Morning Star Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,125,882 | 1,093,598 | 32,284 | 4.8 | 38% |
| 2012 | 1,270,556 | 987,392 | 283,164 | 8.8 | 39% |
| 2013 | 1,650,038 | 1,511,351 | 138,687 | 6.8 | 49% |
| 2014 | 1,679,426 | 1,669,036 | 10,390 | 6.3 | 49% |
| 2015 | 1,195,744 | 1,365,783 | −170,039 | 6.2 | 55% |
| 2016 | 1,170,388 | 1,280,092 | −109,704 | 5.6 | 52% |
| 2017 | 1,222,247 | 1,322,993 | −100,746 | 4.5 | 54% |
| 2018 | 1,154,094 | 1,114,986 | 39,108 | 5.7 | 48% |
| 2019 | 1,326,544 | 1,297,227 | 29,317 | 5.2 | 53% |
| 2020 | 1,538,774 | 1,333,770 | 205,004 | 6.9 | 49% |
| 2021 | 2,521,955 | 1,489,390 | 1,032,565 | 14.5 | 45% |
| 2022 | 2,028,180 | 1,911,328 | 116,852 | 12.0 | 29% |
| 2023 | 1,932,486 | 1,995,779 | −63,293 | 11.1 | 41% |
In its most recent public year (2023), this organization spent $63,293 more than it brought in. Its reserves stood at about 11.1 months of spending, up from 4.8 in 2011. Staff pay was 41% of spending. $1,084,057 of its net assets are donor-restricted.
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 Star Development'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