Sharing Resources Worldwide Inc

Sharing Resources Worldwide Inc operates with no officer compensation, experiencing fluctuating revenues and occasional deficits.

EIN: 202702372 · Monona, WI · NTEE: Q33 · Updated: 2026-03-28

$185KRevenue

$116KAssets

75/100Mission Score (Good)

Q33

About Sharing Resources Worldwide Inc

Sharing Resources Worldwide Inc (EIN: 202702372) is a nonprofit organization based in Monona, WI, classified under NTEE code Q33. The organization reported total revenue of $185K and total assets of $116K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharing Resources Worldwide Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sharing Resources Worldwide Inc has demonstrated consistent financial activity over the past decade, with revenues fluctuating but generally staying within the $30,000 to $140,000 range. The organization's latest filing (202312) shows expenses exceeding revenue ($127,487 vs. $93,260), resulting in a net deficit for the period. This trend of expenses occasionally surpassing revenue is observed in several past years (e.g., 202212, 201712, 201612, 201412), indicating a need for careful financial management to ensure long-term sustainability. Despite these fluctuations, the organization has maintained a healthy asset base, with assets of $141,958 in the latest period, significantly exceeding liabilities of $34,744.

The organization's spending efficiency appears to be strong in terms of executive compensation, as officer compensation has consistently been reported as 0% across all available filings. This suggests that resources are not being diverted to high executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is limited. The consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory compliance and basic financial transparency.

Overall, Sharing Resources Worldwide Inc appears to be a lean operation, focused on its mission without significant overhead in executive pay. While revenue generation can be inconsistent, the organization has managed to maintain a positive net asset position. Further detail on program spending versus administrative and fundraising costs would provide a more complete picture of its operational efficiency and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sharing Resources Worldwide Inc 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Sharing Resources Worldwide Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available IRS 990 filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with latest revenue of $93,260.

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 Sharing Resources Worldwide Inc's IRS 990 filings:

Expenses frequently exceed revenue (e.g., $127,487 expenses vs. $93,260 revenue in 202312), indicating potential operational deficits.
Significant fluctuation in annual revenue, making financial planning and stability challenging.

Strengths

The following positive indicators were identified for Sharing Resources Worldwide Inc:

Consistent 0% officer compensation, demonstrating a highly efficient use of funds for leadership.
Maintained a positive net asset position ($141,958 assets vs. $34,744 liabilities in 202312) despite revenue fluctuations.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.

Frequently Asked Questions about Sharing Resources Worldwide Inc

Is Sharing Resources Worldwide Inc financially sustainable given recurring deficits?

The organization has experienced deficits in multiple years (e.g., 202312, 202212, 201712), but has maintained a positive net asset position, suggesting it can absorb these shortfalls. However, consistent deficits could impact long-term sustainability if not addressed.

How does Sharing Resources Worldwide Inc fund its operations without officer compensation?

The consistent 0% officer compensation suggests a volunteer-driven leadership model, allowing more funds to be directed towards programs and operational costs supported by donations and other revenue streams.

What is the primary source of revenue for Sharing Resources Worldwide Inc?

While the specific breakdown isn't provided, the fluctuating revenue figures suggest reliance on donations, grants, or specific project funding, rather than a consistent earned income stream.

Filing History

IRS 990 filing history for Sharing Resources Worldwide Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sharing Resources Worldwide Inc's revenue has grown by 3%, moving from $91K to $93K. Total assets increased by 110% over the same period, from $68K to $142K. Total functional expenses rose by 75.1%, from $73K to $127K. In its most recent filing year (2023), Sharing Resources Worldwide Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $35K in liabilities against $142K in assets (debt-to-asset ratio: 24.5%), resulting in net assets of $107K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$93K	$127K	$142K	$35K	—	View 990
2022	$32K	$63K	$140K	$8K	—	View 990
2021	$42K	$41K	$165K	$1K	—	View 990
2020	$58K	$57K	$165K	$786	—	—
2019	$141K	$140K	$164K	$488	—	View 990
2018	$140K	$114K	$163K	$408	—	View 990
2017	$106K	$137K	$138K	$1K	—	View 990
2016	$129K	$138K	$172K	$4K	—	View 990
2015	$143K	$100K	$181K	$4K	—	View 990
2014	$89K	$102K	$140K	$6K	—	View 990
2013	$130K	$73K	$149K	$2K	—	View 990
2012	$87K	$64K	$92K	$976	—	View 990
2011	$91K	$73K	$68K	$124	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $93K, expenses of $127K, and assets of $142K (revenue +194.9% year-over-year).
2022: Revenue of $32K, expenses of $63K, and assets of $140K (revenue -24.0% year-over-year).
2021: Revenue of $42K, expenses of $41K, and assets of $165K (revenue -28.1% year-over-year).
2020: Revenue of $58K, expenses of $57K, and assets of $165K (revenue -58.9% year-over-year).
2019: Revenue of $141K, expenses of $140K, and assets of $164K (revenue +0.8% year-over-year).
2018: Revenue of $140K, expenses of $114K, and assets of $163K (revenue +31.6% year-over-year).
2017: Revenue of $106K, expenses of $137K, and assets of $138K (revenue -17.6% year-over-year).
2016: Revenue of $129K, expenses of $138K, and assets of $172K (revenue -9.9% year-over-year).
2015: Revenue of $143K, expenses of $100K, and assets of $181K (revenue +60.9% year-over-year).
2014: Revenue of $89K, expenses of $102K, and assets of $140K (revenue -31.7% year-over-year).
2013: Revenue of $130K, expenses of $73K, and assets of $149K (revenue +48.9% year-over-year).
2012: Revenue of $87K, expenses of $64K, and assets of $92K (revenue -3.5% year-over-year).
2011: Revenue of $91K, expenses of $73K, and assets of $68K.

Data Sources and Methodology

This transparency report for Sharing Resources Worldwide 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.