2024-11-14T10:32:51-06:00 2023-12-31 710825859 EMRICH & SCROGGINS LLP CPA'S 920 NORTH JEFFERSON EL DORADO AR 717304621 990 2023-01-01 710236863 SHARE FOUNDATION SHAR 8708819015 2299 CHAMPAGNOLLE ROAD EL DORADO AR 71730 BRIAN W JONES PRESIDENT/CEO 8708819015 2024-11-12 1 0 STACY D SCROGGINS CPA P00773646 8708626510 X 2023 2024-10-15 13:58:12Z BRIAN W JONES 2299 CHAMPAGNOLLE ROAD EL DORADO AR 71730 27001351 0 X WWW.SHAREFOUNDATION.COM X 1996 AR TO IDENTIFY, DEVELOP AND FOSTER PROGRAMS AND SERVICES THAT FURTHER THE HEALTH AND WELL BEING OF THE PEOPLE OF OUR COMMUNITY AND SURROUNDING AREAS. 11 11 133 288 0 0 1589878 1740922 3943650 1755866 1357245 9258886 29592 14158 6920365 12769832 360217 18341461 0 0 4874125 3782629 0 0 147523 3451678 3394044 8686020 25518134 -1765655 -12748302 73223694 62792170 1058856 753728 72164838 62038442 TO IDENTIFY, DEVELOP AND FOSTER PROGRAMS AND SERVICES THAT FURTHER THE HEALTH AND WELL BEING OF THE PEOPLE OF OUR COMMUNITY AND SURROUNDING AREAS. 0 0 22881432 18341461 1762045 THE VISION OF SHARE FOUNDATION IS TO BUILD A HEALTHIER COMMUNITY. THE MISSION OF SHARE FOUNDATION IS "TO IDENTIFY, DEVELOP AND FOSTER PROGRAMS AND SERVICES THAT FURTHER THE HEALTH AND WELL BEING OF THE PEOPLE OF OUR COMMUNITY AND SURROUNDING AREAS". THE IMPACT VALUE OF SHARE IS INTEGRITY, MOTIVATED, PROFESSIONALISM, ADAPTABILITY, COMPASSION AND TEAMWORK. SHARE FOUNDATION SERVICES INCLUDE: LIFE TOUCH HOSPICE, CHAPLAINCY SERVICES, EXTREME YOUTH PROGRAMS, KNOX WHITE HEALTHWORKS FITNESS CENTER, INTERFAITH CLINIC, SCHOLARSHIPS AND GRANTS. MORE INFORMATION IS PROVIDED ABOUT THESE PROGRAMS AND SERVICES ON THE RESPECTIVE PAGES OF THE ORGANIZATION'S WEBSITE WHICH IS WWW.SHAREFOUNDATION.COM 22881432 1 1 0 0 0 1 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 133 1 0 0 0 0 1 1 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR X BRIAN W JONES 8708819015 2299 CHAMPAGNOLLE ROAD EL DORADO AR 71730 STEVE COUSINS CHAIRMAN 0.50 X X 0 0 0 STEVE CAMERON VICE-CHAIRMAN 0.50 X X 0 0 0 MICHAEL DONNELLA BOARD MEMBER 0.50 X 0 0 0 STEVE COSSE BOARD MEMBER 0.50 X 0 0 0 TERRY NORMAN BOARD MEMBER 0.50 X 0 0 0 LARKIN WILSON BOARD MEMBER 0.50 X 0 0 0 ROB REYNOLDS BOARD MEMBER 0.50 X 0 0 0 DR GREG SMART BOARD MEMBER 0.50 X 0 0 0 MINDY WEST BOARD MEMBER 0.50 X 0 0 0 CHRIS HEGI BOARD MEMBER 0.50 X 0 0 0 MARCIA FORD BOARD MEMBER 0.50 X 0 0 0 BRIAN W JONES PRESIDENT/CEO 40.00 X 360408 0 35661 BRITNEY SNELL TREASURER/VP OF FINANCE 40.00 X 159254 0 21677 SHAWNA RUFFIN HR DIRECTOR 40.00 X 103974 0 17459 623636 0 74797 3 0 1 0 PONDER & CO 10 CADILLAC DRIVE SUITE 120 BRENTWOOD TN 37027 HEALTHCARE CONSULTING 320563 FRIDAY ELDREDGE & CLARK 400 W CAPITOL AVENUE SUITE 2000 LITTLE ROCK AR 72201 LEGAL 195175 PYAC