Civic Intelligence

Share-Ws Inc.

990 • Fiscal year 2020 • EIN 82-4465935

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 03, 2021

603 Peters Creek ParkwayWinstonsalem, NC 27103

(336) 793-4280

Siviq Scores

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

Liabilities / Assets

89th percentile

0.34x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.20x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Net Margin

81st percentile

49%

Higher net margin than 81% of similar nonprofits.

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2020 filings • NTEE K • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$91,100

No earlier filing loaded for comparison.

Net Assets

$60,471

No earlier filing loaded for comparison.

Liabilities

$30,629

No earlier filing loaded for comparison.

Revenue

$156,940

No earlier filing loaded for comparison.

Expenses

$80,374

No earlier filing loaded for comparison.

Net Income

$76,566

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2020: $91,100Liabilities 2020: $30,629Net Assets 2020: $60,4712020Assets 2021: $374,638Liabilities 2021: $1,182Net Assets 2021: $373,4562021Assets 2022: $1,791,158Liabilities 2022: $652,051Net Assets 2022: $1,139,1072022

Highlighted filing

2020

Assets$91,100
Liabilities$30,629
Net Assets$60,471

Operations Trend

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

$1.0M$500K$0Revenue 2020: $156,940Expenses 2020: $80,374Net Income 2020: $76,5662020Revenue 2021: $391,755Expenses 2021: $307,781Net Income 2021: $83,9742021Revenue 2022: $978,955Expenses 2022: $204,829Net Income 2022: $774,1262022

Highlighted filing

2020

Revenue$156,940
Expenses$80,374
Net Income$76,566
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 3, 2021
Return Version
2020v4.0
Gross Receipts
$156,940
Mission and Program Overview

Mission

Winston-salem, nc, the principal city in forsyth county, has multiple "food deserts,- or residential areas where there are no full-service grocery stores, offering produce and other fresh foods, within a radius of one mile. These "food deserts" are located in areas of the city where the median family income is at or near the federal poverty level. According to a 2017 study commissioned by the city of winston-salem, an estimated 17% of forsyth county residents experienced food insecurity in 2014. An estimated 38% of poor forsyth county residents live in a "food desert," in a county with a population of over 360,000. Residents of "food deserts" are normally afflicted by multiple disadvantages. They typically lack reliable transportation, which diminishes their opportunity for living wage employment and access to healthy food options. Their predicament results in their perception of having no alternatives except to utilize local convenience stores and other fast food options. Therefore, t

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,612$89,817▲ $86,205
Prepaid Expenses and Deferred Charges-$1,283-
Total Assets$3,612$91,100▲ $87,488
Liabilities
Other Liabilities$19,407$27,731▲ $8,324
Accounts Payable and Accrued Expenses$300$2,898▲ $2,598
Total Liabilities$19,707$30,629▲ $10,922
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-27,695$35,021▲ $62,716
Net Assets With Donor Restrictions$11,600$25,450▲ $13,850
Total Net Assets Fund Balance$-16,095$60,471▲ $76,566
Total Liabilities and Net Assets / Fund Balance$3,612$91,100▲ $87,488

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$37,522$37,522
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary WilliamsExecutive Di
Ralph PeeplesSecretary
Richie WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,940
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$129,000
Change in Net Assets
$76,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,374
Total Fundraising Expense$1,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$28,163--$28,163
Occupancy$19,061$6,354-$25,415
Fees for Services Other$5,973$2,463-$8,436
Fees for Services Accounting$5,247$1,749-$6,996
Office Expenses$845$4,825-$5,670
Information Technology$2,660--$2,660
Advertising--$1,420$1,420
Travel$863$288-$1,151
Insurance-$224-$224
Other Expenses-$43-$43
Total Functional Expenses$62,812$16,142$1,420$80,374
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Share Coop$27,731
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Share-ws Inc
EIN
82-4465935
Phone
3367934280
Address
603 PETERS CREEK PARKWAY, WINSTONSALEM, NC 27103

