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Alaska · Nonprofit

Sunshine Transit

Sunshine Transit (Alaska) receives grants from 3 organizations whose IRS filings report $1,214,949 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC Dba MAT-SU HEALTH FOUNDATION ($1,146,445). 2 of them have funded it in more than one year.

$1.8M
Revenue FY2025
3
Funders on record
$1.2M
Grants received
$2.0M
Net assets
2/3 repeat funderspeak grant-dependency 15%

Against its field

Sunshine Transit runs a healthier operating margin than three-quarters of the 5,983 human services nonprofits its size.

Operating margin22% · top quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 5,983 human services nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($1.5M) Expenses 100 ($994k) Net assets 100 ($859k)2022 Revenue 129 ($1.9M) Expenses 126 ($1.3M) Net assets 176 ($1.5M)2023 Revenue 98 ($1.5M) Expenses 138 ($1.4M) Net assets 187 ($1.6M)2024 Revenue 94 ($1.4M) Expenses 143 ($1.4M) Net assets 183 ($1.6M)2025 Revenue 124 ($1.8M) Expenses 144 ($1.4M) Net assets 231 ($2.0M)
20212022202320242025
Revenue (124)Expenses (144)Net assets (231)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 79% · 2022 80% · 2023 79% · 2024 74% · 2025 80%. Grants only. Government contracts and fees sit inside program revenue.

90% of Sunshine Transit’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).

This organization
Typical peer · 11,740 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$488k
21
$654k
22
$84k
23
$30k
24
$411k
25
2.3
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $191k → $216k.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
3
2
1

From the IRS filings of Sunshine Transit’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Sunshine Transit leans on a few funders — its largest provides 94% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Sunshine Transit.

94%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 79%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Sunshine Transit's grant income comes from Alaska funders.

AK

In-state vs out-of-state, by year

19
20
21
22
23
Alaska out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding Sunshine Transit receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $400k on record.

Federal$400k
grants $400kcontracts $0
Top agencies
  • Denali Commission$400k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Sunshine Transit

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Alaska

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 29%Fundraising 0%

Governance

4
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Sunshine Transit: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Sunshine Transit?
Sunshine Transit (Alaska) receives grants from 3 organizations whose IRS filings report $1,214,949 to it, the largest being VALLEY HOSPITAL ASSOCIATION INC Dba MAT-SU HEALTH FOUNDATION ($1,146,445). 2 of them have funded it in more than one year.
How many funders does Sunshine Transit have?
IRS filings report 3 organizations giving $1,214,949 in grants to Sunshine Transit, 2 of which have funded it in more than one year.
Who is the largest funder of Sunshine Transit?
VALLEY HOSPITAL ASSOCIATION INC Dba MAT-SU HEALTH FOUNDATION is the largest funder on record, with $1,146,445 in grants. The full list of funders is on this page.
How can an organization like Sunshine Transit find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing