Liquidity (current assets to liabilities) has steadily declined from 0.40 in 2017 to 0.19 in 2024, indicating potential long-term financial strain.
The organization consistently operates with a deficit, as expenses frequently exceed revenue (e.g., 2024: revenue $220,991, expenses $162,792, but assets are declining relative to liabilities).
No information on program impact or specific services provided is available, making it difficult to assess mission effectiveness beyond financial metrics.
Strengths
Consistent revenue generation over the past several years, demonstrating operational stability.
Expenses have remained relatively stable, suggesting cost control.
Assets have shown a slight increase in recent years (e.g., $125,912 in 2017 to $196,661 in 2024).
AI Transparency Report
Sunrise Residence Inc is a housing & shelter nonprofit based in Machias, Maine, with reported revenue of $226K and assets of $211K. Our AI analysis assigns a Mission Score of 70/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. - Financial filings are consistently submitted, indicating adherence to reporting requirements.
- Detailed breakdowns of program expenses are not readily available in the provided summary data.
- No specific transparency report or annual impact report was provided in the data. Executive compensation is not reported in the provided data, indicating it is likely below the threshold for mandatory disclosure or not applicable. Revenue has grown +30% across 13 filing periods.