Civic Intelligence

Morning Star Academy

990 • Fiscal year 2014 • EIN 45-1593367

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 17, 2015

Organization ProfileWWW.MORNINGSTARLIONS.ORG
PO Box 23675418

(903) 583-2780

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

91st percentile

31%

Faster asset growth than 91% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-55%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$22,379,155

Up $5,270,354 (+31%) from 2013

Net Assets

Up

$22,370,491

Up $5,275,253 (+31%) from 2013

Liabilities

Down

$8,664

Down $4,899 (-36%) from 2013

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin97th percentile

Revenue

Down

$6,523,576

Down $7,840,602 (-55%) from 2013

Expenses

Up

$1,250,690

Up $1,117,801 (+841%) from 2013

Net Income

Down

$5,272,886

Down $8,958,403 (-63%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $2,864,449Liabilities 2012: $500Net Assets 2012: $2,863,9492012Assets 2013: $17,108,801Liabilities 2013: $13,563Net Assets 2013: $17,095,2382013Assets 2014: $22,379,155Liabilities 2014: $8,664Net Assets 2014: $22,370,4912014Assets 2015: $25,628,960Liabilities 2015: $71,641Net Assets 2015: $25,557,3192015Assets 2016: $24,947,515Liabilities 2016: $95,525Net Assets 2016: $24,851,9902016Assets 2017: $24,299,054Liabilities 2017: $80,225Net Assets 2017: $24,218,8292017Assets 2018: $23,825,162Liabilities 2018: $52,508Net Assets 2018: $23,772,6542018Assets 2019: $23,068,291Liabilities 2019: $24,114Net Assets 2019: $23,044,1772019Assets 2020: $22,273,265Liabilities 2020: $231,652Net Assets 2020: $22,041,6132020Assets 2021: $21,575,064Liabilities 2021: $5,978Net Assets 2021: $21,569,0862021Assets 2022: $21,203,372Liabilities 2022: $6,048Net Assets 2022: $21,197,3242022Assets 2023: $20,350,829Liabilities 2023: $18,175Net Assets 2023: $20,332,6542023Assets 2024: $19,830,767Liabilities 2024: $4,434Net Assets 2024: $19,826,3332024Assets 2025: $19,185,373Liabilities 2025: $64,389Net Assets 2025: $19,120,9842025

Highlighted filing

2014

Assets$22,379,155
Liabilities$8,664
Net Assets$22,370,491
Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2012: $2,823,783Expenses 2012: $23,311Net Income 2012: $2,800,4722012Revenue 2013: $14,364,178Expenses 2013: $132,889Net Income 2013: $14,231,2892013Revenue 2014: $6,523,576Expenses 2014: $1,250,690Net Income 2014: $5,272,8862014Revenue 2015: $5,097,109Expenses 2015: $1,910,204Net Income 2015: $3,186,9052015Revenue 2016: $1,489,746Expenses 2016: $2,195,739Net Income 2016: -$705,9932016Revenue 2017: $1,694,813Expenses 2017: $2,337,441Net Income 2017: -$642,6282017Revenue 2018: $1,855,634Expenses 2018: $2,306,537Net Income 2018: -$450,9032018Revenue 2019: $1,535,949Expenses 2019: $2,268,438Net Income 2019: -$732,4892019Revenue 2020: $1,246,113Expenses 2020: $2,246,105Net Income 2020: -$999,9922020Revenue 2021: $1,705,156Expenses 2021: $2,198,461Net Income 2021: -$493,3052021Revenue 2022: $1,593,135Expenses 2022: $1,922,225Net Income 2022: -$329,0902022Revenue 2023: $947,005Expenses 2023: $1,863,947Net Income 2023: -$916,9422023Revenue 2024: $1,326,839Expenses 2024: $1,848,197Net Income 2024: -$521,3582024Revenue 2025: $1,320,130Expenses 2025: $2,009,361Net Income 2025: -$689,2312025

Highlighted filing

2014

Revenue$6,523,576
Expenses$1,250,690
Net Income$5,272,886
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 17, 2015
Return Version
2013v4.0
Gross Receipts
$6,542,111
Mission and Program Overview

