Civic Intelligence

Sharon Towers Foundation

990 • Fiscal year 2023 • EIN 86-3815687

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

Organization ProfileWWW.SHARONTOWERS.ORG
5100 Sharon RoadCharlotte, NC 28210

(704) 553-1670

Siviq Scores

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

Liabilities / Assets

25th percentile

0.06x

Higher debt load relative to assets than 25% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.17x

Higher debt load relative to revenue than 24% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Net Margin

97th percentile

92%

Higher net margin than 97% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$289,109

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2023 filings • NTEE L • $1M-$5M nonprofits • Source year 2023

Asset Growth

95th percentile

54%

Faster asset growth than 95% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

7.3%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$3,135,705

Up $1,105,394 (+54%) from 2022

Net Assets

Up

$2,942,715

Up $1,019,795 (+53%) from 2022

Liabilities

Up

$192,990

Up $85,599 (+80%) from 2022

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin97th percentile

Revenue

Up

$1,105,395

Up $75,085 (+7.3%) from 2022

Expenses

Down

$85,600

Down $16,900 (-16%) from 2022

Net Income

Up

$1,019,795

Up $91,985 (+9.9%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $1,000,000Liabilities 2021: $4,890Net Assets 2021: $995,1102021Assets 2022: $2,030,311Liabilities 2022: $107,391Net Assets 2022: $1,922,9202022Assets 2023: $3,135,705Liabilities 2023: $192,990Net Assets 2023: $2,942,7152023Assets 2024: $3,826,848Liabilities 2024: $236,412Net Assets 2024: $3,590,4362024

Highlighted filing

2023

Assets$3,135,705
Liabilities$192,990
Net Assets$2,942,715
Open 2023 Filing

Operations Trend

Revenue Growth62nd percentile

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

$1.5M$1.0M$500K$0Revenue 2021: $1,000,000Expenses 2021: $4,890Net Income 2021: $995,1102021Revenue 2022: $1,030,310Expenses 2022: $102,500Net Income 2022: $927,8102022Revenue 2023: $1,105,395Expenses 2023: $85,600Net Income 2023: $1,019,7952023Revenue 2024: $691,291Expenses 2024: $43,570Net Income 2024: $647,7212024

Highlighted filing

2023

Revenue$1,105,395
Expenses$85,600
Net Income$1,019,795
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 1, 2024
Return Version
2023v5.1
Gross Receipts
$1,105,395
Mission and Program Overview

Mission

Sharon towers foundation exists solely for the benefit of the presbyterian home at charlotte, inc., (d/b/a sharon towers) and its residents.

The foundation provision of goods, services, or funds is limited to sharon towers and its residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$3,135,705-
Rtn Earn Endowment Incm Other Fnds$1,922,920$2,942,715▲ $1,019,795
Cash and Non-Interest-Bearing Accounts$2,030,311--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,030,311$3,135,705▲ $1,105,394
Liabilities
Accounts Payable and Accrued Expenses$107,391$192,990▲ $85,599
Total Liabilities$107,391$192,990▲ $85,599
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,922,920$2,942,715▲ $1,019,795
Total Liabilities and Net Assets / Fund Balance$2,030,311$3,135,705▲ $1,105,394
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Ned McconnellChair
Angela RigsbeePresident & CEO
Vincent PrattVice Chair
Charles GaskinsCFO
Katherine RichardsSecretary
Kelly GravesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,200
Program Service Revenue
$0
Investment Income
$105,195
Other Revenue
$0
All Other Contributions
$200
Change in Net Assets
$1,019,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$78,820
Other Expenses$6,780
Total Fundraising Expense$6,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$74,723--$74,723
Fees for Services Other--$6,780$6,780
Payroll Taxes$4,097--$4,097
Total Functional Expenses$78,820$0$6,780$85,600
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“During 2023, the organization changed its name to the sharon foundation.”

Form 990, Part VI, Section A, Line 8B

“Currently the organization has no committees to which the board delegates authority.”

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

“Redacted form 990 to be reviewed by the presbyterian home at charlotte, inc. Executive committee after reviewed by ceo and cfo.”

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

“Board members complete a conflict of interest statement disclosing any potential conflicts of interest; board members abstain from any decision/vote that may be a conflict of interest.”

Form 990, Part VI, Section B, Line 15A

“The sharon foundation does not pay the compensation for the officers of the organization instead, compensation is paid by its member organization, the sharon at southpark. The sharon does not have an external review, however, the executive committee of the sharon at southparks board serves as the compensation committee. The committee is given a wage and salary survey conducted annually by the leadingage national and the hospital and health care compensation service. The survey consists of data from other continuing care retirement communities (ccrc's) for the entire country. The deliberation and decision is then documented and placed in the ceo's file held by the board chair. A copy is also kept in the the sharon at southpark's human resources records.”

Form 990, Part VI, Section C, Line 19

“The organization will make its governing documents, written policies, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Sharon Foundation
EIN
86-3815687
Phone
7045531670
Address
5100 SHARON ROAD, CHARLOTTE, NC 28210

Signing Officer

Name
Angela Rigsbee
Title
President and CEO
Phone
7045531670
Signed
2024-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Rigsbee
Formed
2021
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
227 WEST TRADE STREET SUITE 800, CHARLOTTE, NC 28202
Preparer
Katherine a Warlick
Phone
7049985200
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The sharon and the foundation have been recognized by the internal revenue service as exempt from income taxes under internal revenue code section 501(c)(3). The sharon and the foundation file as tax-exempt organizations. Management is not aware of any activities that would jeopardize their tax-exempt status. Management is not aware of any activities that are subjected to tax on unrelated business income or excise or other taxes. The sharon and the foundation follow guidance in the income tax standard regarding recognition and measurement of uncertain tax positions. The application of the standard has had no impact on the consolidated financial statements.”