Signing Officer

Name
Gary Williams
Title
Executive Director
Phone
3367934280
Signed
2021-08-03

Organization Details

Principal Officer
Gary Williams
Formed
2018
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Leah B Noel CPA Pc
Address
14 S PACK SQ 503, ASHEVILLE, NC 28801
Preparer
Leah B Noel CPA
Phone
8283334529
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Winston-salem, nc, the principal city in forsyth county, has multiple "food deserts,- or residential areas where there are no full-service grocery stores, offering produce and other fresh foods, within a radius of one mile. These "food deserts" are located in areas of the city where the median family income is at or near the federal poverty level. According to a 2017 study commissioned by the city of winston-salem, an estimated 17% of forsyth county residents experienced food insecurity in 2014. An estimated 38% of poor forsyth county residents live in a "food desert," in a county with a population of over 360,000. Residents of "food deserts" are normally afflicted by multiple disadvantages. They typically lack reliable transportation, which diminishes their opportunity for living wage employment and access to healthy food options. Their predicament results in their perception of having no alternatives except to utilize local convenience stores and other fast food options. Therefore, the overall value of what they typically access is restricted, diminished, and overpriced. Education which includes cooking, nutrition, and food shopping, can address these misconceptions. For many residents of "food deserts" the primary consequence is the reduced access to healthy, nutritious food, and other healthy alternatives. Food insecurity unquestionably adds to serious health problems, such as type 1 diabetes, hypertension and obesity. Share-ws, inc., plans, as a key part of its mission, the goals of providing advocacy and food education for the winston-salem/ forsyth county community about nutrition, good eating habits, and healthy food choices. Share-ws, inc., will work with food consortiums and local government agencies to establish food policy and will advocate for sustainable food production, job creation and local commerce. Share-ws, inc., is an autonomous organization; separate from the share cooperative of winston-salem. While the share cooperative of winston-salem plans to establish a grocery store which will be owned by the members of the cooperative, share-ws, inc. Has no plans to be a grocery store or to sell food. Because of the demographics inherent with food deserts, it is particularly important to advise "low- income" residents, to consider the benefits of being collaborative. By promoting the establishment of member-owned grocery stores in low-income areas, share-ws, inc., will encourage the economic development of the communities where the stores provide jobs and economic viability. Share-ws, inc., will continue to organize and promote wellness through food, and work on developing policies and remedies that eliminate systemic food insecurity.

Form 990, Page 2, Part III, Line 4A

Share is establishing "a full-service retail food market in a food desert," in winston-salem, north carolina. Our vision is to provide wholesome, fresh food, at a reasonable price, thereby eliminating food insecurity for an underserved population. The share food market (dba, the harvest market) will off-set "food insecurity," help business development, and create jobs within the community. Share has been working on this project for more than 4 years. In that time: - our member base has expanded to more than 450 members. - we have mobilized funding from multiple sources, including members and foundations. - contractors and vendors for architectural drawings and food service equipment have been acquired. - we implemented our ecommerce site to actively begin selling groceries through our point-of-sale system. - opened and operating the sale of foods through our beta-site (the harvest mini market). - hired an ecommerce coordinator and several staff members, - initiated and operating our food pharmacy project; a collaboration with the united health centers, winston-salem, nc., to give patients food vouchers to improve their health, and we have - secured the services of a local accounting firm for our bookkeeping and financial reporting needs. Construction within the main store in the west salem shopping center, has begun. We anticipate a store opening in 8-10 months. This community and economic initiative, with your help, would improve public health through healthy food, create approximately 26 jobs, and produce measurable community & economic development.

Form 990, Part IX, Line 11G

Professional fees 760 0 0 dues & subscriptions 0 726 0 professional development 5,213 1,737 0 total 5,973 2,463 0

