Is Sunny Meadows Foundation Legit?

Quick charity verification for Sunny Meadows Foundation (EIN: 10567224)

Verdict: Sunny Meadows Foundation appears trustworthy

90/100Mission Score
$670KRevenue
$150KAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Sunny Meadows Foundation demonstrates consistent financial activity, with revenues fluctuating between approximately $373,000 and $859,000 over the past decade. In the latest filing (202212), the organization reported revenues of $670,406 against expenses of $663,619, indicating a slight surplus. The organization maintains a relatively stable asset base, with $150,045 in assets in 2022, and remarkably low liabilities, consistently reported as $1 across most filings, suggesting strong financial control and minimal debt burden. This consistent financial management, coupled with the absence of reported officer compensation, points to a lean operational structure. The foundation's spending efficiency appears strong, as evidenced by the close alignment of expenses to revenues, often resulting in small surpluses or deficits. The lack of reported officer compensation is a significant indicator of efficient use of funds, likely directing a larger proportion of resources towards program services. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests a focus on mission delivery rather than administrative overhead or executive benefits. The consistent filing history over nine periods also indicates a commitment to transparency and regulatory compliance. Overall, Sunny Meadows Foundation appears to be a financially sound and efficiently managed organization. Its ability to operate with minimal liabilities and no reported officer compensation, while maintaining a consistent level of program activity, suggests a strong commitment to its mission. The consistent financial reporting further enhances its transparency profile.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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