Financial Report for the period ending December 31, 2022
| Composition of Net Assets | |
|---|---|
| Current Assets | 65,258,041 |
| Fixed Assets | 7,208,526 |
| Other Assets | 757,127 |
| Total Assets | 73,223,694 |
| Total Current Liabilities | 1,058,856 |
| Net Assets | 73,223,694 |
| Invested Assets | 64,825,749 |
| Other Assets | 7,339,089 |
| Net Assets | 73,223,694 |
| Statement of Activities | |
|---|---|
| Total Revenue, Gains and other Support | (3,144,551) |
| Expenses | |
|---|---|
| Program Services | 6,022,197 |
| Management & General | 2,107,783 |
| Fund Raising | 175,028 |
| Total Functional Expenses | 8,305,008 |
| Change in Net Assets | (11,449,559) |
For the year ended December 31, 2022, 73% of every dollar spent by SHARE Foundation was for Program Services.
