XReligion-RelatedEIN: 230891430· Ruling Year: 1959

Morning Cheer Inc

North East, Maryland

B+Health Score
70B+

Financial Health Score

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

Good

💰
$7.2M
Total Revenue
📊
$7.6M
Total Expenses
🏦
$4.0M
Net Assets
📋
$3.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.5%
Year-over-year change (2023 → 2024)
Net Margin
-5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.53
Net assets divided by total expenses
Liabilities-to-Assets
44.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$7,186,4609%$7,598,4889%$7,213,4316%
2023$7,937,83924%$6,939,80620%$7,655,4649%
2022$6,397,75053%$5,762,80639%$7,004,4934%
2021$4,193,82945%$4,148,30446%$7,322,5275%
2020$7,615,3137%$7,682,1246%$7,001,5361%
2019$8,153,7015%$8,174,1013%$6,942,16214%
2018$7,733,2672%$7,918,2765%$8,105,8971%
2017$7,853,3576%$7,562,3463%$8,013,8303%
2016$7,403,1452%$7,771,1692%$8,234,6004%
2015$7,252,0131%$7,635,6213%$8,536,5935%
2014$7,294,1011%$7,841,1426%$8,951,4086%
2013$7,369,4422%$7,365,6594%$9,516,3672%
2012$7,487,798$7,695,676$9,748,349

Frequently Asked Questions

What does Morning Cheer Inc do?

Morning Cheer Inc is a religion-related nonprofit organization based in Maryland. It is classified under NTEE code X200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morning Cheer Inc financially healthy?

Based on our 9-metric Financial Health Score model, Morning Cheer Inc has a score of 70/100 (Grade: B+). 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 Morning Cheer Inc generate?

Morning Cheer Inc reports $8.0M in annual revenue and holds $6.7M in total assets, based on IRS filings.

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