Sharefest Texas Inc

A nonprofit organization

$2,250 raised by 14 donors

8% complete

$30,000 Goal

With a Mission Statement of "To provide hope to the under-served through collaborative partnerships and community service" we identified four primary areas that are lacking the area support needed to survive the impacts made on them by the Pandemic.  Those areas include populations of Domestic Violence, Homeless, Vulnerable Family and Child Abuse.  We engaged organizations and neighborhoods in Tarrant County and its six surrounding counties to donate needed funds, furniture and household items used to furnish rental housing of domestic violence individuals and families.  Utilizing a volunteer corps that includes high school and university students, adult civic and business leaders to collect and distribute donated items to recipients in empty living quarters.  These make a huge impact on self-esteem, feeling of being cared about and a huge boost in hope for the recipients.  Since August of 2020 we've completely furnished 210 apartments and on target to surpass 100 in 2023.  To financially support that pace we need to more than double 2022 donation amount of over $10,000 (includes checks and NTXGD proceeds).

We also collect, refurbish and distribute bikes to the homeless which enables them to get to and sustain employment.  That qualifies them for housing grants, gets them off the street and further helps with their self-esteem, pride and hope for the future.  We've distributed over 130 bikes in last two years with many now living in apartments.

As we publish articles with pictures in social media about these events, donors see their items repurposed which instills community service with their children.  We've seen instances of those children donating their own items to ShareFest-Texas to give to the children of our recipients.

Another of our 11 initiatives involves helping assisted / palliative care families with members transitioning from a facility for any reason; i.e., going to memory care, hospice or from passing.  Upon notice from the family and facility, ShareFest-Texas volunteers will come and remove all furniture and belongings from the patient's unit and store it in a pre-defined storage entity for 30 days.  This move saves the family high rental fees of the care facility and provides time for the family to review and make decisions concerning the belongings and furniture.  Frequently families will donate furniture to SFT and medical devices to care facilities within thirty days or less thus saving considerable stress.





Mission

To Provide Hope to the Under-Served Through Collaborative Partnerships and Community Service. For Domestic Violence victim families HOPE arrives in the form of a fully furnished apartment or home with quality furniture and essential items. For Homeless Victims, Hope arrives in the form of a bicycle which enables them to find and get to their employment location consistently, demonstrate stability, qualify for sponsored apartment which we furnish and they come volunteer for us.

Needs

SFT is needing funds to support the collection, warehouse storage and distribution of furniture, household goods and essential supplies for ShareFest-Texas' Initiatives. The primary initiative is associated with the furnishing for Domestic Violence (Safe Haven+), Child Abuse (CPS), Homeless victim and refugee rental units. Since August 2020 ShareFest-Texas has now fully furnished over 2800 recipient apartments and houses and partially furnished many foster and adoptive care homes. Thus far in 2024 we've furnished 35 apartments. However, because of the April ending of the federal funding of the CARES Act (Covid Assistance) domestic violence and homeless cases have surged causing us to increase our rate to 3 & 4 apartments per week. We currently have 27 families in apartments without anything more than an air-mattress. We project SFT will furnish over 100 apartments in 2024.

Equity Statement

Sharefest-Texas Inc

Statement of Financial Position

As of March 31, 2024

-

-Total

ASSETS-

Current Assets-

Bank Accounts-

100 Cash-$34,134.45

Total Bank Accounts-$34,134.45

Other Current Assets-

Investments- $319,773.45

Total Other Current Assets - $319,773.45

Total Current Assets-$101,327.19

Fixed Assets-

161 Website - $9,159.50

165 Accumulated Deprec/Amort - $2,837.00

Total Fixed Assets - $6,322.50

Other Assets-

180 Warehouse - $65,620.00

Total Other Assets - $65,620.00

TOTAL ASSETS - $391,715.95

LIABILITIES AND EQUITY-

Liabilities-

Long-Term Liabilities-

220 Other long-term liabilities - $0

Total Liabilities - $0

Equity-

221 Thielman/Founder Equity - -$16,210.00

300 Opening Balance equity - $1,119.03

310 Retained Earnings - $430,975.04

Net Revenue - $ -$24,168.12

Total Equity - $391,715.95

Total Liabilities and Equity - $ 391,715.95

Organization Data

Summary

Organization name

Sharefest Texas Inc

Tax id (EIN)

46-1889536

Guidestar

Causes

Domestic/Family Violence & Advocacy

Operating Budget

$100,000 - $249,999

Counties Served

Collin, Dallas, Johnson, Parker, Tarrant, Wise

BIPOC Serving

Black or African American, Asian/Pacific Islander, Hispanic or Latinx

Equity Statement

Equity Statement

Address

1001 HURRICANE CREEK TRL
ARLINGTON, TX 76005

Phone

817-874-3245

Social Media