Morningside University
86% goes to programs $14 to raise $100 Strong reserves
Morningside University is a 501(c)(3) organization based in Sioux City, Iowa, registered in 1950, with $72,930,259 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
1501 Morningside Ave, Sioux City, IA, 51106 EIN 42-0680400 Since 1950
Revenue (FY2024)
$72.9M
▲ 7.9% vs prior year
Education median: $200K
Expenses (FY2024)
$68.5M
Net assets
$111.4M
Employees
1,033
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $14 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Morningside University: 86% to programs · $14 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Morningside University: 20 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Morningside University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Morningside University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Morningside university is a 4 year private university, that provides a liberal arts education to full and part-time students, including co-curricular activities (residence halls, dining, bookstore).
What they do
Provides residence hall (living quarters) for full time under graduate students.
Provide food service (cafeteria) for students.
Contact & location
- Address
- 1501 Morningside Ave, Sioux City, IA, 51106
- City
- Sioux City
- State
- Iowa
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $52.5M (FY2013) to $72.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16.6MNet assets $111.4M
Operating margin
6.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$128.1M
Total liabilities
$16.6M
Net assets
$111.4M
Salaries & benefits
$23.9M
35% of expenses
Board members
40
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,930,259▲7.9% | $68,509,005▲4.1% | $111,441,669▲3.6% | $128,062,889▼5.4% | 990 |
| 2023 | $67,572,023▲6.6% | $65,811,058▲2.2% | $107,618,957▲7.7% | $135,355,394▲4.1% | 990 |
| 2022 | $63,396,838▼10.1% | $64,365,996▼1.5% | $99,940,631▼2.8% | $130,042,467▼3.2% | 990 |
| 2021 | $70,511,486▲4.6% | $65,328,143▲9.8% | $102,819,457▼0.9% | $134,278,573▼9.2% | 990 |
| 2020 | $67,438,390▲17.8% | $59,481,600▲1.5% | $103,759,910▲23.2% | $147,946,360▲15.0% | 990 |
| 2019 | $57,241,310▼4.1% | $58,591,407▲0.3% | $84,213,304▲0.1% | $128,662,837▼2.3% | 990 |
| 2018 | $59,678,425▼4.5% | $58,405,622▲3.7% | $84,156,639▼0.8% | $131,750,943▼0.8% | 990 |
| 2017 | $62,493,303▲9.2% | $56,327,461 | $84,809,763▲7.8% | $132,818,525▲3.0% | 990 |
| 2016 | $57,202,144▲4.2% | $56,307,569▲3.2% | $78,643,921▲6.1% | $128,901,494▲1.0% | 990 |
| 2015 | $54,898,099▲2.8% | $54,542,485▲7.7% | $74,092,069▼3.6% | $127,647,521▼7.5% | 990 |
| 2014 | $53,409,819▲1.7% | $50,665,421▲6.4% | $76,838,968▲1.5% | $137,925,315▲12.8% | 990 |
| 2013 | $52,539,568 | $47,610,199▲10.7% | $75,710,950▲13.6% | $122,282,010▲24.4% | 990 |
| 2012 | — | $43,008,758▼3.5% | $66,646,257▲18.6% | $98,317,517▲11.3% | 990 |
| 2011 | — | $44,564,220▲7.7% | $56,171,888▲1.2% | $88,317,865▲1.1% | 990 |
| 2010 | — | $41,371,280▲3.3% | $55,503,888▲9.4% | $87,337,983▲4.8% | 990 |
| 2009 | — | $40,057,967 | $50,743,656 | $83,305,969 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Albert Mosley — $351,587 (0.51% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Albert Mosley | President | 40 | $351,587 |
| John Reynders | Former President | 0 | $282,026 |
| Jacklyn Barber | Dean of Nursing | 40 | $239,627 |
| Christopher Spicer | Provost & Vp Academic Affairs | 40 | $192,488 |
| Terri Curry | Vp Student Life/enrollment | 40 | $174,575 |
| Paul Treft | Former Vp Business & Finance | 0 | $162,793 |
| Darrell Sandall | Dean of School of Business | 40 | $161,004 |
| Mark Lumsden | Vp Information Tech & Chief Info Officer | 40 | $157,491 |
| Erin Edlund | Chief of Staff & Vp University Engagement | 40 | $149,903 |
| Stephen Ryan | Head Football Coach | 40 | $143,461 |
| Jeanette Frey | Vp Business & Finance | 40 | $33,818 |
| Brayton Hagge | Director | 0.5 | — |
| Brian Johnson | Alumni Representative | 0.5 | — |
| Carol Werner | Director | 0.5 | — |
| Chad Benson | Director | 0.5 | — |
| Chris Bogenrief | Director | 0.5 | — |
| Cleophus Franklin | Director | 0.5 | — |
| Cory Roberts | Director | 0.5 | — |
| Craig Struve | Director | 0.5 | — |
| Curtis White | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Food Service | $3,107,549 |
| Daikin Applied | Hvac System | $220,943 |
| Mcallister & Quinn LLC | Consultant | $119,950 |
Grants received · $759K total
50 grants to Morningside University totaling $759K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $75,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,816 |
| American Online Giving Foundation Inc | General support | 2024 | $5,217 |
| Donor Advised Charitable Giving | Education | 2023 | $15,800 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $11,016 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,000 |
| American Endowment Foundation | Educational | 2023 | $5,500 |
| The Blackbaud Giving Fund | General support | 2022 | $30,197 |
| National Collegiate Inventors & Innovators Alliance | Grants to help fund and support faculty with innovative ideas to create new or transform existing courses and programs to help students develop novel, stem-based inventions and gain the necessary entrepreneurial skills needed to bring these ideas to market. | 2022 | $29,904 |
| Donor Advised Charitable Giving | Education | 2022 | $13,800 |
| Thrivent Charitable Impact & Investing | General support | 2022 | $11,261 |
| American Endowment Foundation | General operating support | 2022 | $10,000 |
| Donor Advised Charitable Giving | Education | 2021 | $19,000 |
| Thrivent Charitable Impact & Investing | Scholarship | 2021 | $11,180 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2020 | $50,000 |
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Frequently asked questions
- Is Morningside University a legitimate nonprofit?
- Yes. Morningside University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0680400, based in Sioux City, Iowa. Donations are tax-deductible.
- What is Morningside University's EIN?
- Morningside University's Employer Identification Number (EIN) is 42-0680400.
- How much revenue does Morningside University report?
- Morningside University reported $72,930,259 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Morningside University's spending goes to programs?
- Morningside University spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Morningside University have?
- CharityIndex grades Morningside University A, based on program efficiency and fundraising cost.
- How much does Morningside University's highest-paid employee make?
- The highest reported compensation on Morningside University's latest Form 990 is $351,587, paid to Albert Mosley (President).
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Data for Morningside University (EIN 42-0680400) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.