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Nonprofiteer
← SUNSHINE INDUSTRIES INC

Form 990 for tax year 2024

Filed by SUNSHINE INDUSTRIES INC.

Totals

Total revenue
$4,443,041
Total expenses
$3,653,436
Contributions and grants received
$2,680,920
Grants paid
$0
Program service revenue
$435,836
Investment income
$1,128,357
Other revenue
$197,928
Total assets, end of year
$22,377,669
Total liabilities, end of year
$166,703
Net assets or fund balances, end of year
$22,210,966
Program services expenses (Part IX)
$3,140,221
Management and general expenses
$513,215
Fundraising expenses
$0
Program service expenses (Part III)
$3,140,221

Program services were 86.0% 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.

  • 1e · Government grants (contributions)

    $2,660,524

  • 1f · All other contributions, gifts and grants

    $20,396

  • 2a · Program service revenue: LITTER CLEANING

    total $269,965 · related or exempt $269,965

  • 2b · Program service revenue: MISCELLANEOUS

    total $165,871 · related or exempt $165,871

  • 3 · Investment income

    total $800,354 · excluded $800,354

  • 7a · Gross sales of assets other than inventory

    securities $2,521,407

  • 7b · Less cost or other basis and sales expenses

    securities $2,193,404

  • 7c · Gain or loss

    securities $328,003

  • 7d · Net gain or loss

    total $328,003 · excluded $328,003

  • 10a · Gross sales of inventory

    $385,098

  • 10b · Cost of goods sold

    $187,170

  • 10c · Net income from sales of inventory

    total $197,928 · related or exempt $197,928

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $90,418 · program services $76,855 · management and general $13,563

  • 6 · Compensation of disqualified persons

    total $2,228,766 · program services $1,953,625 · management and general $275,141

  • 8 · Pension plan contributions

    total $96,293 · program services $81,699 · management and general $14,594

  • 9 · Other employee benefits

    total $285,933 · program services $285,871 · management and general $62

  • 10 · Payroll taxes

    total $175,562 · program services $156,829 · management and general $18,733

  • 11f · Fees: investment management

    total $10,795 · management and general $10,795

  • 11g · Fees: other

    total $650 · program services $650

  • 16 · Occupancy

    total $470,174 · program services $405,651 · management and general $64,523

  • 17 · Travel

    total $22,223 · program services $16,015 · management and general $6,208

  • 23 · Insurance

    total $86,332 · program services $74,262 · management and general $12,070

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $86,564 · program services $4,479 · management and general $82,085

  • 24b · Other expenses: SUPPLIES

    total $79,455 · program services $64,014 · management and general $15,441

  • 24c · Other expenses: POSTAGE

    total $1,504 · program services $1,504

  • 24e · All other expenses

    total $18,767 · program services $18,767

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,201,046 · end of year $1,119,975

  • 2 · Savings and temporary cash investments

    beginning of year $57,799 · end of year $219,299

  • 4 · Accounts receivable

    beginning of year $176,772 · end of year $186,331

  • 8 · Inventories for sale or use

    beginning of year $66,528 · end of year $76,449

  • 10a · Land, buildings and equipment: cost or other basis

    $5,051,960

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,885,369

  • 10c · Land, buildings and equipment, net

    beginning of year $3,417,923 · end of year $3,166,591

  • 11 · Investments: publicly traded securities

    beginning of year $15,818,609 · end of year $17,609,024

  • 17 · Accounts payable and accrued expenses

    beginning of year $143,106 · end of year $166,703

  • 27 · Net assets without donor restrictions

    beginning of year $17,988,907 · end of year $19,376,263

  • 28 · Net assets with donor restrictions

    beginning of year $2,606,664 · end of year $2,834,703

Mission and programs · 2024

Mission

SUNSHINE INDUSTRIES, INC. STRIVES TO ENABLE PEOPLE WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE FULL POTENTIAL AND AN ENHANCED QUALITY OF LIFE.

Activities or mission (Part I)

TO ENABLE PEOPLE WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE FULL POTENTIAL AND AN ENHANCED QUALITY OF LIFE.

  • EMPLOYMENT SERVICES & PRODUCTION PROGRAM - PROVIDES ON THE JOB TRAINING IN THE WORKSHOP SETTING, LITTER CREW TRAINING, AND OTHER EMPLOYMENT TRAINING OPPORTUNITIES FOR PEOPLE WITH DEVELOPMENAL DISABILTIES.

    Expenses $1,258,231 · Revenue $633,764

  • RESIDENTIAL SERVICES PROGRAM - PROVIDES DAILY LIVING SKILLS TRAINING AND ASSISTANCE FOR ADULTS WITH DEVELOPMENTAL DISABILTIES IN A GROUP HOME SETTING OR IN PRIVATE HOMES IN THE COMMUNITY. ALL ADULTS LEARN RESPOSIBILITIES FOR CLEANING, COOKING, SHOPPING AND HOME MAINTENANCE.

    Expenses $1,021,788

  • ADULT DAY SERVICES PROGRAM - PROVIDES UP TO 8 HOURS OF CARE DAILY TO INDIVIDUALS OVER THE AGE OF 18 YEARS WHO EITHER HAVE A PHYSICAL OR INTELLIGENCE CHALLENGES THAT REQUIRE THE ASSISTANCE OF ANOTHER PERSON TO COMPLETE THEIR DAILY CARE NEEDS. PARTICIPANTS ENJOY SOCIAL INTERACTION, MENTAL STIMULATION, PHYSICAL ACTIVITIES AND NUTRITIOUS MEALS/SNACKS. STAFF ALSO MONTIOR BASIC HEALTH CARE OUTCOMES ACCORDING THE PARTICIPANTS CARE PLAN.

    Expenses $860,202

As filed on the 2024 return.

Listed in Part VII

  • Troy Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Callender

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gary Farabough

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nathan Verner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bill Rahhal

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Belinda Chapman

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Allen Bynum

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Todd Hicks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Erin Carroll

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Regina Benson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lari Huey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lisa Holley

    EXECUTIVE DIRECTOR

    Total calculated
    $157,184
    From this org
    $137,099
    From related orgs
    $0
    Other
    $20,085
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,099
    Bonus
    $0
    Other
    $0
    Deferred
    $8,322
    Nontaxable benefits
    $11,763
    Filer's total
    $157,184

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
31 March 2026
IRS schema version
2024v5.5
Source object
202630999349300728

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