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