Overview
What is Sunshine Bible Academy Foundation Inc?
Sunshine Bible Academy Foundation Inc, established in Miller, South Dakota, is a nonprofit organization that primarily focuses on raising funds and contributions for Sunshine Bible Academy's livestock program. To achieve this goal, the foundation engages in various fundraising activities and aims to establish permanent endowment funds. The funds raised are intended to support the academic institution, which is not specified in the provided information.
Official website here: www.sunshinebible.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Sunshine Bible Academy Foundation Inc has received a score of 76%, which reflects a solid performance in terms of accountability and finance. The organization is particularly strong in its governance practices, with a fully independent board of directors and no recorded material diversion of assets. Its impressive program expense ratio of 96.04% indicates that a significant portion of its funds is directed towards its mission-related activities.
However, there are notable areas for improvement. The organization lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises concerns regarding organizational transparency and accountability. These missing policies contributed to lower scores in those specific areas and suggest that the foundation could benefit from strengthening its governance framework.
Overall, while the Sunshine Bible Academy Foundation Inc shows strong financial management and a commitment to its programs, addressing the gaps in its policy framework is essential for enhancing its overall effectiveness and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sunshine Bible Academy Foundation Inc legitimate?
Sunshine Bible Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunshine Bible Academy Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sunshinebible.org
What is the mission statement of Sunshine Bible Academy Foundation Inc?
The Sunshine Bible Academy Foundation Inc's primary purpose is to gather donations and contributions through various fundraising efforts. Their ultimate goal is to establish permanent endowment funds, which will provide financial support to Sunshine Bible Academy. The funds raised are aimed at providing essential resources to the academy, specifically its livestock program, as mentioned in the case of the Cattle Fund. In essence, the foundation's role is to secure financial backing for the academy to ensure its continued operation and growth.
Official website here: www.sunshinebible.org
Who is the CEO of Sunshine Bible Academy Foundation Inc?
Brad Ufen is the President of Sunshine Bible Academy Foundation Inc.
Official website here: www.sunshinebible.org
What is the revenue of Sunshine Bible Academy Foundation Inc?
Sunshine Bible Academy Foundation Inc's revenue in 2022 was $187,315.
Official website here: www.sunshinebible.org
Who are the executives of Sunshine Bible Academy Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.sunshinebible.org
Where can I find the form 990 for Sunshine Bible Academy Foundation Inc?
Sunshine Bible Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunshinebible.org
Learn more at the official website: www.sunshinebible.org
Mission Statement of Sunshine Bible Academy Foundation Inc
Sunshine Bible Academy Foundation Inc is an organization with a mission to solicit donations and contributions through various fundraising efforts. Their primary goal is to establish permanent endowment funds, which will later provide financial support to Sunshine Bible Academy. This nonprofit organization's mission is geared towards ensuring the Academy has a stable funding source for its operations. One such fund is the Cattle Fund, which specifically supports Sunshine Bible Academy's livestock program. The Foundation's mission is crucial in providing the necessary financial backing needed for the Academy to thrive and continue its educational mission.
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Impact
October, 2024
Sunshine Bible Academy Foundation Inc significantly supports the educational mission of Sunshine Bible Academy by raising funds and establishing endowment funds. This financial backing enables the academy to enhance its programs, particularly the livestock initiative, enriching the learning experience for students involved in agriculture and animal husbandry. The foundation's efforts in fundraising and securing donations create sustainable resources that help ensure the academy can continue providing quality education in Miller, SD. Through these efforts, Sunshine Bible Academy can cultivate a robust educational environment that prioritizes hands-on learning and student development.
This information is meant to be a general summary of Sunshine Bible Academy Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,205
- Gross Receipts: $189,670
Assets and Liabilities:
- Total Assets: $959,694
- Total Liabilities: $0
- Net Assets: $959,694
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Organization Details
Founding Year
2004
Phone
(605) 853-3071Principal Officer
Brad Ufen
Main Address
400 SUNSHINE DRIVE, MILLER, SD, 573626821
Website
www.sunshinebible.orgNTEE Category
Code: T11 - Philanthropy
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