Sharing Ministries Inc

EIN: 841338604 501(c)(3) Human Services

Montrose, CO

Total Revenue
$2,145,039
Total Expenses
$2,198,925
Total Assets
$2,244,137
Net Assets
$2,230,195
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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
1996
Legal Domicile
CO
Principal Officer
Oneda Doyal
Phone
9702408385
Tax Period
2023-01-01 to 2023-12-31

Sharing Ministries Inc, founded in 1996, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 270% from the prior year, signaling strong growth momentum.

Mission

Provide food at no charge to individuals and families in need.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,095,270
Program Service Revenue $0
Investment Income $15,492
Other Revenue $34,277
TOTAL REVENUE $2,145,039

Expense Breakdown

Grants Paid $1,836,364
Salaries & Benefits $165,520
Fundraising Expenses $36,324
Program Expenses $2,017,098
Other Expenses $197,041
TOTAL EXPENSES $2,198,925

Year-over-Year Comparison

2023 2022 Change
Revenue $2,145,039 $580,243 +2.7%
Expenses $2,198,925 $607,046 +2.6%
Net Income $-53,886 $-26,803 +1.0%
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
9
Independent Members
9
Employees
3
Volunteers
100

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Goddard president 001.00
Officer Director
$0 $0 $0
Eric Kovall treasurer 001.00
Officer Director
$0 $0 $0
John Crane vice president 001.00
Officer Director
$0 $0 $0
Oneda Doyal Executive Director 050.00
Officer Director
$0 $0 $0
Audrey Sarzio director 001.00
Director
$0 $0 $0
Katie Yates director 001.00
Director
$0 $0 $0
Barb Bechtold director 001.00
Director
$0 $0 $0
Jessica Wallace director 001.00
Director
$0 $0 $0
Whitney LaChapelle secretary 001.00
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
2024 No data No data No data No data
2023 $2,145,039 $2,198,925 $2,244,137 $-53,886
2022 $580,243 $607,046 $2,300,228 $-26,803
2021 $660,188 $570,105 $2,331,501 $90,083
2020 $988,000 $608,733 $2,246,492 $379,267
2019 $496,548 $575,553 $1,851,077 $-79,005
2018 $579,823 $623,256 $1,929,453 $-43,433
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