Civic Intelligence

Morning Star Urban Development Inc

EIN 76-0762490 • 501(c)3 • Snellville, GA

Profile

MUDI's mission is to empower individuals and families through education, counseling, coaching, and partnerships, enabling them to gain access to employment, credit, banking, affordable housing, and supportive community services that promote self-reliance, financial stability, and improved quality of life.

4002 HWY 78 SUITE 530 pmb 232Snellville, GA 30039

www.morningstarurbansdevelopment.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

1st percentile

-0.03x

Higher debt load relative to assets than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

1st percentile

-0.02x

Higher debt load relative to revenue than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$66,600

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

86th percentile

49%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

81%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$175,671

Up $57,392 (+49%) from 2023

Liabilities

Down

-$5,033

Down $5,033 from 2023

Net Assets

Up

$180,704

Up $62,425 (+53%) from 2023

Revenue

Up

$269,603

Up $120,397 (+81%) from 2023

Expenses

Up

$206,705

Up $44,613 (+28%) from 2023

Net Income

Up

$62,898

Up $75,784 (+588%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2016: $24,328Liabilities 2016: $02016Assets 2017: $1,073Liabilities 2017: $02017Assets 2018: $6,675Liabilities 2018: $02018Assets 2019: $51,826Liabilities 2019: $02019Assets 2020: $21,512Liabilities 2020: -$2322020Assets 2021: $11,083Liabilities 2021: $0Net Assets 2021: $11,0832021Assets 2022: $127,565Liabilities 2022: $0Net Assets 2022: $127,5652022Assets 2023: $118,279Liabilities 2023: $0Net Assets 2023: $118,2792023Assets 2024: $175,671Liabilities 2024: -$5,033Net Assets 2024: $180,7042024

Highlighted filing

2024

Assets$175,671
Liabilities-$5,033
Net Assets$180,704

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $47,007Expenses 2016: $22,866Net Income 2016: $24,1412016Revenue 2017: $57,366Expenses 2017: $56,293Net Income 2017: $1,0732017Revenue 2018: $42,044Expenses 2018: $60,536Net Income 2018: -$18,4922018Revenue 2019: $98,616Expenses 2019: $53,464Net Income 2019: $45,1522019Revenue 2020: $50,694Expenses 2020: $81,294Net Income 2020: -$30,6002020Revenue 2021: $73,136Expenses 2021: $83,333Net Income 2021: -$10,1972021Revenue 2022: $268,968Expenses 2022: $141,403Net Income 2022: $127,5652022Revenue 2023: $149,206Expenses 2023: $162,092Net Income 2023: -$12,8862023Revenue 2024: $269,603Expenses 2024: $206,705Net Income 2024: $62,8982024

Highlighted filing

2024

Revenue$269,603
Expenses$206,705
Net Income$62,898

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 1, 2025
Return Version
2024v5.0
Gross Receipts
$269,603
Mission and Program Overview

Mission

Morningstar Urban Development empowers individuals and families through housing counseling, financial literacy, and community development services. As a HUD approved agency, we provide homebuyer education, rental counseling, foreclosure prevention, credit and budget coaching, and economic mobility programs that strengthen financial stability and expand access to safe and affordable housing. Our mission is to equip households with the knowledge, resources, and support needed to build long term stability and improve quality of life in the communities we serve.

Community development, housing education and counseling services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,995$175,343▲ $57,348
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$118,279$175,671▲ $57,392
Other Assets Total$284$328▲ $44
Liabilities
Other Liabilities$0$0→ $0
Accounts Payable and Accrued Expenses$358$-5,033▼ $5,391
Total Liabilities$358$-5,033▼ $5,391
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$117,921$180,704▲ $62,783
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$117,921$180,704▲ $62,783
Total Liabilities and Net Assets / Fund Balance$118,279$175,671▲ $57,392
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carne MahoneExecutive DirectorFT$66,600$66,600

