The Morning Foundation
EIN: 742803921 · Saint Paul, MN · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $415K |
| Net Assets | $7.2M |
Is The Morning Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Morning Foundation
The Morning Foundation (EIN: 742803921) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code T22Z. The organization reported total revenue of $1.0M and total assets of $7.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Morning Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Morning Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $415K |
| Surplus / Deficit | +$270K |
| Total Assets | $7.2M |
| Total Liabilities | $1 |
| Net Assets | $7.2M |
| Operating Margin | 39.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 208.5 months |
Financial Health Grade: A
In 2023, The Morning Foundation reported a surplus of $270K with revenue exceeding expenses, holds 208.5 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), The Morning Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.6% | -5.4% | +3.0% |
| 2022 | -43.5% | +21.8% | +0.5% |
| 2021 | +183.8% | +5.2% | +8.3% |
| 2020 | -51.7% | -0.9% | +2.5% |
| 2019 | +114.4% | +25.7% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Morning 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 The Morning 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 $270K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Morning Foundation
Is The Morning Foundation a legitimate charity?
The Morning Foundation (EIN: 742803921) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. Financial health grade: A.
How does The Morning Foundation spend its money?
The Morning Foundation reported $1.0M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Morning Foundation tax-deductible?
The Morning Foundation is registered as a tax-exempt nonprofit (EIN: 742803921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Morning Foundation located?
The Morning Foundation is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 742803921. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does The Morning Foundation have?
The Morning 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for The Morning Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Morning Foundation's revenue has grown by 293.5%, moving from $174K to $685K. Total assets increased by 288.4% over the same period, from $1.9M to $7.2M. Total functional expenses rose by 79.6%, from $231K to $415K. In its most recent filing year (2023), The Morning Foundation reported a surplus of $270K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $685K | $415K | $7.2M | $1 | — | View 990 |
| 2022 | $449K | $438K | $7.0M | $1 | — | View 990 |
| 2021 | $794K | $360K | $7.0M | $1 | — | View 990 |
| 2020 | $280K | $342K | $6.4M | $1 | — | — |
| 2019 | $580K | $345K | $6.3M | $1 | — | View 990 |
| 2015 | $271K | $275K | $5.3M | $1 | — | View 990 |
| 2014 | $446K | $146K | $5.0M | $1 | — | View 990 |
| 2013 | $3.1M | $329K | $4.7M | $1 | — | View 990 |
| 2012 | $274K | $248K | $1.9M | $1 | — | View 990 |
| 2011 | $174K | $231K | $1.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $685K, expenses of $415K, and assets of $7.2M (revenue +52.6% year-over-year).
- 2022: Revenue of $449K, expenses of $438K, and assets of $7.0M (revenue -43.5% year-over-year).
- 2021: Revenue of $794K, expenses of $360K, and assets of $7.0M (revenue +183.8% year-over-year).
- 2020: Revenue of $280K, expenses of $342K, and assets of $6.4M (revenue -51.7% year-over-year).
- 2019: Revenue of $580K, expenses of $345K, and assets of $6.3M (revenue +114.4% year-over-year).
- 2015: Revenue of $271K, expenses of $275K, and assets of $5.3M (revenue -39.4% year-over-year).
- 2014: Revenue of $446K, expenses of $146K, and assets of $5.0M (revenue -85.6% year-over-year).
- 2013: Revenue of $3.1M, expenses of $329K, and assets of $4.7M (revenue +1031.9% year-over-year).
- 2012: Revenue of $274K, expenses of $248K, and assets of $1.9M (revenue +57.4% year-over-year).
- 2011: Revenue of $174K, expenses of $231K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Morning Foundation:
Data Sources and Methodology
This transparency report for The Morning 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.