Totals
- Total revenue
- $2,168,122
- Total expenses
- $1,766,103
- Contributions and grants received
- $1,323,638
- Grants paid
- $14,587
- Program service revenue
- $517,783
- Investment income
- $29,082
- Other revenue
- $297,619
- Total assets, end of year
- $6,272,250
- Total liabilities, end of year
- $362,535
- Net assets or fund balances, end of year
- $5,909,715
- Program services expenses (Part IX)
- $1,766,103
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,766,103
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,323,638
-
2a · Program service revenue: Event Income
total $16,458 · related or exempt $16,458
-
2b · Program service revenue: Retreat Income
total $4,591 · related or exempt $4,591
-
2c · Program service revenue: Sports Events
total $9,915 · related or exempt $9,915
-
2d · Program service revenue: Track & Bible Income
total $1,509 · related or exempt $1,509
-
2e · Program service revenue: TUITION AND FEES
total $485,310 · related or exempt $485,310
-
3 · Investment income
total $29,082 · excluded $29,082
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $22,076
-
6c · Rental income or loss
real property $22,076
-
6d · Net rental income or loss
total $22,076 · related or exempt $22,076
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$275,828
-
8b · Fundraising events: direct expenses
$740
-
8c · Net income from fundraising events
total $275,088
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: INSURANCE PROCEED
-
11b · Other revenue: OTHER INCOME
total $455 · related or exempt $455
-
11e · Other revenue, total
$455
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $14,587 · program services $14,587
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $59,237 · program services $59,237
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $702,551 · program services $702,551
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $158,719 · program services $158,719
-
10 · Payroll taxes
total $56,328 · program services $56,328
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,967 · program services $6,967
-
12 · Advertising and promotion
total $7,203 · program services $7,203
-
13 · Office expenses
total $28,007 · program services $28,007
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $95,369 · program services $95,369
-
17 · Travel
total $6,530 · program services $6,530
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $4,050 · program services $4,050
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $243,704 · program services $243,704
-
23 · Insurance
total $57,840 · program services $57,840
-
24a · Other expenses: Restricted Funds spent
total $79,986 · program services $79,986
-
24b · Other expenses: Food
total $75,809 · program services $75,809
-
24c · Other expenses: Supplies & Repairs
total $44,576 · program services $44,576
-
24d · Other expenses: Co-Curricular Expense
total $23,958 · program services $23,958
-
24e · All other expenses
total $100,682 · program services $100,682
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $78,176 · end of year $62,430
-
2 · Savings and temporary cash investments
beginning of year $1,128,359 · end of year $213,799
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $4,016 · end of year $9,820
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $32,467 · end of year $32,467
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$9,740,078
-
10b · Land, buildings and equipment: accumulated depreciation
$3,786,344
-
10c · Land, buildings and equipment, net
beginning of year $4,266,207 · end of year $5,953,734
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,529 · end of year $535
-
23 · Secured mortgages and notes payable
end of year $362,000
-
27 · Net assets without donor restrictions
beginning of year $5,507,696 · end of year $5,633,073
-
28 · Net assets with donor restrictions
end of year $276,642
Mission and programs · 2024
Mission
SUNSHINE BIBLE ACADEMY IS A NON-DENOMINATIONAL CHRISTIAN BOARDING SCHOOL THAT EXISTS TO ASSIST PARENTS WITH THEIR RESPONSIBILITY TO RAISE THEIR CHILDREN IN THE NURTURE AND ADMONITION OF THE LORD BY INTEGRATING GOD'S TRUTH IN ALL AREAS OF LIFE.
-
OPERATING A CHRISTIAN BOARDING SCHOOL AND ASSISTING PARENTS WITH THEIR RESPONSIBILITY TO RAISE THEIR CHILDREN IN THE NURTURE AND ADMONITION OF THE LORD BY INTEGRATING GOD'S TRUTH IN ALL AREAS OF LIFE.
Expenses $1,766,103
As filed on the 2024 return.
Listed in Part VII
-
Jason Watson
Superintendent
- Total calculated
- $59,237
- From this org
- $59,237
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brad HaunBRAD HAUN
Chairman
- Total calculated
- $0
- Hours/week
- 3
-
Brad UfenBRAD UFEN
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Kevin TriebwasserKEVIN TRIEBWASSER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Quentin GerbrachtQUENTIN GERBRACHT
Director
- Total calculated
- $0
- Hours/week
- 2
-
Craig HinmanCRAIG HINMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jim HofmanJIM HOFMAN
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
John PaulJOHN PAUL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ken ShayKEN SHAY
Director
- Total calculated
- $0
- Hours/week
- 2
-
Clint SandnessCLINT SANDNESS
Vice Chairman
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Sunshine Bible Academy Foundation
Supporting the Academy · SD
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202620219349300317
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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