JEmploymentEIN: 910757099· 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

💰
$9.1M
Total Revenue
📊
$8.1M
Total Expenses
🏦
$7.0M
Net Assets
📋
$4.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.7%
Year-over-year change (2022 → 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$9,127,92221%$8,124,4551%$11,038,12930%
2022$7,564,40915%$8,052,37527%$8,518,02119%
2021$6,575,1202%$6,330,1506%$7,181,0796%
2020$6,714,2865%$5,951,6931%$6,794,20512%
2019$6,390,6431%$6,031,7101%$6,068,1947%
2018$6,330,2998%$5,974,3388%$5,662,9578%
2017$5,862,2686%$5,532,7618%$5,240,5844%
2016$5,549,11411%$5,138,68210%$5,015,3597%
2015$5,006,7186%$4,685,3596%$4,671,70510%
2014$4,703,8048%$4,409,32010%$4,260,4482%
2013$4,359,66617%$4,008,9727%$4,156,8599%
2012$3,722,890$3,756,5252%$3,828,2263%
2011$3,710,229$3,816,028$3,938,429

Frequently Asked Questions

What does Morningside do?

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?

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?

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

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