Sonshine Backpacks

Nonprofit profile at a glance

EIN
474581884
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Mount Pleasant, NC, USA
Phone
7044362062
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Reported finances

Revenue
$23,571
Expenses
$38,338
Assets
$160,749
Liabilities
$845

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

Leadership & pay

4 people listed

Executive titles in this filing

  • BONITA ROWLAND (President)
  • KAREN MILLER (Vice President)

People named in this filing

  • BONITA ROWLAND (President)
  • PATTY FLETCHER (Treasurer)
  • JOHNETTE PREDDY (Secretary)

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

Feeding needy children in the community, mainly weekend and holiday meals. Operating at 2 high schools, 2 middle schools and 2 elementary schools providing meals and food pantries for children to obtain food.

What it reported doing in 2024

Feeding needy children in the community, mainly weekend and holiday meals. Operating at 3 high schools, 1 middle school and 1 elementary school providing meals and food pantries for children to obtain food.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • 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: Limited

Sustainability

  • Operating margin: -62.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 4.19; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 32.6%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 18.1% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 33.1% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 60.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.