Shared Beginnings is located in Fayetteville, AR. The organization was established in 2018. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2023, Shared Beginnings employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shared Beginnings 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, Shared Beginnings generated $589.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $642.1k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVING EXPECTANT MOMS PLANNING FOR ADOPTION, BIOLOGICAL FAMILIES SEEKING REUNIFICATION & BIRTH FAMILIES SEEKING SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING BIRTH MOTHERS SEEKING AN ADOPTION PLAN FOR THEIR CHILD BY PROVIDING CONNECTIONS TO RESOURCES, COUNSELING AND LEGAL SUPPORT THROUGHOUT THE ADOPTION PROCESS AND POST-PLACEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michaela Montie Executive Di | Officer | 40 | $69,339 |
Kacie Alverson Director | Trustee | 1 | $0 |
John Byrum Director | Trustee | 1 | $0 |
Sarah Knight Treasurer | OfficerTrustee | 1 | $0 |
Erika Mccourt Chair | OfficerTrustee | 1 | $0 |
Jessica Orlicek Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $109,906 |
Related organizations | $0 |
Government grants | $111,668 |
All other contributions, gifts, grants, and similar amounts not included above | $106,052 |
Noncash contributions included in lines 1a–1f | $8,865 |
Total Revenue from Contributions, Gifts, Grants & Similar | $327,626 |
Total Program Service Revenue | $274,001 |
Investment income | $3,878 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$16,300 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $589,205 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $69,339 |
Compensation of current officers, directors, key employees. | $6,934 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $287,636 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,289 |
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 | $35,777 |
Advertising and promotion | $34,077 |
Office expenses | $16,925 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $42,017 |
Travel | $9,194 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,386 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,526 |
Insurance | $5,189 |
All other expenses | $0 |
Total functional expenses | $642,051 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $309,756 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,842 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,078 |
Net Land, buildings, and equipment | $12,044 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $28,153 |
Other assets | $0 |
Total assets | $373,873 |
Accounts payable and accrued expenses | $2,473 |
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 | $60,858 |
Total liabilities | $63,331 |
Net assets without donor restrictions | $309,591 |
Net assets with donor restrictions | $951 |
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 | $373,873 |