SOUTH BREVARD SHARING CENTER INC

EIN: 591604414 501(c)(3) Human Services

MELBOURNE, FL

Total Revenue
$1,697,100
Total Expenses
$1,818,036
Total Assets
$1,411,813
Net Assets
$1,401,410
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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
1975
Legal Domicile
FL
Principal Officer
NANCY TOMASSONE
Phone
3217278581
Tax Period
2024-07-01 to 2025-06-30

SOUTH BREVARD SHARING CENTER INC, founded in 1975, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum.

Mission

SOUTH BREVARD SHARING CENTER'S MISSION IS TO SUPPORT, STRENGTHEN, AND EMPOWER FAMILIES (AND INDIVIDUALS) TO ACHIEVE SELF-SUFFICIENCY. THE CENTER OPERATES A RESOURCE CENTER, FOOD PANTRY, AND THRIFT STORE TO PROVIDE TEMPORARY SHORT-TERM ASSISTANCE TO FAMILIES IN NEED WHEN FEDERAL, STATE, AND COUNTY FUNDS ARE NOT AVAILABLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,658,573
Program Service Revenue $15,205
Investment Income $13,368
Other Revenue $9,954
TOTAL REVENUE $1,697,100

Expense Breakdown

Grants Paid $65,437
Salaries & Benefits $270,298
Fundraising Expenses $53,660
Program Expenses $1,729,202
Other Expenses $1,482,301
TOTAL EXPENSES $1,818,036

Year-over-Year Comparison

2024 2023 Change
Revenue $1,697,100 $931,141 +0.8%
Expenses $1,818,036 $1,135,185 +0.6%
Net Income $-120,936 $-204,044 -0.4%
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
5
Independent Members
5
Employees
10
Volunteers
161

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
5
$75,000
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA CASSONE PRESIDENT 1.00
Officer Director
$0 $0 $0
KERI DONALD SECRETARY 1.00
Officer Director
$0 $0 $0
SETH RIDDLE TREASURER 1.00
Officer Director
$0 $0 $0
KENNETH R LEBRON AIA DIRECTOR 0.50
Director
$0 $0 $0
JOYCE BOUDRIE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PAMELA HUFFMAN EXECUTIVE DIRECTOR 40.00
Officer
$75,000 $0 $75,000
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 $1,697,100 $1,818,036 $1,411,813 $-120,936
2024 $931,141 $1,135,185 $1,555,623 $-204,044
2023 $1,380,483 $1,227,397 $1,639,626 $153,086
2022 $1,411,130 $1,383,279 $1,361,118 $27,851
2021 $1,159,152 $901,331 $1,357,918 $257,821
2020 $1,434,177 $1,145,454 $1,134,321 $288,723
2019 $1,147,719 $1,150,873 $823,142 $-3,154
2018 $1,414,411 $1,433,115 $830,428 $-18,704
2018 $1,539,411 $1,433,115 $955,428 $106,296
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