Sunrise Opportunities
Sunrise Opportunities consistently operates near break-even with no reported officer compensation.
EIN: 10407276 · Machias, ME · NTEE: F33Z · Updated: 2026-03-28
Is Sunrise Opportunities Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sunrise Opportunities directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sunrise Opportunities
Sunrise Opportunities (EIN: 10407276) is a nonprofit organization based in Machias, ME, classified under NTEE code F33Z. The organization reported total revenue of $10.9M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunrise Opportunities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sunrise Opportunities with a Mission Score of 95 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 Opportunities 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.
Executive Compensation Analysis
Sunrise Opportunities consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with over $10 million in annual revenue and suggests a strong commitment to directing funds towards its mission.
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 Opportunities's IRS 990 filings:
- Consistent 0% officer compensation might indicate a reporting anomaly or a highly unusual operational model for an organization of this size, warranting further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Sunrise Opportunities:
- Strong program spending, as implied by near break-even operations and 0% officer compensation.
- Consistent growth in revenue and assets over the past decade, demonstrating financial stability and expansion.
- High transparency regarding executive compensation, with 0% reported for officers.
- Efficient financial management, with expenses closely tracking revenues in most periods.
Frequently Asked Questions about Sunrise Opportunities
Is Sunrise Opportunities a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunrise Opportunities (EIN: 10407276) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Sunrise Opportunities spend its money?
Sunrise Opportunities directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sunrise Opportunities tax-deductible?
Sunrise Opportunities is registered as a tax-exempt nonprofit (EIN: 10407276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sunrise Opportunities a good charity?
Based on the available data, Sunrise Opportunities appears to be a very good charity. It consistently operates near break-even, indicating efficient use of funds, and reports 0% officer compensation, which is a strong indicator of financial integrity and dedication to its mission.
How has Sunrise Opportunities' financial health changed over time?
Sunrise Opportunities has shown steady growth in both revenue and assets over the past decade. Revenue increased from $5,954,374 in 201506 to $10,445,984 in 202406, and assets grew from $2,243,923 to $5,168,039 in the same period, indicating improving financial stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that its officers are either unpaid volunteers or that their compensation is categorized differently and not reported under 'Officer Comp' on the 990, which would warrant further investigation for full transparency.
Filing History
IRS 990 filing history for Sunrise Opportunities showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sunrise Opportunities's revenue has grown by 78.7%, moving from $5.8M to $10.4M. Total assets increased by 235.2% over the same period, from $1.5M to $5.2M. Total functional expenses rose by 84.7%, from $5.6M to $10.4M. In its most recent filing year (2024), Sunrise Opportunities reported a surplus of $39K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $5.2M in assets (debt-to-asset ratio: 30.9%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $10.4M | $10.4M | $5.2M | $1.6M | — | View 990 |
| 2023 | $9.5M | $9.8M | $5.0M | $1.4M | — | View 990 |
| 2022 | $9.6M | $9.5M | $5.1M | $1.3M | — | View 990 |
| 2021 | $10.6M | $8.0M | $5.2M | $1.5M | — | View 990 |
| 2020 | $8.6M | $8.3M | $4.0M | $3.0M | — | View 990 |
| 2019 | $8.0M | $7.9M | $1.9M | $1.2M | — | View 990 |
| 2018 | $7.2M | $7.1M | $2.0M | $1.4M | — | View 990 |
| 2017 | $6.8M | $6.8M | $2.3M | $1.8M | — | View 990 |
| 2016 | $6.8M | $6.8M | $2.5M | $1.9M | — | View 990 |
| 2015 | $6.0M | $6.0M | $2.2M | $1.7M | — | View 990 |
| 2014 | $5.7M | $5.5M | $2.0M | $1.4M | — | View 990 |
| 2013 | $5.8M | $5.5M | $2.1M | $1.7M | — | View 990 |
| 2012 | $5.6M | $5.7M | $1.3M | $1.2M | — | View 990 |
| 2011 | $5.8M | $5.6M | $1.5M | $812K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.4M, expenses of $10.4M, and assets of $5.2M (revenue +10.2% year-over-year).
- 2023: Revenue of $9.5M, expenses of $9.8M, and assets of $5.0M (revenue -1.7% year-over-year).
- 2022: Revenue of $9.6M, expenses of $9.5M, and assets of $5.1M (revenue -9.2% year-over-year).
- 2021: Revenue of $10.6M, expenses of $8.0M, and assets of $5.2M (revenue +23.0% year-over-year).
- 2020: Revenue of $8.6M, expenses of $8.3M, and assets of $4.0M (revenue +7.8% year-over-year).
- 2019: Revenue of $8.0M, expenses of $7.9M, and assets of $1.9M (revenue +11.9% year-over-year).
- 2018: Revenue of $7.2M, expenses of $7.1M, and assets of $2.0M (revenue +4.9% year-over-year).
- 2017: Revenue of $6.8M, expenses of $6.8M, and assets of $2.3M (revenue +0.0% year-over-year).
- 2016: Revenue of $6.8M, expenses of $6.8M, and assets of $2.5M (revenue +14.6% year-over-year).
- 2015: Revenue of $6.0M, expenses of $6.0M, and assets of $2.2M (revenue +5.2% year-over-year).
- 2014: Revenue of $5.7M, expenses of $5.5M, and assets of $2.0M (revenue -2.2% year-over-year).
- 2013: Revenue of $5.8M, expenses of $5.5M, and assets of $2.1M (revenue +3.9% year-over-year).
- 2012: Revenue of $5.6M, expenses of $5.7M, and assets of $1.3M (revenue -4.7% year-over-year).
- 2011: Revenue of $5.8M, expenses of $5.6M, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Sunrise Opportunities 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.