Morning Star Foundation
- Assets
- $518.1k
- Revenue
- $71.8k
- Investments
- $497.1k
- Employees
- 0
- Location
- Enterprise, AL
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 20-1269967
Organization Overview
Morning Star Foundation is located in Enterprise, AL. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morning Star Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Morning Star Foundation generated $71.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $61.1k during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Morning Star Foundation has awarded 90 individual grants totaling $311,852. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST BAPTIST CHURCH ENTERPRISE
HONDURAS BAPTIST DENTAL MISSION
CENTRAL AMERICAN MISSIONS
CHRISTIAN MISSION ENTERPRISE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewe S West President | 5 | $0 | |
Sandra J West V-President, Sec/treas. | 5 | $0 | |
Brandon B West Director | 0 | $0 | |
Angela Matthews Director | 0 | $0 | |
Jeremiah L West Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,033 |
| Interest on Savings | $167 |
| Dividends & Interest | $23,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$706 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $71,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,605 |
| Contributions, gifts, grants paid | $59,529 |
| Total expenses and disbursements | $61,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,954 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $149,682 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $518,084 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Morning Star Foundation has awarded $59,529 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL AMERICAN MISSIONS PURPOSE: SUPPORT FOR NEEDY IN CENTRAL AMERICASUPPORT FOR ORPHANAGE AND SEMINARY IN HONDURAS | $2,000 |
CHRISTIAN MISSION ENTERPRISE PURPOSE: SUPPORT FOR HOMELESS SHELTER | $2,000 |
FIRST BAPTIST CHURCH ENTERPRISE PURPOSE: GENERAL CHURCH CONTRIBUTIONS | $31,145 |
COMPASSION INTERNATIONAL PURPOSE: SPONSORSHIP OF A CHILD IN NICARAGUA | $1,325 |
PATE MINISTRIES - FOR THE CHILDREN ECUADOR PURPOSE: PROVIDE FOR NEEDY CHILDREN IN ECUADORBIBLE MINISTRY SUPPORT IN ECUADOR | $600 |
HONDURAS BAPTIST DENTAL MISSION PURPOSE: DENTAL & MEDICAL MISSION SUPPORT IN HONDURAS | $15,719 |