Civic Intelligence

Sunlight Federal Credit Union Foundation

EIN 84-4488601 • 501(c)3 • Cody, WY

Profile

The sunlight federal credit union foundation was founded to: 1) provide scholarships to students furthering their education; 2) support financial literacy programs in elementary, middle and high schools; 3) support youth activities and clubs like 4h, ffa, fha, fbla, and deca; and 4) support civic activities and seasonal youth sports.

PO Box 190Cody, WY 82414

www.sunlightfcu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-223%

Higher net margin than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

59th percentile

2.8%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-88%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$248,146

Up $6,767 (+2.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$248,146

Up $6,767 (+2.8%) from 2022

Revenue

Down

$7,296

Down $53,801 (-88%) from 2022

Expenses

Up

$23,557

Up $2,751 (+13%) from 2022

Net Income

Down

-$16,261

Down $56,552 (-140%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2020: $229,754Liabilities 2020: $0Net Assets 2020: $229,7542020Assets 2021: $240,909Liabilities 2021: $0Net Assets 2021: $240,9092021Assets 2022: $241,379Liabilities 2022: $0Net Assets 2022: $241,3792022Assets 2023: $248,146Liabilities 2023: $0Net Assets 2023: $248,1462023

Highlighted filing

2023

Assets$248,146
Liabilities$0
Net Assets$248,146

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $208,133Expenses 2020: $1,038Net Income 2020: $207,0952020Revenue 2021: $15,712Expenses 2021: $10,370Net Income 2021: $5,3422021Revenue 2022: $61,097Expenses 2022: $20,806Net Income 2022: $40,2912022Revenue 2023: $7,296Expenses 2023: $23,557Net Income 2023: -$16,2612023

Highlighted filing

2023

Revenue$7,296
Expenses$23,557
Net Income-$16,261

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 10, 2023
Return Version
2022v5.0
Gross Receipts
$79,459
Mission and Program Overview

Mission

The sunlight federal credit union foundation was founded to: 1) provide scholarships to students furthering their education; 2) support financial literacy programs in elementary, middle and high schools; 3) support youth activities and clubs like 4h, ffa, fha, fbla, and deca; and 4) support civic activities and seasonal youth sports.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$204,456$220,749▲ $16,293
Savings and Temporary Cash Investments$26,417$10,584▼ $15,833
Cash and Non-Interest-Bearing Accounts$10,036$10,046▲ $10
Total Assets$240,909$241,379▲ $470
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$200,025$240,907▲ $40,882
Net Assets Without Donor Restrictions$40,884$472▼ $40,412
Total Net Assets Fund Balance$240,909$241,379▲ $470
Total Liabilities and Net Assets / Fund Balance$240,909$241,379▲ $470
Compensation and Service Providers

Board Members and Trustees

NameTitle
Allen WilsonChairman
Julie DunhamPresident
Mark LongoVice Chairma
Jessica WeaverDirector
Jim MowryDirector
Magdalena MartinezSecretary
David BurkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,499
Program Service Revenue
$0
Investment Income
$10,598
Other Revenue
$0
All Other Contributions
$409
Change in Net Assets
$40,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,702
Grants and Similar Amounts Paid$8,104
Total Fundraising Expense$7,444
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$8,104--$8,104
Advertising--$7,125$7,125
Fees for Services Accounting-$2,803-$2,803
Fees for Service Investment Mgmnt Fees-$2,387-$2,387
Fees for Services Other--$319$319
Other Expenses-$68-$68
Total Functional Expenses$8,104$5,258$7,444$20,806
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Prior to filing form 990, the organization sends draft copies to board members for review and comment.

Form 990, Page 6, Part VI, Line 12C

No member of the board of directors, or any of its committees, staff members, or volunteers shall derive any personal profit or gain, directly or indirectly, by reason of his or her participation with the foundation. Each person shall disclose any personal interest in which he or she may have in any matter pending before the foundation and shall refrain from participation in any decision on such matter. The minutes from the board meetings shall reflect the disclosed information and that the board member refrained from voting. Annually, all members of the board of directors shall complete and sign the following affidavit: i certify that i have read the above policy and will abide by it. Except as described below, i am not now, nor at any time during the past year have been: 1) a participant, directly or indirectly, in any arrangement, agreement, investment or other activity with any vendor, supplier, or other party doing business with the foundation, which has resulted, or could result, in personal benefit to me; 2) a recipient, directly or indirectly, of any salary payments or loans or gifts of any kind, or any free service or discounts or other fees from or on behalf of any person or organization engaged in any transaction with the foundation.

Form 990, Page 6, Part VI, Line 15A

The organization does not furnish its top official with any form of compensation.

