Form 990 for tax year 2025
Filed by SUNSHINE BIBLE ACADEMY FOUNDATION.
Totals
- Total revenue
- $296,268
- Total expenses
- $228,509
- Contributions and grants received
- $33,985
- Grants paid
- $213,248
- Program service revenue
- $0
- Investment income
- $81,555
- Other revenue
- $180,728
- Total assets, end of year
- $1,466,722
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,466,722
- Program services expenses (Part IX)
- $222,246
- Management and general expenses
- $6,263
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $222,246
Program services were 97.3% 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
$33,985
-
3 · Investment income
total $31,107 · excluded $31,107
-
7a · Gross sales of assets other than inventory
securities $50,448
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $50,448
-
7d · Net gain or loss
total $50,448 · excluded $50,448
-
10a · Gross sales of inventory
$181,328
-
10b · Cost of goods sold
$600
-
10c · Net income from sales of inventory
total $180,728 · related or exempt $180,728
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $213,248 · program services $213,248
-
11c · Fees: accounting
total $5,315 · management and general $5,315
-
11f · Fees: investment management
total $8,998 · program services $8,998
-
14 · Information technology
total $948 · management and general $948
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,698 · end of year $32,000
-
2 · Savings and temporary cash investments
beginning of year $41,811 · end of year $43,212
-
8 · Inventories for sale or use
beginning of year $119,500 · end of year $118,900
-
11 · Investments: publicly traded securities
beginning of year $1,164,929 · end of year $1,272,610
-
27 · Net assets without donor restrictions
beginning of year $180,009 · end of year $194,112
-
28 · Net assets with donor restrictions
beginning of year $1,164,929 · end of year $1,272,610
Mission and programs · 2025
Mission
THE PURPOSE OF THE FOUNDATION IS TO SOLICIT DONATIONS AND CONTRIBUTIONS THROUGH FUNDRAISING EFFORTS AND ESTABLISH PERMANENT ENDOWMENT FUNDS IN ORDER TO PROVIDE FUNDING TO SUNSHINE BIBLE ACADEMY.
-
THE PURPOSE OF THE CATTLE FUND IS TO FINANCIALLY SUPPORT SUNSHINE BIBLE ACADEMY'S LIVESTOCK PROGRAM.
Expenses $141,763 · Grants $141,763 · Revenue $180,728
-
THE PURPOSE OF THE GENERAL FUND IS TO FINANCIALLY SUPPORT THE GENERAL AND PROGRAM ACTIVITY OF SUNSHINE BIBLE ACADEMY.
Expenses $34,543 · Grants $25,545
-
THE PURPOSE OF THE BUILDING FUND IS TO FINANCIALLY SUPPORT THE MAINTENANCE AND ONGOING NEEDS RELATED TO THE BUILDINGS ON THE SUNSHINE BIBLE ACADEMY CAMPUS.
Expenses $45,940 · Grants $45,940
As filed on the 2025 return.
Listed in Part VII
-
David PaulDAVID PAUL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.33
-
Daniel ToddDANIEL TODD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.33
-
Brad UfenBRAD UFEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1.33
-
Kelly HettichKELLY HETTICH
MEMBER
- Total calculated
- $0
- Hours/week
- 1.33
-
Ken ShayKEN SHAY
MEMBER
- Total calculated
- $0
- Hours/week
- 1.33
-
Paul JorgensenPAUL JORGENSEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1.33
-
Mark StiegelmeierMARK STIEGELMEIER
MEMBER
- Total calculated
- $0
- Hours/week
- 1.33
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
-
$141,763
CATTLE PROGRAM
-
$45,940
FACILITY MAINTENANCE
-
$20,000
PROGRAM DEVELOPMENT
-
$5,545
STUDENT SCHOLARSHIPS
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.
-
501(C)(3) · CHRISTIAN EDUCATION · SD
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 15 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202641669349301729
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