SUNSHINE APPROACH FOUNDATION INC

EIN: 473042280 501(c)(3) International Affairs

LEWES, DE

Total Revenue
$123,989
Total Expenses
$91,780
Total Assets
$329,169
Net Assets
$329,169
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
DONALD A LARSON
Phone
4843683183
Tax Period
2022-01-01 to 2022-12-31

SUNSHINE APPROACH FOUNDATION INC, founded in 2015, is a small nonprofit in the International Affairs sector that reported $124K in total revenue in fiscal year 2022. Revenue fell 74% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $32K, a strong 26% operating margin.

Mission

AS THE CHARITABLE GIVING ARM OF THE SUNSHINE NUT COMPANY, THE SUNSHINE APPROACH FOUNDATION WILL DISTRIBUTE THE GIVING OF THE COMPANY'S PLEDGE OF 60% DISTRIBUTED PROFITS TO IMPROVE THE LIVES OF THE POOR, VULNERABLE AND ORPHANED IN AFRICA. DONATIONS FROM OTHERS ARE ALSO RECEIVED AND DISTRIBUTED BY OUR FOUNDATION. THE DONATIONS FROM THESE TWO ENTITIES ENABLE US TO PROVIDE LIVING EXPENSES, FOOD, UNIFORMS, MEDICAL NEEDS, AND DAILY NECESSITIES FOR ORPHANED AND ABANDONED CHILDREN IN CHILDREN'S CENTERS, VULNERABLE CHILDREN IN THE COMMUNITIES, AND FOR CHILDREN IN SUNSHINE HOMES WHERE ORPHANED CHILDREN ARE PAIRED UP WITH WIDOWS OR VULNERABLE, ABANDONED WOMEN TO CARE FOR THEM. WE ALSO IMPLEMENT PROGRAMS IN COMMUNITIES, SCHOOLS, AND CHILDREN'S CENTERS, AS WELL AS FOR THE EMPLOYEES OF OUR FACTORY(MEDICAL, EDUCATIONAL, AGRICULTURAL) THAT WE PLAN, FUND, AND OVERSEE, OFTEN IN CONJUNCTION WITH OTHER FOUNDATIONS, BUSINESSES, AND UNIVERSITIES. OUR TARGETED POPULATION GROUP COVERS A WIDE RANGE OF PEOPLE F

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $123,985
Program Service Revenue $0
Investment Income $4
Other Revenue $0
TOTAL REVENUE $123,989

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,805
Other Expenses $91,780
TOTAL EXPENSES $91,780

Year-over-Year Comparison

2022 2021 Change
Revenue $123,989 $468,721 -0.7%
Expenses $91,780 $117,043 -0.2%
Net Income $32,209 $351,678 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
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
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD LARSON PRESIDENT 10.00
Director
$0 $0 $0
THERESA LARSON VICE PRESIDENT 40.00
Director
$0 $0 $0
BRENT LARSON BOARD MEMBER 15.00
Director
$0 $0 $0
JEFF HARVEY BOARD MEMBER 0.25
Director
$0 $0 $0
LIZ MCGRAIL BOARD MEMBER 0.25
Director
$0 $0 $0
RYAN CORREIA BOARD MEMBER 0.25
Director
$0 $0 $0
JESSICA WRAY BOARD MEMBER 0.25
Director
$0 $0 $0
WILLIAM LARSON BOARD MEMBER 20.00
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
2024 No data No data No data No data
2022 $123,989 $91,780 $329,169 $32,209
2021 $468,721 $117,043 $391,652 $351,678
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