2021-02-12T14:21:07-08:00 2020-06-30 208019714 JDS PROFESSIONAL GROUP LLC 10303 E DRY CREEK RD STE 400 ENGLEWOOD CO 80112 990 2019-07-01 860196532 SUNSHINE ACRES CHILDRENS HOME INC SUNS 4808322540 3405 NORTH HIGLEY ROAD MESA AZ 85215 Kevin Humphrey EXEC DIR, VPRES 2021-02-12 true VICKI SANDERS P00647852 4808205041 2019 2022-09-23 18:48:47Z Carol Whitworth 8300738 false X SUNSHINEACRES.ORG X 1954 AZ The Organization's mission is to provide a loving, wholesome, Christian home for children who are separated from their parents and help them establish long-term relationships with stable parental figures, preparing them for success in adult life. 6 6 79 350 0 5206335 5521582 0 197685 289179 198570 186377 5602590 5997138 0 0 2790704 2882790 0 50174 2739244 2564510 5529948 5447300 72642 549838 13832014 13714983 1019391 349797 12812623 13365186 The Organization's mission is to provide a loving, wholesome, Christian home for children who are separated from their parents and help them establish long-term relationships with stable parental figures, preparing them for success in adult life. false false 4715202 Children's programs, which includes (1) living in a family environment in a home with up to ten children; (2)state licensed Christian counselors who specialize in family and child therapy; (3) non-demoninational chapel services on Sunday mornings; (4) education opportunities with 100% high school graduation rate set as a minimum target, and scholarships available for college or other post-secondary schools and; (5) other children's activities including choir, and 4-H and equestrian programs. 4715202 true true false false false false false false false false true false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 9 0 true 79 true false false false false false false false 0 false false false false false false false X 6 6 true false false false true true false true false false false false true true true true true true false false X SANDY EDWARDS 4808322540 3405 NORTH HIGLEY ROAD MESA AZ 85215 Kevin Humphrey ED, VPRES, mmbr 40.00 0.00 X 91412 0 40062 Carol whitworth Pres. mmbr 40.00 0.00 X 47004 0 22255 jacque burm Secretary, mmbr 32.00 0.00 X 39558 0 2207 michael burm Director 1.00 0.00 X 0 0 0 dina higgins Director 1.00 0.00 X 0 0 0 Dr Bradley Downing Director 1.00 0.00 X 0 0 0 John LaMarca Director 1.00 0.00 X 0 0 0 william puffer Director 1.00 0.00 X 0 0 0 Dr RB Sandler Treasurer 5.00 0.00 X X 0 0 0 177974 64524 0 false false false 0 X 441318 5080264 5521582 0 4147 4147 0 0 79373 79373 79373 79373 2588632 2303600 285032 285032 285032 0 0 0 intercompany services 531310 55000 55000 Other 900099 52004 52004 107004 5997138 107004 368552 0 0 0 0 182874 61027 121847 0 2017425 1785099 232326 155738 141128 14610 376832 293401 83431 149921 125934 23987 0 3125 3125 45095 45095 0 0 0 205223 156896 48327 5238 5238 0 0 0 419099 419099 0 0 56303 6129 50174 0 0 870819 844694 26125 145100 112080 33020 MATERIALS AND SUPPLIES 392899 364240 28659 CHILDREN ACTIVITIES 190505 190505 Vehicles maintenance and fuel 99672 99672 Equine and steer activities 63088 63088 68344 58339 10005 5447300 4715202 681924 50174 X 1615570 3024568 0 0 0 0 0 0 0 20000 17133614 8245552 9081177 8888062 0 0 0 0 3135267 1782353 13832014 13714983 302024 219873 65667 717367 64257 1019391 349797 X 11430558 11212529 1382065 2152657 12812623 13365186 13832014 13714983 X 549838 2725 X false true X true false X 3498704 3095937 8145753 5206334 5080264 25026992 0 0 3498704 3095937 8145753 5206334 5080264 25026992 836578 24190414 530305 400982 123055 122459 4147 1180948 0 20886 25838 38367 290185 122351 497627 26705567 5254607 0.90580 0.86700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19957 19957 10798459 5091556 5706903 3743832 1738790 2005042 917652 738193 179459 1653714 677013 976701 8888062 CASH SURRENDER VALUE OF LIFE INSURANCE 528243 DUE FROM RELATED PARTY 936791 Other assets HELD FOR SALE 7276 1782353 Children's savings accounts 45448 Gift Annuities payable 18809 64257 X 5999863 2725 2725 5997138 5997138 5447300 5447300 5447300 Part X : FIN48 Footnote The Organization is classified as a public charity and is exempt from income taxes under Internal Revenue Code Section 501(c)(3) and applicable Arizona Revised Statutes. Contributions to the Organization are tax deductible within the limitations described by the Code.As of June 30, 2020, the Organization had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. The Organization will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax, if incurred. Additionally, there was no unrelated business income for the year ended June 30, 2020.The Organization's informational tax returns are subject to review and examination by federal and state authorities. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Change in gift annuity liability $2725 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Three of the officers (members) are related and a director is married to a member. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The Organization has ten memberships. Memberships may be transferred to any individual or legal entity that has been previously approved to own memberships by individuals or entities owning six or more memberships. All living issue of the founders are irrevocably approved for ownership of one or more memberships. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the executive director prior to being filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Organization reviews the annual disclosure forms submitted by officers. If there are any possible conflicts, the Organization follows the procedures set out in its conflict of interest policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors approves the President's salary. All other salaries are approved through the budget process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organization documents are available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Change in gift annity liability = $2725 CARES ACT PPP Loan During the year ended June 30, 2020, the Organization received $506,985 in loan proceeds under the CARES Act. Forgiveness of the loan is based on funds being used for certain expenses, including payroll costs and utilities, based on the Organizations application form. As of June 30, 2020, the Organization had incurred $441,318 of eligible expenses, which has been recorded as a conditional contribution in the consolidating statement of activities for the year ended June 30, 2020. While there is no assurance that the Organizations obligation under the PPP loan will be forgiven, management believes that since the expenses incurred through June 30, 2020, have been spent in accordance with the criteria established for loan forgiveness and will apply for forgiveness within the time allowed under the program, all barriers for revenue recognition have been met. The outstanding loan payable balance at June 30, 2020 of $65,667, will be recognized as a contribution during the year June 30, 2021, when the remaining related eligible expenses are incurred and criteria for forgiveness are met. In the event loan forgiveness is not granted, any unforgiven loan amounts plus interest at 1%, must be repaid within five years. CONSOLIDATED FINANCIAL STATEMENTS The audited financial statements for Sunshine Acres Children's Home, Inc. have been consolidated for the year ended June 30, 2020 and include the accounts of Sunshine Acres Childrens Home, Inc. ("SACH"), Sunshine Acres Childrens Home Charitable Foundation, Inc. ("Foundation"), and Sunshine Acres Boutique and Donation Center, Inc. ("Donation Center") since SACH has both an economic and controlling interest in the Foundation and Donation Center. Separate informational tax returns (FORM 990) are prepared and filed for the Foundation and Donation Center. SA BOUTIQUE AND DONATION CENTER INC 3405 N HIGLEY ROAD MESA AZ 852159741 821201725 SALE DONATED GOODS to support SACH AZ 501(C)(3) ACTIVE N/A false SACH CHARITABLE FOUNDATION INC 3405 N HIGLEY ROAD MESA AZ 852159741 814422068 MANAGE INVESTMENTS TO SUPPORT SACH AZ 501(C)(3) ACTIVE N/A false true false true true true false false false false false false false false false false false false false false SA BOUTIQUE AND DONATION CENTER INC a 55000 cash SA BOUTIQUE AND DONATION CENTER INC c 200000 cash SA BOUTIQUE AND DONATION CENTER INC e 35299 cash SACH CHARITABLE FOUNDATION INC c 1083430 cash SACH CHARITABLE FOUNDATION INC d 901492 cash