Share Help Empower Network Inc Aka She Network Inc

Nonprofit profile at a glance

EIN
264369238
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
Marblehead, MA, USA
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Womens' Centers

Reported finances

Revenue
$200
Expenses
$6,378
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Fiona Minney (President)

People named in this filing

  • Fiona Minney (President)
  • Jennifer Lunt (Secretary)
  • Loren Weston (Client Director)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Share Help Empower Network Inc aka SHE Network, is a non-profit organization based on Boston's North Shore that provides community-based assistance for women in need, through a network of volunteer services. The corporation is committed to strengthening the spirit of women through organized support and random acts of kindness. SHE Network offers services to women who are currently facing difficulty in their lives and are already making sufficient efforts to improve their situation. In 2022, SHE Network assisted clients with services including emotional support and counseling, referrals to local agencies, financial assistance including utility, pharmacy, groceries, store gift cards and holiday gifts.

What it reported doing in 2022

Assistance to clients for utilities groceries, housing etc

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 47%; rating input score 47

Transparency & Controls

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

Sustainability

  • Operating margin: -3,089%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -47.9% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -158.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 47% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $3K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • 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.

  • Moderate — Financial Efficiency: Program expense ratio scored 47/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.