Totals
- Total revenue
- $19,063,456
- Total expenses
- $18,232,008
- Contributions and grants received
- $16,703,848
- Grants paid
- $1,621,865
- Program service revenue
- $233,949
- Investment income
- $80,775
- Other revenue
- $2,044,884
- Total assets, end of year
- $20,369,224
- Total liabilities, end of year
- $1,766,210
- Net assets or fund balances, end of year
- $18,603,014
- Program services expenses (Part IX)
- $13,717,362
- Management and general expenses
- $3,316,401
- Fundraising expenses
- $1,198,245
- Program service expenses (Part III)
- $13,717,362
Program services were 75.2% 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
$1,900,578
-
1e · Government grants (contributions)
$5,413,155
-
1f · All other contributions, gifts and grants
$9,390,115
-
1g · Noncash contributions included above
$1,216,995
-
2a · Program service revenue: NON-PROFIT TRAINING
total $233,949 · related or exempt $233,949
-
3 · Investment income
total $80,775 · excluded $80,775
-
7a · Gross sales of assets other than inventory
securities $1,456,317
-
7b · Less cost or other basis and sales expenses
securities $1,456,317
-
8a · Fundraising events: gross income
$359,590
-
8a · Fundraising events: contributions included on line 1c
$1,900,578
-
8b · Fundraising events: direct expenses
$890,091
-
8c · Net income from fundraising events
total -$530,501 · excluded -$530,501
-
9a · Gaming: gross income
$27,500
-
9b · Gaming: direct expenses
$5,548
-
9c · Net income from gaming
total $21,952 · excluded $21,952
-
10a · Gross sales of inventory
$3,804,829
-
10b · Cost of goods sold
$1,251,396
-
10c · Net income from sales of inventory
total $2,553,433 · related or exempt $2,553,433
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,621,865 · program services $1,621,865
-
5 · Compensation of officers, directors and key employees
total $1,824,755 · program services $827,090 · management and general $822,246 · fundraising $175,419
-
7 · Other salaries and wages
total $8,110,369 · program services $6,707,438 · management and general $675,463 · fundraising $727,468
-
8 · Pension plan contributions
total $218,627 · program services $171,688 · management and general $29,690 · fundraising $17,249
-
9 · Other employee benefits
total $1,213,855 · program services $953,127 · management and general $164,894 · fundraising $95,834
-
10 · Payroll taxes
total $1,070,363 · program services $840,556 · management and general $145,355 · fundraising $84,452
-
11a · Fees: management
total $45,920 · management and general $45,920
-
11b · Fees: legal
total $121,722 · management and general $121,722
-
11c · Fees: accounting
total $56,009 · management and general $56,009
-
11d · Fees: lobbying
total $49,000 · management and general $49,000
-
11e · Fees: professional fundraising services
total $4,575 · fundraising $4,575
-
11g · Fees: other
total $847,983 · program services $376,236 · management and general $458,773 · fundraising $12,974
-
12 · Advertising and promotion
total $12,920 · management and general $1,245 · fundraising $11,675
-
13 · Office expenses
total $60,297 · program services $23,156 · management and general $4,438 · fundraising $32,703
-
14 · Information technology
total $329,886 · program services $247,415 · management and general $82,471
-
16 · Occupancy
total $852,364 · program services $699,070 · management and general $153,294
-
17 · Travel
total $42,146 · program services $37,308 · management and general $2,988 · fundraising $1,850
-
20 · Interest
total $28,175 · program services $21,131 · management and general $7,044
-
22 · Depreciation, depletion and amortization
total $463,578 · program services $212,274 · management and general $251,304
-
23 · Insurance
total $145,847 · program services $116,134 · management and general $29,713
-
24a · Other expenses: SUPPLIES
total $303,619 · program services $296,849 · management and general $6,770
-
24b · Other expenses: BANK CHARGES
total $61,032 · program services $26,588 · management and general $8,877 · fundraising $25,567
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $47,832 · program services $25,366 · management and general $22,466
-
24d · Other expenses: BOARD & STAFF DEVELOP
total $44,999 · program services $19,354 · management and general $20,086 · fundraising $5,559
-
24e · All other expenses
total $654,270 · program services $494,717 · management and general $156,633 · fundraising $2,920
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,463,669 · end of year $2,891,844
-
2 · Savings and temporary cash investments
beginning of year $1,143,209 · end of year $474,965
-
3 · Pledges and grants receivable
beginning of year $4,756,131 · end of year $7,259,597
-
4 · Accounts receivable
beginning of year $926,524 · end of year $675,728
-
8 · Inventories for sale or use
beginning of year $110,466 · end of year $38,580
-
9 · Prepaid expenses and deferred charges
beginning of year $289,092 · end of year $171,465
-
10a · Land, buildings and equipment: cost or other basis
$15,079,381
-
10b · Land, buildings and equipment: accumulated depreciation
$7,061,282
-
10c · Land, buildings and equipment, net
beginning of year $8,560,127 · end of year $8,018,099
-
11 · Investments: publicly traded securities
beginning of year $1,635,975 · end of year $535,705
-
15 · Other assets
beginning of year $395,658 · end of year $303,241
-
17 · Accounts payable and accrued expenses
beginning of year $1,152,774 · end of year $1,350,838
-
19 · Deferred revenue
beginning of year $55,531 · end of year $101,012
-
23 · Secured mortgages and notes payable
beginning of year $6,636
-
25 · Other liabilities
beginning of year $380,123 · end of year $314,360
-
27 · Net assets without donor restrictions
beginning of year $14,797,633 · end of year $13,085,487
-
28 · Net assets with donor restrictions
beginning of year $3,888,154 · end of year $5,517,527
Mission and programs · 2023
Mission
FARESTART TRANSFORMS LIVES, DISRUPTS POVERTY AND NOURISHES COMMUNITIES THROUGH FOOD, LIFE SKILLS AND JOB TRAINING.
