Neighborshare Llc
- Assets
- $509.0k
- Revenue
- $851.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Redding, CT
- Founding
- Data as of
- 12/2023
- EIN
- 85-0811667
Organization Overview
Neighborshare Llc is located in Redding, CT. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Neighborshare Llc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neighborshare Llc 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, Neighborshare Llc generated $851.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $593.6k 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
NEIGHBORSHARE PARTNERS WITH LOCAL NONPROFITS ACROSS THE COUNTRY TO MEET HOUSEHOLDS PIVOTAL NEEDS LIKE AN UNEXPECTED CAR REPAIR A MEDICAL BILL A JOB CERTIFICATION ETC. THAT WOULD OTHERWISE GO UNMET. NEIGHBORSHARE EMPOWERS FRONTLINE NONPROFIT PARTNERS BY MATCHING REAL COMMUNITY NEEDS WITH DONORS WHO CAN HELP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEIGHBORSHARES CORE MODEL SOURCES AND FULFILLS UNMET HOUSEHOLD NEEDS. WE PARTNER WITH VETTED NONPROFITS WHERE FRONTLINE WORKERS IDENTIFY PIVOTAL ISSUES LIKE UNEXPECTED CAR REPAIRS JOB CERTIFICATIONS OR MOVING COSTS TO LEAVE AN ABUSER. PARTNERS UPLOAD THESE NEEDS TO THE NEIGHBORSHARE PLATFORM WHERE OUR GROWING COMMUNITY OF DONORS IS WAITING TO MEET THE NEED QUICKLY EFFECTIVELY REMOVING THE RED TAPE TO ACCESSING JUST-IN-TIME HELP ENSURING CONTRIBUTIONS DIRECTLY REACH THOSE IN NEED AND HELP FAMILIES STAY ON TRACK. RELATIVELY SMALL NEEDS LIKE A $350 CAR REPAIR A $150 PROFESSIONAL CERTIFICATION OR $400 IN MOVING COSTS TO LEAVE AN ABUSER ARE CREATING PREVENTABLE CRISIS SPIRALS WHEN UNMET. NEIGHBORSHARES WORK TO ENGAGE EVERYDAY CITIZENS TO HELP THEIR NEIGHBORS IS PROVIDING HOPE FOR SO MANY WHILE STRENGTHENING THE FABRIC OF COMMUNITY. NEIGHBORSHARE HAS DISTRIBUTED OVER $1,000,000 TO OVER 10,000 NEIGHBORS. IN 2023 NEIGHBORSHARE DISTRIBUTED $228,315 SUPPORTING OVER 2,650 NEIGHBORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oliver Nisenson Director | Trustee | 1 | $0 |
Brian Gallagher Director | Trustee | 1 | $0 |
Chris Van Woeart Director | Trustee | 1 | $0 |
Brian Kreiter Director Board Chair | Trustee | 1 | $0 |
Emily Whittaker Director | Trustee | 1 | $0 |
Diana Zhang Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $555 |
| Membership dues | $0 |
| Fundraising events | $106,475 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $682,955 |
| Noncash contributions included in lines 1a–1f | $87,416 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $789,985 |
| Total Program Service Revenue | $0 |
| 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 | $61,674 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $851,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $228,315 |
| 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. | $175,000 |
| Compensation of current officers, directors, key employees. | $17,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,000 |
| Pension plan accruals and contributions | $7,000 |
| Other employee benefits | $655 |
| Payroll taxes | $16,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,187 |
| Office expenses | $2,008 |
| Information technology | $10,390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,161 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,595 |
| All other expenses | $0 |
| Total functional expenses | $593,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $47,000 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $581 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $508,999 |
| Accounts payable and accrued expenses | $7,276 |
| 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 | $6,764 |
| Total liabilities | $14,040 |
| Net assets without donor restrictions | $187,325 |
| Net assets with donor restrictions | $307,634 |
| 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 | $508,999 |