Tides Network
- Assets
- $7.8m
- Revenue
- $23.5m
- Investments
- $0.0
- Employees
- 139
- Location
- San Francisco, CA
- Founding
- 06/2007
- Data as of
- 12/2019
- EIN
- 20-3395198
Organization Overview
Tides Network is located in San Francisco, CA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Tides Network employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Tides Network generated $23.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $23.2m during the year ending 12/2019. While expenses have increased by 10.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT OTHER TIDES ENTITIES THROUGH EXECUTIVE LEADERSHIP AND ADMINISTRATIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIDES NETWORK (THE "NETWORK") IS A SHARED SERVICE PROVIDER TO THE OTHER TIDES ORGANIZATIONS (TIDES CENTER, TIDES FOUNDATION, TIDES, INC., AND TIDES TWO RIVERS FUND). TIDES NETWORK OVERSEES THE OPERATIONS, APPOINTS BOARD MEMBERS, AND PROVIDES EXECUTIVE LEADERSHIP AND ADMINISTRATIVE SERVICES FOR THE OTHER TIDES ORGANIZATIONS. ALL DIRECT AND INDIRECT COSTS, INCLUDING MANAGEMENT SALARIES AND SUPPORTING SERVICES OF TIDES' CENTRAL OFFICE, ARE INCURRED WITHIN TIDES NETWORK. NETWORK'S SPECIFIC ACTIVITIES INCLUDE SETTING MISSION AND STRATEGY, FINANCIAL LEADERSHIP, RISK MANAGEMENT, COMMUNICATIONS, ADMINISTRATION OF HUMAN RESOURCES, OFFICE ADMINISTRATION, TELEPHONE AND TELECOMMUNICATION, AND ADMINISTRATION OF INFORMATION TECHNOLOGY SYSTEMS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kriss Deiglmeier Ceo/director Through 7/2019 | OfficerTrustee | 22 | $442,989 |
Judith Hill Assistant Treasurer/cfo | Officer | 22 | $392,155 |
Jonathan Alexander Sloan Vp, Strat Pships/comms Thru 10/2019 | 22 | $336,005 | |
Suneela Jain Assistant Secretary/general Counsel | Officer | 22 | $258,984 |
Amanda Keton Assistant Secretary Through 4/2019 | Officer | 22 | $253,833 |
Pattiann Robinson Dir., Human Resources Through 2/2019 | 22 | $220,946 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accounting Principals Inc Recruiting Services | 12/30/19 | $131,585 |
Trister Ross Schadler & Gold Pllc Legal Services | 12/30/19 | $121,245 |
Adp Payroll Processing Services | 12/30/19 | $259,148 |
Boxit Llc It Services | 12/30/19 | $191,903 |
Moss Adams Llp Auditing And Tax Services | 12/30/19 | $207,955 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,401 |
| Total Program Service Revenue | $23,133,599 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,505,764 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,570 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,495,948 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,803,602 |
| Pension plan accruals and contributions | $448,541 |
| Other employee benefits | $1,225,320 |
| Payroll taxes | $915,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $362,014 |
| Fees for services: Accounting | $207,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7 |
| Fees for services: Other | $2,360,198 |
| Advertising and promotion | $0 |
| Office expenses | $452,002 |
| Information technology | $1,384,860 |
| Royalties | $0 |
| Occupancy | $852,691 |
| Travel | $424,359 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $313,015 |
| Interest | $315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $415,560 |
| Insurance | $35,576 |
| All other expenses | $120,556 |
| Total functional expenses | $23,208,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,881 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,817 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $333,703 |
| Net Land, buildings, and equipment | $260,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,438,155 |
| Total assets | $7,826,192 |
| Accounts payable and accrued expenses | $3,904,942 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,728 |
| Total liabilities | $3,912,670 |
| Net assets without donor restrictions | $3,913,522 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,826,192 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Tides Network has recieved totaling $92,934.
| Awarding Organization | Amount |
|---|---|
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR LEGAL DEFENSE AND COMPLIANCE RESOURCES | $75,000 |
Tides Foundation San Francisco, CA PURPOSE: PROJECT SUPPORT | $10,000 |
Community Shares Of Wisconsin Inc Madison, WI PURPOSE: GENERAL SUPPORT | $6,434 |
Craigslist Charitable Fund San Francisco, CA PURPOSE: GENERAL GRANT INTENTED TO FURTHER CHARITABLE PURPO | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Of The Greater Valley Manteca, CA | $6,868,918 | $46,568,235 |
The Clear Fund Oakland, CA | $43,908,385 | $51,079,383 |
The Albertsons Companies Foundation Pleasanton, CA | $41,450,438 | $46,344,229 |
Gary Sinise Foundation Los Angeles, CA | $51,598,916 | $42,908,528 |
Community Initiatives Oakland, CA | $32,963,465 | $33,654,695 |
St Baldricks Foundation Inc Monrovia, CA | $32,038,039 | $26,306,485 |
Gofundme Org Los Altos, CA | $3,296,431 | $30,792,768 |
Fullerton Family Foundation Novato, CA | $0 | $1,583 |
Tides Network San Francisco, CA | $7,826,192 | $23,505,764 |
Skid Row Housing Trust Los Angeles, CA | $140,703,379 | $20,933,705 |
Mgm Resorts Foundation Las Vegas, NV | $8,555,981 | $16,665,456 |
Family Assistance Ministries San Clemente, CA | $8,738,065 | $17,493,747 |