Raw XML Appendix290 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0300
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02898
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WINSTON-SALEM, NC, THE PRINCIPAL CITY IN FORSYTH COUNTY, HAS MULTIPLE "FOOD DESERTS,- OR RESIDENTIAL AREAS WHERE THERE ARE NO FULL-SERVICE GROCERY STORES, OFFERING PRODUCE AND OTHER FRESH FOODS, WITHIN A RADIUS OF ONE MILE. THESE "FOOD DESERTS" ARE LOCATED IN AREAS OF THE CITY WHERE THE MEDIAN FAMILY INCOME IS AT OR NEAR THE FEDERAL POVERTY LEVEL. ACCORDING TO A 2017 STUDY COMMISSIONED BY THE CITY OF WINSTON-SALEM, AN ESTIMATED 17% OF FORSYTH COUNTY RESIDENTS EXPERIENCED FOOD INSECURITY IN 2014. AN ESTIMATED 38% OF POOR FORSYTH COUNTY RESIDENTS LIVE IN A "FOOD DESERT," IN A COUNTY WITH A POPULATION OF OVER 360,000. RESIDENTS OF "FOOD DESERTS" ARE NORMALLY AFFLICTED BY MULTIPLE DISADVANTAGES. THEY TYPICALLY LACK RELIABLE TRANSPORTATION, WHICH DIMINISHES THEIR OPPORTUNITY FOR LIVING WAGE EMPLOYMENT AND ACCESS TO HEALTHY FOOD OPTIONS. THEIR PREDICAMENT RESULTS IN THEIR PERCEPTION OF HAVING NO ALTERNATIVES EXCEPT TO UTILIZE LOCAL CONVENIENCE STORES AND OTHER FAST FOOD OPTIONS. THEREFORE, T
IRS990/AdvertisingGrp/FundraisingAmt01420
IRS990/AdvertisingGrp/TotalAmt01420
IRS990/AllOtherContributionsAmt0129000
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0GARY WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum03367934280
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0603 PETERS CREEK PARKWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027103
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03612
IRS990/CashNonInterestBearingGrp/EOYAmt089817
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0156940
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt080374
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt076566
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt080374
IRS990/CYTotalFundraisingExpenseAmt01420
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0156940
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028163
IRS990/DepreciationDepletionGrp/TotalAmt028163
IRS990/Desc0SHARE IS ESTABLISHING "A FULL-SERVICE RETAIL FOOD MARKET IN A FOOD DESERT," IN WINSTON-SALEM, NORTH CAROLINA. OUR VISION IS TO PROVIDE WHOLESOME, FRESH FOOD, AT A REASONABLE PRICE, THEREBY ELIMINATING FOOD INSECURITY FOR AN UNDERSERVED POPULATION. THE SHARE FOOD MARKET (DBA, THE HARVEST MARKET) WILL OFF-SET "FOOD INSECURITY," HELP BUSINESS DEVELOPMENT, AND CREATE JOBS WITHIN THE COMMUNITY. SHARE HAS BEEN WORKING ON THIS PROJECT FOR MORE THAN 4 YEARS. IN THAT TIME: - OUR MEMBER BASE HAS EXPANDED TO MORE THAN 450 MEMBERS. - WE HAVE MOBILIZED FUNDING FROM MULTIPLE SOURCES, INCLUDING MEMBERS AND FOUNDATIONS. - CONTRACTORS AND VENDORS FOR ARCHITECTURAL DRAWINGS AND FOOD SERVICE EQUIPMENT HAVE BEEN ACQUIRED. - WE IMPLEMENTED OUR ECOMMERCE SITE TO ACTIVELY BEGIN SELLING GROCERIES THROUGH OUR POINT-OF-SALE SYSTEM. - OPENED AND OPERATING THE SALE OF FOODS THROUGH OUR BETA-SITE (THE HARVEST MINI MARKET). - HIRED AN ECOMMERCE COORDINATOR AND SEVERAL STAFF MEMBERS, - INITIATED AND OPERATING OUR FOOD PHARMACY PROJECT; A COLLABORATION WITH THE UNITED HEALTH CENTERS, WINSTON-SALEM, NC., TO GIVE PATIENTS FOOD VOUCHERS TO IMPROVE THEIR HEALTH, AND WE HAVE - SECURED THE SERVICES OF A LOCAL ACCOUNTING FIRM FOR OUR BOOKKEEPING AND FINANCIAL REPORTING NEEDS. CONSTRUCTION WITHIN THE MAIN STORE IN THE WEST SALEM SHOPPING CENTER, HAS BEGUN. WE ANTICIPATE A STORE OPENING IN 8-10 MONTHS. THIS COMMUNITY AND ECONOMIC INITIATIVE, WITH YOUR HELP, WOULD IMPROVE PUBLIC HEALTH THROUGH HEALTHY FOOD, CREATE APPROXIMATELY 26 JOBS, AND PRODUCE MEASURABLE COMMUNITY & ECONOMIC DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt011600
