SUNSHINE STARS ACADEMY INC

EIN: 923049991 501(c)(3) Education

MIAMI, FL

Total Revenue
$386,143
Total Expenses
$507,166
Total Assets
$18,170
Net Assets
$-333,547
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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
FL
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.

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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 (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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Governance

Voting Members
3
Independent Members
N/A
Employees
9
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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