Board Members and Trustees

NameTitle
Corliss HeathBoard Member
Kevina HowardBoard Member
Uso SayerBoard Member
Mary SwiftSecretary
Mayme GrantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$269,603
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$216,360
Change in Net Assets
$62,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$128,638
Other Expenses$78,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$66,600--$66,600
Other Salaries and Wages$56,943--$56,943
Occupancy$50,634--$50,634
Office Expenses$20,039--$20,039
Payroll Taxes$5,095--$5,095
All Other Expenses$3,112$0$0$3,112
Insurance$1,859--$1,859
Fees for Services Accounting$1,200--$1,200
Travel$1,023--$1,023
Conferences and Meetings$200--$200
Total Functional Expenses$206,705$0$0$206,705
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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, Part VI, Section A, Line 8B

we have no separate committees at this time

Form 990, Part VI, Section B, Line 11B

Form will be discussed at the next board meeting

Form 990, Part VI, Section B, Line 12C

it is required and understood by all board members, staff, and contractors to immediately report any conflicts with the services or programs administered by the organization and is strict in it's enforcement.

Form 990, Part VI, Section B, Line 15

The Executive Director's salary is determined through a formal and compliant process led by the organization's Board of Directors.o ensure that the Executive Director's compensation is reasonable and consistent with IRS standards, the committee reviews objective, comparable data from multiple sources. This includes salary information from organizations of similar size and scope, publicly available Form 990 filings, and regional nonprofit compensation surveys. The committee also evaluates the organization's financial capacity and annual budget to ensure that the approved salary is both appropriate and sustainable.As part of the process, the committee conducts a performance review of the Executive Director, taking into account leadership responsibilities, program outcomes, compliance oversight, and overall contributions to the organization's mission. A recommendation is then presented to the full Board of Directors. The Executive Director does not participate in the discussion or vote. The board votes to approve the compensation in a formal meeting, and all steps-including the data reviewed, individuals involved, and the final decision-are documented in the meeting minutes. The executive director has not received an increase in salary for the last 2 years.

Form 990, Part VI, Section C, Line 19

The organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request and to any of the funders that requested them

Filing and Contact Details

Filer

Filer Name
Morning Star Urban Development Inc
EIN
76-0762490
Phone
7704924037
Address
4002 HWY 78 SUITE 530 pmb 232, SNELLVILLE, GA 30039

Signing Officer

Name
Carne Mahone
Title
Executive Director
Phone
6783183676
Signed
2025-11-01

Organization Details

Principal Officer
Carne Mahone
Formed
2004
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
5
Employees
1
Volunteers
3
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Program to help homeowners in mortgage default.

Form 990, Part XI, Line 9

We have taken time to figure out why we are either over or under on one of our expenses. This $115 has held us up longer than we wanted it aside from the staffing issue that delayed us in the first place. We have finally come to the conclusion that there was an entry in the accounting that we can not determine that cause the discrepancy.

Financial Statement Notes

Schedule D, Part III, Line 1

We do not have anything to report in this section

Schedule D, Part III, Line 4

We do not have anything to report in this section

Raw XML Appendix395 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.

