Sharehouse Foundation

Nonprofit profile at a glance

EIN
831031984
IRS 990-EZ coverage
2020–2020
Forms available
Form 990 2019, Form 990-EZ 2020, Form 990-N 2018
Location
Prosser, WA, USA
Phone
5097816481
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$90,620
Expenses
$81,359
Assets
$40,366
Liabilities
$5,891

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • JASON GEENE (CHAIRMAN OF THE BOARD)
  • SEAN BRADLEY (VICE CHAIRMAN)
  • RYAN RUSSELL (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Encouraging and empowering prosser's youth

What it reported doing in 2020

Sharehouse encourages relationships through providing opportunities for teens and adult volunteers to engage in conversations with one another. There are games including ping pong, board games, card games, and video games to assist in growing the informal mentorship relationships. The goal is that teens would feel empowered to go and be a positive influence in their community. The cost of this program includes the occasional purchasing of new games, the time of the volunteers, and the cost to lease the space from the owner of the property.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. 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: 43
  • Growth: 60

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: 10.2%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 23.9% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 46.2% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.