Sonshine Club
EIN: 450948731 · Spartanburg, SC · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $140K |
| Total Expenses | $81K |
| Net Assets | $82K |
Is Sonshine Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sonshine Club
Sonshine Club (EIN: 450948731) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code P82. The organization reported total revenue of $140K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sonshine Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sonshine Club is a small nonprofit that has been operating for 15 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 68.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $81K |
| Surplus / Deficit | +$18K |
| Total Assets | $88K |
| Total Liabilities | $6K |
| Net Assets | $82K |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Sonshine Club reported a surplus of $18K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Sonshine Club's revenue has grown at a compound annual growth rate (CAGR) of 68.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +68.1% | +39.4% | +33.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sonshine Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sonshine Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Sonshine Club
Is Sonshine Club a legitimate charity?
Sonshine Club (EIN: 450948731) is a registered tax-exempt nonprofit based in South Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $140K. No red flags identified. Financial health grade: A.
How does Sonshine Club spend its money?
Sonshine Club reported $140K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sonshine Club tax-deductible?
Sonshine Club is registered as a tax-exempt nonprofit (EIN: 450948731). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sonshine Club located?
Sonshine Club is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 450948731. It is classified under NTEE code P82.
How many years of IRS 990 filings does Sonshine Club have?
Sonshine Club has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $140K in total revenue.
Filing History
IRS 990 filing history for Sonshine Club showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Sonshine Club's revenue has grown by 68.1%, moving from $59K to $99K. Total assets increased by 33.3% over the same period, from $66K to $88K. Total functional expenses rose by 39.4%, from $58K to $81K. In its most recent filing year (2023), Sonshine Club reported a surplus of $18K, with revenue exceeding expenses. The organization holds $6K in liabilities against $88K in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $82K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $81K | $88K | $6K | — | View 990 |
| 2022 | $59K | $58K | $66K | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sonshine Club:
Data Sources and Methodology
This transparency report for Sonshine Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.