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Financial Report

Financial Report for the period ending December 31, 2015

Current Assets 55,371,541
Fixed Assets 9,373,991
Other Assets    351,030
Total Assets 65,096,562
Total Current Liabilities 1,368,893
Net Assets 63,727,669
Composition of Net Assets
Invested Assets 54,541,542
Other Assets 9,186,127
Net Assets 63,727,669
Statement of Activities
Total Revenue Gains and other Support 5,815,051
Expenses
Program Services 8,155,031
Management & General 891,281
Fund Raising    235,162
Total Functional Expenses 9,281,474
Change in Net Assets (3,466,423)
For the year ended December 31, 2015, 88% of every dollar spent by SHARE Foundation was for Program Services.

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