Sunshine Homes INC FY2021 filing

Tax-deductible

Atlantic, IA501(c)(3)Since 1989EIN 42-6399608

This page gets seen. Tell your story. Claim this org.

Residential care facility

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$250K 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

FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $168K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 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
$250K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$203K
18% of total assets
Looks good: liabilities are 18% 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
$1.6M
+55% vs prior year
Spent
$1.2M
To programs
100%
Net assets
$925K
By yearFY2020–FY2024
Revenue
$1.6M
FY2021▲ +55%
Revenue by fiscal year
FY2020$1.0M
FY2021$1.6M
FY2022$1.7M
FY2023$2.3M
FY2024$2.5M
FY2024$2.8M
Expenses
$1.2M
FY2021▲ +26%
Expenses by fiscal year
FY2020$945K
FY2021$1.2M
FY2022$1.4M
FY2023$2.0M
FY2024$2.7M
FY2024$2.8M
Net assets
$925K
FY2021▲ +76%
Net assets by fiscal year
FY2020$524K
FY2021$925K
FY2022$1.2M
FY2023$1.5M
FY2024$1.3M
FY2024$1.4M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. 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% · $1.2M

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990; $250K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
V President Sec Treasurer
$159,614Pt VII · Sec A
$90,150Pt 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.

See Sunshine Homes INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $1.2M · in their own filed words · FY2020
01

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

$1.2Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$207K
Investment incomeLn 3$18K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.2M
Owns and owesPt X
$925K
net assets · Ln 32
Cash and savingsLn 1–2$385K
Total assetsLn 16$1.1M
LiabilitiesLn 26$203K
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$207K
Government grantsLn 1e$207K
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$18K
Gains on assetsLn 7$14K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$289K
SavingsLn 2$96K
Cash and savings togetherLn 1–2$385K
Land, buildings, equipmentLn 10c$415K
Total assetsLn 16$1.1M
LiabilitiesLn 26$203K
Net assetsLn 32$925K
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 FY21End FY21
Cash and savingsLn 1–2$207K$385K
Land, buildings, equipmentLn 10c$358K$415K
Total assetsLn 16$792K$1.1M
LiabilitiesLn 26$268K$203K
Net assetsLn 32$524K$925K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$250K$250K
Other salaries and wagesLn 7$481K$481K
Other employee benefitsLn 9$45K$45K
Payroll taxesLn 10$54K$54K
Accounting feesLn 11c$13K$13K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$4K$4K
OccupancyLn 16$172K$172K
TravelLn 17$991$991
Conferences, conventions and meetingsLn 19$7K$7K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$34K$34K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$101K$101K
Total functional expensesLn 25$1.2M$1.2M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
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 Viewing $1.6M$1.2M$401K$925K 990 PDF
FY2020 $1.0M$945K$79K$524K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $1,589,434 across 6 lines filed
VIII-1e Government grants$207,357
VIII-1h Total contributions, gifts and grants$207,357
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,364,297$1,364,297
VIII-3 Investment incomeRelated to mission $3,922$3,922
VIII-7 Net gain or loss on sales of assetsRelated to mission $13,858$13,858
VIII-12 Total revenueRelated to mission $1,382,077 · Unrelated business $0 · Excluded from tax $0$1,589,434
Part IX · Statement of functional expenses $1,188,562 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $249,764$249,764
IX-7 Other salaries and wagesPrograms $481,022$481,022
IX-9 Other employee benefitsPrograms $44,810$44,810
IX-10 Payroll taxesPrograms $54,489$54,489
IX-11c Accounting feesPrograms $12,771$12,771
IX-12 Advertising and promotionPrograms $3,585$3,585
IX-13 Office expensesPrograms $4,062$4,062
IX-16 OccupancyPrograms $172,015$172,015
IX-17 TravelPrograms $991$991
IX-19 Conferences, conventions and meetingsPrograms $6,978$6,978
IX-20 InterestPrograms $5,650$5,650
IX-22 Depreciation, depletion and amortizationPrograms $34,146$34,146
IX-23 InsurancePrograms $17,440$17,440
IX-24 Other expenses (24a–d)Programs $100,839$100,839
IX-25 Total functional expensesPrograms $1,188,562 · Management $0 · Fundraising $0$1,188,562
Part X · Balance sheet $1,127,862 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $111,620$289,402
X-2 Savings and temporary cash investmentsStart of year $95,072$95,647
X-4 Accounts receivableStart of year $217,757$320,185
X-9 Prepaid expenses and deferred chargesStart of year $9,715$7,234
X-10c Land, buildings and equipment, netStart of year $357,992$415,394
X-16 Total assetsStart of year $792,156$1,127,862
X-17 Accounts payable and accrued expensesStart of year $49,787$63,352
X-25 Other liabilitiesStart of year $94,842$2,500
X-26 Total liabilitiesStart of year $267,866$202,700
X-32 Total net assets or fund balancesStart of year $524,290$925,162
X-33 Total liabilities and net assetsStart of year $792,156$1,127,862
Part XI · Reconciliation of net assets $925,162 net assets at year end
XI-1 Total revenue$1,589,434
XI-2 Total expenses$1,188,562
XI-3 Revenue less expenses$400,872
XI-4 Net assets at start of year$524,290
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$925,162

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.