Sharas Hope Inc

Nonprofit profile at a glance

EIN
823536868
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Louisville, KY, USA
Phone
5025992565
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Centers to Support the Independence of Specific Populations

Reported finances

Revenue
$90,000
Expenses
$89,850
Assets
$4,828
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • SHERLEEN SISNEY (PRESIDENT)
  • LESLIE TAYLOR (VICE PRESIDENT)

People named in this filing

  • SHERLEEN SISNEY (PRESIDENT)
  • LESLIE TAYLOR (VICE PRESIDENT)
  • VICTORIA BUSTER (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Shara's hope, through the use of innovative assessment tools, helps children and their familiies better understand their thinking strategies, operating styles and leadership potential in order to gain a deeper understanding of their strengths and abilities so that they are empowered to succeed in their life pursuits.

What it reported doing in 2025

Shara's hope employees and volunteers worked with nonprofit orgnizations in the louisville, ky area in order to assess participants to better understand each of their thinking strategies, operating styles and leadership potential. These assessments pinpointed their strengths and abilities. This knowledge and self-awareness empowered participants to translate this information into action for better results in school and in other life pursuits.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.8%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 0.2%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 9% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: -3% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -73.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 99.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $90K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.