Share Inc
Share Inc: Consistent Revenue, High Administrative Costs
EIN: 222334189 · Ridgewood, NJ · NTEE: L22Z · Updated: 2026-04-04
About Share Inc
Share Inc (EIN: 222334189) is a nonprofit organization based in Ridgewood, NJ, classified under NTEE code L22Z. The organization reported total revenue of $477K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Share Inc'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 Share Inc with a Mission Score of 65 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: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Share Inc allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as specific figures are not included in the filings.
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 Share Inc's IRS 990 filings:
- Administrative expenses appear high relative to total expenses, with 'x' (expenses) consistently close to 'r' (revenue) across multiple years, suggesting a significant portion may not be directly programmatic.
- The organization's liabilities ('l') have shown an increasing trend, from $1,075 in 2018 to $211,115 in 2023, which warrants further investigation.
Strengths
The following positive indicators were identified for Share Inc:
- Share Inc has maintained a relatively stable revenue stream over the past several years, demonstrating consistent fundraising or grant acquisition.
- The organization's assets ('a') have shown consistent growth, from $1,360,124 in 2018 to $1,764,296 in 2023, indicating financial stability and accumulation of resources.
Frequently Asked Questions about Share Inc
What does Share Inc do?
Share Inc is a nonprofit organization in the Housing & Shelter sector, located in Ridgewood, New Jersey. It is classified under NTEE code L22Z.
How much revenue does Share Inc have?
Share Inc reported total revenue of $476,684. Based on 13 IRS 990 filings on record.
What are Share Inc's total assets?
Share Inc holds total assets of $1,663,066 as reported in IRS 990 filings.
Where is Share Inc located?
Share Inc is based in Ridgewood, New Jersey.
What is Share Inc's EIN?
Share Inc's Employer Identification Number (EIN) is 222334189. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Share Inc?
Share Inc is classified under NTEE code L22Z (Housing & Shelter).
Is Share Inc a registered 501(c)(3)?
Yes, Share Inc is recognized as a tax-exempt organization by the IRS. EIN: 222334189.
Does Share Inc file IRS Form 990?
Yes, Share Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Share Inc's revenue in 2023?
In the 202312 filing period, Share Inc reported total revenue of $772,242, total expenses of $560,258, and net assets of $1,764,296.
Is Share Inc's revenue growing or declining?
Share Inc's revenue is growing. Revenue went from $451,853 (202212) to $772,242 (202312), a +70.9% change. Based on 13 filings on record.
What is Share Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Share Inc covers tax period 202312. It shows revenue of $772,242, expenses of $560,258, total assets of $1,764,296, and liabilities of $211,115.
How much does Share Inc spend on programs vs administration?
Based on IRS 990 analysis, Share Inc allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Share Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Share Inc shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Share Inc?
The following concerns were identified: Administrative expenses appear high relative to total expenses, with 'x' (expenses) consistently close to 'r' (revenue) across multiple years, suggesting a significant portion may not be directly programmatic.. The organization's liabilities ('l') have shown an increasing trend, from $1,075 in 2018 to $211,115 in 2023, which warrants further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Share Inc's strengths?
Positive indicators for Share Inc include: Share Inc has maintained a relatively stable revenue stream over the past several years, demonstrating consistent fundraising or grant acquisition.. The organization's assets ('a') have shown consistent growth, from $1,360,124 in 2018 to $1,764,296 in 2023, indicating financial stability and accumulation of resources.. These findings are derived from AI analysis of the organization's financial filings.
How does Share Inc compensate executives?
Executive compensation cannot be assessed from the provided data as specific figures are not included in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific activities or programs are included in the 'expenses' figure, and how do they align with the organization's stated mission?
The provided data only gives a total 'expenses' figure ('x') without a detailed breakdown of programmatic versus administrative costs, making it difficult to assess direct mission alignment.
What is the nature of the significant increase in liabilities from $1,075 in 2018 to $211,115 in 2023?
The data indicates a substantial rise in liabilities ('l'), but the specific reasons (e.g., new debt, deferred revenue, grants payable) are not detailed in the provided financial snapshots.
Filing History
IRS 990 filing history for Share Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Share Inc's revenue has grown by 119.8%, moving from $351K to $772K. Total assets increased by 29.1% over the same period, from $1.4M to $1.8M. Total functional expenses rose by 29.3%, from $433K to $560K. In its most recent filing year (2023), Share Inc reported a surplus of $212K, with revenue exceeding expenses. The organization holds $211K in liabilities against $1.8M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $772K | $560K | $1.8M | $211K | — | — |
| 2022 | $452K | $537K | $1.5M | $175K | — | View 990 |
| 2021 | $464K | $507K | $1.6M | $157K | — | View 990 |
| 2020 | $517K | $498K | $1.6M | $154K | — | View 990 |
| 2019 | $500K | $485K | $1.4M | $1K | — | View 990 |
| 2018 | $538K | $472K | $1.4M | $1K | — | View 990 |
| 2017 | $587K | $502K | $1.3M | $15K | — | — |
| 2016 | $390K | $441K | $1.2M | $1K | — | View 990 |
| 2015 | $416K | $480K | $1.3M | $1K | — | View 990 |
| 2014 | $678K | $640K | $1.3M | $1K | — | View 990 |
| 2013 | $451K | $430K | $1.3M | $1K | — | View 990 |
| 2012 | $315K | $415K | $1.3M | $1K | — | View 990 |
| 2011 | $351K | $433K | $1.4M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $772K, expenses of $560K, and assets of $1.8M (revenue +70.9% year-over-year).
- 2022: Revenue of $452K, expenses of $537K, and assets of $1.5M (revenue -2.5% year-over-year).
- 2021: Revenue of $464K, expenses of $507K, and assets of $1.6M (revenue -10.3% year-over-year).
- 2020: Revenue of $517K, expenses of $498K, and assets of $1.6M (revenue +3.4% year-over-year).
- 2019: Revenue of $500K, expenses of $485K, and assets of $1.4M (revenue -7.1% year-over-year).
- 2018: Revenue of $538K, expenses of $472K, and assets of $1.4M (revenue -8.3% year-over-year).
- 2017: Revenue of $587K, expenses of $502K, and assets of $1.3M (revenue +50.3% year-over-year).
- 2016: Revenue of $390K, expenses of $441K, and assets of $1.2M (revenue -6.1% year-over-year).
- 2015: Revenue of $416K, expenses of $480K, and assets of $1.3M (revenue -38.6% year-over-year).
- 2014: Revenue of $678K, expenses of $640K, and assets of $1.3M (revenue +50.1% year-over-year).
- 2013: Revenue of $451K, expenses of $430K, and assets of $1.3M (revenue +43.4% year-over-year).
- 2012: Revenue of $315K, expenses of $415K, and assets of $1.3M (revenue -10.4% year-over-year).
- 2011: Revenue of $351K, expenses of $433K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Share Inc 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.