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The
Sunstone Education Foundation Incorporated
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The Board of Trustees is pleased to provide a summary of the financial activities of the Sunstone Education Foundation Incorporated, for the last five years as reported to the Internal Revenue Service on Form 990, Return of Organization Exempt From Income Taxes.
The
Sunstone Education Foundation applied to the Internal Revenue Service for
"section 501(c)(3)" "non-profit" status. The IRS approved our application on September 16, 2002, and is effective as of September 27, 2001, the date the Sunstone Education Foundation began business.
(You may verify our non-profit status at http://apps.irs.gov/app/pub78.) As you will be able to see below, today, as in the past, Sunstone
is extremely dependent upon the generosity of its friends in order to
carry on its activities and services. If you would like to make a donation, click
here to see the numerous ways that you may do so.
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Summary of Financial Information from Form 990 Tax Returns
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line*
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Describe
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2005 |
2004 |
2003 |
2002 |
2001 |
| 1 |
Contributions |
212,635 |
217,975 |
235,382 |
221,246 |
204,036 |
| 2 |
Program service revenue |
100,894 |
120,757 |
112,862 |
108,892 |
149,270 |
| 4 |
Interest income |
0 |
0 |
439 |
0 |
0 |
| 11 |
Other revenue |
0 |
0 |
15,163 |
27,339 |
24,565 |
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| 12 |
Total revenue |
313,529 |
338,732 |
376,022 |
354,703 |
353,306 |
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13
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Program services |
282,453 |
292,149 |
156,592 |
139,134 |
143,349 |
| 14 |
Management & general |
20,087 |
21,325 |
218,650 |
192,510 |
217,087 |
| 15 |
Fundraising |
25,949 |
27,008 |
0 |
525 |
15,352 |
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17
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Total expenses |
328,489 |
339,697 |
375,242 |
332,169 |
375,788 |
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| 18 |
Excess or (deficit) |
(14,960) |
(965) |
780 |
22,534 |
(22,482) |
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| 21 |
Net assets, end of year |
36,374 |
37,340 |
36,560 |
14,026 |
(7,237) |
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| * Explanation of Form 990 line items: |
| 1- Contributions reflect the donations received from all sources |
| 2- Includes magazine and book sales and symposium registrations |
| 11- Primarily includes sales tax refunds |
| 13- Service cost for magazine production such as printing, shipping, plus conducting all |
| symposiums, whose primary costs are hotel, printing, travel, food, and postage, |
| plus cost of merchandise sold and web development. |
| 21- Net assets are cash, inventory, and fixtures less all liabilities |
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