Sharing Ministries Inc
- Assets
- $2.3m
- Revenue
- $660.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Montrose, CO
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 84-1338604
Organization Overview
Sharing Ministries Inc is located in Montrose, CO. The organization was established in 1996. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Sharing Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing Ministries 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, Sharing Ministries Inc generated $660.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $570.1k during the year ending 12/2021. 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
PROVIDE FOOD AT NO CHARGE TO INDIVIDUALS AND FAMILIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
365 TONS OF FOOD AND 32 TONS OF NON-FOOD ITEMS WERE DISTRIBUTED TO LOW INCOME FAMILIES, INDIGANT, AND HOMELESS PEOPLE. SHARING MINISTRIES, INC. PROVIDES WAREHOUSES AT WHICH PEOPLE IN DIFFICULT CIRCUMSTANCES CAN OBTAIN FREE FOOD AND RELATED NON-FOOD HOUSEHOLD ITEMS. ALL FOOD IS DISTRIBUTED TO ANYONE WHO NEEDS IT. NO DISTINCTION OR DISCRIMINATION IN DISTRIBUTION IS TOLERATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Butterbaugh President | OfficerTrustee | 1 | $0 |
Ronda Steenburgen Secretary | OfficerTrustee | 1 | $0 |
Cory Jimerson Treasurer | OfficerTrustee | 1 | $0 |
Oneda Doyal Executive Director | OfficerTrustee | 50 | $0 |
Eva Veich Vice President | OfficerTrustee | 1 | $0 |
Ashton Davis Director | Trustee | 1 | $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 | $618,968 |
| Noncash contributions included in lines 1a–1f | $168,314 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $618,968 |
| Total Program Service Revenue | $0 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $41,183 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $660,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $197,791 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,739 |
| Compensation of current officers, directors, key employees. | $67,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,855 |
| 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 | $5,777 |
| Office expenses | $11,867 |
| Information technology | $2,141 |
| Royalties | $0 |
| Occupancy | $68,501 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,424 |
| Interest | $669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,371 |
| Insurance | $16,684 |
| All other expenses | $0 |
| Total functional expenses | $570,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543,473 |
| 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 | $8,287 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,779,741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,331,501 |
| Accounts payable and accrued expenses | $5,225 |
| 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 | $15,601 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,826 |
| Net assets without donor restrictions | $2,310,675 |
| Net assets with donor restrictions | $0 |
| 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 | $2,331,501 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sharing Ministries Inc has recieved totaling $32,928.
| Awarding Organization | Amount |
|---|---|
A V Hunter Trust Incorporated Glendale, CO PURPOSE: GENERAL OPERATING | $15,000 |
Western Colorado Community Foundation Inc Grand Junction, CO PURPOSE: FOOD, NUTRITION | $11,317 |
Edmund T & Eleanor Quick Foundation Inc Denver, CO PURPOSE: PROGRAM SUPPORT | $5,000 |
Donald And Jenny Horn Foundation A Colorado Non Profit Corp Montrose, CO PURPOSE: DONATION | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Portable Practical Educational Preparation Inc Tucson, AZ | $20,477,573 | $94,704,086 |
Chicanos Por La Causa Inc Phoenix, AZ | $7,948,599,708 | $121,803,796 |
Community Action Project Of Tulsa County Inc Tulsa, OK | $75,774,694 | $60,674,476 |
Arizonas Children Association Tucson, AZ | $18,515,748 | $50,621,725 |
Arizona Community Action Association Inc Phoenix, AZ | $37,430,688 | $47,071,381 |
The 3000 Club Phoenix, AZ | $240,575 | $38,689,440 |
Catholic Charities And Community Services Of The Archdiocese Of Den Denver, CO | $31,204,493 | $39,103,634 |
Catholic Charities Community Services Inc Phoenix, AZ | $27,991,292 | $39,238,434 |
Ki Bois Community Action Foundation Inc Stigler, OK | $27,685,508 | $35,271,421 |
Catholic Community Services Of Southern Arizona Inc Tucson, AZ | $19,873,108 | $26,833,688 |
Resource Exchange Inc Colorado Springs, CO | $17,475,294 | $25,981,302 |
Little Dixie Community Action Agency Inc Hugo, OK | $19,268,264 | $22,456,976 |