Morning Light Inc
- Assets
- $6.8m
- Revenue
- $596.9k
- Investments
- $32.8k
- Employees
- 29
- Location
- Indianapolis, IN
- Founding
- 01/1985
- Data as of
- 12/2022
- EIN
- 35-1602641
Organization Overview
Morning Light Inc is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Morning Light Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morning Light Inc 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 12/2022, Morning Light Inc generated $596.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MORNING LIGHT, INC. FOSTERS NON-PROFIT COMMUNITY SERVICES AND PROGRAMS IN CENTRAL INDIANA FOR THE TERMINALLY ILL, SENIORS AND FAMILIES OF LIMITED MEANS IN NEED OF HEALTH, WELLNESS OR END OF LIFE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABBIE HUNT BRYCE HOME: A COMMUNITY HOME THAT OFFERS DONOR-PROVIDED ACCOMMODATIONS AND LIVING SUPPORT FOR HOSPICE PATIENTS WHO HAVE NO OTHER APPROPRIATE LIVING ARRANGEMENTS IN THEIR TERMINALLY-ILL CONDITION AT NO EXPENSE TO THE PATIENT. THE ABBIE HUNT BRYCE HOME SERVES 40-60 PEOPLE ANNUALLY. IT IS ALSO A TRAINING CENTER FOR THE NEXT GENERATION OF CAREGIVERS THROUGH OUR STATE CERTIFIED CNA PROGRAM, WHERE NOT ONLY DO PARTICIPANTS GET HANDS-ON EXPERIENCE IN HEALTHCARE, BUT THEY ARE ALSO EXPOSED TO THE INVALUABLE OPPORTUNITY TO GIVE BACK. THE PROGRAM IS THE DEFINITION OF "SYMBIOTIC" AS OUR ORGANIZATION AND RESIDENTS RECEIVE ENTHUSIASTIC AND EAGER YOUNG EMPLOYEES WHILE OUR EMPLOYEES GET NECESSARY AND VALUABLE TRAINING TO COMPLETE THEIR CERTIFICATIONS.
PENNWOOD PLACE APARTMENTS: PROVIDES SUBSIDIZED LIVING ARRANGEMENTS FOR SENIORS. ITS 35 UNITS OPERATE AT 97% CAPACITY ANNUALLY. RELATED PROGRAMS SUCH AS OFFSITE EVENTS, COMPUTER TRAINING, ONSITE CELEBRATIONS, AND HEALTH-RELATED SPEAKERS/ACTIVITIES INVOLVE MORE THAN 300 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Carter Chair | OfficerTrustee | 2 | $0 |
Hitesh Patel Vice Chair | OfficerTrustee | 2 | $0 |
Geoff Thompson Treasurer | OfficerTrustee | 2 | $0 |
Crystal Allen Board Member | Trustee | 2 | $0 |
Tony Bewsey Board Member | Trustee | 2 | $0 |
Elizabeth Casalini Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nurses & More Inc Provided Certified Nursing And Staff | 12/30/17 | $179,336 |
Stenz Construction Company Was Responsible For Tenant Improvement P | 12/30/17 | $142,058 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $72,835 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,348 |
| Noncash contributions included in lines 1a–1f | $15,371 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,183 |
| Total Program Service Revenue | $281,688 |
| Investment income | $83,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$43,334 |
| Net Income from Fundraising Events | -$14,346 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $596,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,075 |
| Compensation of current officers, directors, key employees. | $11,080 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $457,974 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,791 |
| Payroll taxes | $62,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,768 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,118 |
| Fees for services: Other | $6,879 |
| Advertising and promotion | $15,269 |
| Office expenses | $36,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $202,627 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $196,020 |
| Insurance | $45,418 |
| All other expenses | $74,637 |
| Total functional expenses | $1,335,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,663 |
| Savings and temporary cash investments | $121,897 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,175 |
| Net Land, buildings, and equipment | $2,885,602 |
| Investments—publicly traded securities | $3,155,483 |
| Investments—other securities | $32,801 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300,774 |
| Total assets | $6,841,395 |
| Accounts payable and accrued expenses | $32,257 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,749,510 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,100 |
| Total liabilities | $1,789,867 |
| Net assets without donor restrictions | $4,658,896 |
| Net assets with donor restrictions | $392,632 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,841,395 |