Shade FY2024 filing

Great Falls, VA · Public charity (501(c)(3)) · Since 2014 · International

✓ Tax-deductible Latest data FY2024
Revenue
$638K
▲ +49% vs prior year
Spent
$407K
To programs
70%
Net assets
$844K
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
3 funders, incl. Fidelity Investments Charitable Gift Fund
$115K in the latest grant year.
Spent on programs?
70% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +49% vs prior year
Legal name (IRS)Hdr · item CShade
EINHdr · item D47-1489275
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2014
Year of formationHdr · item L2014
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CGreat Falls, VA
NTEE classificationIRS BMFInternational (Q30)
WebsiteHdr · item Jwww.shadetz.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.24 Fundraising $0.06
Program services70%$285K
Management & general24%$97K
Fundraising6%$25K
Total functional expensesLn 25$407K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$638K
FY2024▲ +49%
Expenses
$407K
FY2024▲ +29%
Program efficiency
70%
of spending reaches programs
Operating runway
14.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$851K
FY2024▲ +34%
Total liabilities
$7K
FY2024▲ +37%
Revenue less expensesPt I · Ln 19$231K
Total assetsPt X · Ln 16$851K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$482K
Total assetsLn 16$851K
Total liabilitiesLn 26$7K
Total net assetsLn 32$844K
Months of cash on handcomputed14.2

Statement of Revenue

Part VIII
Contributions & grants$570K · 89%
Program service revenue$120K · 19%
Investment income$5K · 1%
Contributions & grants89%$570K
Program service revenue19%$120K
Investment income1%$5K
Total revenueLn 12$638K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $482K · Operating expenses/yr $407K
14.2 months
Where the money goes
Program services
Program services $285K · Total expenses $407K
70%
Management & General
Management & general $97K · Total expenses $407K
24%
Fundraising
Fundraising $25K · Total expenses $407K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $441K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $570K · Total revenue $638K
89%
Government reliance
Government grants — · Total revenue $638K
—
Earned-income share
Program service revenue $120K · Total revenue $638K
19%
Investment reliance
Investment income $5K · Total revenue $638K
+0.8%
Program self-sufficiency
Program service revenue $120K · Total expenses $407K
29%
Growth & trend
Revenue growth (YoY)
This year $638K · Prior year $428K
+49%
Revenue CAGR
FY2020 $186K · FY2024 $638K
+36%
Net-asset trend (YoY)
End of year $844K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $638K · Expenses $407K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $851K
—
Net-asset ratio
Net assets $844K · Total assets $851K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $98 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $851K
0.01%
People & payroll
Highest Reported Total Compensation
Individual Claire Fedele · Reported title Executive Dir. · Highest reported compensation $53K · Total expenses $407K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $57K · Total expenses $407K
14%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%——
Overhead ratio 24%——
Fundraising cost ratio 4%——
Revenue growth 49%——
Investment management fee ratio 0.01%——
Legal fee ratio 0.4%——
Accounting fee ratio 3%——
Fundraising fee ratio 6%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$52,965Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Claire Fedele’s $65K as Executive Director is at the 60th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Claire Fedele$65,000$52,965————
Claire Fedele——$48,150$45,000$42,000$35,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shade executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Brings Christ's love and hope to people with albinism in Tanzania.

Provided by the organization

This section is blank until Shade claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $285K of program spending, described in the organization's own filed words · FY2024.
01

The Shade Campus is located on nearly 30 acres in Shinyanga, Tanzania, serving over 230 children from pre-kindergarten through fourth grade, with plans to expand. Students receive instruction in English, Swahili, reading, writing, math, science, history, geography, Bible, and physical education.

$163Kprogram expense
02

Outreach

Shade strengthens families and communities through programs that build skills, provide resources, and offer hope. The Community Club equips local youth with biblical teaching, mentorship, and practical training such as agriculture, poultry keeping, soap-making, and batik/fabric design.

$85Kprogram expense
03

Advocacy

Shade raises awareness and reduces stigma around albinism through seminars, trainings, and distribution of educational materials in schools, churches, and communities. We engage local leaders, pastors, teachers, and parents in order to build understanding and promote inclusion.

$37Kprogram expense

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Funders

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 3 funders →
Grants paid · 1 grant · $36K · 2020–2020
Unitemized GrantFY2020$35,500

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $930K$701K+46% 990 PDF
FY2024 Viewing $638K$407K+49% 990 PDF
FY2023 $428K$315K+9% 990 PDF
FY2022 $393K$271K+43% 990 PDF
FY2021 $275K$166K+48% 990 PDF
FY2020 $186K$95K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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