surplus of $38.4M with revenue exceeding expenses, holds 251.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), Morningside Ministries Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 53.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +454.0% | +9.8% | +42.7% |
| 2015 | +40.9% | +22.8% | +0.8% |
| 2014 | +59.9% | -19.2% | +0.1% |
| 2013 | -26.2% | +11.3% | -3.9% |
| 2012 | -8.3% | +1.1% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morningside Ministries 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 Ministries 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Morningside Ministries Foundation Inc
Is Morningside Ministries Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morningside Ministries Foundation Inc (EIN: 742927605) insufficient data. 0 red flags identified, 0 strengths noted.
How does Morningside Ministries Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Morningside Ministries Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Morningside Ministries Foundation Inc tax-deductible?
Morningside Ministries Foundation Inc is registered as a tax-exempt nonprofit (EIN: 742927605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morningside Ministries Foundation Inc located?
Morningside Ministries Foundation Inc is headquartered in San Antonio, Texas and files with the IRS under EIN 742927605. It is classified under NTEE code X02.
How many years of IRS 990 filings does Morningside Ministries Foundation Inc have?
Morningside Ministries Foundation Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Morningside Ministries Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Morningside Ministries Foundation Inc's revenue has grown by 743.8%, moving from $5.3M to $44.5M. Total assets increased by 44.1% over the same period, from $89.2M to $128.5M. Total functional expenses rose by 22.5%, from $5.0M to $6.1M. In its most recent filing year (2016), Morningside Ministries Foundation Inc reported a surplus of $38.4M, with revenue exceeding expenses. The organization holds $11K in liabilities against $128.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $128.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $44.5M | $6.1M | $128.5M | $11K | — | View 990 |
| 2015 | $8.0M | $5.6M | $90.1M | $15K | — | View 990 |
| 2014 | $5.7M | $4.6M | $89.4M | $8K | — | View 990 |
| 2013 | $3.6M | $5.6M | $89.3M | $67K | — | View 990 |
| 2012 | $4.8M | $5.1M | $93.0M | $50.4M | — | View 990 |
| 2011 | $5.3M | $5.0M | $89.2M | $52.3M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $44.5M, expenses of $6.1M, and assets of $128.5M (revenue +454.0% year-over-year).
- 2015: Revenue of $8.0M, expenses of $5.6M, and assets of $90.1M (revenue +40.9% year-over-year).
- 2014: Revenue of $5.7M, expenses of $4.6M, and assets of $89.4M (revenue +59.9% year-over-year).
- 2013: Revenue of $3.6M, expenses of $5.6M, and assets of $89.3M (revenue -26.2% year-over-year).
- 2012: Revenue of $4.8M, expenses of $5.1M, and assets of $93.0M (revenue -8.3% year-over-year).
- 2011: Revenue of $5.3M, expenses of $5.0M, and assets of $89.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morningside Ministries Foundation Inc:
Data Sources and Methodology
This transparency report for Morningside Ministries 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.