SHARE HOPE FOUNDATION INC

EIN: 272075701 501(c)(3) International Affairs

WHITE PLAINS, NY

Total Revenue
$218,813
Total Expenses
$229,399
Total Assets
$66,417
Net Assets
$-197,286
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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
2010
Legal Domicile
NY
Principal Officer
CYNTHIA PETTERSON
Phone
9149391877
Tax Period
2022-01-01 to 2022-12-31

SHARE HOPE FOUNDATION INC, founded in 2010, is a small nonprofit in the International Affairs sector that reported $219K in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year.

Mission

THE CORPORATION IS FORMED TO ALLEVIATE POVERTY IN DEVELOPING COUNTRIES THROUGH ENCOURAGING RESPONSIBLE AND SUSTAINABLE TRADE, PARTICULARLY IN THE TEXTILE AND APPAREL INDUSTRY, AND BY IMPROVING THE LIVES OF INDIGENT WORKERS AND THEIR FAMILIES IN A SPECIFIED LABOR SECTOR.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $204,833
Program Service Revenue $13,980
Investment Income $0
Other Revenue $0
TOTAL REVENUE $218,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,678
Fundraising Expenses $0
Program Expenses $122,923
Other Expenses $165,721
TOTAL EXPENSES $229,399

Year-over-Year Comparison

2022 2021 Change
Revenue $218,813 $256,094 -0.1%
Expenses $229,399 $369,731 -0.4%
Net Income $-10,586 $-113,637 -0.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
N/A

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
0
$0
Total Directors
8
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL TAM DIRECTOR, CHAIRMAN OF BOAR 7.00
Director
$0 $0 $0
CYNTHIA PETTERSON DIRECTOR, PRESIDENT 40.00
Director
$44,231 $15,769 $60,000
NICOLE MASCERA DIRECTOR, SECRETARY 2.00
Director
$0 $0 $0
MATTHEW MASCERA CHAIR ADMIN COMMITTEE 0.75
Director
$0 $0 $0
VINCENT SAMAT BOARD MEMBER 2.00
Director
$0 $0 $0
SHERRY C XU BOARD MEMBER 1.00
Director
$0 $0 $0
LINYA HU BOARD MEMBER 1.00
Director
$0 $0 $0
AILSA GILLIAM BOARD MEMBER 1.00
Director
$0 $0 $0
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
2022 $218,813 $229,399 $66,417 $-10,586
2021 $256,094 $369,731 $84,983 $-113,637
2020 $276,513 $257,872 $106,965 $18,641
2019 $509,773 $375,964 $65,631 $133,809
2018 $308,828 $327,955 $24,779 $-19,127
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