Sunshine Social Services Inc
Sunshine Social Services Inc shows stable revenue growth but recent deficit and increased liabilities.
EIN: 10582371 · Los Angeles, CA · NTEE: P81 · Updated: 2026-03-28
Is Sunshine Social Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sunshine Social Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sunshine Social Services Inc
Sunshine Social Services Inc (EIN: 10582371) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code P81. The organization reported total revenue of $3.5M and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunshine Social Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunshine Social Services Inc is a mid-size nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-389,294 |
| Total Assets | $469K |
| Total Liabilities | $574K |
| Net Assets | $-105,301 |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 122.5% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Sunshine Social Services Inc reported a deficit of $389K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 122.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sunshine Social Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.3% | +35.7% | +13.3% |
| 2022 | +10.3% | +7.4% | -16.3% |
| 2021 | -5.8% | -0.5% | -4.2% |
| 2020 | -1.7% | -7.6% | +3.8% |
| 2019 | +4.9% | +14.6% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Social Services Inc with a Mission Score of 80 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 Social Services 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 deficit of $389K, with expenses exceeding revenue.
- Debt-to-asset ratio: 122.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with over $3 million in annual revenue and suggests either volunteer leadership or that compensation is categorized differently within their financial statements.
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 Social Services Inc's IRS 990 filings:
- Significant increase in liabilities from $129,688 in 2022 to $573,811 in 2023, warranting further investigation.
- Expenses exceeded revenue in the most recent fiscal period (202312), indicating a deficit.
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and could indicate a lack of transparency in executive compensation reporting.
Strengths
The following positive indicators were identified for Sunshine Social Services Inc:
- Consistent revenue growth over the past decade, from $1,237,269 in 2014 to $3,206,912 in 2023.
- Generally stable asset base, indicating responsible management of resources.
- Long filing history (14 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Sunshine Social Services Inc
Is Sunshine Social Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunshine Social Services Inc (EIN: 10582371) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does Sunshine Social Services Inc spend its money?
Sunshine Social Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sunshine Social Services Inc tax-deductible?
Sunshine Social Services Inc is registered as a tax-exempt nonprofit (EIN: 10582371). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $129,688 in 2022 to $573,811 in 2023?
The IRS 990 data indicates a substantial jump in liabilities in the 202312 period, which could be due to new debt, deferred revenue, or other obligations. Further detail from the full 990 filing would be needed to understand the nature of this increase.
How does Sunshine Social Services Inc fund its executive leadership if officer compensation is consistently reported as 0%?
The consistent 0% officer compensation reported across all filings is atypical for an organization of this size. It suggests either that leadership is entirely volunteer-based, or that compensation is reported under different expense categories (e.g., salaries and wages for non-officer roles) or through a related organization.
What is the organization's plan to address the deficit incurred in the 202312 fiscal period?
In 202312, expenses ($3,596,206) exceeded revenue ($3,206,912). While not a large deficit relative to total revenue, sustained deficits could impact financial health. The organization would need to outline strategies to balance its budget in future periods.
Filing History
IRS 990 filing history for Sunshine Social Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sunshine Social Services Inc's revenue has grown by 454.3%, moving from $579K to $3.2M. Total assets increased by 90.9% over the same period, from $245K to $469K. Total functional expenses rose by 808.1%, from $396K to $3.6M. In its most recent filing year (2023), Sunshine Social Services Inc reported a deficit of $389K, with expenses exceeding revenue. The organization holds $574K in liabilities against $469K in assets (debt-to-asset ratio: 122.5%), resulting in net assets of $-105,301.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.6M | $469K | $574K | — | View 990 |
| 2022 | $2.6M | $2.6M | $414K | $130K | — | View 990 |
| 2021 | $2.4M | $2.5M | $494K | $160K | — | View 990 |
| 2020 | $2.5M | $2.5M | $516K | $73K | — | View 990 |
| 2019 | $2.5M | $2.7M | $497K | $75K | — | View 990 |
| 2018 | $2.4M | $2.3M | $560K | $0 | — | View 990 |
| 2017 | $2.4M | $2.3M | $474K | $0 | — | View 990 |
| 2016 | $2.1M | $2.0M | $432K | $630 | — | View 990 |
| 2015 | $1.6M | $1.5M | $281K | $0 | — | View 990 |
| 2014 | $1.2M | $1.2M | $200K | $6K | — | View 990 |
| 2013 | $1.0M | $1.0M | $162K | $0 | — | View 990 |
| 2012 | $736K | $730K | $175K | $0 | — | View 990 |
| 2011 | $606K | $635K | $185K | $16K | — | View 990 |
| 2010 | $579K | $396K | $245K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.6M, and assets of $469K (revenue +23.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.6M, and assets of $414K (revenue +10.3% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.5M, and assets of $494K (revenue -5.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $516K (revenue -1.7% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.7M, and assets of $497K (revenue +4.9% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $560K (revenue +2.8% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.3M, and assets of $474K (revenue +12.1% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $432K (revenue +31.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $281K (revenue +29.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $200K (revenue +20.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $162K (revenue +39.5% year-over-year).
- 2012: Revenue of $736K, expenses of $730K, and assets of $175K (revenue +21.4% year-over-year).
- 2011: Revenue of $606K, expenses of $635K, and assets of $185K (revenue +4.7% year-over-year).
- 2010: Revenue of $579K, expenses of $396K, and assets of $245K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunshine Social Services Inc:
Data Sources and Methodology
This transparency report for Sunshine Social Services 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.