Sunrise Academy
- Assets
- $1.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, IL
- Founding
- 06/2009
- Data as of
- 12/2021
- EIN
- 26-3074544
Organization Overview
Sunrise Academy is located in Addison, IL. The organization was established in 2009. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunrise Academy 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 12/2021, Sunrise Academy generated $37.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $68.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Inderjit K Singh President | 32 | $34,650 | |
Harkishan Singh Vice Preside | 1 | $0 | |
Divender Hundal Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,664 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,664 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,065 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,313 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,659 |
| Total expenses | $68,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,000 |
| Other assets | $0 |
| Total assets | $1,000 |
| Total liabilities | $103,395 |
| Net assets or fund balances | -$102,395 |
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