Caring and Sharing INC FY2021 filing

Tax-deductible

Longview, TX501(c)(3)Human ServicesEIN 16-1639666Revenue $219K in FY2021

On file with the IRS3221 Dundee Rd, 75604-1306 · Longview, TXTax-exempt since Apr 2003Publicly supported — 509(a)(2)

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The organization accepts donations of cash, food, clothing, furniture and household items. The cash is used primarily for the purchase of food from the local food bank.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $70K a year · 26% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 18.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$219K
-4% vs prior year
Spent
$162K
To programs
92%
Net assets
$250K
By yearFY2020–FY2024
Revenue
$219K
FY2021▼ -4%
Tap a bar for its year
Revenue by fiscal year
FY2020$228K
FY2021$219K
FY2022$242K
FY2023$331K
FY2024$339K
Expenses
$162K
FY2021▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$140K
FY2021$162K
FY2022$224K
FY2023$269K
FY2024$212K
Net assets
$250K
FY2021▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020$194K
FY2021$250K
FY2022$267K
FY2023$330K
FY2024$457K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $149K Management & general 8% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Caring and Sharing INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Accepts donations to buy food and provide essential items for those in need.

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Provided by the organization

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2 programs · $149K · in their own filed words · FY2021
01

The organization distributed groceries which were primarily purchased from the east texas food bank

$130Kprogram expense
02

The organization distributed groceries primarily donated by walmart and target.

$19Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$219K
Ln 12
Gifts and grantsLn 1h$218K
Investment incomeLn 3$300
Money outPt IX
$162K
Ln 25
Programscol B$149K
Managementcol C$13K
Owns and owesPt X
$250K
net assets · Ln 32
Cash and savingsLn 1–2$246K
Total assetsLn 16$252K
LiabilitiesLn 26$2K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$218K
Noncash giftsLn 1g$19K
Investment incomeLn 3$300
Gains on assetsLn 7$300
Total revenueLn 12$219K
Assets in detailPt X, end of year
CashLn 1$246K
Cash and savings togetherLn 1–2$246K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$252K
LiabilitiesLn 26$2K
Net assetsLn 32$250K
OperationsPt I, VI
EmployeesI 54
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$193K$246K
Land, buildings, equipmentLn 10c$2K$6K
Total assetsLn 16$195K$252K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$194K$250K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$39K$39K$0$0
Payroll taxesLn 10$3K$3K$0$0
Accounting feesLn 11c$575$0$575$0
Office expensesLn 13$1K$0$1K$0
Depreciation, depletion and amortizationLn 22$1K$1K$0$0
Other expenses (24a–d)Ln 24$106K$104K$3K$0
All other expensesLn 24e$10K$1K$9K$0
Total functional expensesLn 25$162K$149K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $339K$212K$127K$457K 990 PDF
FY2023 $331K$269K$62K$330K 990 PDF
FY2022 $242K$224K$17K$267K 990 PDF
FY2021 Viewing $219K$162K$57K$250K 990 PDF
FY2020 $228K$140K$88K$194K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $218,643 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $227,513$218,343
I-9 Program service revenuePrior year $0$0
I-10 Investment income$300
I-11 Other revenue$0
I-12 Total revenuePrior year $227,513$218,643
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $24,664$42,245
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $115,054$119,850
I-18 Total expensesPrior year $139,718$162,095
I-19 Revenue less expensesPrior year $87,795$56,548
Part VI · Governance 4 of 6 board members independent, 5 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $218,643 across 5 lines filed
VIII-1f All other contributions, gifts and grants$218,343
VIII-1g Noncash contributions (included above)$18,814
VIII-1h Total contributions, gifts and grants$218,343
VIII-7 Net gain or loss on sales of assetsRelated to mission $300 · Unrelated business $0 · Excluded from tax $0$300
VIII-12 Total revenueRelated to mission $300 · Unrelated business $0 · Excluded from tax $0$218,643
Part IX · Statement of functional expenses $162,095 across 7 lines filed
IX-7 Other salaries and wagesPrograms $39,243 · Management $0 · Fundraising $0$39,243
IX-10 Payroll taxesPrograms $3,002 · Management $0 · Fundraising $0$3,002
IX-11c Accounting feesPrograms $0 · Management $575 · Fundraising $0$575
IX-13 Office expensesPrograms $0 · Management $1,441 · Fundraising $0$1,441
IX-22 Depreciation, depletion and amortizationPrograms $1,475 · Management $0 · Fundraising $0$1,475
IX-24 Other expenses (24a–d)Programs $103,932 · Management $2,536 · Fundraising $0$106,468
IX-24e All other expensesPrograms $1,355 · Management $8,536 · Fundraising $0$9,891
IX-25 Total functional expensesPrograms $149,007 · Management $13,088 · Fundraising $0$162,095
Part X · Balance sheet $251,800 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $192,937$245,755
X-10c Land, buildings and equipment, netStart of year $2,290$6,045
X-16 Total assetsStart of year $195,227$251,800
X-17 Accounts payable and accrued expensesStart of year $1,709$1,734
X-26 Total liabilitiesStart of year $1,709$1,734
X-27 Net assets without donor restrictionsStart of year $193,518$250,066
X-32 Total net assets or fund balancesStart of year $193,518$250,066
X-33 Total liabilities and net assetsStart of year $195,227$251,800
Part XI · Reconciliation of net assets $250,066 net assets at year end
XI-1 Total revenue$218,643
XI-2 Total expenses$162,095
XI-3 Revenue less expenses$56,548
XI-4 Net assets at start of year$193,518
XI-10 Net assets at end of year$250,066

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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