Sunrise Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of Sunrise Foundation, Inc. is to provide financial assistance and support to any and all aspects of healthcare in our service area.
- Income
- $195,418
- Spending
- $77,684
- Spent on programs
- 38%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 64%
- Employees
- 1
- Volunteers
- 20
- Highest pay
- $20,707, foundation director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
16 of 20It owes 29% of what it owns.
Living within its means
15 of 15Income exceeded spending by 60% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
0 of 1537% of spending went to programs and raising each dollar of donations cost 40 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100.
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $18,625 spent. The Sunrise Foundation awarded scholarships to graduating high school seniors in our service area who are going into a healthcare field of study. The foundation also awarded scholarships to college students who are from our service area and are pursuing a degree in healthcare. Eligible applicants must have completed their freshman year of college and have been officially accepted into their program of study. The Sunrise Foundation accepted applications from students originally from Bowman County, Slope County, Harding County, and Western Adams County. Loan repayments are also offered to current employees of Southwest Healthcare Services who have been employed for at least 1 year.
- $10,500 spent. The Foundation is organized to raise and invest funds to support the medical needs of the community of Bowman, North Dakota, and the surrounding rural service area. The Foundation provides significant financial support to the local hospital and long-term care facility as well as supporting the paramedic and ambulance services of the local and surrounding communities.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.