2025-11-14T09:49:42-06:00 2024-12-31 861065772 DELOITTE TAX LLP 12830 EL CAMINO REAL SUITE 600 SAN DIEGO CA 92130 990 2024-01-01 203395198 TIDES NETWORK TIDE 4155616400 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 KAREN CALDWELL ASST. TREASURER/CFO 4155616400 2025-11-13 1 0 JOCELYNE MILLER P00634378 6192326500 2024 2025-03-06 01:10:19Z JANIECE EVANS-PAGE 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 53398769 0 X WWW.TIDES.ORG X 2005 CA TO SUPPORT AND ADVANCE THE OTHER TIDES ENTITIES BY PROVIDING EXECUTIVE LEADERSHIP, HR RESOURCES, FINANCIAL MANAGEMENT AND ACCOUNTING, LEGAL AND COMPLIANCE, AND ADMINISTRATIVE SERVICES. 19 18 256 3 0 0 18236 19980 46001622 52942810 0 0 309806 435979 46329664 53398769 251708 422750 0 0 34700817 41187895 0 0 3387841 11471828 11788124 46424353 53398769 -94689 0 10474683 12588083 6155496 8268896 4319187 4319187 THE TIDES ENTITIES WORK IN PARTNERSHIP WITH COMMUNITY LEADERS, NONPROFITS, DONORS, FOUNDATIONS, AND CORPORATIONS TO PROVIDE FISCAL SPONSORSHIP, DONOR ADVISED FUNDS, GRANTMAKING, AND OTHER PHILANTHROPIC SERVICES. 0 0 30069991 422750 53378789 TIDES NETWORK (THE "NETWORK") PROVIDES SHARED SERVICES AND OVERSEES THE OPERATIONS, APPOINTS BOARD MEMBERS, AND PROVIDES EXECUTIVE LEADERSHIP AND ADMINISTRATIVE SUPPORT FOR THE OTHER TIDES ORGANIZATIONS (TIDES CENTER, TIDES FOUNDATION, TIDES, INC., AND TIDES TWO RIVERS FUND). THE NETWORK'S SPECIFIC ACTIVITIES INCLUDE SETTING MISSION AND STRATEGY WITH OTHER TIDES ENTITIES, AND SUPPORTING THEIR FINANCIAL LEADERSHIP, RISK MANAGEMENT, COMMUNICATIONS, ADMINISTRATION OF HUMAN RESOURCES, AS WELL AS ADMINISTRATION OF INFORMATION TECHNOLOGY AND OTHER OFFICE SYSTEMS. 30069991 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 61 0 1 256 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MA MD MI MN NC ND NH NJ NM NY OR PA RI SC TN VA WI WV X X KAREN CALDWELL 4155616400 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 JANIECE EVANS-PAGE DIRECTOR, CEO 5.00 50.00 X X 818625 0 42635 BRICKSON DIAMOND DIRECTOR, CHAIR 2.00 2.00 X X 0 0 0 CHERYL D ALSTON DIRECTOR, SECRETARY 2.00 2.00 X X 0 0 0 MARC DIAZ DIRECTOR, VICE CHAIR 2.00 2.00 X X 0 0 0 TIM WANG DIRECTOR, TREASURER 2.00 2.00 X X 0 0 0 ANGELA CHADWICK DIRECTOR 2.00 2.00 X 0 0 0 ANTOINETTE KLATZKY DIRECTOR 2.00 2.00 X 0 0 0 DYLAN ORR DIRECTOR 2.00 2.00 X 0 0 0 EDWARD G LLOYD DIRECTOR 2.00 2.00 X 0 0 0 ELIZER DARRIS DIRECTOR 2.00 2.00 X 0 0 0 JACOB WELDON DIRECTOR 2.00 2.00 X 0 0 0 JEFFERY WALLACE DIRECTOR 2.00 2.00 X 0 0 0 JESSICA CARVALHO MORRIS DIRECTOR 2.00 2.00 X 0 0 0 LORI CHATMAN DIRECTOR 2.00 2.00 X 0 0 0 MICHAEL ROBERTS DIRECTOR 2.00 2.00 X 0 0 0 REGINA JACKSON DIRECTOR 2.00 2.00 X 0 0 0 ROSLYN DAWSON THOMPSON DIRECTOR THRU 11/24 2.00 2.00 X 0 0 0 SHELBY CHESTNUT DIRECTOR 2.00 2.00 X 0 0 0 SULMA ARIAS DIRECTOR 2.00 2.00 X 0 0 0 TRISTA HARRIS DIRECTOR 2.00 4.00 X 0 0 0 SUNEELA