Mission

Morning star academy exists to provide a safe, nurturing environment that allows children to grow physically, spiritually and academically by integrating biblical faith and quality education into all of our childcare and academic programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$150,877$20,225,777▲ $20,074,900
Loans From Officers Directors-$222-
Cash and Non-Interest-Bearing Accounts$47,179$-961,901▼ $1,009,080
Total Assets$17,108,801$22,379,155▲ $5,270,354
Other Assets Total$16,910,745$3,115,279▼ $13,795,466
Liabilities
Deferred Revenue$11,945--
Accounts Payable and Accrued Expenses$1,618$8,442▲ $6,824
Total Liabilities$13,563$8,664▼ $4,899
Net Assets / Fund Balance
Unrestricted Net Assets$17,095,238$22,370,491▲ $5,275,253
Total Net Assets Fund Balance$17,095,238$22,370,491▲ $5,275,253
Total Liabilities and Net Assets / Fund Balance$17,108,801$22,379,155▲ $5,270,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,337,845$326,337$15,664,182
Other Land Buildings$2,859,515$187,607$3,047,122
Land$2,024,368-$2,024,368
Equipment$4,049$426$4,475
Other Assets Org$21,412--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Brandy BurnsHead of SchoFT$49,359$49,359

Board Members and Trustees

NameTitle
Carol HendrixPresident/di
Brandon DonaDirector
Tamra BryanSecretary/di

Highest Paid Contractors

ContractorServicesLocationCompensation
Accelerated Critical PathGen Contractor-$1,957,325
Revenue and Support

Revenue Composition

Contributions and Grants
$6,264,981
Program Service Revenue
$258,505
Investment Income
$0
Other Revenue
$90
All Other Contributions
$6,239,365
Change in Net Assets
$5,272,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$786,608
Salaries, Compensation, and Employee Benefits$462,055
Grants and Similar Amounts Paid$2,027
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$411,029$102,757-$513,786
Other Salaries and Wages$300,135$72,801-$372,936
Occupancy$73,016$18,254-$91,270
Current Officers, Directors, Trustees, and Key Employees$29,615$19,744-$49,359
Payroll Taxes$31,808$7,952-$39,760
Office Expenses$23,903$13,355-$37,258
Insurance$8,412$848-$9,260
Advertising$5,141--$5,141
Fees for Services Other$3,892$973-$4,865
Other Expenses$4,635--$4,635
Conferences and Meetings$3,780$766-$4,546
All Other Expenses$4,076$371-$4,447
Travel$3,451--$3,451
Information Technology$2,564$641-$3,205
Fees for Services Accounting-$2,910-$2,910
Grants to Domestic Orgs$2,027--$2,027
Fees for Services Legal-$413-$413
Total Functional Expenses$1,008,905$241,785$0$1,250,690
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$14,976
Fundraising Gross Income$7,486
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$17,080$2,500$628$1,872
Event 2$12,436$1,400$5,449$-4,049
Total Events$29,516$3,900$13,416$-9,516
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$222-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

“The organization does not have any committees with the authority to act on behalf of the governing body.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is prepared by a third party cpa who provides the form to the organization for review. The form 990 is distributed to all board members at a special board meeting to review the form 990. Upon receiving approval, the cpa firm processes the return for signature and electronic filing with the internal revenue service.”

Form 990, Page 6, Part VI, Line 12C

“Each director completes a questionnaire disclosing any family or business relationships that may present a conflict of interest. Any possible conflict of interest is disclosed at the board meetings prior to voting on the transaction or contract. Any member that has a potential conflict does not participate in the discussion and approval of the transaction.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for all the officers is determined by evaluating outside data such as compensation surveys for comparable positions in the dallas area. The compensation is approved by the independent members of the board of directors and is documented in the minutes of the board meeting.”

Form 990, Page 6, Part VI, Line 19

“The organization's financial statements, governing documents, and conflict of interest policy are available to the public upon request.”

Filing and Contact Details

Filer

EIN
45-1593367
Phone
9035832780

Signing Officer

Name
Carol Hendrix
Title
President
Phone
9035832780
Signed
2015-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Hendrix
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
3
Employees
26
Volunteers
25

Preparer

Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Morning star academy exists to provide a safe, nurturing environment that allows children to grow physically, spiritually and academically by integrating biblical faith and quality education into all of our childcare and academic programs.”

