Right Sharing Of World Resources Inc
- Assets
- $2.8m
- Revenue
- $877.8k
- Investments
- $2.6m
- Employees
- 8
- Location
- Richmond, IN
- Founding
- 03/1999
- Data as of
- 06/2021
- EIN
- 31-1636209
Organization Overview
Right Sharing Of World Resources Inc is located in Richmond, IN. The organization was established in 1999. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Right Sharing Of World Resources Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Right Sharing Of World Resources Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Right Sharing Of World Resources Inc generated $877.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $694.8k during the year ending 06/2021. While expenses have increased by 4.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GOD CALLS US TO THE RIGHT SHARING OF WORLD RESOURCES, FROM THE BURDENS OF MATERIALISM AND POVERTY INTO THE ABUNDANCE OF GOD'S LOVE TO WORK FOR EQUITY THROUGH PARTNERSHIP WITH OUR SISTERS AND BROTHERS THROUGH THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MICRO-GRANTS AND BUSINESS DEVELOPMENT SUPPORT TO OVER 50 SMALL ORGANIZATIONS AND WOMEN'S GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Stillwell General Secretary | Officer | 40 | $73,961 |
Marian Beane Assistant Clerk | OfficerTrustee | 1 | $0 |
Sally Weaver Sommer Treasurer | OfficerTrustee | 1 | $0 |
Liz Gates Recording Clerk | OfficerTrustee | 1 | $0 |
Douglas Smith Presiding Clerk | OfficerTrustee | 1 | $0 |
Max Carter Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $806,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $806,711 |
| Total Program Service Revenue | $0 |
| Investment income | $65,013 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,751 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $877,766 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $299,801 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,749 |
| Compensation of current officers, directors, key employees. | $3,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,713 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,974 |
| Payroll taxes | $19,512 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,952 |
| Office expenses | $1,257 |
| Information technology | $4,851 |
| Royalties | $0 |
| Occupancy | $3,840 |
| Travel | $183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,518 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,422 |
| Insurance | $0 |
| All other expenses | $11,220 |
| Total functional expenses | $694,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,580 |
| Savings and temporary cash investments | $40,946 |
| Pledges and grants receivable | $6,500 |
| Accounts receivable, net | $1,579 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,662 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,760 |
| Net Land, buildings, and equipment | $617 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,551,907 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,819,551 |
| Accounts payable and accrued expenses | $100,787 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $113,972 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $214,759 |
| Net assets without donor restrictions | $2,598,292 |
| Net assets with donor restrictions | $6,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,819,551 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Right Sharing Of World Resources Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Home Rule Globally Jenkintown, PA PURPOSE: UNRESTRICTED | $7,500 |
Endowment Analysis
| Beg. Balance | $1,080,613 |
| Earnings | $335,259 |
| Net Contributions | $247,807 |
| Other Expense | $50,960 |
| Ending Balance | $1,612,719 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Livestock Research Institute Alexandria, VA | $103,836,000 | $97,042,000 |
Technoserve Inc Arlington, VA | $114,276,337 | $96,632,627 |
Winrock International Institute For Agricultural Development North Little Rock, AR | $132,106,340 | $99,120,433 |
Operation Blessing International Relief & Development Corp Virginia Beach, VA | $46,516,514 | $96,480,836 |
International Foundation For Electoral Systems Arlington, VA | $29,872,159 | $76,376,806 |
Islamic Relief Usa Alexandria, VA | $182,616,288 | $136,444,567 |
Kingsway Charities Inc Bristol, VA | $22,739,501 | $63,381,174 |
Operation Smile Inc Virginia Beach, VA | $94,902,554 | $85,245,515 |
Mercy-Usa For Aid And Development Inc Plymouth, MI | $10,231,459 | $64,709,039 |
Alight Minneapolis, MN | $43,599,902 | $62,496,973 |
International Potato Center Alexandria, VA | $39,013,674 | $55,811,444 |
Feed My Starving Children Coon Rapids, MN | $39,897,595 | $62,648,844 |