Civic Intelligence

The Morning Foundation

990PF • Fiscal year 2020 • EIN 74-2803921

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 13, 2021

85 Langford ParkSt Paul, MN 55108

(651) 343-1397

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • $5M-$10M nonprofits • Source year 2020

Net Margin

19th percentile

-22%

Higher net margin than 19% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • $5M-$10M nonprofits • Source year 2020

Asset Growth

45th percentile

2.5%

Faster asset growth than 45% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,433,779

Up $159,692 (+2.5%) from 2019

Net Assets

Up

$6,433,779

Up $159,692 (+2.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$279,866

Down $300,131 (-52%) from 2019

Expenses

Down

$341,998

Down $3,034 (-0.9%) from 2019

Net Income

Down

-$62,132

Down $297,097 (-126%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,934,587Liabilities 2010: $0Net Assets 2010: $1,934,5872010Assets 2011: $1,856,161Liabilities 2011: $0Net Assets 2011: $1,856,1612011Assets 2012: $1,872,123Liabilities 2012: $0Net Assets 2012: $1,872,1232012Assets 2013: $4,703,368Liabilities 2013: $0Net Assets 2013: $4,703,3682013Assets 2014: $5,014,539Liabilities 2014: $0Net Assets 2014: $5,014,5392014Assets 2015: $5,262,551Liabilities 2015: $0Net Assets 2015: $5,262,5512015Assets 2016: $5,460,937Liabilities 2016: $0Net Assets 2016: $5,460,9372016Assets 2017: $5,651,022Liabilities 2017: $0Net Assets 2017: $5,651,0222017Assets 2018: $6,017,116Liabilities 2018: $0Net Assets 2018: $6,017,1162018Assets 2019: $6,274,087Liabilities 2019: $0Net Assets 2019: $6,274,0872019Assets 2020: $6,433,779Liabilities 2020: $0Net Assets 2020: $6,433,7792020Assets 2021: $6,970,467Liabilities 2021: $0Net Assets 2021: $6,970,4672021Assets 2022: $7,002,149Liabilities 2022: $0Net Assets 2022: $7,002,1492022Assets 2023: $7,208,805Liabilities 2023: $0Net Assets 2023: $7,208,8052023Assets 2024: $7,622,332Liabilities 2024: $0Net Assets 2024: $7,622,3322024

Highlighted filing

2020

Assets$6,433,779
Liabilities$0
Net Assets$6,433,779

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $211,6502010Expenses 2011: $230,9832011Expenses 2012: $247,6582012Revenue 2013: $3,107,295Expenses 2013: $329,178Net Income 2013: $2,778,1172013Revenue 2014: $446,138Expenses 2014: $146,046Net Income 2014: $300,0922014Revenue 2015: $270,522Expenses 2015: $274,504Net Income 2015: -$3,9822015Revenue 2016: $398,732Expenses 2016: $284,620Net Income 2016: $114,1122016Revenue 2017: $535,971Expenses 2017: $280,422Net Income 2017: $255,5492017Revenue 2018: $725,224Expenses 2018: $311,948Net Income 2018: $413,2762018Revenue 2019: $579,997Expenses 2019: $345,032Net Income 2019: $234,9652019Revenue 2020: $279,866Expenses 2020: $341,998Net Income 2020: -$62,1322020Revenue 2021: $794,287Expenses 2021: $359,934Net Income 2021: $434,3532021Revenue 2022: $448,752Expenses 2022: $438,302Net Income 2022: $10,4502022Revenue 2023: $684,814Expenses 2023: $414,813Net Income 2023: $270,0012023Revenue 2024: $1,006,056Expenses 2024: $406,247Net Income 2024: $599,8092024

Highlighted filing

2020

Revenue$279,866
Expenses$341,998
Net Income-$62,132
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 13, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS H HOLMAN JRTrustee-$0--
KIM D L HOLMANTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Morning Foundation
EIN
74-2803921
Phone
6513431397
Address
85 LANGFORD PARK, ST PAUL, MN 55108

Signing Officer

Name
Thomas Holman
Title
Trustee
Phone
6516031720
Signed
2021-07-13
Discuss with paid preparer
Yes

