SONSHINE DAYCARE AND PRESCHOOL OF … - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

TERI SCHULZ

Phone

3037765897

Tax Period

2024-01-01 to 2024-12-31

SONSHINE DAYCARE AND PRESCHOOL OF LONGMONT INC, founded in 1992, is a small nonprofit that reported $141K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO PROVIDE A FAITH FILLED ATMOSPHERE THAT INCLUDES INNOVATIVE PROGRAMS TO HELP CHILDREN, FAMILIES AND EMPLOYEES WORK TOGETHER TO BE THEIR VERY BEST. WE ARE COMMITTED TO PROVIDING THE HIGHEST QUALITY EDUCATION AND CHILDCARE ALONG WITH BUILDING A FIRM FOUNDATION IN JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $191,670 Revenue: $127,271

PROVIDE CHILDCARE, EDUCATION, AND RELIGIOUS TRAINING TO CHILDREN.

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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 $14,092

Program Service Revenue $124,574

Investment Income $107

Other Revenue $2,697

TOTAL REVENUE $141,470

Expense Breakdown

Grants Paid $60,408

Salaries & Benefits $148,973

Fundraising Expenses $0

Program Expenses $191,670

Other Expenses $14,150

TOTAL EXPENSES $223,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,470	$384,105	-0.6%
Expenses	$223,531	$451,971	-0.5%
Net Income	$-82,061	$-67,866	+0.2%

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

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

$26,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERI SCHULZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE FARWELL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SUE KNAUS	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIC RUSAW	DIRECTOR	1.00	Director	$0	$0	$0
JASLYN MELSON	EXECUTIVE DIRECTOR	40.00	Officer	$26,700	$0	$26,700

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	$141,470	$223,531	No data	$-82,061
2023	$384,105	$451,971	$82,061	$-67,866
2022	$417,623	$408,156	$149,927	$9,467
2021	$398,939	$386,557	$140,460	$12,382
2020	$269,340	$360,879	$176,878	$-91,539
2019	$372,518	$358,445	$219,617	$14,073
2018	$337,905	$342,016	$205,544	$-4,111

SONSHINE DAYCARE AND PRESCHOOL OF LONGMONT INC