Morning Star Foundation is located in Dallas, TX. The organization was established in 1985. According to its NTEE Classification (U31) the organization is classified as: Astronomy, under the broad grouping of Science & Technology 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 $8.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $14.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Tucker Anderson Director | 0.5 | $0 | |
C Jane Anderson Manterola Director | 0 | $0 | |
William T Anderson Director | 0 | $0 | |
C Tucker Anderson Director | 0.5 | $0 | |
C Jane Anderson Manterola Director | 0 | $0 | |
William T Anderson Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $20 |
| Dividends & Interest | $5,938 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,958 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $99 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $2,934 |
| Contributions, gifts, grants paid | $11,076 |
| Total expenses and disbursements | $14,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,164 |
| Savings and temporary cash investments | $10,681 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $10,794 |
| 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 | $10,157 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $160,078 |
| 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 |
Over the last fiscal year, Morning Star Foundation has awarded $9,010 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT ANDREWS EPISCOPAL CHURCH PURPOSE: RELIGIOUS ACTIVITIES | $3,270 |
BOY SCOUTS OF AMERICA LONGHORN COUN PURPOSE: EDUCATION | $600 |
DALLAS INSTITUTE OF HUMANITIES CULT PURPOSE: EDUCATION | $500 |
JDRF PURPOSE: EDUCATION | $100 |
ST MICHAEL AND ALL ANGELS EPISCOPAL PURPOSE: RELIGIOUS ACTIVITIES | $2,270 |
THE CHURCH OF THE EPIPHANY PURPOSE: RELIGIOUS | $2,270 |