Rae of Sunshine Foundation

Nonprofit profile at a glance

EIN
874006023
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Mundelein, IL, USA
Phone
8474694757
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Services N.E.C.

Reported finances

Revenue
$28,993
Expenses
$5,601
Assets
$88,964

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Callen Migacz (President)
  • Bonnie Conte (Vice President)
  • Ken Grooms (Vice President)

People named in this filing

  • Callen Migacz (President)
  • Bonnie Conte (Vice President)
  • Daniel Migacz (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring comfort and peace to grieving families.

What it reported doing in 2024

The Organization designs and creates memorial gardens for grieving families to honor, remember and cherish thier babies who have tragically passed.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.3%; rating input score 19
  • Program expense ratio: 62.5%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 80.7%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 15.88; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 25.2% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 19.3% of revenue deployed · 62.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.