Morning Sun Development Corp C/O Leroy K Pierce President
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,769 | 49,074 | −23,305 | 258.0 | 0% |
| 2012 | 22,863 | 54,705 | −31,842 | 224.6 | 0% |
| 2013 | 17,266 | 45,806 | −28,540 | 260.8 | 0% |
| 2014 | 16,978 | 49,179 | −32,201 | 238.9 | 0% |
| 2015 | 23,215 | 48,709 | −25,494 | 234.9 | 0% |
| 2016 | 17,605 | 49,433 | −31,828 | 223.8 | 0% |
| 2017 | 19,675 | 43,027 | −23,352 | 250.6 | 0% |
| 2018 | 22,577 | 41,863 | −19,286 | 252.0 | 0% |
| 2019 | 19,509 | 47,992 | −28,483 | 212.7 | 0% |
| 2020 | 18,541 | 50,090 | −31,549 | 196.2 | 0% |
| 2021 | 99,508 | 81,200 | 18,308 | 123.8 | 0% |
| 2022 | 19,728 | 44,069 | −24,341 | 221.4 | 0% |
| 2023 | 24,729 | 44,177 | −19,448 | 215.6 | 0% |
In its most recent public year (2023), this organization spent $19,448 more than it brought in. Its reserves stood at about 215.6 months of spending, down from 258 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Morning Sun Development Corp C/O Leroy K Pierce President's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works