THE SHARKS FOUNDATION (EIN 770374062) - Form 990 Financial Analysis & Trantor Score

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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. WE ENVISION A FUTURE WHERE EVERY YOUNG PERSON IN THE BAY AREA HAS ACCESS TO QUALITY EDUCATION, ESSENTIAL WELLNESS RESOURCES, AND OPPORTUNITIES TO ENGAGE WITH AND GROW THROUGH THE GAME OF HOCKEY. MOST SIGNIFICANT ACTIVITIES INCLUDE: 1.) COMMUNITY ASSIST GRANTS PROVIDE MONETARY SUPPORT TO PUBLIC, 501(C)(3) NON-PROFITS SERVING BAY AREA YOUTH AND FAMILIES. 2.) THE EDUCATION EQUITY CAMPAIGN FOCUSES ON PROVIDING OPPORTUNITIES TO UNDERSERVED INDIVIDUALS AND PREPARING COLLEGE STUDENTS TO ENTER THE WORKFORCE. 3.) THE GOALS FOR KIDS PROGRAM PROVIDES SEASON CULMINATING GRANTS TO NON-PROFITS SUPPORTING YOUTH AND FAMILIES.

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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

THE SHARKS FOUNDATION