Sunshine Terrace Foundation Inc

Nonprofit profile at a glance

EIN
870208619
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Logan, UT, USA
Phone
4357540218
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$14,325,083
Expenses
$14,454,976
Assets
$10,525,579
Liabilities
$2,906,904

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

Leadership & pay

17 people listed

Executive titles in this filing

  • BRYAN ERICKSON (CEO)
  • RICHARD HATCH (Vice President)
  • STEPHANIE B SORENSON (President)

Highest reported compensation

  • BRYAN ERICKSON (CEO): $182,000 total reported compensation
  • BRAD RASMUSSEN (Controller): $113,974 total reported compensation

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

Overview

Mission

Our mission is to advance wellness, independence, dignity, and comfort. Our vision is to bring more to life.

What it reported doing in 2024

Sunshine terrace skilled nursing and rehabilitation center is a 172 bed post-acute rehabilitation and long-term care facility focusing on high acuity rehabilitation. We have a 36-bed specialty secured unit designed for individuals with alzheimers and dementia. The staff specializes in palliative, hospice, wound, nutritional and dietary care, as well as lymphedema therapy. Sunshine terrace skilled nursing & rehabilitation is a member of the Utah health care association and the american health care association. Sunshine terrace also has a national certification in music therapy with continuous internships offered in conjunction with the music therapy department at Utah state university. Our facility works very closely with Utah state university, bridgerland applied technology college, and Utah cna to provide interactive internships and training programs for nursing, certified nursing assistant, social services, gerontology, culinary arts and exercise specialists. Sunshine terrace skilled nursing & rehabilitation is also an internship site for nursing home administrators in training.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.8%; rating input score 88
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $20.49 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.9%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.73; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.28; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 0.4% per year; rating input score 100; 12th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 87.8% of revenue deployed · 87% of spending went to programs
  • Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $12.6M in reported program spending
  • Leadership: top reported pay $182K · 17 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.