MORNING STAR MISSION MINISTRIES INC (EIN 362422510) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1909

Legal Domicile

Principal Officer

KEVIN WATSON

Phone

8157225780

Tax Period

2024-01-01 to 2024-12-31

MORNING STAR MISSION MINISTRIES INC, founded in 1909, is a community nonprofit in the Human Services sector that reported $8.3M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

PROVIDING FOOD, CLOTHING, SHELTER, AND LONG-TERM RECOVERY PROGRAMS FOR THE HOMELESS OF JOLIET AND SURROUNDING WILL COUNTY AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,414,450

Program Service Revenue $36,945

Investment Income $106,550

Other Revenue $1,765,192

TOTAL REVENUE $8,323,137

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,316,482

Fundraising Expenses $1,013,517

Program Expenses $6,356,935

Other Expenses $5,878,871

TOTAL EXPENSES $8,247,349

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,323,137	$7,006,078	+0.2%
Expenses	$8,247,349	$6,494,213	+0.3%
Net Income	$75,788	$511,865	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

105

Volunteers

750

Governance Policies

✗ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$144,829

Total Directors

$144,829

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF BAKER	TRUSTEE	0.20	Director	$0	$0	$0
GRAHAM ROGERS	PRESIDENT	0.20	Officer Director	$0	$0	$0
BOB WETTERMAN	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
MATT NOLAN	TREASURER	0.20	Officer Director	$0	$0	$0
GWEN STERK	TRUSTEE	0.20	Director	$0	$0	$0
KEVIN WATSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$144,829	$0	$144,829
CATHY LEIBROCK	TRUSTEE	0.20	Director	$0	$0	$0
CALVIN QUARLES	TRUSTEE	0.20	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$8,323,137	$8,247,349	$11,855,967	$75,788
2023	$7,006,078	$6,494,213	$11,870,442	$511,865
2022	$7,061,189	$6,848,081	$11,619,366	$213,108
2022	$7,026,066	$6,812,958	$11,619,366	$213,108
2021	$7,641,354	$6,771,854	$11,699,812	$869,500
2020	$7,988,362	$6,939,923	$8,251,113	$1,048,439
2019	$7,414,192	$7,593,790	$7,217,357	$-179,598
2018	$6,918,438	$7,271,974	$7,559,530	$-353,536

MORNING STAR MISSION MINISTRIES INC