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Morning Star Development

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

EIN: 542086318 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Morning Star Development?

Morning Star Development is a nonprofit organization situated in Colorado Springs, Colorado. With a team of 10 dedicated individuals, the organization has been instrumental in supporting the people of Afghanistan. They have provided various educational programs, focusing on leadership and business skills, in different regions of the country. Moreover, they offer essential services such as drug addiction recovery programs, medical and dental care, and birth life skills training. In response to humanitarian needs, they have also offered relief to Afghan families, both within and outside of Afghanistan. Furthermore, Morning Star Development extends resources to families and organizations receiving Afghan refugees, contributing to the overall well-being of the community. In summary, Morning Star Development is a committed community and economic development organization that aims to help the people of Afghanistan rebuild their nation and improve their lives by offering practical assistance and resources.


Official website here: www.msdev.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Star rating)

Morning Star Development has achieved a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization scored highly in leadership and adaptability, earning a perfect score of 100 in that area. With an impressive program expense ratio of 85.20%, the nonprofit demonstrates a commitment to directing funds towards its programs, which benefits its mission.

The financial health of Morning Star Development is reinforced by its low fundraising efficiency ratio of $0.05, suggesting that the organization effectively utilizes its resources. Furthermore, the presence of 80% independent board members enhances governance, ensuring that the organization operates with transparency and integrity. The organization has also implemented robust policies, such as conflict of interest and whistleblower policies, which contribute to its accountability.

While Morning Star Development has a strong overall rating, user feedback does not provide detailed information about the salaries of key personnel, which may be of interest to potential donors. Nevertheless, the organization’s independence and reliance on public support highlight its community-driven approach and commitment to transparency in operations.


This AI summary has been generated from information found on Charity Navigator.

Is Morning Star Development legitimate?

Morning Star Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morning Star Development 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: $102,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $445,938

For more financial information, click here


Official website here: www.msdev.org

What is the mission statement of Morning Star Development?

Morning Star Development, as a community and economic development organization, is dedicated to aiding the people of Afghanistan in their nation's rebuilding process. This is achieved by offering practical assistance and resources. The organization's mission extends beyond just rebuilding the country; it also aims to help the people rebuild their lives. This is accomplished through various initiatives such as providing leadership and business skills classes, offering drug addiction recovery programs, delivering medical and dental services, and offering birth and life skills training. Moreover, Morning Star Development extends its support to Afghan families both within and outside of Afghanistan, offering relief and resources to those receiving Afghan refugees.


Official website here: www.msdev.org

Who is the CEO of Morning Star Development?

Lars Peterson is the President of Morning Star Development.


Official website here: www.msdev.org

What is the revenue of Morning Star Development?

Morning Star Development's revenue in 2022 was $2,028,180.


Official website here: www.msdev.org

Who are the executives of Morning Star Development and what are their salaries?

The average compensation at Morning Star Development during 2022 was $54,802. There are 10 employees and 20 volunteers at Morning Star Development.


Here are 5 key members and their salaries:


Lars Peterson (President)
  • Compensation: $102,079
  • Related: $0
  • Other: $1,700
Daniel Batchelder (President Emeritus)
  • Compensation: $8,766
  • Related: $0
  • Other: $0
Gail Goolsby (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danika Joshua (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.msdev.org

Where can I find the form 990 for Morning Star Development?

Morning Star Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.msdev.org

Learn more at the official website: www.msdev.org

Mission Statement of Morning Star Development

Morning Star Development, a community and economic development organization, is devoted to aiding the people of Afghanistan in their quest to rebuild their nation and their lives. By offering practical assistance and resources, this organization seeks to contribute significantly to Afghanistan's revitalization. Its mission is twofold: firstly, it strives to help the Afghan people rebuild their communities; and secondly, it aims to support individuals in rebuilding their personal lives.

In pursuit of its mission, Morning Star Development provides a variety of services. It conducts leadership and business skills classes in various regions of Afghanistan, empowering individuals with the knowledge and skills necessary to contribute positively to their communities' development. Moreover, the organization offers drug addiction recovery programs, medical and dental services, and birth life skills training, aiming to improve the overall well-being of the Afghan population. Furthermore, Morning Star Development extends its reach beyond Afghanistan's borders, providing relief to Afghan families both within and outside the country. Lastly, the organization offers resources to families and organizations receiving Afghan refugees, offering a safety net and support during their transition to a new environment.

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Impact




July, 2024

Morning Star Development's impact has been significant in helping the people of Afghanistan rebuild their country and their lives. The organization has provided leadership and business skills classes in different regions of Afghanistan, as well as drug addiction recovery programs, medical and dental services, and birth life skills training to many Afghans. Morning Star Development has also offered relief to Afghan families both inside and outside of Afghanistan, and provided resources for families and organizations receiving Afghan refugees. Their efforts have had a positive impact on the communities they serve, offering practical help and resources to support rebuilding and development initiatives in Afghanistan.




This information is meant to be a general summary of Morning Star Development. 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
$2,028,180 (2022)
Expenses
$1,911,328 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,016
  • Program Service Revenue: $84,655
  • Gross Receipts: $2,028,180

Assets and Liabilities:

  • Total Assets: $2,088,174
  • Total Liabilities: $173,770
  • Net Assets: $1,914,404

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lodging for Guests

Revenue

$1,920

Medical Services

Revenue

$2,170

Program Revenue Afg

Revenue

$80,565

Organization Details

Founding Year

2002

Principal Officer

Lars Peterson

Main Address

PO Box 62327, Colorado Springs, CO, 80962

NTEE Category

Code: Q33 - International

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