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Financial Report

Financial Report for the period ending December 31, 2016

Current Assets 56,062,263
Fixed Assets 8,816,314
Other Assets    402,308
Total Assets 65,280,885
Total Current Liabilities 1,453,022
Net Assets 63,827,863
Composition of Net Assets
Invested Assets 54,544,374
Other Assets 9,283,489
Net Assets 63,827,863
Statement of Activities
Total Revenue Gains and other Support 10,028,255
Expenses
Program Services 8,610,142
Management & General 972,678
Fund Raising   240,241
Total Functional Expenses 9,823,061
Change in Net Assets 205,194
For the year ended December 31, 2016, 88% of every dollar spent by SHARE Foundation was for Program Services.

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