SHARE-WS INC

EIN: 824465935 501(c)(3) Food, Agriculture & Nutrition

WINSTONSALEM, NC

Total Revenue
$978,955
Total Expenses
$204,829
Total Assets
$1,791,158
Net Assets
$1,139,107
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
GARY WILLIAMS
Phone
3367934280
Tax Period
2022-01-01 to 2022-12-31

SHARE-WS INC, founded in 2018, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $979K in total revenue in fiscal year 2022. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $774K, a strong 79% operating margin.

Mission

WINSTON-SALEM, NC, THE PRINCIPAL CITY IN FORSYTH COUNTY, HAS MULTIPLE "FOOD DESERTS,- OR RESIDENTIAL AREAS WHERE THERE ARE NO FULL-SERVICE GROCERY STORES, OFFERING PRODUCE AND OTHER FRESH FOODS, WITHIN A RADIUS OF ONE MILE. THESE "FOOD DESERTS" ARE LOCATED IN AREAS OF THE CITY WHERE THE MEDIAN FAMILY INCOME IS AT OR NEAR THE FEDERAL POVERTY LEVEL. ACCORDING TO A 2017 STUDY COMMISSIONED BY THE CITY OF WINSTON-SALEM, AN ESTIMATED 17% OF FORSYTH COUNTY RESIDENTS EXPERIENCED FOOD INSECURITY IN 2014. AN ESTIMATED 38% OF POOR FORSYTH COUNTY RESIDENTS LIVE IN A "FOOD DESERT," IN A COUNTY WITH A POPULATION OF OVER 360,000. RESIDENTS OF "FOOD DESERTS" ARE NORMALLY AFFLICTED BY MULTIPLE DISADVANTAGES. THEY TYPICALLY LACK RELIABLE TRANSPORTATION, WHICH DIMINISHES THEIR OPPORTUNITY FOR LIVING WAGE EMPLOYMENT AND ACCESS TO HEALTHY FOOD OPTIONS. THEIR PREDICAMENT RESULTS IN THEIR PERCEPTION OF HAVING NO ALTERNATIVES EXCEPT TO UTILIZE LOCAL CONVENIENCE STORES AND OTHER FAST FOOD OPTIONS. THEREFORE, T

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $978,940
Program Service Revenue $0
Investment Income $15
Other Revenue $0
TOTAL REVENUE $978,955

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,201
Fundraising Expenses $5,768
Program Expenses $158,023
Other Expenses $164,628
TOTAL EXPENSES $204,829

Year-over-Year Comparison

2022 2021 Change
Revenue $978,955 $391,755 +1.5%
Expenses $204,829 $307,781 -0.3%
Net Income $774,126 $83,974 +8.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
1

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH PEEPLES SECRETARY 1.00
Officer Director
$0 $0 $0
RICHIE WILLIAMS TREASURER 1.00
Officer Director
$0 $0 $0
GARY WILLIAMS EXECUTIVE DI 20.00
Officer 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 $978,955 $204,829 $1,791,158 $774,126
2021 $391,755 $307,781 $374,638 $83,974
2020 $156,940 $80,374 $91,100 $76,566
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SHARE-WS INC with other nonprofits in North Carolina and across the country.