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Environment & Animals · 2023 Form 990

Sunrise Project Inc: $33.3M Revenue, $36.0M Expenses

Wilmington, Delaware · EIN 872370083 · Filing year 2023

Sunrise Project Inc reported $33.3M in total revenue, $36.0M in total expenses, and $5.2M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $825K (2.48% of revenue). NonprofitTruth efficiency grade: C (51/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
51/100

Key Facts (2023 Form 990)

Total Revenue
$33.3M
Total Expenses
$36.0M
Total Assets
$5.2M
Reserve Months
1.7 months
Surplus / (Deficit)
$-2,737,813
EIN
872370083
Latest 990 Year
2023
Current-Officer Compensation
$825K
Officer Comp % of Revenue
2.48%

Sunrise Project Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 51/100.

Sunrise Project Inc reported $33.3M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Sunrise Project Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Multi-year revenue history is incomplete in the available filings, so the trend direction can't be assessed reliably from the current dataset. Compensation for current officers and key employees runs $824,648 against $33.3M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Sunrise Project Inc works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.


$33.3M
Revenue
$36.0M
Expenses
$5.2M
Total Assets
$825K
Officer Compensation

How Sunrise Project Inc Compares

Sunrise Project Inc earns a NonprofitTruth efficiency grade of C (51/100). That is 12 points below the Environment & Animals category average. Compensation for current officers and key employees represents 2.48% of total revenue. The organization holds 1.7 months of operating reserves, which is below the commonly recommended 3-month minimum.

Financials

990 Financial Snapshot

$36.0M
Total Expenses
Filing year 2023
$825K
Officer Compensation
2.48% of revenue
1.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Sunrise Project Inc reported $33.3M in revenue against $36.0M in total functional expenses for filing year 2023, holding roughly 1.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $825K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.48% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Sunrise Project Inc has a NonprofitTruth Efficiency Score of C (51/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Sunrise Project Inc, Donor FAQ

Sunrise Project Inc has a NonprofitTruth Efficiency Score of C (51/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Sunrise Project Inc reports $825K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.48% of the organization's $33.3M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Sunrise Project Inc reported $33.3M in annual revenue and $36.0M in total expenses for filing year 2023. The organization holds $5.2M in total assets.

Sunrise Project Inc holds approximately 1.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Sunrise Project Inc is a registered 501(c) organization with EIN 872370083, based in Wilmington, Delaware. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.