GOLD2024

SHARE AND CARE FOUNDATION FOR INDIA

Empowering Rural India

aka SHARE AND CARE FOUNDATION   |   Rochelle Park, NJ   |  http://www.shareandcare.org/
GuideStar Charity Check

SHARE AND CARE FOUNDATION FOR INDIA

EIN: 22-2458395


Mission

The mission of the Share and Care Foundation™ is to create opportunities for deserving, economically challenged women and children of India by partnering with communities, philanthropists and local charitable organizations. Such opportunities include developing and providing quality education, affordable healthcare and supporting skill development to improve the quality of life in rural India.

Ruling year info

1986

President

Mr. SAUMIL PARIKH

Main address

350 West Passaic St 2nd floor 2nd floor

Rochelle Park, NJ 07662 USA

Show more contact info

EIN

22-2458395

Subject area info

Philanthropy

Health

Rural development

Basic and emergency aid

Youth development

Show more subject areas

Population served info

Children and youth

Women and girls

Families

Extremely poor people

NTEE code info

Fund Raising and/or Fund Distribution (O12)

Fund Raising and/or Fund Distribution (E12)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

What we aim to solve

SOURCE: Self-reported by organization

The mission of the Share and Care Foundation™ is to create opportunities for deserving, economically challenged women and children of India by partnering with communities, philanthropists and local charitable organizations. Such opportunities include developing and providing quality education, affordable healthcare and supporting skill development to improve the quality of life in rural India.

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?

Gender Equality, Education, Healthcare & Village Upliftment& Disaster Relief

Educate 2 Graduate – E2G™
College education to brilliant but economically challenged students.
Educate 2 Success – E2S™
High school education to brilliant but economically challenged students.
WE: Inspiring Change – Empower Women™
Provide space to those experiencing violence, discrimination, injustice, and consequent emotional, mental distress so they can heal and take control of their lives.
Healthcare 2 Unreached – H2U™
Basic comprehensive healthcare to some of the most remote and underserved regions of India, with an emphasis on illness prevention, hygiene awareness, and reducing maternal and infant mortality.
Village Upliftment
help villages and their citizens break free from patriarchal constructs. For 2020, 12 “friends of the people,” known as lokmitras, are being placed in 12 villages in Gujarat. Their role is to offer solutions for issues affecting the entire community, and to serve as a liaison between the village and government.

Population(s) Served
Families
Children and youth

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Share and Care is aiming to avail and create opportunities for vulnerable masses in remote and rural India through providing quality Education and primary healthcare. One child or a woman, one community, one village at a time.

Our programs are designed to reach goals of preparing marginalized children and women for livelihood opportunities and improve quality of life through higher education and sustainable healthcare programs.

Share and Care does not believe in number game from the inception. Quality and sustainability are our goals. Our 35 years experience, skilled volunteers and staff, capable executives and dedicated NGO partners on ground have brought measurable success. We are highly successful because community and stakeholders have seen our work over the years and supported us with open heart and pocketbook.

Share and Care believes we have surpassed many goals and benchmarks. However, what we wanted to accomplish was accelerated growth and scaling up of our programs much faster. Wish we had more dedicated volunteers and young professionals who could help us to take us to new heights through media and marketing. We are embarking on a strategy to attain those goals in next five years.

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 2022 info

SOURCE: IRS Form 990

3.14

Average of 4.89 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

3

Average of 9.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

16%

Average of 17% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SHARE AND CARE FOUNDATION FOR INDIA

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SHARE AND CARE FOUNDATION FOR INDIA

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

SHARE AND CARE FOUNDATION FOR INDIA

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of SHARE AND CARE FOUNDATION FOR INDIA’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 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $89,959 $367,149 -$54,166 -$425,286 -$645,194
As % of expenses 6.3% 22.8% -2.9% -13.3% -34.9%
Unrestricted surplus (deficit) after depreciation $89,623 $366,896 -$54,166 -$425,286 -$645,194
As % of expenses 6.3% 22.8% -2.9% -13.3% -34.9%
Revenue composition info
Total revenue (unrestricted & restricted) $1,525,565 $1,779,172 $1,737,221 $2,466,152 $1,360,817
Total revenue, % change over prior year -35.0% 16.6% -2.4% 42.0% -44.8%
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 3.1% 3.1% 3.5% 1.4% 2.9%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 95.9% 92.7% 90.4% 94.9% 96.6%
Other revenue 1.0% 4.2% 6.1% 3.6% 0.5%
Expense composition info
Total expenses before depreciation $1,428,854 $1,611,483 $1,875,253 $3,187,943 $1,846,107
Total expenses, % change over prior year -20.7% 12.8% 16.4% 70.0% -42.1%
Personnel 8.7% 8.0% 7.4% 4.5% 6.8%
Professional fees 1.1% 1.0% 0.8% 0.6% 1.4%
Occupancy 1.1% 0.9% 1.5% 0.9% 1.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 78.9% 82.5% 84.2% 91.1% 84.6%
All other expenses 10.2% 7.6% 6.1% 3.0% 5.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,429,190 $1,611,736 $1,875,253 $3,187,943 $1,846,107
One month of savings $119,071 $134,290 $156,271 $265,662 $153,842
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $1,548,261 $1,746,026 $2,031,524 $3,453,605 $1,999,949

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 11.1 4.7 13.2 3.8 3.0
Months of cash and investments 24.1 23.4 18.9 8.3 10.4
Months of estimated liquid unrestricted net assets 14.8 15.9 13.3 6.2 6.6
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,326,816 $632,789 $2,059,472 $997,021 $460,378
Investments $1,542,340 $2,506,200 $892,577 $1,210,768 $1,134,201
Receivables $156,550 $24,800 $17,201 $0 $0
Gross land, buildings, equipment (LBE) $7,467 $7,467 $0 $0 $0
Accumulated depreciation (as a % of LBE) 96.6% 100.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 17.3% 13.6% 12.5% 15.6% 30.7%
Unrestricted net assets $1,766,784 $2,133,680 $2,079,514 $1,654,228 $1,009,034
Temporarily restricted net assets $735,452 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 $735,452 $607,740 $527,354 $216,854 $140,909
Total net assets $2,502,236 $2,741,420 $2,606,868 $1,871,082 $1,149,943

Key data checks

Key data checks info 2018 2019 2020 2021 2022
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

President

Mr. SAUMIL PARIKH

Number of employees

Source: IRS Form 990

SHARE AND CARE FOUNDATION FOR INDIA

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.

SHARE AND CARE FOUNDATION FOR INDIA

Board of directors
as of 01/18/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

VARSHA MEHTA

SUDHA BHANSALI

AMAR SHAH

ASHA DALAL

SHARAD SHAH

MANOJ DESAI

BHARATI PALKHIWALA

ADITI VYAS

PAYAL DOSHI

VARSHA MEHTA

Organizational demographics

SOURCE: Self-reported; last updated 1/18/2022

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
Asian/Asian American
Gender identity
Male
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data