Overview
What is We Share Inc?
We Share Inc is a nonprofit organization situated in Bloomington, Minnesota, with the address 11125 Johnson Ave So. Their primary mission is to support around 250 families, constructing homes and financing education. This organization extends its reach beyond their local community, as indicated in the paraphrased description, by also funding education in India. We Share Inc's mission is to improve living conditions for families in need, ensuring access to quality education for a better future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
We Share Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored 50% overall, with a particularly troubling lack of independent board members, as none were reported. This raises questions about governance and potential conflicts of interest.
Despite the governance challenges, We Share Inc has a positive aspect regarding its financial management, with a program expense ratio of 100%. This indicates that all of its expenses are directed toward its programs, which is a strong point. However, the charity's failure to provide essential policies and information on its website, such as a conflict of interest policy and board meeting minutes, detracts from its transparency and accountability.
Overall, while We Share Inc demonstrates a commitment to directing funds toward its mission, its governance structure and lack of transparency present significant limitations that potential donors and supporters should carefully consider.
This AI summary has been generated from information found on Charity Navigator.
Is We Share Inc legitimate?
We Share Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Share 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of We Share Inc?
We Share Inc is committed to serving around 250 families, focusing on two primary areas: constructing homes and financing education. Their mission is to enhance the lives of these families by providing necessary resources in these critical sectors. They contribute to building homes, providing a shelter and sense of stability for the families they serve. Furthermore, We Share Inc supports education for these families, ensuring that their children have access to learning opportunities, thereby paving the way for a better future.
Who is the CEO of We Share Inc?
Kathryn M Rennie is the President of We Share Inc.
What is the revenue of We Share Inc?
We Share Inc's revenue in 2022 was $200,637.
Who are the executives of We Share Inc and what are their salaries?
There 4 volunteers at We Share Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for We Share Inc?
We Share Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of We Share Inc
We Share Inc, a nonprofit organization, is dedicated to assisting around 250 families. Their primary mission revolves around constructing homes and providing financial aid for education. This commitment extends to families in India, where they aim to support approximately 200 families with similar needs. We Share Inc's efforts are geared towards improving the living conditions and educational opportunities for these families, thereby contributing positively to their lives.
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Impact
October, 2024
We Share Inc significantly impacts the Bloomington community and beyond by providing essential services to approximately 250 families. Their efforts in building homes create stable living environments, fostering safety and security for families in need. Additionally, by funding education, they empower individuals with knowledge and skills, enhancing their opportunities for a brighter future. Serving families both locally and in India, We Share Inc is dedicated to transforming lives through tangible support and comprehensive human services. Their commitment to community development reflects a deep understanding of the challenges faced by families and resonates through the positive changes they facilitate.
This information is meant to be a general summary of We Share 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.
- Gross Receipts: $200,637
Assets and Liabilities:
- Total Assets: $13,279
- Total Liabilities: $0
- Net Assets: $13,279
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Organization Details
Principal Officer
Kathryn M Rennie
Main Address
11125 Johnson Ave So, BLOOMINGTON, MN, 55437
NTEE Category
Code: P60 - Human services
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