Sunrise Project Inc
- Assets
- $5.2m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 46
- Location
- Dover, DE
- Founding
- Data as of
- 12/2022
- EIN
- 87-2370083
Organization Overview
Sunrise Project Inc is located in Dover, DE. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2022, Sunrise Project Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunrise Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SCALE SOCIAL MOVEMENTS TO DRIVE THE TRANSITION FROM FOSSIL FUELS TO RENEWABLE ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SUNRISE PROJECT IS A NETWORK OF CHANGEMAKERS WHO BELIEVE IN THE POWER OF SOCIAL MOVEMENTS TO CHANGE THE WORLD. WE'RE PASSIONATE ABOUT BUILDING NETWORKS WHO CAN DRIVE THE TRANSITION FROM FOSSIL FUELS TO CLEAN ENERGY TO REDUCE GREENHOUSE POLLUTION AND CREATE A HEALTHY AND PROSPEROUS FUTURE FOR EVERYONE. SITTING AT THE INTERSECTION OF SOCIAL MOVEMENTS AND PHILANTHROPY, WE'VE DEVELOPED A "DIRECTED NETWORK" MODEL THAT SUPPORTS NETWORKS OF PEOPLE AND ORGANIZATIONS TO WORK TOGETHER TO ACHIEVE LARGE-SCALE CHANGE THAT WOULDN'T HAVE BEEN POSSIBLE BY INDIVIDUAL ORGANIZATIONS ACTING ALONE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Pierce Chief Of Staff | OfficerTrustee | 40 | $62,241 |
Puichun Jane Li Chief Operating Officer | Officer | 40 | $53,232 |
Sudha Nandagopal Secretary | OfficerTrustee | 2 | $0 |
John Hepburn Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,826,977 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,826,977 |
| Total Program Service Revenue | $0 |
| Investment income | $16,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,846,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $680,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $143,306 |
| Compensation of current officers, directors, key employees. | $87,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,674,975 |
| Pension plan accruals and contributions | $70,848 |
| Other employee benefits | $349,757 |
| Payroll taxes | $157,452 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,693 |
| Fees for services: Accounting | $23,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $888,458 |
| Advertising and promotion | $83,231 |
| Office expenses | $16,310 |
| Information technology | $75,062 |
| Royalties | $0 |
| Occupancy | $13,530 |
| Travel | $113,106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $262,426 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,633 |
| All other expenses | $8,050 |
| Total functional expenses | $4,661,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,918,405 |
| Savings and temporary cash investments | $3,316,144 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,325 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,246,874 |
| Accounts payable and accrued expenses | $61,825 |
| 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 | $61,825 |
| Net assets without donor restrictions | $3,345,673 |
| Net assets with donor restrictions | $1,839,376 |
| 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 | $5,246,874 |
Grants Awarded
Over the last fiscal year, Sunrise Project Inc has awarded $680,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PUBLIC CITIZEN FOUNDATION INC PURPOSE: TO ADVOCATE FOR SUSTAINABLE INVESTING | $30,000 |
EDEN PROJECT USA INC PURPOSE: TO PROVIDE CORE SUPPORT | $650,000 |