Proshare Inc
- Assets
- $83.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Adrian, MI
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 82-5370582
Organization Overview
Proshare Inc is located in Adrian, MI. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proshare 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 12/2023, Proshare Inc generated $55.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $64.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SPREAD THE MESSAGE OF THE GOSPEL OF JESUS CHRIST TO INCARCERATED INDIVUDUALS IN JAILS AND JUVENILE DETENTION CENTERS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,109 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,189 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18 |
| Total Revenue | $55,316 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,227 |
| Professional fees and other payments to independent contractors | $11,400 |
| Occupancy, rent, utilities, and maintenance | $3,912 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,271 |
| Total expenses | $64,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,727 |
| Other assets | $0 |
| Total assets | $83,727 |
| Total liabilities | $900 |
| Net assets or fund balances | $82,827 |