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SHARON AND THE FOUNDATION HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE SHARON AND THE FOUNDATION FILE AS TAX-EXEMPT ORGANIZATIONS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECTED TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE SHARON AND THE FOUNDATION FOLLOW GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THE STANDARD HAS HAD NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09220
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt18022
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt018935
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt124879
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02012
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt110667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANGELA RIGSBEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHARLES GASKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0289109
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1261628
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION FOR THE PRESIDENT/CEO AND THE CFO IS SET BY A RELATED ORGANIZATION, SHARON TOWERS. SHARON TOWERS DOES NOT HAVE AN EXTERNAL REVIEW, HOWEVER, THE EXECUTIVE COMMITTEE OF THE SHARON TOWERS BOARD SERVES AS THE COMPENSATION COMMITTEE. THE COMMITTEE IS GIVEN A WAGE AND SALARY SURVEY CONDUCTED ANNUALLY BY THE LEADINGAGE NATIONAL AND THE HOSPITAL AND HEALTH CARE COMPENSATION SERVICE. THE SURVEY CONSISTS OF DATA FROM OTHER CONTINUING CARE RETIREMENT COMMUNITIES (CCRC'S) FOR THE ENTIRE COUNTRY. THE DELIBERATION AND DECISION IS THEN DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE SHARON TOWER'S HUMAN RESOURCES RECORDS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1CEO, CFO, & VP'S HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2CEO, CFO, & VP'S HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt3CEO, CFO, AND VP'S HAD CERTAIN NON-FINANCIAL GOALS TO MEET IN ORDER TO RECEIVE A PORTION OF THEIR BONUS
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 5
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I, LINE 6
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc3PART I, LINE 7
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING 2023, THE ORGANIZATION CHANGED ITS NAME TO THE SHARON FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CURRENTLY THE ORGANIZATION HAS NO COMMITTEES TO WHICH THE BOARD DELEGATES AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REDACTED FORM 990 TO BE REVIEWED BY THE PRESBYTERIAN HOME AT CHARLOTTE, INC. EXECUTIVE COMMITTEE AFTER REVIEWED BY CEO AND CFO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST; BOARD MEMBERS ABSTAIN FROM ANY DECISION/VOTE THAT MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SHARON FOUNDATION DOES NOT PAY THE COMPENSATION FOR THE OFFICERS OF THE ORGANIZATION INSTEAD, COMPENSATION IS PAID BY ITS MEMBER ORGANIZATION, THE SHARON AT SOUTHPARK. THE SHARON DOES NOT HAVE AN EXTERNAL REVIEW, HOWEVER, THE EXECUTIVE COMMITTEE OF THE SHARON AT SOUTHPARKS BOARD SERVES AS THE COMPENSATION COMMITTEE. THE COMMITTEE IS GIVEN A WAGE AND SALARY SURVEY CONDUCTED ANNUALLY BY THE LEADINGAGE NATIONAL AND THE HOSPITAL AND HEALTH CARE COMPENSATION SERVICE. THE SURVEY CONSISTS OF DATA FROM OTHER CONTINUING CARE RETIREMENT COMMUNITIES (CCRC'S) FOR THE ENTIRE COUNTRY. THE DELIBERATION AND DECISION IS THEN DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE THE SHARON AT SOUTHPARK'S HUMAN RESOURCES RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, WRITTEN POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PRESBYTERIAN HOME AT CHARLOTTE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0566064816
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RETIREMENT COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05100 SHARON ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02030311
IRS990/TotalAssetsEOYAmt03135705
IRS990/TotalAssetsGrp/BOYAmt02030311
IRS990/TotalAssetsGrp/EOYAmt03135705
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01000200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06780
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt078820
IRS990/TotalFunctionalExpensesGrp/TotalAmt085600
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0107391
IRS990/TotalLiabilitiesEOYAmt0192990
IRS990/TotalLiabilitiesGrp/BOYAmt0107391
IRS990/TotalLiabilitiesGrp/EOYAmt0192990
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01922920
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02942715
IRS990/TotalOtherCompensationAmt061056
IRS990/TotalProgramServiceExpensesAmt078820
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0105195
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01105395
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02030311
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03135705
IRS990/TotReportableCompRltdOrgAmt0489681
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05100 SHARON ROAD
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028210
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.SHARONTOWERS.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELA RIGSBEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum07045531670
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SHARON FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SHAR
ReturnHeader/Filer/EIN0863815687
ReturnHeader/Filer/PhoneNum07045531670
ReturnHeader/Filer/USAddress/AddressLine1Txt05100 SHARON ROAD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,135,705
Liabilities
$192,990
Net assets
$2,942,715
Revenue
$1,105,395
Expenses
$85,600
Net income
$1,019,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.24$3.59$0.69$0.04$0.65
2023Detailed filing. Detailed filing data is available for this year.$3.14$0.19$2.94$1.11$0.09$1.02
2022Detailed filing. Detailed filing data is available for this year.$2.03$0.11$1.92$1.03$0.10$0.93
2021Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$1.00$0.00$1.00