Sunrise Charitable Fund Inc
Sunrise Charitable Fund Inc shows consistent asset growth and no liabilities, with volunteer leadership.
EIN: 201351251 · Wichita, KS · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $92K |
| Transparency Score | 85/100 |
Is Sunrise Charitable Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sunrise Charitable Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sunrise Charitable Fund Inc
Sunrise Charitable Fund Inc (EIN: 201351251) is a nonprofit organization based in Wichita, KS, classified under NTEE code T30. The organization reported total revenue of $22K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunrise Charitable Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunrise Charitable Fund Inc is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $12K |
| Surplus / Deficit | +$23K |
| Total Assets | $92K |
| Net Assets | $92K |
| Operating Margin | 65.0% |
| Months of Reserves | 89.6 months |
Financial Health Grade: A
In 2024, Sunrise Charitable Fund Inc reported a surplus of $23K with revenue exceeding expenses, holds 89.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2012–2024), Sunrise Charitable Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | -47.8% | +33.1% |
| 2023 | +153.8% | +225.5% | +17.2% |
| 2022 | -7.2% | +125.8% | +11.4% |
| 2021 | +84.0% | -97.8% | +26.6% |
| 2020 | -82.8% | +592.4% | -76.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sunrise Charitable Fund Inc with a Mission Score of 85 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sunrise Charitable Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based. This is highly favorable, as it means all donor contributions can be directed towards programmatic activities and operational costs, rather than executive salaries.
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 Sunrise Charitable Fund Inc's IRS 990 filings:
- Unexplained significant expense spike in 2020 ($145,390) relative to revenue ($7,759).
Strengths
The following positive indicators were identified for Sunrise Charitable Fund Inc:
- Consistent asset growth, reaching $91,718 in 2024.
- Zero liabilities reported across all filing periods, indicating strong financial health.
- No officer compensation reported, suggesting volunteer leadership and efficient use of funds.
- Expenses consistently lower than revenue in most recent years, allowing for asset accumulation.
- Strong recovery and continued growth after the 2020 expense anomaly.
Frequently Asked Questions about Sunrise Charitable Fund Inc
Is Sunrise Charitable Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunrise Charitable Fund Inc (EIN: 201351251) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Sunrise Charitable Fund Inc spend its money?
Sunrise Charitable Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sunrise Charitable Fund Inc tax-deductible?
Sunrise Charitable Fund Inc is registered as a tax-exempt nonprofit (EIN: 201351251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sunrise Charitable Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sunrise Charitable Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sunrise Charitable Fund Inc located?
Sunrise Charitable Fund Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 201351251. It is classified under NTEE code T30.
How many years of IRS 990 filings does Sunrise Charitable Fund Inc have?
Sunrise Charitable Fund Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $22K in total revenue.
Is Sunrise Charitable Fund Inc a good charity?
Based on the available data, Sunrise Charitable Fund Inc appears to be a good charity. It consistently maintains zero liabilities, has shown asset growth, and reports no officer compensation, suggesting high efficiency in directing funds to its mission. The significant expense in 2020 is an anomaly but the organization has recovered well.
What caused the large expense in 2020?
The IRS 990 data shows an expense of $145,390 in 2020 against revenue of only $7,759. The specific cause is not detailed in this summary data and would require reviewing the full 990 filing for that period to understand if it was a one-time program investment, asset purchase, or other significant outlay.
How does the organization manage to operate with no officer compensation?
The consistent reporting of 0% officer compensation across all filings indicates that the organization's leadership and potentially key operational roles are filled by volunteers. This is a strong indicator of dedication to the mission and efficient use of resources.
What is the trend in the organization's assets?
Excluding the 2019 peak of $179,325, the organization's assets have generally shown a positive trend, growing from $36,644 in 2012 to $91,718 in 2024. This indicates financial stability and an ability to retain resources for future activities.
Filing History
IRS 990 filing history for Sunrise Charitable Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sunrise Charitable Fund Inc's revenue has grown by 5.2%, moving from $33K to $35K. Total assets increased by 150.3% over the same period, from $37K to $92K. Total functional expenses fell by 57.3%, from $29K to $12K. In its most recent filing year (2024), Sunrise Charitable Fund Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $35K | $12K | $92K | $0 | — | — |
| 2023 | $34K | $24K | $69K | $0 | — | View 990 |
| 2022 | $13K | $7K | $59K | $0 | — | — |
| 2021 | $14K | $3K | $53K | $0 | — | — |
| 2020 | $8K | $145K | $42K | $0 | — | View 990 |
| 2019 | $45K | $21K | $179K | $0 | — | View 990 |
| 2018 | $121K | $52K | $155K | $0 | — | View 990 |
| 2017 | $32K | $10K | $86K | $0 | — | View 990 |
| 2016 | $59K | $62K | $64K | $0 | — | View 990 |
| 2012 | $33K | $29K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $35K, expenses of $12K, and assets of $92K (revenue +4.5% year-over-year).
- 2023: Revenue of $34K, expenses of $24K, and assets of $69K (revenue +153.8% year-over-year).
- 2022: Revenue of $13K, expenses of $7K, and assets of $59K (revenue -7.2% year-over-year).
- 2021: Revenue of $14K, expenses of $3K, and assets of $53K (revenue +84.0% year-over-year).
- 2020: Revenue of $8K, expenses of $145K, and assets of $42K (revenue -82.8% year-over-year).
- 2019: Revenue of $45K, expenses of $21K, and assets of $179K (revenue -62.7% year-over-year).
- 2018: Revenue of $121K, expenses of $52K, and assets of $155K (revenue +271.9% year-over-year).
- 2017: Revenue of $32K, expenses of $10K, and assets of $86K (revenue -45.1% year-over-year).
- 2016: Revenue of $59K, expenses of $62K, and assets of $64K (revenue +77.2% year-over-year).
- 2012: Revenue of $33K, expenses of $29K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunrise Charitable Fund Inc:
Data Sources and Methodology
This transparency report for Sunrise Charitable Fund 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.