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IRS990/Desc0During the reporting period, our organization demonstrated strong impact and consistent productivity in delivering housing counseling and education services to the community. We welcomed 844 new clients, reflecting continued trust in our programs and outreach efforts. A total of 866 new cases were created, and we successfully resolved or closed 643 cases, ensuring families received the guidance and support needed to move forward confidently. Across all services, we maintained 460 active cases, highlighting our ongoing commitment to providing sustained, individualized assistance. Our educational programming also remained strong, with 56 participants attending our workshops and 45 clients successfully completing their education requirements, positioning them for informed and empowered decision-making. Our one-on-one counseling services continued to be a cornerstone of our mission. We conducted 3,897 counseling appointments, dedicating over 2,953 hours to personalized guidance that helps clients navigate financial goals, overcome barriers, and work toward stable, sustainable housing. These accomplishments reflect our dedication to uplifting individuals and strengthening communities through comprehensive, client-centered support.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Administered comprehensive Housing and Financial Counseling services for the Department of Community Affairs' Housing Assistance Fund, supporting previous recipients of COVID-19 mortgage assistance who continued to experience financial hardship. Provided tailored guidance to help homeowners reassess their financial stability, identify ongoing challenges, and access additional relief resources, ensuring sustained housing security and improved long-term outcomes.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt073136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050694
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0811607
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0811607
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0269603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0149206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0268968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt073136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050694
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0811607
IRS990ScheduleA/TotalSupportAmt0811607
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/ScheduleBRequiredInd01
IRS990ScheduleD/HeldWorksArtGrp/AssetsIncludedAmt00
IRS990ScheduleD/HeldWorksArtGrp/RevenuesIncludedAmt00
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0We do not have anything to report in this section
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1We do not have anything to report in this section
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part III, Line 1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part III, Line 4
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program to help homeowners in mortgage default.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1we have no separate committees at this time
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form will be discussed at the next board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3it is required and understood by all board members, staff, and contractors to immediately report any conflicts with the services or programs administered by the organization and is strict in it's enforcement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Executive Director's salary is determined through a formal and compliant process led by the organization's Board of Directors.o ensure that the Executive Director's compensation is reasonable and consistent with IRS standards, the committee reviews objective, comparable data from multiple sources. This includes salary information from organizations of similar size and scope, publicly available Form 990 filings, and regional nonprofit compensation surveys. The committee also evaluates the organization's financial capacity and annual budget to ensure that the approved salary is both appropriate and sustainable.As part of the process, the committee conducts a performance review of the Executive Director, taking into account leadership responsibilities, program outcomes, compliance oversight, and overall contributions to the organization's mission. A recommendation is then presented to the full Board of Directors. The Executive Director does not participate in the discussion or vote. The board votes to approve the compensation in a formal meeting, and all steps-including the data reviewed, individuals involved, and the final decision-are documented in the meeting minutes. The executive director has not received an increase in salary for the last 2 years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request and to any of the funders that requested them
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6We have taken time to figure out why we are either over or under on one of our expenses. This $115 has held us up longer than we wanted it aside from the staffing issue that delayed us in the first place. We have finally come to the conclusion that there was an entry in the accounting that we can not determine that cause the discrepancy.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0118279
IRS990/TotalAssetsEOYAmt0175671
IRS990/TotalAssetsGrp/BOYAmt0118279
IRS990/TotalAssetsGrp/EOYAmt0175671
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0269603
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0206705
IRS990/TotalFunctionalExpensesGrp/TotalAmt0206705
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0358
IRS990/TotalLiabilitiesEOYAmt0-5033
IRS990/TotalLiabilitiesGrp/BOYAmt0358
IRS990/TotalLiabilitiesGrp/EOYAmt0-5033
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0117921
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0180704
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0206705
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt066600
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0269603
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0118279
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0175671
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01023
IRS990/TravelGrp/TotalAmt01023
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02501 Lantrac Ct
IRS990/USAddress/CityNm0Decatur
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030035
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MORNINGSTARURBANSDEVELOPMENT.ORG
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0Our Form 990 was filed late due to an unexpected staffing transition that left our organization temporarily without sufficient support for day-to-day operations. As a result, the Executive Director-who oversees financial management-experienced delays in preparing the annual return. During this period, access to key financial records was slowed while we worked closely with our banking partners to properly identify and verify several transactions. In addition, a delay in HUD funding further impacted our ability to reconcile accounts and complete the financial review in a timely manner. These issues were identified and resolved and steps to gather the necessary documentation and finalize the filing.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Carne Mahone
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06783183676
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORNING STAR URBAN DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0MORN
ReturnHeader/Filer/EIN0760762490
ReturnHeader/Filer/PhoneNum07704924037
ReturnHeader/Filer/USAddress/AddressLine1Txt04002 HWY 78 SUITE 530 pmb 232
ReturnHeader/Filer/USAddress/CityNm0SNELLVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030039
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-12-01T19:34:43-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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