Sharefest Community Development Inc (EIN 205651596) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Chadwick R Mayer

Phone

3106268106

Tax Period

2024-01-01 to 2024-12-31

Sharefest Community Development Inc, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

Sharefest gives youth facing significant barriers the skills, support, and connections they need to achieve economic success.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,634,835

Program Service Revenue $0

Investment Income $92,962

Other Revenue $99,379

TOTAL REVENUE $1,827,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,467,100

Fundraising Expenses $232,277

Program Expenses $1,705,195

Other Expenses $600,308

TOTAL EXPENSES $2,067,408

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,827,176	$2,216,798	-0.2%
Expenses	$2,067,408	$1,889,125	+0.1%
Net Income	$-240,232	$327,673	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

420

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$443,145

Total Directors

$194,213

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chadwick R Mayer	President	40.00	Officer Director	$194,213	$0	$194,213
Dan Simon	Board CFO	1.00	Officer Director	$0	$0	$0
Vince Vanacore	Director	1.00	Director	$0	$0	$0
Frank Schulz	Secretary	1.00	Officer Director	$0	$0	$0
Mark Limpert	Director	1.00	Director	$0	$0	$0
Eric Ruehle	Board Chair	1.00	Officer Director	$0	$0	$0
Jeff Etherington	Director	1.00	Director	$0	$0	$0
Gabriela Medina	Director	1.00	Director	$0	$0	$0
Jessica Ibarra	Director	1.00	Director	$0	$0	$0
Moises Figueroa	Director	1.00	Director	$0	$0	$0
Becky Kim	Director	1.00	Director	$0	$0	$0
Casey Abe	Director	1.00	Director	$0	$0	$0
Jamie Bender	Director	1.00	Director	$0	$0	$0
Adam Betino	Director	1.00	Director	$0	$0	$0
Gretchen Downey	VP of Programs	40.00	Officer	$142,480	$0	$142,480
Betsy Chou	VP of Finance & Operations	40.00	Officer	$106,452	$0	$106,452

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$1,827,176	$2,067,408	$2,986,769	$-240,232
2023	$2,216,798	$1,889,125	$3,170,493	$327,673
2022	$2,113,057	$1,641,200	$2,953,421	$471,857
2021	$1,725,286	$1,084,131	$2,550,665	$641,155
2020	$1,351,584	$762,773	$1,879,007	$588,811
2019	$1,516,801	$1,513,265	$1,114,516	$3,536
2018	$1,457,598	$1,142,784	$1,124,706	$314,814

Sharefest Community Development Inc