Sunshine Approach Foundation Company Inc
- Assets
- $391.7k
- Revenue
- $468.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lewes, DE
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-3042280
Organization Overview
Sunshine Approach Foundation Company Inc is located in Lewes, DE. The organization was established in 2015. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunshine Approach Foundation Company 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 Approach Foundation Company Inc generated $468.7k in total revenue. All expenses for the organization totaled $117.0k during the year ending 12/2021. While expenses have increased by 48.0% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS THE CHARITABLE GIVING ARM OF THE SUNSHINE NUT COMPANY, THE SUNSHINE APPROACH FOUNDATION WILL DISTRIBUTE THE GIVING OF THE COMPANY'S PLEDGE OF 60% DISTRIBUTED PROFITS TO IMPROVE THE LIVES OF THE POOR, VULNERABLE AND ORPHANED IN AFRICA. DONATIONS FROM OTHERS ARE ALSO RECEIVED AND DISTRIBUTED BY OUR FOUNDATION. THE DONATIONS FROM THESE TWO ENTITIES ENABLE US TO PROVIDE LIVING EXPENSES, FOOD, UNIFORMS, MEDICAL NEEDS, AND DAILY NECESSITIES FOR ORPHANED AND ABANDONED CHILDREN IN CHILDREN'S CENTERS, VULNERABLE CHILDREN IN THE COMMUNITIES, AND FOR CHILDREN IN SUNSHINE HOMES WHERE ORPHANED CHILDREN ARE PAIRED UP WITH WIDOWS OR VULNERABLE, ABANDONED WOMEN TO CARE FOR THEM. WE ALSO IMPLEMENT PROGRAMS IN COMMUNITIES, SCHOOLS, AND CHILDREN'S CENTERS, AS WELL AS FOR THE EMPLOYEES OF OUR FACTORY(MEDICAL, EDUCATIONAL, AGRICULTURAL) THAT WE PLAN, FUND, AND OVERSEE, OFTEN IN CONJUNCTION WITH OTHER FOUNDATIONS, BUSINESSES, AND UNIVERSITIES. OUR TARGETED POPULATION GROUP COVERS A WIDE RANGE OF PEOPLE F
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS ARE USED TO UPLIFT THE POOR AND ORPHANED IN MOZAMBIQUE. SUNSHINE HOUSES PURCHASED AND PROVIDED FOR VULNERABLE WOMAN AND 3-4 ORPHANED CHILDREN. COMMUNITY PROJECTS ARE OPERATED AT EACH HOUSE, AS WELL AS FULFILLING EDUCATIONAL AND MEDICAL NEEDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Larson President | Trustee | 10 | $0 |
Brent Larson Board Member | Trustee | 15 | $0 |
Theresa Larson Vice President | Trustee | 40 | $0 |
Jeff Harvey Board Member | Trustee | 0.25 | $0 |
Ryan Correia Board Member | Trustee | 0.25 | $0 |
Liz Mcgrail Board Member | Trustee | 0.25 | $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 | $468,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $468,721 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $468,721 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $2,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,629 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,663 |
| 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 | $825 |
| All other expenses | $0 |
| Total functional expenses | $117,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,489 |
| Savings and temporary cash investments | $296,099 |
| 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 | $13,064 |
| Total assets | $391,652 |
| 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 | $3,584 |
| Total liabilities | $3,584 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $351,678 |
| Total liabilities and net assets/fund balances | $391,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sunshine Approach Foundation Company Inc has recieved totaling $29.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Relief Corp Of National Association Of Evangelicals Baltimore, MD | $37,205,019 | $88,134,638 |
Lutheran World Relief Inc Baltimore, MD | $72,287,667 | $69,634,457 |
International Orthodox Christian Charities Inc Baltimore, MD | $21,145,773 | $37,778,660 |
Christian Relief International Lancaster, PA | $46,193,710 | $37,368,118 |
Dr Pradip And Kumkum Ghosh Foundation Inc Ellicott City, MD | $53,748,610 | $18,352,785 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Amigos Of Costa Rica Inc West Chester, PA | $958,415 | $5,404,147 |
Strongminds Inc Maplewood, NJ | $8,170,759 | $9,279,368 |
Shanti Bhavan Childrens Project Boonton, NJ | $7,398,567 | $10,339,863 |
Hope Walks Inc Mechanicsburg, PA | $2,369,795 | $3,112,755 |
Womenstrong International Chevy Chase, MD | $1,142,163 | $3,913,090 |