Civic Intelligence

Sharing Inc.

990 • Fiscal year 2023 • EIN 83-3636047

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

6101 Gushee St 1599Felton, CA 95018

(502) 500-8000

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.06x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

60th percentile

9.9%

Higher net margin than 60% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$85,222

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

87th percentile

47%

Faster asset growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

14%

Faster revenue growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$442,491

Up $142,419 (+47%) from 2022

Net Assets

Up

$415,368

Up $130,970 (+46%) from 2022

Liabilities

Up

$27,123

Up $11,449 (+73%) from 2022

Revenue

Up

$651,940

Up $78,581 (+14%) from 2022

Expenses

Up

$587,441

Up $96,082 (+20%) from 2022

Net Income

Down

$64,499

Down $17,501 (-21%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $1Liabilities 2019: $02019Assets 2020: $469,571Liabilities 2020: $362,742Net Assets 2020: $106,8292020Assets 2021: $250,519Liabilities 2021: $48,121Net Assets 2021: $202,3982021Assets 2022: $300,072Liabilities 2022: $15,674Net Assets 2022: $284,3982022Assets 2023: $442,491Liabilities 2023: $27,123Net Assets 2023: $415,3682023Assets 2024: $384,489Liabilities 2024: $17,838Net Assets 2024: $366,6512024

Highlighted filing

2023

Assets$442,491
Liabilities$27,123
Net Assets$415,368

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $377,423Expenses 2020: $270,594Net Income 2020: $106,8292020Revenue 2021: $514,966Expenses 2021: $419,397Net Income 2021: $95,5692021Revenue 2022: $573,359Expenses 2022: $491,359Net Income 2022: $82,0002022Revenue 2023: $651,940Expenses 2023: $587,441Net Income 2023: $64,4992023Revenue 2024: $563,367Expenses 2024: $612,084Net Income 2024: -$48,7172024

Highlighted filing

2023

Revenue$651,940
Expenses$587,441
Net Income$64,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$651,940
Mission and Program Overview

Mission

Shareable is a nonprofit media outlet and action network that empowers people to share for a more resilient, equitable, and joyful world. We inspire social change by publishing stories, analysis, and tools in collaboration with our global partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$337,209-
Cash and Non-Interest-Bearing Accounts$271,210$86,794▼ $184,416
Accounts Receivable$27,718$17,301▼ $10,417
Prepaid Expenses and Deferred Charges$1,144$1,187▲ $43
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$300,072$442,491▲ $142,419
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,876$21,873▲ $19,997
Other Liabilities$13,798--
Deferred Revenue-$5,250-
Total Liabilities$15,674$27,123▲ $11,449
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$284,398$415,368▲ $130,970
Total Net Assets Fund Balance$284,398$415,368▲ $130,970
Total Liabilities and Net Assets / Fund Balance$300,072$442,491▲ $142,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas LlewellynInterim Ex DirectorPT$84,850$372$85,222

Board Members and Trustees

NameTitle
Julian AgyemanChair
Neal GorenfloPresident
Apurva IyengarBoard Member
Daniel GoldmanBoard Member
Nicols ChestaBoard Member
Michael StollSecretary
Laurie SchecterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$566,968
Program Service Revenue
$82,137
Investment Income
$2,835
Other Revenue
$0
All Other Contributions
$566,968
Change in Net Assets
$64,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$418,906
Other Expenses$168,535
Total Fundraising Expense$111,134
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$115,297$72,212$67,708$255,217
Fees for Services Other$35,760$64,678-$100,438
Current Officers, Directors, Trustees, and Key Employees$38,499$24,113$22,609$85,221
Other Employee Benefits$21,953$13,749$12,892$48,594
Payroll Taxes$13,496$8,453$7,925$29,874
Conferences and Meetings$1,421$9,302-$10,723
Fees for Services Accounting-$6,924-$6,924
Insurance-$4,706-$4,706
Office Expenses$297$2,184-$2,481
Other Expenses$2,000$2,934-$2,000
Information Technology$597$1,375-$1,972
All Other Expenses$656$1,256-$1,912
Advertising$363$660-$1,023
Fees for Services Legal-$833-$833
Total Functional Expenses$257,909$218,398$111,134$587,441
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Returns are prepared by independent CPA Firm and a draft is reviewed by the executive staff and the Board Treasurer. After the returns are reviewed and any edits are made, the Board of Directors then approves the returns for filing.

