Sun Foundation is located in Englewood, CO. The organization was established in 2014. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. Sun Foundation 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 06/2019, Sun Foundation generated $464.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $354.6k during the year ending 06/2019. While expenses have increased by 23.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE LIVES OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES BY RAISING AWARENESS IN OUR COMMUNITY WHERE SUPPORT IS CRUCIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE FUNDS THROUGH VARIOUS FUNDRAISING EVENTS AND GRANTS TO SUPPORT INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Hoover President | OfficerTrustee | 0.4 | $0 |
Lois Vaughan Vice President | OfficerTrustee | 0.4 | $0 |
Diane Holbert Treasurer | OfficerTrustee | 0.4 | $0 |
Mayre Lynn Schmit Secretary | OfficerTrustee | 0.4 | $0 |
Timothy Moore Director | Trustee | 0.4 | $0 |
Lynn Myers Director | Trustee | 0.4 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,247 |
| Related organizations | $157,500 |
| Government grants | $16,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $446,546 |
| Total Program Service Revenue | $0 |
| Investment income | $41,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $889 |
| Net Income from Fundraising Events | -$24,969 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $464,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $215,916 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,460 |
| Fees for services: Other | $91,658 |
| Advertising and promotion | $1,305 |
| Office expenses | $619 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,444 |
| Travel | $289 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $180 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,044 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $354,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Over the last fiscal year, Sun Foundation has awarded $215,916 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DEVELOPMENTAL PATHWAYS PURPOSE: SENIOR STUDY GRANT SUPPORT, GENERAL SUPPORT, AND DISTRIBUTION UPON DISSOLUTION. | $169,416 |
CONTINUUM OF COLORADO PURPOSE: YOUTH HOUSING | $46,500 |