Sharing Inc DBA Shareable

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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

2019

Legal Domicile

Principal Officer

Laurie Schecter

Phone

5025008000

Tax Period

2024-01-01 to 2024-12-31

Sharing Inc DBA Shareable, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $563K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

Shareable collaborates with organizers and allies to imagine, resource, network, and scale cooperative projects. We envision a just, connected, and joyful world where sharing is daily practice and communities flourish.

Program Service Accomplishments

Program 1

Expenses: $334,843

Shareable's 2024 program accomplishments include:* Libraries of Things program: Trained over 200 participants around the world to start or expand Libraries of Things. Provided technical and financial assistance for 10 fellows in the creation of five new Libraries of Things in marginalized communities. Wrote, edited, and produced a free, comprehensive Library of Things toolkit.* Rural Power Coalition (RPC): Led communications for a multistakeholder coalition advocating for democratic and sustainable transition to clean power in rural communities. As a strategic partner, Shareable helped design the implementation/distribution guidelines for over $10B for Rural Electric Co-ops in the Inflation Reduction Act and led production of educational videos about rural electric co-ops.* Cities@Tufts: Lecture series uplifting diverse perspectives in urban planning. Shareable co-hosted 13 Cities@Tufts virtual lectures with Tufts University. To date, Shareable has reached 40K readers and viewers of Cities@Tufts by turning lectures into publicly available podcasts, videos, transcripts, and more.* The Response podcast: Podcast highlighting stories of community resilience. Shareable produced six new episodes in 2024.* Editorial: Solutions-based journalism highlighting community groups around the world. Editorial content on Shareable.net attracts ~30,000 visits/month (more than 15M lifetime page views). In 2024 over 60 solutions-based articles were published.

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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 $429,686

Program Service Revenue $127,787

Investment Income $5,894

Other Revenue $0

TOTAL REVENUE $563,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $465,866

Fundraising Expenses $81,798

Program Expenses $334,843

Other Expenses $146,218

TOTAL EXPENSES $612,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,367	$651,940	-0.1%
Expenses	$612,084	$587,441	+0.0%
Net Income	$-48,717	$64,499	-1.8%

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

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

$89,553

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Llewellyn	Interim Ex Dir	32.00	Officer	$89,553	$0	$89,553
Julian Agyeman	Chair	0.25	Officer Director	$0	$0	$0
Laurie Schecter	Treasurer	0.25	Officer Director	$0	$0	$0
Michael Stoll	Secretary	0.25	Officer Director	$0	$0	$0
Neal Gorenflo	President	0.25	Officer Director	$0	$0	$0
Daniel Goldman	Board Member	0.25	Director	$0	$0	$0
Apurva Iyengar	Board Member	0.25	Director	$0	$0	$0
Nicols Chesta	Board Member	0.25	Director	$0	$0	$0
Kelley Dennings	Board member	0.25	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
2024	$563,367	$612,084	$384,489	$-48,717
2023	$651,940	$587,441	$442,491	$64,499
2022	$573,359	$491,359	$300,072	$82,000
2021	$514,966	$419,397	$250,519	$95,569
2020	$377,423	$270,594	$469,571	$106,829