Shared Blessings Inc
- Assets
- $1.2m
- Revenue
- $749.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Mcalester, OK
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 73-1527791
Organization Overview
Shared Blessings Inc is located in Mcalester, OK. The organization was established in 1998. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Shared Blessings Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shared Blessings 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 12/2021, Shared Blessings Inc generated $749.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $678.4k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SHARED BLESSINGS PROVIDES CLOTHING, FOOD, AND OTHER BASIS NECESSITIES FOR INDIGENT FAMILIES IN THE MCALESTER AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD PANTRY - SHARED BLESSINGS PROVIDED FOOD TO APPROXIMATELY 7,765 PEOPLE IN NEED.
CLOTHING - SHARED BLESSINGS PROVIDED CLOTHING TO 6899 AREA PEOPLE AND FAMILIES IN NEED
ROAD MAPS/HOUSING- PROVIDED UNDESERVED/IN NEED INDIVIDUALS BY PROVIDING LIFE COACHING SERVICES AND LOW COST HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Thomas Secretary | OfficerTrustee | 2 | $0 |
Sam Wampler President | OfficerTrustee | 2 | $0 |
Christi Shuler Director | Trustee | 0 | $0 |
Clem Santine Director | Trustee | 2 | $0 |
Kyle Spruce Director | Trustee | 0 | $0 |
Roger Otis Director | Trustee | 2 | $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 | $472,527 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $472,527 |
| Total Program Service Revenue | $108,323 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $169,003 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $749,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $119,697 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $269,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,373 |
| Payroll taxes | $13,272 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,885 |
| Office expenses | $9,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,124 |
| Travel | $2,693 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $504 |
| Interest | $5,094 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,022 |
| Insurance | $13,438 |
| All other expenses | $75,216 |
| Total functional expenses | $678,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,487 |
| 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 | $1,165 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $692,448 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,182,100 |
| Accounts payable and accrued expenses | $6,621 |
| 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 | $88,844 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $95,465 |
| Net assets without donor restrictions | $985,743 |
| Net assets with donor restrictions | $100,892 |
| 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 | $1,182,100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shared Blessings Inc has recieved totaling $23,000.
| Awarding Organization | Amount |
|---|---|
Mcgowan Family Foundation Mcalester, OK PURPOSE: GENERAL PURPOSE | $22,000 |
Brezzo Family Foundation San Rafael, CA PURPOSE: TO SUPPORT CHARITABLE ACTIVITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Katy Christian Ministries Katy, TX | $4,711,078 | $7,821,438 |
Grapevine Relief And Community Exchange Grapevine, TX | $9,467,180 | $5,097,356 |
Vail Valley Cares Inc Edwards, CO | $3,973,147 | $3,753,850 |
United States Of America Chess Federation St Louis, MO | $6,079,423 | $3,913,162 |
Big Brothers Big Sisters Of Central New Mexico Donation Center Inc Albuquerque, NM | $1,509,034 | $2,745,299 |
St Vincent De Paul Society Archdiocese Of Santa Fe Albuquerque, NM | $3,073,057 | $2,711,776 |
St Vincent De Paul Thrift Store Of Dallas Dallas, TX | $3,458,892 | $2,819,695 |
Mission Central Metroplex Inc Hurst, TX | $299,139 | $1,574,476 |
Adelante Thrift Inc Kansas City, KS | $255,188 | $1,547,974 |
Park Avenue Thrift Inc Enid, OK | $1,268,783 | $1,759,306 |
Ditto Upscale Resale Warson Woods, MO | $516,704 | $1,429,635 |
Et Cetera Shop Inc Weatherford, OK | $754,713 | $935,275 |