SHARKS FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SHARKS FOUNDATION (EIN 77-0374062)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-15
- IRS object ID
- 202521359349304142
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-15T09:55:16-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8181 E TUFTS AVE SUITE 600 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80237 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770374062 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHARKS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SHAR | BusinessNameControlTxt |
| Phone | 4082877070 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 WEST SANTA CLARA STREET | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREG MATTHEWS | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 4082877070 | PhoneNum |
| Signature | 2025-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PAUL MEYER | PreparerPersonNm |
| PTIN | P01382210 | PTIN |
| Phone | 3037409400 | PhoneNum |
| Preparation | 2025-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GREG MATTHEWS | PrincipalOfficerNm |
| Gross Receipts | $1,746,655 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NHL.COM/SHARKS/SHARKSFOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 73 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,006,321 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,035,809 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $32,406 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $152 | PYInvestmentIncomeAmt |
| CY Investment Income | $235 | CYInvestmentIncomeAmt |
| PY Other Revenue | $533,248 | PYOtherRevenueAmt |
| CY Other Revenue | $388,767 | CYOtherRevenueAmt |
| PY Total Revenue | $1,572,127 | PYTotalRevenueAmt |
| CY Total Revenue | $1,424,811 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,035,008 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $900,800 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $365,672 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $361,818 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $146,507 | PYOtherExpensesAmt |
| CY Other Expenses | $83,111 | CYOtherExpensesAmt |
| PY Total Expenses | $1,547,187 | PYTotalExpensesAmt |
| CY Total Expenses | $1,345,729 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $24,940 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $79,082 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,017,347 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,554,941 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $509,151 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $967,663 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $508,196 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $587,278 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $620,800 | ExpenseAmt |
| Grant | $620,800 | GrantAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $180,000 | ExpenseAmt |
| Grant | $180,000 | GrantAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $100,000 | ExpenseAmt |
| Grant | $100,000 | GrantAmt |
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $900,800 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | Yes (1) | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 42 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREG MATTHEWS | PersonNm |
| Phone | 4089995757 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 WEST SANTA CLARA ST | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DOUG BENTZ | ||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAN RUSANOWKSY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES HAMNETT | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NEDA TEBATABAIE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JONATHAN WHITE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY EDMAN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ERIN TUCCI | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GLENN MARTIN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALLISON COVEY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRANDON WEISS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MALIA BATES | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |
| GREG MATTHEWS | ||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CASSIE MCBRIDE | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $90,765 | FundraisingAmt |
| Government Grants | $1,900 | GovernmentGrantsAmt |
| All Other Contributions | $943,144 | AllOtherContributionsAmt |
| Total Contributions | $1,035,809 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $235 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $235 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $335,371 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $90,765 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $74,655 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $260,716 | TotalRevenueColumnAmt |
| Exclusion | $260,716 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $327,617 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $240,498 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,119 | TotalRevenueColumnAmt |
| Exclusion | $87,119 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $47,623 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $6,691 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,932 | TotalRevenueColumnAmt |
| Exclusion | $40,932 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,424,811 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $235 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $388,767 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $900,800 | TotalAmt |
| Program Services | $900,800 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $315,738 | TotalAmt |
| Management And General | $315,738 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,803 | TotalAmt |
| Management And General | $32,803 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,277 | TotalAmt |
| Management And General | $13,277 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| PROGRAM EXPENSES | $40,076 | $40,076 |
| CREDIT CARD FEES | $17,294 | $17,294 |
| EVENT EXPENSES | $16,486 | $16,486 |
| ACCOUNTING FEES | $8,674 | $8,674 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $581 | TotalAmt |
| Management And General | $581 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,345,729 | TotalAmt |
| Program Services | $900,800 | ProgramServicesAmt |
| Management And General | $444,929 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $311,729 | BOYAmt |
| EOY | $870,591 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $24,990 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $705,618 | BOYAmt |
| EOY | $659,360 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,017,347 | BOYAmt |
| EOY | $1,554,941 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,151 | BOYAmt |
| EOY | $959,790 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,873 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,151 | BOYAmt |
| EOY | $967,663 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,196 | BOYAmt |
| EOY | $587,278 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $508,196 | BOYAmt |
| EOY | $587,278 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,017,347 | BOYAmt |
| EOY | $1,554,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $79,082 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,765,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $910,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,299,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,006,321 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,035,809 | CurrentTaxYearAmt |
| Total | $6,017,574 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,765,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $910,943 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,299,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,006,321 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,035,809 | CurrentTaxYearAmt |
| Total | $6,017,574 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,077,248 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,940,326 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $280 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $223 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $152 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $235 | CurrentTaxYearAmt |
| Total | $917 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,018,491 | TotalSupportAmt |
| Public Support CY170 | 0.65470 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM SHARKS SPORTS AND ENTERTAINMENT | Desc |
| Book Value | $659,360 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $659,360 | TotalBookValueOtherAssetsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | MYSTERY PUCKS | Event1Nm |
| Gross Receipts Event1 | $128,790 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $90,765 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $38,025 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $20,738 | OtherDirectExpensesEvent1Amt |
| Event2 | SILENT AUCTION | Event2Nm |
| Gross Receipts Event2 | $297,346 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $297,346 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $53,917 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $426,136 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $90,765 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $335,371 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $74,655 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $74,655 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $260,716 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $327,617 | GrossRevenueOtherGamingAmt |
| Oth Direct Expnss Other Gaming | $240,498 | OthDirectExpnssOtherGamingAmt |
| Volunteer Labor Other Gaming | 0 | VolunteerLaborOtherGamingInd |
| Gross Revenue Total Gaming | $327,617 | GrossRevenueTotalGamingAmt |
| Oth Direct Expnss Total Gaming | $240,498 | OthDirectExpnssTotalGamingAmt |
| Direct Expense Summary Gaming | $240,498 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $87,119 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | CA | StatesWhereGamingConductedCd |
| Licensed | Yes (1) | LicensedInd |
| License Suspended Etc | 0 | LicenseSuspendedEtcInd |
| Gaming With Nonmembers | 0 | GamingWithNonmembersInd |
| Member Of Other Entity | 0 | MemberOfOtherEntityInd |
| Gaming Other Facility | 1.00000 | GamingOtherFacilityPct |
| Individual With Books | DUSTIN SCHISSLER | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 WEST SANTA CLARA ST | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | 0 | CntrctWith3rdPrtyForGameRevInd |
| Charitable Distribution Rqr | Yes (1) | CharitableDistributionRqrInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (28 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| LOVED TWICE | ||||||||
| 5627 TELEGRAPH AVENUE SUITE 375 | OAKLAND | CA | 94609 | 943441434 | $50,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| LATINO EDUCATION ADVANCEMENT FOUNDATION | ||||||||
| 300 S 1ST STREET | SAN JOSE | CA | 95113 | 823057074 | $85,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| JASPER RIDGE FARM | ||||||||
| 2995 WOODSIDE ROAD UNIT 620924 | WOODSIDE | CA | 94062 | 272304675 | $15,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| RUNNING FOR A BETTER OAKLAND | ||||||||