Preparer

Firm
Abdo Eick & Meyers Llp
Address
5201 EDEN AVENUE SUITE 250, EDINA, MN 55436
Preparer
Janeen K Steffel
Phone
9528359090
Raw XML Appendix368 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt02495
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt00
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt0735167
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt1581805
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt2749647
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt31349910
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt4444352
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt51548503
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm018,247.318 SHS AMERICAN CAP WRLD GR & INC (CWGIX)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm113,126.313 SHS AMERICAN EUROPACIFIC GRW (AEPGX)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm219,019.085 SHS AMERICAN GR FD OF AMERICA (AGTHX)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm335,703.881 SHS AMERICAN MUTUAL (AMRMX)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm48,400.659 SHS AMERICAN SMALLCAP WORLD (SMCWX)
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm528,247.640 SHS FIRST EAGLE GLOBAL (SGENX)
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IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt096545
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IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1WALLIN EDUCATION PARTNERS
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt13033 EXCELSIOR BLVD SUITE 420
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1MINNEAPOLIS
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd155416
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt013942
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt0321715
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0350380
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
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IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0336438
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt0321715
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt085 LANGFORD PARK
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0ST PAUL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd055108
IRS990ScheduleB/ContributorInformationGrp/NoncashContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0104085
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt068210
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc01,000 SHARES OF AMERICAN GROWTH FUND OF AMERICA (AGTHX)
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02020-12-14
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherDecreasesSchedule/OtherDecreasesDetail/Amt048900
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0FMV TO COST ADJUSTMENT ON DONATIONS TO FOUNDATION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0PIMCO BRAVO FUND II SPECIAL ONSHORE FEEDER (TE), LP
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1PIMCO BRAVO FUND II OFFSHORE FEEDER AIV I, LP
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt02848
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt11426
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt02848
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11426
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt078
OtherIncomeSchedule2/OtherIncomeDetail/Desc0PIMCO BRAVO FUND II OFFSHORE FEEDER AIV I, LP
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt078
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt078
OtherIncreasesSchedule/OtherIncreasesDetail/Amt0270724
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0FMV TO COST ADJUSTMENT ON DONATIONS FROM FOUNDATION
TaxesSchedule/TaxesDetail/Amt025
TaxesSchedule/TaxesDetail/Amt1192
TaxesSchedule/TaxesDetail/Amt21850
TaxesSchedule/TaxesDetail/CategoryTxt0MN ATTORNEY GENERAL
TaxesSchedule/TaxesDetail/CategoryTxt1FOREIGN TAXES ON DIVIDENDS
TaxesSchedule/TaxesDetail/CategoryTxt2CURRENT YEAR ESTIMATED TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt20
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt1192
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS HOLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06516031720
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MORNING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MORN
ReturnHeader/Filer/EIN0742803921
ReturnHeader/Filer/PhoneNum06513431397
ReturnHeader/Filer/USAddress/AddressLine1Txt085 LANGFORD PARK
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055108
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411397419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABDO EICK & MEYERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05201 EDEN AVENUE SUITE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EDINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055436
ReturnHeader/PreparerPersonGrp/PhoneNum09528359090
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANEEN K STEFFEL
ReturnHeader/ReturnTs02021-08-03T15:04:46-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOLMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.62$0.00$7.62$1.01$0.41$0.60
2023Detailed filing. Detailed filing data is available for this year.$7.21$0.00$7.21$0.68$0.41$0.27
2022Detailed filing. Detailed filing data is available for this year.$7.00$0.00$7.00$0.45$0.44$0.01
2021Detailed filing. Detailed filing data is available for this year.$6.97$0.00$6.97$0.79$0.36$0.43
2020Detailed filing. Detailed filing data is available for this year.$6.43$0.00$6.43$0.28$0.34$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.27$0.00$6.27$0.58$0.35$0.23
2018Detailed filing. Detailed filing data is available for this year.$6.02$0.00$6.02$0.73$0.31$0.41
2017Detailed filing. Detailed filing data is available for this year.$5.65$0.00$5.65$0.54$0.28$0.26
2016Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$0.40$0.28$0.11
2015Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.27$0.27$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.01$0.00$5.01$0.45$0.15$0.30
2013Detailed filing. Detailed filing data is available for this year.$4.70$0.00$4.70$3.11$0.33$2.78
2012Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.25
2011Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$0.23
2010Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.21