SHARE NET MINISTRIES

EIN: 882741840 501(c)(3) Religion

CHESTERFIELD, MO

Total Revenue
$582,861
Total Expenses
$516,327
Total Assets
$235,144
Net Assets
$-54,846
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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
2022
Legal Domicile
MO
Principal Officer
RODERICK WASHINGTON
Phone
3144851928
Tax Period
2023-01-01 to 2023-12-31

SHARE NET MINISTRIES, founded in 2022, is a small nonprofit in the Religion sector that reported $583K in total revenue in fiscal year 2023. Expenses of $516K left a modest 11% surplus.

Mission

FACILITATE MEMBER TO MEMBER SHARING OF HEALTHCARE EXPENSES TO ENABLE FINANCIAL SUPPORT TO PROMOTE THE HEALTH OF EACH MEMBER AND THE COMMUNITY.

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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 $548,500
Program Service Revenue $34,361
Investment Income $0
Other Revenue $0
TOTAL REVENUE $582,861

Expense Breakdown

Grants Paid $556
Salaries & Benefits $156,843
Fundraising Expenses $2,906
Program Expenses $438,205
Other Expenses $358,928
TOTAL EXPENSES $516,327

Year-over-Year Comparison

2023 2022 Change
Revenue $582,861 N/A N/A
Expenses $516,327 N/A N/A
Net Income $66,534 $0 N/A
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
3
Employees
3
Volunteers
3

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
$105,133
Total Directors
5
$105,133
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACY WASHINGTON CEO AND CHAIRMAN 20.00
Officer Director
$8,654 $1,124 $9,778
RODERICK WASHINGTON PRESIDENT AND VICE CHAIRMAN 40.00
Officer Director
$94,231 $1,124 $95,355
KATE STRATTON SECRETARY 1.00
Officer Director
$0 $0 $0
TERRIE DESLOGE DIRECTOR 1.00
Director
$0 $0 $0
MAYA WASHINGTON DIRECTOR 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
2024 No data No data No data No data
2023 $582,861 $516,327 $235,144 $66,534
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