-
FOR OVER 30 YEARS, FARESTART HAS SUPPORTED FOOD SECURITY ACROSS THE SEATTLE AREA WHILE PROVIDING JOB TRAINING OPPORTUNITIES FOR OUR STUDENTS. WE CONTRACT WITH NONPROFIT ORGANIZATIONS, SHELTERS, SCHOOLS AND DAYCARE CENTERS TO PROVIDE NUTRITIOUS, PREPARED MEALS TO MOSTLY FOOD INSECURE COMMUNITIES. WE ALSO OPERATE A MOBILE COMMUNITY MARKET THAT PROVIDES FRESH PRODUCE AND STAPLES TO UNDERSERVED COMMUNITIES IN SOUTH KING COUNTY. IN 2023, WE PROVIDED 862,965 PREPARED MEALS AND DISTRIBUTED 91,578 POUNDS OF PRODUCE TO CHILDREN, INDIVIDUALS AND FAMILIES.
Expenses $7,142,239 · Grants $1,020,831 · Revenue $2,048,853
-
OUR FOOD-BASED SOCIAL ENTERPRISE BUSINESSES (CAFES AND A CONTRACT COMMUNITY MEALS PROGRAM) SERVE AS CLASSROOMS WHERE STUDENTS GAIN ON-THE-JOB SKILLS THAT PREPARE THEM FOR JOBS IN AND BEYOND THE CULINARY INDUSTRY. STUDENTS LEARN AND HONE THESE SKILLS WHILE BEING IN A SUPPORTIVE ENVIRONMENT THAT INCLUDES WRAPAROUND SOCIAL SERVICES SUCH AS HOUSING, MENTAL HEALTH SUPPORT, TRANSPORTATION AND MORE. IN 2023, WE SERVED 745 INDIVIDUALS. 237 STUDENTS ENROLLED ACROSS OUR JOB TRAINING PROGRAMS AND 173 STUDENTS GRADUATED. THERE WERE 85 JOB PLACEMENTS OR PROMOTIONS AND 30 HIGH SCHOOL STUDENTS EARNED HIGH SCHOOL CREDIT.
Expenses $5,675,028 · Grants $601,034 · Revenue $504,580
-
FARESTART PROVIDES CONSULTING, TRAINING, AND RESOURCES TO NONPROFIT ORGANIZATIONS AND OPPORTUNITY EMPLOYERS ACROSS THE UNITED STATES. IN 2023, 44 ORGANIZATIONS WERE SUPPORTED.
Expenses $900,095 · Revenue $233,949
As filed on the 2023 return.
