Overview
What is Shared Blessings Inc?
Shared Blessings Inc, located in McAlester, Oklahoma, is a nonprofit organization that extends a helping hand to underserved and needy individuals. Their mission involves providing life coaching services and offering affordable housing. The organization is known for its commitment to offering essentials, such as clothing and food, to indigent families residing in the McAlester area. With a team of 16 dedicated employees, Shared Blessings Inc strives to uplift and support these families, contributing to their community's well-being.
Official website here: www.shareblessings.tv
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Shared Blessings Inc has received a two-star rating signifying a need for improvement in certain accountability and financial practices. While the organization boasts a high percentage of independent board members and a strong program expense ratio of 86.17%, there are significant gaps in their financial transparency. Notably, they have not provided financial statements, which has impacted their overall rating.
The organization demonstrates strengths in governance, such as having no material diversion of assets and maintaining a conflict of interest policy. However, the absence of essential policies, including a whistleblower policy and a document retention and destruction policy, raises concerns about their commitment to best practices in nonprofit management. Additionally, they do not have their tax forms readily available on their website, further limiting transparency.
While Shared Blessings Inc effectively allocates a significant portion of its budget to programs, the lack of financial disclosure and essential policies may hinder trust and accountability. Addressing these gaps could improve their standing and public perception, allowing them to better serve their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Shared Blessings Inc legitimate?
Shared Blessings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shared Blessings 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: $327,994
For more financial information, click here
Official website here: www.shareblessings.tv
What is the mission statement of Shared Blessings Inc?
Shared Blessings Inc's mission is centered around providing essential necessities to families in need, specifically in the area of McAlester. They offer clothing, food, and other basic necessities to indigent families. In addition to this, the organization extends its services to offer life coaching and low-cost housing options to individuals who are underserved or in need. The aim is to support these individuals and families, helping them navigate their lives towards a more stable and secure future.
Official website here: www.shareblessings.tv
Who is the CEO of Shared Blessings Inc?
Michael Auld is the President of Shared Blessings Inc.
Official website here: www.shareblessings.tv
What is the revenue of Shared Blessings Inc?
Shared Blessings Inc's revenue in 2022 was $803,626.
Official website here: www.shareblessings.tv
Who are the executives of Shared Blessings Inc and what are their salaries?
The average compensation at Shared Blessings Inc during 2022 was $20,500. There are 16 employees and 161 volunteers at Shared Blessings Inc.
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Official website here: www.shareblessings.tv
Where can I find the form 990 for Shared Blessings Inc?
Shared Blessings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shareblessings.tv
Learn more at the official website: www.shareblessings.tv
Mission Statement of Shared Blessings Inc
Shared Blessings Inc, a nonprofit organization, is dedicated to providing essential support for indigent families in need. Their mission is to alleviate hardships by offering clothing, food, and other basic necessities to those who are struggling. Beyond material aid, Shared Blessings also extends life coaching services to help individuals in need navigate their challenges and improve their lives. Additionally, the organization provides low-cost housing options, offering a tangible solution to address housing insecurity. In essence, Shared Blessings Inc is committed to improving the well-being of disadvantaged families through practical aid and empowering assistance.
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Impact
July, 2024
Shared Blessings Inc's impact is profound in the McAlester area, where it provides clothing, food, and basic necessities for indigent families. Additionally, the organization offers life coaching services and low-cost housing to underserved individuals, helping them navigate their way to stability and self-sufficiency. Shared Blessings Inc is instrumental in addressing the immediate needs of those struggling in the community, making a significant impact in the lives of individuals and families in need.
This information is meant to be a general summary of Shared Blessings 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.
- Program Service Revenue: $107,218
- Gross Receipts: $803,626
Assets and Liabilities:
- Total Assets: $1,112,125
- Total Liabilities: $91,326
- Net Assets: $1,020,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BACK TO SCHOOL
Revenue
$15,453
BENEVOLENCE
Revenue
$14,450
HABITAT FOR HUMANITY
Revenue
$10,575
HOUSING
Revenue
$19,308
NUTRITION CLUB
Revenue
$32,500
Organization Details
Phone
(918) 423-8624Principal Officer
Michael Auld
Main Address
PO BOX 328, MCALESTER, OK, 74501
Website
www.shareblessings.tvNTEE Category
Code: P29 - Human services
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