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IRS990/PYRevenuesLessExpensesAmt014231289
IRS990/PYSalariesCompEmpBnftPaidAmt061612
IRS990/PYTotalExpensesAmt0132889
IRS990/PYTotalRevenueAmt014364178
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05272886
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0263762
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt015337845
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0326337
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015664182
IRS990ScheduleD/EquipmentGrp/BookValueAmt04049
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0426
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04475
IRS990ScheduleD/LandGrp/BookValueAmt02024368
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02024368
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03093867
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt121412
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS - BUILDINGS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS - LAND IMPR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02859515
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0187607
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03047122
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020225777
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03115279
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ACADEMY'S NONDISCRIMINATORY POLICY IS PUBLISHED IN THE LOCAL NEWSPAPER AND IS INCLUDED IN THE REGISTRATION MATERIALS AS WELL AS ON IT'S WEBSITE UNDER ADMISSIONS AND BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025616
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014580
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt011036
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013416
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt02701
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02701
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0753
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01225
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017080
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029516
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt01400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt03900
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt05K
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-9516
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06077
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0628
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05449
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02160
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02660
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0222
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0BUSINESS EXPENSES REIMBURSEMENTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0300
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BRANDY BURNS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0HEADMASTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0222
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MORNING STAR ACADEMY EXISTS TO PROVIDE A SAFE, NURTURING ENVIRONMENT THAT ALLOWS CHILDREN TO GROW PHYSICALLY, SPIRITUALLY AND ACADEMICALLY BY INTEGRATING BIBLICAL FAITH AND QUALITY EDUCATION INTO ALL OF OUR CHILDCARE AND ACADEMIC PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A THIRD PARTY CPA WHO PROVIDES THE FORM TO THE ORGANIZATION FOR REVIEW. THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS AT A SPECIAL BOARD MEETING TO REVIEW THE FORM 990. UPON RECEIVING APPROVAL, THE CPA FIRM PROCESSES THE RETURN FOR SIGNATURE AND ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR COMPLETES A QUESTIONNAIRE DISCLOSING ANY FAMILY OR BUSINESS RELATIONSHIPS THAT MAY PRESENT A CONFLICT OF INTEREST. ANY POSSIBLE CONFLICT OF INTEREST IS DISCLOSED AT THE BOARD MEETINGS PRIOR TO VOTING ON THE TRANSACTION OR CONTRACT. ANY MEMBER THAT HAS A POTENTIAL CONFLICT DOES NOT PARTICIPATE IN THE DISCUSSION AND APPROVAL OF THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION FOR ALL THE OFFICERS IS DETERMINED BY EVALUATING OUTSIDE DATA SUCH AS COMPENSATION SURVEYS FOR COMPARABLE POSITIONS IN THE DALLAS AREA. THE COMPENSATION IS APPROVED BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS AND IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt017108801
IRS990/TotalAssetsEOYAmt022379155
IRS990/TotalAssetsGrp/BOYAmt017108801
IRS990/TotalAssetsGrp/EOYAmt022379155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06264981
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0241785
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01008905
IRS990/TotalFunctionalExpensesGrp/TotalAmt01250690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013563
IRS990/TotalLiabilitiesEOYAmt08664
IRS990/TotalLiabilitiesGrp/BOYAmt013563
IRS990/TotalLiabilitiesGrp/EOYAmt08664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017095238
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022370491
IRS990/TotalProgramServiceExpensesAmt01008905
IRS990/TotalProgramServiceRevenueAmt0258505
IRS990/TotalReportableCompFromOrgAmt049359
IRS990/TotalRevenueGrp/ExclusionAmt0-5167
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0263762
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06523576
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017108801
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022379155
IRS990/TravelGrp/ProgramServicesAmt03451
IRS990/TravelGrp/TotalAmt03451
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt017095238
IRS990/UnrestrictedNetAssetsGrp/EOYAmt022370491
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine102610 CR 856
IRS990/USAddress/City0MCKINNEY
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode075071
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.MORNINGSTARLIONS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL HENDRIX

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,379,155
Liabilities
$8,664
Net assets
$22,370,491
Revenue
$6,523,576
Expenses
$1,250,690
Net income
$5,272,886
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.2$0.06$19.1$1.32$2.01$0.69
2024Detailed filing. Detailed filing data is available for this year.$19.8$0.00$19.8$1.33$1.85$0.52
2023Detailed filing. Detailed filing data is available for this year.$20.4$0.02$20.3$0.95$1.86$0.92
2022Detailed filing. Detailed filing data is available for this year.$21.2$0.01$21.2$1.59$1.92$0.33
2021Detailed filing. Detailed filing data is available for this year.$21.6$0.01$21.6$1.71$2.20$0.49
2020Detailed filing. Detailed filing data is available for this year.$22.3$0.23$22.0$1.25$2.25$1.00
2019Detailed filing. Detailed filing data is available for this year.$23.1$0.02$23.0$1.54$2.27$0.73
2018Detailed filing. Detailed filing data is available for this year.$23.8$0.05$23.8$1.86$2.31$0.45
2017Detailed filing. Detailed filing data is available for this year.$24.3$0.08$24.2$1.69$2.34$0.64
2016Detailed filing. Detailed filing data is available for this year.$24.9$0.10$24.9$1.49$2.20$0.71
2015Detailed filing. Detailed filing data is available for this year.$25.6$0.07$25.6$5.10$1.91$3.19
2014Detailed filing. Detailed filing data is available for this year.$22.4$0.01$22.4$6.52$1.25$5.27
2013Summary only. Only limited summary data is available for this year.$17.1$0.01$17.1$14.4$0.13$14.2
2012Summary only. Only limited summary data is available for this year.$2.86$0.00$2.86$2.82$0.02$2.80