Sharing Foundation Inc is located in Arnold, MD. The organization was established in 2014. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sharing Foundation Inc generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.4%) each year. All expenses for the organization totaled $17.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE SHARING FOUNDATION, INC. ACCEPTS CONTRIBUTIONS FROM THE GENERAL PUBLIC AND BUSINESS COMMUNITY BOTH IN LEGAL CURRENCY AND IN-KIND (TANGIBLE PROPERTY) TO DISTRIBUTE TO UNDERPRIVILEDGE AND NEEDY CHILDREN DURING THE HOLIDAYS AND / OR WHEN URGENT NEEDS ARISE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Maley President | 2 | $0 | |
Vickie Coover Secretary | 2 | $0 | |
Richard Meade Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,666 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $288 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5,954 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $375 |
Occupancy, rent, utilities, and maintenance | $7,600 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,920 |
Total expenses | $17,895 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,359 |
Other assets | $0 |
Total assets | $40,359 |
Total liabilities | $0 |
Net assets or fund balances | $40,359 |