Quick charity verification for Share Foundation Inc (EIN: 222506229)
Verdict: Share Foundation Inc shows mixed signals
65/100Mission Score
$227KRevenue
$152KAssets
3Red Flags
2Strengths
Red Flags
Revenue has shown a general decline from $179,532 in 2017 to $108,724 in 2024, indicating potential sustainability challenges.
Total assets have significantly decreased from $318,829 in 2022 to $179,363 in 2024, suggesting a depletion of reserves or significant asset sales.
The consistent reporting of 0% fundraising costs (c0%) across all years is unusual for a nonprofit and may indicate underreporting or miscategorization of fundraising activities.
Strengths
The organization has consistently maintained a presence and operations over the past seven years, as evidenced by annual filings.
The organization reports no lobbying expenses, suggesting a focus on direct service rather than political advocacy.
AI Transparency Report
Share Foundation Inc is a unknown nonprofit based in New Bedford, Massachusetts, with reported revenue of $227K and assets of $152K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation cannot be assessed as the provided data does not include specific figures for executive salaries. Revenue has declined -54% across 14 filing periods.