| PO BOX 20433 | OAKLAND | CA | 94620 | 273509778 | $10,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| HISPANIC FOUNDATION OF SILICON VALLEY | ||||||||
| 1961 THE ALAMEDA | SAN JOSE | CA | 95126 | 770481921 | $8,200 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| JESSIE REES FOUNDATION | ||||||||
| 9 STUDEBAKER | IRVINE | CA | 92618 | 451836440 | $20,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| ONE LIFE COUNSELING CENTER | ||||||||
| 1303 SAN CARLOS AVENUE | SAN CARLOS | CA | 94070 | 810919786 | $8,700 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| RONALD MCDONALD HOUSE | ||||||||
| 510 SAND HILL ROAD | PALO ALTO | CA | 94304 | 942538615 | $20,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| TEEN KITCHEN PROJECT | ||||||||
| PO BOX 1853 | SOQUEL | CA | 95073 | 270524692 | $20,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| TURNINGWHEELS FOR KIDS - CO VALLEY HEALTH FOUNDATION | ||||||||
| 2400 CLOVE DRIVE | SAN JOSE | CA | 95128 | 770187890 | $10,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| 10000 DEGREES | ||||||||
| 1401 LOS GAMOS DRIVE SUITE 205 | SAN RAFAEL | CA | 94903 | 953667812 | $25,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| SIDE BY SIDE | ||||||||
| 300 SUNNY HILLS DRIVE BLDG 5 | SAN ANSELMO | CA | 94960 | 941156301 | $7,400 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| NPOWER | ||||||||
| 1550 THE ALAMEDA 150 | SAN JOSE | CA | 95126 | 134145441 | $100,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| ONE STEP BEYOND INC | ||||||||
| 575 OLD COUNTY ROAD | SAN CARLOS | CA | 94070 | 861036448 | $25,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| SOUTH BAY CLEAN CREEKS COALITION | ||||||||
| $20,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | ||||||
| SHARKS ALUMNI FOUNDATION | ||||||||
| PO BOX 6828 | SAN JOSE | CA | 95150 | 205905987 | $9,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| SAVE OUR SHORES | ||||||||
| 345 LAKE AVENUE SUITE A | SANTA CRUZ | CA | 95062 | 942745941 | $10,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| SAVE THE BAY | ||||||||
| 560 14TH STREET 400 | OAKLAND | CA | 94612 | 946078420 | $50,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| MENTAL HEALTH ASSOCIATION FOR CHINESE COMMUNITIES (MHACC) | ||||||||
| 3160 CASTRO VALLEY BOULEVARD SUITE | CASTRO VALLEY | CA | 94546 | 824322450 | $25,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | 210 MAILBOX 15 |
| BILL WILSON CENTER | ||||||||
| 3490 THE ALAMEDA | SANTA CLARA | CA | 95050 | 942221849 | $100,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| NARIKA | ||||||||
| PO BOX 1708 | FREMONT | CA | 94538 | 943162871 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||||
| PO BOX 102488 | PASADENA | CA | 911892488 | 135644916 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| WAYFINDER FAMILY SERVICES | ||||||||
| 5300 ANGELES VISTA BOULEVARD | LOS ANGELES | CA | 90043 | 951977659 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| MACLA | ||||||||
| 510 S FIRST ST | SAN JOSE | CA | 95113 | 770251774 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| ADOLESCENT COUNSELING SERVICES | ||||||||
| 1779 WOODSIDE ROAD SUITE 200 | REDWOOD CITY | CA | 94061 | 510192551 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| ELEVATE TUTORING | ||||||||
| 2641 THRASHER LANE | SAN JOSE | CA | 95125 | 451058760 | $25,715 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| SECOND HARVEST | ||||||||
| 4001 NORTH FIRST STREET | SAN JOSE | CA | 95134 | 942614101 | $56,000 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
| INTERNATIONAL ASSOCIATION FOR HUMAN VALUES | ||||||||
| 2401 15TH STREET NW | WASHINGTON DC | DC | 20009 | 522178069 | $25,710 | $0 | GENERAL CHARITABLE CONTRIBUTION | |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | CURRENTLY THERE ARE MANY EMPLOYEES OF SHARKS SPORTS & ENTERTAINMENT THAT SERVE AS BOARD MEMBERS OF THE FOUNDATION. THIS IS CONSIDERED A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION WILL PROVIDE A COPY OF THE DRAFT FORM 990 FOR REVIEW BY THE CURRENT BOARD OF DIRECTORS. THE BOARD MEMBERS WILL HAVE VISIBILITY OF THE DRAFT 990 AND WILL HAVE THE OPPORTUNITY TO COMMENT OR SUGGEST CHANGES. THE FINAL VERSION OF THE 990 WILL BE REVIEWED AND APPROVED BY DUSTIN SCHISSLER (CONTROLLER) AND GREG MATTHEWS (CFO). |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY INDICATING THAT IF THEY BECOME AWARE OF ANY POTENTIAL CONFLICT OF INTEREST OR ETHICAL CONCERN REGARDING THEIR EMPLOYMENT OR ANOTHER EMPLOYEE OF THE FOUNDATION, THEY MUST PROMPTLY SPEAK TO, OR OTHERWISE CONTACT THEIR DIRECT SUPERVISOR OR, IF THE CONDUCT INVOLVES THEIR DIRECT SUPERVISOR, THE NEXT LEVEL ABOVE THEIR DIRECT SUPERVISOR AND/OR THE LEGAL DEPARTMENT AS SOON AS POSSIBLE. |
| FORM 990, PART VI, SECTION C, LINE 19 | THESE DOCUMENTS ARE PROVIDED UPON REQUEST. |
| FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION | THE SHARKS FOUNDATION IS DEDICATED TO ENHANCING THE LIVES OF UNDERSERVED YOUTH AND FAMILIES WITH AN EMPHASIS IN THE AREAS OF EDUCATION, HEALTH & SAFETY, AND CHARACTER BUILDING. |
| FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION | THE SHARKS FOUNDATION IS DEDICATED TO ENHANCING THE LIVES OF UNDERSERVED YOUTH AND FAMILIES IN THE COMMUNITY WITH AN EMPHASIS IN THE AREAS OF EDUCATION, HEALTH AND SAFETY, AND CHARACTER DEVELOPMENT. THE SHARKS FOUNDATION ALSO SUPPLIES EMERGENCY AID WHEN APPROPRIATE, EXECUTES UNIQUE AND RELEVANT PROGRAMMING, SUPPORTS THE ADVANCEMENT OF YOUTH HOCKEY AND PROVIDES FINANCIAL SUPPORT AND RESOURCES TO ORGANIZATIONS THAT ENRICH THE LIVES OF THOSE IN NEED. |
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