Sunrise Children's Services 
The information on this page was last updated 2/29/2024. If you see errors or omissions, please email: [email protected]
Summary
Sunrise Children's Services provides care and hope to hurting families and children through Christ-centered ministries. Sunrise Children's Services, Inc. is a historic 501(c)(3) nonprofit organization. Since 1869, this nonprofit ministry has continuously affiliated with Kentucky Baptists. Today, Sunrise provides therapeutic foster care, residential therapeutic treatment, and community-based services statewide; and its family services program is licensed by the Commonwealth of Kentucky as a Behavioral Health Services Organization (BHSO).
Sunrise Children's Services operates three therapeutic residential centers, one psychiatric residential treatment center, five foster care regions with 11 foster care offices, family services and an independent living program that helps aging-out kids. Sunrise Children's Services provides care for close to 1,000 kids and family members throughout the state of Kentucky.
Contact information
Mailing address:
Sunrise Children's Services
300 Hope Street
P.O. Box 1429
Mt. Washington, KY 40047
Website: sunrise.org
Phone: 502-538-1000
Email: [email protected]
Organization details
EIN: 610597273
CEO/President: Dale Suttles
Chairman: Wesley Fowler
Board size: 20
Founder:
Ruling year: 1980
Tax deductible: Yes
Fiscal year end: 08/31
Member of ECFA: No
Member of ECFA since:
Purpose
We are a Christian ministry that, through God's direction and leadership, reaches out to children and families with Christ's love and compassion. We are committed to presenting a clear message of Christian values.
Mission statement
Sunrise Children's Services provides care and hope for hurting families and children through Christ-centered ministries.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Adoption/Foster Care
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 990 of 1106 | 28 of 32 |
| Fund acquisition rating | | 757 of 1107 | 20 of 32 |
| Resource allocation rating | | 760 of 1107 | 22 of 32 |
| Asset utilization rating | | 1044 of 1106 | 31 of 32 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 16% | 11% | 6% | 6% | 16% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 3% | 2% | 2% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 60% | 20% | 22% | 35% | 31% | 15% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 4% | 3% | 2% | 3% | 2% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 40% | 80% | 78% | 65% | 69% | 85% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 81% | 82% | 86% | 86% | 87% |
Spending ratio Spending ratio = Total expenses / Total revenue | 101% | 97% | 97% | 87% | 86% | 102% |
Program output ratio Program output ratio = Program services / Total revenue | 85% | 79% | 79% | 75% | 74% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | -1% | 3% | 3% | 13% | 14% | -2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 2% | 2% | 9% | 13% | -1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 15% | 15% | 11% | 11% | 11% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.04 | 0.60 | 0.56 | 0.50 | 0.63 | 0.71 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.35 | 3.65 | 4.32 | 4.82 | 4.71 | 4.42 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.74 | 2.18 | 2.42 | 2.40 | 2.98 | 3.12 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.54 | 5.21 | 4.77 | 5.72 | 5.35 | 4.77 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.19 | 0.21 | 0.17 | 0.19 | 0.21 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.41 | 4.45 | 3.93 | 4.12 | 3.28 | 3.04 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 13% | 13% | 12% | 19% | 18% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 6% | 7% | 7% | 7% | 13% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 84% | 145% | 156% | 177% | 127% | 115% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $3,601,016 | $1,945,919 | $766,275 | $952,443 | $54,885 |
| Receivables, inventories, prepaids | $2,704,974 | $2,291,810 | $2,333,033 | $2,482,950 | $2,802,672 |
| Short-term investments | $4,870,181 | $4,607,961 | $5,393,196 | $4,629,407 | $5,666,806 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $11,176,171 | $8,845,690 | $8,492,504 | $8,064,800 | $8,524,363 |
| Long-term investments | $0 | $0 | $0 | $14,700 | $14,700 |
| Fixed assets | $14,503,196 | $14,793,590 | $14,633,750 | $14,521,793 | $14,588,110 |
| Other long-term assets | $15,146,616 | $14,588,855 | $17,780,734 | $15,369,179 | $14,517,037 |
| Total long-term assets | $29,649,812 | $29,382,445 | $32,414,484 | $29,905,672 | $29,119,847 |
| Total assets | $40,825,983 | $38,228,135 | $40,906,988 | $37,970,472 | $37,644,210 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $2,146,576 | $1,855,980 | $1,485,591 | $1,508,299 | $1,788,061 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $2,146,576 | $1,855,980 | $1,485,591 | $1,508,299 | $1,788,061 |
| Debt | $2,613,698 | $2,687,176 | $2,887,305 | $2,534,963 | $4,801,490 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $696,628 | $327,207 | $351,366 | $3,342,019 | $370,076 |
| Total long-term liabilities | $3,310,326 | $3,014,383 | $3,238,671 | $5,876,982 | $5,171,566 |
| Total liabilities | $5,456,902 | $4,870,363 | $4,724,262 | $7,385,281 | $6,959,627 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $18,649,353 | $16,997,649 | $16,491,222 | $13,810,658 | $14,428,599 |
| With donor restrictions | $16,719,728 | $16,360,123 | $19,691,504 | $16,774,533 | $16,255,984 |
| Net assets | $35,369,081 | $33,357,772 | $36,182,726 | $30,585,191 | $30,684,583 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $5,005,350 | $4,971,330 | $8,309,964 | $8,792,026 | $3,801,634 |
| Program service revenue | $19,939,423 | $16,781,495 | $14,697,746 | $18,407,745 | $20,923,623 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $82,268 | $345,446 | $481,274 | $750,047 | $1,352,605 |
| Other revenue | $82,754 | $28,679 | $97,179 | $15,277 | $84,521 |
| Total other revenue | $20,104,445 | $17,155,620 | $15,276,199 | $19,173,069 | $22,360,749 |
| Total revenue | $25,109,795 | $22,126,950 | $23,586,163 | $27,965,095 | $26,162,383 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $19,776,671 | $17,551,760 | $17,572,777 | $20,681,684 | $23,045,260 |
| Management and general | $3,755,616 | $3,281,713 | $2,303,016 | $2,759,787 | $2,970,019 |
| Fundraising | $818,465 | $533,991 | $534,274 | $569,409 | $600,238 |
| Total expenses | $24,350,752 | $21,367,464 | $20,410,067 | $24,010,880 | $26,615,517 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $759,043 | $759,486 | $3,176,096 | $3,954,215 | ($453,134) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $759,043 | $759,486 | $3,176,096 | $3,954,215 | ($453,134) |
Compensation
| Name | Title | Compensation |
| Larry Dale Suttles | President/CEO | $185,627 |
| Guy K Goodner | CFO, Retired | $112,812 |
| David Bourne | CFO | $72,415 |
Compensation data as of: 8/31/2023
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/29/2024. To update the information below, please email: [email protected]
History
At the close of the Civil War, families in Kentucky were left devastated. As a border state with torn loyalties, Kentucky saw families split and broken by the conflict. Death, sickness, and the poverty that followed left many children orphaned with no one to care for them. Since our beginnings as a ministry, Sunrise continues to be fueled by a faithful dedication to God's call for His people to be the hands and feet of Jesus in caring for innocent children. We have helped to transform thousands of lives over the years, and your continued support enables us to make a difference in lives today and for years to come. Thank you for being part of our proud history.
Program accomplishments
The Joint Commission has given Gold Seal accreditation to Sunrise, and the respected BHSO maintains other professional licenses and accreditation needed for comprehensive therapeutic child care.