Project Sunshine Inc is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Project Sunshine Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Sunshine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Project Sunshine Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FREE PROGRAMS THAT BENEFIT CHILDREN AND FAMILIES FACING MEDICAL CHALLENGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROJECT SUNSHINE IS A VOLUNTEER-BASED NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES FREE RECREATIONAL, EDUCATIONAL AND SOCIAL SERVICE PROGRAMS THAT BENEFIT CHILDREN AND FAMILIES AFFECTED BY MEDICAL CHALLENGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Quemel Arroyo Director | Trustee | 1 | $0 |
Natan Bibliowicz Director | Trustee | 1 | $0 |
Anna Maria Desalva Director (thru 12/2022) | Trustee | 1 | $0 |
Stephanie Glenn Director | Trustee | 1 | $0 |
Michael Goldman Director | Trustee | 1 | $0 |
Jerry Loughlin Director (as Of 3/2022) | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Presciant Llc Branding Services | 12/30/21 | $106,545 |
Kiwi Partners Inc Accounting Services | 12/30/21 | $102,496 |
Ups Delivery Services | 12/30/21 | $106,179 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,561,609 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,964,099 |
Noncash contributions included in lines 1a–1f | $53,513 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,525,708 |
Total Program Service Revenue | $0 |
Investment income | $44,266 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$4,725 |
Net Income from Fundraising Events | -$178,125 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,387,124 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $212,301 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $320,032 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $1,277,423 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $175,973 |
Payroll taxes | $130,524 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $165,251 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $9,324 |
Fees for services: Other | $290,092 |
Advertising and promotion | $158,240 |
Office expenses | $55,743 |
Information technology | $187,787 |
Royalties | $0 |
Occupancy | $250,977 |
Travel | $29,409 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,316 |
Insurance | $27,654 |
All other expenses | $14,596 |
Total functional expenses | $4,071,412 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,361,642 |
Savings and temporary cash investments | $3,002,914 |
Pledges and grants receivable | $533,682 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $148,973 |
Net Land, buildings, and equipment | $128,797 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $624,178 |
Total assets | $5,800,186 |
Accounts payable and accrued expenses | $251,888 |
Grants payable | $0 |
Deferred revenue | $100,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $545,761 |
Total liabilities | $897,649 |
Net assets without donor restrictions | $4,639,751 |
Net assets with donor restrictions | $262,786 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,800,186 |