Sunbelt Health & Rehab Centerapopka Inc

Sunbelt Health & Rehab Centerapopka Inc. consistently operates with deficits in recent years, drawing on reserves.

EIN: 205774856 · Altamonte Spg, FL · Updated: 2026-03-28

$1.3MRevenue

$19.2MAssets

65/100Mission Score (Good)

About Sunbelt Health & Rehab Centerapopka Inc

Sunbelt Health & Rehab Centerapopka Inc (EIN: 205774856) is a nonprofit organization based in Altamonte Spg, FL. The organization reported total revenue of $1.3M and total assets of $19.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunbelt Health & Rehab Centerapopka Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sunbelt Health & Rehab Centerapopka Inc. demonstrates a consistent operational pattern over the past decade, with annual revenues and expenses typically in the $12-15 million range. A notable trend is that expenses have frequently exceeded revenues in recent years, such as in 2022 where expenses were $15,002,856 against revenues of $13,366,081, indicating an operating deficit. This pattern of spending more than it earns could raise concerns about long-term financial sustainability if not addressed by drawing on reserves or increasing revenue streams.

The organization's assets have shown growth over the decade, from $9,412,926 in 2013 to $12,592,896 in 2022, although there was a dip from a high of $17,191,378 in 2020. Liabilities have also fluctuated, showing a significant increase in recent years, reaching $6,526,111 in 2022, which is a substantial portion of its assets. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sunbelt Health & Rehab Centerapopka Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Sunbelt Health & Rehab Centerapopka Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer leadership or that executive compensation is embedded within other operational expenses, which limits transparency on this specific aspect.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Sunbelt Health & Rehab Centerapopka Inc's IRS 990 filings:

Consistent operating deficits in recent years (e.g., $1.6 million in 2022)
Significant increase in liabilities from $1.6 million in 2019 to $6.5 million in 2022
Lack of clarity on executive compensation due to consistent 0% reporting

Strengths

The following positive indicators were identified for Sunbelt Health & Rehab Centerapopka Inc:

Long operational history with consistent revenue streams over a decade
Substantial asset base of $12.5 million in 2022, providing financial cushion
No reported officer compensation, potentially indicating volunteer leadership

Frequently Asked Questions about Sunbelt Health & Rehab Centerapopka Inc

What is the reason for the consistent operating deficits in recent years?

The filings show that expenses have exceeded revenues in multiple recent periods (e.g., 2022, 2021, 2020), indicating the organization is spending more than it earns annually.

How does the organization sustain operations with recurring deficits?

With recurring deficits, the organization likely draws upon its accumulated assets or reserves to cover the shortfall, as evidenced by the fluctuation in asset values.

Why is officer compensation consistently reported as 0%?

A consistent 0% officer compensation could mean that leadership is entirely volunteer-based, or that compensation is categorized differently within the financial statements, requiring further clarification for full transparency.

What caused the significant increase in liabilities in recent years?

Liabilities increased from $1,646,351 in 2019 to $6,526,111 in 2022, a substantial rise that warrants investigation into the nature of these new obligations.

Filing History

IRS 990 filing history for Sunbelt Health & Rehab Centerapopka Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Sunbelt Health & Rehab Centerapopka Inc's revenue has grown by 8.2%, moving from $12.3M to $13.4M. Total assets increased by 59.8% over the same period, from $7.9M to $12.6M. Total functional expenses rose by 36.2%, from $11.0M to $15.0M. In its most recent filing year (2022), Sunbelt Health & Rehab Centerapopka Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $6.5M in liabilities against $12.6M in assets (debt-to-asset ratio: 51.8%), resulting in net assets of $6.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$13.4M	$15.0M	$12.6M	$6.5M	—	View 990
2021	$12.1M	$13.9M	$14.5M	$6.8M	—	View 990
2020	$12.8M	$14.7M	$17.2M	$7.7M	—	View 990
2019	$12.2M	$12.7M	$12.9M	$1.6M	—	View 990
2018	$12.2M	$12.5M	$12.0M	$2.3M	—	View 990
2017	$12.8M	$12.3M	$12.3M	$2.0M	—	View 990
2016	$12.7M	$12.3M	$11.6M	$2.1M	—	View 990
2015	$13.0M	$12.5M	$11.0M	$2.1M	—	View 990
2014	$12.5M	$11.7M	$10.3M	$1.8M	—	View 990
2013	$12.2M	$11.2M	$9.4M	$1.6M	—	View 990
2012	$12.1M	$11.5M	$8.2M	$1.4M	—	View 990
2011	$12.3M	$11.0M	$7.9M	$1.6M	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $13.4M, expenses of $15.0M, and assets of $12.6M (revenue +10.7% year-over-year).
2021: Revenue of $12.1M, expenses of $13.9M, and assets of $14.5M (revenue -6.0% year-over-year).
2020: Revenue of $12.8M, expenses of $14.7M, and assets of $17.2M (revenue +5.0% year-over-year).
2019: Revenue of $12.2M, expenses of $12.7M, and assets of $12.9M (revenue +0.6% year-over-year).
2018: Revenue of $12.2M, expenses of $12.5M, and assets of $12.0M (revenue -4.6% year-over-year).
2017: Revenue of $12.8M, expenses of $12.3M, and assets of $12.3M (revenue +0.4% year-over-year).
2016: Revenue of $12.7M, expenses of $12.3M, and assets of $11.6M (revenue -2.0% year-over-year).
2015: Revenue of $13.0M, expenses of $12.5M, and assets of $11.0M (revenue +3.9% year-over-year).
2014: Revenue of $12.5M, expenses of $11.7M, and assets of $10.3M (revenue +2.1% year-over-year).
2013: Revenue of $12.2M, expenses of $11.2M, and assets of $9.4M (revenue +1.3% year-over-year).
2012: Revenue of $12.1M, expenses of $11.5M, and assets of $8.2M (revenue -2.4% year-over-year).
2011: Revenue of $12.3M, expenses of $11.0M, and assets of $7.9M.

Data Sources and Methodology

This transparency report for Sunbelt Health & Rehab Centerapopka Inc 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.