Sunrise Opportunities (EIN 010407276) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

Gail Finlay

Phone

2072558596

Tax Period

2024-07-01 to 2025-06-30

Sunrise Opportunities is a 501(c)(3) with EIN 010407276, based in Machias, ME. Founded in 1957, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $10,939,469 in total revenue and $11,209,392 in total expenses, with net assets of $2,222,753.

Mission

To provide living and work environments in which people with disabilities can thrive, enjoy a high quality of life and reach their own personal goals. Sunrise Opportunities has created residential & work programs & mental health services to meet these needs.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,204,102

Program Service Revenue $9,690,932

Investment Income $29,103

Other Revenue $15,332

TOTAL REVENUE $10,939,469

Expense Breakdown

Grants Paid $198,801

Salaries & Benefits $7,827,954

Fundraising Expenses $0

Program Expenses $10,193,005

Other Expenses $3,182,637

TOTAL EXPENSES $11,209,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,939,469	$10,445,984	+0.0%
Expenses	$11,209,392	$10,406,671	+0.1%
Net Income	$-269,923	$39,313	-7.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

163

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$154,422

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Michaud	Executive Director	40.00	Officer	$154,422	$0	$154,422
Greg Patterson	Director	1.00	Director	$0	$0	$0
Linda Wright	Director	1.00	Director	$0	$0	$0
Gary Quinn	Director	1.00	Director	$0	$0	$0
Joanne Marian	Director	1.00	Director	$0	$0	$0
Stanley Corbett	Director	1.00	Director	$0	$0	$0
Lori Schnieders	Director	1.00	Director	$0	$0	$0
Elizabeth Sullivan	Vice President	1.00	Officer Director	$0	$0	$0
Gail Finlay	President	1.00	Officer Director	$0	$0	$0
Lillian Hanscom	Treasurer	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$10,939,469	$11,209,392	$3,819,387	$-269,923
2024	$10,445,984	$10,406,671	$5,168,039	$39,313
2023	$9,480,931	$9,824,173	$4,964,917	$-343,242
2022	$9,647,094	$9,477,195	$5,132,485	$169,899
2021	$10,627,751	$8,003,864	$5,223,601	$2,623,887
2020	$8,637,850	$8,326,969	$4,045,143	$310,881
2019	$8,013,689	$7,855,177	$1,921,988	$158,512

Sunrise Opportunities