The Sharing Center

What it reported doing in 2024

The christian sharing center (dba, the sharing center) provides social services to individuals and families in need through 5 main avenues:1) family support program: helping families and individuals with urgently needed financial assistance to prevent homelessness.2) the pantry: the sharing center's pantry is the largest free food source in seminole county. Each family receives a months worth of hand-selected, nutritious groceries.3) projectrise: a 5-week workforce development program helping families and individuals navigate employment and housing for long-term stability.4) oasis: our respite for those experiencing homelessness, where we provide showers and laundry and other essential goods and services.5) mental health - our support for any client of our other four programs may see our licensed mental health provider free of charge.located in longwood, fl, our services reach over 12,300 individuals who are experiencing food insecurity and poverty. In fiscal year, 2024-2025, the sharing center distributed 1,022,000 lbs of essential foods and shared $ 5.8 million worth of essential resources such as household goods, toiletries, and furniture.the sharing center is diversely funded by local and national companies, faith-based organizations, civic groups, and individuals as well as a multi-suite retail program helping raise over $ 7.9 million to support our mission. In partnership with local nonprofit agencies, the sharing center is able to provide free extended resources, including mental health counseling, legal aid, and employment counseling to our neighbors in need.in 2011, the sharing center opened and continues to operate seminole county's only resource drop-in center for our homeless neighbors, the oasis. This facility is a place of respite where our homeless neighbors can receive warm meals, new and cleaned clothing, refreshing showers, and a caring hand leading them back to stability. Last fiscal year, the oasis was visited several times by many individuals experiencing homelessness.nearly 3,033 volunteers served 60,531 hours last fiscal year. The sharing center's workforce are dedicated volunteers who give $ 1.9 million worth of their time.the sharing center's board of directors oversees the operation of the organization, offering expertise in law, finance, marketing, fundraising/business development, construction/development, retail management and law enforcement.

Financial Efficiency

• Mission deployment rate: 66.1%; rating input score 66
• Program expense ratio: 87.6%; rating input score 88
• Fundraising efficiency: $20.29 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • 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: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.5%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 0.72; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 65; 65th percentile among comparable filings

Growth

• Program expense growth: 10.3% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 12.4% per year; rating input score 100; 81st percentile among comparable filings
• Asset growth: 21.7% per year; rating input score 100; 91st percentile among comparable filings