Overview
What is Sharing Inc?
Sharing Inc Dba Shareable is a dedicated nonprofit organization based in Oakland, California. With a modest team of four individuals, they operate as a media outlet and action network, striving to foster a more resilient, equitable, and joyful world. Their primary mission is to inspire social change by publishing insightful stories, analysis, and practical tools, collaborating with their global partners. In 2022, Shareable made significant strides, including assisting in securing over $10 billion for Rural Electric Co-ops in the Inflation Reduction Act, and co-hosting nine virtual lectures, reaching an audience of 30,000 readers and viewers. They also produced two audio documentaries, aired on over 150 radio stations, and surpassed 15 million lifetime page views on their website. Shareable's editorial content continues to attract around 30,000 monthly visitors and has formed partnerships with various organizations to expand its reach and impact.
Official website here: www.shareable.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.
Sharing Inc, operating as Shareable, has garnered a low rating of 44%, reflecting significant concerns in several key accountability and financial areas. The organization has a notably low Accountability & Finance Score of 34, primarily due to a lack of independent board members and missing financial documentation. While the organization performs well in community engagement and feedback practices, these strengths are overshadowed by financial transparency issues.
The organization’s program expense ratio stands at 52.37%, indicating that just over half of its expenditures are directed towards its programs. However, critical governance documents like board meeting minutes and financial statements are missing, and the absence of a whistleblower policy raises further red flags regarding organizational oversight. The liabilities to assets ratio of 5.22% is relatively low, which could indicate a stable financial position, yet the lack of independent board members and policies suggests a concerning governance structure.
Despite these limitations, Shareable demonstrates a strong commitment to feedback collection and usage, achieving perfect scores in these areas. Their equity strategies score of 89 further highlights their dedication to inclusivity and community engagement. Overall, while the organization shows promise in some aspects, substantial improvements are needed in financial accountability and governance practices to build trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sharing Inc legitimate?
Sharing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharing 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: $354,798
For more financial information, click here
Official website here: www.shareable.net
What is the mission statement of Sharing Inc?
Sharing Inc Dba Shareable, functioning as a nonprofit media outlet and action network, aims to empower individuals by inspiring social change. They accomplish this by publishing stories, analysis, and tools in collaboration with their global partners. Shareable's mission is to foster a more resilient, equitable, and joyful world. By doing so, they aim to encourage people to share resources and knowledge, ultimately contributing to a positive societal transformation. In partnership with various organizations, they help advocate for significant investments in rural electrification, host educational lectures, and produce documentaries on various topics, reaching a wide audience.
Official website here: www.shareable.net
Who is the CEO of Sharing Inc?
Laurie Schecter is the Interim Ex Dir of Sharing Inc.
Official website here: www.shareable.net
What is the revenue of Sharing Inc?
Sharing Inc's revenue in 2022 was $573,359.
Official website here: www.shareable.net
Who are the executives of Sharing Inc and what are their salaries?
The average compensation at Sharing Inc during 2022 was $88,700. There are 4 employees at Sharing Inc.
Here are 7 key members and their salaries:
- Compensation: $77,817
- Related: $0
- Other: $0
- Compensation: $66,250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.shareable.net
Where can I find the form 990 for Sharing Inc?
Sharing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shareable.net
Learn more at the official website: www.shareable.net
Mission Statement of Sharing Inc
Sharing Inc Dba Shareable, a nonprofit media outlet and action network, is dedicated to empowering individuals to foster a more resilient, equitable, and joyful world. They achieve this mission by collaborating with global partners to publish insightful stories, analysis, and practical tools. Through their initiatives, Shareable inspires social change and serves as a catalyst for positive action.
In essence, Shareable seeks to empower people by providing them with the knowledge and resources needed to bring about meaningful change in their communities and beyond. They achieve this by collaborating with a diverse range of partners, which allows them to reach a broad audience and address a wide array of issues. By publishing engaging content, Shareable motivates its readers and viewers to take action and contribute to a more equitable and resilient world.
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Impact
July, 2024
Sharing Inc Dba Shareable's impact can be seen in its strategic partnerships and communication efforts that have led to significant wins in advocating for rural electrification and supporting mutual aid efforts in Ukraine. Through its various initiatives such as the Rural Power Coalition (RPC) and Cities@Tufts lectures, Shareable has reached a wide audience and inspired social change through storytelling and advocacy. The organization's editorial content attracts a significant number of visitors, showcasing its commitment to sharing solutions and promoting a more resilient, equitable, and joyful world.
This information is meant to be a general summary of Sharing 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: $1,391
- Program Service Revenue: $61,873
- Gross Receipts: $573,359
Assets and Liabilities:
- Total Assets: $300,072
- Total Liabilities: $15,674
- Net Assets: $284,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
contract revenue
Revenue
$60,090
other revenue
Revenue
$1,783
Organization Details
Founding Year
2019
Phone
(925) 876-2942Principal Officer
Laurie Schecter
Main Address
1301 Clay St 70507, Oakland, CA, 94612
Website
www.shareable.netNTEE Category
Code: S20 - Community improvement
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