Share Fund Inc

What it reported doing in 2025

The share fund provides various types of material and financial support to neighbors in need to address basic needs during emergencies/times of severe hardship. Share fund inc. Assists with the basic needs of food, shelter, and clothing through three distinct programs. (1) (gerry's emergency) food pantry provides free food resources to families in rochester, east rochester, barrington, gonic, milton, farmington, and somersworth, nh to prevent/alleviate hunger. In 2025, the pantry had 9,606 visits for food; 17,600 individuals benefited from our food pantry services which distributed over 381,000 pounds of food. Our community diaper bank distributed free diapers to low-income families through the food pantry and partnerships with local resources such as headstart. Nearly 99,580 diapers were distributed to children and adults in need. Due to increases in housing and grocery costs, as well as energy prices, we have seen an increase in the number of food requests versus prior years. We partnered once again with local farmers providing hundreds of farm-fresh products to our families right through the fall. We also partnered with supporting local homeless shelter sharing food and other resources. We were fortunate to obtain funds to purchase a new delivery van.(2) emergency financial assistance provides financial help with shelter and expenses to ensure healthy homes for residents of rochester, east rochester, barrington, gonic, farmington, milton, wakefield and somersworth nh. Specific services include payments to landlords for back rent to avoid eviction and security deposit assistance to secure housing. In addition, payments to utility vendors are made for help with electricity, gas, and water to prevent disconnection and payments to heating fuel vendors to provide heat and/or hot water for households who have exhausted all other benefits and resources for fuel assistance. Urgent medical needs are also addressed through this program and families in need are assisted with emergency dental/eye care, medication, and needed medical services and equipment. We suspended our auto-repair assistance as the costs were often beyond our scope and decided to refocus on shelter as our primary emergency financial support service. In 2025, we served nearly 250 households by distributing some $123,000 in financial assistance. This program also provides support services to help households improve their financial outlook which includes stabilization services, budgeting guidance, financial coaching, and other support to encourage long-term changes in financial management habits. (3) the share fund thrift store (aka community clothing shop) offers free shopping for families in need . Families who qualify through a simple "validation referral system" (working with other area resource providers as well as through internal referral from our other programs) may obtain needed clothing, shoes, and accessories for adults and children, as well as small household goods. About 65% of all donations received go out the door as part of our "free-shopping" visits. The thrift store is also open to the public seeking an affordable shopping destination and proceeds from those sales generate income to support the share fund's services and overall operations.

Financial Efficiency

• Mission deployment rate: 75.6%; rating input score 76
• Program expense ratio: 86.9%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 25.8%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 1.5; rating input score 52; 52nd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
• Officer compensation ratio: 23.6%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 12.5% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 9% per year; rating input score 100; 66th percentile among comparable filings
• Asset growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings