Shared Blessings Inc
- Assets
- $1.1m
- Revenue
- $803.6k
- Investments
- $0.0
- Employees
- 16
- Location
- Mcalester, OK
- Founding
- 03/1998
- Data as of
- 12/2022
- 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 12/2022, Shared Blessings Inc employed 16 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 12/2022, Shared Blessings Inc generated $803.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $869.5k during the year ending 12/2022. While expenses have increased by 10.0% 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
2022
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
ROAD MAPS/HOUSING- PROVIDED UNDESERVED/IN NEED INDIVIDUALS BY PROVIDING LIFE COACHING SERVICES AND LOW COST HOUSING.
FOOD PANTRY - SHARED BLESSINGS PROVIDED FOOD TO APPROXIMATELY 11781 PEOPLE IN NEED.
NUTRITION CLUB - SHARED BLESSINGS PROVIDED 25599 BAGS OF FOOD FOR WEEKEND LUNCHES TO APPROXIMATELY 962 AREA CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christi Shuler Secretary | OfficerTrustee | 2 | $0 |
Clem Santine Director | Trustee | 2 | $0 |
Vicki Thomas Director | OfficerTrustee | 2 | $0 |
Kyle Spruce Vice President | Trustee | 2 | $0 |
Roger Otis Director | Trustee | 2 | $0 |
Jolie Mascoto 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 | $542,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $542,071 |
| Total Program Service Revenue | $107,218 |
| 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 | $154,337 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $803,626 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $205,802 |
| 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 | $327,994 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,664 |
| Payroll taxes | $13,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,358 |
| Office expenses | $10,008 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,197 |
| Travel | $3,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,006 |
| Interest | $4,747 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,284 |
| Insurance | $18,736 |
| All other expenses | $79,819 |
| Total functional expenses | $869,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $417,812 |
| 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 | $1,162 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $693,151 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,112,125 |
| Accounts payable and accrued expenses | $7,541 |
| 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 | $83,783 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $91,326 |
| Net assets without donor restrictions | $655,264 |
| Net assets with donor restrictions | $365,535 |
| 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 | $1,112,125 |