Overview
What is Sunica Inc?
Sunica Inc, based in Garner, North Carolina, is a nonprofit organization with a focus on supporting children and youth in the local community. Their primary mission involves providing school uniforms, essential supplies, and access to extracurricular activities, ensuring equal opportunities for all students. Additionally, Sunica Inc connects older, mature Nicaraguan youth with at-risk younger individuals, offering mental support and guidance. The organization also operates community centers and offers college scholarships to their graduates pursuing higher education. Beyond education, Sunica Inc is dedicated to Christian discipleship and clean water education, aiming to make a positive impact in the lives of Nicaraguan children. With a team of six dedicated individuals, Sunica Inc strives to help Nicaraguans thrive and improve their quality of life.
Official website here: www.sunica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Sunica Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting its strong performance in key areas. The overall score is derived from various metrics, with a significant emphasis on impact and measurement, where it received a perfect score of 100. This highlights the organization’s effective programs and their positive outcomes for the communities it serves.
The nonprofit shows a solid financial foundation, with a program expense ratio of 77.53%, indicating that a substantial portion of its funding is directed towards program services. Additionally, the low liabilities to assets ratio of 6.35% suggests a stable financial position, allowing it to sustain its operations and support its initiatives effectively. Sunica Inc also demonstrates a commitment to leadership development, which is crucial for long-term success.
However, while the organization has adapted well to external challenges, including the COVID-19 pandemic, the rating does not indicate any areas in need of significant improvement. Overall, Sunica Inc stands out for its impactful programming and sound financial practices, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Sunica Inc legitimate?
Sunica Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sunica 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: $116,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,858
For more financial information, click here
Official website here: www.sunica.org
What is the mission statement of Sunica Inc?
Sunica Inc's mission is centered around three key areas: education, clean water, and discipleship. Their primary objective is to assist Nicaraguan individuals in thriving by providing them with educational resources, ensuring access to clean water, and offering Christian mentorship to children. The organization provides school uniforms, supplies, and opportunities for extra-curricular activities. Additionally, they establish connections between mature Nicaraguan youth and at-risk youth, offering mental support and guidance. Sunica Inc also operates community centers and offers college scholarships to their graduates who pursue higher education.
Official website here: www.sunica.org
Who is the CEO of Sunica Inc?
Alan L Wilser is the Principal Officer of Sunica Inc.
Official website here: www.sunica.org
What is the revenue of Sunica Inc?
Sunica Inc's revenue in 2022 was $712,374.
Official website here: www.sunica.org
Who are the executives of Sunica Inc and what are their salaries?
The average compensation at Sunica Inc during 2022 was $25,980. There are 6 employees at Sunica Inc.
Here are 2 key members and their salaries:
- Compensation: $58,820
- Related: $0
- Other: $0
- Compensation: $57,200
- Related: $0
- Other: $0
Official website here: www.sunica.org
Where can I find the form 990 for Sunica Inc?
Sunica Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunica.org
Learn more at the official website: www.sunica.org
Mission Statement of Sunica Inc
Sunica Inc, a nonprofit organization, is dedicated to three primary objectives: promoting education, ensuring access to clean water, and providing Christian mentorship. Their mission is to empower Nicaraguans, particularly children, to thrive in their community. Through this mission, Sunica Inc offers various initiatives.
Firstly, Sunica Inc offers school uniforms, supplies, and opportunities for young students to engage in extra-curricular activities. By doing so, they ensure that every child has equal access to education, regardless of their financial background.
Secondly, Sunica Inc connects mature Nicaraguan youth with at-risk younger individuals for guidance and mental support. This mentorship program aims to foster positive relationships and provide young people with the emotional support they need to navigate life's challenges.
Additionally, Sunica Inc operates community centers and provides college scholarships for its graduates pursuing higher education. These initiatives not only support the educational aspirations of young people but also contribute to the broader development of the community.
In summary, Sunica Inc is a nonprofit organization that helps Nicaraguans thrive by providing education, clean water, and Christian mentorship. Through school support, extra-curricular activities, mentorship programs, community centers, and college scholarships, Sunica Inc empowers young people and contributes to the overall development of the community.
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Impact
October, 2024
Sunica Inc has a significant impact on communities in Nicaragua by promoting education, clean water access, and spiritual growth. Through their initiatives, they equip youth with essential school uniforms and supplies, ensuring that children have the resources needed to pursue their education. The organization actively fosters mentorship by connecting older, more experienced Nicaraguan youth with at-risk younger peers, offering guidance and mental support that can greatly influence their development and future prospects.
Sunica Inc also plays a crucial role in community engagement by operating centers that serve as hubs for learning and support. Their commitment to higher education is evident in the college scholarships provided to graduates, empowering them to continue their studies and advocate for sustainable change within their communities. By integrating clean water education into their programs, Sunica Inc not only addresses critical health issues but also enhances the overall quality of life for families in the region. Their multifaceted approach embodies a holistic strategy to help Nicaraguans thrive, fostering a generation that is equipped academically, spiritually, and physically for future challenges.
This information is meant to be a general summary of Sunica 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: $4,676
- Gross Receipts: $725,271
Assets and Liabilities:
- Total Assets: $267,750
- Total Liabilities: $17,004
- Net Assets: $250,746
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Organization Details
Founding Year
2009
Phone
(919) 280-5859Principal Officer
Alan L Wilser
Main Address
303 Tiffany Circle, Garner, NC, 27529
Website
www.sunica.orgNTEE Category
Code: Q32 - International
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