Share Capital Foundation

Nonprofit profile at a glance

EIN
800310866
IRS 990-EZ coverage
2011–2013
Forms available
Form 990 2010, Form 990-EZ 2013
Location
Montour Falls, NY, USA
Phone
6075942276
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Corporate Foundations

Reported finances

Revenue
$6,652
Expenses
$22,434
Assets
$200,593
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Jeffrey A Snider (Chairman)
  • Valerie A Snider (Director)
  • Peter L Beard (Clerk)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education focusing on understanding how poverty reduction and social improvement connect to the nature and function of capital markets and socially responsible investing. Consultancy services (pro bono) to nonprofits and internships extend the educational and knowledge agenda. Grant making considers organizations or social entrepreneurs whose impact on beneficiaries is leveraged, measurable, and transformative.

What it reported doing in 2013

Share-Capital made a cash grant to the Free Wheelchair Mission in the amount of $6,349.00 in 2011. The Free Wheelchair Mission provides wheelchairs to the non-ambulatory worldwide. Share-Capital deems the impact of providing mobility to the non-ambulatory a demonstration of transformative capital. Throughout 2011 Share-Capital used the work of the Free Wheelchair Mission to illustrate this principle. As a result of Share-Capital's advocacy, private gifts to the Free Wheelchair Mission equaled or exceed the grant provided by Share-Capital. The combined impact represented the distribution of 200 wheelchairs according to statements provided by Free Wheelchair Mission.

Operating model

Revenue model
Investment-supported. 89% of the money available for current operations came from recurring investment income.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

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: -237.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 8.94; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -95.8% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: -7.2% per year; rating input score 0; 29th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 10 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2011 to 2013
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.