Overview
What is Sharebaby Inc?
Sharebaby Inc, established in Baltimore, Maryland, is a nonprofit organization dedicated to connecting families in need with essential resources for young children. Through community donations, Sharebaby procures diapers, clothing, and other necessities, which they then distribute to eligible families through local community-based organizations. Their mission is backed by a strong community engagement, having onboarded numerous families in Maryland since their inception in 2014. Notable partnerships and in-kind donations from organizations like The Honest Company, Mattel, and The Parent's Choice Foundation have significantly augmented their inventory, allowing them to distribute items with an estimated total value of $ in 2018. By doing so, Sharebaby empowers families, promotes child health, and strengthens the sense of community in Baltimore.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80% (Three-Star out of Four Star rating)
Sharebaby Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has scored 80%, primarily based on its strong governance practices and financial health. A fully independent board, robust conflict of interest and whistleblower policies, and thorough documentation of board meeting minutes contribute to its positive evaluation.
The organization's financials are impressive, with a program expense ratio of 92.20%, indicating that a significant portion of its funding is directed towards its programs. Additionally, Sharebaby Inc has a low liabilities to assets ratio of 14.77%, which suggests financial stability. Its working capital ratio of 1.10 years further points to a healthy financial position, allowing it to sustain its operations effectively.
While Sharebaby Inc showcases commendable strengths in governance and financial management, the rating could indicate room for improvement in areas not covered in the current assessment. Overall, the organization appears to be effectively managed, focusing its resources on fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sharebaby Inc legitimate?
Sharebaby Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharebaby 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: $305,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Sharebaby Inc?
Sharebaby Inc's mission is centered around collecting essential items such as diapers, clothing, and other basic necessities. These items are then distributed to families in need through community-based organizations. By doing so, Sharebaby aims to empower families, promote the health of children, and foster a stronger sense of community. Since its inception in 2014, Sharebaby has garnered support from local families through donations of diapers and gear. Additionally, the organization has attracted large-scale in-kind donations of diapers, wipes, baby gear, and toys from organizations like The Honest Company, Mattel, Inc., and The Parent's Choice Foundation. These donations enabled Sharebaby to distribute a substantial amount of items with an estimated total value in 2018, thereby broadening its reach and inspiring further support from foundations, individuals, and local businesses.
Who is the CEO of Sharebaby Inc?
Nadya Dutchin is the Board Devel & Marketing Chair of Sharebaby Inc.
What is the revenue of Sharebaby Inc?
Sharebaby Inc's revenue in 2022 was $2,694,278.
Who are the executives of Sharebaby Inc and what are their salaries?
The average compensation at Sharebaby Inc during 2022 was $50,916. There are 6 employees and 1352 volunteers at Sharebaby Inc.
Here are 11 key members and their salaries:
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- Compensation: $37,940
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Where can I find the form 990 for Sharebaby Inc?
Sharebaby Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sharebaby Inc
Sharebaby Inc, a nonprofit organization, is dedicated to collecting essential items such as diapers, clothing, and other basic goods. Their mission is to distribute these items to families in need through community-based organizations. By doing so, Sharebaby aims to empower these families, promote the health of young children, and foster a stronger sense of community. Since its inception in November 2014, Sharebaby has successfully engaged numerous families in the Maryland community through donations of diapers and necessary gear. Moreover, the organization has attracted large-scale in-kind donations of diapers, wipes, baby gear, and toys from renowned companies like The Honest Company, Mattel, Inc., and The Parent's Choice Foundation. These generous donations enabled Sharebaby to distribute a substantial number of items with an estimated total value of a significant sum at the end of 2018. Through these efforts, Sharebaby has been able to broaden its communication of its mission and inspire further donations from foundations, individuals, and local businesses.
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Impact
July, 2024
Sharebaby Inc's impact is direct and powerful. By collecting diapers, clothing, and other basic goods and distributing them to families in need through community-based organizations, Sharebaby is making a tangible difference in the lives of young children and their families. Sharebaby's efforts not only provide essential items to those in need but also work to empower families, promote healthy kids, and build a stronger sense of community.
Since its founding in November 2014, Sharebaby has displayed a strong beginning effort, engaging hundreds of families in Maryland to support its mission through donations. Through national partnerships and local relationships, Sharebaby has attracted large-scale in-kind donations from reputable companies like The Honest Company, Mattel, Inc., and The Parent's Choice Foundation. In 2018 alone, Sharebaby distributed a significant number of items with an estimated total value of $, thanks to these generous donations.
Furthermore, Sharebaby's outreach efforts have inspired donations from foundations, individuals, and local businesses, enabling them to broaden their impact and help even more families in need. Sharebaby's work is not just about providing goods; it's about creating positive change and offering support to those who need it most.
This information is meant to be a general summary of Sharebaby 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: $3,907
- Gross Receipts: $2,814,111
Assets and Liabilities:
- Total Assets: $1,945,919
- Total Liabilities: $0
- Net Assets: $1,945,919
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Organization Details
Founding Year
2014
Phone
(301) 455-0022Principal Officer
Nadya Dutchin
Main Address
1792 UNION AVE, BALTIMORE, MD, 21211
NTEE Category
Code: A12 - Arts
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