Civic Intelligence

Share Life

990EZ • Fiscal year 2022 • EIN 81-2134246

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization Profilewww.sharelifeclearlake.com
PO Box 7Clear Lake, IA 50428

(641) 357-5291

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

7th percentile

-93%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-31%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-34%

Faster revenue growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$90,309

Down $39,867 (-31%) from 2021

Net Assets

Down

$90,309

Down $39,867 (-31%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$42,767

Down $22,217 (-34%) from 2021

Expenses

Down

$82,602

Down $30,166 (-27%) from 2021

Net Income

Up

-$39,835

Up $7,949 (+17%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2019: $94,443Net Assets 2019: $94,4432019Assets 2020: $178,324Net Assets 2020: $178,3242020Assets 2021: $130,176Net Assets 2021: $130,1762021Assets 2022: $90,309Net Assets 2022: $90,3092022Assets 2023: $95,817Net Assets 2023: $95,8172023Assets 2024: $90,594Net Assets 2024: $90,5942024

Highlighted filing

2022

Assets$90,309
Liabilities-
Net Assets$90,309
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $68,497Expenses 2019: $21,409Net Income 2019: $47,0882019Revenue 2020: $125,602Expenses 2020: $42,808Net Income 2020: $82,7942020Revenue 2021: $64,984Expenses 2021: $112,768Net Income 2021: -$47,7842021Revenue 2022: $42,767Expenses 2022: $82,602Net Income 2022: -$39,8352022Revenue 2023: $55,549Expenses 2023: $50,041Net Income 2023: $5,5082023Revenue 2024: $42,394Expenses 2024: $47,617Net Income 2024: -$5,2232024

Highlighted filing

2022

Revenue$42,767
Expenses$82,602
Net Income-$39,835
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$42,767
Mission and Program Overview

Mission

To establish long term collaboration projects that address the needs of most vulnerable in our community, specifically children and families.

Program Services

DescriptionGrantsExpenses
SHARE SHOP, LIGHTHOUSE LEASEHOLD EXPENSES AND OTHER PROJECTS-$50,570
KIDS CAFE - A FREE LUNCH PROGRAM WHO'S PRIMARY GOAL IS TO MEET A NEED FOR FOOD SECURITY DURING THE SUMMER-$31,021
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KRISTEN SEEHUSENPresident-$0--
CATHY BANCROFTSecretary-$0--
NICHOLE SORENSENTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Share Life
EIN
81-2134246
Phone
6413575291
Address
PO BOX 7, CLEAR LAKE, IA 50428

Signing Officer

Name
Nichole Sorensen
Title
Treasurer
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Potter & Brant Plc
Address
31 PLAZA DRIVE, CLEAR LAKE, IA 50428
Preparer
Kristan M Brant CPA
Phone
6413575291
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $351”

Other Expenses.1012

“Insurance $411”

Other Expenses.1

“Lighthouse Leasehold Expenses $44679”

Other Expenses.2

“Kid's Cafe Food Expense $31021”

Other Expenses.3

“Share Shop Expenses $3409”

Other Expenses.4

“Giving Tree $1500”

Other Expenses.5

“Dues & Subscriptions $200”

Other Expenses.6

“Paypal Fees $116”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2826”

Other Assets.1

“lEASEHOLD IMPROVEMENTS IN PROGRESS - Beginning $44679 lEASEHOLD IMPROVEMENTS IN PROGRESS - Ending $0”

Raw XML Appendix167 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0POTTER BRANT
IRS990EZ/BooksInCareOfDetail/PhoneNum06413575291
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031 PLAZA DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CLEAR LAKE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050428
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt085497
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087483
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt042767
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-39835
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0915
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0130176
IRS990EZ/Form990TotalAssetsGrp/EOYAmt090309
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt042767
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0130176
IRS990EZ/NetAssetsOrFundBalancesEOYAmt090309
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0130176
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt090309
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KRISTEN SEEHUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CATHY BANCROFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NICHOLE SORENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt044679
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02826
IRS990EZ/OtherChangesInNetAssetsAmt0-32
IRS990EZ/OtherExpensesTotalAmt081687
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ESTABLISH LONG TERM COLLABORATION PROJECTS THAT ADDRESS THE NEEDS OF MOST VULNERABLE IN OUR COMMUNITY, SPECIFICALLY CHILDREN AND FAMILIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KIDS CAFE - A FREE LUNCH PROGRAM WHO'S PRIMARY GOAL IS TO MEET A NEED FOR FOOD SECURITY DURING THE SUMMER
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SHARE SHOP, LIGHTHOUSE LEASEHOLD EXPENSES AND OTHER PROJECTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031021
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt150570
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt082602
IRS990EZ/TotalProgramServiceExpensesAmt081591
IRS990EZ/TotalRevenueAmt042767
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.sharelifeclearlake.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042767
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt064984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0125535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt090362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0392108
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0104
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt0392108
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042767
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt064984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0125535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068460
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090362
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0392108
IRS990ScheduleA/TotalSupportAmt0392212
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Lighthouse Leasehold Expenses $44679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Kid's Cafe Food Expense $31021
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Share Shop Expenses $3409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Giving Tree $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Dues & Subscriptions $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Paypal Fees $116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9lEASEHOLD IMPROVEMENTS IN PROGRESS - Beginning $44679 lEASEHOLD IMPROVEMENTS IN PROGRESS - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICHOLE SORENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARE LIFE
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0812134246
ReturnHeader/Filer/PhoneNum06413575291
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7
ReturnHeader/Filer/USAddress/CityNm0CLEAR LAKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050428
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202032164
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & BRANT PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 PLAZA DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLEAR LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050428
ReturnHeader/PreparerPersonGrp/PhoneNum06413575291
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kristan M Brant CPA
ReturnHeader/ReturnTs02023-11-14T08:13:31-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICHOLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SORENSEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,309
Liabilities
-
Net assets
$90,309
Revenue
$42,767
Expenses
$82,602
Net income
-$39,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.42$0.48$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.96$0.56$0.50$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.43$0.83$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.30$1.30$0.65$1.13$0.48
2020Detailed filing. Detailed filing data is available for this year.$1.78$1.78$1.26$0.43$0.83
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.94$0.68$0.21$0.47