Totals
- Total revenue
- $2,253,262
- Total expenses
- $1,757,759
- Contributions and grants received
- $1,549,076
- Grants paid
- $0
- Program service revenue
- $447,963
- Investment income
- $26,774
- Other revenue
- $229,449
- Total assets, end of year
- $5,509,225
- Total liabilities, end of year
- $1,529
- Net assets or fund balances, end of year
- $5,507,696
- Program services expenses (Part IX)
- $1,711,058
- Management and general expenses
- $46,701
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,711,058
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
$1,549,076
-
2a · Program service revenue: Concerts
total $50 · related or exempt $50
-
2b · Program service revenue: Event Income
total $13,881 · related or exempt $13,881
-
2c · Program service revenue: Retreat Income
total $4,810 · related or exempt $4,810
-
2d · Program service revenue: TUITION AND FEES
total $429,222 · related or exempt $429,222
-
3 · Investment income
total $26,774 · related or exempt $26,774
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $19,142
-
6c · Rental income or loss
real property $19,142
-
6d · Net rental income or loss
total $19,142 · related or exempt $19,142
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$206,466
-
8b · Fundraising events: direct expenses
$1,238
-
8c · Net income from fundraising events
total $205,228
-
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 $5,079 · excluded $5,079
-
11e · Other revenue, total
$5,079
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
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 $46,701 · management and general $46,701
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $683,446 · program services $683,446
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $183,650 · program services $183,650
-
10 · Payroll taxes
total $54,873 · program services $54,873
-
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 $7,972 · program services $7,972
-
12 · Advertising and promotion
total $7,642 · program services $7,642
-
13 · Office expenses
total $30,961 · program services $30,961
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $123,385 · program services $123,385
-
17 · Travel
total $8,779 · program services $8,779
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $182,483 · program services $182,483
-
23 · Insurance
total $51,239 · program services $51,239
-
24a · Other expenses: Restricted Expenses
total $120,680 · program services $120,680
-
24b · Other expenses: Food
total $73,082 · program services $73,082
-
24c · Other expenses: Supplies & Repairs
total $46,749 · program services $46,749
-
24d · Other expenses: Co-Curricular Expense
total $25,484 · program services $25,484
-
24e · All other expenses
total $110,633 · program services $110,633
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $85,547 · end of year $78,176
-
2 · Savings and temporary cash investments
beginning of year $458,228 · end of year $1,128,359
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $17,639 · end of year $4,016
-
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 $7,321 · end of year $32,467
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$7,808,847
-
10b · Land, buildings and equipment: accumulated depreciation
$3,542,640
-
10c · Land, buildings and equipment, net
beginning of year $4,382,599 · end of year $4,266,207
-
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 $436 · end of year $1,529
-
19 · Deferred revenue
beginning of year $21,018
-
27 · Net assets without donor restrictions
beginning of year $4,627,124 · end of year $5,507,696
-
28 · Net assets with donor restrictions
beginning of year $302,756
Mission and programs · 2023
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 $1,711,058
As filed on the 2023 return.
Listed in Part VII
-
Jason WatsonJASON WATSON
SUPERINTENDENT
- Total calculated
- $46,701
- From this org
- $46,701
- 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 Triebwasser
Director
- Total calculated
- $0
- Hours/week
- 2
-
Quentin 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
-
Doran HamburgerDORAN HAMBURGER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Clint SandnessCLINT SANDNESS
Director
- 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
- 2023
- Filed
- 2 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541229349303019
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.