Overview
What is Shar (Self Help Addiction Reorientation) Foundation?
The Shar (Self Help Addiction Reorientation) Foundation is a nonprofit organization dedicated to combating substance abuse. It takes an active role in providing treatment services by owning and managing a facility, which is used by Self Help Addiction Rehabilitation, Inc. for drug rehabilitation purposes. Additionally, the foundation invests in equipment essential for these services, showcasing its commitment to aiding individuals struggling with addiction.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Shar (Self Help Addiction Reorientation) Foundation has received a low rating of 54% from Charity Navigator, reflecting significant concerns regarding its financial accountability and transparency. While the organization boasts a fully independent board and strong policies related to conflict of interest and whistleblowing, it has been marked down for lacking crucial financial documentation on its website, which raises questions about its overall transparency.
In terms of financial management, the organization's liabilities to assets ratio stands at 69.52%, which suggests that a large portion of its assets are encumbered by liabilities. Additionally, the program expense ratio of 30.35% indicates that a relatively small portion of its total expenses is being directed towards its programs, which could be a potential concern for donors looking for effective allocation of funds.
Overall, while the Shar Foundation demonstrates strengths in governance practices with an independent board and comprehensive policies, the lack of financial documentation and the concerning ratios may deter potential supporters and limit its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shar (Self Help Addiction Reorientation) Foundation legitimate?
Shar (Self Help Addiction Reorientation) Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shar (Self Help Addiction Reorientation) Foundation 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
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What is the mission statement of Shar (Self Help Addiction Reorientation) Foundation?
The Shar (Self Help Addiction Reorientation) Foundation is dedicated to combating substance abuse issues. They achieve this by owning and maintaining a facility, which is utilized by Self Help Addiction Rehabilitation, Inc., for drug rehabilitation services. Additionally, the foundation invests in equipment that SHAR, Inc. uses for their rehabilitation efforts. In essence, their mission is centered around providing essential resources for substance abuse treatment.
Who is the CEO of Shar (Self Help Addiction Reorientation) Foundation?
David Hodges is the Vice Preside of Shar (Self Help Addiction Reorientation) Foundation. The CEO's salary of Shar (Self Help Addiction Reorientation) Foundation is $0 and their total compensation is $0.
What is the revenue of Shar (Self Help Addiction Reorientation) Foundation?
Shar (Self Help Addiction Reorientation) Foundation's revenue in 2022 was $90,521.
Who are the executives of Shar (Self Help Addiction Reorientation) Foundation and what are their salaries?
Here are 13 key members and their salaries (Shar (Self Help Addiction Reorientation) Foundation's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Shar (Self Help Addiction Reorientation) Foundation?
Shar (Self Help Addiction Reorientation) Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shar (Self Help Addiction Reorientation) Foundation
The Self Help Addiction Reorientation (SHAR) Foundation is a charitable organization dedicated to combating substance abuse. With a focus on providing treatment, the foundation owns and maintains a facility that is utilized by Self Help Addiction Rehabilitation, Inc. for rehabilitation services. Moreover, the SHAR Foundation invests in equipment necessary for drug rehabilitation, which is owned and used by SHAR, Inc. This commitment to substance abuse treatment underscores the SHAR Foundation's mission to contribute significantly to the recovery of individuals struggling with addiction.
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Impact
June, 2024
The impact of Shar (Self Help Addiction Reorientation) Foundation is significant in the field of substance abuse treatment. Through owning and maintaining a facility used by Self Help Addiction Rehabilitation, Inc., as well as purchasing and owning equipment used for drug rehabilitation services, the foundation plays a crucial role in providing support and resources for individuals struggling with addiction. By offering these essential services, Shar Foundation contributes to the recovery and well-being of individuals in Detroit and beyond, making a positive impact on mental health and overall community well-being.
This information is meant to be a general summary of Shar (Self Help Addiction Reorientation) Foundation. 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.
- Gross Receipts: $90,521
Assets and Liabilities:
- Total Assets: $3,596,373
- Total Liabilities: $2,500,387
- Net Assets: $1,095,986
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Organization Details
Founding Year
1969
Phone
(313) 894-8444Principal Officer
David Hodges
Main Address
1852 W GRAND BLVD, DETROIT, MI, 48208
NTEE Category
Code: F22I - Mental health
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