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International : Development and Relief Services

Shared Interest

Investing in South Africa's future

four stars

92.38

121 West 27th Street Suite 805
New York, NY 10001
tel: (212) 337-8547   Web Site
EIN: 13-3836581

Board Leadership
Timothy Smith
Chair

CEO
Donna Katzin
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 92.38 four stars
  Financial 90.00 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Shared Interest was established in 1994 by the Fund for a Free South Africa, an organization established by black South Africans living in exile in the U.S. Shared Interest's mission is to mobilize the resources for South Africa's economically disenfranchised communities to sustain themselves and build an equitable nation. To date Shared Interest has assisted more than 450,000 of the country's most economically disenfranchised people. Shared Interest provides low-income South Africans of color with access to credit to launch small businesses, create jobs and build secure new communities. Shared Interest borrows money in the U.S. to build its fund to guarantee loans for South Africa's township and rural borrowers and its budding financial institutions.

Shared Interest was established in 1994 by the Fund for a Free South Africa, an organization established by black South Africans living in exile in the U.S. Shared Interest's mission is to mobilize the resources for South Africa's economically disenfranchised communities to sustain themselves and build an equitable nation. To date Shared Interest has assisted more than 450,000 of the country's most economically disenfranchised people. Shared Interest provides low-income South Africans of color with access to credit to launch small businesses, create jobs and build secure new communities. Shared Interest borrows money in the U.S. to build its fund to guarantee loans for South Africa's township and rural borrowers and its budding financial institutions.

Impact Information

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Financial

four stars

90.00

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.7%
  Administrative Expenses 3.3%
  Fundraising Expenses 8.9%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 1.41
  Program Expenses Growth 15.2%
  Liabilities to Assets 86.2%
All data for Financial Performance Metrics calculations was provided by Shared Interest on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Shared Interest on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Shared Interest (NY) 92.38 four stars
Mercy-USA for Aid and Development (MI) 94.69 four stars
The Hunger Project (NY) 91.19 four stars
Mission: Hope (GA) 92.54 four stars
Grassroots International (MA) 90.84 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,568,808
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $189,783
   Related Organizations $0
   Government Grants $0
Total Contributions $1,758,591
   Program Service Revenue $255,875
Total Primary Revenue $2,014,466
   Other Revenue $152,018
TOTAL REVENUE $2,166,484
   
EXPENSES  
   Program Expenses $1,589,997
   Administrative Expenses $60,674
   Fundraising Expenses $121,313
TOTAL FUNCTIONAL EXPENSES $1,771,984
   
Payments to Affiliates $0
Excess (or Deficit) for the year $394,500
   
Net Assets $2,515,488

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Microloans $1,589,997 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 06/01/2019 92.38 four stars
2016-12 06/01/2018 89.75 three stars
2015-12 04/01/2017 85.89 three stars
2014-12 06/01/2016 82.51 three stars
 
CN 2.0
2014-12 12/22/2015 81.35 three stars
2013-12 04/01/2015 76.62 two stars
2012-12 02/01/2014 90.37 four stars
2011-12 03/01/2013 88.27 three stars
2010-12 03/01/2012 89.30 three stars
2009-12 09/20/2011 83.52 three stars
 
CN 1.0
2009-12 03/01/2011 73.48 two stars
2008-12 04/01/2010 84.39 three stars
2007-12 02/01/2009 83.12 three stars
2006-12 12/01/2007 84.13 three stars
2005-12 12/15/2006 79.25 two stars
2004-12 01/01/2006 77.51 two stars
2003-12 08/01/2005 87.43 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3836581
Name in IRS Master File SHARED INTEREST INC
NTEE Code Q32
NTEE Classification International Economic Development
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (403) Attracting new industry or retaining industry in an area
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1995
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$63,000 3.55% Donna Katzin Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Shared Interest (NY) 92.38 four stars
EMpower (NY) 91.55 four stars
Solar Electric Light Fund (DC) 89.02 three stars
Mentors International (UT) 91.16 four stars
Safe Water Network (NY) 91.11 four stars

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Charity Contact Info

Shared Interest
121 West 27th Street
Suite 805
New York, NY 10001
tel: (212) 337-8547
fax: (212) 337-8548
EIN: 13-3836581

Visit Web Site

Board Leadership

Timothy Smith
Chair

CEO

Donna Katzin
Executive Director

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