2020-10-02T11:23:48-05:00 2019-12-31 911566381 FINNEY NEILL & COMPANY PS 9757 GREENWOOD AVE N SEATTLE WA 98103 990 2019-01-01 911546757 FARESTART FARE 2064431233 700 VIRGINIA STREET SEATTLE WA 98101 RYAN DEAN CFO 2064431233 2020-09-24 true JOSHUA J BREILING CPA P01286663 2062989811 2020-10-02 50.197.64.9 2020-10-02 11:23:48 CD P 26C96B7DF461ACEA52DA69E6B896C7FC2F1EB490 D942BC2BE509488FF119A0271634A1B4DBD3D3A0 2019 2021-01-29 14:40:06Z ANGELA DUNLEAVY-STOWELL 700 VIRGINIA STREET SEATTLE WA 98101 21897754 false X WWW.FARESTART.ORG X 1992 WA FARESTART TRANSFORMS LIVES, DISRUPTS POVERTY AND NOURISHES COMMUNITIES THROUGH FOOD, LIFE SKILLS AND JOB TRAINING. 18 18 379 3205 0 10641619 9933290 10751844 10735414 37770 44812 -250516 -85292 21180717 20628224 0 0 12874819 13138752 8021 0 1279318 9174969 7964035 22057809 21102787 -877092 -474563 30116931 20710837 2381934 4047962 27734997 16662875 FARESTART TRANSFORMS LIVES, DISRUPTS POVERTY AND NOURISHES COMMUNITIES THROUGH FOOD, LIFE SKILLS AND JOB TRAINING. false false 16671285 10735414 FARESTART ENGAGED 786 APPLICANTS, ENROLLED 421, AND PLACED 300 IN EMPLOYMENT IN 2019 THROUGH THE ADULT CULINARY, YOUTH BARISTA, YOUTH CULINARY, AND FOODSERVICE APPRENTISHIP PROGRAMS. CATALYST KITCHENS SUPPORTED 88 MEMBER ORGANIZATIONS AND SUPPORTED 66 UNIQUE NONPROFIT ORGANIZATIONS THROUGH NEW PROGRAMS, SCALING EXISTING PROGRAMS, AND PROVIDING TRAINING. IN 2019, FARESTART PRODUCED AND SERVED MORE THAN 917,000 MEALS TO THOSE IN NEED IN OUR COMMUNITY. 16671285 true true false true false false false false false false true false false false true true true true false false false false false false true true false false false true false false false false false false false false true false false false true false false false false true 91 0 true 379 true false false false false false true true false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true true false X X RYAN DEAN 2064431233 700 VIRGINIA ST SEATTLE WA 98101 ANGELA DUNLEAVY-STOWELL CEO 40.00 X 262727 0 16993 MICHELLE MCDANIEL CMEO 40.00 X 177035 0 13279 RYAN DEAN CFO 40.00 X 160539 0 12066 MATTHEW GURNEY VP SOCIAL EN 40.00 X 147342 0 7485 DALE MINGO DIR FOOD & B 40.00 X 109206 0 10852 MOLLY HANCOCK VP PROGRAMS 40.00 X 105092 0 8533 WAYNE JOHNSON EXECUTIVE CH 40.00 X 102819 0 10936 EMILY DITTY CDO 40.00 X 46071 0 1786 CATE HARDY PRESIDENT 3.00 X X 0 0 0 TRICIA MCKAY LINCOLN SECRETARY 3.00 X X 0 0 0 JULAINE SMITH TREASURER 3.00 X X 0 0 0 KEN HART BOARD MEMBER 3.00 X 0 0 0 BILL ADAMUCCI BOARD MEMBER 3.00 X 0 0 0 SUE BEVINGTON BOARD MEMBER 3.00 X 0 0 0 DANI CONE BOARD MEMBER 3.00 X 0 0 0 MICHAEL PICKETT BOARD MEMBER 3.00 X 0 0 0 SRILATA REMALA BOARD MEMBER 3.00 X 0 0 0 BETTINA STIX BOARD MEMBER 3.00 X 0 0 0 MICHELLE BURNS BOARD MEMBER 3.00 X 0 0 0 GAIL DEGIULIO BOARD MEMBER 3.00 X 0 0 0 RODGER KOHN BOARD MEMBER 3.00 X 0 0 0 JUDY MELELIAT BOARD MEMBER 3.00 X 0 0 0 JOANNA SMITH BOARD MEMBER 3.00 X 0 0 0 BRIAN SURRATT BOARD MEMBER 3.00 X 0 0 0 NICOLE TRIMBLE BOARD MEMBER 3.00 X 0 0 0 CRAIG RUSSELL BOARD MEMBER 3.00 X 0 0 0 1110831 81930 7 false true false NETWORK TECHNOLOGY SERVICES INC 12819 SE 38TH ST 368 BELLEVUE WA 98006 IT SUPPORT 518159 ELEVATE HR LLC 947 FEDERAL AVE E SEATTLE WA 98102 HUMAN RESOURCES 161698 TURNER CONSTRUCTION COMPANY 830 4TH AVE S STE 300 SEATTLE WA 98134 CONSTRUCTION 150086 3 1857605 1815699 6259986 896585 9933290 FOOD SERVICE REVENUE 722511 10331493 10331493 NON-PROFIT TRAINING 624200 403921 403921 