Quick charity verification for Sunshine Place Inc (EIN: 205398498)
Verdict: Sunshine Place Inc appears trustworthy
92/100Mission Score
$5.9MRevenue
$6.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth, from $834,049 in 2019 to $6,251,933 in 2023.
Consistent asset growth, reaching $5,696,622 in 2023.
0% reported officer compensation across all filings, indicating high efficiency and mission focus.
Expenses consistently lower than revenue in most periods, leading to healthy surpluses.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Sunshine Place Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Sunshine Place Inc
Is Sunshine Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunshine Place Inc (EIN: 205398498) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Sunshine Place Inc a good charity to donate to?
Sunshine Place Inc has a Mission Score of 92/100. Revenue: $5.9M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sunshine Place Inc?
The Employer Identification Number (EIN) for Sunshine Place Inc is 205398498. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Sunshine Place Inc spend its money?
Sunshine Place Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sunshine Place Inc's tax-exempt status?
You can verify Sunshine Place Inc's tax-exempt status using EIN 205398498 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Sunshine Place Inc demonstrates strong financial health and growth, particularly in its most recent filing period. In 2023, the organization reported revenue of $6,251,933 against expenses of $4,026,684, resulting in a significant surplus that contributed to an increase in assets to $5,696,622. This positive financial trajectory is a notable strength, especially when compared to previous years where revenue was considerably lower (e.g., $1,721,156 in 2022). The consistent growth in assets and revenue over the past several years indicates effective financial management and fundraising capabilities.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue in most periods, allowing for asset accumulation. The absence of reported officer compensation across all available filings suggests a commitment to directing funds towards its mission rather than executive salaries, which is a strong indicator of financial prudence and donor trust. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests a well-managed operation. The consistent filing of IRS Form 990s over 13 periods also points to a good level of transparency and compliance with regulatory requirements.