Totals
- Total revenue
- $2,758,458
- Total expenses
- $2,794,468
- Contributions and grants received
- $1,410,392
- Grants paid
- $922,983
- Program service revenue
- $1,324,460
- Investment income
- $60
- Other revenue
- $23,546
- Total assets, end of year
- $425,326
- Total liabilities, end of year
- $451,141
- Net assets or fund balances, end of year
- -$25,815
- Program services expenses (Part IX)
- $2,360,300
- Management and general expenses
- $377,351
- Fundraising expenses
- $56,817
- Program service expenses (Part III)
- $2,360,300
Program services were 84.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$47,377
-
1e · Government grants (contributions)
$158,223
-
1f · All other contributions, gifts and grants
$1,204,792
-
1g · Noncash contributions included above
$7,500
-
2a · Program service revenue: Good Food Economy
total $981,539 · related or exempt $981,539
-
2b · Program service revenue: Network Building
total $33,000 · related or exempt $33,000
-
2c · Program service revenue: Seattle Made
total $33,640 · related or exempt $33,640
-
2d · Program service revenue: Sustainability
total $105,818 · related or exempt $105,818
-
2e · Program service revenue: Youth Program
total $170,463 · related or exempt $170,463
-
3 · Investment income
total $60 · excluded $60
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$4,724
-
8a · Fundraising events: contributions included on line 1c
$47,377
-
8b · Fundraising events: direct expenses
$40,324
-
8c · Net income from fundraising events
total -$35,600
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$12,897
-
10c · Net income from sales of inventory
total $12,897 · related or exempt $12,897
-
11a · Other revenue: ERTC Tax Refund
total $46,249 · excluded $46,249
-
11e · Other revenue, total
$46,249
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $922,983 · program services $922,983
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $139,787 · program services $55,915 · management and general $69,893 · fundraising $13,979
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $489,893 · program services $455,440 · management and general $34,453
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $61,995 · program services $26,385 · management and general $35,610
-
10 · Payroll taxes
total $53,252 · program services $51,993 · management and general $1,259
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $30,959 · management and general $30,959
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $383,245 · program services $255,914 · management and general $119,293 · fundraising $8,038
-
12 · Advertising and promotion
total $144,991 · program services $144,694 · management and general $297
-
13 · Office expenses
total $106,588 · program services $56,370 · management and general $48,881 · fundraising $1,337
-
14 · Information technology
total $3,866 · program services $2,147 · management and general $1,719
-
15 · Royalties
total $0
-
16 · Occupancy
total $12,468 · management and general $12,468
-
17 · Travel
total $3,069 · program services $874 · management and general $2,195
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $116,572 · program services $78,105 · management and general $5,004 · fundraising $33,463
-
20 · Interest
total $11,906 · management and general $11,906
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $8,953 · program services $5,539 · management and general $3,414
-
24a · Other expenses: Prior Period Adjustment
total $191,618 · program services $191,618
-
24b · Other expenses: Program Expenses
total $104,823 · program services $104,823
-
24c · Other expenses: In-Kind Goods Expense
total $7,500 · program services $7,500
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $226,019 · end of year $303,147
-
2 · Savings and temporary cash investments
beginning of year $11,862 · end of year $11,922
-
3 · Pledges and grants receivable
beginning of year $145,728 · end of year $100,879
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $1,750 · end of year $1,750
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$10,103
-
10b · Land, buildings and equipment: accumulated depreciation
$2,475
-
10c · Land, buildings and equipment, net
beginning of year $3,139 · end of year $7,628
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $86,247 · end of year $174,408
-
19 · Deferred revenue
beginning of year $162,231
-
24 · Unsecured notes and loans payable
beginning of year $129,825 · end of year $276,733
-
27 · Net assets without donor restrictions
beginning of year $10,195 · end of year -$71,680
-
28 · Net assets with donor restrictions
end of year $45,865
Mission and programs · 2023
Mission
Seattle Good Business Network connects and inspires people to buy, produce, and invest locally, so that everyone has a meaningful stake in the local economy.
-
Good Food Economy: Initiatives to connect and strengthen the local food pipeline to build a resilient, sustainable, and just local food economy. Programming includes Good Food Forum, an online community of regional food businesses and organizations; Good Food Kitchens, food assistance, economic development, and local food resilience program serving Kind County that provides funds directly to restaurants and caterers to prepare meals for the food insecure, helping to keep their doors open and workers employed safely, while purchasing from local farms and producers, creating long-term local supply chain relationship; Seattle Restaurant Week, a biannual event that connects thousands of residents with hundreds of locally owned restaurants to enjoy seasonal, locally sourced menus. The events educate residents about local farms and producers and the importance of a strong local food economy, and contributing millions of dollars do our local economy; and Good Food Exchange/Lettuce Help Center, a collaboration with Cascadia Produce and Cedar Grove that provides a platform for farms, food businesses, food assistance organizations, and institutions to buy, sell, donate, and receive recovered food through the food rescue hub and online marketplace. They strengthen our community by creating real connections between and among residents and our small locally owned businesses and between local farms and local restaurants. In 2023, this program served 1,281 businesses and individuals; Good Food Kitchens directed over $763,000 to food businesses who prepared over 75,000 nourishing, culturally relevant meals to communities facing food insecurity; and Good Food Exchange/Lettuce Help Center facilitated the re-distribution of 550,000+ lbs of rescued food and diverted to over 70 different hunger relief organizations.
Expenses $793,077 · Grants $594,695 · Revenue $63,966
-
Seattle Good Business Network runs a number of other programs and initiatives including Seattle Made and Northwest Sewn.
Expenses $752,040 · Grants $191,618 · Revenue $1,542
-
Seattle Restored reinvigorates our city by activating vacant storefronts and windows in Seattles neighborhoods with pop-up shops and art installations from local entrepreneurs, artists, and makers. These projects benefit neighborhoods, small businesses, artists, and property owners and encourage the public to visit downtown Seattle, and support local businesses and artists, particularly Black, Indigenous, and other entrepreneurs and artists of color. In 2023, this program supported 68 participants with a pop-up or art installation. 94% of the participants self-identified as a BIPOC and/or a woman-owned business, and 8 of them moved on from the program to secure their own long-term lease of 2+ years. The program also facilitated $796,643.38 in sales, and its total estimated annual economic impact is $4,042,000, with 1.88X return on $1.4 million investment.
Expenses $681,263 · Grants $136,670 · Revenue $2,935
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erin Adams
Executive Dir.
- Total calculated
- $139,787
- From this org
- $120,000
- From related orgs
- $0
- Other
- $19,787
- Hours/week
- 50
-
Indergeet Ramgotra
President
- Total calculated
- $0
- Hours/week
- 0
-
Celia Morant
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Andrew Konstantaras
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Debbie Wege
Director
- Total calculated
- $0
- Hours/week
- 0
-
Art Stone
Director
- Total calculated
- $0
- Hours/week
- 0
-
Lacey Warrior
Director
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$121,264
provide community meals
-
$90,176
provide community meals
-
$69,516
provide community meals
-
$23,252
provide community meals
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423199349315507
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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