Shared Beat EIN 20-4091959

Shared Beat

EIN  20-4091959 Public charity (501(c)(3)) Boerne, TX
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Size
$100K–1M
What they do
Offers free health screenings in underserved areas, primarily Guatemala City.
Leadership
Jinny Brack · Member
Money in and out
$235K revenue, $187K expenses
Bottom line
88% program efficiency

Offers free health screenings in underserved areas, primarily Guatemala City. For fiscal year 2024 it reported $235K in revenue, $187K in expenses, and $519K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$519K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
33.7mo
months of highly liquid reserves at operating expense rate▼ -14% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$235K
FY2024▲ +31%
Total revenue
$235K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$519K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$524K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $164K of program spending, described in the organization's own filed words · FY2024.
01

Bi-annual medical outreach teams of medical and support staff provided physical and eye exams on over 1000 students. Shared beat's financial stability enabled continued support to our partners unchanged. Our rural partnership, juntos saludables is adding schools each year with anticipated 9 schools in total in 2025.

$91Kprogram expense
02

Scholarship Program

Shared beat's scholarship program ended the year with 16 scholarship students. Our first medical student graduated. We will start 2025 with 19 students. Shared beat continues to receive generous grants from christadelphian meal-a-day fund and the divine foundation provide additional support to the scholarship program.

$64Kprogram expense
03

Health Education Program

Shared beat supports health education at safe passage through monetary support for a full-time health education teacher. This provides bi-monthly health education classes for 500 students. Shared beat supports health education in the rural communities of santo domingo, santa rosa ii, el sargento and san bartoleme, candaleria through a…

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShared Beat
EINHdr · item D20-4091959
Principal addressHdr · item CBoerne, TX
WebsiteHdr · item Jwww.sharedbeat.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E70)
Ruling yearIRS BMFMay 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$231K · 98%
Investment income$20K · 9%
Contributions & grants98%$231K
Investment income9%$20K
Total revenueLn 12$235K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$164K
Management & general12%$23K
Total functional expensesLn 25$187K

Balance Sheet

Part X · end of year
CashLn 1$524K
Total assetsLn 16$524K
Total liabilitiesLn 26$5K
Total net assetsLn 32$519K
Months of cash on handcomputed33.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $524K · Operating expenses/yr $187K
33.7 months
Where the money goes
Program services
Program services $164K · Total expenses $187K
88%
Management & General
Management & general $23K · Total expenses $187K
12%
Fundraising
Fundraising $0 · Total expenses $187K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $231K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $231K · Total revenue $235K
98%
Government reliance
Government grants — · Total revenue $235K
Earned-income share
Program service revenue $0 · Total revenue $235K
0%
Investment reliance
Investment income $20K · Total revenue $235K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $187K
0%
Growth & trend
Revenue growth (YoY)
This year $235K · Prior year $179K
+31%
Revenue CAGR
FY2020 $105K · FY2024 $235K
+22%
Net-asset trend (YoY)
End of year $519K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $235K · Expenses $187K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $524K
Net-asset ratio
Net assets $519K · Total assets $524K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $524K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jinny Brack · Reported title MEMBER · Highest reported compensation $0 · Total expenses $187K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $187K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 31%
Investment management fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$72K
See all 3 funders →
Grants paid · 1 grant · $64K · 2024–2024
Unitemized GrantFY2024$64,062

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$235K revenue · viewing · ⤓ 990 PDF
FY2023$179K revenue · ⤓ 990 PDF
FY2022$199K revenue · ⤓ 990 PDF
FY2021$153K revenue · ⤓ 990 PDF
FY2020$105K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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