Morningstar Learning Center Inc

Morningstar Learning Center Inc shows strong revenue growth and no reported officer compensation.

EIN: 205113402 · Big Sky, MT · NTEE: B21 · Updated: 2026-03-28

$1.7MRevenue

$1.9MAssets

95/100Mission Score (Excellent)

B21

About Morningstar Learning Center Inc

Morningstar Learning Center Inc (EIN: 205113402) is a nonprofit organization based in Big Sky, MT, classified under NTEE code B21. The organization reported total revenue of $1.7M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morningstar Learning Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Morningstar Learning Center Inc demonstrates strong financial health and growth, with its revenue increasing significantly from $599,693 in 2020 to $2,069,964 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $2,069,964 exceeded expenses of $1,388,223, indicating effective financial management. Its asset base has also grown substantially, from $891,531 in 2020 to $1,957,011 in 2023, suggesting good stewardship of resources and capacity building.

The organization appears to be highly efficient in its spending, with a significant portion of its budget likely directed towards its programs, given the absence of reported officer compensation and the healthy surpluses. The consistent growth in assets and revenue, coupled with manageable liabilities, points to a stable and expanding operation. The lack of reported officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its spending efficiency and transparency.

Overall, Morningstar Learning Center Inc exhibits robust financial performance, efficient resource allocation, and a high degree of transparency, particularly concerning executive compensation. The consistent growth and positive financial indicators across multiple years reflect a well-managed and impactful nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Morningstar Learning Center Inc with a Mission Score of 95 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Morningstar Learning Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Morningstar Learning Center Inc reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size with $2,069,964 in revenue in 2023. This suggests a strong commitment to directing funds towards program services.

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 Morningstar Learning Center Inc's IRS 990 filings:

Unusually low reported liabilities relative to assets in some periods (e.g., $7,665 liabilities vs $623,826 assets in 2018), which could warrant further investigation into financial structure.

Strengths

The following positive indicators were identified for Morningstar Learning Center Inc:

Strong revenue growth, increasing from $599,693 in 2020 to $2,069,964 in 2023.
Consistent financial surpluses, with revenue exceeding expenses in most reported periods (e.g., $2,069,964 revenue vs $1,388,223 expenses in 2023).
Significant asset growth, from $891,531 in 2020 to $1,957,011 in 2023.
No reported officer compensation across all filings, indicating high efficiency and dedication of funds to programs.
Manageable liabilities relative to assets, suggesting financial stability.

Frequently Asked Questions about Morningstar Learning Center Inc

Is Morningstar Learning Center Inc a good charity?

Based on the available data, Morningstar Learning Center Inc appears to be a very good charity. It demonstrates strong financial growth, consistent surpluses, and no reported officer compensation, indicating efficient use of funds for its mission.

How has Morningstar Learning Center Inc's revenue changed over time?

Morningstar Learning Center Inc has experienced significant revenue growth, increasing from $599,693 in 2020 to $2,069,964 in 2023, representing over a 245% increase in three years.

What is Morningstar Learning Center Inc's asset growth like?

The organization's assets have grown substantially, from $891,531 in 2020 to $1,957,011 in 2023, indicating strong financial health and capacity building.

Filing History

IRS 990 filing history for Morningstar Learning Center Inc showing financial trends over 12 years of public records:

Total assets increased by 1322.7% over the same period, from $138K to $2.0M. Total functional expenses rose by 457.9%, from $249K to $1.4M. In its most recent filing year (2023), Morningstar Learning Center Inc reported a surplus of $682K, with revenue exceeding expenses. The organization holds $181K in liabilities against $2.0M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $1.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.1M	$1.4M	$2.0M	$181K	—	View 990
2022	$1.3M	$998K	$1.3M	$219K	—	View 990
2020	$600K	$551K	$892K	$236K	—	View 990
2019	$583K	$592K	$826K	$220K	—	View 990
2018	$592K	$503K	$624K	$8K	—	View 990
2017	$389K	$353K	$548K	$21K	—	View 990
2016	$317K	$346K	$504K	$13K	—	View 990
2015	$321K	$366K	$527K	$7K	—	View 990
2014	$413K	$353K	$585K	$19K	—	View 990
2013	$748K	$315K	$528K	$22K	—	View 990
2012	$311K	$272K	$410K	$336K	—	View 990
2011	$-176,432	$249K	$138K	$104K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.1M, expenses of $1.4M, and assets of $2.0M (revenue +59.6% year-over-year).
2022: Revenue of $1.3M, expenses of $998K, and assets of $1.3M (revenue +116.2% year-over-year).
2020: Revenue of $600K, expenses of $551K, and assets of $892K (revenue +2.9% year-over-year).
2019: Revenue of $583K, expenses of $592K, and assets of $826K (revenue -1.6% year-over-year).
2018: Revenue of $592K, expenses of $503K, and assets of $624K (revenue +52.1% year-over-year).
2017: Revenue of $389K, expenses of $353K, and assets of $548K (revenue +22.7% year-over-year).
2016: Revenue of $317K, expenses of $346K, and assets of $504K (revenue -1.1% year-over-year).
2015: Revenue of $321K, expenses of $366K, and assets of $527K (revenue -22.3% year-over-year).
2014: Revenue of $413K, expenses of $353K, and assets of $585K (revenue -44.8% year-over-year).
2013: Revenue of $748K, expenses of $315K, and assets of $528K (revenue +140.2% year-over-year).
2012: Revenue of $311K, expenses of $272K, and assets of $410K.
2011: Revenue of $-176,432, expenses of $249K, and assets of $138K.

Data Sources and Methodology

This transparency report for Morningstar Learning Center 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.