MORNING STAR ACADEMY (EIN 451593367) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

CAROL HENDRIX

Phone

9035835974

Tax Period

2024-07-01 to 2025-06-30

MORNING STAR ACADEMY, founded in 2011, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 52% operating deficit.

Mission

TRANSFORMING TOMORROW BY SHAPING HEARTS, GROWING MINDS AND EMPOWERING CHRIST-LIKE LEADERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $710,851

Program Service Revenue $506,968

Investment Income $91,117

Other Revenue $11,194

TOTAL REVENUE $1,320,130

Expense Breakdown

Grants Paid $0

Salaries & Benefits $758,879

Fundraising Expenses $2,298

Program Expenses $1,444,310

Other Expenses $1,250,482

TOTAL EXPENSES $2,009,361

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,320,130	$1,326,839	0.0%
Expenses	$2,009,361	$1,848,197	+0.1%
Net Income	$-689,231	$-521,358	+0.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$99,122

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDY BURNS	HEAD OF SCHO	10.00	Officer	$87,897	$11,225	$99,122
LINDA COOK	VP/DIRECTOR	10.00	Officer Director	$0	$0	$0
CAROL HENDRIX	PRESIDENT/DI	40.00	Officer Director	$0	$0	$0
SHARON LEE	DIRECTOR	10.00	Director	$0	$0	$0
CAMI RUTLEDGE	TREAS/SEC/DI	10.00	Director	$0	$0	$0
JAMES K STEVENS	DIRECTOR	10.00	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
2025	$1,320,130	$2,009,361	$19,185,373	$-689,231
2024	$1,326,839	$1,848,197	$19,830,767	$-521,358
2023	$947,005	$1,863,947	$20,350,829	$-916,942
2022	$1,593,135	$1,922,225	$21,203,372	$-329,090
2021	$1,705,156	$2,198,461	$21,575,064	$-493,305
2020	$1,246,113	$2,246,105	$22,273,265	$-999,992
2019	$1,535,949	$2,268,438	$23,068,291	$-732,489

MORNING STAR ACADEMY