Sharebaby
- Assets
- $1.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Baltimore, MD
- Founding
- 11/2014
- Data as of
- 12/2022
- EIN
- 47-2325575
Organization Overview
Sharebaby is located in Baltimore, MD. The organization was established in 2014. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Sharebaby employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharebaby 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 12/2022, Sharebaby generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 22.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Sharebaby has awarded 138 individual grants totaling $2,335,593. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHAREBABY COLLECTS DIAPERS,CLOTHING AND OTHER BASIC GOODS AND DISTRIBUTES THESE ITEMS TO FAMILIES IN NEED THROUGH COMMUNITY BASED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHAREBABY IS THE ONLY ORGANIZATION IN BALTIMORE THAT IS CREATING A DIRECT LINK TO CRITICAL RESOURCES FOR YOUNG CHILDREN IN NEED THROUGH DONATIONS FROM ITS OWN COMMUNITY. IN DELIVERING THESE ESSENTIAL ITEMS, SHAREBABY WORKS TO EMPOWER FAMILIES, PROMOTE HEALTHY KIDS AND BUILD AN INCREASED SENSE OF COMMUNITY. SINCE ITS FOUNDING IN NOVEMBER, 2014, SHAREBABY HAS DISPLAYED A STRONG BEGINNING EFFORT. WE HAVE ENGAGED HUNDREDS OF FAMILIES IN THE MARYLAND COMMUNITY IN SUPPORTING OUR MISSION THROUGH DONATIONS OF DIAPERS AND GEAR. IN ADDITION, SHAREBABY, THROUGH ITS NATIONAL PARTNERSHIPS AND LOCAL RELATIONSHIPS, WAS ABLE TO ATTRACT AND RECEIVE LARGE-SCALE IN-KIND DONATIONS OF DIAPERS, WIPES, BABY GEAR AND TOYS FROM THE HONEST COMPANY, MATTEL, INC. AND THE PARENT'S CHOICE FOUNDATION. AT THE CLOSE OF 2018, THESE DONATIONS ENABLED US TO DISTRIBUTE A TOTAL OF ITEMS WITH AN ESTIMATED TOTAL VALUE OF $. IN 2018, WE WERE ABLE TO MORE BROADLY COMMUNICATE OUR MISSION AND INSPIRED DONATIONS FROM FOUNDATIONS, INDIVIDUALS, AND LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tace Loeb Board Devel & Marketing Chair | OfficerTrustee | 10 | $0 |
Joshua Ammons Board Member | OfficerTrustee | 1 | $0 |
Molly Doran Board Member | OfficerTrustee | 1 | $0 |
Shani Walter Board Member | OfficerTrustee | 1 | $0 |
Jeremy Givens Board Member | OfficerTrustee | 1 | $0 |
Chelsey Abrams Board Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,608,984 |
| Noncash contributions included in lines 1a–1f | $830,746 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,608,984 |
| Total Program Service Revenue | $0 |
| Investment income | $3,907 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $92,474 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,694,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $936,954 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $305,497 |
| Compensation of current officers, directors, key employees. | $27,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,852 |
| Payroll taxes | $27,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,849 |
| Fees for services: Other | $29,187 |
| Advertising and promotion | $0 |
| Office expenses | $106 |
| Information technology | $9,985 |
| Royalties | $0 |
| Occupancy | $62,541 |
| Travel | $418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,843 |
| Insurance | $1,677 |
| All other expenses | $82,911 |
| Total functional expenses | $1,719,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $625,688 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $212,562 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,874 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,099,740 |
| Intangible assets | $0 |
| Other assets | $3,055 |
| Total assets | $1,945,919 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $835,919 |
| Net assets with donor restrictions | $1,110,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,945,919 |
Grants Awarded
Over the last fiscal year, Sharebaby has awarded $709,194 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
BETTER WAVERLY COMMUNITY PURPOSE: SUPPORT NEEDY CHILDREN | $25,168 |
ASYLEE WOMEN ENTERPRISE PURPOSE: SUPPORT NEEDY CHILDREN | $11,773 |
BILLIE HOLIDAY ELEM SCHOOL -JUDY CENTER PURPOSE: SUPPORT NEEDY CHILDREN | $13,988 |
CATHERINE'S FAMILY CHILDREN & YOUTH PURPOSE: SUPPORT NEEDY CHILDREN | $68,816 |
EAST BALTIMORE MEDICAL CENTEREAST PURPOSE: SUPPORT NEEDY CHILDREN | $7,663 |
COMMODORE JOHN ROGERS JUDY CTR PURPOSE: SUPPORT NEEDY CHILDREN | $11,386 |