Form 990, Page 6, Part VI, Line 15B

The organization does not furnish any officer or employee with any form of compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sunlight Federal Credit Union
EIN
84-4488601
Phone
3075874915
Address
PO BOX 190, CODY, WY 82414

Signing Officer

Name
Julie Dunham
Title
President
Phone
3075874915
Signed
2023-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Dunham
Formed
2020
Legal Domicile
Wy
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Whittle Hamilton & Assoc Pc Cpas
Address
PO BOX 801, POWELL, WY 82435
Preparer
Barbara R Hamilton
Phone
3077542962
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The sunlight federal credit union foundation was founded to: 1) provide scholarships to students furthering their education; 2) support financial literacy programs in elementary, middle and high schools; 3) support youth activities and clubs like 4h, ffa, fha, fbla, and deca; and 4) support civic activities and seasonal youth sports.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SUNLIGHT FEDERAL CREDIT UNION FOUNDATION WAS FOUNDED TO: 1) PROVIDE SCHOLARSHIPS TO STUDENTS FURTHERING THEIR EDUCATION; 2) SUPPORT FINANCIAL LITERACY PROGRAMS IN ELEMENTARY, MIDDLE AND HIGH SCHOOLS; 3) SUPPORT YOUTH ACTIVITIES AND CLUBS LIKE 4H, FFA, FHA, FBLA, AND DECA; AND 4) SUPPORT CIVIC ACTIVITIES AND SEASONAL YOUTH SPORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING FORM 990, THE ORGANIZATION SENDS DRAFT COPIES TO BOARD MEMBERS FOR REVIEW AND COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO MEMBER OF THE BOARD OF DIRECTORS, OR ANY OF ITS COMMITTEES, STAFF MEMBERS, OR VOLUNTEERS SHALL DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION WITH THE FOUNDATION. EACH PERSON SHALL DISCLOSE ANY PERSONAL INTEREST IN WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE FOUNDATION AND SHALL REFRAIN FROM PARTICIPATION IN ANY DECISION ON SUCH MATTER. THE MINUTES FROM THE BOARD MEETINGS SHALL REFLECT THE DISCLOSED INFORMATION AND THAT THE BOARD MEMBER REFRAINED FROM VOTING. ANNUALLY, ALL MEMBERS OF THE BOARD OF DIRECTORS SHALL COMPLETE AND SIGN THE FOLLOWING AFFIDAVIT: I CERTIFY THAT I HAVE READ THE ABOVE POLICY AND WILL ABIDE BY IT. EXCEPT AS DESCRIBED BELOW, I AM NOT NOW, NOR AT ANY TIME DURING THE PAST YEAR HAVE BEEN: 1) A PARTICIPANT, DIRECTLY OR INDIRECTLY, IN ANY ARRANGEMENT, AGREEMENT, INVESTMENT OR OTHER ACTIVITY WITH ANY VENDOR, SUPPLIER, OR OTHER PARTY DOING BUSINESS WITH THE FOUNDATION, WHICH HAS RESULTED, OR COULD RESULT, IN PERSONAL BENEFIT TO ME; 2) A RECIPIENT, DIRECTLY OR INDIRECTLY, OF ANY SALARY PAYMENTS OR LOANS OR GIFTS OF ANY KIND, OR ANY FREE SERVICE OR DISCOUNTS OR OTHER FEES FROM OR ON BEHALF OF ANY PERSON OR ORGANIZATION ENGAGED IN ANY TRANSACTION WITH THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT FURNISH ITS TOP OFFICIAL WITH ANY FORM OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DOES NOT FURNISH ANY OFFICER OR EMPLOYEE WITH ANY FORM OF COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0240909
IRS990/TotalAssetsEOYAmt0241379
IRS990/TotalAssetsGrp/BOYAmt0240909
IRS990/TotalAssetsGrp/EOYAmt0241379
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt050499
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07444
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05258
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08104
IRS990/TotalFunctionalExpensesGrp/TotalAmt020806
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0240909
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0241379
IRS990/TotalProgramServiceExpensesAmt08104
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010598
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061097
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0240909
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0241379
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 867
IRS990/USAddress/CityNm0WORLAND
IRS990/USAddress/StateAbbreviationCd0WY
IRS990/USAddress/ZIPCd082401
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.SUNLIGHTFCU.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE DUNHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03075874915
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUNLIGHT FEDERAL CREDIT UNION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SUNL
ReturnHeader/Filer/EIN0844488601
ReturnHeader/Filer/PhoneNum03075874915
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 190
ReturnHeader/Filer/USAddress/CityNm0CODY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WY
ReturnHeader/Filer/USAddress/ZIPCd082414
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830320370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHITTLE HAMILTON & ASSOC PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 801
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0POWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd082435
ReturnHeader/PreparerPersonGrp/PhoneNum03077542962
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA R HAMILTON
ReturnHeader/ReturnTs02023-08-10T16:24:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DUNHAM
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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