Sunshine Foundation
Sunshine Foundation shows volatile revenue and declining assets, with consistent deficit spending in recent years.
EIN: 200524553 · Birmingham, AL · NTEE: T22 · Updated: 2026-03-28
Is Sunshine Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sunshine Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sunshine Foundation
Sunshine Foundation (EIN: 200524553) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22. The organization reported total revenue of $5K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunshine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunshine Foundation is a micro nonprofit that has been operating for 22 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 332.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $69K |
| Surplus / Deficit | $-9,455 |
| Total Assets | $173K |
| Total Liabilities | $1 |
| Net Assets | $173K |
| Operating Margin | -15.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 29.9 months |
Financial Health Grade: B
In 2015, Sunshine Foundation reported a deficit of $9K with expenses exceeding revenue, holds 29.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Sunshine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 332.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +20.0% | +317.4% | -5.2% |
| 2014 | +4999900.0% | -55.2% | +22.4% |
| 2013 | -100.0% | +187.4% | -20.0% |
| 2012 | +11595.9% | -43.9% | +4.0% |
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 Sunshine Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sunshine Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led or very lean leadership structure, which is commendable 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 Sunshine Foundation's IRS 990 filings:
- Significant revenue volatility, ranging from $1 to $60,000 over five years.
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $69,455 expenses vs. $60,000 revenue in 2015).
- Declining asset base from $186,131 in 2012 to $113,547 currently.
- Current revenue of $5,000 is very low compared to historical expenses, raising sustainability concerns.
Strengths
The following positive indicators were identified for Sunshine Foundation:
- Zero officer compensation reported across all filings, indicating a commitment to minimizing administrative overhead.
- Low liabilities reported consistently ($0-$1), suggesting good debt management.
Frequently Asked Questions about Sunshine Foundation
Is Sunshine Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunshine Foundation (EIN: 200524553) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Sunshine Foundation spend its money?
Sunshine Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sunshine Foundation tax-deductible?
Sunshine Foundation is registered as a tax-exempt nonprofit (EIN: 200524553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sunshine Foundation financially stable?
The organization's financial stability is questionable given the significant fluctuations in revenue (e.g., $1 in 2013 vs. $60,000 in 2015) and a pattern of expenses exceeding revenue in multiple periods, such as $69,455 in expenses against $60,000 in revenue in 2015.
Why have the assets declined?
Assets have declined from a high of $186,131 in 2012 to $113,547 currently. This could be due to consistent deficit spending, where the organization uses its reserves to cover operational costs, or a decrease in asset value, but further detailed financial statements would be needed to confirm the exact reasons.
What is the current operational capacity given the $5,000 revenue?
With current revenue at $5,000, which is significantly lower than previous years' expenses (e.g., $69,455 in 2015), the organization's current operational capacity appears severely limited unless it has substantial unrestricted reserves or other funding sources not reflected in the latest revenue figure.
Filing History
IRS 990 filing history for Sunshine Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Sunshine Foundation's revenue has grown by 34987.7%, moving from $171 to $60K. Total assets decreased by 3.4% over the same period, from $179K to $173K. Total functional expenses rose by 201.7%, from $23K to $69K. In its most recent filing year (2015), Sunshine Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $173K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $60K | $69K | $173K | $1 | — | View 990 |
| 2014 | $50K | $17K | $182K | $1 | — | View 990 |
| 2013 | $1 | $37K | $149K | $1 | — | View 990 |
| 2012 | $20K | $13K | $186K | $1 | — | View 990 |
| 2011 | $171 | $23K | $179K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $60K, expenses of $69K, and assets of $173K (revenue +20.0% year-over-year).
- 2014: Revenue of $50K, expenses of $17K, and assets of $182K (revenue +4999900.0% year-over-year).
- 2013: Revenue of $1, expenses of $37K, and assets of $149K (revenue -100.0% year-over-year).
- 2012: Revenue of $20K, expenses of $13K, and assets of $186K (revenue +11595.9% year-over-year).
- 2011: Revenue of $171, expenses of $23K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunshine Foundation:
Data Sources and Methodology
This transparency report for Sunshine Foundation 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.