Sharing Life Community Outreach
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Sharing Life Community Outreach meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to end hunger and poverty by demonstrating compassion to those in need through food, clothing, financial resources, and education programs."
Year, State Incorporated:
1999, TX
Sharing Life Community Outreach (SLCO) reports that it assists families with basic needs including a full-service pantry, financial assistance and coaching, educational programs, and back-to-school and holiday events. The organization operates a hub in partnership with the North Texas Food Bank and has approximately 100 community distribution partners that provide food to those in their neighborhoods. In 2023, SLCO reported it helped distribute more than 11 million pounds of food and paid $972,169 in financial assistance.
For the year ended September 30, 2023, Sharing Life Community Outreach's program expenses were:
Food hub | $16,940,516 |
Client services | $8,108,339 |
Opal J. Smith food pantry | $580,478 |
Total Program Expenses | $25,629,333 |
Chief Executive
Teresa Jackson, Chief Executive Officer
Compensation*
$98,625
Chair of the Board
Jim Phaup
Chair's Profession / Business Affiliation
Retired Chief Executive Officer, Sanden International
Board Size
11
Paid Staff Size
28
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Print advertisements
Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $31,414,209, are donations received as a result of fundraising activities.)
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 Sharing Life Community Outreach's audited financial statements for the year ended September 30, 2023.
Source of Funds
In-kind contributions | $23,454,883 |
Contributions | $6,559,745 |
Grants | $1,072,939 |
Service fees | $532,850 |
Special events, net | $326,642 |
Other income | $126,757 |
Investment income | $10,511 |
Total Income | $32,084,327 |
Programs: 99% Fundraising: 1% Administrative: 0%
Total Income | $32,084,327 |
Total expenses: | $26,009,271 |
Program expenses | $25,629,333 |
Fundraising expenses | $272,897 |
Administrative expenses | $107,041 |
Other expenses | $0 |
Income in Excess of Expenses | $6,075,056 |
Beginning Net Assets | $2,316,830 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $8,391,886 |
Total Liabilities | $863,137 |
Total Assets | $9,255,023 |
Note: According to SLCO's audited financial statements for the year ended September 30, 2023, the organization received in-kind contributions of $23,454,883, in the form of food ($22,666,783), clothing and household supplies ($533,130), rent ($200,000), furniture ($50,000), medical supplies and equipment ($3,044), and various goods for operations ($1,926).
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