10735414 44812 44812 312394 312394 811719 1857605 945407 -133688 -133688 49200 11729 37471 37471 OTHER REVENUE 624310 10925 10925 10925 20628224 10735414 -40480 646372 97369 357584 191419 10256738 8204025 1374528 678185 254240 173644 55614 24982 998250 790840 152615 54795 983152 777425 126953 78774 190704 190704 7922 7922 43906 43906 59500 59500 932525 688293 193117 51115 32266 31878 388 201289 128315 39740 33234 866868 739581 80390 46897 121292 104964 8580 7748 81092 81092 564007 336196 212804 15007 114103 97480 9975 6648 SOCIAL ENTERPRISE OP COST 3426060 3399510 -9822 36372 STUDENT SUPPORT EXP/COST 717087 715297 1601 189 MISCELLANEOUS 187390 55453 101070 30867 BOARD AND STAFF DEVELOPME 168153 111868 45772 10513 249871 219147 18539 12185 21102787 16671285 3152184 1279318 X 921759 2541370 153281 80023 17440945 6500238 687278 648516 146421 139012 378958 417041 14955281 6213360 8684762 8741921 1648883 1637138 22312 5578 32332 30116931 20710837 1603808 1388327 340487 287208 422239 2369238 15400 3189 2381934 4047962 X 10781675 11843935 16953322 4818940 27734997 16662875 30116931 20710837 X -474563 20171 -10530627 -87103 X false true X true true true X 7424323 6502770 11598264 10641619 9933290 46100266 7424323 6502770 11598264 10641619 9933290 46100266 3010034 43090232 27949 27241 23601 37770 44812 161373 14377 7944 5605 6294 10925 45145 46306784 41305438 0.93050 0.93130 X PART II, LINE 10 OTHER REVENUE 34,220 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59500 59500 20015132 20074632 1000000 250000 1000000 1000000 2000000 3000000 37139 59500 96639 250000 250000 500000 750000 SCHEDULE C, PART II-A THE ORGANIZATION'S SEC 501(H) ELECTION WAS IN EFFECT BEGINNING WITH THE YEAR END DECEMBER 31, 2018. THE ELECTION HAS NOT BEEN REVOKED AND REMAINS IN EFFECT. 2442204 2442204 8474358 2718760 5755598 4038719 3494600 544119 8741921 DEFERRED RENT 3189 3189 X 21437766 20171 355683 433688 809542 20628224 20628224 32509888 2773237 8633864 11407101 21102787 21102787 SCHEDULE D, PAGE 3, PART X FARESTART ACCOUNTS FOR TAX POSITIONS IN ACCORDANCE WITH THE RECOGNITION AND INITIAL MEASUREMENT SECTIONS OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION. WITH FEW EXCEPTIONS, FARESTART IS SUBJECT TO FEDERAL AND STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE PRIOR THREE YEARS. MANAGEMENT HAS REVIEWED FARESTART'S TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2019 AND 2018. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EVENT EXPENSES 433,688 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES 433,688 UNCOLLECTIBLE PLEDGES 87,103 LOSS ON IN-KIND LEASE CANCELLATION 8,113,073 GALA 2420145 1677339 742806 510362 28174 98098 950 142319 GOLF TOURN 249179 180266 68913 20930 48139 9700 1500 85235 2669324 1857605 811719 531292 76313 107798 2450 227554 945407 -133688 false false 49200 11542 187 true 0.90670 49200 11542 187 11729 37471 WA true false false false 1.00000 RYAN DEAN 700 VIRGINIA ST SEATTLE WA 98101 false ERIN ALSTON 102 OVERSEE RAFFLE X false X X X X false false false false false false false false false ANGELA DUNLEAVY-STOWELL CEO 262727 6433 10560 279720 MICHELLE MCDANIEL CMEO 177035 6463 6816 190314 RYAN DEAN CFO 160539 5191 6875 172605 MATTHEW GURNEY VP SOCIAL ENTERPRISE 147342 5894 1591 154827 X 20 161509 PUBLICLY TRADED VALUE X 481 168884 DONOR VALUATION X SUPPLIES 155 85291 DONOR VALUATION X AUCTION/RAFFLE 522 480901 DONOR VALUATION false true false SCHEDULE M, PAGE 2, PART II PART