Totals
- Total revenue
- $1,813,231
- Total expenses
- $2,012,057
- Contributions and grants received
- $770,409
- Grants paid
- $240,846
- Program service revenue
- $1,036,237
- Investment income
- $56
- Other revenue
- $6,529
- Total assets, end of year
- $301,268
- Total liabilities, end of year
- $527,214
- Net assets or fund balances, end of year
- -$225,946
- Program services expenses (Part IX)
- $1,377,230
- Management and general expenses
- $500,832
- Fundraising expenses
- $133,995
- Program service expenses (Part III)
- $1,377,230
Program services were 68.4% 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
$67,529
-
1e · Government grants (contributions)
$155,756
-
1f · All other contributions, gifts and grants
$547,124
-
1g · Noncash contributions included above
$24,842
-
2a · Program service revenue: Business Network programs
total $110,919 · related or exempt $110,919
-
2b · Program service revenue: Good Food Economy
total $264,386 · related or exempt $264,386
-
2c · Program service revenue: Seattle Restored
total $500,706 · related or exempt $500,706
-
2d · Program service revenue: Sustainability
total $43,279 · related or exempt $43,279
-
2e · Program service revenue: Youth Program
total $116,947 · related or exempt $116,947
-
3 · Investment income
total $56 · excluded $56
-
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
$29,428
-
8a · Fundraising events: contributions included on line 1c
$67,529
-
8b · Fundraising events: direct expenses
$49,670
-
8c · Net income from fundraising events
total -$20,242
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$26,341
-
10c · Net income from sales of inventory
total $26,341 · related or exempt $26,341
-
11a · Other revenue: Miscellaneous Income
total $430 · excluded $430
-
11e · Other revenue, total
$430
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $240,846 · program services $240,846
-
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 $136,939 · program services $27,388 · management and general $91,749 · fundraising $17,802
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $579,612 · program services $435,179 · management and general $127,436 · fundraising $16,997
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $56,906 · program services $2,707 · management and general $54,199
-
10 · Payroll taxes
total $57,092 · program services $37,585 · management and general $16,871 · fundraising $2,636
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $1,494 · program services $1,494
-
11c · Fees: accounting
total $33,988 · management and general $33,988
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $339,705 · program services $230,169 · management and general $88,498 · fundraising $21,038
-
12 · Advertising and promotion
total $193,893 · program services $193,843 · management and general $50
-
13 · Office expenses
total $115,074 · program services $66,862 · management and general $46,975 · fundraising $1,237
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $6,842 · management and general $6,842
-
17 · Travel
total $7,752 · program services $7,601 · management and general $136 · fundraising $15
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $129,805 · program services $77,093 · management and general $3,529 · fundraising $49,183
-
20 · Interest
total $26,756 · management and general $26,756
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $5,863 · program services $1,815 · management and general $3,803 · fundraising $245
-
24a · Other expenses: Program Expenses
total $54,648 · program services $54,648
-
24b · Other expenses: In-Kind Goods Expense
total $24,842 · fundraising $24,842
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $303,147 · end of year $85,867
-
2 · Savings and temporary cash investments
beginning of year $11,922 · end of year $11,978
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $100,879 · end of year $194,045
-
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 $7,628 · 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 $174,408 · end of year $277,427
-
24 · Unsecured notes and loans payable
beginning of year $276,733 · end of year $249,787
-
27 · Net assets without donor restrictions
beginning of year -$71,680 · end of year -$246,803
-
28 · Net assets with donor restrictions
beginning of year $45,865 · end of year $20,857
Mission and programs · 2024
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.
-
Seattle Restored reinvigorates our city by activating vacant storefronts and windows in Seattle?s 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. Each entrepreneur is provided with wrap-around support, including a no-cost lease, operating expenses, and business training?setting them up for future success. All Seattle Restored participants are included in a citywide media campaign: online, print, radio, and a digital passport program. In 2024, this program supported 51 participants with a pop-up or art installation. 94% of the participants self-identified as a BIPOC and/or a woman-owned business, and 4 of them moved on from the program to secure their own long-term lease of 2+ years. The program facilitated $497,626 in sales.
