Sunshine Homes INC FY2020 filing

Tax-deductible

Atlantic, IA501(c)(3)Since 1989EIN 42-6399608Revenue $1.0M in FY2020

On file with the IRS1307 Sunnyside Ln, 50022-2205 · Atlantic, IATax-exempt since Jun 1987Publicly supported charity — 170(b)(1)(A)(vi)

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Residential care facility

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$177K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $137K a year · 7% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$177K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$268K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
Spent
$945K
To programs
100%
Net assets
$524K
By yearFY2020–FY2025
Revenue
$1.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.6M
FY2022$1.7M
FY2023$2.3M
FY2024$2.5M
FY2025$2.8M
Expenses
$945K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$945K
FY2021$1.2M
FY2022$1.4M
FY2023$2.0M
FY2024$2.7M
FY2025$2.8M
Net assets
$524K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$524K
FY2021$925K
FY2022$1.2M
FY2023$1.5M
FY2024$1.3M
FY2025$1.4M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $945K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $177K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
V President Sec Treasurer
$91,418Pt VII · Sec A
$86,049Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Jeff Smith$238,100$159,614$91,418
Charles a Smith$80,383$90,150$86,049
Traci Smith$58,401——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sunshine Homes INC is a nonprofit based in Atlantic, IA, formed in 1989.

Questions for Sunshine Homes INC

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Provided by the organization

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1 program · $945K · in their own filed words · FY2019
01

Operation of residential care facility in iowaero keyed (direct entry)

$945Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$1.0M
Gifts and grantsLn 1h$6K
Investment incomeLn 3$2K
Money outPt IX
$945K
Ln 25
Programscol B$945K
Owns and owesPt X
$524K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$792K
LiabilitiesLn 26$268K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Government grantsLn 1e$6K
Fees for servicesLn 2g$1.0M
Investment incomeLn 3$2K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$112K
SavingsLn 2$95K
Cash and savings togetherLn 1–2$207K
Land, buildings, equipmentLn 10c$358K
Total assetsLn 16$792K
LiabilitiesLn 26$268K
Net assetsLn 32$524K
OperationsPt I, VI
EmployeesI 531
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$149K$207K
Land, buildings, equipmentLn 10c$366K$358K
Total assetsLn 16$634K$792K
LiabilitiesLn 26$188K$268K
Net assetsLn 32$445K$524K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$214K$214K
Other salaries and wagesLn 7$313K$313K
Other employee benefitsLn 9$38K$38K
Payroll taxesLn 10$40K$40K
Legal feesLn 11b$675$675
Accounting feesLn 11c$12K$12K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$16K$16K
OccupancyLn 16$183K$183K
TravelLn 17$223$223
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$25K$25K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$71K$71K
Total functional expensesLn 25$945K$945K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.8M$2.8M−$15K$1.4M 990 PDF
FY2024 $2.5M$2.7M−$204K$1.3M 990 PDF
FY2023 $2.3M$2.0M$329K$1.5M 990 PDF
FY2022 $1.7M$1.4M$233K$1.2M 990 PDF
FY2021 $1.6M$1.2M$401K$925K 990 PDF
FY2020 Viewing $1.0M$945K$79K$524K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,024,195 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,568$5,528
I-9 Program service revenuePrior year $721,441$1,017,012
I-10 Investment incomePrior year $1,039$1,655
I-11 Other revenue$0
I-12 Total revenuePrior year $728,048$1,024,195
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $528,118$604,491
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $202,592$340,423
I-18 Total expensesPrior year $730,710$944,914
I-19 Revenue less expensesPrior year −$2,662$79,281
Part VI · Governance 5 of 7 board members independent, 5 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $1,024,195 across 5 lines filed
VIII-1e Government grants$5,528
VIII-1h Total contributions, gifts and grants$5,528
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,017,012$1,017,012
VIII-3 Investment incomeRelated to mission $1,655$1,655
VIII-12 Total revenueRelated to mission $1,018,667 · Unrelated business $0 · Excluded from tax $0$1,024,195
Part IX · Statement of functional expenses $944,914 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $213,826$213,826
IX-7 Other salaries and wagesPrograms $312,592$312,592
IX-9 Other employee benefitsPrograms $37,607$37,607
IX-10 Payroll taxesPrograms $40,466$40,466
IX-11b Legal feesPrograms $675$675
IX-11c Accounting feesPrograms $11,961$11,961
IX-12 Advertising and promotionPrograms $3,563$3,563
IX-13 Office expensesPrograms $16,128$16,128
IX-16 OccupancyPrograms $182,883$182,883
IX-17 TravelPrograms $223$223
IX-20 InterestPrograms $6,317$6,317
IX-22 Depreciation, depletion and amortizationPrograms $24,897$24,897
IX-23 InsurancePrograms $23,198$23,198
IX-24 Other expenses (24a–d)Programs $70,578$70,578
IX-25 Total functional expensesPrograms $944,914 · Management $0 · Fundraising $0$944,914
Part X · Balance sheet $792,156 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $37,180$111,620
X-2 Savings and temporary cash investmentsStart of year $112,174$95,072
X-4 Accounts receivableStart of year $71,129$217,757
X-9 Prepaid expenses and deferred chargesStart of year $9,095$9,715
X-10c Land, buildings and equipment, netStart of year $366,376$357,992
X-16 Total assetsStart of year $633,507$792,156
X-17 Accounts payable and accrued expensesStart of year $43,000$49,787
X-25 Other liabilitiesStart of year $3,850$94,842
X-26 Total liabilitiesStart of year $188,498$267,866
X-32 Total net assets or fund balancesStart of year $445,009$524,290
X-33 Total liabilities and net assetsStart of year $633,507$792,156
Part XI · Reconciliation of net assets $524,290 net assets at year end
XI-1 Total revenue$1,024,195
XI-2 Total expenses$944,914
XI-3 Revenue less expenses$79,281
XI-4 Net assets at start of year$445,009
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$524,290

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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