Sharing Network Management Co Inc

Nonprofit profile at a glance

EIN
202737498
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New Providence, NJ, USA
Phone
9085165697
Rating confidence
Limited
Sector
Single Organization Support

Official website

Reported finances

Revenue
$0
Expenses
$12
Assets
$1,735
Liabilities
$2,220

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • CAROLYN WELSH (PRESIDENT & CEO)

Highest reported compensation

  • CAROLYN WELSH (PRESIDENT & CEO): $704,700 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of the organization is to act as an integral part of and support the primary tax-exempt purposes, programs and services of the nj organ & tissue sharing network, inc. ("njotsn"); an organization recognized by the IRS as tax-exempt under internal revenue code section 501(c)(3). In addition, the organization is the sole member of njotsn, the sharing network foundation, inc. ("foundation"); an organization recognized by the IRS as tax exempt under internal revenue code section 501(c)(3) and personalized transplant medicine institute, inc. ("ptmi"); an organization recognized by the IRS as tax exempt under internal revenue code section 501(c)(3). The specific purposes for which the organization was created include (1) to support and promote the donation of organs and tissues for transplantation, therapy, research and education; and (2) to support njotsn by assisting and providing essential services to njotsn and other organizations recognized by the IRS as tax-exempt un

What it reported doing in 2024

Expenses incurred in acting as an integral part of and supporting the primary tax-exempt purposes, programs and services of the nj organ & tissue sharing network, inc. ("njotsn"); an organization recognized by the IRS as tax-exempt under internal revenue code section 501(c)(3). In addition, the organization is the sole member of njotsn, the sharing network foundation, inc. ("foundation"); an organization recognized by the IRS as tax exempt under internal revenue code section 501(c)(3) and personalized transplant medicine institute, inc. ("ptmi"); an organization recognized by the IRS as tax exempt under internal revenue code section 501(c)(3). The specific purposes for which the organization was created include (1) to support and promote the donation of organs and tissues for transplantation, therapy, research and education; and (2) to support njotsn by assisting and providing essential services to njotsn and other organizations recognized by the IRS as tax-exempt under internal revenue code section 501(c)(3) solely if they are operated, supervised or controlled by or in connection with njotsn, such as the foundation, ptmi, or their successors.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 71
  • Accountability: 95
  • Sustainability: 29
  • Growth: 20

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 18th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 144.58; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 1.28; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 802,316.7%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: 83.8% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $705K · 13 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • 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: Program expense ratio scored 0/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.