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The Morningstar Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 481188964 ✦ Lawrence, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Morningstar Foundation Inc?

The Morningstar Foundation Inc, situated undisclosed, is a nonprofit organization dedicated to advancing, fostering, and promoting sports activities. Their mission is to offer educational and character-building opportunities through these sports activities, providing financial aid to participate in competitions and camps. Their programs aim to equip individuals with valuable life skills and knowledge.

Is The Morningstar Foundation Inc legitimate?

The Morningstar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morningstar Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Morningstar Foundation Inc?

The Morningstar Foundation's mission is centered around fostering and promoting sports activities. This organization aims to utilize sports as a platform for providing education and character building. Their programs offer financial assistance to enable individuals to participate in athletic competitions and camps. This approach is intended to foster personal growth and development through the participation in sports.

Who is the CEO of The Morningstar Foundation Inc?

Roger Morningstar is the Director of The Morningstar Foundation Inc.

What is the revenue of The Morningstar Foundation Inc?

The Morningstar Foundation Inc's revenue in 2022 was $219,174.

Who are the executives of The Morningstar Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Roger Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linsey Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Morningstar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Morningstar Foundation Inc?

The Morningstar Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Morningstar Foundation Inc

The Morningstar Foundation, in its mission, advances and fosters sports activities with the primary objective of providing educational and character-building opportunities. Through its programs, the organization offers financial assistance to enable individuals to participate in various athletic competitions and camps. By doing so, it aims to instill valuable lessons and skills that extend beyond the sports field, contributing to the overall development of the individuals involved.

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Impact




October, 2024

The Morningstar Foundation Inc significantly impacts the community by advancing and promoting sports activities that foster educational growth and character development. Through its programs, the foundation provides essential financial assistance, enabling individuals to participate in athletic competitions and camps. This support not only enhances athletic skills but also instills valuable life lessons such as teamwork, discipline, and resilience. By focusing on both education and character building, the foundation plays a vital role in nurturing well-rounded individuals, ultimately contributing to stronger communities in Lawrence, KS, and beyond.




This information is meant to be a general summary of The Morningstar Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$219,174 (2022)
Expenses
$158,557 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $219,174

Assets and Liabilities:

  • Total Assets: $79,810
  • Total Liabilities: $0
  • Net Assets: $79,810

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Organization Details

Founding Year

1996

Principal Officer

Roger Morningstar

Main Address

4605 BAUER BROOK COURT, LAWRENCE, KS, 66049

NTEE Category

Code: N60 - Recreation

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