New Caring & Sharing
New Caring & Sharing faces recent operational deficits despite substantial assets and no reported officer compensation.
EIN: 200873516 · Salida, CO · NTEE: P60 · Updated: 2026-03-28
Is New Caring & Sharing Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Caring & Sharing directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Caring & Sharing
New Caring & Sharing (EIN: 200873516) is a nonprofit organization based in Salida, CO, classified under NTEE code P60. The organization reported total revenue of $348K and total assets of $919K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Caring & Sharing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Caring & Sharing with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New Caring & Sharing allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
New Caring & Sharing consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which is highly favorable for minimizing overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New Caring & Sharing's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $19,121 in 2023, $125,170 in 2022) suggest potential sustainability challenges if not addressed.
- Significant drop in revenue from $507,950 in 2021 to $297,261 in 2023, while expenses remained relatively high.
Strengths
The following positive indicators were identified for New Caring & Sharing:
- Zero reported officer compensation across all 13 filings, indicating efficient use of funds at the executive level.
- Strong and consistent asset base, providing financial stability and reserves (e.g., $921,881 in 2023).
- Long operational history with 13 IRS 990 filings, demonstrating established presence and compliance.
- Decreasing trend in liabilities from $577,017 in 2017 to $476,346 in 2023.
Frequently Asked Questions about New Caring & Sharing
Is New Caring & Sharing a legitimate charity?
Based on AI analysis of IRS 990 filings, New Caring & Sharing (EIN: 200873516) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does New Caring & Sharing spend its money?
New Caring & Sharing directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Caring & Sharing tax-deductible?
New Caring & Sharing is registered as a tax-exempt nonprofit (EIN: 200873516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New Caring & Sharing a good charity?
New Caring & Sharing demonstrates a long operational history and strong asset base ($921,881 in 2023). The absence of reported officer compensation is a significant positive. However, recent operational deficits (e.g., $19,121 in 2023 and $125,170 in 2022) warrant closer examination of expense management and funding sustainability.
How has New Caring & Sharing's financial health changed over time?
While the organization maintained a strong asset base, its financial performance has fluctuated. It experienced surpluses in 2021 ($105,178) and 2017 ($38,821) but incurred significant deficits in 2022 ($125,170) and 2023 ($19,121), indicating a recent trend of expenses exceeding revenue.
What is the trend in New Caring & Sharing's assets and liabilities?
Assets have generally been robust, peaking at $1,113,737 in 2021 and remaining strong at $921,881 in 2023. Liabilities have shown a decreasing trend from a high of $577,017 in 2017 to $476,346 in 2023, which is a positive sign for financial stability.
Filing History
IRS 990 filing history for New Caring & Sharing showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Caring & Sharing's revenue has grown by 66.8%, moving from $178K to $297K. Total assets increased by 54.9% over the same period, from $595K to $922K. Total functional expenses rose by 89.2%, from $167K to $316K. In its most recent filing year (2023), New Caring & Sharing reported a deficit of $19K, with expenses exceeding revenue. The organization holds $476K in liabilities against $922K in assets (debt-to-asset ratio: 51.7%), resulting in net assets of $446K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $316K | $922K | $476K | — | — |
| 2022 | $443K | $568K | $967K | $503K | — | View 990 |
| 2021 | $508K | $403K | $1.1M | $524K | — | View 990 |
| 2020 | $312K | $320K | $1.0M | $538K | — | View 990 |
| 2019 | $360K | $347K | $1.0M | $547K | — | View 990 |
| 2018 | $263K | $274K | $1.0M | $560K | — | View 990 |
| 2017 | $295K | $256K | $1.1M | $577K | — | View 990 |
| 2016 | $273K | $258K | $548K | $94K | — | View 990 |
| 2015 | $302K | $263K | $581K | $142K | — | View 990 |
| 2014 | $318K | $278K | $585K | $191K | — | View 990 |
| 2013 | $265K | $246K | $586K | $227K | — | View 990 |
| 2012 | $210K | $177K | $600K | $259K | — | View 990 |
| 2011 | $178K | $167K | $595K | $287K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $316K, and assets of $922K (revenue -32.8% year-over-year).
- 2022: Revenue of $443K, expenses of $568K, and assets of $967K (revenue -12.9% year-over-year).
- 2021: Revenue of $508K, expenses of $403K, and assets of $1.1M (revenue +62.7% year-over-year).
- 2020: Revenue of $312K, expenses of $320K, and assets of $1.0M (revenue -13.3% year-over-year).
- 2019: Revenue of $360K, expenses of $347K, and assets of $1.0M (revenue +37.1% year-over-year).
- 2018: Revenue of $263K, expenses of $274K, and assets of $1.0M (revenue -11.0% year-over-year).
- 2017: Revenue of $295K, expenses of $256K, and assets of $1.1M (revenue +8.1% year-over-year).
- 2016: Revenue of $273K, expenses of $258K, and assets of $548K (revenue -9.5% year-over-year).
- 2015: Revenue of $302K, expenses of $263K, and assets of $581K (revenue -5.2% year-over-year).
- 2014: Revenue of $318K, expenses of $278K, and assets of $585K (revenue +20.2% year-over-year).
- 2013: Revenue of $265K, expenses of $246K, and assets of $586K (revenue +25.8% year-over-year).
- 2012: Revenue of $210K, expenses of $177K, and assets of $600K (revenue +18.1% year-over-year).
- 2011: Revenue of $178K, expenses of $167K, and assets of $595K.
Data Sources and Methodology
This transparency report for New Caring & Sharing is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.