Sunshine Foundation
Sunshine Foundation shows fluctuating revenues and expenses, maintaining minimal liabilities and zero officer compensation.
EIN: 201192888 · Lincoln, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $28K |
| Program Spending | 80% |
| Net Assets | $67K |
| Transparency Score | 75/100 |
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 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sunshine Foundation
Sunshine Foundation (EIN: 201192888) is a nonprofit organization based in Lincoln, NE, classified under NTEE code T22. The organization reported total revenue of $208K and total assets of $141K 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 small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $28K |
| Surplus / Deficit | +$26K |
| Total Assets | $67K |
| Total Liabilities | $1 |
| Net Assets | $67K |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.5 months |
Financial Health Grade: A
In 2023, Sunshine Foundation reported a surplus of $26K with revenue exceeding expenses, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sunshine Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.3% | -32.8% | +64.7% |
| 2022 | -62.9% | -52.5% | -28.0% |
| 2021 | +52.7% | +7.5% | -24.0% |
| 2020 | -26.2% | +34.2% | -32.6% |
| 2019 | +96.2% | +9.8% | -6.3% |
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 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sunshine Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a volunteer-led or very lean executive structure, which can maximize funds available for programs relative to the organization's 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:
- Inconsistent revenue generation leading to periods of deficit spending (e.g., 2022 expenses $42,139 vs. revenue $26,277)
- Significant decline in assets from peak ($224,063 in 2012) to recent lows ($40,836 in 2022)
Strengths
The following positive indicators were identified for Sunshine Foundation:
- Consistent reporting with 10 IRS 990 filings available, indicating transparency
- Zero officer compensation across all reported periods, suggesting efficient use of funds at the executive level
- Extremely low liabilities ($1 across all filings), indicating strong financial stability regarding debt
- Positive net income in the latest reported period (2023: Revenue $54,745, Expenses $28,324)
Frequently Asked Questions about Sunshine Foundation
Is Sunshine Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunshine Foundation (EIN: 201192888) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Sunshine Foundation spend its money?
Sunshine Foundation directs 80% 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: 201192888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sunshine Foundation's spending goes to programs?
Sunshine Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sunshine Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Sunshine Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sunshine Foundation located?
Sunshine Foundation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 201192888. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sunshine Foundation have?
Sunshine Foundation 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 $208K in total revenue.
Is Sunshine Foundation a good charity?
Sunshine Foundation exhibits positive traits such as consistent IRS filings, minimal liabilities, and zero officer compensation, suggesting financial prudence and a volunteer-driven model. However, without detailed expense breakdowns (program, admin, fundraising), it's challenging to fully assess its program efficiency and impact. Its financial health has also shown volatility, with expenses exceeding revenue in several recent years.
How does Sunshine Foundation manage its finances given fluctuating revenues?
The organization manages its finances by maintaining very low liabilities ($1 across all filings) and zero officer compensation, which helps mitigate the impact of fluctuating revenues. Periods where expenses exceed revenue (e.g., 2022, 2021, 2020) suggest it may draw from reserves or rely on future revenue to cover operational costs, though the overall asset base has grown in some periods like 2023.
What is the trend in Sunshine Foundation's assets?
Sunshine Foundation's assets have fluctuated significantly over time. They peaked around $224,063 in 2012, then generally declined to a low of $40,836 in 2022, before recovering to $67,257 in 2023. This indicates periods of asset depletion followed by rebuilding, reflecting the organization's revenue and expense patterns.
Filing History
IRS 990 filing history for Sunshine Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sunshine Foundation's revenue has declined by 66.6%, moving from $164K to $55K. Total assets decreased by 66.9% over the same period, from $203K to $67K. Total functional expenses fell by 18.8%, from $35K to $28K. In its most recent filing year (2023), Sunshine Foundation reported a surplus of $26K, with revenue exceeding expenses. The organization holds $1 in liabilities against $67K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $28K | $67K | $1 | — | View 990 |
| 2022 | $26K | $42K | $41K | $1 | — | View 990 |
| 2021 | $71K | $89K | $57K | $1 | — | View 990 |
| 2020 | $46K | $83K | $75K | $1 | — | View 990 |
| 2019 | $63K | $62K | $111K | $1 | — | View 990 |
| 2015 | $32K | $56K | $118K | $1 | — | View 990 |
| 2014 | $65K | $83K | $142K | $1 | — | View 990 |
| 2013 | $49K | $113K | $160K | $1 | — | View 990 |
| 2012 | $174K | $154K | $224K | $1 | — | View 990 |
| 2011 | $164K | $35K | $203K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $28K, and assets of $67K (revenue +108.3% year-over-year).
- 2022: Revenue of $26K, expenses of $42K, and assets of $41K (revenue -62.9% year-over-year).
- 2021: Revenue of $71K, expenses of $89K, and assets of $57K (revenue +52.7% year-over-year).
- 2020: Revenue of $46K, expenses of $83K, and assets of $75K (revenue -26.2% year-over-year).
- 2019: Revenue of $63K, expenses of $62K, and assets of $111K (revenue +96.2% year-over-year).
- 2015: Revenue of $32K, expenses of $56K, and assets of $118K (revenue -50.8% year-over-year).
- 2014: Revenue of $65K, expenses of $83K, and assets of $142K (revenue +33.5% year-over-year).
- 2013: Revenue of $49K, expenses of $113K, and assets of $160K (revenue -72.1% year-over-year).
- 2012: Revenue of $174K, expenses of $154K, and assets of $224K (revenue +6.5% year-over-year).
- 2011: Revenue of $164K, expenses of $35K, and assets of $203K.
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.