Is The Share Foundation Legit?

Red Flags

Extreme revenue volatility, including negative revenue in 2022.
Significant and consistent decline in assets from $2.9 million in 2013 to $2,413 in 2023.
Expenses frequently exceeding revenue in multiple years (e.g., 2022, 2019, 2015, 2014, 2012, 2011), indicating potential reliance on depleting reserves.
Lack of detailed functional expense breakdown in the provided summary data, limiting full spending efficiency analysis.

Spending Breakdown

How The Share Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about The Share Foundation

Is The Share Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Share Foundation (EIN: 204021570) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

Is The Share Foundation a good charity to donate to?

The Share Foundation has a Mission Score of 55/100. Revenue: $525K. Assets: $117K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Share Foundation?

The Employer Identification Number (EIN) for The Share Foundation is 204021570. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does The Share Foundation spend its money?

The Share Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Share Foundation's tax-exempt status?

You can verify The Share Foundation's tax-exempt status using EIN 204021570 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Share Foundation exhibits highly volatile financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, revenue swung from a negative $52,827 in 2022 to $1,386,968 in 2021. This inconsistency makes long-term financial planning and stability a concern. While the organization consistently reports minimal liabilities, indicating good fiscal management in that area, the dramatic shifts in assets, from a high of $2,989,751 in 2013 to a low of $2,413 in 2023, raise questions about asset management and the sustainability of its operations.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the organization's expenses frequently exceed its revenue in several years (e.g., 2022, 2019, 2015, 2014, 2012, 2011), suggesting a reliance on prior year reserves or other funding sources that are not consistently replenished. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead in that specific area, which is a positive sign for donor confidence. However, the overall financial instability overshadows this positive aspect.

Transparency regarding executive compensation is excellent, with 0% reported officer compensation in all available filings. However, the lack of detailed functional expense breakdowns (program, administrative, fundraising) in the provided data limits a comprehensive assessment of spending efficiency. The extreme volatility in revenue and assets over the years suggests potential challenges in consistent financial reporting or significant operational changes that are not immediately clear from the summary data. Donors would benefit from more detailed explanations of these financial swings.

Verdict: The Share Foundation shows mixed signals