2019-10-09T09:33:12-05:00 2018-12-31 911566381 FINNEY NEILL & COMPANY PS 9757 GREENWOOD AVE N SEATTLE WA 98103 990 2018-01-01 911546757 FARESTART FARE 2064431233 700 VIRGINIA STREET SEATTLE WA 98101 RYAN DEAN CFO 2064431233 2019-10-03 true JOSHUA J BREILING CPA P01286663 2062989811 2019-10-03 50.197.64.9 2019-10-09 09:33:12 CD P 26C96B7DF461ACEA52DA69E6B896C7FC2F1EB490 26C96B7DF461ACEA52DA69E6B896C7FC2F1EB490 2018 2020-01-14 16:20:31Z ANGELA DUNLEAVY-STOWELL 700 VIRGINIA STREET SEATTLE WA 98101 22145348 false X WWW.FARESTART.ORG X 1992 WA FARESTART PROVIDES A COMMUNITY THAT TRANSFORMS LIVES BY EMPOWERING PEOPLE WITH BARRIERS TO EMPLOYMENT TO ACHIEVE SELF-SUFFICIENCY THROUGH LIFE SKILLS, JOB TRAINING AND EMPLOYMENT IN THE FOOD SERVICE INDUSTRY. 19 18 494 3763 0 135670 11598264 10641619 8296277 10751844 -301788 37770 -28902 -250516 19563851 21180717 0 0 10618674 12874819 20502 8021 1616680 8484588 9174969 19123764 22057809 440087 -877092 47351047 30116931 2903628 2381934 44447419 27734997 FARESTART PROVIDES A COMMUNITY THAT TRANSFORMS LIVES BY EMPOWERING PEOPLE WITH BARRIERS TO EMPLOYMENT TO ACHIEVE SELF-SUFFICIENCY THROUGH LIFE SKILLS, JOB TRAINING AND EMPLOYMENT IN THE FOOD SERVICE INDUSTRY. false false 17441243 10751844 FARESTART IS PROUD TO REPORT OUTSTANDING 2018 OUTCOMES, SERVING 1,253 INDIVIDUALS ACROSS ALL PROGRAMS. THE ADULT CULINARY PROGRAM GRADUATED 145 STUDENTS, WITH 91% PLACED IN JOBS WITHIN 90 DAYS OF GRADUATING. THE YOUTH BARISTA PROGRAM GRADUATED 48 YOUTH, PLACING 76% IN JOBS WITHIN 6 MONTHS. THE YOUTH CULINARY PROGRAM GRADUATED 38 YOUTH AND 51 YOUTH ADVANCED THEIR EDUCATION. 20 ADULTS GRADUATED FROM THE APPRENTICESHIP PROGRAM WITH AN AVERAGE WAGE INCREASE OF 20%. OUR COMMUNITY AND SCHOOL MEALS PROGRAMS PRODUCED AND SERVED MORE THAN 858,000 MEALS TO THOSE IN NEED IN OUR COMMUNITY. OUR NATIONAL PROGRAM, CATALYST KITCHENS, WORKED WITH 65 NONPROFIT ORGANIZATIONS ACROSS THE U.S. AND CANADA. 17441243 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 105 0 true 494 true false false false false false true true false false false false false false X 19 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 KEN HART PRESIDENT 3.00 X X 0 0 0 CATE HARDY PRESIDENT EL 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 BILL ADAMUCCI BOARD MEMBER 3.00 X 0 0 0 GREGG JOHNSON BOARD MEMBER 3.00 X 0 0 0 JEFFREY ADELSON BOARD MEMBER 3.00 X 0 0 0 SUE BEVINGTON 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 CHRIS SCHNECK BOARD MEMBER 3.00 X 0 0 0 JOANNA SMITH BOARD MEMBER 3.00 X 0 0 0 BETTINA STIX 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 JUSTICE MARY I YU BOARD MEMBER 3.00 X 0 0 0 MEGAN KARCH CEO, FORMER 40.00 X 61847 0 4083 CRAIG RUSSELL INTERIM CEO 40.00 X X 122400 0 0 ANGELA DUNLEAVY-STOWELL CEO 40.00 X 55748 0 1958 MICHELLE MCDANIEL CDO 40.00 X 165132 0 13620 RYAN DEAN CFO 40.00 X 155666 0 14555 MATTHEW GURNEY VP SOCIAL EN 40.00 X 145000 0 7358 MOLLY HANCOCK VP PROGRAMS 40.00 X 129796 0 11054 DALE MINGO DIR FOOD & B 40.00 X 104681 0 12159 940270 64787 6 false true false NET-TECH 12819 SE 38TH ST 368 BELLEVUE WA 98006 IT SUPPORT 476017 ELEVATE HR LLC 947 FEDERAL AVE E SEATTLE WA 98102 HUMAN RESOURCES 156149 RUSSELL 360 INC 22032 55TH AVE SE WOODINVILLE WA 98072 INTERIM CEO 122400 3 1999322 1774706 6867591 985428 10641619 FOOD SERVICE REVENUE 722511 10455227 10455227 NON-PROFIT TRAINING 624200 296617 296617 10751844 37770 37770 182441 182441 484580 1999322 772184 -287604 -287604 40800 10006 30794 30794 OTHER REVENUE 624310 6294 6294 6294 21180717 10751844 -212746 438393 243862 194531 10313122 8619081 810665 883376 190059 136265 26175 27619 986801 830663 89297 66841 946444 779332 82497 84615 278549 278549 16940 16940 37318 37318 37139 37139 8021 8021 1216726 505538 620256 90932 67855 61677 2353 3825 249308 148523 55073 45712 831656 708552 72223 50881 104720 78721 9596 16403 37565 37565 583570 367243 209778 6549 104178 94469 4234 5475 SOCIAL ENTERPRISE OP COST 3954945 3858365 50010 46570 STUDENT SUPPORT EXP/COST 785720 785205 515 MISCELLANEOUS 412527 144854 210624 57049 STUDENT AND STAFF MEALS 142976 129178 7039 6759 313277 193577 98178 21522 22057809 17441243 2999886 1616680 X 1565445 921759 207383 153281 32676163 17440945 1769236 687278 135116 146421 354444 378958 14350851 5666089 9108739 8684762 1417020 1648883 39044 22312 78457 32332 47351047 30116931 1584909 1603808 295245 340487 1001821 422239 21653 15400 2903628 2381934 X 11783726 10781675 32663693 16953322 44447419 27734997 47351047 30116931 -877092 -17120 -15818210 X false true X true true true X 7828241 7424323 6502770 11598264 10641619 43995217 7828241 7424323 6502770 11598264 10641619 43995217 2860317 41134900 25349 27949 27241 23601 37770 141910 14377 7944 5605 6294 34220 44171347 34753432 0.93130 0.92650 X PART II, LINE 10 OTHER REVENUE 27,926 37139 37139 20727176 20764315 1000000 250000 1000000 1000000 1500000 37139 37139 250000 250000 375000 2442204 2442204 8264070 2438005 5826065 3644577 3228084 416493 8684762 DEFERRED RENT 15400 15400 X 21832042 -17120 309445 359000 651325 21180717 21180717 38544464 16127655 359000 16486655 22057809 22057809 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 FARESTARTS TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EVENT EXPENSES 359,000 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EVENT EXPENSES 359,000 WA GALA 2257297 1821107 436190 411683 24436 92893 18304 141071 GOLF TOURN 226605 178215 48390 9961 50714 11715 11407 2483902 1999322 484580 421644 75150 104608 18304 152478 772184 -287604 false false 40800 5050 4956 true 0.87000 40800 5050 4956 10006 30794 WA true false false false 1.00000 RYAN DEAN 700 VIRGINIA ST SEATTLE WA 98101 false MORGAN WINKLER 270 OVERSEE RAFFLE X false X X X X false false false false false false false false false MICHELLE MCDANIEL CDO 165132 5698 7922 178752 RYAN DEAN CFO 155666 6633 7922 170221 MATTHEW GURNEY VP SOCIAL ENTERPRISE 145000 5800 1558 152358 X 18 177685 PUBLICLY TRADED VALUE X 464 323060 DONOR VALUATION X SUPPLIES 191 95136 DONOR VALUATION X AUCTION/RAFFLE 523 389547 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 2018, FARESTART MANAGEMENT, IN CONJUNCTION WITH ITS LANDLORD, DETERMINED THAT IT NEEDED TO CLOSE OPERATIONS AT ONE OF THE SOCIAL ENTERPRISE LOCATIONS. 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. FARESTART PROPERTIES LLC 700 VIRGINIA STREET SEATTLE WA 98101 204392358 RENTAL WA -93903 7683011 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.