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 12/2023, Tides Network employed 290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tides Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tides Network generated $46.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $46.4m during the year ending 12/2023. While expenses have increased by 14.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AND ADVANCE THE OTHER TIDES ENTITIES BY PROVIDING EXECUTIVE LEADERSHIP, HR RESOURCES, FINANCIAL MANAGEMENT AND ACCOUNTING, LEGAL AND COMPLIANCE, AND ADMINISTRATIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janiece Evans-Page Director, CEO | OfficerTrustee | 5 | $767,769 |
Antoinette Klatzky Director, Secretary (thru 11/2023) | OfficerTrustee | 2 | $0 |
Brickson Diamond Dir Vice Chair (thru 11/23) Chair (from 11/23) | OfficerTrustee | 2 | $0 |
Cheryl D Alston Dir Treas (thru 11/23), Sec (from 11/23) | OfficerTrustee | 2 | $0 |
Marc Diaz Director, Vice Chair (from 11/23) | OfficerTrustee | 2 | $0 |
Roslyn Dawson Thompson Director, Chair (thru 11/2023) | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ajilon Professional Staffing Llc Consulting | 12/30/23 | $732,831 |
Jenner & Block Llp Consulting | 12/30/23 | $487,409 |
Oracle America Inc Consulting | 12/30/23 | $442,025 |
Techfides Llc Consulting | 12/30/23 | $549,762 |
Boxit Llc It Services | 12/30/23 | $407,546 |
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 | $18,236 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,236 |
Total Program Service Revenue | $46,001,622 |
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 | $46,329,664 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $251,708 |
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. | $2,893,404 |
Compensation of current officers, directors, key employees. | $2,430,981 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,193,126 |
Pension plan accruals and contributions | $1,028,513 |
Other employee benefits | $3,618,156 |
Payroll taxes | $1,967,618 |
Fees for services: Management | $4,001,908 |
Fees for services: Legal | $1,156,376 |
Fees for services: Accounting | $371,156 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $168,621 |
Office expenses | $530,289 |
Information technology | $991,813 |
Royalties | $0 |
Occupancy | $1,487,308 |
Travel | $950,699 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $291,813 |
Interest | $77 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $143,213 |
Insurance | $68,100 |
All other expenses | $640,883 |
Total functional expenses | $46,424,353 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,333,502 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $449,075 |
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 | $573,568 |
Net Land, buildings, and equipment | $789,038 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,329,500 |
Total assets | $10,474,683 |
Accounts payable and accrued expenses | $3,704,888 |
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 | $2,450,608 |
Total liabilities | $6,155,496 |
Net assets without donor restrictions | $4,319,187 |
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 | $10,474,683 |
Over the last fiscal year, Tides Network has awarded $244,708 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
TIDES CENTER PURPOSE: GENERAL SUPPORT | $50,708 |
TIDES FOUNDATION PURPOSE: GENERAL SUPPORT | $6,500 |
BOWIE STATE UNIVERSITY PURPOSE: GENERAL SUPPORT | $187,500 |