PC DEPT 888255 KNOXVILLE TN 37995 ACCOUNTING CONSULTING 191400 SIMITREE HEALTHCARE CONSULTING 4130 WHITNEY AVENUE HAMDEN CT 06518 HOSPICE CONSULTING 175341 HUDSON MEMORIAL NURSING HOME 700 NORTH COLLEGE EL DORADO AR 71730 NURSING HOME ROME & BOARD 171786 5 937947 183803 619172 376288 1740922 PATIENT SERVICE REVENUE 900099 1507510 1507510 HEALTH WELLNESS REVENUE 900099 248356 248356 1755866 2243279 2243279 18615000 2594316 14193709 0 4421291 2594316 7015607 7015607 45789 37810 7979 7979 OTHER INCOME 900099 6179 6179 6179 12769832 1762045 0 9266865 18264493 18264493 76968 76968 519662 333935 165460 20267 2579506 1657590 821315 100601 179873 115586 57272 7015 276641 177770 88082 10789 226947 145836 72260 8851 24415 24415 30675 30675 541430 541430 375671 4938 370733 41326 20512 20814 150949 100633 50316 378463 359224 19239 72657 48438 24219 445169 442142 3027 173473 152830 20643 MEDICAL SUPPLIES 501644 501644 CONTRACT LABOR 382555 229533 153022 DUES & SUBSCRIPTIONS 120519 113871 6648 GRANT EXPENSE 80010 80010 75088 55479 19609 25518134 22881432 2489179 147523 206376 335117 84368 851657 1534812 31886 48438 17009221 10132893 7208526 6876328 64490632 54105277 99500 142947 73223694 62792170 274884 129186 316039 300000 28864 26425 439069 298117 1058856 753728 X 70823135 60432463 1341703 1605979 72164838 62038442 73223694 62792170 -12748302 2621906 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 1800 17686 1156506 1 1 X 0 1017022 1800 155370 17686 1156506 1000024 28000 8318 19320 1017022 728324 195090 102141 25531 1000024 646828 21025 69846 9375 728324 554577 20000 96493 24242 646828 0.74000 0.26000 0 0 805000 805000 14467495 8660204 5807291 1736726 1472689 264037 6876328 FIXED INCOME SECURITIES 9456109 F EQUITY SECURITIES 35544329 F FUND OF FUNDS 4680852 F PRIVATE CREDIT 4342117 F PRIVATE EQUITY 81870 F 54105277 ACCRUED EXPENSES 285008 CASH 13109 298117 X 14865047 2621906 14739 2636645 12228402 541430 541430 12769832 24991443 14739 14739 24976704 541430 541430 25518134 PART III, LINE 1A: ART COLLECTION - WORKS OF ART, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS IN ACCORDANCE WITH FASB ASC, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. AT DECEMBER 31, 1996, THE ORGANIZATION?S ART COLLECTION HAD AN APPRAISED VALUE OF $346,050. NO APPRAISAL HAS BEEN PERFORMED SUBSEQUENT TO THIS DATE. SINCE THE APPRAISAL, THE ORGANIZATION RECEIVED CONTRIBUTIONS OF 28 PAINTINGS WITH AN APPROXIMATE VALUE OF $48,300. NO SUCH CONTRIBUTIONS WERE RECEIVED DURING THE YEAR ENDED DECEMBER 31, 2023. PART V, LINE 4: THE ENDOWED FUNDS WERE ESTABLISHED FOR SCHOLARSHIPS AND HEALTHCARE FOR INDIVIDUALS IN NEED. