If it's cured live rock it's very good. If it's uncured live rock you'll need to keep an eye out in case it starts to turn black.
I grew tons of orange sponges on my live rock and even built a 400 gallon refugium with a large cryptic zone to promote their growth years ago (for a 600+ gallon tank I designed for a saltwater shop). New high quality live rock will often have these. They almost always die and turn black from exposure to air, which is usually fatal for them. If they do turn black you must remove the rock and scrub them off with a brush. Dying sponges can foul a tank and overwhelm the biological filter leading to an ammonia spike.
If they are healthy sponges, then keeping them healthy is simply a matter of turning them away from the light as any algae growth will suffocate them. They grow in unlit areas of reefs. They do actually contribute to a healthy tank by filter feeding on dissolved organics in the water column. I always run a powerhead behind my live rocks, in large part for their benefit.