Expenses $585,279 · Grants $118,219 · Revenue $500,706
-
In 2024, our Good Food Economy initiatives continued to strengthen the local food chain by creating spaces for connection and collaboration across the Puget Sound, engaging 1,253 businesses and organizations thorugh 1,593 individuals over the course of the year. Our flagship event, Good Food Connections, brought together over 300 producer, buyers, and community food stakeholders. The impact was immediate and tangible, with 84% of participants anticipating sales resulting from 1,595 meaningful connections made and over $27,900 invested directly with local producers. We elevated community voices through focused listening sessions like Nourishing Local Connections, where, with partner organizations, we created a vital bridge between 195 food access organizations and 47 government representatives. This work led to policy recommendations?including farm to-food assistance investments and flexible grants for innovative new models?to strengthen regional food security programming. Through ongoing Food Business Roundtables and our growing online Good Food Forum?934 members strong?we continue to nurture a vibrant ecosystem where all food businesses and organizations, including producers, chefs, and food security organizations, can find support, share resources, and collaborate on solutions that advance our regional food system. Through connections made on Good Food Exchange, Cascadia Produce redistributed 4.5 million pounds of rescued good food and farm surplus to over 70 food assistance organizations. These sales and donations guaranteed this good food was diverted to its highest use to people (95%), animals (5%), and compost (just 0.25%), ensuring no good food goes to the waste and producers are paid for their food. Good Food Kitchens directed $101,179.13 to 22 community kitchen partners, sourcing from 55 local farms and producers, to prepare 9,491 nourishing, cultural meals for 26 organizations to distribute.
Expenses $481,471 · Grants $122,627 · Revenue $264,386
-
In 2024 Seattle Good Business Network's programs also included Sustainability & Circular Economy, Seattle Made, Seattle Explored and Northwest Sewn. Sustainable Business & Circular Economy programming connects businesses with resources and technical assistance to operate more sustainably and conserve resources. We served over 800 through communications, workshops, and one-on-one technical assistance. Seattle Made is a collaboration of hundreds of urban manufacturers and producers who are united to ?make it? in Seattle. These makers help expand opportunities for local ownership. Through an online community, makers share resources: production space & funding opportunities, pop-up sales events, wholesale and retail connections, and more. In 2024 the Northwest Sewn website and directory were relaunched as a resource hub for textiles and sewn-trade businesses looking to collaboratively advance the sector, operate more sustainably, and develop the infrastructure for a more vibrant textiles economy. We also hosted our first Northwest Food & Fiber event, celebrating the businesses built on what is grown and sewn in the PNW. Seattle Explored provides pathways for locals and visitors alike to take advantage of the unique businesses and experiences Seattle has to offer?in a handy digital format available via smartphone.
Expenses $258,011 · Revenue $154,198
-
Youth Program: Youth Workforce Development connects youth (18-24) to meaningful career and leadership opportunities, including internships, job shadowing, and mentorship opportunities. In 2024, this program served 10 youth and 10 local businesses. SGBN works to expand and support quality and emergent career and experiential learning pathways (internships, mentorships, and career-exposure opportunities) for youth.
Expenses $52,469 · Revenue $116,947
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erin Adams
Executive Dir.
- Total calculated
- $136,940
- From this org
- $115,154
- From related orgs
- $0
- Other
- $21,786
- Hours/week
- 50
-
Indergeet Ramgotra
President
- Total calculated
- $0
- Hours/week
- 3
-
Celia Morant
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Andrew Konstantaras
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Debbie Wege
Director
- Total calculated
- $0
- Hours/week
- 1
-
Art Stone
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Lacey Warrior
Director
- Total calculated
- $0
- Hours/week
- 0.5
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
-
Base Camp Studios LLC
$42,000
Seattle Restored support
-
Lenox LLC
$22,000
Seattle Restored support
-
Frida LLC
$14,006
Seattle Restored support
-
Chef Jalissa Culinary Co
$13,961
Good Food Kitchens community meals
-
Theary Cambodian Foods
$13,000
Good Food Kitchens community meals
-
$11,194
Good Food Kitchens community meals
-
$11,000
Good Food Kitchens community meals
-
Mojito
$10,525
Good Food Kitchens community meals
-
ChuMinh Tofu
$9,200
Good Food Kitchens community meals
-
Plant Based Food Share
$9,000
Good Food Kitchens community meals
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533189349311023
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.