Sonrise Ministries Inc
Nonprofit profile at a glance
- EIN
- 462161776
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024, Form 990-N 2013
- Location
- Virginia Beach, VA, USA
- Phone
- 7574099436
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $93,177
- Expenses
- $92,627
- Assets
- $56,787
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Trina Olson Keeny (President)
- David Keeny (Vice President)
People named in this filing
- Laura Treantos (Board Director)
- Greg Mekkes (Board Director)
- Trina Olson Keeny (President)
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
Promote and conduct a Christian Music Festival as a 501(c)3 and bring awareness to other non profits helping the homeless and at risk children
What it reported doing in 2024
SonRise Music Festival is our once a year event to provide a family friendly event for all people to attend. We provide a top notch Music Concert for 1 of the days with lots of Vendors and children's activities. We have a speaker who provides an inspirational message as well as guests who share their stories. We give local artists a platform to perform as well as have headliners who are National, Grammy award winning artists. The second day is a Sunday Service on the Beach. We make it possible for anyone who wants to attend to be able to. We also bring awareness to the homeless population and accept donations of clothing and food and give them straight to programs
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.4%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.6%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 46.2% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: -58.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 124.1% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 99.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $93K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.