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt025450
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt062812
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01749
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05247
IRS990/FeesForServicesAccountingGrp/TotalAmt06996
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02463
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05973
IRS990/FeesForServicesOtherGrp/TotalAmt08436
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0RALPH PEEPLES
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2GARY WILLIAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt027940
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0156940
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02660
IRS990/InformationTechnologyGrp/TotalAmt02660
IRS990/InsuranceGrp/ManagementAndGeneralAmt0224
IRS990/InsuranceGrp/TotalAmt0224
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt037522
IRS990/LandBldgEquipCostOrOtherBssAmt037522
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WINSTON-SALEM, NC, THE PRINCIPAL CITY IN FORSYTH COUNTY, HAS MULTIPLE "FOOD DESERTS,- OR RESIDENTIAL AREAS WHERE THERE ARE NO FULL-SERVICE GROCERY STORES, OFFERING PRODUCE AND OTHER FRESH FOODS, WITHIN A RADIUS OF ONE MILE. THESE "FOOD DESERTS" ARE LOCATED IN AREAS OF THE CITY WHERE THE MEDIAN FAMILY INCOME IS AT OR NEAR THE FEDERAL POVERTY LEVEL. ACCORDING TO A 2017 STUDY COMMISSIONED BY THE CITY OF WINSTON-SALEM, AN ESTIMATED 17% OF FORSYTH COUNTY RESIDENTS EXPERIENCED FOOD INSECURITY IN 2014. AN ESTIMATED 38% OF POOR FORSYTH COUNTY RESIDENTS LIVE IN A "FOOD DESERT," IN A COUNTY WITH A POPULATION OF OVER 360,000. RESIDENTS OF "FOOD DESERTS" ARE NORMALLY AFFLICTED BY MULTIPLE DISADVANTAGES. THEY TYPICALLY LACK RELIABLE TRANSPORTATION, WHICH DIMINISHES THEIR OPPORTUNITY FOR LIVING WAGE EMPLOYMENT AND ACCESS TO HEALTHY FOOD OPTIONS. THEIR PREDICAMENT RESULTS IN THEIR PERCEPTION OF HAVING NO ALTERNATIVES EXCEPT TO UTILIZE LOCAL CONVENIENCE STORES AND OTHER FAST FOOD OPTIONS. THEREFORE, T
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-16095
IRS990/NetAssetsOrFundBalancesEOYAmt060471
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-27695
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt035021
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06354
IRS990/OccupancyGrp/ProgramServicesAmt019061
IRS990/OccupancyGrp/TotalAmt025415
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04825
IRS990/OfficeExpensesGrp/ProgramServicesAmt0845
IRS990/OfficeExpensesGrp/TotalAmt05670
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0TAXES & LICENSES
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0152
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt144
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt243
IRS990/OtherExpensesGrp/TotalAmt0152
IRS990/OtherExpensesGrp/TotalAmt144
IRS990/OtherExpensesGrp/TotalAmt243
IRS990/OtherLiabilitiesGrp/BOYAmt019407
IRS990/OtherLiabilitiesGrp/EOYAmt027731
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01283
IRS990/PrincipalOfficerNm0GARY WILLIAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015850
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt031945
IRS990/PYRevenuesLessExpensesAmt0-16095
IRS990/PYTotalExpensesAmt031945
IRS990/PYTotalRevenueAmt015850
IRS990/ReconcilationRevenueExpnssAmt076566
