Morning Star Development logo

Morning Star Development

COLORADO SPRINGS, CO EIN: 54-2086318 Website

The Organization is a community and economic development organization committed to helping the people of Afghanistan rebuild their country and their lives by offering practical help and recources.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-9.2% YoY

Revenue

$2.2M

+13.4% YoY

Net Investment Income

$36K

+142.5% YoY

Expenses

$2.5M

+25.2% YoY

About Morning Star Development

Based on IRS filings

Morning Star Development is a nonprofit organization focused on International, Foreign Affairs & National Security, based in COLORADO SPRINGS, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. Net investment income was $36K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Colorado Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$694K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$1,957,974$2,157,504$2,088,174
Revenue$2,190,635$1,932,486$2,028,180
Expenses$2,498,184$1,995,779$1,911,328
Qualifying Distributions
Net Investment Income$36,085$14,881$2,016
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K0 grants20200 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LARS PETERSONPresident$112KDANIEL BATCHELDERPresident Emeritus$9K

From 2024 filing

NameTitleHoursCompensation
LARS PETERSONPresident40$111,623
DANIEL BATCHELDERPresident Emeritus4$9,305
GAIL GOOLSBYDirector1
SCOTT ROSSChairman of the Board2
DANIKA JOSHUASecretary1
KHALID AHMADZAIDirector1
JOEL WITZELDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Morning Star Development?

Morning Star Development is a nonprofit organization focused on International, Foreign Affairs & National Security, based in COLORADO SPRINGS, CO. It holds $2.0M in total assets as of 2024.

How large is Morning Star Development?

As of 2024, Morning Star Development holds $2.0M in total assets with $2.2M in annual revenue.

Where does Morning Star Development operate?

Morning Star Development has awarded grants in Colorado.

What is Morning Star Development's EIN?

Morning Star Development's EIN (Employer Identification Number) is 54-2086318. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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