THE SHARKS FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

DUSTIN SCHISSLER

Phone

4082877070

Tax Period

2024-07-01 to 2025-06-30

THE SHARKS FOUNDATION, founded in 1994, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE SHARKS FOUNDATION EMPOWERS YOUTH THROUGH EDUCATION AND WELLNESS PROGRAMS WHILE ADVANCING EQUITABLE ACCESS TO HOCKEY FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $426,295 Revenue: $0

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 2024 TO JUNE 2025, THE PROGRAM FEATURED KEY ACTIVATIONS/EVENTS AND INCLUDED SUPPORT FROM SHARKS PLAYERS, COACHES, BROADCASTERS, EXECUTIVES, CORPORATE PARTNERS, EMPLOYEES, AND VOLUNTEERS. THROUGHOUT THE SEASON GRANTS WERE ALSO PROVIDED TO NONPROFITS TO ALIGN WITH NHL INITIATIVES SUCH AS HOCKEY FIGHTS CANCER, TO SUPPLY EMERGENCY AID, AND DONATIONS THAT WERE GENERATED FROM SHARKS FOUNDATION FUNDRAISING EFFORTS. GRANTS RANGED FROM $3,000-$56,000.

Program 2

Expenses: $345,000 Revenue: $0

DURING THE 2024-25 SEASON, THE SHARKS FOUNDATION JOINED FORCES WITH SAP TO LAUNCH THE START OF THEIR CO-CREATED EDUCATION EQUITY CAMPAIGN FOCUSED ON PROVIDING OPPORTUNITIES TO UNDERSERVED INDIVIDUALS AND PREPARING COLLEGE STUDENTS TO ENTER THE WORKFORCE. IN THE INAUGURAL YEAR OF THE CAMPAIGN, THE SHARKS FOUNDATION AND SAP PROVIDED THREE $115,000 GRANTS TO NON-PROFITS NPOWER, THE PENINSULA COLLEGE FUND, AND BRAVEN, TO ASSIST 700+ LOCAL FIRST-GENERATION COLLEGE STUDENTS, MILITARY VETERANS, AND/OR BIPOC INDIVIDUALS ALL TRYING TO FURTHER THEIR EDUCATION OR SECURE STRONG FIRST JOBS.

Program 3

Expenses: $208,005 Revenue: $0

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...

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: ACCESS BOOKS BAY AREA, GEORGE MARK CHILDREN'S HOSPITAL, HACK THE HOOD, OKIZU, RONALD MCDONALD HOUSE CHARITIES BAY AREA, SCIENTIFIC ADVENTURES FOR GIRLS, AND SAVE THE BAY. THE 2024-25 PROGRAM PROVIDED EACH ORGANIZATION WITH A $29,715 DONATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,155,888

Program Service Revenue $0

Investment Income $12,438

Other Revenue $532,949

TOTAL REVENUE $1,701,275

Expense Breakdown

Grants Paid $979,300

Salaries & Benefits $599,314

Fundraising Expenses $0

Program Expenses $979,300

Other Expenses $155,024

TOTAL EXPENSES $1,733,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,701,275	$1,424,811	+0.2%
Expenses	$1,733,638	$1,345,729	+0.3%
Net Income	$-32,363	$79,082	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$117,496

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BENTZ	SENIOR VICE PRESIDENT, CHIEF MARKETING OFFICER	1.00	Officer Director	$0	$0	$0
DAN RUSANOWKSY	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES HAMNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
NEDA TEBATABAIE	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIN TUCCI	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN MARTIN	GENERAL MANAGER	1.00	Director	$0	$0	$0
ALLISON COVEY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
BRANDON WEISS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN BROWN	EXECUTIVE DIRECTOR	1.00	Officer	$110,642	$6,854	$117,496
GREG MATTHEWS	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$0	$0
MALIA BATES	SECRETARY	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,701,275	$1,733,638	$847,966	$-32,363
2024	No data	No data	No data	No data
2023	$1,572,127	$1,547,187	$1,017,347	$24,940
2022	$1,322,204	$1,304,825	$668,276	$17,379
2021	$911,167	$986,272	$508,240	$-75,105
2018	$1,534,252	$1,853,025	$842,609	$-318,773