Morning Star Foundation
- Assets
- $12.1m
- Revenue
- $675.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Spokane, WA
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 20-4830357
Organization Overview
Morning Star Foundation is located in Spokane, WA. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Morning Star Foundation employed 3 individuals. 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 12/2021, Morning Star Foundation generated $675.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Morning Star Foundation has awarded 19 individual grants totaling $3,816,040. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP EVERY KID DEVELOP THE SELF-CONFIDENCE THEY NEED TO SUCCEED BY FUNDING CHILDREN'S CHARITIES THAT PROVIDE DISADVANTAGED KIDS WITH A SAFE PLACE TO CALL HOME, A FAMILY THAT LOVES THEM, A FEELING OF COMMUNITY, AND OPPORTUNITIES TO LEARN, BUILD SELF-ESTEEM AND HAVE FUN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS DEDICATED TO ENHANCING THE LIVES OF YOUTH IN THE LOCAL REGION THROUGH COMMUNITY INVOLVEMENT AND COLLABORATION. THE FOUNDATION SUPPORTS YOUTH CENTERED PROGRAMS THROUGH SPONSORSHIP AND HUMAN RESOURCES. THE MAJOR BENEFICIARY OF THE FOUNDATION DURING THE YEAR WAS THE MORNING STAR BOYS' RANCH (THE RANCH) LOCATED IN SPOKANE, WASHINGTON. THE RANCH PROVIDES A HOME ENVIRONMENT FOR BOYS AGED 6-12 WHO HAVE FAILED TO THRIVE WITH THEIR ADOPTIVE OR FOSTER FAMILIES PROVIDING STRUCTURE, EDUCATION, AND COUNSELING TO ASSIST IN BUILDING PRODUCTIVE CITIZENS. THE FOUNDATION COMMITTED APPROXIMATELY 2,492,000 TO THE RANCH DURING THE YEAR AND APPROXIMATELY 81,000 TO OTHER YOUTH PROGRAMS IN THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Wukelic CEO | Officer | 40 | $132,954 |
Stacey Davis Vice Chair | OfficerTrustee | 1 | $0 |
Lori Brennan Treasurer | OfficerTrustee | 1 | $0 |
Aaron Riley Chair | OfficerTrustee | 20 | $0 |
Paul Sorensen Director | Trustee | 1 | $0 |
Steven Jarvis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,813 |
| Related organizations | $0 |
| Government grants | $15,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,077 |
| Noncash contributions included in lines 1a–1f | $330,543 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,090 |
| Total Program Service Revenue | $61,976 |
| Investment income | $261,663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,250 |
| Net Gain/Loss on Asset Sales | $17,789 |
| Net Income from Fundraising Events | -$91,182 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $675,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,573,301 |
| 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. | $133,538 |
| Compensation of current officers, directors, key employees. | $91,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,641 |
| Pension plan accruals and contributions | $4,155 |
| Other employee benefits | $10,173 |
| Payroll taxes | $18,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,577 |
| Fees for services: Accounting | $38,482 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,562 |
| Fees for services: Other | $1,404 |
| Advertising and promotion | $29,371 |
| Office expenses | $14,628 |
| Information technology | $31,070 |
| Royalties | $0 |
| Occupancy | $75,394 |
| Travel | $9,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,925 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,987 |
| Insurance | $16,165 |
| All other expenses | $28,089 |
| Total functional expenses | $3,578,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,164,000 |
| Savings and temporary cash investments | $37 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,435 |
| 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 | $26,674 |
| Net Land, buildings, and equipment | $2,026,445 |
| Investments—publicly traded securities | $8,837,212 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,059,803 |
| Accounts payable and accrued expenses | $1,731,253 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $550,000 |
| Other liabilities | $0 |
| Total liabilities | $2,281,253 |
| Net assets without donor restrictions | $9,042,030 |
| Net assets with donor restrictions | $736,520 |
| 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 | $12,059,803 |
Grants Awarded
Over the last fiscal year, Morning Star Foundation has awarded $2,561,551 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Spokane, WA PURPOSE: FINANCIAL SUPPORT | $2,492,551 |
Spokane, WA PURPOSE: FINANCIAL SUPPORT | $16,000 |
Spokane, WA PURPOSE: EARLY CHILDHOOD EDUC | $14,000 |
Bellevue, WA PURPOSE: COLLEGE PATHWAYS | $11,000 |
Spokane, WA PURPOSE: KIDS IN THE HILLS | $11,000 |
Spokane, WA PURPOSE: EDU CARE PROGRAM | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morning Star Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Robert V Baker Foundation Tekoa, WA PURPOSE: CHARITY | $5,000 |
Endowment Analysis
| Beg. Balance | $2,206,878 |
| Earnings | $360,689 |
| Admin Expense | -$13,776 |
| Net Contributions | $5,000 |
| Ending Balance | $2,558,791 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tisbest Philanthropy Seattle, WA | $1,169,318 | $11,028,187 |
Omprakash Inc Seattle, WA | $1,303,902 | $8,335,902 |
Momsrising Education Fund Bellevue, WA | $13,735,648 | $12,363,267 |
Community In Action Ontario, OR | $2,870,959 | $6,588,152 |
Tsf Services Seattle, WA | $41,582 | $5,196,264 |
Invested Renton, WA | $10,800,874 | $5,096,103 |
Malaria No More Fund Seattle, WA | $7,196,882 | $3,765,133 |
Emergency Feeding Program Of Seattle & King County Renton, WA | $889,754 | $3,848,246 |
Seattle International Foundation Seattle, WA | $3,557,476 | $2,971,233 |
Arctic Slope Community Foundation Anchorage, AK | $12,635,878 | $4,961,869 |
Morning Star Foundation Spokane, WA | $12,059,803 | $675,586 |
Kaiser Borsari Educational Foundation Bellingham, WA | $10,206,898 | $1,033,814 |