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAS AN INTEREST IN AN INVESTMENT PARTNERSHIP FORMED TO ACHIEVE CAPITAL APPRECIATION AND OTHER INCOME FROM A PORTFOLIO OF INVESTMENTS IN MEDIA, COMMUNICATION AND RELATED BUSINESSES WHICH IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. AT DECEMBER 31, 2023, THE ORGANIZATION HAD NO TAX LIABILITY RELATED TO THE UNRELATED BUSINESS ACTIVITY. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES 14,739. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS EXPENSES 14,739. ROUNDING 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 PART I, LINE 2: N/A - THE ORGANIZATION DOES NOT PROVIDE GRANTS TO INDIVIDUALS OR ORGANIZATIONS OUTSIDE OF THE UNITED STATES. SCHEDULE F FOREIGN INVESTMENTS THE ORGANIZATION HAD ALTERNATIVE INVESTMENT FUNDS DURING THE TAX YEAR 2023 THAT WERE HELD IN OFFSHORE ACCOUNTS. SOME OF THE INVESTMENTS CONSISTED OF HEDGE FUNDS FOR THE PURPOSE OF OPTIMIZING THE RETURN ON THE MANAGED INVESTMENT PORTFOLIO. THE ORGANIZATION DID NOT MEET THE FILING REQUIREMENTS TO FILE FORMS 5471, 8621 AND 8865 FOR THE YEAR ENDED DECEMBER 31, 2023. THE FMV OF THE ORGANIZATION'S INVESTMENTS AT 12/31/23 WAS APPROXIMATELY $54M AND THE INVESTMENT CONSULTANT ESTIMATES THAT FOREIGN HOLDINGS OWNED DIRECTLY AND INDIRECTLY COMPRISE 17.5% OF THAT AMOUNT. GOLF TOURNAMENT 45808 45808 4700 3961 2534 7694 HEALTHWORKS 5K 7588 7588 4564 53396 53396 4700 3961 2534 12258 23453 29943 1 TURNING POINT 40000 0 SALARIES TO ADDRESS HEALTH PRIORITY AREAS FOR INTIMATE PARTNERS VIOLENCE SURVIVORS SOUTH ARKANSAS ARTS CENTER 25000 0 SCHOLARSHIPS FOR AFTER SCHOOL AND SUMMER CAMP EAGLE FOUNDATION 50000 0 LEARNING CENTER STAFF SALARIES AND BENEFITS WYATT BAPTIST CHURCH 52000 0 CHURCH ADOPT-A-SCHOOL COORDINATOR WAGES HOPE LANDING 52000 0 LIFE SKILLS INTERVENTION WITH CLIENTS AND PARENTS MAGDALENE HOUSE 20000 0 TRANSITIONAL HOUSING PROGRAM EXPENSES IMMANUEL BAPTIST CHURCH 9000 0 DISC GOLF COURSE FOR COMMUNITY USE HANNAH PREGNANCY CENTER 47000 0 NEW HOPE PROGRAM ADDRESSING PARENTING, LIFE SKILLS, AND REENTRY SOUTH ARKANSAS REGIONAL HOSPITAL 17964493 0 OPERATIONS SCHOLARSHIPS 16 39660 PART I, LINE 2: ORGANIZATION REQUIRES FINANCIAL STATEMENTS AND REPORTS TO BE SUBMITTED BY RECIPIENTS. X 1 1 X X X 0 0 0 0 0 0 0 0 0 BRIAN W JONES PRESIDENT/CEO 360408 0 0 0 0 0 26400 0 9261 0 396069 0 0 0 BRITNEY SNELL TREASURER/VP OF FINANCE 159254 0 0 0 0 0 12416 0 9261 0 180931 0 0 0 DR GREG SMART BOARD MEMBER 715 SHARE FOUNDATION USED COMPANY OWNED BY THE BOARD MEMBER TO COMPLETE EMPLOYEE DRUG SCREENS 0 X 8 376288 MARKET 0 0 1 PART I, LINE 32B: ORGANIZATION USES AN INVESTMENT COMPANY TO RECEIVE CONTRIBUTIONS OF STOCKS AND THEIR POLICY IS TO SELL THE STOCK CERTIFICATES UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11B THE SHARE BOARD RECEIVES THE 990 WITH THEIR BOARD PACKET TO REVIEW PRIOR TO FILING. AT THE MEETING THEY ARE AFFORDED A QUESTION/ANSWER TIME WITH THE PREPARER. