Shed Inc

Organization Overview

Shed Inc is located in Wetumpka, AL. The organization was established in 2008. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Shed Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shed 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, Shed Inc generated $164.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $123.3k during the year ending 12/2022. While expenses have increased by 7.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SHELTER, FOOD, COUNSELING, SUPPORT AND JOB ASSISTANCE FOR MEN WHILE THEY ARE OVERCOMING THEIR ADDICTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MORE THAN 12 MEN WERE GIVEN SHELTER, FOOD, COUNSELING, SUPPORT AND JOB ASSISTANCE DURING THE YEAR AS THEY WERE OVERCOMING THEIR ADDICTION.


THE DIRECTOR IS INVOLVED IN ALL THE PROGRAMS TO OFFER SUPPORT, GUIDANCE AND ENCOURAGEMENT TO MEN OVERCOMING ADDICTIONS.


ASSISTANCE WAS GIVEN TO THOSE OVERCOMING ADDICTIONS WHEN A NEED AROSE. INDIVIDUALS WERE HELPED WITH CAR REPAIRS, MEDICAL EXPENSES AND OTHER LIVING EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Ed Bice
President
$11,708
Barbara Bice
First Vice P
$0
Jade Bice
Third Vice P
$0
Regina Edwards
Secretary
$0
John Allen Gunn
Second Vice
$0
Wes Gunn
Director
$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$108,249
Noncash contributions included in lines 1a–1f $7,650
Total Revenue from Contributions, Gifts, Grants & Similar$108,249
Total Program Service Revenue$43,678
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,892
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $164,819

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