Totals
- Total revenue
- $1,186,980
- Total expenses
- $1,944,789
- Contributions and grants received
- $1,043,256
- Grants paid
- $27,044
- Program service revenue
- $0
- Investment income
- $22,021
- Other revenue
- $121,703
- Total assets, end of year
- $882,927
- Total liabilities, end of year
- $11,168
- Net assets or fund balances, end of year
- $871,759
- Program services expenses (Part IX)
- $1,897,682
- Management and general expenses
- $47,107
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $536,882
Program services were 97.6% 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.
-
1e · Government grants (contributions)
$99,571
-
1f · All other contributions, gifts and grants
$943,685
-
1g · Noncash contributions included above
$437,441
-
3 · Investment income
total $22,021 · related or exempt $22,021
-
8a · Fundraising events: gross income
$70,507
-
8b · Fundraising events: direct expenses
$37,595
-
8c · Net income from fundraising events
total $32,912
-
10a · Gross sales of inventory
$88,791
-
10c · Net income from sales of inventory
total $88,791
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $27,044 · program services $27,044
-
5 · Compensation of officers, directors and key employees
total $75,325 · program services $37,663 · management and general $37,662
-
7 · Other salaries and wages
total $98,558 · program services $98,558
-
10 · Payroll taxes
total $14,916 · program services $11,634 · management and general $3,282
-
11c · Fees: accounting
total $10,140 · program services $10,140
-
12 · Advertising and promotion
total $1,683 · program services $58 · management and general $1,625
-
13 · Office expenses
total $1,014 · program services $1,014
-
14 · Information technology
total $75 · management and general $75
-
16 · Occupancy
total $83,070 · program services $83,070
-
17 · Travel
total $2,195 · program services $2,195
-
22 · Depreciation, depletion and amortization
total $11,247 · program services $11,247
-
23 · Insurance
total $14,584 · program services $14,584
-
24a · Other expenses: In-Kind Food Exp
total $1,360,800 · program services $1,360,800
-
24b · Other expenses: Food StockHoliday
total $112,611 · program services $112,611
-
24c · Other expenses: Hygiene
total $15,324 · program services $15,324
-
24d · Other expenses: Benevolence
total $12,835 · program services $12,835
-
24e · All other expenses
total $103,368 · program services $98,905 · management and general $4,463
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $115,392 · end of year $309,327
-
2 · Savings and temporary cash investments
beginning of year $577,752 · end of year $571,563
-
4 · Accounts receivable
beginning of year $122 · end of year $122
-
10a · Land, buildings and equipment: cost or other basis
$95,388
-
10b · Land, buildings and equipment: accumulated depreciation
$93,473
-
10c · Land, buildings and equipment, net
beginning of year $13,162 · end of year $1,915
-
17 · Accounts payable and accrued expenses
beginning of year $4,141 · end of year $11,168
-
27 · Net assets without donor restrictions
beginning of year $702,287 · end of year $871,759
Mission and programs · 2025
Mission
Address hunger and poverty in North Kitsap while respecting the dignity of those we serve in a nourshing environment.
Activities or mission (Part I)
Address hunger and poverty in North Kitsap with meaningful programs in a nourshing environment
-
ShareNet is a registered food bank providing emergency food and hygiene products, screen crisis assistance, a backpack program to local schools, and supports seasonal or scheduled events like holiday food distribution, and Back to School Supplies
Expenses $536,882
-
Sharenets thrift store carries quality, gently used good at super- bargain prices. All proceeds to right back into the operations and help fund the food bank.
Revenue $88,791
As filed on the 2025 return.
Listed in Part VII
-
Mark InceMARK INCE
Executive Director
- Total calculated
- $75,325
- From this org
- $75,325
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kathy RaymondKATHY RAYMOND
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Denise HendersonDENISE HENDERSON
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Chris AndersonCHRIS ANDERSON
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Rae HoltRAE HOLT
President
- Total calculated
- $0
- Hours/week
- 5
-
Ben DegninBEN DEGNIN
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Ariel McDermottARIEL MCDERMOTT
Board Member
- Total calculated
- $0
- Hours/week
- 2
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 20 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611109349301001
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