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)

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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. IN FURTHERANCE OF THIS CHARITABLE PURPOSE, THE CORPORATION SHALL, BY MEANS OF CONTRIBUTIONS OR GRANTS; PROVIDING, OR CONTRACTING TO PROVIDE, MANAGEMENT SUPPORT, TECHNICAL ASSISTANCE AND OTHER EXECUTIVE SERVICES; MAKING, OR ENCOURAGING THE MAKING OF, INVESTMENTS, DIRECTLY OR THROUGH AFFILIATED OR NON-AFFILIATED ENTITIES. THE CORPORATION WILL ENCOURAGE ACCESS TO SOCIAL SERVICES TO BENEFIT THE LIVES OF SAID WORKERS, NOT TO EXCLUDE DIRECT IMPLEMENTATION.

Program Service Accomplishments

Program 1
Expenses: $112,559 Revenue: $13,980

PERSONAL ADVANCEMENT & CAREER ENHANCEMENT - GAP INC'S GLOBAL P.A.C.E. PROGRAM HELPS WOMEN GAIN THE SKILLS AND CONFIDENCE THEY NEED TO ADVANCE AT WORK AND IN THEIR LIVES. THE MAIN FOCUS OF THE PROGRAM...

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PERSONAL ADVANCEMENT & CAREER ENHANCEMENT - GAP INC'S GLOBAL P.A.C.E. PROGRAM HELPS WOMEN GAIN THE SKILLS AND CONFIDENCE THEY NEED TO ADVANCE AT WORK AND IN THEIR LIVES. THE MAIN FOCUS OF THE PROGRAM IS TO POSITIVELY IMPACT FEMALE GARMENT WORKERS (FGWS) BY PROVIDING THEM WITH SKILLS THAT WILL HELP THEM ADVANCE IN THE WORKPLACE AND IN THEIR PERSONAL LIVES, THROUGH LIFE SKILLS TRAINING. THE P.A.C.E. CURRICULUM COVERS A VARIETY OF TOPICS THAT ARE CRUCIAL TO GROWTH AND DEVELOPMENT. EACH MODULE IS DESIGNED TO ENHANCE SPECIFIC COMPETENCIES AND TO HELP PARTICIPANTS UNDERSTAND CONCEPTS IN A HOLISTIC WAY. THE PROGRAM COVERS UP TO 8 MODULES OF LEARNING: (1) COMMUNICATION; (2) PROBLEM SOLVING AND DECISION MAKING; (3) TIME AND STRESS MANAGEMENT; (4) WATER, SANITATION & HYGIENE; (5) EXECUTION EXCELLENCE; (6) GENERAL AND REPRODUCTIVE HEALTH; (7) FINANCIAL LITERACY; AND (8) LEGAL LITERACY AND SOCIAL ENTITLEMENTS. EXECUTION EXCELLENCE IS A MODULE OF LEARNING THAT TEACHES WORKERS HOW TO APPLY THEIR NEWLY LEARNED SKILLS, PARTICULARLY IN THE WORKPLACE. MODULES 1-3 ARE "CORE" TO THE WOMEN'S LEARNING AND ARE THEREFORE REQUIRED. THEY ARE THE FOUNDATIONAL MODULES WHICH ARE DESIGNED TO DIRECTLY AFFECT THE WOMEN'S PERSONAL AND WORK LIVES. MODULE 4 IS ALSO REQUIRED, AND MODULES 5-8 ARE SUPPLEMENTARY. THE PROGRAM CONSISTS OF APPROXIMATELY 58 HOURS OF LEARNING AND CAN TAKE FROM 6 WEEKS TO 10 MONTHS TO COMPLETE DEPENDING ON THE INTENSITY. SHARE HOPE IS THE ONLY LICENSED IMPLEMENTOR OF THIS PROGRAM IN HAITI, AND SHARE HOPE HAS THE ONLY GOLD LEVEL TRAINERS OF THIS CURRICULUM IN THE COUNTRY. - IN 2022 IN AN ENVIRONMENT OF CONTINUED SOCIAL UNREST AND RAMPANT GANG VIOLENCE, SHARE HOPE TRAINED 752 WOMEN. ALL WERE UNEMPLOYED WORKERS TO WHOM WE GAVE A TRANSPORTATION AND FOOD STIPEND THAT AMOUNTED TO APPROXIMATELY $42 PER PERSON OVER THE 19 SESSIONS OF THEIR COURSE ATTENDANCE.IN ADDITION TO THE AUTONOMOUS IMPLEMENTATION OF THE P.A.C.E. PROGRAM, SHARE HOPE OVERSEES THE IMPLEMENTATION OF THE PROGRAM IN TWO FACTORIES WHERE GAP INC. SOURCES. THESE FACTORIES COLLECTIVELY EMPLOY APPROXIMATELY 9,000 WORKERS.IN NOVEMBER 2022, GAP INC AND USAID COLLABORATED TO CREATE AN ADDITIONAL COVID-19 MODULE. THE SHARE HOPE TEAM WAS ASKED TO TRANSLATE AND CONTEXTUALIZE THE MODULE. THE GOAL WAS THAT IN 2023 1,000 WOMEN IN THE SUPPLY CHAIN WOULD BE GIVEN ADDITIONAL KNOWLEDGE ABOUT COVID AND THE VACCINES TO COMBAT THE VIRUS.

