SUNLIGHT FOUNDATION INC (EIN 720680573) - 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

Legal Domicile

Principal Officer

MARK G MITCHELL

Phone

3378423549

Tax Period

2024-01-01 to 2024-12-31

SUNLIGHT FOUNDATION INC is a small nonprofit that reported $769K in total revenue in fiscal year 2024. Revenue surged 745% from the prior year, signaling strong growth momentum. The organization ran a surplus of $767K, a strong 100% operating margin.

Mission

SUNLIGHT FOUNDATION, INC. (THE "CORPORATION"), A NON-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF LOUISIANA AND HAVING ITS DOMICILE IN CALCASIEU PARISH, REPRESENTED HEREIN BY AND APPEARING THROUGH ITS DULY AUTHORIZED PRESIDENT, MARK G. MICHELL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $737,632

Other Revenue $31,406

TOTAL REVENUE $769,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,661

Other Expenses $1,661

TOTAL EXPENSES $1,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$769,038	$90,966	+7.5%
Expenses	$1,661	$317,541	-1.0%
Net Income	$767,377	$-226,575	-4.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK G MITCHELL	DIRECTOR	N/A	Officer Director	$0	$0	$0
FRANK W JEFFERSON	SEC./TRES/DI	N/A	Officer Director	$0	$0	$0
FRANKIE AUGHT	DIRECTOR	N/A	Director	$0	$0	$0
MITCHELL EDWARDS	DIRECTOR	N/A	Director	$0	$0	$0
HARRISON FRANKLIN	DIRECTOR	N/A	Director	$0	$0	$0
RUBY G JACKSON	DIRECTOR	N/A	Director	$0	$0	$0
WILLIE LOYD	DIRECTOR	N/A	Director	$0	$0	$0
ADRIAN L WALLACE	DIRECTOR	N/A	Director	$0	$0	$0
DR VERONICA L WOODARD	DIRECTOR	N/A	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	$769,038	$1,661	$3,310,926	$767,377
2023	$90,966	$317,541	$2,823,046	$-226,575
2022	$44,253	$118,468	$3,933,886	$-74,215
2021	$233	No data	$2,680,738	No data
2021	$150	$134	$2,680,468	$16

SUNLIGHT FOUNDATION INC