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A DISCLOSURE FORM THAT THE BOARD MEMBERS SIGN ANNUALLY WHICH STATES THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT OF INTEREST POLICY AND THAT THEY AGREE TO COMPLY WITH STATED POLICY. ANY NEW BOARD MEMBERS RECEIVE THE POLICY AND SIGN THE DISCLOSURE AS PART OF THE BOARD MEMBER ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO EMPLOYMENT, COMPENSATION AND BENEFITS TO EMPLOYEES, CONSULTANTS, CONTRACT WORKERS AND VOLUNTEERS, THE BOARD AND THE PRESIDENT/CEO SHALL OPERATE SHARE FOUNDATION IN A MANNER WHICH IS LEGAL, ETHICAL, NONDISCRIMINATORY AND PROTECTS SHARE'S PUBLIC IMAGE, FISCAL INTEGRITY AND TAX-EXEMPT STATUS. A "DISQUALIFIED PERSON" IS DEFINED AS ANYONE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER SHARE FOUNDATION. THE BOARD OF DIRECTORS OF SHARE FOUNDATION SHALL CONDUCT AN ANNUAL ANALYSIS OF THE REASONABLENESS OF THE COMPENSATION AND BENEFITS FOR THE PRESIDENT/CEO AND ANY OTHER "DISQUALIFIED PERSON" BASED ON COMPARABILITY DATA, TO THE EXTENT THAT SUCH COMPARABILITY DATA IS AVAILABLE. IN NO INSTANCE SHALL EXCESS BENEFITS (VALUE OF COMPENSATION IN EXCESS OF MARKET VALUE OF SERVICES OR IN EXCESS OF THE BENEFIT PROVIDED TO SHARE) BE GIVEN TO A "DISQUALIFIED PERSON". FULL BOARD APPROVAL OF THE COMPENSATION FOR THE PRESIDENT/CEO AND ANY OTHER "DISQUALIFIED PERSON" IS REQUIRED AND SHALL BE DOCUMENTED IN THE MINUTES OF THE MEETING IN WHICH APPROVAL OCCURRED. THE IRS REBUTTABLE PRESUMPTION CHECKLIST WILL BE COMPLETED ON EACH "DISQUALIFIED PERSON" OUTLINING THE DOCUMENTATION OF THE PROCESS USED BY THE BOARD TO REVIEW AND DETERMINE THE REASONABLENESS OF THE COMPENSATION APPROVED. THE REBUTTABLE PRESUMPTION CHECKLIST WILL BE REVIEWED AND APPROVED BY THE BOARD AND INCLUDED IN THE MINUTES OF THE MEETING IN WHICH IT WAS APPROVED. COMPENSATION AND BENEFITS SHALL BE FLEXIBLE ENOUGH TO ATTRACT AND RETAIN EMPLOYEES WHO ARE BEST ABLE TO ASSIST SHARE IN ACHIEVING ITS MISSION, INCLUDING THE ABILITY TO ATTRACT A DIVERSE WORKFORCE AND PROVIDE OPPORTUNITIES FOR PROFESSIONAL GROWTH. ONLY THE BOARD OF DIRECTORS CAN CHANGE THE PRESIDENT/CEO'S COMPENSATION AND BENEFITS. THE PRESIDENT/CEO SHALL NOT INCUR ANY COMPENSATION OR BENEFIT OBLIGATIONS OVER A LONGER TERM THAN REVENUES CAN SAFELY BE PROJECTED, IN NO EVENT LONGER THAN ONE YEAR, AND IN ALL EVENTS SUBJECT TO LOSSES OF REVENUE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MAINTAINED AT THE OFFICE LOCATED AT 2299 CHAMPAGNOLLE ROAD, EL DORADO, AR 71730. ANY PERSONS INTERESTED MAY REVIEW THEM AT THE OFFICE OR COPIES ARE PROVIDED IF REQUESTED.