Overview
What is Sharefest Community Development Inc?
Sharefest Community Development Inc, situated in San Pedro, California, is a nonprofit organization focusing on empowering youth facing challenges. Their primary mission is to equip these young individuals with essential life skills, support, and opportunities to pave their path towards economic success. The organization operates within six LAUSD Continuation High Schools and offers credit-eligible courses, encompassing various aspects such as socio-emotional learning, purpose education, professional development, college/career access, entrepreneurship, financial literacy, and service learning. Year-round mentoring, mental health support, case management, and workforce development programming are also provided to enhance college and career prospects. With a staff of 21 dedicated individuals, Sharefest Community Development Inc is committed to making a positive impact on the lives of the youth it serves.
Official website here: www.sharefestinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Sharefest Community Development Inc has earned a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in their operations. With an impressive Accountability & Finance score of 97, the organization demonstrates robust financial oversight and governance, including having a majority of independent board members and effective policies in place for conflict of interest and whistleblower protections.
The charity shows a commendable commitment to its mission, as reflected in its Program Expense Ratio of 86.28%, which signifies that a large portion of its expenses directly supports programs rather than administrative costs. Additionally, Sharefest has excelled in collecting and utilizing feedback effectively, achieving perfect scores in both areas, which highlights its responsiveness and dedication to improvement.
While the organization showcases many strengths, there are areas noted for enhancement under equity strategies, data, and policies with scores of 81 out of 100. This suggests that while Sharefest is making strides towards equity, there may still be room for growth in developing and implementing comprehensive strategies in this area. Overall, Sharefest Community Development Inc presents as a well-run nonprofit with effective practices and a genuine focus on community development.
This AI summary has been generated from information found on Charity Navigator.
Is Sharefest Community Development Inc legitimate?
Sharefest Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharefest Community Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $175,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $732,959
For more financial information, click here
Official website here: www.sharefestinc.org
What is the mission statement of Sharefest Community Development Inc?
Sharefest Community Development Inc's mission is centered around assisting youth who encounter significant barriers in achieving economic success. They accomplish this by providing them with essential skills, support, and necessary connections. Through their Youth Leadership Academy, they serve over 360 students in six Los Angeles Unified School District Continuation High Schools. The academy offers credit-bearing courses covering various topics such as socio-emotional learning, professional development, and college/career access. The students also benefit from year-round mentoring, mental health support, case management, and workforce development programming, all of which contribute to enhancing their college and career success.
Official website here: www.sharefestinc.org
Who is the CEO of Sharefest Community Development Inc?
Chadwick R Mayer is the President of Sharefest Community Development Inc.
Official website here: www.sharefestinc.org
What is the revenue of Sharefest Community Development Inc?
Sharefest Community Development Inc's revenue in 2022 was $2,113,057.
Official website here: www.sharefestinc.org
Who are the executives of Sharefest Community Development Inc and what are their salaries?
The average compensation at Sharefest Community Development Inc during 2022 was $43,236. There are 21 employees and 281 volunteers at Sharefest Community Development Inc.
Here are 12 key members and their salaries:
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- Compensation: $131,250
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Official website here: www.sharefestinc.org
Where can I find the form 990 for Sharefest Community Development Inc?
Sharefest Community Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharefestinc.org
Learn more at the official website: www.sharefestinc.org
Mission Statement of Sharefest Community Development Inc
Sharefest Community Development Inc is committed to empowering youth who face significant barriers, providing them with the necessary skills, support, and connections to achieve economic success. Through their Youth Leadership Academy (YLA), the organization serves over 360 students in six Los Angeles Unified School District (LAUSD) Continuation High Schools. The program offers a comprehensive curriculum that includes credit-eligible courses in Socio-Emotional Learning, Purpose Education, Professional Development, College/Career Access, Entrepreneurship, Financial Literacy, and Service Learning.
Beyond academic instruction, Sharefest offers year-round mentoring, mental health, and case management support to its students. These additional resources aim to bolster their overall well-being and prepare them for the challenges they may encounter in their future pursuits. Furthermore, the organization provides workforce development programming that enhances their college and career success. This holistic approach ensures that the youth under Sharefest's care are equipped with the tools they need to overcome their challenges and build a prosperous future for themselves.
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Impact
October, 2024
Sharefest Community Development Inc significantly impacts the lives of youth facing substantial barriers by equipping them with essential skills and resources for economic success. Through the Youth Leadership Academy (YLA), Sharefest serves over 360 students across six LAUSD Continuation High Schools, offering a comprehensive curriculum that includes Socio-Emotional Learning, Purpose Education, and Financial Literacy, among other vital areas.
The program emphasizes year-round mentoring and support, integrating mental health services and case management to address the individual needs of students. Additionally, workforce development programming enhances their readiness for college and careers, fostering connections that help break the cycle of poverty and promote personal growth. This holistic approach not only empowers students but also contributes to their overall well-being and future prospects, making a lasting difference in the San Pedro community and beyond.
This information is meant to be a general summary of Sharefest Community Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,652
- Gross Receipts: $2,289,267
Assets and Liabilities:
- Total Assets: $2,953,421
- Total Liabilities: $190,226
- Net Assets: $2,763,195
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Organization Details
Founding Year
2006
Phone
(310) 626-8106Principal Officer
Chadwick R Mayer
Main Address
638 S Beacon Street 700, San Pedro, CA, 90731
Website
www.sharefestinc.orgNTEE Category
Code: P20 - Human services
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