SHARE AND CARE FOUNDATION FOR INDIA
Empowering Rural India
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
1986
President
Mr. SAUMIL PARIKH
Main address
350 West Passaic St 2nd floor 2nd floor
Rochelle Park, NJ 07662 USA
EIN
22-2458395
Philanthropy
Health
Rural development
Basic and emergency aid
Youth development
Population served
Children and youth
Women and girls
Families
Extremely poor people
NTEE code
Fund Raising and/or Fund Distribution (O12)
Fund Raising and/or Fund Distribution (E12)
Philanthropy / Charity / Voluntarism Promotion (General) (T50)
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
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
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
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.
Where we work
External reviews
Videos
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
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.
What are the organization's key strategies for making this happen?
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.
What are the organization's capabilities for doing this?
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.
What have they accomplished so far and what's next?
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.
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2020 info
7.93
Months of cash in 2020 info
13.2
Fringe rate in 2020 info
23%
Funding sources info
Assets & liabilities info
SHARE AND CARE FOUNDATION FOR INDIA
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
SHARE AND CARE FOUNDATION FOR INDIA
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
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: Jan 01 - Dec 31
SOURCE: IRS Form 990
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 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $278,659 | $339,033 | $89,959 | $367,149 | -$54,166 |
| As % of expenses | 20.9% | 18.8% | 6.3% | 22.8% | -2.9% |
| Unrestricted surplus (deficit) after depreciation | $278,323 | $338,697 | $89,623 | $366,896 | -$54,166 |
| As % of expenses | 20.8% | 18.8% | 6.3% | 22.8% | -2.9% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $1,370,908 | $2,347,806 | $1,525,565 | $1,779,172 | $1,737,221 |
| Total revenue, % change over prior year | -25.5% | 71.3% | -35.0% | 16.6% | -2.4% |
| 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 | 4.2% | 2.3% | 3.1% | 3.1% | 3.5% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 91.5% | 77.2% | 95.9% | 92.7% | 90.4% |
| Other revenue | 4.3% | 20.4% | 1.0% | 4.2% | 6.1% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $1,334,752 | $1,801,048 | $1,428,854 | $1,611,483 | $1,875,253 |
| Total expenses, % change over prior year | -12.5% | 34.9% | -20.7% | 12.8% | 16.4% |
| Personnel | 10.3% | 6.9% | 8.7% | 8.0% | 7.4% |
| Professional fees | 2.3% | 1.3% | 1.1% | 1.0% | 0.8% |
| Occupancy | 1.2% | 0.9% | 1.1% | 0.9% | 1.5% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 78.0% | 83.0% | 78.9% | 82.5% | 84.2% |
| All other expenses | 8.2% | 8.0% | 10.2% | 7.6% | 6.1% |
| Full cost components (estimated) info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $1,335,088 | $1,801,384 | $1,429,190 | $1,611,736 | $1,875,253 |
| One month of savings | $111,229 | $150,087 | $119,071 | $134,290 | $156,271 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
| Total full costs (estimated) | $1,446,317 | $1,951,471 | $1,548,261 | $1,746,026 | $2,031,524 |
Capital structure indicators
| Liquidity info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Months of cash | 10.8 | 9.4 | 11.1 | 4.7 | 13.2 |
| Months of cash and investments | 26.4 | 21.5 | 24.1 | 23.4 | 18.9 |
| Months of estimated liquid unrestricted net assets | 12.0 | 11.2 | 14.8 | 15.9 | 13.3 |
| Balance sheet composition info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Cash | $1,203,185 | $1,416,549 | $1,326,816 | $632,789 | $2,059,472 |
| Investments | $1,733,447 | $1,803,661 | $1,542,340 | $2,506,200 | $892,577 |
| Receivables | $61,551 | $17,050 | $156,550 | $24,800 | $17,201 |
| Gross land, buildings, equipment (LBE) | $7,467 | $7,467 | $7,467 | $7,467 | $0 |
| Accumulated depreciation (as a % of LBE) | 87.6% | 92.1% | 96.6% | 100.0% | 0.0% |
| Liabilities (as a % of assets) | 24.7% | 21.4% | 17.3% | 13.6% | 12.5% |
| Unrestricted net assets | $1,338,464 | $1,677,161 | $1,766,784 | $2,133,680 | $2,079,514 |
| Temporarily restricted net assets | $922,172 | $868,258 | $735,452 | N/A | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | N/A | N/A |
| Total restricted net assets | $922,172 | $868,258 | $735,452 | $607,740 | $527,354 |
| Total net assets | $2,260,636 | $2,545,419 | $2,502,236 | $2,741,420 | $2,606,868 |
Key data checks
| Key data checks info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
President
Mr. SAUMIL PARIKH
Number of employees
Source: IRS Form 990
SHARE AND CARE FOUNDATION FOR INDIA
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
SHARE AND CARE FOUNDATION FOR INDIA
Board of directorsas of 03/08/2023
Board of directors data
Varsha Mehta
JAYU PARIKH
SUDHA BHANSALI
AMAR SHAH
ASHA DALAL
SHARAD SHAH
MANOJ DESAI
BHARATI PALKHIWALA
VARSHA MEHTA
ADITI VYAS
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
-
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? No -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No -
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
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data
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- Officer and/or Employee data for 2020, 2019, 2018, 2017, 2016
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