Morning Pointe Foundation FY2023 filing

Tax-deductible

Ooltewah, TN501(c)(3)Social ScienceEIN 47-1301607Revenue $170K in FY2023

On file with the IRSmorningpointefoundation.com6020 Arbury Way, 37363-5000 · Ooltewah, TNTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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The Morning Pointe Foundation believes that families, healthcare professionals and researchers-those living, learning and leading-have the knowledge to master the aging process and advance the care of seniors for generations to come.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $40K a year · 23% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
33 mo
of spending, in cash
Looks good: 32.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $242
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 6 voting members
Fine: 3 of 6 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$170K
+23% vs prior year
Spent
$144K
To programs
87%
Net assets
$395K
By yearFY2020–FY2025
Revenue
$170K
FY2023▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$98K
FY2021$96K
FY2022$138K
FY2023$170K
FY2024$179K
FY2025$222K
Expenses
$144K
FY2023▲ +100%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$72K
FY2023$144K
FY2024$153K
FY2025$178K
Net assets
$395K
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$269K
FY2021$304K
FY2022$370K
FY2023$395K
FY2024$421K
FY2025$465K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $125K Management & general 13% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Morning Pointe Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers families, professionals, and researchers to master aging and advance senior care.

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Provided by the organization

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2 programs · $125K · in their own filed words · FY2023
01

Provided scholarships for nurses with community colleges across tennessee and kentucky.

$125Kprogram expense
02

Provided caregiver support programs, educational awareness events to advance the care of seniors. Increased public awareness of senior caregiving needs and challenges. Created resource rooms for the general public.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$242
Grants paid · 49 grants · $137K · 2022–2025
Roane State FoundationFY2025$6,000
Chattanooga State Community CollegeFY2025$4,000
Tennessee College of Applied Technology - JacksboroFY2025$3,000
Dalton State FoundationFY2025$3,000
Walters State Community CollegeFY2025$3,000
Motlow College FoundationTN · FY2025$2,000
Columbia State Community CollegeFY2025$2,000
Pellissippi State FoundationFY2025$2,000
Shelton State Community College FoundationFY2025$2,000
Owensboro Community & Technical CollegeFY2025$1,500
Tennessee College of Applied Technology - HohenwaldFY2025$1,500
Tennessee College of Applied Technology - HarrimanFY2025$1,500
Tennessee College of Applied Technology - KnoxvilleFY2025$1,500
Bluegrass Technical & Community CollegeFY2025$1,500
Ashland Technical & Community CollegeFY2025$1,000
See all 49 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$170K
Ln 12
Gifts and grantsLn 1h$90K
Other incomeLn 4–11$67K
Investment incomeLn 3$12K
Money outPt IX
$144K
Ln 25
Programscol B$125K
Managementcol C$19K
Owns and owesPt X
$395K
net assets · Ln 32
Cash and savingsLn 1–2$395K
Total assetsLn 16$395K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$90K
Fundraising eventsLn 1c$81K
Investment incomeLn 3$12K
Other incomeLn 4–11$67K
Total revenueLn 12$170K
Assets in detailPt X, end of year
CashLn 1$99K
SavingsLn 2$296K
Cash and savings togetherLn 1–2$395K
Total assetsLn 16$395K
LiabilitiesLn 26$0
Net assetsLn 32$395K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$369K$395K
Total assetsLn 16$370K$395K
LiabilitiesLn 26$0$0
Net assetsLn 32$370K$395K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$26K$26K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$84K$82K$1K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$6K$6K
Information technologyLn 14$9K$9K
OccupancyLn 16$20$20
TravelLn 17$125$125
Total functional expensesLn 25$144K$125K$19K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $222K$178K$44K$465K 990 PDF
FY2024 $179K$153K$26K$421K 990 PDF
FY2023 Viewing $170K$144K$25K$395K 990 PDF
FY2022 $138K$72K$66K$370K 990 PDF
FY2021 $96K$304K 990 PDF
FY2020 $98K$269K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $169,601 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $89,013$89,902
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $6,434$12,405
I-11 Other revenuePrior year $42,799$67,294
I-12 Total revenuePrior year $138,246$169,601
I-13 Grants and similar amounts paidPrior year $12,000$26,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $60,171$117,905
I-18 Total expensesPrior year $72,171$144,405
I-19 Revenue less expensesPrior year $66,075$25,196
Part VI · Governance 3 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $169,601 across 6 lines filed
VIII-1c Fundraising events$80,800
VIII-1f All other contributions, gifts and grants$9,102
VIII-1h Total contributions, gifts and grants$89,902
VIII-3 Investment incomeExcluded from tax $12,405$12,405
VIII-8 Net income from fundraising eventsExcluded from tax $67,294$67,294
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $79,699$169,601
Part IX · Statement of functional expenses $144,405 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $26,500$26,500
IX-11c Accounting feesManagement $3,350$3,350
IX-11g Other fees for servicesPrograms $82,400 · Management $1,133$83,533
IX-12 Advertising and promotionPrograms $16,187$16,187
IX-13 Office expensesManagement $5,695$5,695
IX-14 Information technologyManagement $8,995$8,995
IX-16 OccupancyManagement $20$20
IX-17 TravelManagement $125$125
IX-25 Total functional expensesPrograms $125,087 · Management $19,318 · Fundraising $0$144,405
Part X · Balance sheet $395,345 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $85,136$98,926
X-2 Savings and temporary cash investmentsStart of year $283,512$295,918
X-3 Pledges and grants receivableStart of year $1,501$501
X-16 Total assetsStart of year $370,149$395,345
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $370,149$395,345
X-32 Total net assets or fund balancesStart of year $370,149$395,345
X-33 Total liabilities and net assetsStart of year $370,149$395,345
Part XI · Reconciliation of net assets $395,345 net assets at year end
XI-1 Total revenue$169,601
XI-2 Total expenses$144,405
XI-3 Revenue less expenses$25,196
XI-4 Net assets at start of year$370,149
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$395,345

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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