THE SUNSHINE ACADEMY & DAYCARE CORP (EIN 592444484) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

RON BLUNDEN

Phone

9417943143

Tax Period

2023-08-01 to 2024-07-31

THE SUNSHINE ACADEMY & DAYCARE CORP, founded in 1985, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $294K, a strong 16% operating margin.

Mission

THE MISSION OF THE SUNSHINE ACADEMY AND DAYCARE CORP. IS TO PARTNER WITH MANATEE COUNTY AND PARENTS TO PROVIDE A BIBLICALLY BASED ACADEMIC ENVIRONMENT WHERE CHILDREN CAN GROW INTELLECTUALLY, PHSICALLY, SOCIALLY AND SPIRITUALLY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,992

Program Service Revenue $1,730,205

Investment Income $30,527

Other Revenue $0

TOTAL REVENUE $1,824,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,194,775

Fundraising Expenses $0

Program Expenses $1,524,868

Other Expenses $335,873

TOTAL EXPENSES $1,530,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,824,724	$1,710,789	+0.1%
Expenses	$1,530,648	$1,382,537	+0.1%
Net Income	$294,076	$328,252	-0.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$62,188

Total Directors

$62,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON BLUNDEN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
TONY BALLARD	EXOFFICIO	2.00	Director	$0	$0	$0
TOM PELT	SECRETARY	2.00	Officer Director	$0	$0	$0
BETTY CHRISTOPHEL	EXOFFICIO	2.00	Director	$0	$0	$0
JANET HAMSTRA	VICE CHAIR	40.00	Officer Director	$62,188	$0	$62,188
CHAPPIE JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
BRENDA PEARCE	EXOFFICIO	2.00	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	$1,824,724	$1,530,648	$1,414,801	$294,076
2023	$1,710,789	$1,382,537	$1,242,481	$328,252
2022	$1,535,309	$1,322,759	$881,421	$212,550
2021	$1,501,639	$1,191,372	$610,499	$310,267
2020	$1,159,521	$1,112,244	$469,142	$47,277
2019	$1,129,795	$1,035,424	$266,093	$94,371
2018	$899,888	$846,571	$138,696	$53,317

THE SUNSHINE ACADEMY & DAYCARE CORP