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Nonprofiteer
← SHARING LIFE COMMUNITY OUTREACH INC

Form 990 for tax year 2024

Filed by SHARING LIFE COMMUNITY OUTREACH INC.

Totals

Total revenue
$36,261,222
Total expenses
$35,637,818
Contributions and grants received
$35,287,901
Grants paid
$33,214,544
Program service revenue
$722,320
Investment income
$43,179
Other revenue
$207,822
Total assets, end of year
$8,998,408
Total liabilities, end of year
$103,734
Net assets or fund balances, end of year
$8,894,674
Program services expenses (Part IX)
$35,122,683
Management and general expenses
$111,064
Fundraising expenses
$404,071
Program service expenses (Part III)
$35,122,683

Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $465,193

  • 1e · Government grants (contributions)

    $12,981,494

  • 1f · All other contributions, gifts and grants

    $21,841,214

  • 1g · Noncash contributions included above

    $32,479,344

  • 2a · Program service revenue: SERVICE FEES

    total $722,320 · related or exempt $722,320

  • 3 · Investment income

    total $44,015 · excluded $44,015

  • 7a · Gross sales of assets other than inventory

    other assets $700

  • 7b · Less cost or other basis and sales expenses

    other assets $1,536

  • 7c · Gain or loss

    other assets -$836

  • 7d · Net gain or loss

    total -$836 · related or exempt -$836

  • 8a · Fundraising events: gross income

    $159,481

  • 8a · Fundraising events: contributions included on line 1c

    $465,193

  • 8b · Fundraising events: direct expenses

    $159,481

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: EMPLOYEE RETENTION CRED

    total $197,603 · related or exempt $197,603

  • 11b · Other revenue: OTHER

    total $10,219 · related or exempt $10,219

  • 11e · Other revenue, total

    $207,822

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $33,214,544 · program services $33,214,544

  • 5 · Compensation of officers, directors and key employees

    total $255,453 · program services $204,733 · management and general $5,769 · fundraising $44,951

  • 7 · Other salaries and wages

    total $1,274,170 · program services $1,021,185 · management and general $28,778 · fundraising $224,207

  • 9 · Other employee benefits

    total $113,588 · program services $92,006 · management and general $5,876 · fundraising $15,706

  • 10 · Payroll taxes

    total $116,719 · program services $94,541 · management and general $6,039 · fundraising $16,139

  • 11c · Fees: accounting

    total $27,919 · program services $22,143 · management and general $2,403 · fundraising $3,373

  • 11g · Fees: other

    total $49,521 · program services $39,277 · management and general $4,262 · fundraising $5,982

  • 13 · Office expenses

    total $47,255 · program services $36,271 · management and general $2,880 · fundraising $8,104

  • 16 · Occupancy

    total $148,157 · program services $104,165 · management and general $11,387 · fundraising $32,605

  • 17 · Travel

    total $52,333 · program services $46,003 · management and general $3,448 · fundraising $2,882

  • 22 · Depreciation, depletion and amortization

    total $195,776 · program services $162,888 · management and general $19,630 · fundraising $13,258

  • 23 · Insurance

    total $46,466 · program services $38,102 · management and general $4,182 · fundraising $4,182

  • 24a · Other expenses: TRAINING

    total $32,254 · program services $26,125 · management and general $1,669 · fundraising $4,460

  • 24b · Other expenses: OTHER

    total $31,556 · program services $5,711 · management and general $9,876 · fundraising $15,969

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $32,107 · program services $14,989 · management and general $4,865 · fundraising $12,253

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $584,072 · end of year $1,021,715

  • 2 · Savings and temporary cash investments

    beginning of year $1,167,225 · end of year $1,461,240

  • 3 · Pledges and grants receivable

    end of year $33,474

  • 4 · Accounts receivable

    beginning of year $308,179 · end of year $137,477

  • 8 · Inventories for sale or use

    beginning of year $572,081 · end of year $687,938

  • 10a · Land, buildings and equipment: cost or other basis

    $6,207,158

  • 10b · Land, buildings and equipment: accumulated depreciation

    $550,594

  • 10c · Land, buildings and equipment, net

    beginning of year $5,710,331 · end of year $5,656,564

  • 17 · Accounts payable and accrued expenses

    beginning of year $70,618 · end of year $103,734

  • 27 · Net assets without donor restrictions

    beginning of year $7,624,327 · end of year $8,212,585

  • 28 · Net assets with donor restrictions

    beginning of year $646,943 · end of year $682,089

Mission and programs · 2024

Mission

SHARING LIFE COMMUNITY OUTREACHS MISSION IS TO END HUNGER AND POVERTY BY PROVIDING FOOD, CLOTHING, FINANCIAL RESOURCES, AND EDUCATIONAL PROGRAMS TO THOSE IN NEED.

  • THROUGH BASIC CLIENT SERVICES, SHARING LIFE PROVIDES EMERGENCY ASSISTANCE, FOOD, CLOTHING AND HOUSEHOLD ITEMS. THESE SERVICES ARE PROVIDED THROUGH A FOOD PANTRY, CLOTHES CLOSET,AND RESOURCE CENTER. SHARING LIFE DISTRIBUTES FOOD TO OTHER PANTRIES THROUGH THE PILOT NORTH TEXAS FOOD BANK HUB LOCATION LOCATED AT SHARING LIFE. THE FINANCIAL EMPOWERMENT CENTER OFFERS WORKFORCE DEVELOPMENT TRAINING, JOB SKILLS TRAINING, FINANCIAL ASSISTANCE, PLUS FINANCIAL COACHING AND EDUCATION. APPROXIMATELY 12.5 MILLION POUNDS OF FOOD WAS PROVIDED BY SHARING LIFE. SHARING LIFE ASSISTED APPROXIMATELY 6,500 CLIENTS THROUGH ITS BACK TO SCHOOL, CHRISTMAS FAIRE AND SCHOOL BREAK FOOD PROGRAMS. 1,087 CLIENTS RECEIVED SERVICES THROUGH THE FINANCIAL EMPOWERMENT CENTER AND 41 CLIENTS RECEIVED FINANCIAL COACHING.

    Expenses $35,122,683

  • THE ORGANIZATION RECEIVES RESTRICTED GRANT FUNDS FROM ATMOS AND TXU ENERGY AID IN ORDER TO PROVIDE UTILITY ASSISTANCE TO ITS CLIENTS THROUGH THE CLIENT ASSISTANCE PROGRAM. THE ORGANIZATION ASSISTED APPROXIMATELY 1,188 CLIENTS WITH UTILITY ASSISTANCE.

As filed on the 2024 return.

Listed in Part VII

  • Teresa Jackson

    EXECUTIVE DIRECTOR

    Total calculated
    $138,730
    From this org
    $134,609
    From related orgs
    $0
    Other
    $4,121
    Hours/week
    40

  • Jacob Taylor

    DIRECTOR OF OPERATIONS

    Total calculated
    $125,098
    From this org
    $113,226
    From related orgs
    $0
    Other
    $11,872
    Hours/week
    0

  • Danny Mack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daniel Norwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brenda Rowe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Troy Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Regina Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eddie Tealer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wendy Morales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Harry Sewell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Phaup

    PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Debi Holley

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Skip Parsotam

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Salazar

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1

  • Christi Morgan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
25 August 2026
IRS schema version
2024v5.2
Source object
202622379349300837

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