JAIN ASST SEC & CHIEF LGL & COMP OFFICER 41.00 14.00 X 447893 0 53647 JAMES LUM ASSISTANT TREASURER/CFO THRU 9/2024 17.00 38.00 X 570029 0 45726 KAREN CALDWELL ASST TREASURER AND CFO AS OF 11/24 17.00 38.00 X 70815 0 0 THRESA NELSON INT CFO&ASST TREAS 10/24 TO 11/24 17.00 38.00 X 99015 0 0 DANIEL SHANNON CHIEF PARTNERSHIPS OFFICER 55.00 0.00 X 462105 0 44129 ANUCHA BROWNE CHIEF IMPACT OFFICER 55.00 0.00 X 432717 0 37744 SAJIT JOSEPH CHF DGTL&TRANSFORM OFF AS OF 4/24 55.00 0.00 X 306728 0 29221 LIZ LANDON CHIEF PEOPLE OFFICER AS OF 5/24 55.00 0.00 X 222694 0 35668 PETER T MARTIN EXECUTIVE DIRECTOR TIDES FOUNDATION 40.00 0.00 X 291450 0 57470 KEITH M SPEARS VICE PRESIDENT, IMPACT INVESTING 40.00 0.00 X 281646 0 36506 MYINT T ZAR SR DIR, FINANCE - TIDES FOUNDATION 40.00 0.00 X 253527 0 38758 BREANNE G VOPELAK SENIOR DIRECTOR, COMPLIANCE 40.00 0.00 X 254508 0 10812 HARRIET SIBERAS SR DIR, ADV SERVICES & STRATEGY 40.00 0.00 X 259971 0 1778 4771723 0 434094 166 0 1 0 KENNEDY EVENTS LLC 180 GOLDEN HIND PSGE CORTE MADERA CA 94925 CONSULTING 765919 JENNER & BLOCK LLP 353 NORTH CLARK ST CHICAGO IL 60654 CONSULTING 600314 ORACLE AMERICA INC 500 ORACLE PARKWAY REDWOOD SHORES CA 94065 CONSULTING 493089 AJILON PROFESSIONAL STAFFING LLC DEPT CH 14031 PALATINE IL 60055 CONSULTING 429251 BOXIT LLC 2261 HARBOR BAY PARKWAY ALAMEDA CA 94502 IT SERVICES 326259 32 19980 19980 NETWORK SERVICE FEE 561000 52236129 52236129 MANAGEMENT & CONSULTING 561000 508787 508787 RENTAL INCOME 532000 118138 118138 CONFERENCE ROOM RENTAL 532000 56996 56996 PHONE CHARGES 561499 22760 22760 52942810 REIMBURSEMENT/REFUNDS 900099 435979 435979 435979 53398769 53378789 0 0 422750 422750 3597255 2483729 904740 208786 29974036 20695611 7538720 1739705 1186775 807007 308561 71207 4153957 2854042 1050678 249237 2275872 1547593 591727 136552 3467108 346711 2773686 346711 969176 969176 565068 565068 174984 17498 139988 17498 574513 57452 459610 57451 1127679 112768 902143 112768 1515674 151567 1212540 151567 994564 99456 795651 99457 1212440 121244 969952 121244 369 369 143252 64385 78867 60216 60216 LICENSES 147498 14750 117998 14750 BOARD EXPENSES 89627 89627 STATE REGISTRATIONS, FI 48207 4820 38566 4821 BANKING FEES 32823 3282 26259 3282 664926 264957 347164 52805 53398769 30069991 19940937 3387841 2333502 4338298 449075 725192 573568 740539 2374092 1728306 789038 645786 6329500 6138268 10474683 12588083 3704888 3792263 3503848 2450608 972785 6155496 8268896 X 4319187 4319187 4319187 4319187 10474683 12588083 0 0 X 0 1 X 1 0 X X X 3 TIDES FOUNDATION 510198509 7 1 0 21645922 TIDES CENTER 943213100 7 1 0 29774450 TIDES INC 571138099 10 1 0 700170 3 0 52120542 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 SCHEDULE A, PART IV, SECTION A, LINE 6: TIDES NETWORK (THE "NETWORK") PROVIDES SHARED SERVICES AND OVERSEES THE OPERATIONS, APPOINTS BOARD MEMBERS, AND