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0156940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0156940
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0156940
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0156940
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0156940
IRS990ScheduleA/TotalSupportAmt0156940
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037522
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037522
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SHARE COOP
IRS990ScheduleD/TotalLiabilityAmt027731
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WINSTON-SALEM, NC, THE PRINCIPAL CITY IN FORSYTH COUNTY, HAS MULTIPLE "FOOD DESERTS,- OR RESIDENTIAL AREAS WHERE THERE ARE NO FULL-SERVICE GROCERY STORES, OFFERING PRODUCE AND OTHER FRESH FOODS, WITHIN A RADIUS OF ONE MILE. THESE "FOOD DESERTS" ARE LOCATED IN AREAS OF THE CITY WHERE THE MEDIAN FAMILY INCOME IS AT OR NEAR THE FEDERAL POVERTY LEVEL. ACCORDING TO A 2017 STUDY COMMISSIONED BY THE CITY OF WINSTON-SALEM, AN ESTIMATED 17% OF FORSYTH COUNTY RESIDENTS EXPERIENCED FOOD INSECURITY IN 2014. AN ESTIMATED 38% OF POOR FORSYTH COUNTY RESIDENTS LIVE IN A "FOOD DESERT," IN A COUNTY WITH A POPULATION OF OVER 360,000. RESIDENTS OF "FOOD DESERTS" ARE NORMALLY AFFLICTED BY MULTIPLE DISADVANTAGES. THEY TYPICALLY LACK RELIABLE TRANSPORTATION, WHICH DIMINISHES THEIR OPPORTUNITY FOR LIVING WAGE EMPLOYMENT AND ACCESS TO HEALTHY FOOD OPTIONS. THEIR PREDICAMENT RESULTS IN THEIR PERCEPTION OF HAVING NO ALTERNATIVES EXCEPT TO UTILIZE LOCAL CONVENIENCE STORES AND OTHER FAST FOOD OPTIONS. THEREFORE, THE OVERALL VALUE OF WHAT THEY TYPICALLY ACCESS IS RESTRICTED, DIMINISHED, AND OVERPRICED. EDUCATION WHICH INCLUDES COOKING, NUTRITION, AND FOOD SHOPPING, CAN ADDRESS THESE MISCONCEPTIONS. FOR MANY RESIDENTS OF "FOOD DESERTS" THE PRIMARY CONSEQUENCE IS THE REDUCED ACCESS TO HEALTHY, NUTRITIOUS FOOD, AND OTHER HEALTHY ALTERNATIVES. FOOD INSECURITY UNQUESTIONABLY ADDS TO SERIOUS HEALTH PROBLEMS, SUCH AS TYPE 1 DIABETES, HYPERTENSION AND OBESITY. SHARE-WS, INC., PLANS, AS A KEY PART OF ITS MISSION, THE GOALS OF PROVIDING ADVOCACY AND FOOD EDUCATION FOR THE WINSTON-SALEM/ FORSYTH COUNTY COMMUNITY ABOUT NUTRITION, GOOD EATING HABITS, AND HEALTHY FOOD CHOICES. SHARE-WS, INC., WILL WORK WITH FOOD CONSORTIUMS AND LOCAL GOVERNMENT AGENCIES TO ESTABLISH FOOD POLICY AND WILL ADVOCATE FOR SUSTAINABLE FOOD PRODUCTION, JOB CREATION AND LOCAL COMMERCE. SHARE-WS, INC., IS AN AUTONOMOUS ORGANIZATION; SEPARATE FROM THE SHARE COOPERATIVE OF WINSTON-SALEM. WHILE THE SHARE COOPERATIVE OF WINSTON-SALEM PLANS TO ESTABLISH A GROCERY STORE WHICH WILL BE OWNED BY THE MEMBERS OF THE COOPERATIVE, SHARE-WS, INC. HAS NO PLANS TO BE A GROCERY STORE OR TO SELL FOOD. BECAUSE OF THE DEMOGRAPHICS INHERENT WITH FOOD DESERTS, IT IS PARTICULARLY IMPORTANT TO ADVISE "LOW- INCOME" RESIDENTS, TO CONSIDER THE BENEFITS OF BEING COLLABORATIVE. BY PROMOTING THE ESTABLISHMENT OF MEMBER-OWNED GROCERY STORES IN LOW-INCOME AREAS, SHARE-WS, INC., WILL ENCOURAGE THE ECONOMIC DEVELOPMENT OF THE COMMUNITIES WHERE THE STORES PROVIDE JOBS AND ECONOMIC VIABILITY. SHARE-WS, INC., WILL CONTINUE TO ORGANIZE AND PROMOTE WELLNESS THROUGH FOOD, AND WORK ON DEVELOPING POLICIES AND REMEDIES THAT ELIMINATE SYSTEMIC FOOD INSECURITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SHARE IS ESTABLISHING "A FULL-SERVICE RETAIL FOOD MARKET IN A FOOD DESERT," IN WINSTON-SALEM, NORTH CAROLINA. OUR VISION IS TO PROVIDE WHOLESOME, FRESH FOOD, AT A REASONABLE PRICE, THEREBY ELIMINATING FOOD INSECURITY FOR AN UNDERSERVED POPULATION. THE SHARE FOOD MARKET (DBA, THE