Light of Morning Star Foundation

Nonprofit profile at a glance

EIN
461292145
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Fremont, CA, USA
Phone
6503809506
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$1,645,775
Expenses
$931,680
Assets
$22,782,013
Liabilities
$5,790

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • SHAO HAN KOU (President)

Highest reported compensation

  • NAI-SHU KOU (CFO): $96,000 total reported compensation
  • CHIH-WEI HO (Secretary): $74,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To establish an on-line Christian ministry, to spread the Gospel of Jesus Christ on-line and through other media and to be the light and the salt in our community, our nation, and throughout the world in obedience to the command of Jesus Christ, to foster Christian education, Christian fellowship and charity, and to encourage growth in Christian stewardship.

What it reported doing in 2024

The seminars and retreats aim to nature and train church leaders and believers alike to be well verse with the knowledge of the Scriptures. The primary vision of the organization is to train leaders and minsters to ground their teaching and preaching on solid understanding of the Scriptures.In the process of the operation of the organization, we publish and support other individual or organization for Christian spiritual life growth (Book, CD or DVD). We will also publish contents such as sermon, worship music, and video online. The organization will also form a musical team to rich the concerts of spiritual training.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 5
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.3%; rating input score 66
  • Program expense ratio: 96%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 43.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 24.45; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 18.3%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 13.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 16.7% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 16.4% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 66.3% of revenue deployed · 96% of spending went to programs
  • Governance: 0 of 3 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $894K in reported program spending
  • Leadership: top reported pay $96K · 3 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 17/100.