Sunshine Place Inc
Sunshine Place Inc shows significant revenue growth and strong financial health with no reported officer compensation.
EIN: 205398498 · Sun Prairie, WI · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| Net Assets | $5.6M |
| Transparency Score | 92/100 |
Is Sunshine Place Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sunshine Place Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sunshine Place Inc
Sunshine Place Inc (EIN: 205398498) is a nonprofit organization based in Sun Prairie, WI, classified under NTEE code P12. The organization reported total revenue of $5.9M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunshine Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunshine Place Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 35.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $5.7M |
| Total Liabilities | $63K |
| Net Assets | $5.6M |
| Operating Margin | 35.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 17.0 months |
Financial Health Grade: A
In 2023, Sunshine Place Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sunshine Place Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +263.2% | +316.8% | +65.2% |
| 2022 | +44.6% | -15.9% | +24.3% |
| 2021 | -13.6% | +11.1% | +2.3% |
| 2020 | +65.0% | +199.1% | +15.1% |
| 2019 | +6.7% | -25.5% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Place Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sunshine Place Inc 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:
- The organization reported a surplus of $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
Sunshine Place Inc reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly commendable for a nonprofit of its size and revenue, suggesting a strong focus on mission-related spending.
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.
Strengths
The following positive indicators were identified for Sunshine Place Inc:
- Significant revenue growth, from $834,049 in 2019 to $6,251,933 in 2023.
- Consistent asset growth, reaching $5,696,622 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency and mission focus.
- Expenses consistently lower than revenue in most periods, leading to healthy surpluses.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Sunshine Place Inc
Is Sunshine Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunshine Place Inc (EIN: 205398498) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Sunshine Place Inc spend its money?
Sunshine Place Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sunshine Place Inc tax-deductible?
Sunshine Place Inc is registered as a tax-exempt nonprofit (EIN: 205398498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sunshine Place Inc's spending goes to programs?
Sunshine Place Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sunshine Place Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sunshine Place Inc is above average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sunshine Place Inc located?
Sunshine Place Inc is headquartered in Sun Prairie, Wisconsin and files with the IRS under EIN 205398498. It is classified under NTEE code P12.
How many years of IRS 990 filings does Sunshine Place Inc have?
Sunshine Place Inc 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 $5.9M in total revenue.
Is Sunshine Place Inc a good charity?
Based on the available financial data, Sunshine Place Inc appears to be a very good charity. It demonstrates strong financial growth, maintains healthy assets, and notably reports 0% officer compensation, suggesting a high dedication to its mission.
How has Sunshine Place Inc's revenue changed over time?
Sunshine Place Inc has experienced substantial revenue growth, particularly in recent years. Revenue increased from $834,049 in 2019 to $6,251,933 in 2023, indicating significant expansion and fundraising success.
What is Sunshine Place Inc's asset growth like?
The organization's assets have grown consistently and significantly, from $1,594,652 in 2014 to $5,696,622 in 2023, reflecting strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Sunshine Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sunshine Place Inc's revenue has grown by 3672%, moving from $166K to $6.3M. Total assets increased by 469.6% over the same period, from $1.0M to $5.7M. Total functional expenses rose by 2506.6%, from $154K to $4.0M. In its most recent filing year (2023), Sunshine Place Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $63K in liabilities against $5.7M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $4.0M | $5.7M | $63K | — | — |
| 2022 | $1.7M | $966K | $3.4M | $41K | — | — |
| 2021 | $1.2M | $1.1M | $2.8M | $123K | — | View 990 |
| 2020 | $1.4M | $1.0M | $2.7M | $100K | — | View 990 |
| 2019 | $834K | $346K | $2.4M | $90K | — | View 990 |
| 2018 | $782K | $464K | $1.9M | $99K | — | View 990 |
| 2017 | $204K | $228K | $1.6M | $98K | — | — |
| 2016 | $295K | $237K | $1.6M | $112K | — | View 990 |
| 2015 | $405K | $223K | $1.7M | $245K | — | View 990 |
| 2014 | $311K | $243K | $1.6M | $359K | — | View 990 |
| 2013 | $294K | $228K | $1.6M | $387K | — | View 990 |
| 2012 | $276K | $168K | $1.5M | $410K | — | View 990 |
| 2011 | $166K | $154K | $1.0M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $4.0M, and assets of $5.7M (revenue +263.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $966K, and assets of $3.4M (revenue +44.6% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $2.8M (revenue -13.6% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.0M, and assets of $2.7M (revenue +65.0% year-over-year).
- 2019: Revenue of $834K, expenses of $346K, and assets of $2.4M (revenue +6.7% year-over-year).
- 2018: Revenue of $782K, expenses of $464K, and assets of $1.9M (revenue +283.1% year-over-year).
- 2017: Revenue of $204K, expenses of $228K, and assets of $1.6M (revenue -30.9% year-over-year).
- 2016: Revenue of $295K, expenses of $237K, and assets of $1.6M (revenue -27.0% year-over-year).
- 2015: Revenue of $405K, expenses of $223K, and assets of $1.7M (revenue +30.1% year-over-year).
- 2014: Revenue of $311K, expenses of $243K, and assets of $1.6M (revenue +5.7% year-over-year).
- 2013: Revenue of $294K, expenses of $228K, and assets of $1.6M (revenue +6.7% year-over-year).
- 2012: Revenue of $276K, expenses of $168K, and assets of $1.5M (revenue +66.5% year-over-year).
- 2011: Revenue of $166K, expenses of $154K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunshine Place Inc:
Data Sources and Methodology
This transparency report for Sunshine Place 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.