SUNSHINE CATHEDRAL FOUNDATION INC

EIN: 311655484 501(c)(3) Philanthropy & Grantmaking

FORT LAUDERDALE, FL

Total Revenue
$150,424
Total Expenses
$200,221
Total Assets
$2,909,934
Net Assets
$2,832,022
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
PHIL MCCHESNEY
Phone
9544622004
Tax Period
2021-01-01 to 2021-12-31

SUNSHINE CATHEDRAL FOUNDATION INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $150K in total revenue in fiscal year 2021. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $200K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO RAISE AND MANAGE CAPITAL AND ENDOWMENT FUNDS IN SUPPORT OF THE PROJECTS, MINISTRIES, AND OUTREACH OF THE SUNSHINE CATHEDRAL, INC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $103,731
Program Service Revenue $0
Investment Income $2,988
Other Revenue $43,705
TOTAL REVENUE $150,424

Expense Breakdown

Grants Paid $11,100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,760
Other Expenses $189,121
TOTAL EXPENSES $200,221

Year-over-Year Comparison

2021 2020 Change
Revenue $150,424 $282,860 -0.5%
Expenses $200,221 $250,582 -0.2%
Net Income $-49,797 $32,278 -2.5%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP MCCHESNEY CHAIR 1.00
Officer Director
$0 $0 $0
KEITH MULLER VICE-CHAIR 1.00
Officer Director
$0 $0 $0
THOMAS FEDORATION TREASURER 1.00
Officer Director
$0 $0 $0
SANTIAGO MADRINAN SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT DECAMILLO GOVERNOR 1.00
Director
$0 $0 $0
BRIAN FLANAGAN GOVERNOR 1.00
Director
$0 $0 $0
CORY HAGOPIAN GOVERNOR 1.00
Director
$0 $0 $0
CHARLES LANE GOVERNOR 1.00
Director
$0 $0 $0
GARY LANE GOVERNOR 1.00
Director
$0 $0 $0
ROZEN PATTERSON GOVERNOR 1.00
Director
$0 $0 $0
KEWAN SMITH GOVERNOR 1.00
Director
$0 $0 $0
REV DR DURRELL WATKINS GOVERNOR 1.00
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
2021 $150,424 $200,221 $2,909,934 $-49,797
2020 $282,860 $250,582 $2,958,207 $32,278
2019 $69,731 $165,740 $2,923,163 $-96,009
2018 $101,268 $250,172 $2,923,188 $-148,904
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SUNSHINE CATHEDRAL FOUNDATION INC with other nonprofits in Florida and across the country.