J โ€” EmploymentEIN: 910757099ยท Ruling Year: 1964

Morningside

Olympia, Washington

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$9.1M
Total Revenue
๐Ÿ“Š
$8.1M
Total Expenses
๐Ÿฆ
$7.0M
Net Assets
๐Ÿ“‹
$4.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+11.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.86
Net assets divided by total expenses
Liabilities-to-Assets
36.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,127,922โ†‘21%$8,124,455โ†‘1%$11,038,129โ†‘30%
2022$7,564,409โ†‘15%$8,052,375โ†‘27%$8,518,021โ†‘19%
2021$6,575,120โ†“2%$6,330,150โ†‘6%$7,181,079โ†‘6%
2020$6,714,286โ†‘5%$5,951,693โ†“1%$6,794,205โ†‘12%
2019$6,390,643โ†‘1%$6,031,710โ†‘1%$6,068,194โ†‘7%
2018$6,330,299โ†‘8%$5,974,338โ†‘8%$5,662,957โ†‘8%
2017$5,862,268โ†‘6%$5,532,761โ†‘8%$5,240,584โ†‘4%
2016$5,549,114โ†‘11%$5,138,682โ†‘10%$5,015,359โ†‘7%
2015$5,006,718โ†‘6%$4,685,359โ†‘6%$4,671,705โ†‘10%
2014$4,703,804โ†‘8%$4,409,320โ†‘10%$4,260,448โ†‘2%
2013$4,359,666โ†‘17%$4,008,972โ†‘7%$4,156,859โ†‘9%
2012$3,722,890$3,756,525โ†“2%$3,828,226โ†“3%
2011$3,710,229$3,816,028$3,938,429

Frequently Asked Questions

What does Morningside do?โ–ผ

Morningside is a employment nonprofit organization based in Washington. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morningside financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Morningside has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Morningside generate?โ–ผ

Morningside reports $9.0M in annual revenue and holds $18.5M in total assets, based on IRS filings.

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Morningside โ€” Olympia, WA | GiveScope