Sunrise Court Housing

Sunrise Court Housing consistently spends more than it earns, drawing down assets while maintaining low liabilities and zero reported officer compensation.

EIN: 203602772 · Seattle, WA · Updated: 2026-03-28

$191KRevenue
$917KAssets
75/100Mission Score (Good)
Sunrise Court Housing Financial Summary
MetricValue
Total Revenue$191K
Total Expenses$221K
Program Spending85%
Net Assets$818K
Transparency Score75/100

Is Sunrise Court Housing Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sunrise Court Housing directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sunrise Court Housing

Sunrise Court Housing (EIN: 203602772) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $191K and total assets of $917K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunrise Court Housing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

80Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Sunrise Court Housing is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$183K
Total Expenses$221K
Surplus / Deficit$-37,670
Total Assets$892K
Total Liabilities$74K
Net Assets$818K
Operating Margin-20.6%
Debt-to-Asset Ratio8.3%
Months of Reserves48.5 months

Financial Health Grade: B

In 2023, Sunrise Court Housing reported a deficit of $38K with expenses exceeding revenue, holds 48.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Sunrise Court Housing's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+5.6%+6.0%-2.6%
2022+10.0%+18.6%-2.7%
2021+6.5%-5.4%-2.5%
2020-0.1%+6.4%-1.8%
2019+0.4%-5.5%-2.3%

IRS Tax-Exempt Classification

IRS Classification Codes1700
IRS Ruling Date1946

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Sunrise Court Housing appears to be in a stable, albeit slightly declining, financial position. While the organization consistently operates with expenses exceeding revenue, leading to a gradual decrease in assets from $1,102,365 in 2014 to $891,610 in 2023, its liabilities remain relatively low, peaking at $73,934 in 2023. This suggests that while they are drawing down on reserves, they are not accumulating significant debt. The organization demonstrates strong spending efficiency with 0% officer compensation reported across all available filings, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation. This commitment to minimizing administrative overhead is a positive sign. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging. The consistent deficit spending warrants attention to ensure long-term sustainability. Transparency is good regarding executive compensation, with clear reporting of 0% officer compensation. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and public disclosure. However, the lack of NTEE code information and a detailed functional expense breakdown in the provided data limits a deeper analysis of their programmatic focus and operational efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sunrise Court Housing with a Mission Score of 75 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, Sunrise Court Housing 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$183KTotal Revenue
$221KTotal Expenses
$892KTotal Assets
$74KTotal Liabilities
$818KNet Assets
  • The organization reported a deficit of $38K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 8.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either uncompensated or compensated through mechanisms not categorized as officer compensation, which is highly favorable for a nonprofit of its size.

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 Court Housing's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue) over multiple years, leading to declining assets.
  • Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting full efficiency analysis.

Strengths

The following positive indicators were identified for Sunrise Court Housing:

  • Zero reported officer compensation across all filings, indicating highly efficient leadership or volunteer-based governance.
  • Low liabilities relative to assets, suggesting good financial management despite deficit spending.
  • Consistent IRS Form 990 filing history (13 filings), demonstrating transparency and compliance.
  • Stable revenue generation, consistently above $130,000 annually over the past decade.

Frequently Asked Questions about Sunrise Court Housing

Is Sunrise Court Housing a legitimate charity?

Sunrise Court Housing (EIN: 203602772) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $191K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Sunrise Court Housing spend its money?

Sunrise Court Housing directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Sunrise Court Housing tax-deductible?

Sunrise Court Housing is registered as a tax-exempt nonprofit (EIN: 203602772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Sunrise Court Housing's spending goes to programs?

Sunrise Court Housing directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Sunrise Court Housing located?

Sunrise Court Housing is headquartered in Seattle, Washington and files with the IRS under EIN 203602772.

How many years of IRS 990 filings does Sunrise Court Housing have?

Sunrise Court Housing has 13 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 $191K in total revenue.

Is Sunrise Court Housing financially sustainable given its consistent deficit spending?

Sunrise Court Housing has consistently spent more than its revenue for at least the past decade, leading to a decline in assets from $1,102,365 in 2014 to $891,610 in 2023. While liabilities are low, this trend of drawing down reserves is not sustainable long-term without an increase in revenue or a reduction in expenses.

What is the primary source of Sunrise Court Housing's revenue?

The provided data only shows total revenue figures, not the breakdown by source. To understand the primary source, one would need to examine the full IRS Form 990 filings.

How does Sunrise Court Housing manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation is structured in a way that it is not reported as officer compensation on the 990 form. This is a significant indicator of low administrative overhead.

Filing History

IRS 990 filing history for Sunrise Court Housing showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sunrise Court Housing's revenue has grown by 33.6%, moving from $137K to $183K. Total assets decreased by 23.4% over the same period, from $1.2M to $892K. Total functional expenses rose by 77.7%, from $124K to $221K. In its most recent filing year (2023), Sunrise Court Housing reported a deficit of $38K, with expenses exceeding revenue. The organization holds $74K in liabilities against $892K in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $818K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $183K $221K $892K $74K
2022 $173K $208K $915K $60K View 990
2021 $158K $176K $940K $50K
2020 $148K $186K $964K $57K View 990
2019 $148K $174K $982K $36K View 990
2018 $148K $185K $1.0M $34K View 990
2017 $134K $165K $1.0M $14K View 990
2016 $141K $164K $1.1M $12K View 990
2015 $142K $166K $1.1M $14K View 990
2014 $143K $160K $1.1M $16K View 990
2013 $138K $145K $1.1M $25K View 990
2012 $137K $151K $1.1M $35K View 990
2011 $137K $124K $1.2M $41K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $183K, expenses of $221K, and assets of $892K (revenue +5.6% year-over-year).
  • 2022: Revenue of $173K, expenses of $208K, and assets of $915K (revenue +10.0% year-over-year).
  • 2021: Revenue of $158K, expenses of $176K, and assets of $940K (revenue +6.5% year-over-year).
  • 2020: Revenue of $148K, expenses of $186K, and assets of $964K (revenue -0.1% year-over-year).
  • 2019: Revenue of $148K, expenses of $174K, and assets of $982K (revenue +0.4% year-over-year).
  • 2018: Revenue of $148K, expenses of $185K, and assets of $1.0M (revenue +10.3% year-over-year).
  • 2017: Revenue of $134K, expenses of $165K, and assets of $1.0M (revenue -5.2% year-over-year).
  • 2016: Revenue of $141K, expenses of $164K, and assets of $1.1M (revenue -0.7% year-over-year).
  • 2015: Revenue of $142K, expenses of $166K, and assets of $1.1M (revenue -0.8% year-over-year).
  • 2014: Revenue of $143K, expenses of $160K, and assets of $1.1M (revenue +3.6% year-over-year).
  • 2013: Revenue of $138K, expenses of $145K, and assets of $1.1M (revenue +0.7% year-over-year).
  • 2012: Revenue of $137K, expenses of $151K, and assets of $1.1M (revenue +0.3% year-over-year).
  • 2011: Revenue of $137K, expenses of $124K, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sunrise Court Housing:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Sunrise Court Housing 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.

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