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Human Services : Social Services

FareStart

Great food. Better lives.

four stars

90.76

700 Virginia Street Seattle, WA 98106
tel: (206) 443-1233   Web Site
EIN: 91-1546757

Board Leadership
Ken Hart
President

CEO
Craig Russell
Interim Chief Executive Officer

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.76 four stars
  Financial 86.94 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.

FareStart provides a community that transforms lives by empowering homeless and disadvantaged men, women, and families to achieve self-sufficiency through life skills, job training and employment in the food service industry.

Founded in 1992, FareStart is a job training and placement program for both adults and youth. FareStart is a real solution to some of our society's most pressing challenges-homelessness, joblessness, poverty and hunger. Our model works because we are both an effective social service provider, and a thriving social enterprise.

FareStart provides a community that transforms lives by empowering homeless and disadvantaged men, women, and families to achieve self-sufficiency through life skills, job training and employment in the food service industry.

Founded in 1992, FareStart is a job training and placement program for both adults and youth. FareStart is a real solution to some of our society's most pressing challenges-homelessness, joblessness, poverty and hunger. Our model works because we are both an effective social service provider, and a thriving social enterprise.

Financial

three stars

86.94

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.3%
  Administrative Expenses 13.4%
  Fundraising Expenses 12.2%
  Fundraising Efficiency $0.20
  Working Capital Ratio (years) 1.07
  Program Expenses Growth 18.6%
  Liabilities to Assets 8.3%
All data for Financial Performance Metrics calculations was provided by FareStart on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by FareStart on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
FareStart (WA) 90.76 four stars
Dress for Success Houston (TX) 92.77 four stars
Goodwill Southern California (CA) 86.27 three stars
Delancey Street Foundation (CA) 91.45 four stars
Jewish Vocational Service of Boston (MA) 91.42 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,392,305
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,544,165
   Related Organizations $0
   Government Grants $1,566,300
Total Contributions $6,502,770
   Program Service Revenue $6,258,430
Total Primary Revenue $12,761,200
   Other Revenue $-110,220
TOTAL REVENUE $12,650,980
   
EXPENSES  
   Program Expenses $10,517,797
   Administrative Expenses $1,837,136
   Fundraising Expenses $1,482,780
TOTAL FUNCTIONAL EXPENSES $13,837,713
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,186,733
   
Net Assets $13,190,086

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
FareStart has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 04/01/2018 90.76 four stars
2015-12 05/01/2017 92.29 four stars
2014-12 06/01/2016 92.37 four stars
 
CN 2.0
2014-12 04/01/2016 94.20 four stars
2013-12 02/01/2016 90.99 four stars
2013-12 06/01/2015 90.55 four stars
2012-12 02/01/2014 92.86 four stars
2011-12 09/01/2012 91.21 four stars
2010-12 09/20/2011 94.71 four stars
 
CN 1.0
2009-12 04/01/2011 91.44 four stars
2008-12 05/01/2010 87.35 three stars
2007-12 02/01/2009 69.50 one star
2006-12 12/15/2007 92.78 four stars
2005-12 02/01/2007 82.27 three stars
2004-12 02/01/2006 87.49 three stars
2003-12 09/01/2005 84.92 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 91-1546757
Name in IRS Master File FARESTART
NTEE Code J22
NTEE Classification Vocational Training
NTEE Type Employment, Job-Related
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (320) Boy Scouts, Girl Scouts, etc.
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1992
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$201,626 1.45% Megan Karch CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
FareStart (WA) 90.76 four stars
Goodwill Industries of Denver (CO) 90.16 four stars
Millionair Club Charity (WA) 90.58 four stars
Jewish Vocational Service of Los Angeles (CA) 85.64 three stars
Capital IDEA (TX) 86.73 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

FareStart
700 Virginia Street
Seattle, WA 98106
tel: (206) 443-1233
fax: (206) 441-7543
EIN: 91-1546757

Visit Web Site

Board Leadership

Ken Hart
President

CEO

Craig Russell
Interim Chief Executive Officer

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