HARVEST MARKET) WILL OFF-SET "FOOD INSECURITY," HELP BUSINESS DEVELOPMENT, AND CREATE JOBS WITHIN THE COMMUNITY. SHARE HAS BEEN WORKING ON THIS PROJECT FOR MORE THAN 4 YEARS. IN THAT TIME: - OUR MEMBER BASE HAS EXPANDED TO MORE THAN 450 MEMBERS. - WE HAVE MOBILIZED FUNDING FROM MULTIPLE SOURCES, INCLUDING MEMBERS AND FOUNDATIONS. - CONTRACTORS AND VENDORS FOR ARCHITECTURAL DRAWINGS AND FOOD SERVICE EQUIPMENT HAVE BEEN ACQUIRED. - WE IMPLEMENTED OUR ECOMMERCE SITE TO ACTIVELY BEGIN SELLING GROCERIES THROUGH OUR POINT-OF-SALE SYSTEM. - OPENED AND OPERATING THE SALE OF FOODS THROUGH OUR BETA-SITE (THE HARVEST MINI MARKET). - HIRED AN ECOMMERCE COORDINATOR AND SEVERAL STAFF MEMBERS, - INITIATED AND OPERATING OUR FOOD PHARMACY PROJECT; A COLLABORATION WITH THE UNITED HEALTH CENTERS, WINSTON-SALEM, NC., TO GIVE PATIENTS FOOD VOUCHERS TO IMPROVE THEIR HEALTH, AND WE HAVE - SECURED THE SERVICES OF A LOCAL ACCOUNTING FIRM FOR OUR BOOKKEEPING AND FINANCIAL REPORTING NEEDS. CONSTRUCTION WITHIN THE MAIN STORE IN THE WEST SALEM SHOPPING CENTER, HAS BEGUN. WE ANTICIPATE A STORE OPENING IN 8-10 MONTHS. THIS COMMUNITY AND ECONOMIC INITIATIVE, WITH YOUR HELP, WOULD IMPROVE PUBLIC HEALTH THROUGH HEALTHY FOOD, CREATE APPROXIMATELY 26 JOBS, AND PRODUCE MEASURABLE COMMUNITY & ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES 760 0 0 DUES & SUBSCRIPTIONS 0 726 0 PROFESSIONAL DEVELOPMENT 5,213 1,737 0 TOTAL 5,973 2,463 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03612
IRS990/TotalAssetsEOYAmt091100
IRS990/TotalAssetsGrp/BOYAmt03612
IRS990/TotalAssetsGrp/EOYAmt091100
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0156940
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01420
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016142
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062812
IRS990/TotalFunctionalExpensesGrp/TotalAmt080374
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019707
IRS990/TotalLiabilitiesEOYAmt030629
IRS990/TotalLiabilitiesGrp/BOYAmt019707
IRS990/TotalLiabilitiesGrp/EOYAmt030629
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-16095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt060471
IRS990/TotalProgramServiceExpensesAmt062812
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156940
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03612
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt091100
IRS990/TravelGrp/ManagementAndGeneralAmt0288
IRS990/TravelGrp/ProgramServicesAmt0863
IRS990/TravelGrp/TotalAmt01151
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0603 PETERS CREEK PARKWAY
IRS990/USAddress/CityNm0WINSTONSALEM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027103
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://WWW.SHARE-WS.COOP/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03367934280
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHARE-WS INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0824465935
ReturnHeader/Filer/PhoneNum03367934280
ReturnHeader/Filer/USAddress/AddressLine1Txt0603 PETERS CREEK PARKWAY
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271380715
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEAH B NOEL CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014 S PACK SQ 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028801
ReturnHeader/PreparerPersonGrp/PhoneNum08283334529
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEAH B NOEL CPA
ReturnHeader/ReturnTs02021-08-30T22:40:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WILLIAMS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings