SHAW COMMUNITY MINISTRY INC
Here's a tagline for the Shaw Community Center: "Shaw Community Center: Building Bridges, Enriching Lives, Empowering Communities."
SHAW COMMUNITY MINISTRY INC
EIN: 51-0334496
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Holistic Services To Empower Our Community
Our organization, established to support the residents of Lincoln-Westmoreland affordable housing in Shaw, now aids over 300 families through a broad spectrum of educational and social initiatives. These encompass technology, literacy, the arts, vocational training, and direct employment, enriching lives in this rapidly gentrifying locale. We aim not only to preserve the rich heritage of this historically African-American community but also to enable its members to thrive amidst the changes. Recognizing early on the pivotal role of arts and humanities in our mission, we embarked on creating a cultural repository that celebrates Black heritage, fostering a sense of pride and belonging. This initiative has blossomed into a comprehensive arts program, acknowledged for its impact on community cohesion. Our approach integrates STEAM principles, weaving together the arts and sciences to offer holistic educational experiences.
Where we work
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
1.13
Months of cash in 2023 info
6.8
Fringe rate in 2023 info
13%
Funding sources info
Assets & liabilities info
Financial data
SHAW COMMUNITY MINISTRY INC
Balance sheetFiscal Year: Oct 01 - Sep 30
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Oct 01 - Sep 30
This snapshot of SHAW COMMUNITY MINISTRY INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $39,104 | $16,077 | $35,881 | $11,529 | $60,649 |
As % of expenses | 11.2% | 2.1% | 4.1% | 1.2% | 6.0% |
Unrestricted surplus (deficit) after depreciation | $38,604 | $12,844 | $30,607 | -$5,813 | $34,051 |
As % of expenses | 11.0% | 1.7% | 3.5% | -0.6% | 3.3% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $374,126 | $787,410 | $912,969 | $976,931 | $1,071,095 |
Total revenue, % change over prior year | 3.6% | 0.0% | 15.9% | 7.0% | 9.6% |
Program services revenue | 0.0% | 0.0% | 1.1% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% |
Government grants | 50.0% | 46.9% | 72.1% | 79.5% | 70.1% |
All other grants and contributions | 49.0% | 46.7% | 20.8% | 14.6% | 24.1% |
Other revenue | 1.0% | 6.5% | 6.1% | 5.9% | 5.5% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $350,022 | $773,538 | $878,243 | $965,862 | $1,014,539 |
Total expenses, % change over prior year | -20.1% | 0.0% | 13.5% | 10.0% | 5.0% |
Personnel | 56.6% | 51.8% | 58.3% | 59.7% | 66.6% |
Professional fees | 4.9% | 1.6% | 21.4% | 17.3% | 2.1% |
Occupancy | 3.1% | 7.4% | 5.3% | 4.3% | 4.1% |
Interest | 0.0% | 0.2% | 0.5% | 1.1% | 1.1% |
Pass-through | 5.8% | 1.8% | 3.1% | 1.0% | 0.0% |
All other expenses | 29.7% | 37.3% | 11.4% | 16.7% | 26.1% |
Full cost components (estimated) info | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $350,522 | $776,771 | $883,517 | $983,204 | $1,041,137 |
One month of savings | $29,169 | $64,462 | $73,187 | $80,489 | $84,545 |
Debt principal payment | $0 | $0 | $0 | $0 | $10,191 |
Fixed asset additions | $0 | $19,913 | $38,128 | $35,535 | $0 |
Total full costs (estimated) | $379,691 | $861,146 | $994,832 | $1,099,228 | $1,135,873 |
Capital structure indicators
Liquidity info | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Months of cash | 0.6 | 2.8 | 3.3 | 5.8 | 6.8 |
Months of cash and investments | 0.6 | 2.8 | 3.3 | 5.8 | 6.8 |
Months of estimated liquid unrestricted net assets | 2.9 | 1.1 | 1.4 | 1.2 | 0.9 |
Balance sheet composition info | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Cash | $17,534 | $183,515 | $243,062 | $466,095 | $577,871 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $87,092 | $47,640 | $28,865 | $113,376 | $27,719 |
Gross land, buildings, equipment (LBE) | $6,623 | $19,913 | $58,040 | $93,575 | $107,023 |
Accumulated depreciation (as a % of LBE) | 98.4% | 16.2% | 14.7% | 27.6% | 49.0% |
Liabilities (as a % of assets) | 20.7% | 71.1% | 69.1% | 85.5% | 80.6% |
Unrestricted net assets | $83,965 | $69,947 | $100,554 | $94,741 | $128,792 |
Temporarily restricted net assets | $0 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $0 | N/A | N/A | N/A | N/A |
Total restricted net assets | $0 | $1,615 | $460 | $0 | $0 |
Total net assets | $83,965 | $71,562 | $101,014 | $94,741 | $128,792 |
Key data checks
Key data checks info | 2017 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Acting Executive Director
Deidre Smith
Number of employees
Source: IRS Form 990
SHAW COMMUNITY MINISTRY INC
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
SHAW COMMUNITY MINISTRY INC
Board of directorsas of 08/16/2024
Board of directors data
Serena Wiltshire
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data