Sheared INC EIN 47-1856390

Sheared INC

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Transforms lives by providing trauma resources and education, and creating media that advocates healing. For fiscal year 2025 it reported $287K in revenue, $397K in expenses, and $5K in net assets.Pt I

Founded
2014
Type
Public charity (501(c)(3)) · Human Services
Location
New York, NY
Website
www.healingtreenonprofit.org
Filings
6 on file (2020–2025)
Revenue
$287KFY2025
Expenses
$397K
Net assets
$5K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-1856390 Public charity (501(c)(3)) New York, NY Founded 2014
Form 990 (PDF)
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Size
$100K–1M
What they do
Transforms lives by providing trauma resources and education, and creating media that advocates healing.
Leadership
Marissa Ghavami · Executive Director · $71K
Money in and out
$287K revenue, $397K expenses
Bottom line
83% program efficiency
Where the money goes · FY2025
Total revenue
$287K
Pt VIII · Ln 12
Total expenses
$397K
Pt IX · Ln 25
Net assets
$5K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$110K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.09 Fundraising $0.08
Program efficiency
83%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -96% vs prior filing year
Surplus margin
-38%
revenue over expenses, this year▼ -483% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$287K
FY2025▼ -14%
Expenses
$397K
FY2025▲ +32%
Total assets
$6K
FY2025▼ -95%
Total liabilities
$1K
FY2025▲ +13%
Total revenue
$287K
Pt VIII · Ln 12
Total expenses
$397K
Pt IX · Ln 25
Net assets
$5K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$110K
Total assetsPt X · Ln 16$6K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $312K of program spending, described in the organization's own filed words · FY2025.
01

Emdr Therapy Training

Emdr (eye movement desensitization and reprocessing) therapy is a leading, evidence-based, trauma-focused treatment modality. It is highly effective in treating the widespread conditions related to trauma but often cost-prohibitive for professionals, especially those in under-resourced communities, to get trained in.

$163Kprogram expense
02

Production

Healing tree produces theatre, film and television to empower the social change necessary to create a healing movement. Our short film 'silk' (used in the 'silk' screening + workshop program) is a prime example of this. In 2025, we shot our next short film 'the knock shadow'.

$131Kprogram expense
03

Fiscal Sponsorships

Healing tree offers fiscal sponsorships for film, television, theatre and other projects which are in alignment with our mission. Being fiscally sponsored by a nonprofit means that your project gets to benefit from the 501(c)(3) status that we have, making your donors' (monetary and in kind I.E.

$19Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSheared INC
EINHdr · item D47-1856390
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.healingtreenonprofit.org
Year of formationHdr · item L2014
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P62)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$70,942Pt VII · Sec A
Treasurer (beg. April 2025)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer (thru March 2025)
$0Pt VII · Sec A

Marissa Ghavami’s $71K as Executive Director is at the 62nd percentile of top reported officer pay among 2165 $100K–1M human services 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
Marissa Ghavami$70,942$73,491$58,467$81,867$42,284$39,575
Stephanie Mangan$9,465

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.

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Statement of Revenue

Part VIII
Contributions & grants$249K · 87%
Program service revenue$36K · 13%
Other revenue$2K · 1%
Contributions & grants87%$249K
Program service revenue13%$36K
Other revenue1%$2K
— government grantsLn 1e$146K
Total revenueLn 12$287K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.09 Fundraising $0.08
Program services83%$329K
Management & general9%$37K
Fundraising8%$31K
Total functional expensesLn 25$397K

Balance Sheet

Part X · end of year
CashLn 1$6K
Total assetsLn 16$6K
Total liabilitiesLn 26$1K
Total net assetsLn 32$5K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6K · Operating expenses/yr $397K
0.2 months
Where the money goes
Program services
Program services $329K · Total expenses $397K
83%
Management & General
Management & general $37K · Total expenses $397K
9%
Fundraising
Fundraising $31K · Total expenses $397K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $157K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $249K · Total revenue $287K
87%
Government reliance
Government grants $146K · Total revenue $287K
51%
Earned-income share
Program service revenue $36K · Total revenue $287K
13%
Investment reliance
Investment income $0 · Total revenue $287K
0%
Program self-sufficiency
Program service revenue $36K · Total expenses $397K
9%
Growth & trend
Revenue growth (YoY)
This year $287K · Prior year $334K
-14%
Revenue CAGR
FY2020 $89K · FY2025 $287K
+26%
Net-asset trend (YoY)
End of year $5K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $287K · Expenses $397K
-38%
Liabilities-to-Assets
Total liabilities — · Total assets $6K
Net-asset ratio
Net assets $5K · Total assets $6K
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marissa Ghavami · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $71K · Total expenses $397K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $85K · Total expenses $397K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 9%
Fundraising cost ratio 12%
Revenue growth -14%

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 2 funders$8K
Grants paid · 1 grant · $19K · 2025–2025

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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
FY2025 (Latest)$287K revenue · viewing · ⤓ 990 PDF
FY2024$334K revenue · ⤓ 990 PDF
FY2023$231K revenue · ⤓ 990 PDF
FY2022$464K revenue · ⤓ 990 PDF
FY2021$102K revenue · ⤓ 990 PDF
FY2020$89K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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