I, LINES 19, 25, AND 26, COLUMN B RESPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT COPY OF THE FORM 990 IS REVIEWED BY THE CEO, THE CFO, AND THE FINANCE COMMITTEE PRIOR TO THE TAX RETURN BEING COMPLETED BY THE OUTSIDE CPA. A COPY OF THE FINAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION DOES NOT ALLOW MEMBERS OF THE BOARD OF DIRECTORS WHO HAVE CONFLICTS OF INTEREST RELATED TO A SPECIFIC ISSUE TO VOTE ON THAT ISSUE. FARESTART ANNUALLY REMINDS BOARD MEMBERS ABOUT CONFLICT OF INTEREST POLICY AND REQUESTS SIGNED CERTIFICATIONS THAT THEY HAVE READ AND UNDERSTAND THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD COMPLETES A 360-DEGREE PERFORMANCE REVIEW AND USES AN OUTSIDE SURVEY SOURCE (THE UNITED WAY OF KING COUNTY SALARY SURVEY OF NON-PROFITS) FOR THE REGION. THE COMMITTEE THEN DISCUSSES THE PERFORMANCE OF THE CEO AND DECIDES ON THE SALARY AS A GROUP. THE CEO DOES NOT PARTICIPATE IN THESE DISCUSSIONS OR DECISIONS. THE EXECUTIVE COMMITTEE THEN MEETS WITH THE CEO TO DISCUSS THE PERFORMANCE EVALUATION AND THE SALARY ADJUSTMENT. FORM 990, PAGE 6, PART VI, LINE 15B ALL OTHER EMPLOYEES PARTICIPATE IN AN ANNUAL AND MID-YEAR REVIEW AND CALIBRATION PROCESS. FEEDBACK IS SOUGHT FROM DIRECT REPORTS AND PEERS AND SALARY INCREASES ARE BASED ON MERIT AND MARKET ANALYSIS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS ANNUAL AUDITED FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE GENERAL PUBLIC ON ITS WEBSITE. ALL OTHER DOCUMENTS, SUCH AS: CONFLICT OF INTEREST POLICY; ORGANIZATIONAL DOCUMENTS; FORM 1023; AND INTERIM FINANCIAL INFORMATION, ARE MADE AVAILABLE AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE UPON REQUEST. FORM 990, PART XI IN 2017 FARESTART LAUNCHED AN EXPANDED FOODSERVICE APPRENTICESHIP PROGRAM AND THE OPENING, OR EXPANSION OF, SOCIAL ENTERPRISES DESIGNED TO PROVIDE ON-THE-JOB TRAINING FOR APPRENTICES. THE APPRENTICESHIP PROGRAM PROVIDES THE TRAINING AND SUPPORT FOR FOODSERVICE WORKERS TO SKILL-UP AND ADVANCE THEIR CAREER TOWARD A LIVING WAGE JOB. FARESTART COULDN'T HAVE LAUNCHED THIS NEW PROGRAM AND SOCIAL ENTERPRISES WITHOUT THE MATERIAL SUPPORT OF THE LANDLORD. IN COMPLIANCE WITH GAAP, THE DONATED USE OF APPROXIMATELY 30,000 SQUARE FEET OF BUILT OUT AND READY TO OPERATE SPACE WAS RECORDED AS AN "IN-KIND" CONTRIBUTION IN 2017, AND THE USE OF IT IS RECORDED OVER TIME PURSUANT TO AGREEMENTS EXECUTED BETWEEN THE PARTIES. IN 2019, FARESTART MANAGEMENT, IN CONJUNCTION WITH ITS LANDLORD, DETERMINED THAT IT NEEDED TO CLOSE FRONT-OF-HOUSE AT ONE OF THE LOCATIONS LOCATIONS WHILE RETAINING ACCESS TO THE BACK-OF-HOUSE KITCHEN FACILITY. THIS DECISION FOLLOWED A SIMILAR ONE MADE IN 2018. AS A RESULT OF THE CLOSURE, THE IN-KIND CONTRIBUTION RECEIVABLE WAS REDUCED. THIS HAS CAUSED A MATERIAL RECONCILIATION BETWEEN FORM 990 AND THE AUDITED FINANCIAL STATEMENTS, BUT OPERATIONALLY THE ORGANIZATION HAS NOT CHANGED SIGNIFICANTLY. THE CASH FLOWS PER THE FINANCIAL STATEMENTS REMAIN CONSISTENT WITH PREVIOUS YEARS AND THE NEED FOR THE STRONG SUPPORT OF THE COMMUNITY TO FULFILL THE MISSION AND SERVE FARESTART'S STUDENTS, APPRENTICES AND GRADUATES REMAINS CRITICAL. FORM 990, PART XI, LINE 9 UNCOLLECTIBLE PLEDGES -87,103 FARESTART PROPERTIES LLC 700 VIRGINIA STREET SEATTLE WA 98101 204392358 REAL PROP WA -93773 7589238 FARESTART THE ORGANIZATION'S SEC 501(H) ELECTION WAS IN EFFECT BEGINNING WITH THE YEAR END DECEMBER 31, 2018. THE ELECTION HAS NOT BEEN REVOKED AND REMAINS IN EFFECT.