Sunstone Education Foundation Incorporated
EIN: 870683974 · Salt Lake Cty, UT · NTEE: X83
| Metric | Value |
|---|---|
| Total Revenue | $406K |
| Total Expenses | $401K |
| Net Assets | $-17,529 |
Is Sunstone Education Foundation Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sunstone Education Foundation Incorporated
Sunstone Education Foundation Incorporated (EIN: 870683974) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code X83. The organization reported total revenue of $406K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunstone Education Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunstone Education Foundation Incorporated is a small 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 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $401K |
| Surplus / Deficit | $-5,222 |
| Total Assets | $11K |
| Total Liabilities | $29K |
| Net Assets | $-17,529 |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 258.4% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2023, Sunstone Education Foundation Incorporated reported a deficit of $5K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 258.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Sunstone Education Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | -1.9% | -32.5% |
| 2022 | +16.6% | +41.9% | -43.8% |
| 2021 | +83.1% | +3.8% | +82.3% |
| 2020 | -39.6% | -16.7% | -77.5% |
| 2019 | -22.7% | +12.8% | -28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sunstone Education Foundation Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sunstone Education Foundation Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 258.4%.
Frequently Asked Questions about Sunstone Education Foundation Incorporated
Is Sunstone Education Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunstone Education Foundation Incorporated (EIN: 870683974) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sunstone Education Foundation Incorporated spend its money?
Detailed spending breakdown data is not yet available for Sunstone Education Foundation Incorporated. Check back for updated IRS 990 analysis.
Are donations to Sunstone Education Foundation Incorporated tax-deductible?
Sunstone Education Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 870683974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sunstone Education Foundation Incorporated located?
Sunstone Education Foundation Incorporated is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 870683974. It is classified under NTEE code X83.
How many years of IRS 990 filings does Sunstone Education Foundation Incorporated have?
Sunstone Education Foundation Incorporated has 14 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 $406K in total revenue.
Filing History
IRS 990 filing history for Sunstone Education Foundation Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sunstone Education Foundation Incorporated's revenue has grown by 40.8%, moving from $281K to $396K. Total assets decreased by 77.3% over the same period, from $49K to $11K. Total functional expenses rose by 37.3%, from $292K to $401K. In its most recent filing year (2023), Sunstone Education Foundation Incorporated reported a deficit of $5K, with expenses exceeding revenue. The organization holds $29K in liabilities against $11K in assets (debt-to-asset ratio: 258.4%), resulting in net assets of $-17,529.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $401K | $11K | $29K | — | — |
| 2022 | $393K | $409K | $16K | $29K | — | View 990 |
| 2021 | $337K | $288K | $29K | $27K | — | View 990 |
| 2020 | $184K | $278K | $16K | $63K | — | View 990 |
| 2019 | $305K | $333K | $71K | $27K | — | View 990 |
| 2018 | $394K | $295K | $100K | $27K | — | View 990 |
| 2017 | $282K | $310K | $16K | $45K | — | View 990 |
| 2016 | $258K | $277K | $14K | $14K | — | View 990 |
| 2015 | $261K | $245K | $31K | $12K | — | View 990 |
| 2014 | $246K | $268K | $14K | $11K | — | View 990 |
| 2013 | $233K | $242K | $25K | $0 | — | View 990 |
| 2012 | $115K | $238K | $24K | $0 | — | View 990 |
| 2011 | $236K | $258K | $22K | $0 | — | View 990 |
| 2010 | $281K | $292K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $401K, and assets of $11K (revenue +0.7% year-over-year).
- 2022: Revenue of $393K, expenses of $409K, and assets of $16K (revenue +16.6% year-over-year).
- 2021: Revenue of $337K, expenses of $288K, and assets of $29K (revenue +83.1% year-over-year).
- 2020: Revenue of $184K, expenses of $278K, and assets of $16K (revenue -39.6% year-over-year).
- 2019: Revenue of $305K, expenses of $333K, and assets of $71K (revenue -22.7% year-over-year).
- 2018: Revenue of $394K, expenses of $295K, and assets of $100K (revenue +39.7% year-over-year).
- 2017: Revenue of $282K, expenses of $310K, and assets of $16K (revenue +9.4% year-over-year).
- 2016: Revenue of $258K, expenses of $277K, and assets of $14K (revenue -1.2% year-over-year).
- 2015: Revenue of $261K, expenses of $245K, and assets of $31K (revenue +6.2% year-over-year).
- 2014: Revenue of $246K, expenses of $268K, and assets of $14K (revenue +5.3% year-over-year).
- 2013: Revenue of $233K, expenses of $242K, and assets of $25K (revenue +103.4% year-over-year).
- 2012: Revenue of $115K, expenses of $238K, and assets of $24K (revenue -51.3% year-over-year).
- 2011: Revenue of $236K, expenses of $258K, and assets of $22K (revenue -16.0% year-over-year).
- 2010: Revenue of $281K, expenses of $292K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunstone Education Foundation Incorporated:
Data Sources and Methodology
This transparency report for Sunstone Education Foundation Incorporated 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.