Sunshine Foundation Inc
- Assets
- $23.7m
- Revenue
- $2.4m
- Investments
- $8.1m
- Employees
- 0
- Location
- Maumee, OH
- Founding
- 06/1985
- Data as of
- 12/2021
- EIN
- 34-1456069
Organization Overview
Sunshine Foundation Inc is located in Maumee, OH. The organization was established in 1985. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunshine Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sunshine Foundation Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $836.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sunshine Foundation Inc has awarded 16 individual grants totaling $7,357,740. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATES SOLELY TO SUPPORT SUNSHINE INC. RESIDENTIAL & VOCATIONAL SVCS. SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUNSHINE FOUNDATION, INC. RAISES FUNDS TO SUPPORT SUNSHINE INC. RESIDENTIAL AND SUPPORT SERVICES AND SUNSHINE INC. VOCATIONAL SERVICES. IN 2021, DONATIONS SUPPORTED THE INDIVIDUALS AT SUNSHINE WITH CLOTHING, DENTAL CARE, ADAPTIVE EQUIPMENT, FURNITURE, ACCESSIBLE VEHICLES, COMMUNICATION DEVICES, HOLIDAY GIFTS, PPE AND OTHER NEEDS ASSOCIATED WITH THE COVID-19 PANDEMIC, INFRASTRUCTURE IMPROVEMENTS TO SUNSHINE'S COMMUNITY HOMES AND MAIN CAMPUS RESIDENTIAL LIVING SPACES. THE MAJORITY OF ACTIVITY IN 2021 FOR THE FOUNDATION WAS INFRASTRUCTURE IMPROVEMENTS AND RENOVATIONS TO RESIDENTAL LIVING SPACES, SUCH AS KITCHEN UPDATES (CABINETRY, APPLIANCES), PAINTING, FLOORING, ETC. CONTINUED ON SCHEDULE O.WITH THE VOLUNTEER HELP OF BOARD MEMBERS, FORMER BOARD MEMBERS AND COMMUNITY LEADERS, SUNSHINE INITIATED A SUCCESSFUL MAJOR GIFTS CAMPAIGN THAT RAISED OVER $1 MILLION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Abodeely President And CEO | Officer | 8 | $42,124 |
Shelia Schwartz Director | Trustee | 0.1 | $28,000 |
Michael Bogdan Chief Financial Officer | Officer | 4 | $18,358 |
Howard Griffith Jr Chief It Officer | 4 | $10,569 | |
Donna Henson Chief Financial Officer - Outgoing | Officer | 4 | $9,583 |
Andrew Schaetzke Treasurer | OfficerTrustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,783,837 |
| Noncash contributions included in lines 1a–1f | $17,005 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,783,837 |
| Total Program Service Revenue | $0 |
| Investment income | $390,296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,846 |
| Net Gain/Loss on Asset Sales | $175,428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,351,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $488,292 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,750 |
| Pension plan accruals and contributions | $1,666 |
| Other employee benefits | $15,398 |
| Payroll taxes | $9,874 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,200 |
| Fees for services: Investment Management | $65,212 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,468 |
| Office expenses | $331 |
| Information technology | $10,024 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,561 |
| Total functional expenses | $836,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,485,208 |
| Savings and temporary cash investments | $730,879 |
| Pledges and grants receivable | $55,379 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $191,667 |
| Investments—publicly traded securities | $12,780,334 |
| Investments—other securities | $8,128,970 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $348,974 |
| Total assets | $23,721,411 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,577 |
| Total liabilities | $34,577 |
| Net assets without donor restrictions | $22,835,089 |
| Net assets with donor restrictions | $851,745 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,721,411 |
Grants Awarded
Over the last fiscal year, Sunshine Foundation Inc has awarded $488,292 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Maumee, OH PURPOSE: TO HELP PROVIDE ASSISTANCE TO INDV WITH DEV DISABILITIES. | $480,539 |
Maumee, OH PURPOSE: TO HELP PROVIDE ASSISTANCE TO INDV WITH DEV DISABILITIES. | $7,753 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Sunshine Foundation Inc has recieved totaling $139,745.
| Awarding Organization | Amount |
|---|---|
Toledo Community Foundation Toledo, OH PURPOSE: SUNSHINE BUTTERFLY GARDEN PROJECT, GENERAL SUPPORT, 2021 - YIPEE GRANT - TECHNOLOGY UPGRADES, SUNSHINE HOME RENOVATION PROJECT | $54,813 |
Columbus Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $20,000 |
Vortex Foundation Perrysburg, OH PURPOSE: DIRECT CHARITABLE SUPPORT | $15,000 |
Anderson Foundation Maumee, OH PURPOSE: MEMORIAL GIFT IN HONOR OF DICK ANDERSON | $12,500 |
Anderson Foundation Maumee, OH PURPOSE: MEMORIAL GIFT IN HONOR OF DICK ANDERSON | $12,500 |
Toledo Community Foundation William & Elsie Knight Foundation Toledo, OH PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $99,137 |
| Ending Balance | $99,137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Allied Health Care Services Clarks Summit, PA | $64,082,428 | $72,290,835 |
Buckeye Ranch Grove City, OH | $52,523,955 | $52,506,935 |
Champaign Residential Services Inc Urbana, OH | $32,789,817 | $40,282,333 |
Koinonia Homes Inc Independence, OH | $28,526,535 | $37,892,187 |
Spectrum Community Services Westland, MI | $14,825,808 | $33,552,520 |
Horizon House Development Service Inc Philadelphia, PA | $8,157,409 | $30,701,398 |
Good Shepherd Long-Term Care Facility Allentown, PA | $41,130,787 | $25,803,983 |
Verland Foundation Inc Sewickley, PA | $17,047,927 | $25,716,770 |
Living Alternatives For The Developmentally Disabled Inc Dowagiac, MI | $6,575,914 | $26,131,876 |
Columbus Center For Human Services Inc Columbus, OH | $12,984,481 | $25,350,121 |
Sunshine Inc Residential And Support Services Maumee, OH | $20,313,876 | $30,237,496 |
Gateways To Better Living Inc Youngstown, OH | $7,271,771 | $25,029,491 |