The Share Foundation
The Share Foundation shows extreme financial volatility with inconsistent revenue and asset levels over the past decade.
EIN: 204021570 · Southfield, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $525K |
| Total Expenses | $176K |
| Program Spending | 80% |
| Net Assets | $2K |
| Transparency Score | 55/100 |
Is The Share Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Share Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Share Foundation
The Share Foundation (EIN: 204021570) is a nonprofit organization based in Southfield, MI, classified under NTEE code T20. The organization reported total revenue of $525K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Share Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Share Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $176K |
| Surplus / Deficit | +$34K |
| Total Assets | $2K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: A
In 2023, The Share Foundation reported a surplus of $34K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Share Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -103.8% | +22.9% | -97.2% |
| 2021 | +26.9% | +36.0% | +95.9% |
| 2020 | +162.9% | -53.1% | +341.2% |
| 2019 | +120.6% | +13.4% | -96.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Share Foundation with a Mission Score of 55 out of 100 (Fair). 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: 80%
- fundraising: 10%
According to IRS 990 filings, The Share Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for minimizing administrative costs relative to the organization's size and revenue fluctuations.
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 The Share Foundation's IRS 990 filings:
- 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.
Strengths
The following positive indicators were identified for The Share Foundation:
- Consistently reports 0% officer compensation, indicating strong control over executive overhead.
- Maintains minimal liabilities across all reported periods, suggesting good debt management.
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) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does The Share Foundation spend its money?
The Share Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Share Foundation tax-deductible?
The Share Foundation is registered as a tax-exempt nonprofit (EIN: 204021570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Share Foundation's spending goes to programs?
The Share Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Share Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The Share Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Share Foundation located?
The Share Foundation is headquartered in Southfield, Michigan and files with the IRS under EIN 204021570. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Share Foundation have?
The Share Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $525K in total revenue.
What caused the significant negative revenue in 2022 ($-52,827) and the subsequent large expense of $619,929?
The provided data does not specify the reason for the negative revenue or the high expenses in 2022. This could indicate a return of funds, significant investment losses, or an accounting adjustment, which would require further investigation into the full IRS Form 990.
Why have the organization's assets decreased so dramatically from nearly $3 million in 2013 to just $2,413 in 2023?
The drastic reduction in assets suggests either significant spending down of reserves, substantial losses on investments, or a major change in the organization's operational model or asset management strategy. This trend warrants a deeper look into the organization's balance sheets over these periods.
How does The Share Foundation manage its programs given such inconsistent revenue streams?
The extreme revenue volatility implies that program delivery might be inconsistent or heavily reliant on unpredictable funding cycles or prior year surpluses. A detailed program report would be necessary to understand how they maintain operations amidst these financial swings.
Filing History
IRS 990 filing history for The Share Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Share Foundation's revenue has grown by 85.5%, moving from $113K to $209K. Total assets decreased by 99.9% over the same period, from $2.9M to $2K. Total functional expenses fell by 54.6%, from $388K to $176K. In its most recent filing year (2023), The Share Foundation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $176K | $2K | $1 | — | View 990 |
| 2022 | $-52,827 | $620K | $19K | $1 | — | View 990 |
| 2021 | $1.4M | $504K | $691K | $1 | — | View 990 |
| 2020 | $1.1M | $371K | $353K | $1 | — | View 990 |
| 2019 | $416K | $791K | $80K | $0 | — | View 990 |
| 2015 | $188K | $698K | $2.1M | $0 | — | View 990 |
| 2014 | $264K | $632K | $2.6M | $1 | — | View 990 |
| 2013 | $930K | $678K | $3.0M | $1 | — | View 990 |
| 2012 | $205K | $394K | $2.7M | $1 | — | View 990 |
| 2011 | $113K | $388K | $2.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $176K, and assets of $2K.
- 2022: Revenue of $-52,827, expenses of $620K, and assets of $19K (revenue -103.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $504K, and assets of $691K (revenue +26.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $371K, and assets of $353K (revenue +162.9% year-over-year).
- 2019: Revenue of $416K, expenses of $791K, and assets of $80K (revenue +120.6% year-over-year).
- 2015: Revenue of $188K, expenses of $698K, and assets of $2.1M (revenue -28.7% year-over-year).
- 2014: Revenue of $264K, expenses of $632K, and assets of $2.6M (revenue -71.6% year-over-year).
- 2013: Revenue of $930K, expenses of $678K, and assets of $3.0M (revenue +353.4% year-over-year).
- 2012: Revenue of $205K, expenses of $394K, and assets of $2.7M (revenue +81.7% year-over-year).
- 2011: Revenue of $113K, expenses of $388K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Share Foundation:
Data Sources and Methodology
This transparency report for The Share Foundation 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.