Overview
What is Share House Foundation?
Share House Foundation is a charitable organization based in Fargo, North Dakota, with a specific focus on providing financial aid towards addiction recovery services. Their mission is multifaceted, aiming to support Share House Inc, a related organization, in its endeavor to help individuals overcome substance abuse issues. By offering financial backing, Share House Foundation enables Share House to provide personalized recovery services, ultimately empowering its clients to reach their full potential, improve their quality of life, and integrate back into their families and communities.
Official website here: www.sharehouse.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating) from Charity Navigator.
The Share House Foundation has achieved a remarkable score of 97%, reflecting strong performance in accountability and finance. The organization boasts a fully independent board, with all eight members meeting the criteria for independence, which enhances its governance and transparency. The absence of material diversion of assets further underscores the foundation's commitment to ethical stewardship of resources.
Strengths of the Share House Foundation include a high program expense ratio of 87.64%, indicating that a significant portion of its resources are allocated directly to programmatic efforts rather than administrative costs. This focus on effective fund utilization is complemented by comprehensive policies such as conflict of interest and whistleblower protections, which help to ensure accountability and integrity.
While the foundation's financial practices are commendable, the review does not highlight any specific limitations, suggesting a well-managed organization. Overall, the Share House Foundation stands out for its dedication to transparency and effective use of funds, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Share House Foundation legitimate?
Share House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Share House 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: $34,300
For more financial information, click here
Official website here: www.sharehouse.org/foundation
What is the mission statement of Share House Foundation?
The Share House Foundation aims to support and provide resources to Share House Inc., with a focus on addiction recovery services, in order to help their clients achieve their full potential, improve their quality of life, and encourage meaningful participation in family and community. The organization's mission is geared towards empowering Share House and its clients to reach their goals, ultimately promoting a better life for all involved.
Official website here: www.sharehouse.org/foundation
Who is the CEO of Share House Foundation?
Bill Wallwork Iii is the President of Share House Foundation.
Official website here: www.sharehouse.org/foundation
What is the revenue of Share House Foundation?
Share House Foundation's revenue in 2021 was $230,171.
Official website here: www.sharehouse.org/foundation
Who are the executives of Share House Foundation and what are their salaries?
There 9 volunteers at Share House Foundation.
Here are 10 key members and their salaries:
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- Compensation: $68,617
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Official website here: www.sharehouse.org/foundation
Where can I find the form 990 for Share House Foundation?
Share House Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.sharehouse.org/foundation
Learn more at the official website: www.sharehouse.org/foundation
Mission Statement of Share House Foundation
The Share House Foundation, a dedicated organization, is committed to providing support and resources for the personalized addiction recovery services and the broader mission of Share House, Inc. Their mission, in essence, is to help those they serve to reach their full potential, enhance their quality of life, and foster meaningful participation in their families and communities. By developing financial support, the Share House Foundation aims to aid Share House, Inc. in its efforts to combat addiction, particularly related to drugs and alcohol, and ultimately contribute to the well-being and betterment of those struggling with these issues.
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Impact
June, 2024
Share House Foundation plays a crucial role in developing financial support for personalized addiction recovery services and the overall mission of Share House, Inc. This support is instrumental in helping individuals struggling with drug and alcohol addiction to achieve their full potential, enhance their quality of life, and promote meaningful participation in family and community. By focusing on mental health and providing resources to Share House and its clients, the foundation is making a significant impact in the Fargo, ND community.
This information is meant to be a general summary of Share House 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 2021.
- Investment Income: $23,231
- Gross Receipts: $230,171
Assets and Liabilities:
- Total Assets: $782,957
- Total Liabilities: $2,425
- Net Assets: $780,532
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Organization Details
Founding Year
2008
Phone
(701) 282-6561Principal Officer
Bill Wallwork Iii
Main Address
4227 9th Ave South, Fargo, ND, 58103
NTEE Category
Code: F112 - Mental health
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