The Sharing Network Foundation Inc

What it reported doing in 2024

Expenses incurred in carrying out the organization's primary exempt purpose which is to (1) support and promote the donation of organs and tissues for transplantation, therapy, research and education, (2) foster education and research with respect to human organ and tissue donation and (3) foster public service programs and the education of the public on the importance and benefits of organ and tissue donation. The organization was also formed to be an integral part of and support the tax-exempt purposes, programs and services of nj organ and tissue sharing network, inc.; an organization recognized by the IRS as tax-exempt under internal revenue code section 501 (c)(3). In connection therewith, the organization will raise funds for grants to nj organ and tissue sharing network or to operate programs that support the charitable purposes, programs and services of nj organ and tissue sharing network, based on requests of nj organ and tissue sharing network. In addition, the organization will seek out and make grants to internal revenue code section 501 (c)(3) and governmental organizations that support and promote organ and tissue donation in the state of New Jersey. These grants are intended to reward those organizations that are creating or operating programs that best promote and support successful organ and tissue donation efforts and to indirectly provide those organizations with public acknowledgment of their efforts and success. Finally, the organization will also consider grants to local groups who support organ and tissue donation.

Financial Efficiency

• Mission deployment rate: 72.5%; rating input score 73
• Program expense ratio: 71%; rating input score 71
• Fundraising efficiency: $10.86 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings

Transparency & Controls

• Consistency checks: 87.5%; rating input score 88; 3rd 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: 98.6%; rating input score 99; 47th 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; 63rd percentile among comparable filings
• Governance controls: 8 of 8 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: 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: 2.2%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 4.54; rating input score 83; 83rd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
• Asset growth: 16.6% per year; rating input score 100; 76th percentile among comparable filings