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CHARITY REVIEW
Issued: September 2024 Expires: September 2026

Community Shares of Mid Ohio

Accredited Charity
Accredited Charity

Meets Standards
(614) 262-1176
1699 W Mound St
Columbus, OH, 43223
https://communityshares.net/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Community Shares of Mid Ohio meets the 20 Standards for Charity Accountability.

Stated Purpose:

MISSION STATEMENT: 

Community Shares of Mid Ohio builds mutually beneficial relationships and secures resources to empower member nonprofits in Central Ohio.

VISION STATEMENT: 

 Nonprofits collaboratively creating a more just, caring and healthy community for all.

Year, State Incorporated:
1992, OH

PROGRAMS & SERVICES: Community Shares of Mid Ohio, started in 1993 and has grown into a coalition of 65 or more diverse nonprofits making an impact in Columbus and Central Ohio. Through workplace giving campaigns, our donors help these member charities fulfill their missions.

 

VALUES:

Accountability to All - Transparency, accountability & equity act as the foundations for Community Shares and our member nonprofits.

Donor First - Generosity and trust form the base of our relationship with donors which we honor through a commitment to their designated choices.

Stronger Together - Our inclusiveness extends beyond just our members and partners to include individuals, values and ideas that contribute to each of us and our organizations as a whole.

Working for the Future - We pursue a more just, caring and healthy community by the dedicated work of Community Shares, our member nonprofits and partners.

For the year ended June 30, 2024, Community Shares of Mid Ohio's program expenses were:

Program Services $690,835
Total Program Expenses $690,835

Chief Executive
Ryan Kovalaske, Executive Director

Chair of the Board
Melissa Wolf Starr

Chair's Profession / Business Affiliation
Jewish Family Services

Board Size
10

Method(s) Used:
Television, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Community Shares of Mid Ohio's audited financial statements for the year ended June 30, 2024.

Source of Funds
Workplace Contributions $473,052
Grant Income $272,050
Contributions $198,840
Membership Fees $141,224
Program Income $122,075
Donated Facilities, Goods & Services $18,000
Annual Dues $17,875
Interest and Dividend Income $5,479
Unrealized Gain (Loss) from Investments $2,821
Annual Fees $1,135
Application Fees $825
Employee Retention Credit $40
Distributions to Agencies $-473,052
Total Income $780,364

Programs: 92% Fundraising: 1% Administrative: 7%

Total Income $780,364
Total expenses: $754,974
  Program expenses $690,835
  Fundraising expenses $10,825
  Administrative expenses $53,314
  Other expenses $0
Income in Excess of Expenses $25,390
Beginning Net Assets $76,987
Other Changes In Net Assets $0
Ending Net Assets $102,377
Total Liabilities $285,898
Total Assets $388,275

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB of Central Ohio