SILVER2024

ShareHouse Foundation

Fargo, ND   |  http://www.sharehouse.org
GuideStar Charity Check

ShareHouse Foundation

EIN: 26-2708205


Mission

The mission of the ShareHouse Foundation is to develop financial support for personalized addiction recovery services and the overall mission of ShareHouse.

Ruling year info

2009

Foundation Director

Julie Rivenes

Main address

4227 9th Ave S

Fargo, ND 58103 USA

Show more contact info

EIN

26-2708205

Subject area info

Philanthropy

Population served info

Substance abusers

NTEE code info

Single Organization Support (T11)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Fundraising

Serving as a subsidiary non-profit organization, ShareHouse Foundation is a volunteered based organization who works to enhance ShareHouse Inc. within the Fargo-Moorhead region.

Population(s) Served
Substance abusers

Where we work

Financials

ShareHouse Foundation
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

322.87

Average of 181.42 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

57

Average of 25.3 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

13%

Average of 11% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

ShareHouse Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

ShareHouse Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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 ending: cloud_download Download Data

ShareHouse Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of ShareHouse Foundation’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 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $58,866 -$458 $113,400 -$86,232 $195,703
As % of expenses 14.5% -0.3% 105.7% -87.9% 360.7%
Unrestricted surplus (deficit) after depreciation $58,866 -$458 $113,400 -$86,232 $195,703
As % of expenses 14.5% -0.3% 105.7% -87.9% 360.7%
Revenue composition info
Total revenue (unrestricted & restricted) $270,171 $238,781 $193,466 $42,477 $230,171
Total revenue, % change over prior year -26.8% -11.6% -19.0% -78.0% 441.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 3.8% 7.6% 12.4% 24.3% 10.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 90.4% 87.4% 84.1% 75.7% 89.9%
Other revenue 5.8% 5.0% 3.5% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $406,701 $132,933 $107,300 $98,080 $54,259
Total expenses, % change over prior year 18.8% -67.3% -19.3% -8.6% -44.7%
Personnel 16.2% 40.7% 55.1% 0.7% 71.6%
Professional fees 0.8% 0.0% 4.0% 7.3% 10.6%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 52.2% 37.8% 19.0% 61.2% 1.8%
All other expenses 30.8% 21.6% 21.9% 30.8% 15.9%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $406,701 $132,933 $107,300 $98,080 $54,259
One month of savings $33,892 $11,078 $8,942 $8,173 $4,522
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $440,593 $144,011 $116,242 $106,253 $58,781

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 1.1 9.5 18.4 12.0 57.0
Months of cash and investments 15.3 50.1 77.9 69.1 173.2
Months of estimated liquid unrestricted net assets 9.9 30.1 50.0 44.1 123.1
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $38,567 $104,976 $164,508 $97,901 $257,543
Investments $478,856 $449,620 $531,610 $466,881 $525,414
Receivables $0 $737 $2,485 $1,122 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 2.5% 0.7% 0.7% 0.1% 0.3%
Unrestricted net assets $333,992 $333,534 $446,934 $360,702 $556,405
Temporarily restricted net assets $92,302 $139,369 N/A N/A N/A
Permanently restricted net assets $78,284 $78,284 N/A N/A N/A
Total restricted net assets $170,586 $217,653 $246,470 $204,485 $224,127
Total net assets $504,578 $551,187 $693,404 $565,187 $780,532

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Foundation Director

Julie Rivenes

Number of employees

Source: IRS Form 990

ShareHouse Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

ShareHouse Foundation

Board of directors
as of 01/25/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Angel Stellrecht


Board co-chair

Brett Overturf

Dr. Robert Montgomery

Retired

Madison Korf

Angel Stellrecht

Gate City Bank

Ashley Halvorson

NA

Emily Skoglund

Microsoft

Brett Overturf

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