MORNINGSTAR'S DEVELOPMENT COMPANYINC (EIN 431692966) - 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

1991

Legal Domicile

Principal Officer

JOHN M MILES

Phone

8169233559

Tax Period

2023-01-01 to 2023-12-31

MORNINGSTAR'S DEVELOPMENT COMPANYINC, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $667K in total revenue in fiscal year 2023. Revenue surged 278% from the prior year, signaling strong growth momentum. The organization ran a surplus of $277K, a strong 41% operating margin.

Mission

EXPANDED COMMUNITY SERVICES WORK, PROVIDES FACILITIES FOR MEETINGS OF COMMUNITY ORGANIZATION, EXTENDS SERVICES TO SENIORS AND INCREASE YOUTH AWARENESS

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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 (2023)

Revenue Breakdown

Contributions & Grants $289,516

Program Service Revenue $123,888

Investment Income $0

Other Revenue $253,522

TOTAL REVENUE $666,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,425

Fundraising Expenses $0

Program Expenses $348,404

Other Expenses $368,924

TOTAL EXPENSES $390,349

Year-over-Year Comparison

	2023	2022	Change
Revenue	$666,926	$176,391	+2.8%
Expenses	$390,349	$292,067	+0.3%
Net Income	$276,577	$-115,676	-3.4%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOBBIE STEVENSON	PRESIDENT	10.00	Officer Director	$0	$0	$0
LINDA WATKINS	TREASURER	10.00	Officer Director	$0	$0	$0
CLIFFORD WATKINS	SECRETARY	10.00	Director	$0	$0	$0
THAD JONES	MEMBER	15.00	Director	$0	$0	$0
CHARLES COOPER	MEMBER	10.00	Director	$0	$0	$0
JANET MILES BARTEE	MEMBER	10.00	Director	$0	$0	$0
SAMMY HOWELL	MEMBER	40.00	Director	$0	$0	$0
ROY ANDERSON	MEMBER	10.00	Director	$0	$0	$0
JOHN MODEST MILES	MEMBER	10.00	Director	$0	$0	$0
DERIKE PITCHFORD	MEMBER	5.00	Director	$0	$0	$0
GRAHAM NELSON	MEMBER	5.00	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	No data	No data	No data	No data
2023	$666,926	$390,349	$4,208,956	$276,577
2022	$176,391	$292,067	$4,184,065	$-115,676
2021	$288,050	$325,684	$4,299,740	$-37,634
2020	$124,638	$281,721	$4,362,376	$-157,083
2019	$110,784	$256,710	$4,519,459	$-145,926

MORNINGSTAR'S DEVELOPMENT COMPANYINC