Share The Warmth
- Assets
- $947.0k
- Revenue
- $688.2k
- Investments
- $0.0
- Employees
- 28
- Location
- Adrian, MI
- Founding
- 10/2017
- Data as of
- 06/2023
- EIN
- 81-5143616
Organization Overview
Share The Warmth is located in Adrian, MI. The organization was established in 2017. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Share The Warmth employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Share The Warmth 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 06/2023, Share The Warmth generated $688.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $637.1k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE AS A YEAR ROUND EMERGENCY HOMELSS SHELTER PROVIDING A SAFE, WELCOMING ENVIRONMENT WHILE PARTNERING WITH COMMUNITY SERVICES TO ENCOURAGE SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER TO THE HOMELESS OF LENAWEE COUNTY, MICHIGAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hendershot Chair | OfficerTrustee | 5 | $0 |
Daniel Thomas Vice Chair | OfficerTrustee | 5 | $0 |
Jeanette Henagan Secretary | OfficerTrustee | 5 | $0 |
Heather Bowser Member | Trustee | 5 | $0 |
Phebie Mcclure Member | Trustee | 5 | $0 |
Charles Desloover Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,370 |
| Related organizations | $0 |
| Government grants | $580,433 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $687,386 |
| Total Program Service Revenue | $0 |
| Investment income | $1,947 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,151 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $688,182 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $423,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $37,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,642 |
| Advertising and promotion | $0 |
| Office expenses | $3,266 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,079 |
| Travel | $361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,663 |
| Insurance | $11,013 |
| All other expenses | $2,001 |
| Total functional expenses | $637,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,842 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,486 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,483 |
| Net Land, buildings, and equipment | $572,213 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $947,024 |
| Accounts payable and accrued expenses | $25,231 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,912 |
| Total liabilities | $27,143 |
| Net assets without donor restrictions | $919,881 |
| Net assets with donor restrictions | $0 |
| 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 | $947,024 |