Morning Star Development 
The information on this page was last updated 12/17/2025. If you see errors or omissions, please email: [email protected]
Summary
Morning Star Development provides training and services to the Afghan people to empower individuals and transform communities.
Contact information
Mailing address:
Morning Star Development
PO Box 62327
Colorado Springs, CO 80962
Website: msdev.org
Phone: 719-266-8900
Email: [email protected]
Organization details
EIN: 542086318
CEO/President: Lars Peterson
Chairman: Scott Ross
Board size: 7
Founder: Daniel Batchelder
Ruling year: 2003
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2005
Purpose
Morning Star Development provides training and services to the Afghan people to empower individuals and transform communities. Our training and services can be categorized into four categories: 1) Medical Service & Training; 2) Leadership Development; 3) Community Development; and 4) Displaced Afghans.
Mission statement
Bringing hope, opportunity, and transformation to Afghan people worldwide.
Statement of faith
Articles
| 1/30/2026 | Creation Research Institute, No Longer Bound Rise in Financial Efficiency, Donor Confidence |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Relief and Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 777 of 1420 | 60 of 114 |
| Fund acquisition rating | | 777 of 1420 | 65 of 114 |
| Resource allocation rating | | 644 of 1420 | 54 of 114 |
| Asset utilization rating | | 833 of 1421 | 63 of 114 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 6% | 6% | 5% | 4% | 6% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 6% | 6% | 5% | 4% | 5% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 92% | 95% | 95% | 96% | 96% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 5% | 6% | 5% | 7% | 6% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 8% | 5% | 5% | 4% | 4% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 86% | 86% | 86% | 86% | 84% | 85% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 114% | 103% | 94% | 59% | 87% |
Program output ratio Program output ratio = Program services / Total revenue | 83% | 98% | 89% | 81% | 50% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -14% | -3% | 6% | 41% | 13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 6% | -20% | -3% | 6% | 57% | 27% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 7% | 9% | 9% | 8% | 9% | 8% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.50 | 1.28 | 0.93 | 0.92 | 0.66 | 1.32 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.16 | 1.16 | 1.14 | 1.15 | 1.13 | 1.38 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.06 | 1.48 | 1.05 | 1.05 | 0.75 | 1.82 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.75 | 4.07 | 6.18 | 10.46 | 6.34 | 7.44 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.06 | 0.25 | 0.16 | 0.10 | 0.16 | 0.13 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.90 | 6.11 | 9.53 | 10.32 | 13.54 | 5.71 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 8% | 21% | 14% | 8% | 20% | 25% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 6% | 15% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 54% | 62% | 93% | 100% | 121% | 57% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $1,685,783 | $1,890,798 | $1,816,546 | $1,931,611 | $733,619 |
| Receivables, inventories, prepaids | $1,650 | $1,400 | $1,400 | $63,021 | $22 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,687,433 | $1,892,198 | $1,817,946 | $1,994,632 | $733,641 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $270,541 | $265,306 | $270,228 | $253,327 | $279,801 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $270,541 | $265,306 | $270,228 | $253,327 | $279,801 |
| Total assets | $1,957,974 | $2,157,504 | $2,088,174 | $2,247,959 | $1,013,442 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $57,144 | $23,639 | $24,570 | $11,433 | $18,555 |
| Other current liabilities | $357,268 | $282,754 | $149,200 | $303,176 | $80,000 |
| Total current liabilities | $414,412 | $306,393 | $173,770 | $314,609 | $98,555 |
| Debt | $0 | $0 | $0 | $135,798 | $149,900 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $0 | $0 | $0 | $135,798 | $149,900 |
| Total liabilities | $414,412 | $306,393 | $173,770 | $450,407 | $248,455 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $550,274 | $767,054 | $667,340 | $413,273 | $266,083 |
| With donor restrictions | $993,288 | $1,084,057 | $1,247,064 | $1,384,279 | $498,904 |
| Net assets | $1,543,562 | $1,851,111 | $1,914,404 | $1,797,552 | $764,987 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $2,025,293 | $1,827,388 | $1,935,899 | $2,420,676 | $1,481,336 |
| Program service revenue | $128,045 | $87,914 | $84,655 | $97,006 | $110,509 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $36,085 | $14,881 | $2,016 | ($2,100) | ($61,452) |
| Other revenue | $1,212 | $2,303 | $5,610 | $6,373 | $8,381 |
| Total other revenue | $165,342 | $105,098 | $92,281 | $101,279 | $57,438 |
| Total revenue | $2,190,635 | $1,932,486 | $2,028,180 | $2,521,955 | $1,538,774 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $2,149,069 | $1,714,062 | $1,646,530 | $1,251,223 | $1,136,326 |
| Management and general | $221,582 | $171,804 | $160,968 | $138,686 | $113,272 |
| Fundraising | $127,533 | $109,913 | $103,830 | $99,481 | $84,172 |
| Total expenses | $2,498,184 | $1,995,779 | $1,911,328 | $1,489,390 | $1,333,770 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($307,549) | ($63,293) | $116,852 | $1,032,565 | $205,004 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($307,549) | ($63,293) | $116,852 | $1,032,565 | $205,004 |
Compensation
| Name | Title | Compensation |
| Lars Peterson | President | $111,623 |
| Daniel Batchelder | President Emeritus | $9,305 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/17/2025. To update the information below, please email: [email protected]
History
https://msdev.org/our-history/