Sunrise123org EIN 57-1210185 Form 990 (PDF) Claim this org

Sunrise123org FY2022 filing

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Presents pros and cons of controversial issues to promote critical thinking. For fiscal year 2022 it reported $2.5M in revenue, $834 in expenses, and $2.5M in net assets.Pt I

Type
Private foundation / grantmaker · Education
Location
Santa Monica, CA
Website
www.sunrise123.org
Filings
5 on file (2020–2022)
Revenue
$2.5MFY2022
Expenses
$834
Net assets
$2.5M
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  57-1210185 Private foundation / grantmaker Santa Monica, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Presents pros and cons of controversial issues to promote critical thinking.
Leadership
Money in and out
$2.5M revenue, $834 expenses
Bottom line
0% program efficiency
Grants paid & assets · FY2022
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$834
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.5M
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Surplus margin
+100%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$2.5M
FY2022
Expenses
$834
FY2022
Total assets
$2.5M
FY2022
Total liabilities
$0
FY2022
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$834
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.5M
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSunrise123org
EINHdr · item D57-1210185
Principal addressHdr · item CSanta Monica, CA
WebsiteHdr · item Jwww.sunrise123.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFMar 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Interim CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2022.
01

During the 2022 the board of directors determined to restart program for ProCon.org of substantially the same nature as in prior years. The purpose is to research and help others research and market and promote data and information so others can make better decisions with the information, and donate support to other worthy causes.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$2.5M
Investment income$194
Other revenue$4K
Total revenueLn 12$2.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$834
Total functional expensesLn 25$834

Balance Sheet

Part X · end of year
CashLn 1$4K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.5M
Months of cash on handcomputed54.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4K · Operating expenses (Pt IX) $834 · Less non-cash grants $2.5M · Cash operating expenses/yr $-2.5M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $834
0%
Management & General
Management & general $834 · Total expenses $834
100%
Fundraising
Fundraising $0 · Total expenses $834
0%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $866K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.5M · Total revenue $2.5M
100%
Government reliance
Government grants — · Total revenue $2.5M
Earned-income share
Program service revenue $0 · Total revenue $2.5M
0%
Investment reliance
Investment income $194 · Total revenue $2.5M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $834
0%
Growth & trend
Revenue growth (YoY)
This year $2.5M · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.5M · Expenses $834
+100%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.5M
0%
People & payroll
Highest Reported Total Compensation
Individual Jadwiga Sz- Markoff MD PHD · Reported title emeritus · Highest reported compensation $0 · Total expenses $834
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $834
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 100%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $10K · 2024–2024
My Friend's PlaceFY2024$1,000
Santa Monica Ay FoundationFY2024$1,000
The Salvation Army of Santa MonicaFY2024$1,000
Meals on Wheels WestCA · FY2024$1,000
Doctors Without BordersFY2024$1,000
Chinatown Service CenterCA · FY2024$1,000
Union Rescue MissionFY2024$1,000
The Midnight MissionCA · FY2024$1,000
Lacba Counsel for JusticeFY2024$500
Heal the BayCA · FY2024$500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$780K revenue · ⤓ 990 PDF
FY2023$95K revenue · ⤓ 990 PDF
FY2022$2.5M revenue · viewing · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF
FY2020$133K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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