Morningstar Senior Living Foundation
EIN: 471484857 · Nazareth, PA · NTEE: L11
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $230K |
| Net Assets | $5.9M |
Is Morningstar Senior Living Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morningstar Senior Living Foundation
Morningstar Senior Living Foundation (EIN: 471484857) is a nonprofit organization based in Nazareth, PA, classified under NTEE code L11. The organization reported total revenue of $1.8M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morningstar Senior Living Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morningstar Senior Living Foundation is a mid-size nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $415K |
| Total Expenses | $230K |
| Surplus / Deficit | +$186K |
| Total Assets | $5.9M |
| Total Liabilities | $20K |
| Net Assets | $5.9M |
| Operating Margin | 44.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 308.4 months |
Financial Health Grade: A
In 2023, Morningstar Senior Living Foundation reported a surplus of $186K with revenue exceeding expenses, holds 308.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | -25.1% | +6.3% |
| 2023 | -12.8% | +13.3% | +16.1% |
| 2022 | -23.2% | +10.0% | -10.3% |
| 2021 | +82.8% | -30.9% | +38.8% |
| 2020 | +26.5% | -2.2% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Morningstar Senior Living Foundation 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 Morningstar Senior Living Foundation 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 $186K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Morningstar Senior Living Foundation
Is Morningstar Senior Living Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Morningstar Senior Living Foundation (EIN: 471484857) insufficient data. 0 red flags identified, 0 strengths noted.
How does Morningstar Senior Living Foundation spend its money?
Detailed spending breakdown data is not yet available for Morningstar Senior Living Foundation. Check back for updated IRS 990 analysis.
Are donations to Morningstar Senior Living Foundation tax-deductible?
Morningstar Senior Living Foundation is registered as a tax-exempt nonprofit (EIN: 471484857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morningstar Senior Living Foundation located?
Morningstar Senior Living Foundation is headquartered in Nazareth, Pennsylvania and files with the IRS under EIN 471484857. It is classified under NTEE code L11.
How many years of IRS 990 filings does Morningstar Senior Living Foundation have?
Morningstar Senior Living 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Morningstar Senior Living Foundation showing financial trends over 10 years of public records:
Total assets increased by 590330100% over the same period, from $1 to $5.9M. In its most recent filing year (2023), Morningstar Senior Living Foundation reported a surplus of $186K, with revenue exceeding expenses. The organization holds $20K in liabilities against $5.9M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $415K | $230K | $5.9M | $20K | — | — |
| 2023 | $485K | $307K | $5.6M | $35K | — | — |
| 2022 | $557K | $271K | $4.8M | $0 | — | View 990 |
| 2021 | $725K | $246K | $5.3M | $8K | — | — |
| 2020 | $397K | $356K | $3.8M | $0 | — | View 990 |
| 2019 | $313K | $364K | $3.5M | $12K | — | View 990 |
| 2018 | $476K | $151K | $3.5M | $2K | — | View 990 |
| 2017 | $3.3M | $11K | $3.3M | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $415K, expenses of $230K, and assets of $5.9M (revenue -14.4% year-over-year).
- 2023: Revenue of $485K, expenses of $307K, and assets of $5.6M (revenue -12.8% year-over-year).
- 2022: Revenue of $557K, expenses of $271K, and assets of $4.8M (revenue -23.2% year-over-year).
- 2021: Revenue of $725K, expenses of $246K, and assets of $5.3M (revenue +82.8% year-over-year).
- 2020: Revenue of $397K, expenses of $356K, and assets of $3.8M (revenue +26.5% year-over-year).
- 2019: Revenue of $313K, expenses of $364K, and assets of $3.5M (revenue -34.1% year-over-year).
- 2018: Revenue of $476K, expenses of $151K, and assets of $3.5M (revenue -85.4% year-over-year).
- 2017: Revenue of $3.3M, expenses of $11K, and assets of $3.3M.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morningstar Senior Living Foundation:
Data Sources and Methodology
This transparency report for Morningstar Senior Living 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.