Sunnycrest Village Foundation

Nonprofit profile at a glance

EIN
460424929
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Sioux Falls, SD, USA
Phone
6053611422
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$33,527
Expenses
$6,659
Assets
$454,891
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • ALLEN SVENNES (PRESIDENT)
  • MARY MORGAN (EXECUTIVE DIRECTOR (BEG MAY 2024))

People named in this filing

  • ALLEN SVENNES (PRESIDENT)
  • TOM CHAP (SECRETARY/ TREASURER)
  • VALERIE MELMER (DIRECTOR)

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 support sunnycrest village, inc. Programs and projects.

What it reported doing in 2024

The foundation will provide financial support and services to sunnycrest village, inc. In sioux falls, sd, an exempt organization under section 501(c)(3) of the internal revenue code. The purpose of such financial support is to broaden the ability of sunnycrest village, inc. To provide housing, related facilities, and services for low-income elderly and elderly families and persons. The financial support will be applied to exempt purposes, but donors may further restrict their gifts to the foundation for specified exempt purposes of the foundation and/or sunnycrest village, inc.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 100
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.1%; rating input score 24
  • Program expense ratio: 75.4%; rating input score 75

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: 80.1%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 68.31; rating input score 99; 99th 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: 6% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 24.1% of revenue deployed · 75.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $5K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.