Sunny Mountain Foundation Inc
- Assets
- $4.4m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Tenafly, NJ
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-1504075
Organization Overview
Sunny Mountain Foundation Inc is located in Tenafly, NJ. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunny Mountain Foundation 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, Sunny Mountain Foundation Inc generated $6.0m in total revenue. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 100.4% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sonnenberg Trustee/president | 0 | $0 | |
Deborah Sonnenberg Trustee/secretary/treasurer | 0 | $0 | |
Rachael Sonnenberg Trustee | 0 | $0 | |
Hannah Sonnenberg Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,023,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,023,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $397 |
| Total operating and administrative expenses | $3,173 |
| Contributions, gifts, grants paid | $1,619,833 |
| Total expenses and disbursements | $1,623,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,402,130 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,402,130 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sunny Mountain Foundation Inc has awarded $1,619,833 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STANLEY BROWN SUPPORT LAO CHILDREN CO MONTPELIER FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIPS FOR ORPHANS AND SUPPORT TO VILLAGE AND ORPHANAGE | $19,833 |
DELTA GLOBAL SCHOOL PURPOSE: TO SUPPORT SCHOOL OPERATIONS AND FUND SCHOLARSHIPS FOR STUDENTS | $1,600,000 |