Totals
- Total revenue
- $1,424,811
- Total expenses
- $1,345,729
- Contributions and grants received
- $1,035,809
- Grants paid
- $900,800
- Program service revenue
- $0
- Investment income
- $235
- Other revenue
- $388,767
- Total assets, end of year
- $1,554,941
- Total liabilities, end of year
- $967,663
- Net assets or fund balances, end of year
- $587,278
- Program services expenses (Part IX)
- $900,800
- Management and general expenses
- $444,929
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $900,800
Program services were 66.9% 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
$90,765
-
1e · Government grants (contributions)
$1,900
-
1f · All other contributions, gifts and grants
$943,144
-
3 · Investment income
total $235 · related or exempt $235
-
8a · Fundraising events: gross income
$335,371
-
8a · Fundraising events: contributions included on line 1c
$90,765
-
8b · Fundraising events: direct expenses
$74,655
-
8c · Net income from fundraising events
total $260,716 · excluded $260,716
-
9a · Gaming: gross income
$327,617
-
9b · Gaming: direct expenses
$240,498
-
9c · Net income from gaming
total $87,119 · excluded $87,119
-
10a · Gross sales of inventory
$47,623
-
10b · Cost of goods sold
$6,691
-
10c · Net income from sales of inventory
total $40,932 · excluded $40,932
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $900,800 · program services $900,800
-
7 · Other salaries and wages
total $315,738 · management and general $315,738
-
9 · Other employee benefits
total $32,803 · management and general $32,803
-
10 · Payroll taxes
total $13,277 · management and general $13,277
-
24a · Other expenses: PROGRAM EXPENSES
total $40,076 · management and general $40,076
-
24b · Other expenses: CREDIT CARD FEES
total $17,294 · management and general $17,294
-
24c · Other expenses: EVENT EXPENSES
total $16,486 · management and general $16,486
-
24d · Other expenses: ACCOUNTING FEES
total $8,674 · management and general $8,674
-
24e · All other expenses
total $581 · management and general $581
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $311,729 · end of year $870,591
-
4 · Accounts receivable
end of year $24,990
-
15 · Other assets
beginning of year $705,618 · end of year $659,360
-
17 · Accounts payable and accrued expenses
beginning of year $509,151 · end of year $959,790
-
19 · Deferred revenue
end of year $7,873
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $508,196 · end of year $587,278
Mission and programs · 2023
Mission
SEE SCHEDULE O
-
COMMUNITY ASSIST GRANTS THE SHARKS FOUNDATION'S COMMUNITY ASSIST GRANT PROGRAM PROVIDES MONETARY SUPPORT TO PUBLIC, 501(C)(3) NON-PROFITS SERVING BAY AREA YOUTH AND FAMILIES. SPANNING FROM SEPTEMBER 2023 TO JUNE 2024, THE PROGRAM FEATURED KEY ACTIVATIONS/EVENTS AND INCLUDED SUPPORT FROM SHARKS PLAYERS, COACHES, ALUMNI, BROADCASTERS, EXECUTIVES, CORPORATE PARTNERS, EMPLOYEES, AND VOLUNTEERS. THROUGHOUT THE SEASON GRANTS WERE ALSO PROVIDED TO NON-PROFITS TO ALIGN WITH NHL INITIATIVES SUCH AS HOCKEY FIGHTS CANCER, IN TANDEM WITH SHARKS THEME NIGHTS, AND TO SUPPLY EMERGENCY AID. GRANTS RANGED FROM $1,000-$100,000 AND, IN TOTAL, THE SHARKS FOUNDATION PROVIDED $620,800 IN DONATIONS.
Expenses $620,800 · Grants $620,800
-
GOALS FOR KIDS SINCE 2014, THE GOALS FOR KIDS PROGRAM HAS PROVIDED SEASON CULMINATING GRANTS TO NON-PROFITS SUPPORTING YOUTH AND FAMILIES. FOR EVERY GOAL SCORED BY A SHARKS PLAYER, A $1,000 DONATION WAS SPLIT AMONGST SEVEN NON-PROFIT BENEFICIARIES: ADOLESCENT COUNSELING SERVICES, ELEVATE TUTORING, INTERNATIONAL ASSOCIATION FOR HUMAN VALUES, LEUKEMIA & LYMPHOMA SOCIETY, MACLA, AND NARIKA. THE 2023-24 PROGRAM RAISED $180,000, PROVIDING EACH ORGANIZATION WITH A $25,715 DONATION.
Expenses $180,000 · Grants $180,000
-
NPOWER PARTNERSHIP DURING THE 2023-24 SEASON, THE SHARKS FOUNDATION JOINED FORCES WITH SAP TO PROVIDE A $100,000 DONATION TO NON-PROFIT NPOWER WHOSE MISSION IS TO CREATE PATHWAYS TO ECONOMIC PROSPERITY BY LAUNCHING DIGITAL CAREERS FOR MILITARY VETERANS AND YOUNG ADULTS FROM UNDERSERVED COMMUNITIES.THE FUNDING SUPPORTED THEIR TECH FUNDAMENTALS PROGRAM, A PROVEN TRAINING MODEL THAT GIVES STUDENTS FREE, HALF-DAY TECH SKILLS TRAINING, PROFESSIONAL DEVELOPMENT, SOCIAL SUPPORT, AND LIFETIME ACCESS TO AN ACTIVE AND SUPPORTIVE ALUMNI NETWORK. THROUGH TECH FUNDAMENTALS, STUDENTS EARN INDUSTRY-RECOGNIZED CERTIFICATIONS THAT ENABLE THEM TO SECURE MIDDLE-SKILLS TECH EMPLOYMENT WITH STRONG POTENTIAL FOR INCOME GROWTH AND CAREER ADVANCEMENT. THE FUNDING SERVED 150 LOW-INCOME YOUNG ADULTS AND MILITARY VETERANS ENROLLED IN THEIR PROGRAMS THAT YEAR.
Expenses $100,000 · Grants $100,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Doug BentzDOUG BENTZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dan RusanowksyDAN RUSANOWKSY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James HamnettJAMES HAMNETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Neda TebatabaieNEDA TEBATABAIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan WhiteJONATHAN WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary EdmanMARY EDMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Erin TucciERIN TUCCI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Glenn MartinGLENN MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allison CoveyALLISON COVEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brandon WeissBRANDON WEISS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Malia BatesMALIA BATES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Greg MatthewsGREG MATTHEWS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Cassie McBrideCASSIE MCBRIDE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
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
-
$100,000
GENERAL CHARITABLE CONTRIBUTION
-
$100,000
GENERAL CHARITABLE CONTRIBUTION
-
GENERAL CHARITABLE CONTRIBUTION
-
$56,000
GENERAL CHARITABLE CONTRIBUTION
-
$50,000
GENERAL CHARITABLE CONTRIBUTION
-
$50,000
GENERAL CHARITABLE CONTRIBUTION
-
$25,715
GENERAL CHARITABLE CONTRIBUTION
-
$25,715
GENERAL CHARITABLE CONTRIBUTION
-
$25,715
GENERAL CHARITABLE CONTRIBUTION
-
ADOLESCENT COUNSELING SERVICES
$25,715
GENERAL CHARITABLE CONTRIBUTION
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521359349304142
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.