SUNSHINE STARS ACADEMY INC

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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

2023

Legal Domicile

Principal Officer

DAVE HENNINGHAM

Phone

3059019331

Tax Period

2025-01-01 to 2025-12-31

SUNSHINE STARS ACADEMY INC, founded in 2023, is a small nonprofit in the Education sector that reported $386K in total revenue in fiscal year 2025. Expenses of $507K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE PRIMARY EXEMPT PURPOSE OF SUNSHINE STARS ACADEMY IS TO OPERATE AS A NON-PROFIT, CHARITABLE, AND EDUCATIONAL ORGANIZATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY AIMS TO PROVIDE QUALITY EARLY CHILDHOOD EDUCATION AND RELATED SERVICES TO CHILDREN IN SOUTH FLORIDA, IN A NURTURING AND ENGAGING ENVIRONMENT.

Program Service Accomplishments

Program 1

SUNSHINE STARS ACADEMY PROVIDED QUALITY EARLY CHILDHOOD EDUCATION AND RELATED SERVICES TO 29 NEW STUDENTS IN SOUTH FLORIDA DURING 2025. WE HELPED PARENTS WITH SCHOLARSHIPS, AIDED THOSE IN THE PROCESS OF GETTING THOSE THAT QUALIFIED FOR STUDENT READINESS THAT IS ADMINISTERED THROUGH THE EARLY LEARNING COALITION OF MIAMI DADE/MONROE COUNTIES. WE CREATED EVENTS THROUGHOUT THE YEAR THAT FOSTERED A POSITIVE COMMUNITY AND POSITIVE EMOTIONAL GROWTH BETWEEN THE CHILDREN, STAFF AND PARENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $386,143

Investment Income $0

Other Revenue $0

TOTAL REVENUE $386,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,126

Fundraising Expenses $0

Program Expenses $507,166

Other Expenses $209,040

TOTAL EXPENSES $507,166

Year-over-Year Comparison

	2025	2024	Change
Revenue	$386,143	N/A	N/A
Expenses	$507,166	N/A	N/A
Net Income	$-121,023	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE HENNINGHAM	SECRETARY, T	20.00	Officer	$0	$0	$0
JAVON BETHEL	CHAIRPERSON	10.00	Officer	$0	$0	$0
RASHEED NELSON	OFFICER	N/A	Officer	$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
2025	$386,143	$507,166	$18,170	$-121,023