Program 2
Expenses: $10,364

THE FACTORY CLINIC IMPROVEMENT PROGRAM (ORIGINALLY LAUNCHED IN 2016 WITH THE ILO/BETTER WORK PROGRAM) CONTINUES TO OFFER FACTORY CLINIC NURSES HEALTH EDUCATION SEMINARS. OF THE 32 FACTORIES IN HAITI...

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THE FACTORY CLINIC IMPROVEMENT PROGRAM (ORIGINALLY LAUNCHED IN 2016 WITH THE ILO/BETTER WORK PROGRAM) CONTINUES TO OFFER FACTORY CLINIC NURSES HEALTH EDUCATION SEMINARS. OF THE 32 FACTORIES IN HAITI, 14 ENROLLED THEIR CLINICS. THESE SEMINARS TYPICALLY LAST 3 TO 6 HOURS AND COVER A VARIETY OF TOPICS. THE NURSES RECEIVE CERTIFICATES FOR HAVING COMPLETED THE SEMINARS. SHARE HOPE COORDINATED TRAINING ON COVID-19 AND VACCINE EFFICACY FOR THE NURSES IN THE SECTOR.

Program 3

SHARE HOPE FOUNDATION DISCONTINUED ITS HIGH SCHOOL COMPLETION PROGRAM AS OF JANUARY 2021. THE GANG VIOLENCE AND CIVIL UNREST DID NOT ALLOW STUDENTS TO STAY ANY ADDITIONAL HOURS AFTER WORK, NOR DID IT...

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SHARE HOPE FOUNDATION DISCONTINUED ITS HIGH SCHOOL COMPLETION PROGRAM AS OF JANUARY 2021. THE GANG VIOLENCE AND CIVIL UNREST DID NOT ALLOW STUDENTS TO STAY ANY ADDITIONAL HOURS AFTER WORK, NOR DID IT ALLOW FOR THE TEACHERS TO TRAVEL TO AND FROM THE SCHOOL SITE. THE TEAM OF DEDICATED TEACHERS LOOKS FORWARD TO A TIME WHEN WE WOULD BE ABLE TO RESUME WHAT WAS A UNIQUE AND MUCH APPRECIATED PROGRAM. THE SHARE HOPE TEAM IS PROUD TO REPORT THAT ONE STUDENT (WISLENE LEBRUN) FROM OUR FIRST HIGH SCHOOL COMPLETION PROGRAM COHORT IN 2016 GRADUATED FROM LAW SCHOOL IN HAITI IN FEBRUARY OF 2021. WE ARE PROUD OF HER AND THE 240 WOMEN AND MEN WHO HAVE BEEN ABLE TO COMPLETE THE PROGRAM AND PASS THEIR NATIONAL BACCALAUREATE EXAMS.

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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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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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