Listed in Part VII
-
Diamatris WinstonDIAMATRIS WINSTON
CFO
- Total calculated
- $247,317
- From this org
- $239,663
- From related orgs
- $0
- Other
- $7,654
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,663
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $7,654
- Filer's total
- $247,317
-
Carlin LlorenteCARLIN LLORENTE
CHIEF PROGRA
- Total calculated
- $204,950
- From this org
- $195,671
- From related orgs
- $0
- Other
- $9,279
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,671
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,831
- Nontaxable benefits
- $1,448
- Filer's total
- $204,950
-
Nicole MoonNICOLE MOON
SNR VP PPL &
- Total calculated
- $189,079
- From this org
- $175,568
- From related orgs
- $0
- Other
- $13,511
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,568
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,885
- Nontaxable benefits
- $7,626
- Filer's total
- $189,079
-
Megan HampsonMEGAN HAMPSON
CDO
- Total calculated
- $188,676
- From this org
- $175,419
- From related orgs
- $0
- Other
- $13,257
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,419
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,365
- Nontaxable benefits
- $7,892
- Filer's total
- $188,676
-
Margaret VieraMARGARET VIERA
DIR CMNTY IN
- Total calculated
- $186,563
- From this org
- $172,081
- From related orgs
- $0
- Other
- $14,482
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,081
- Bonus
- not reported
- Other
- not reported
- Deferred
- $6,927
- Nontaxable benefits
- $7,555
- Filer's total
- $186,563
-
Patrick D'AmelioPATRICK D'AMELIO
CEO
- Total calculated
- $181,573
- From this org
- $171,995
- From related orgs
- $0
- Other
- $9,578
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,995
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,231
- Nontaxable benefits
- $6,347
- Filer's total
- $181,573
-
Stephanie SchooSTEPHANIE SCHOO
DIR MARKETIN
- Total calculated
- $181,573
- From this org
- $167,420
- From related orgs
- $0
- Other
- $14,153
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,420
- Bonus
- not reported
- Other
- not reported
- Deferred
- $6,740
- Nontaxable benefits
- $7,413
- Filer's total
- $181,573
-
Nicole TrimbleNICOLE TRIMBLE
INTERIM CEO
- Total calculated
- $162,079
- From this org
- $158,463
- From related orgs
- $0
- Other
- $3,616
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,463
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,141
- Nontaxable benefits
- $475
- Filer's total
- $162,079
-
Brian SlegelBRIAN SLEGEL
DIRECTOR OF
- Total calculated
- $164,902
- From this org
- $151,219
- From related orgs
- $0
- Other
- $13,683
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,219
- Bonus
- not reported
- Other
- not reported
- Deferred
- $6,111
- Nontaxable benefits
- $7,572
- Filer's total
- $164,902
-
Renee MartinRENEE MARTIN
VP CONSULTIN
- Total calculated
- $159,953
- From this org
- $146,778
- From related orgs
- $0
- Other
- $13,175
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,778
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,933
- Nontaxable benefits
- $7,242
- Filer's total
- $159,953
-
Ryan DeanRYAN DEAN
COO
- Total calculated
- $139,543
- From this org
- $132,484
- From related orgs
- $0
- Other
- $7,059
- Hours/week
- 40
-
Erika Van MerrERIKA VAN MERR
DIR INSTITUN
- Total calculated
- $126,617
- From this org
- $120,621
- From related orgs
- $0
- Other
- $5,996
- Hours/week
- 40
-
Lauren YoungLAUREN YOUNG
DIR INDIVIDU
- Total calculated
- $130,431
- From this org
- $115,745
- From related orgs
- $0
- Other
- $14,686
- Hours/week
- 40
-
Elizabeth JamesELIZABETH JAMES
ASSOC DIR CO
- Total calculated
- $122,740
- From this org
- $111,918
- From related orgs
- $0
- Other
- $10,822
- Hours/week
- 40
-
Amberine WilsonAMBERINE WILSON
DIR WORKFORC
- Total calculated
- $120,353
- From this org
- $109,899
- From related orgs
- $0
- Other
- $10,454
- Hours/week
- 40
-
Serae WrightSERAE WRIGHT
CPIO
- Total calculated
- $67,339
- From this org
- $63,867
- From related orgs
- $0
- Other
- $3,472
- Hours/week
- 40
-
Angela Dunleavy-StowellANGELA DUNLEAVY-STOWELL
CEO (END)
- Total calculated
- $21,779
- From this org
- $20,906
- From related orgs
- $0
- Other
- $873
- Hours/week
- 40
-
Janice JavierJANICE JAVIER
CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Julaine SmithJULAINE SMITH
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Sue BevingtonSUE BEVINGTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Tricia McKay LincolnTRICIA MCKAY LINCOLN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Michael PickettMICHAEL PICKETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Bettina StixBETTINA STIX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Michelle BurnsMICHELLE BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Dani ConeDANI CONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Laila Elias PhDLAILA ELIAS PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Srilata RemalaSRILATA REMALA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Brian SurrattBRIAN SURRATT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Kat KorabKAT KORAB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Walter EuyangWALTER EUYANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Ed GoinesED GOINES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Peter GuyerPETER GUYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Todd KormanTODD KORMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Justin BookerJUSTIN BOOKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Claudia LeslieCLAUDIA LESLIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 3
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
FARESTART PROPERTIES LLC
REAL PROP · WA · assets $7,203,754
Directly controlled by FARESTART
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202443169349303214
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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