Form 990, Part VI, Section B, Line 12C

There is a Google Form that gets filled out annually, with results going to Executive Committee. Exec.Cte. determines if any disclosures need to be brought to the board for discussion.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sharing Inc
EIN
83-3636047
Phone
5025008000
Address
6101 Gushee St 1599, Felton, CA 95018

Signing Officer

Name
Laurie Schecter
Title
Treasurer
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie Schecter
Formed
2019
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
7

Preparer

Firm
MUN CPAs LLP
Address
2901 Douglas Blvd, Roseville, CA 95661
Preparer
Erica Pastor
Phone
9167744208
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization, pursuant to a determination letter from the Internal Revenue Service, is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue code and Section 23701(d) of the California Revenue and Taxation Code. Therefore, no provision for income taxes has been made.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at December 31, 2023.

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

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IRS990/Desc02023 program accomplishments include:* SolidarityWorks: Training and support program for organizers of new social infrastructure projects. Launched new program with 65 national participants in our inaugural Emergency Battery Network Co-Lab, resulting in the initiation of 15 new neighborhood-scale networks. * Rural Power Coalition (RPC): Multistakeholder coalition advocating for democratic and sustainable transition to clean power in rural communities. As a strategic partner, we helped design the implementation/distribution guidelines for over $10B for Rural Electric Co-ops in the Inflation Reduction Act, the most significant investment for rural electrification in the US since the 1930s! Shareable led communications for RPC.* Cities@Tufts: Lecture series uplifting diverse perspectives in urban planning. We co-hosted 12 Cities@Tufts virtual lectures with Tufts University this year. To date, Shareable has reached 40K readers and viewers of Cities@Tufts by turning lectures into publicly available podcasts, videos, transcripts, and more.* The Response podcast: Podcast highlighting stories of community resilience. We produced 24 new interview episodes. Two episodes aired on over 150 radio stations, reaching ~100,000 listeners each through our partnership with Making Contact.* Editorial: Solutions-based journalism highlighting community groups around the world. Editorial content on Shareable.net attracts ~30,000 visits/month (more than 15M lifetime page views). This year, we produced over 50 solutions-based articles.
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IRS990/OtherExpensesGrp/TotalAmt021841
IRS990/OtherExpensesGrp/TotalAmt111658
IRS990/OtherExpensesGrp/TotalAmt22024
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherLiabilitiesGrp/BOYAmt013798
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt067708
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072212
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0115297
IRS990/OtherSalariesAndWagesGrp/TotalAmt0255217
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07925
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08453
IRS990/PayrollTaxesGrp/ProgramServicesAmt013496
IRS990/PayrollTaxesGrp/TotalAmt029874
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01144
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01187
IRS990/PrincipalOfficerNm0Laurie Schecter
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IRS990/ProgramServiceRevenueGrp/Desc0Contract Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Other Service Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11637
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0510095
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01391
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt090791
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IRS990/PYRevenuesLessExpensesAmt082000
IRS990/PYSalariesCompEmpBnftPaidAmt0400568
IRS990/PYTotalExpensesAmt0491359
IRS990/PYTotalRevenueAmt0573359
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IRS990/ReconcilationRevenueExpnssAmt064499
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0337209
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0566968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0510095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117319
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01336
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0368
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05930
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0205478
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117319
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01245041
IRS990ScheduleA/TotalSupportAmt01250971
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization, pursuant to a determination letter from the Internal Revenue Service, is exempt from Federal and State income taxes under Section 501(c)(3) of the Internal Revenue code and Section 23701(d) of the California Revenue and Taxation Code. Therefore, no provision for income taxes has been made.The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at December 31, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Returns are prepared by independent CPA Firm and a draft is reviewed by the executive staff and the Board Treasurer. After the returns are reviewed and any edits are made, the Board of Directors then approves the returns for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There is a Google Form that gets filled out annually, with results going to Executive Committee. Exec.Cte. determines if any disclosures need to be brought to the board for discussion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0300072
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IRS990/TotalAssetsGrp/BOYAmt0300072
IRS990/TotalAssetsGrp/EOYAmt0442491
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0218398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0257909
IRS990/TotalFunctionalExpensesGrp/TotalAmt0587441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015674
IRS990/TotalLiabilitiesEOYAmt027123
IRS990/TotalLiabilitiesGrp/BOYAmt015674
IRS990/TotalLiabilitiesGrp/EOYAmt027123
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0284398
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0415368
IRS990/TotalOtherCompensationAmt0372
IRS990/TotalProgramServiceExpensesAmt0257909
IRS990/TotalProgramServiceRevenueAmt082137
IRS990/TotalReportableCompFromOrgAmt084850
IRS990/TotalRevenueGrp/ExclusionAmt02835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt082137
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0651940
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0300072
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0442491
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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