PROVIDES EXECUTIVE LEADERSHIP AND ADMINISTRATIVE SUPPORT FOR THE OTHER TIDES ORGANIZATIONS, INCLUDING TIDES CENTER, TIDES FOUNDATION AND TIDES INC., AND TIDES TWO RIVERS FUND. THE NETWORK'S SPECIFIC ACTIVITIES INCLUDE SETTING MISSION AND STRATEGY WITH OTHER TIDES ENTITIES, AND SUPPORTING THEIR FINANCIAL LEADERSHIP, RISK MANAGEMENT, COMMUNICATIONS, ADMINISTRATION OF HUMAN RESOURCES, AS WELL AS ADMINISTRATION OF INFORMATION TECHNOLOGY AND OTHER OFFICE SYSTEMS. ALL DIRECT AND INDIRECT COSTS, INCLUDING MANAGEMENT SALARIES AND SUPPORTING SERVICES OF TIDES CENTRAL OFFICE, ARE INCURRED WITHIN TIDES NETWORK. CONSISTENT WITH ITS STATUS AS A TYPE II SUPPORTING ORGANIZATION, AS WELL AS ITS ORGANIZATIONAL DOCUMENTS AND APPROVED APPLICATION FOR EXEMPT STATUS, TIDES NETWORK ENGAGES SOLELY IN ACTIVITIES THAT SUPPORT OR BENEFIT ITS SUPPORTED ORGANIZATIONS OR ORGANIZATIONS UNDER THEIR DIRECTION AND CONTROL. SCHEDULE A, PART IV, SECTION C, LINE 1: TIDES NETWORK'S SUPPORTED ORGANIZATIONS ARE TIDES FOUNDATION, TIDES CENTER AND TIDES INC. EACH MEMBER OF THE TIDES NETWORK BOARD OF DIRECTORS IS ALSO A MEMBER OF ONE OF THE TIDES CENTER OR TIDES FOUNDATION BOARD OF DIRECTORS. OFFICERS OF TIDES NETWORK CONSTITUTE A MAJORITY OF THE MEMBERS OF THE BOARD OF TIDES INC. PART I, LINE 12G, COLUMN (VI): TIDES NETWORK (THE "NETWORK") PROVIDES SHARED SERVICES AND OVERSEES THE OPERATIONS, APPOINTS BOARD MEMBERS, AND PROVIDES EXECUTIVE LEADERSHIP AND ADMINISTRATIVE SUPPORT FOR THE OTHER TIDES ORGANIZATIONS (TIDES CENTER, TIDES FOUNDATION AND TIDES, INC.) THE NETWORK'S SPECIFIC ACTIVITIES INCLUDE SETTING MISSION AND STRATEGY WITH OTHER TIDES ENTITIES, AND SUPPORTING THEIR FINANCIAL LEADERSHIP, RISK MANAGEMENT, COMMUNICATIONS, ADMINISTRATION OF HUMAN RESOURCES, AS WELL AS ADMINISTRATION OF INFORMATION TECHNOLOGY AND OTHER OFFICE SYSTEMS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 732357 248571 483786 143632 143632 0 1498103 1336103 162000 645786 DUE FROM RELATED ORGANIZATIONS 5217348 RIGHT OF USE LEASE ASSETS 920920 6138268 SECURITY DEPOSITS 3100 LEASE LIABILITY - CURRENT 969685 972785 X PART X, LINE 2: MANAGEMENT EVALUATED TIDES ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THEY HAD MAINTAINED THEIR TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 TIDES CENTER 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 943213100 501(C)(3) 16870 0 GENERAL SUPPORT BOWIE STATE UNIVERSITY FOUNDATION 14000 JERICHO PARK ROAD TML STE 170 BOWIE MD 20715 520952758 501(C)(3) 375000 0 GENERAL SUPPORT SHAUN FOUNDATION FOR GIRLS 15030 VENTURA BLVD 323 SHERMAN OAKS CA 91403 851787888 501(C)(3) 10000 0 GENERAL SUPPORT 3 0 PART I, LINE 2: DURING 2024, THE GRANTS THAT WERE PROVIDED TO SUPPORTED ORGANIZATIONS OF TIDES NETWORK AND WERE MONITORED VIA OVERLAPPING GOVERNING BODY AND MANAGEMENT OF THE SUPPORTING/SUPPORTED ORGANIZATIONS. TIDES NETWORK ALSO MADE A GRANT TO BOWIE STATE UNIVERSITY TO SUPPORT A FELLOWSHIP PROGRAM, WHICH WAS MONITORED VIA FIRST-HAND OBSERVATION. THE GRANT TO S.H.A.U.N. FOUNDATION FOR GIRLS WAS PROVIDED FOR GENERAL SUPPORT. X X X 1 1 0 0 0 0 0 1 0 JANIECE EVANS-PAGE DIRECTOR, CEO 639465 0 177180 0 1980 0 13667 0 28968 0 861260 0 0 0 JAMES LUM ASSISTANT TREASURER/CFO THRU 9/2024 304277 0 675 0 265077 0 15279 0 30447 0 615755 0 0 0 DANIEL SHANNON CHIEF PARTNERSHIPS OFFICER 383896 0 77759 0 450 0 14345 0 29784 0 506234 0 0 0 SUNEELA JAIN ASST SEC & CHIEF LGL & COMP OFFICER 356065 0 91528 0 300 0 16334 0 37313 0 501540 0 0 0 ANUCHA BROWNE CHIEF IMPACT OFFICER 355207 0 75530 0 1980 0 2875 0 34869 0 470461 0 0 0 PETER T MARTIN EXECUTIVE DIRECTOR TIDES FOUNDATION 288867 0 1900 0 683 0 12961 0 44509 0 348920 0 0 0 SAJIT JOSEPH CHF DGTL&TRANSFORM OFF AS OF 4/24 305715 0 675 0 338 0 11449 0 17772 0 335949 0 0 0 KEITH M SPEARS VICE PRESIDENT, IMPACT INVESTING 277923 0 1863 0 1860 0 13062 0 23444 0 318152 0 0 0 MYINT T ZAR SR DIR, FINANCE - TIDES FOUNDATION 251499 0 1788 0 240 0 11910 0 26848 0 292285 0 0 0 BREANNE G VOPELAK SENIOR DIRECTOR, COMPLIANCE 252368 0 1900 0 240 0 9579 0 1233 0 265320 0 0 0 HARRIET SIBERAS SR DIR, ADV SERVICES & STRATEGY 257825 0 1900 0 246 0 0 0 1778 0 261749 0 0 0 LIZ LANDON CHIEF PEOPLE OFFICER AS OF 5/24 221325 0 563 0 806 0 11910 0 23758 0 258362 0 0 0 PART I, LINES 4A-B PART I, LINE 4A: JAMES LUM RECEIVED A SEVERANCE PAYMENT OF $205,000 DURING FY24. PART I, LINE 4B: SUNEELA JAIN PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DURING THE YEAR. PART I, LINE 7 DISCRETIONARY BONUSES PAID TO SELECT EXECUTIVE AND AWARDED BASED ON PRE-ESTABLISHED CRITERIA AND AS A PERCENTAGE OF TOTAL BASE SALARY. EXECUTIVE BONUSES ARE FACTORED INTO TOTAL COMPENSATION AND REVIEWED FOR REASONABLENESS IN ACCORDANCE WITH BOARD (AS REGARDS THE CEO AND CFO) AND COMPANY PRACTICES (FOR ANY OTHERS). BONUSES FOR THE CEO AND CFO WERE REVIEWED AND APPROVED BY THE BOARD FOLLOWING REVIEW AND APPROVAL BY THE BOARD'S COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE AND ACCOUNTING DEPARTMENT. THE CFO, IN CONSULTATION WITH OTHER STAFF AS RELEVANT, REVIEW A DRAFT OF THE FORM 990; ADJUSTMENTS ARE MADE AS NECESSARY. THE FORM 990 IS THEN SENT TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C UNDER THE TERMS OF THE CONFLICT OF INTEREST POLICY, THE DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST DISCLOSURE STATEMENTS ON AN ANNUAL BASIS. WHEN A POTENTIAL OR ACTUAL CONFLICT OF INTEREST IS IDENTIFIED, DISCLOSURE OF ALL MATERIAL FACTS MUST BE MADE TO THE BOARD OF DIRECTORS AND THE MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT OR THE CHIEF LEGAL AND COMPLIANCE OFFICER, IF THE TRANSACTION IS BEING CONTEMPLATED OUTSIDE OF THE CONTEXT OF A MEETING. IF IT IS DETERMINED THAT A CONFLICT OF INTERESTS EXISTS, THE CONFLICTED INDIVIDUAL, MAY PROVIDE ADDITIONAL FACTUAL INFORMATION REGARDING THE AFFECTED TRANSACTION, BUT MAY NOT PARTICIPATE IN OR ATTEMPT TO INFLUENCE DELIBERATION AND VOTING. THE CONFLICTED INDIVIDUAL MUST BE EXCUSED FROM THE MEETING PRIOR TO DELIBERATION, AND MAY NOT RETURN UNTIL DELIBERATION AND VOTING ON THE MATTER HAVE BEEN CONCLUDED. IF QUESTIONS ARISE WITH RESPECT TO THE POLICY OR PROCEDURES FOR DISCLOSING A POTENTIAL OR ACTUAL CONFLICT, THE MATTER MAY BE REFERRED TO HUMAN RESOURCES OR THE LEGAL DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 THE TIDES NETWORK BOARD OF DIRECTORS IS RESPONSIBLE FOR SETTING, REVIEWING AND APPROVING COMPENSATION PACKAGES OF THE CEO AND CFO, AND MAY, IN ITS DISCRETION, REVIEW THE COMPENSATION OF ANY OTHER PERSONS WHOM THE BOARD DETERMINES IS AN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF TIDES. TIDES NETWORK PRIORITIZES EQUITABLE COMPENSATION FOR ALL TIDES STAFF AND EVALUATES COMPENSATION INTERNALLY AND WITH COMPARABLE ORGANIZATIONS TO ENSURE THAT IT IS JUST, REASONABLE, AND EQUITABLE. FOR THE CEO, THE EXECUTIVE COMMITTEE CONDUCTS THE ANNUAL PERFORMANCE REVIEW. FOR THE CEO AND CFO, THE TIDES NETWORK BOARD OF DIRECTORS' EXECUTIVE COMPENSATION SUBCOMMITTEE MAKES COMPENSATION RECOMMENDATIONS TO THE BOARD, UTILIZING COMPENSATION STUDIES TO DETERMINE APPROPRIATE COMPENSATION. THIS PROCESS IS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMPENSATION SUBCOMMITTEE. TIDES NETWORK ALSO UTILIZES COMPARABILITY STUDIES IN DETERMINING APPROPRIATE COMPENSATION FOR OTHER EXECUTIVES AND KEY EMPLOYEES OF THE ORGANIZATION. THE LAST COMPENSATION REVIEWS FOR THE CEO AND CFO WERE PERFORMED IN FEBRUARY, 2024. TIDES ALSO EVALUATES ALL STAFF COMPENSATION PERIODICALLY USING EXTERNAL STUDIES TO ENSURE EQUITABLE COMPENSATION. IN 2024, A COMPENSATION ANALYSIS WAS COMPLETED FOR EVERY TIDES POSITION. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE PROVIDED ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT GENERALLY PROVIDED. TIDES INC 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 571138099 DEVELOP/OPERATE FACILITIES MGMT AND MULTI-TENANT NONPROFIT CENTERS CA 501(C)(3) 10 TIDES NETWORK 1 TIDES TWO RIVERS FUND 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 201588459 DEVELOP/OPERATE FACILITIES MGMT AND MULTI-TENANT NONPROFIT CENTERS CA 501(C)(3) 12A, I TIDES NETWORK 1 TIDES FOUNDATION 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 510198509 GRANTMAKING CA 501(C)(3) 7 TIDES NETWORK 1 TIDES CENTER 1012 TORNEY AVENUE SAN FRANCISCO CA 94129 943213100 PROJECT DEVELOPMENT & MANAGEMENT CA 501(C)(3) 7 TIDES NETWORK 1 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 1 1 0 0 TIDES INC K 1211893 BOOK VALUE TIDES TWO RIVERS FUND K 296202 BOOK VALUE TIDES CENTER L 29774450 BOOK VALUE TIDES FOUNDATION L 21645922 BOOK VALUE TIDES INC L 700170 BOOK VALUE TIDES TWO RIVERS FUND L 115587 BOOK VALUE