Share Incorporated

Share Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237111741 ✦ Mclean, VA ✦ Designated as a 501(c)(3)

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Overview

What is Share Incorporated?

Share Incorporated, established in 1969, is a nonprofit organization based in McLean, Virginia. It was founded by a coalition of local religious and civic institutions to address the emergency needs of economically distressed individuals and families in the greater McLean area. Share offers various forms of assistance to its clients, including financial aid for rent, utilities, medical and dental expenses, as well as educational and training support. During the COVID-19 pandemic and continuing into this year, Share has provided administrative assistance to Fairfax County by distributing federal relief funds to landlords and utility companies on behalf of their clients. Beyond financial support, Share also offers food, clothing, furniture, back-to-school supplies, and computer donations to further support low-income families in need.


Official website here: www.shareofmclean.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Stars)

Share Incorporated has received a Two-Star rating from Charity Navigator, indicating a fair level of accountability and transparency. The organization showcases strong governance with an entirely independent board, scoring full points in both the majority independent board members and independent board size categories. However, there are significant concerns regarding its financial reporting, as it has not provided financial statements and is missing several key policies, including those for conflict of interest and whistleblower protections.

Despite its shortcomings in transparency, Share Incorporated demonstrates a commendable commitment to its programs, with a program expense ratio of 95.50%. This suggests that a substantial majority of its expenditures are directed towards its mission-driven activities. Additionally, it shows robust financial health with no liabilities against its assets, which is a positive indicator for sustainability.

Overall, while Share Incorporated has strengths in governance and program spending, the lack of transparency in financial reporting and missing policies raises important questions regarding its accountability practices. Addressing these issues could significantly enhance its rating and public trust in the organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Share Incorporated?

100% of 6 reviewers on Facebook recommend Share Incorporated. Here is a summary of their reviews:

Supporters express that the organization plays a crucial role in assisting residents to regain stability in their lives. Those who have interacted with Share Incorporated find it to be a commendable charity dedicated to making a meaningful impact. Many emphasize the importance of donations, including food, clothing, and financial contributions, highlighting the nonprofit's immediate needs to continue its valuable services.

Overall, the sentiment towards Share Incorporated is highly positive, with users appreciating the charity's mission and effectiveness. Their commitment to helping individuals in need resonates strongly with the community, encouraging ongoing support and contributions.


This AI summary has been generated from reviews found on Facebook.

Is Share Incorporated legitimate?

Share Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Share Incorporated 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shareofmclean.org

What is the mission statement of Share Incorporated?

Share Incorporated, established in 1969, was initiated by a collaboration of local religious and civic organizations with the aim to address the urgent needs of families experiencing economic hardship in their community. The organization provides assistance through various programs, including food, clothing, furnishings, school supplies, and computer donations. Share's mission is to support low-income families by offering aid in areas such as rent, utilities, medical and dental care, and education and training. During the pandemic, Share has taken on an additional role, providing administrative assistance to local authorities in distributing relief funds to landlords and utility companies on behalf of their clients.


Official website here: www.shareofmclean.org

Who is the CEO of Share Incorporated?

Don Frickel is the President of Share Incorporated.


Official website here: www.shareofmclean.org

What is the revenue of Share Incorporated?

Share Incorporated's revenue in 2023 was $643,587.


Official website here: www.shareofmclean.org

Who are the executives of Share Incorporated and what are their salaries?

There 200 volunteers at Share Incorporated.


Here are 19 key members and their salaries:


Don Frickel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mournighan (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellen Leister (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mimi Granados (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Hockman (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Najarian (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radhika Samant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Glantz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicki Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Mournighan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rees (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Ann Kelleher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Senior (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greta Brendley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Soheyla Mahmoudi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christiane Shipley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stew Lingley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shareofmclean.org

Where can I find the form 990 for Share Incorporated?

Share Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.shareofmclean.org

Learn more at the official website: www.shareofmclean.org

Mission Statement of Share Incorporated

Share Incorporated, established in 1969, was founded by a collaboration of local religious and civic institutions with a mission to alleviate the hardships of families experiencing economic distress in their community. This nonprofit organization fulfills its mission through various programs, including providing emergency assistance with food, clothing, furniture, back-to-school supplies, and computer donations.

At the heart of Share Incorporated's mission is the commitment to aid low-income families. The organization offers a range of support services, such as helping clients with their rent, utilities, and medical and dental expenses. In addition, Share Incorporated offers education and training opportunities to empower its clients, enabling them to improve their financial situation and build a better future for themselves and their families.

During the pandemic, Share Incorporated has played a crucial role in supporting its community by providing administrative assistance to local authorities. In this capacity, the nonprofit has been instrumental in distributing federal and other relief funds to landlords and utility companies on behalf of its clients, ensuring that families in need continue to receive essential services. By offering these vital resources and support, Share Incorporated has been a vital lifeline for families struggling with economic hardship in their community.

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Impact




July, 2024

Share Incorporated's impact is profound in the greater McLean area, where it has been providing essential support to low-income families since 1969. Share's programs, which include family assistance, food distribution, clothing provision, back-to-school supplies, and computer donations, have significantly improved the lives of community members facing economic challenges. In addition, Share's assistance with rent, utilities, medical and dental expenses, as well as education and training support, has been crucial in helping families in need to overcome financial hardships. During the pandemic, Share has played a vital role in distributing government funds to landlords and utility companies on behalf of its clients, further demonstrating its commitment to serving the community's most vulnerable individuals.




This information is meant to be a general summary of Share Incorporated. 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.

Revenue
$643,587 (2023)
Expenses
$449,656 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $135
  • Gross Receipts: $643,587

Assets and Liabilities:

  • Total Assets: $533,725
  • Total Liabilities: $0
  • Net Assets: $533,725

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Organization Details

Founding Year

1969

Principal Officer

Don Frickel

Main Address

PO BOX 210, MCLEAN, VA, 221010210

NTEE Category

Code: P60 - Human services

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