Sunlight Federal Credit Union Foundation is located in Cody, WY. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunlight Federal Credit Union Foundation 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, Sunlight Federal Credit Union Foundation generated $15.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (72.5%) each year. All expenses for the organization totaled $10.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SUNLIGHT FEDERAL CREDIT UNION FOUNDATION WAS FOUNDED TO: 1) PROVIDE SCHOLARSHIPS TO STUDENTS FURTHERING THEIR EDUCATION; 2) SUPPORT FINANCIAL LITERACY PROGRAMS IN ELEMENTARY, MIDDLE AND HIGH SCHOOLS; 3) SUPPORT YOUTH ACTIVITIES AND CLUBS LIKE 4H, FFA, FHA, FBLA, AND DECA; AND 4) SUPPORT CIVIC ACTIVITIES AND SEASONAL YOUTH SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MET EDUCATIONAL NEEDS FOR YOUTH AND YOUNG ADULTS BY PROVIDING 6 SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS AS WELL AS RETURNING COLLEGE STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Burke Treasurer | Officer | 1 | $0 |
Mark Longo Vice Chairma | Officer | 1 | $0 |
Magdalena Martinez Secretary | Officer | 1 | $0 |
Allen Wilson Chairman | Officer | 1 | $0 |
Steven D Pearson President | Officer | 1 | $0 |
Jim Mowry Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $34 |
All other contributions, gifts, grants, and similar amounts not included above | $428 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $462 |
Total Program Service Revenue | $0 |
Investment income | $5,543 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,707 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,712 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,560 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,235 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,533 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $42 |
Total functional expenses | $10,370 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,036 |
Savings and temporary cash investments | $26,417 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $204,456 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $240,909 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $40,884 |
Net assets with donor restrictions | $200,025 |
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 | $240,909 |
Over the last fiscal year, we have identified 1 grants that Sunlight Federal Credit Union Foundation has recieved totaling $9.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
Organization Name | Assets | Revenue |
---|---|---|
Completely Kids Omaha, NE | $26,441,934 | $8,738,088 |
Colorado Youth For A Change Denver, CO | $1,559,265 | $5,423,176 |
Success In Education Foundation Salt Lake City, UT | $7,564,005 | $8,489,669 |
Geneva Glen Camp Incorporated Indian Hills, CO | $9,204,342 | $3,964,068 |
Illuminate Colorado Inc Denver, CO | $1,321,763 | $2,672,102 |
Liahona Academy For Youth Non Profit Organization Saint George, UT | $87,694 | $1,967,824 |
Stepping Stones International Salt Lake City, UT | $1,415,855 | $2,101,175 |
Cheyenne River Youth Project Inc Eagle Butte, SD | $6,953,670 | $4,891,646 |
Ujiri Foundation Inc Denver, CO | $1,019,174 | $1,963,081 |
Saving Moses Centennial, CO | $1,436,393 | $1,895,438 |
Big Sky Youth Empowerment Project Inc Bozeman, MT | $3,023,450 | $1,915,120 |
Larry H Miller Charities Inc Sandy, UT | $787,235 | $1,758,347 |